Overview
What is Academic Institute Of Central Carol?
The Academic Institute of Central Carol (AICC) is a nonprofit organization situated in Charlotte, North Carolina. Their primary mission is to offer academic challenges and emotional and social support to individuals who are under-represented in post-secondary education in Mecklenburg, Gaston, and Union counties. They believe that financial situation or family's educational background should not hinder a person's preparation, entry, and completion of higher education. They provide this support through various events and workshops, such as Junior Day, AICC Enchanted Evening, UB Professional Senior workshop, and Senior Drive-In Parade. These events aim to motivate and prepare students for college. The staff continues to support these students even after they leave the program and enroll in college, providing coordinating services with other colleges on their behalf. The AICC operates with a team of 13 dedicated individuals.
Official website here: www.academicinstitute.education
What are the reviews and ratings of this charity?
Charity Navigator Rating: 37%
The Academic Institute Of Central Carol has received a low score of 37%, resulting in a Zero-Star out of Four Star rating from Charity Navigator. This indicates significant concerns regarding accountability and financial management within the organization. The absence of independent board members raises questions about governance and oversight, which are crucial for ensuring transparency and effective decision-making.
While the organization has some positive aspects, such as a fully compliant audit and oversight committee, and a conflict of interest policy in place, it lacks critical policies like a whistleblower policy. Additionally, the nonprofit has not made their tax form available on its website, which is a transparency issue that could affect stakeholder trust.
Financially, the organization shows troubling signs with a program expense ratio of only 30.29%, suggesting that a very small portion of its resources is directed towards its charitable programs. This combined with a liabilities to assets ratio of 0.00% further emphasizes the need for improved financial management strategies to enhance their standing and effectiveness in fulfilling their mission.
This AI summary has been generated from information found on Charity Navigator.
Is Academic Institute Of Central Carol legitimate?
Academic Institute Of Central Carol is a legitimate nonprofit organization registered as a 501(c)(3) entity. Academic Institute Of Central Carol 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: $468,408
For more financial information, click here
Official website here: www.academicinstitute.education
What is the mission statement of Academic Institute Of Central Carol?
The Academic Institute of Central Carol's mission is centered around promoting post-secondary education opportunities for individuals who are historically under-represented. The institution aims to eliminate any barriers, such as income or family educational background, that may hinder their preparation, entry, and completion of higher education. Through various programs and services, the Institute seeks to challenge academically and support emotionally and socially, aiming to boost participants' self-concept, personal development, and potential for success. The Institute encourages students to remain committed and achieve in their high school careers, extending support even after they transition into college.
Official website here: www.academicinstitute.education
Who is the CEO of Academic Institute Of Central Carol?
Deborah J Kingsberry is the Executive Director of Academic Institute Of Central Carol.
Official website here: www.academicinstitute.education
What is the revenue of Academic Institute Of Central Carol?
Academic Institute Of Central Carol's revenue in 2022 was $1,145,576.
Official website here: www.academicinstitute.education
Who are the executives of Academic Institute Of Central Carol and what are their salaries?
The average compensation at Academic Institute Of Central Carol during 2022 was $36,031. There are 13 employees at Academic Institute Of Central Carol.
Here are 7 key members and their salaries:
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Official website here: www.academicinstitute.education
Where can I find the form 990 for Academic Institute Of Central Carol?
Academic Institute Of Central Carol's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.academicinstitute.education
Learn more at the official website: www.academicinstitute.education
Mission Statement of Academic Institute Of Central Carol
The Academic Institute of Central Carol, in its mission, strives to encourage and facilitate pre-college services for individuals who are traditionally under-represented in post-secondary education in Mecklenburg, Gaston, and Union counties in North Carolina. The institute aims to ensure that financial constraints or a lack of familial educational background do not hinder these individuals from preparing, entering, and completing their higher education journeys.
In carrying out this mission, the Academic Institute of Central Carol aims to challenge students academically and provide emotional and social support to boost their self-confidence, self-development, and overall potential. The institute begins its engagement with students from the 9th grade and encourages their continued participation and success throughout their high school years, extending its support until they transition into college. Even after students leave the program and enroll in college, the institute continues to monitor their progress and coordinate services with other educational institutions on their behalf.
In summary, the Academic Institute of Central Carol is dedicated to breaking down barriers to higher education for under-represented individuals in its service areas. By providing academic challenges, emotional support, and post-high school guidance, the institute seeks to empower students to achieve their full potential and overcome the challenges that may have previously deterred them from pursuing post-secondary education.
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Impact
October, 2024
The Academic Institute of Central Carol significantly impacts the educational landscape in Mecklenburg, Gaston, and Union counties by providing critical pre-college services to students who are typically under-represented in post-secondary education. By focusing on participants from diverse socioeconomic backgrounds, the Institute helps remove barriers based on income or family educational history, paving the way for greater access to higher education opportunities.
Through programs like Upward Bound, students receive academic challenges and comprehensive emotional and social support, which not only enhances their self-concept but prepares them for success throughout their high school years and into college. The initiative encourages student retention in the program from 9th grade until graduation, fostering a sense of belonging and community among participants. This continuous support ensures that students not only excel academically but also grow personally, helping them reach their full potential.
The Institute's tracking services extend beyond high school, continuing to assist students as they transition to college. By coordinating with various colleges on their behalf, the Academic Institute of Central Carol helps maintain a support network that is crucial for their success. Through events, workshops, and community engagement, such as Junior Day and the Senior Drive-In Parade, the organization actively cultivates an environment that celebrates achievement and fosters a culture of academic excellence.
Overall, the Academic Institute of Central Carol's work plays a transformative role in shaping the futures of students, empowering them to overcome obstacles and thrive in higher education.
This information is meant to be a general summary of Academic Institute Of Central Carol. 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: $1,145,576
Assets and Liabilities:
- Total Assets: $99,435
- Total Liabilities: $0
- Net Assets: $99,435
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Organization Details
Founding Year
2010
Principal Officer
Deborah J Kingsberry
Main Address
7506 East Independence Suite 127, Charlotte, NC, 28227
NTEE Category
Code: B90 - Education
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