Overview
What is The Exceptional Foundation Of East Alabama Inc?
The Exceptional Foundation of East Alabama Inc, established in Auburn, Alabama, is a dedicated nonprofit organization that serves individuals with intellectual and developmental disabilities who have aged out of the school system. Their mission is to provide a holistic program, enabling participants to engage in a variety of educational, recreational, and creative arts activities. The goal is to enrich their lives, foster friendships, and promote healthy living. The foundation encourages social relationships, artistic exploration, skill development, and community involvement through their regularly scheduled events. With a team of 26 dedicated employees, they strive to create a supportive environment where these individuals can thrive and contribute to their community.
Official website here: www.efofea.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 69%, earning a Two-Star out of Four Star rating. The Exceptional Foundation of East Alabama Inc demonstrates a solid commitment to transparency and financial accountability, as evidenced by a high program expense ratio of 70.93% and a favorable liabilities to assets ratio of 0.50%. The organization has fully independent board members and effectively documents board meeting minutes, contributing positively to its overall governance.
However, the foundation's accountability and finance score of 69 indicates areas for improvement, particularly in its governance policies. Notably, the absence of a conflict of interest policy, whistleblower policy, and document retention and destruction policy could present risks to its operational integrity. Addressing these gaps could strengthen the organization’s accountability framework and enhance donor confidence.
While the foundation's financial management appears robust, the low rating reflects these governance shortcomings. The leadership team's salaries are reasonable, which aligns with best practices in nonprofit compensation. By improving its governance policies, The Exceptional Foundation of East Alabama Inc can work towards a stronger rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is The Exceptional Foundation Of East Alabama Inc legitimate?
The Exceptional Foundation Of East Alabama Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Exceptional Foundation Of East Alabama Inc 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
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Other Salaries and Wages: $478,099
For more financial information, click here
Official website here: www.efofea.org
What is the mission statement of The Exceptional Foundation Of East Alabama Inc?
The Exceptional Foundation of East Alabama's mission is to establish a program aimed at individuals with intellectual and developmental disabilities. This program encourages regular gatherings, providing an array of social and recreational activities. The primary objective is to promote healthy living, foster social relationships, encourage exploration in the arts, enhance functional skills, and stimulate community involvement. The activities are designed to support the overall well-being and social development of these individuals.
Official website here: www.efofea.org
What is the revenue of The Exceptional Foundation Of East Alabama Inc?
The Exceptional Foundation Of East Alabama Inc's revenue in 2023 was $1,616,977.
Official website here: www.efofea.org
Who are the executives of The Exceptional Foundation Of East Alabama Inc and what are their salaries?
The average compensation at The Exceptional Foundation Of East Alabama Inc during 2023 was $18,388. There are 26 employees at The Exceptional Foundation Of East Alabama Inc.
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Official website here: www.efofea.org
Where can I find the form 990 for The Exceptional Foundation Of East Alabama Inc?
The Exceptional Foundation Of East Alabama Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.efofea.org
Learn more at the official website: www.efofea.org
Mission Statement of The Exceptional Foundation Of East Alabama Inc
The Exceptional Foundation of East Alabama is committed to creating an enriching program for individuals with intellectual and developmental disabilities. This nonprofit organization aims to organize regular meetings where participants can engage in a vast array of social and recreational activities. These activities are meticulously designed to promote overall well-being, strengthen social relationships, encourage artistic exploration, enhance functional skills, and foster community involvement. By providing these opportunities, The Exceptional Foundation of East Alabama strives to support the holistic development of its members, contributing to their improved quality of life.
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Impact
July, 2024
The Exceptional Foundation Of East Alabama Inc provides a crucial program for individuals with intellectual and developmental disabilities to experience a wide range of social and recreational activities. Their year-round services aim to enrich the lives of participants by offering educational, recreational, and creative arts activities. Additionally, the foundation focuses on fostering social relationships, improving functional skills, and promoting community involvement among individuals who may no longer be served in the school system. Through these efforts, The Exceptional Foundation Of East Alabama Inc makes a significant impact on the well-being and quality of life of those with intellectual and developmental disabilities in the Auburn area.
This information is meant to be a general summary of The Exceptional Foundation Of East Alabama Inc. 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 2023.
- Investment Income: $41,734
- Program Service Revenue: $240,055
- Gross Receipts: $2,138,949
Assets and Liabilities:
- Total Assets: $2,152,232
- Total Liabilities: $10,944
- Net Assets: $2,141,288
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM FEES
Revenue
$240,055
Organization Details
Founding Year
2016
Principal Officer
Drew Speakman
Website
www.efofea.orgNTEE Category
Code: P80 - Human services
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