Overview
What is Academic Empowerment Foundation Inc?
Academic Empowerment Foundation Inc is a nonprofit organization that focuses on empowering college-bound students. They offer a variety of educational opportunities, such as campus visits, organized bus trips, and financial aid workshops. Additionally, they sponsor SAT preparation classes and strategy forums to help students excel in standardized tests. The foundation's main mission is to provide a platform for networking and connecting these students with potential resources and opportunities for higher education.
Official website here: www.academicempowermentfoundation@gmail.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 50% (One-Star out of Four Stars)
The Academic Empowerment Foundation Inc has received a low rating of 50%, indicating concerns regarding its accountability and financial practices. The organization lacks independent board members, which raises questions about governance and oversight. While it has no material diversion of assets, the absence of essential policies and documentation related to conflicts of interest, whistleblower protections, and board meeting minutes reflects significant deficiencies in its operational protocols.
On a positive note, the foundation has a perfect program expense ratio of 100%, suggesting that all of its funds are directed towards its programs. This may indicate a commitment to its mission and a focus on delivering services. However, the lack of financial transparency and missing critical governance documents could undermine the trust of potential donors and stakeholders.
Overall, while the foundation demonstrates strong programmatic engagement, its governance issues and lack of transparency in financial practices could limit its effectiveness and credibility. Potential donors should consider these factors carefully before contributing.
This AI summary has been generated from information found on Charity Navigator.
Is Academic Empowerment Foundation Inc legitimate?
Academic Empowerment Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Academic Empowerment 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: $0
Other Salaries and Wages: $0
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Official website here: www.academicempowermentfoundation@gmail.com
What is the mission statement of Academic Empowerment Foundation Inc?
The Academic Empowerment Foundation Inc's mission is centered around offering networking opportunities for college-bound students. They accomplish this by providing educational opportunities through campus visits, organizing bus trips, conducting financial aid workshops, and offering SAT preparation classes and strategic forums. The foundation aims to empower these students, helping them navigate the complexities of college applications and financial aid.
Official website here: www.academicempowermentfoundation@gmail.com
Who is the CEO of Academic Empowerment Foundation Inc?
Lynett Belton is the Vice President of Academic Empowerment Foundation Inc.
Official website here: www.academicempowermentfoundation@gmail.com
What is the revenue of Academic Empowerment Foundation Inc?
Academic Empowerment Foundation Inc's revenue in 2021 was $15,930.
Official website here: www.academicempowermentfoundation@gmail.com
Who are the executives of Academic Empowerment Foundation Inc and what are their salaries?
Here are 6 key members and their salaries:
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Official website here: www.academicempowermentfoundation@gmail.com
Where can I find the form 990 for Academic Empowerment Foundation Inc?
Academic Empowerment Foundation Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.academicempowermentfoundation@gmail.com
Learn more at the official website: www.academicempowermentfoundation@gmail.com
Mission Statement of Academic Empowerment Foundation Inc
The Academic Empowerment Foundation Inc is committed to providing a network of opportunities for college-bound students. Their mission is twofold: firstly, they offer educational experiences through campus visits and organized bus trips. This allows students to explore potential colleges and universities, gaining a firsthand understanding of their academic and social environments. Secondly, the foundation conducts financial aid workshops and SAT preparation classes. These sessions equip students with vital information and strategies, helping them navigate the complex process of securing financial aid and excelling in standardized tests. Furthermore, the Academic Empowerment Foundation Inc hosts SAT strategy forums, offering a platform for students to share insights and learn from each other's experiences. In essence, the organization's mission is to open doors for college-bound students, providing them with valuable resources and experiences that can shape their academic futures.
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Impact
August, 2024
Academic Empowerment Foundation Inc provides educational opportunities for college-bound students through campus visitations, bus trips, financial aid workshops, SAT prep classes, and SAT strategy forums. Their mission is to provide networking opportunities for these students. The impact of Academic Empowerment Foundation Inc is seen in the increased access to resources and support for students seeking to further their education and achieve their academic goals.
This information is meant to be a general summary of Academic Empowerment 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 2021.
- Program Service Revenue: $5,498
- Gross Receipts: $15,930
Assets and Liabilities:
- Total Assets: $24,290
- Total Liabilities: $0
- Net Assets: $24,290
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Public Support
Revenue
$5,498
Organization Details
Founding Year
2005
Phone
(301) 437-7411Principal Officer
Lynett Belton
Main Address
PO Box 824, Upper Marlboro, MD, 20772
NTEE Category
Code: B82 - Education
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