Overview
What is Alpheios Project Ltd?
Alpheios Project Ltd is a nonprofit organization dedicated to creating open-source software for language learning. Their primary tool is a set of browser extensions, which have been utilized by approximately 5,000 users globally. These users make around 7,500 daily inquiries to obtain information about words. Moreover, an undisclosed number of users also employ the project's embedded tools. Alpheios Project provides free, web-based software suitable for reading and learning classical languages.
Official website here: www.alpheios.net
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Star rating)
The Alpheios Project Ltd has received a commendable Three-Star rating from Charity Navigator, with an overall score of 83%. This rating reflects a solid Accountability & Finance score, demonstrating the organization's commitment to transparency and responsible financial management. The rating is based entirely on a single beacon score, which highlights the importance of financial accountability in nonprofit operations.
The organization excels in several key areas, notably having a fully independent board, with 100% of board members meeting this criterion. Additionally, it shows strong financial health with a low liabilities to assets ratio of 45.51% and an impressive program expense ratio of 97.19%. These metrics indicate that the majority of funds are being allocated towards programs rather than administrative costs, which is a positive indicator for donors seeking effective use of their contributions.
However, there are some limitations noted in the governance policies of the organization. While it has a conflict of interest policy, it lacks a whistleblower policy and document retention and destruction policy, which could be areas for improvement. Addressing these gaps would enhance the organization's overall governance framework and provide further assurance to stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Alpheios Project Ltd legitimate?
Alpheios Project Ltd is a legitimate nonprofit organization registered as a 501(c)(3) entity. Alpheios Project Ltd submitted a form 990EZ, 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.
Official website here: www.alpheios.net
What is the mission statement of Alpheios Project Ltd?
The Alpheios Project Ltd, in its mission, develops open-source software for facilitating language learning. Their tools, including browser extensions, have been utilized by over 5,000 global users, who collectively make approximately 7,500 daily inquiries about words. Besides these, an unspecified number of users also utilize the project's embedded tools. The project provides complimentary web-based software for the purpose of reading and learning classical languages.
Official website here: www.alpheios.net
Who is the CEO of Alpheios Project Ltd?
Harry Diakoff is the President of Alpheios Project Ltd.
Official website here: www.alpheios.net
What is the revenue of Alpheios Project Ltd?
Alpheios Project Ltd's revenue in 2022 was $77,787.
Official website here: www.alpheios.net
Who are the executives of Alpheios Project Ltd and what are their salaries?
Here are 5 key members and their salaries:
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Official website here: www.alpheios.net
Where can I find the form 990EZ for Alpheios Project Ltd?
Alpheios Project Ltd's most recent form 990EZ was submitted in 2022 and can be accessed here.
Official website here: www.alpheios.net
Learn more at the official website: www.alpheios.net
Mission Statement of Alpheios Project Ltd
Alpheios Project, a nonprofit organization, is dedicated to advancing language learning through the development of open-source software. Its primary activity involves building tools that assist users in understanding words in classical languages. These tools, accessible via browser extensions, have garnered a global user base of 5,000 individuals who collectively make approximately 7,500 daily requests for language information. Besides these extension users, an unknown number of individuals also benefit from the project's embedded tools. Alpheios Project offers a complimentary web-based platform for reading and learning classical languages, making these resources readily available to anyone interested in language studies. In essence, Alpheios Project's mission is to democratize language learning, providing free and accessible tools for individuals worldwide to engage with classical languages.
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Impact
August, 2024
Alpheios Project Ltd's impact lies in providing open-source software for language study. With browser extensions downloaded by 5,000 users globally, the project facilitates approximately 7,500 daily requests for word information. Additionally, an undisclosed number of users benefit from the project's embedded tools. By offering free web-based software tailored for reading and learning classical languages, Alpheios Project Ltd contributes significantly to enhancing language study opportunities for individuals worldwide.
This information is meant to be a general summary of Alpheios Project Ltd. 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.
- Gross Receipts: $77,787
Assets and Liabilities:
- Total Assets: $4,107
- Total Liabilities: $683
- Net Assets: $3,424
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Organization Details
Phone
(518) 859-6955Principal Officer
Harry Diakoff
Main Address
2521 Hilltop Road, Niskayuna, NY, 12309
Website
www.alpheios.netNTEE Category
Code: U41 - Science research
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