Overview
What is Aamu-Rise Foundation?
Aamu-Rise Foundation is a nonprofit organization based in Normal, Alabama. Their primary mission is to provide technical and analytical expertise to support the modernization of cyber development, operations, infrastructure, and training for the TCOT mission. This involves conducting research, analysis, and coordinating sponsored research programs for Alabama A&M University. The foundation's activities include administering contracts and research projects, utilizing the expertise of AAMU faculty and affiliates. Their work aims to contribute significantly to the advancement of cybersecurity and research at the university level.
Official website here: www.aamu-rise.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement - Overall score: 73%, earning a Two-Star out of Four Star rating.
The Aamu-Rise Foundation has an overall score of 73%, which indicates that while there are strengths in its governance and financial practices, there are several areas needing improvement. The organization scores high on aspects such as having a fully independent board and a sound audit process, showing a commitment to transparency and accountability. However, its program expense ratio is notably low at 54.54%, suggesting that a significant portion of its expenses may not be directly supporting its mission.
The foundation's board is composed entirely of independent members, which reflects a strong governance structure. The organization has no material diversion of assets and adheres to necessary policies like conflict of interest and document retention. However, the absence of a whistleblower policy and missing tax forms on the website are significant gaps that could undermine stakeholder trust and transparency.
While the Aamu-Rise Foundation demonstrates some solid practices in accountability, its lower program expenses and missing policies indicate areas where further improvement is necessary to enhance its overall effectiveness and credibility.
This AI summary has been generated from information found on Charity Navigator.
Is Aamu-Rise Foundation legitimate?
Aamu-Rise Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Aamu-Rise 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: $385,171
For more financial information, click here
Official website here: www.aamu-rise.org
What is the mission statement of Aamu-Rise Foundation?
The Aamu-Rise Foundation's primary mission is to manage and oversee research and development projects on behalf of Alabama A&M University, primarily conducted by the university's faculty and affiliates. Their role also includes coordinating sponsored research programs for the institution. In simpler terms, the foundation serves as a bridge between Alabama A&M University and external sponsors, facilitating research projects and initiatives.
Official website here: www.aamu-rise.org
Who is the CEO of Aamu-Rise Foundation?
Dr Andrew Scott is the President/Executive Direct of Aamu-Rise Foundation.
Official website here: www.aamu-rise.org
What is the revenue of Aamu-Rise Foundation?
Aamu-Rise Foundation's revenue in 2022 was $555,379.
Official website here: www.aamu-rise.org
Who are the executives of Aamu-Rise Foundation and what are their salaries?
There 5 volunteers at Aamu-Rise Foundation.
Here are 5 key members and their salaries:
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- Other: $0
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Official website here: www.aamu-rise.org
Where can I find the form 990 for Aamu-Rise Foundation?
Aamu-Rise Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.aamu-rise.org
Learn more at the official website: www.aamu-rise.org
Mission Statement of Aamu-Rise Foundation
Aamu-Rise Foundation is a nonprofit organization with a mission to support Alabama A&M University by administering and coordinating sponsored research programs conducted by the university's faculty and affiliates. The primary objective of Aamu-Rise Foundation is to facilitate the development and execution of contract and research and development projects on behalf of Alabama A&M University. This involvement aids in enhancing the university's research capabilities and furthering its academic pursuits. The foundation serves as a crucial bridge, connecting the university with potential sponsors, thereby fostering collaborative research initiatives.
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Impact
July, 2024
The Aamu-Rise Foundation's impact lies in its ability to develop and administer contract research and development projects on behalf of Alabama A&M University. Through the coordination of sponsored research programs, the Foundation enables AAMU faculty and its affiliates to conduct valuable research in various scientific fields. One notable project includes providing technical and analytical expertise to support the modernization of cyber development, operations, infrastructure, and training for the TCOT mission. In essence, the Foundation plays a crucial role in facilitating cutting-edge research initiatives that contribute to advancements in science and technology.
This information is meant to be a general summary of Aamu-Rise 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.
- Program Service Revenue: $451,097
- Gross Receipts: $555,379
Assets and Liabilities:
- Total Assets: $688,485
- Total Liabilities: $124,489
- Net Assets: $563,996
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SERVICES
Revenue
$451,097
Organization Details
Founding Year
2014
Phone
(256) 372-5866Principal Officer
Dr Andrew Scott
Main Address
PO BOX 272, NORMAL, AL, 35762
Website
www.aamu-rise.orgNTEE Category
Code: U05 - Science research
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