Alpha Kappa Educational Foundation

Charity Navigator Rating: One-Star out of Four Stars (53%)

The Alpha Kappa Educational Foundation has received a low rating of 53% from Charity Navigator, resulting in a One-Star rating. This score reflects concerns regarding its accountability and financial transparency, particularly highlighted by the absence of independent board members and missing governance policies such as a conflict of interest policy and a whistleblower policy.

Despite these concerns, the organization has demonstrated a strong commitment to its programs, as indicated by a program expense ratio of 98.17%. This suggests that the majority of its resources are allocated towards fulfilling its educational mission. Additionally, the charity does not have any material diversion of assets, which is a positive factor in its financial management.

However, the lack of basic governance structures and transparency mechanisms could be a significant limitation for potential donors and supporters. The absence of essential policies and an independent board raises questions about the oversight and accountability of the foundation. Overall, while the foundation's dedication to its mission is commendable, the governance issues identified may impact its credibility and trustworthiness in the nonprofit sector.

This AI summary has been generated from information found on Charity Navigator.

Alpha Kappa Educational Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Alpha Kappa Educational Foundation 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: $0

For more financial information, click here