Overview
What is Alcy Ball Community Development?
Alcy Ball Community Development is a nonprofit organization situated in Memphis, Tennessee. With a mission to connect and empower the residents of Alcy Ball, this community development entity strives to foster a thriving community. They achieve this goal through their three-pronged approach, commonly known as the "Connect-Train-Restore" model. This model provides resources to aid in home ownership and supports small business growth within the community. With a team of six dedicated employees, Alcy Ball Community Development actively works to uplift and empower its residents, contributing positively to the neighborhood's overall development.
Official website here: www.alcyball.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 60% (Two-Star out of Four Star Rating)
Alcy Ball Community Development has received a Two-Star rating from Charity Navigator, indicating a moderate level of performance in accountability and finance. The organization excels in having a fully independent board with no material diversion of assets, demonstrating a strong governance structure. However, it faces challenges in transparency, as it has not posted financial statements or certain essential policies on its website, which limits its score in the accountability category.
The organization shows a program expense ratio of 62.42%, suggesting that a significant portion of its funds is directed toward its programs. This focus on program spending indicates a commitment to its mission; however, the lack of financial documentation and missing policies regarding conflicts of interest and whistleblower protections raise concerns about operational transparency and adherence to best practices.
Overall, while Alcy Ball Community Development has positive aspects regarding its board governance and program spending, the deficiencies in financial transparency and policy availability hinder its overall performance rating. Addressing these limitations could enhance its accountability and trustworthiness in the eyes of donors and the community.
This AI summary has been generated from information found on Charity Navigator.
Is Alcy Ball Community Development legitimate?
Alcy Ball Community Development is a legitimate nonprofit organization registered as a 501(c)(3) entity. Alcy Ball Community Development submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $179,496
For more financial information, click here
Official website here: www.alcyball.org
What is the mission statement of Alcy Ball Community Development?
Alcy Ball Community Development's mission is centered around connecting and empowering its residents to build a prosperous community. They achieve this goal through their "Connect-Train-Restore" model, which offers resources for home ownership and small business growth. The organization's mission is to foster a thriving community by engaging and supporting its residents in various capacities.
Official website here: www.alcyball.org
Who is the CEO of Alcy Ball Community Development?
Seth Harkins is the Executive Di of Alcy Ball Community Development.
Official website here: www.alcyball.org
What is the revenue of Alcy Ball Community Development?
Alcy Ball Community Development's revenue in 2022 was $857,520.
Official website here: www.alcyball.org
Who are the executives of Alcy Ball Community Development and what are their salaries?
The average compensation at Alcy Ball Community Development during 2022 was $29,916. There are 6 employees at Alcy Ball Community Development.
Here are 6 key members and their salaries:
- Compensation: $72,064
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.alcyball.org
Where can I find the form 990 for Alcy Ball Community Development?
Alcy Ball Community Development's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.alcyball.org
Learn more at the official website: www.alcyball.org
Mission Statement of Alcy Ball Community Development
Alcy Ball Community Development, a nonprofit organization, is committed to connecting and empowering residents of Alcy Ball to develop a thriving community. Their mission is centered around providing resources for home ownership and small business growth, achieving this through their "Connect-Train-Restore" model. This approach aims to foster a sense of unity and self-sufficiency among the community members, ultimately leading to a prosperous and vibrant neighborhood.
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Impact
October, 2024
Alcy Ball Community Development has made significant strides in enhancing the quality of life for residents in the Alcy Ball area. By focusing on connection and empowerment, the organization fosters community engagement and support. Through its "CONNECT-TRAIN-RESTORE" model, it provides vital resources that aid in home ownership and promote small business growth. This approach not only cultivates a sense of community among residents but also contributes to the economic vitality of the neighborhood.
The organization’s efforts in empowering local homeowners ensure that families have access to the tools and knowledge necessary to invest in their properties and create stable living environments. Additionally, by supporting small business growth, Alcy Ball Community Development encourages entrepreneurship, which can lead to job creation and increased economic activity in the community. Through these initiatives, Alcy Ball Community Development is instrumental in developing a thriving and resilient community in Memphis, TN.
This information is meant to be a general summary of Alcy Ball Community Development. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $130,458
- Gross Receipts: $857,520
Assets and Liabilities:
- Total Assets: $907,252
- Total Liabilities: $135,642
- Net Assets: $771,610
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HOME OWNERSHIP PROGRAM
Revenue
$117,000
RENTAL
Revenue
$13,088
OTHER PROGRAM REVENUE
Revenue
$370
Organization Details
Founding Year
2012
Phone
(901) 497-8889Principal Officer
Seth Harkins
Main Address
PO BOX 140276, MEMPHIS, TN, 38114
Website
www.alcyball.orgNTEE Category
Code: L40 - Housing
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