Overview
What is Alc Mosaic Inc?
Alc Mosaic Inc is a nonprofit organization situated in Charlotte, North Carolina, with a focus on education. Established with the goal of fostering a learning environment that thrives when guided by individuals' interests and talents, the organization emphasizes self-governance and community involvement. The school, maintained by Alc Mosaic Inc, encourages responsibility through active participation in education management and governance. By fostering a diverse community of individuals of all ages, the organization promotes mutual learning and growth, ultimately enriching the community as a whole. Alc Mosaic Inc currently employs 17 individuals in its mission.
Official website here: www.alcmosaic.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 45%, Zero-Star out of Four Star rating.
Alc Mosaic Inc has received a low rating of 45% from Charity Navigator, reflecting significant concerns regarding its accountability and financial practices. The organization has a particularly concerning score of 0% for independent board members and a lack of vital policies, such as conflict of interest and whistleblower policies, which are essential for transparency and governance.
Despite these issues, Alc Mosaic Inc has excelled in areas such as program expense ratio, achieving a perfect score of 100%. This indicates that all funds are dedicated to programmatic efforts, showcasing a commitment to its mission. Additionally, the organization has demonstrated strong leadership and adaptability, scoring full marks in these categories, which suggests it has capable management in place.
However, the absence of financial statements and a significant liabilities to assets ratio of 79.06% raises red flags about the organization's financial health. Overall, while Alc Mosaic Inc shows promise in certain areas, its governance practices and accountability measures need significant improvement to inspire donor confidence.
This AI summary has been generated from information found on Charity Navigator.
Is Alc Mosaic Inc legitimate?
Alc Mosaic Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Alc Mosaic 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
Professional Fundraising Fees: $0
Other Salaries and Wages: $330,506
For more financial information, click here
Official website here: www.alcmosaic.org
What is the mission statement of Alc Mosaic Inc?
Alc Mosaic Inc is established with the mission to create and sustain a school that fosters educational excellence. In this environment, learning thrives when guided by an individual's personal interests and talents. The school encourages responsibility by involving students in governing the institution and their own education. The unique aspect of Alc Mosaic Inc is the community it fosters, where diverse individuals of all ages learn from each other, ultimately contributing to a cohesive learning environment.
Official website here: www.alcmosaic.org
Who is the CEO of Alc Mosaic Inc?
Nancy H Tilton is the Director of Alc Mosaic Inc.
Official website here: www.alcmosaic.org
What is the revenue of Alc Mosaic Inc?
Alc Mosaic Inc's revenue in 2023 was $608,720.
Official website here: www.alcmosaic.org
Who are the executives of Alc Mosaic Inc and what are their salaries?
The average compensation at Alc Mosaic Inc during 2023 was $19,442. There are 17 employees at Alc Mosaic Inc.
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.alcmosaic.org
Where can I find the form 990 for Alc Mosaic Inc?
Alc Mosaic Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.alcmosaic.org
Learn more at the official website: www.alcmosaic.org
Mission Statement of Alc Mosaic Inc
Alc Mosaic Inc is established with a mission to establish and maintain a school that fosters an environment conducive to educational excellence. In this setting, learning thrives when guided by an individual's own interests and talents. Alc Mosaic Inc encourages responsibility through active participation in governing the school and one's own education. The organization believes that a diverse community of people of all ages working together and learning from each other is essential for community development. By fostering an environment where individuals can pursue their interests and talents, Alc Mosaic Inc empowers its students to take responsibility for their education, ultimately leading to a strong and inclusive community.
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Impact
July, 2024
Alc Mosaic Inc's impact lies in its commitment to establishing and maintaining a school that fosters educational excellence. By providing an environment where learning is directed by individual interests and talents, the organization ensures that each student can thrive academically. Moreover, Alc Mosaic promotes responsibility by involving people in governing the school and their own education, nurturing a sense of ownership and accountability among the community members. Through diverse individuals of all ages working together and learning from each other, Alc Mosaic cultivates a strong sense of community that benefits all involved.
This information is meant to be a general summary of Alc Mosaic 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: $1,826
- Program Service Revenue: $312,963
- Gross Receipts: $608,720
Assets and Liabilities:
- Total Assets: $1,486,480
- Total Liabilities: $1,175,407
- Net Assets: $311,073
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$306,736
OTHER REVENUE
Revenue
$4,782
ENROLLMENT FEES
Revenue
$1,135
SUMMER CAMP
Revenue
$310
Organization Details
Phone
(240) 643-8380Principal Officer
Nancy H Tilton
Main Address
6100 MONROE ROAD, CHARLOTTE, NC, 28212
Website
www.alcmosaic.orgNTEE Category
Code: B21 - Education
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