Aka-Lade Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 300356976 ✦ Westchester, IL ✦ Designated as a 501(c)(3)

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Overview

What is Aka-Lade Foundation?

The Aka-Lade Foundation is a nonprofit organization that is committed to empowering high school students by providing them with the necessary financial assistance for higher education. This is achieved through the organization's scholarship fundraising efforts, which aim to secure access to colleges for these students. The foundation plays a significant role in supporting these young individuals as they transition into their academic journeys.

Is Aka-Lade Foundation legitimate?

Aka-Lade Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Aka-Lade Foundation 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.

What is the mission statement of Aka-Lade Foundation?

The Aka-Lade Foundation's mission is centered around preparing and assisting high school students in their transition to college. They accomplish this by raising funds to provide scholarships, thereby ensuring that these students have the financial means to pursue higher education. The foundation's objective is to widen the opportunities for these students, thereby empowering them to reach their full potential. By securing access to higher education, the foundation aims to contribute to the personal and professional growth of these students, ultimately enriching society as a whole.

Who is the CEO of Aka-Lade Foundation?

Melanie Eddins Spencer is the President of Aka-Lade Foundation.

What is the revenue of Aka-Lade Foundation?

Aka-Lade Foundation's revenue in 2021 was $6,910.

Who are the executives of Aka-Lade Foundation and what are their salaries?


Here are 6 key members and their salaries:


Melanie Eddins Spencer (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ashley Cosby (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bonita Cosby (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mavis Kelly Williams (Financial Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Franklin (Asst Financial Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Belinda Traywick (Asst Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Aka-Lade Foundation?

Aka-Lade Foundation's most recent form 990EZ was submitted in 2021 and can be accessed here.

Mission Statement of Aka-Lade Foundation

The Aka-Lade Foundation, a nonprofit organization, is dedicated to empowering high school students by providing them with the necessary financial aid to pursue higher education. Its mission revolves around raising funds to grant scholarships, thereby ensuring that deserving students can secure access to colleges and universities. This mission is instrumental in creating opportunities for these students, thereby contributing to their personal growth and development. The organization's efforts are geared towards breaking down financial barriers and enabling students to realize their dreams of higher education.

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Impact




August, 2024

Aka-Lade Foundation's impact is evident in its successful preparation and support of high school students for college. By raising funds for scholarships that secure access to higher education, the foundation plays a crucial role in empowering young individuals to pursue their academic goals and achieve their full potential. The impact of Aka-Lade Foundation extends beyond financial assistance, as it serves as a catalyst for educational advancement and future success for students in Westchester, IL.




This information is meant to be a general summary of Aka-Lade Foundation. 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.

Revenue
$6,910 (2021)
Expenses
$9,903 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $2
  • Gross Receipts: $6,910

Assets and Liabilities:

  • Total Assets: $16,988
  • Total Liabilities: $0
  • Net Assets: $16,988

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Organization Details

Principal Officer

Melanie Eddins Spencer

Main Address

PO BOX 8234, Westchester, IL, 60154

NTEE Category

Code: B12 - Education

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