Overview
What is Alexander Children's Foundation Inc?
Alexander Children's Foundation Inc is a charitable organization situated in Charlotte, North Carolina, specifically at 6220 Thermal Road. Its primary mission is to support the objectives of a related organization, Alexander Youth Network, Inc. (AYN). To accomplish this, the foundation manages endowment assets and engages in fundraising activities. The purpose of these endeavors is to further the mission of AYN, which aims to provide support and care to children and families in need. Although details about the specific activities or programs of the Alexander Children's Foundation are not provided, it is clear that their work is focused on upholding the mission of AYN.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 54%, One-Star out of Four Star rating.
The Alexander Children's Foundation Inc received a low score of 54% from Charity Navigator, indicating some significant concerns regarding its financial practices and overall transparency. While the organization boasts a commendable 92% independent board member composition and has established strong policies for conflict of interest and whistleblower protections, it falls short in key financial metrics that impact its overall rating.
Specifically, the foundation's program expense ratio stands at a low 21.35%, suggesting that a minimal portion of its funds is directed toward its programs relative to its overall expenses. Additionally, the organization has been marked down for not providing its tax form on its website, which raises questions about its transparency and accessibility of financial information to the public.
While the board's independent oversight is a notable strength, the overall financial health and programmatic efficiency of the Alexander Children's Foundation Inc require improvement to foster greater confidence among donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Alexander Children's Foundation Inc legitimate?
Alexander Children's Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Alexander Children's Foundation 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: $260,466
Professional Fundraising Fees: $0
Other Salaries and Wages: $209,083
For more financial information, click here
What is the mission statement of Alexander Children's Foundation Inc?
The Alexander Children's Foundation Inc. supports the mission of Alexander Youth Network, Inc. (AYN) by managing its endowment assets and overseeing fundraising activities. Its primary objective is to promote the goals of AYN. The Foundation does not have a specific mission statement of its own, but instead, it serves to further the mission of the related organization. It manages funds to help AYN achieve its objectives, which primarily focus on providing support and services to children and families in need. The Foundation's activities contribute to the overall mission of improving the lives of those served by AYN.
Who is the CEO of Alexander Children's Foundation Inc?
Elizabeth Crutchfield is the CEO of Alexander Children's Foundation Inc The CEO's salary of Alexander Children's Foundation Inc is $97,186 and their total compensation is $117,174.
What is the revenue of Alexander Children's Foundation Inc?
Alexander Children's Foundation Inc's revenue in 2024 was $2,471,393.
Who are the executives of Alexander Children's Foundation Inc and what are their salaries?
The average compensation at Alexander Children's Foundation Inc during 2024 was $78,258. There are 6 employees and 25 volunteers at Alexander Children's Foundation Inc.
Here are 29 key members and their salaries (Alexander Children's Foundation Inc's CEO's salary is $97,186 and their total compensation is $117,174):
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- Related: $244,066
- Other: $51,814
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- Other: $23,619
- Compensation: $124,901
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- Other: $19,355
- Compensation: $97,186
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- Other: $19,988
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Where can I find the form 990 for Alexander Children's Foundation Inc?
Alexander Children's Foundation Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Alexander Children's Foundation Inc
Alexander Children's Foundation Inc plays a crucial role in supporting the mission of Alexander Youth Network, Inc. (AYN). This foundation manages endowment assets and oversees fundraising activities, with the ultimate goal of promoting the objectives of AYN. By doing so, Alexander Children's Foundation contributes to the broader mission of AYN, which is not specified in the provided information. This support allows AYN to carry out its activities and achieve its goals, ultimately benefiting the individuals and communities it serves. The foundation's role is instrumental in ensuring the financial stability and success of AYN's mission.
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Impact
July, 2024
Alexander Children's Foundation Inc focuses on managing endowment assets to support the mission of the related organization, Alexander Youth Network, Inc. By overseeing fundraising activities and managing financial resources effectively, the foundation plays a crucial role in ensuring the sustainability and impact of AYN's work. Through its philanthropic efforts, the foundation contributes to providing vital services and support to children and youth in need, ultimately making a positive difference in their lives.
This information is meant to be a general summary of Alexander Children's Foundation 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 2024.
- Investment Income: $557,357
- Gross Receipts: $2,606,752
Assets and Liabilities:
- Total Assets: $14,670,860
- Total Liabilities: $0
- Net Assets: $14,670,860
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Organization Details
Founding Year
2015
Principal Officer
Elizabeth Crutchfield
NTEE Category
Code: T12 - Philanthropy
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