Overview
What is Alternatives Inc?
Alternatives Inc, situated in Fort Monroe, Virginia, is a nonprofit organization dedicated to enhancing the social and emotional competence and leadership abilities of primary and secondary school students. Through their innovative Youth Community Service Programs, they employ a youth leadership model, providing opportunities for service both within and beyond school hours. The organization's mission is to inspire young individuals to recognize and actualize their inherent potential as valuable members of their community, while simultaneously encouraging adults to recognize this same potential. With a team of 28 dedicated individuals, Alternatives Inc strives to foster a sense of community and empowerment among its youth.
Official website here: www.altinc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating.
Alternatives Inc has achieved a remarkable score of 96%, which signifies a high level of accountability and financial health. This rating is based solely on their performance in Accountability & Finance, demonstrating a strong commitment to transparency and responsible management of resources. Their robust practices reflect an exemplary governance structure, with a fully independent board composed of 14 members, ensuring no conflicts of interest.
The organization has consistently displayed financial integrity, evidenced by a low liabilities-to-assets ratio of 16.47%, indicating strong fiscal stability. Additionally, they allocate a substantial 86.04% of their expenses directly to programs, ensuring that the majority of their funding effectively supports their mission. The presence of comprehensive policies regarding conflict of interest, whistleblower protections, and document retention further enhances their credibility in managing donor funds and organizational operations.
While the data highlights significant strengths, the overview does not mention any specific limitations or areas for improvement. Overall, Alternatives Inc presents itself as a highly trustworthy nonprofit focused on effective governance and programmatic impact.
This AI summary has been generated from information found on Charity Navigator.
Is Alternatives Inc legitimate?
Alternatives Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Alternatives 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: $88,835
Professional Fundraising Fees: $0
Other Salaries and Wages: $583,125
For more financial information, click here
Official website here: www.altinc.org
What is the mission statement of Alternatives Inc?
Alternatives Inc's mission is centered around inspiring young people to recognize and utilize their inherent potential, positioning them as valuable contributors to their community. This mission extends to adults as well, encouraging them to acknowledge and appreciate this same potential in others. Through youth community service programs, Alternatives Inc employs a leadership model to enhance the social, emotional competence and leadership abilities of primary and secondary school students, providing them with opportunities for service both within and beyond school hours.
Official website here: www.altinc.org
Who is the CEO of Alternatives Inc?
Karen Owens is the President of Alternatives Inc.
Official website here: www.altinc.org
What is the revenue of Alternatives Inc?
Alternatives Inc's revenue in 2022 was $1,215,228.
Official website here: www.altinc.org
Who are the executives of Alternatives Inc and what are their salaries?
The average compensation at Alternatives Inc during 2022 was $23,999. There are 28 employees at Alternatives Inc.
Here are 14 key members and their salaries:
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- Compensation: $76,741
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- Other: $7,131
Official website here: www.altinc.org
Where can I find the form 990 for Alternatives Inc?
Alternatives Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.altinc.org
Learn more at the official website: www.altinc.org
Mission Statement of Alternatives Inc
Alternatives Inc, as an organization, is dedicated to inspiring young individuals and adults to recognize and fulfill their inherent potential as valuable members of the community. Its mission revolves around empowering young people by enhancing their social and emotional competence and leadership abilities. Alternatives Inc employs a youth leadership model to provide ample opportunities for service and leadership development for primary and secondary school students, both within and beyond school hours. The aim is to instill a sense of responsibility and value in these young individuals, thereby encouraging them to contribute positively to their communities.
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Impact
July, 2024
Alternatives Inc's impact lies in inspiring young people to recognize their inherent potential as valued members of the community. By offering youth community service programs that focus on developing social and emotional competence, leadership abilities, and opportunities for service, Alternatives empowers primary and secondary school students in Fort Monroe, VA, both during school hours and out-of-school time. Through their youth leadership model, Alternatives actively works to shape the next generation of community-minded and competent individuals who can contribute positively to society.
This information is meant to be a general summary of Alternatives 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: $266
- Program Service Revenue: $1,153,638
- Gross Receipts: $1,215,228
Assets and Liabilities:
- Total Assets: $797,711
- Total Liabilities: $59,832
- Net Assets: $737,879
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CLIENT SERVICE FEE- GO
Revenue
$1,058,380
CLIENT SERVICE FEE- NO
Revenue
$95,258
Organization Details
Founding Year
1973
Phone
(757) 838-2330Principal Officer
Karen Owens
Main Address
359 FENWICK ROAD, FORT MONROE, VA, 236511054
Website
www.altinc.orgNTEE Category
Code: P46Z - Human services
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