Overview
What is Divine Child Alumni Association Foundation?
The Divine Child Alumni Association Foundation is a benevolent organization, situated in Dearborn, Michigan. Their primary mission involves offering financial assistance to various aspects of both secular and Catholic education. This support primarily focuses on comprehensive, full-time academic and religious training, as well as maintenance, special programs, and future educational and religious initiatives. The foundation channels its resources towards the Divine Child High School, specifically helping to renovate the school's weight room and lockers. The work of the Divine Child Alumni Association Foundation is guided by the Divine Child Alumni Association, an IRC Section 501(c)(4) organization, furthering their commitment to education and religious programs.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80%, Three-Star out of Four Star rating. This rating indicates a solid level of accountability and financial health for the Divine Child Alumni Association Foundation. The overall score is derived entirely from the Accountability & Finance beacon, highlighting the organization's commitment to transparency and responsible management of resources.
The foundation boasts an impressive score of 80 in Accountability & Finance, with a notable program expense ratio of 86.92%. This suggests that the majority of its expenditures are directed towards its charitable programs rather than administrative costs. The organization maintains an independent board, with 80% of its members being independent, further enhancing its governance integrity.
While the foundation demonstrates strong accountability through policies like conflict of interest management and documentation of board meeting minutes, it should continue to focus on maintaining these practices. Overall, the Divine Child Alumni Association Foundation appears to be a well-managed organization that prioritizes financial responsibility and transparency.
This AI summary has been generated from information found on Charity Navigator.
Is Divine Child Alumni Association Foundation legitimate?
Divine Child Alumni Association Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Divine Child Alumni Association 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.
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Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Divine Child Alumni Association Foundation?
The Divine Child Alumni Association Foundation's mission is centered around providing financial assistance for various aspects of education. This encompasses both secular and religious education, with a focus on academic and religious training within the curriculum of Divine Child High School. The foundation also supports school maintenance, special programs, and any other educational or religious initiatives, both current and future. All these activities are carried out under the guidance of the Divine Child Alumni Association, which is a non-profit organization as per IRC Section 501(c)(4).
Who is the CEO of Divine Child Alumni Association Foundation?
Bart Berno is the Principal Officer of Divine Child Alumni Association Foundation.
What is the revenue of Divine Child Alumni Association Foundation?
Divine Child Alumni Association Foundation's revenue in 2022 was $211,056.
Who are the executives of Divine Child Alumni Association Foundation and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for Divine Child Alumni Association Foundation?
Divine Child Alumni Association Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Divine Child Alumni Association Foundation
The Divine Child Alumni Association Foundation is dedicated to supporting various aspects of education, both secular and religious, with a primary focus on the academic and religious curriculum of Divine Child High School. Their mission extends beyond this, encompassing the maintenance of the school, funding for special programs, and any future educational or religious initiatives. This support is carried out under the guidance of the Divine Child Alumni Association, a recognized 501(c)(4) organization. The foundation's purpose is to contribute financially to the enrichment of the educational experience, ensuring that the school and its students continue to thrive.
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Impact
October, 2024
The Divine Child Alumni Association Foundation significantly enhances both secular and Catholic education within the community. By providing vital financial support, it enables the maintenance and improvement of educational facilities, such as the renovation of the weight room and lockers at Divine Child High School. This support extends to the funding of special programs that enrich the academic and religious training aligned with the school's curriculum.
Through its efforts, the Foundation ensures that students have access to a robust educational environment, fostering both their intellectual and spiritual growth. Its impact is felt across multiple facets of education, creating a positive ripple effect that benefits current and future generations of students in Dearborn, MI.
This information is meant to be a general summary of Divine Child Alumni Association 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $156,672
- Gross Receipts: $280,302
Assets and Liabilities:
- Total Assets: $1,429,828
- Total Liabilities: $0
- Net Assets: $1,429,828
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Organization Details
Founding Year
1984
Phone
(734) 674-9760Principal Officer
Bart Berno
Main Address
1055 N Silvery Lane, Dearborn, MI, 48128
NTEE Category
Code: B84 - Education
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