Overview
What is James Jordan Foundation A-Team Scholars?
The James Jordan Foundation A-Team Scholars is a nonprofit organization situated in Chicago, Illinois, specifically at 737 N Michigan Ave 1045. Their primary mission revolves around managing 529 plans for participants enrolled in the A Team Scholars Program. This financial strategy is instrumental in supporting the higher education aspirations of these individuals. The foundation's work is dedicated to offering a pathway for academic growth and success, contributing to their overall personal development.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating. This rating indicates that while the James Jordan Foundation A-Team Scholars demonstrates some strengths in financial management and governance, there are significant areas that need improvement.
The organization receives high marks for its accountability, with full scores for factors such as having an independent board and a very low liabilities-to-assets ratio. Additionally, it boasts a strong program expense ratio, indicating that most of its funds go directly towards its programs. However, the foundation lacks critical policies and transparency measures, which are reflected in the missing conflict of interest policy, whistleblower policy, and failure to list its website on tax forms.
Overall, the James Jordan Foundation A-Team Scholars shows a commitment to its mission through effective program spending but must address the deficiencies in its governance and transparency policies to enhance its rating and public trust. These issues could hinder its ability to attract support and potentially impact its overall effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is James Jordan Foundation A-Team Scholars legitimate?
James Jordan Foundation A-Team Scholars is a legitimate nonprofit organization registered as a 501(c)(3) entity. James Jordan Foundation A-Team Scholars 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
What is the mission statement of James Jordan Foundation A-Team Scholars?
The James Jordan Foundation's A-Team Scholars program is committed to maintaining 529 plans for its participants. This mission ensures that the educational savings plans are well-managed, providing financial support for the higher education expenses of the program's participants. By managing these plans, the foundation aims to alleviate some of the financial burden associated with higher education, thereby enabling scholars to focus on their academic pursuits. The foundation's dedication to this mission demonstrates its commitment to supporting the educational aspirations of its A-Team Scholars.
Who is the CEO of James Jordan Foundation A-Team Scholars?
Deloris Jordan is the President of James Jordan Foundation A-Team Scholars.
What is the revenue of James Jordan Foundation A-Team Scholars?
James Jordan Foundation A-Team Scholars's revenue in 2022 was $3,892.
Who are the executives of James Jordan Foundation A-Team Scholars and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for James Jordan Foundation A-Team Scholars?
James Jordan Foundation A-Team Scholars's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of James Jordan Foundation A-Team Scholars
The James Jordan Foundation A-Team Scholars is dedicated to maintaining 529 plans for participants enrolled in its A Team Scholars Program. In simpler terms, this nonprofit organization ensures that each participant in its program has a 529 plan, a savings plan designed to help families save for future education expenses. By managing these 529 plans, the James Jordan Foundation A-Team Scholars is helping to secure a brighter future for its program participants, enabling them to pursue higher education without the burden of excessive financial debt. This mission underscores the organization's commitment to supporting its community and fostering educational opportunities for its members.
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Impact
August, 2024
The impact of James Jordan Foundation A-Team Scholars can be seen through its work in maintaining 529 plans for participants in the A Team Scholars Program. By facilitating and supporting these savings plans, the organization is directly contributing to the educational advancement and future success of individuals within the program. This initiative is vital in helping students access higher education and attain their academic goals, ultimately leading to positive outcomes and opportunities for these scholars.
This information is meant to be a general summary of James Jordan Foundation A-Team Scholars. 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: $3,892
Assets and Liabilities:
- Total Assets: $537,102
- Total Liabilities: $0
- Net Assets: $537,102
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Organization Details
Founding Year
2007
Phone
(312) 751-9696Principal Officer
Deloris Jordan
Main Address
737 N Michigan Ave 1045, Chicago, IL, 60611
NTEE Category
Code: B82 - Education
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