Overview
What is Agr Alpha Theta Educational Foundation Inc?
Agr Alpha Theta Educational Foundation Inc is a nonprofit organization, with its operations coordinated through an individual named Tim Raver located in Selbyville, Delaware. The primary objective of this foundation is to support undergraduate students financially and with housing. They offer scholarship grants, educational loans, and housing assistance to aid these students in their academic journey. This comprehensive support system aims to ease the financial burden and accommodation challenges faced by undergraduate students, thereby enabling them to focus on their studies and achieve academic success.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Star rating.
Agr Alpha Theta Educational Foundation Inc has received a Two-Star rating from Charity Navigator, reflecting a score of 73%. This rating indicates that the organization meets basic standards of accountability and finance but may not excel in all areas of performance. The score is primarily derived from the Accountability & Finance beacon, where the foundation has shown positive attributes.
The organization demonstrates strong governance, with 100% of its board members being independent and a full score for board size. Additionally, there is no indication of material diversion of assets, and the foundation actively documents its board meeting minutes, which are commendable practices in nonprofit management. Furthermore, the foundation maintains a solid financial standing with a liabilities to assets ratio of 0.00%, indicating a strong balance sheet.
However, while the program expense ratio is notable at 85.77%, which suggests that a significant portion of its resources is dedicated to programs, the overall rating indicates room for improvement in other areas. The Two-Star rating suggests that while the foundation is effective in certain aspects, potential donors should consider these factors and look for additional information before making contributions.
This AI summary has been generated from information found on Charity Navigator.
Is Agr Alpha Theta Educational Foundation Inc legitimate?
Agr Alpha Theta Educational Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Agr Alpha Theta Educational 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: $0
Professional Fundraising Fees: $3,126
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Agr Alpha Theta Educational Foundation Inc?
The Agr Alpha Theta Educational Foundation Inc's mission is centered around providing support for undergraduate students. They accomplish this by offering scholarship grants, educational loans, and housing assistance. This comprehensive approach aims to alleviate some of the financial burdens faced by these students, thereby enabling them to focus on their academic pursuits. The foundation's activities are geared towards fostering a conducive learning environment for undergraduates, thereby contributing to their overall educational development.
Who is the CEO of Agr Alpha Theta Educational Foundation Inc?
Tim Raver is the President of Agr Alpha Theta Educational Foundation Inc.
What is the revenue of Agr Alpha Theta Educational Foundation Inc?
Agr Alpha Theta Educational Foundation Inc's revenue in 2022 was $52,662.
Who are the executives of Agr Alpha Theta Educational Foundation Inc and what are their salaries?
There 4 volunteers at Agr Alpha Theta Educational Foundation Inc.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Agr Alpha Theta Educational Foundation Inc?
Agr Alpha Theta Educational Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Agr Alpha Theta Educational Foundation Inc
Agr Alpha Theta Educational Foundation Inc is committed to supporting undergraduate students beyond just providing scholarship grants and educational loans. Their mission extends to offering housing assistance as well. This financial and housing support aims to ease the burden of undergraduate students, enabling them to focus on their studies more effectively. The foundation's goal is to contribute positively to the educational journey of these students, ensuring they have a conducive living environment while pursuing their academic goals.
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Impact
August, 2024
Agr Alpha Theta Educational Foundation Inc provides critical financial and housing support to undergraduate students, making a direct impact on their ability to access higher education. Through the provision of scholarship grants and educational loans, the organization helps alleviate the financial burden of pursuing a college degree. Additionally, by offering housing support, the foundation ensures that students have a stable and safe living environment conducive to academic success. The tangible assistance provided by Agr Alpha Theta Educational Foundation Inc plays a vital role in empowering students to achieve their educational goals and create a brighter future for themselves.
This information is meant to be a general summary of Agr Alpha Theta Educational 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 2022.
- Investment Income: $2,462
- Gross Receipts: $52,662
Assets and Liabilities:
- Total Assets: $123,251
- Total Liabilities: $0
- Net Assets: $123,251
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Organization Details
Founding Year
1997
Phone
(301) 674-3440Principal Officer
Tim Raver
Main Address
c/o TIM RAVER 37805 Crab Way Ln, Selbyville, DE, 19975
NTEE Category
Code: B90 - Education
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