Overview
What is Knights Of Ak-Sar-Ben Foundation?
The Knights of Ak-Sar-Ben Foundation, also known as the Aksaban Foundation, is a nonprofit organization based in Omaha, Nebraska. With a team of 12 dedicated individuals, their primary mission is to address the pressing issue of skilled labor shortage in Nebraska's businesses. They aim to expand the workforce and increase the number and quality of high-skill, high-wage jobs by collaborating with Nebraska colleges and universities, leveraging public, private, and philanthropic resources, and engaging with business and community leaders. Their work is centered around advancing education, workforce development, and civic projects, ultimately contributing to the prosperity of the Heartland region.
Official website here: www.aksarben.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Stars)
The Knights Of Ak-Sar-Ben Foundation has achieved an impressive 95% rating from Charity Navigator, reflecting a strong commitment to accountability and financial management. This high score is derived solely from their Accountability & Finance metrics, indicating a robust organizational structure that prioritizes transparency and ethical governance practices.
One of the foundation's notable strengths is its all-independent board, which consists of 20 members, ensuring diverse oversight and accountability. Their financial practices are exemplary, with no material diversion of assets reported and a program expense ratio of 72.69%, highlighting their focus on effective program delivery rather than administrative costs. Additionally, their fundraising efficiency is commendable, with only $0.16 spent on fundraising for every dollar raised.
While the data showcases the foundation's financial health and governance, there are no specific limitations noted in the available feedback. Overall, the Knights Of Ak-Sar-Ben Foundation demonstrates a strong capacity for financial stewardship, making it a reliable choice for donors interested in contributing to their mission.
This AI summary has been generated from information found on Charity Navigator.
Is Knights Of Ak-Sar-Ben Foundation legitimate?
Knights Of Ak-Sar-Ben Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Knights Of Ak-Sar-Ben 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: $281,355
Professional Fundraising Fees: $0
Other Salaries and Wages: $585,718
For more financial information, click here
Official website here: www.aksarben.org
What is the mission statement of Knights Of Ak-Sar-Ben Foundation?
The Knights of Ak-Sar-Ben Foundation's mission is centered around convening business and community leaders committed to fostering prosperity in various sectors. Specifically, they aim to advance education, workforce development, and civic projects through effective partnerships between private, public, and philanthropic entities. In response to the pressing issue of a skilled labor shortage, the foundation is dedicated to addressing this crisis by leveraging its robust network of leaders, collaborating with Nebraska colleges and universities, and utilizing public, private, and philanthropic resources. The ultimate goal is not only to expand the workforce but also to enhance the number and quality of high-skilled, high-wage jobs, thereby improving Nebraska's business landscape.
Official website here: www.aksarben.org
Who is the CEO of Knights Of Ak-Sar-Ben Foundation?
Sandra Reding is the Chair of Knights Of Ak-Sar-Ben Foundation.
Official website here: www.aksarben.org
What is the revenue of Knights Of Ak-Sar-Ben Foundation?
Knights Of Ak-Sar-Ben Foundation's revenue in 2022 was $2,841,754.
Official website here: www.aksarben.org
Who are the executives of Knights Of Ak-Sar-Ben Foundation and what are their salaries?
The average compensation at Knights Of Ak-Sar-Ben Foundation during 2022 was $72,256. There are 12 employees and 531 volunteers at Knights Of Ak-Sar-Ben Foundation.
Here are 23 key members and their salaries:
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Official website here: www.aksarben.org
Where can I find the form 990 for Knights Of Ak-Sar-Ben Foundation?
Knights Of Ak-Sar-Ben Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.aksarben.org
Learn more at the official website: www.aksarben.org
Mission Statement of Knights Of Ak-Sar-Ben Foundation
The Knights of Ak-Sar-Ben Foundation is committed to convening business and community leaders who are dedicated to fostering prosperity in the heartland. Their mission is centered around advancing education, workforce development, and civic projects through effective private, public, and philanthropic partnerships.
Specifically, the foundation is addressing a pressing issue in Nebraska's business sector: a notable shortage of skilled labor. This labor deficiency is leading to an increase in the outsourcing of various positions to other states, thereby limiting Nebraska's business expansion and potential for new businesses considering relocation. In response, the Knights of Ak-Sar-Ben Foundation is determined to tackle this labor crisis. They are leveraging their robust network of business and community leaders, collaborating with Nebraska colleges and universities, and utilizing public, private, and philanthropic resources. The ultimate goal is not just to expand the workforce, but also to enhance the number and quality of high-skill, high-wage jobs, thereby improving Nebraska's overall business landscape.
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Impact
July, 2024
The impact of the Knights Of Ak-Sar-Ben Foundation is evident in its dedication to addressing the labor crisis in Nebraska through workforce development initiatives. By leveraging a strong network of business and community leaders, collaborating with educational institutions, and utilizing diverse resources, the foundation aims not only to expand the state's workforce but also to enhance the quality and quantity of high-skill, high-wage jobs. This strategic approach not only benefits the local economy but also elevates Nebraska's business landscape, ultimately contributing to the overall prosperity of the heartland region.
This information is meant to be a general summary of Knights Of Ak-Sar-Ben 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: $475,392
- Program Service Revenue: $325,125
- Gross Receipts: $6,314,134
Assets and Liabilities:
- Total Assets: $9,243,312
- Total Liabilities: $1,117,719
- Net Assets: $8,125,593
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
AKSARBEN BALL
Revenue
$325,125
Organization Details
Founding Year
1895
Phone
(402) 554-9600Principal Officer
Sandra Reding
Main Address
2120 SOUTH 72ND ST 800, OMAHA, NE, 68124
Website
www.aksarben.orgNTEE Category
Code: P20Z - Human services
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