Overview
What is A-F Kappa Schlarship Endowment Fund Inc?
A-F Kappa Scholarship Endowment Fund Inc is a nonprofit organization committed to supporting at-risk students in Northern Virginia. By providing scholarships, grants, and financial assistance, they aim to promote youth development and encourage these students to pursue a college education. Their mission extends beyond financial aid, as they also offer support to individuals and organizations with youth educational and general welfare goals within the Northern Virginia community.
Official website here: www.afksef.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95%, Four-Star out of Four Star rating
The A-F Kappa Scholarship Endowment Fund Inc has achieved an impressive 95% score from Charity Navigator, reflecting strong accountability and financial health. This rating is derived solely from the organization's accountability and finance practices, indicating a robust governance structure and transparency in operations.
The organization boasts a fully independent board with 15 members, contributing to its high scores in governance metrics. It has established effective conflict of interest and whistleblower policies, along with transparent document retention practices. Furthermore, the charity shows no material diversion of assets, reinforcing its commitment to ethical management and fiduciary responsibility.
Despite its strengths, there is room for improvement in the program expense ratio, which stands at 67.95%. While this is a solid figure, it suggests that a portion of the funds could potentially be allocated more effectively towards direct program services. Overall, A-F Kappa Scholarship Endowment Fund Inc exemplifies strong governance and financial prudence, making it a commendable choice for donors seeking to support impactful scholarship initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is A-F Kappa Schlarship Endowment Fund Inc legitimate?
A-F Kappa Schlarship Endowment Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. A-F Kappa Schlarship Endowment Fund 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.
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Official website here: www.afksef.org
What is the mission statement of A-F Kappa Schlarship Endowment Fund Inc?
The A-F Kappa Scholarship Endowment Fund Inc's mission is centered around providing scholarships, grants, and financial assistance to support the educational and general welfare goals of youth in the community of Northern Virginia. Their primary focus is on at-risk students, encouraging them to pursue a college education. The organization sponsors various scholarships and grants to promote youth development and contribute financially to initiatives that further this cause.
Official website here: www.afksef.org
Who is the CEO of A-F Kappa Schlarship Endowment Fund Inc?
Ronaldo T Nicholson is the Principal Officer of A-F Kappa Schlarship Endowment Fund Inc.
Official website here: www.afksef.org
What is the revenue of A-F Kappa Schlarship Endowment Fund Inc?
A-F Kappa Schlarship Endowment Fund Inc's revenue in 2021 was $195,967.
Official website here: www.afksef.org
Who are the executives of A-F Kappa Schlarship Endowment Fund Inc and what are their salaries?
There 50 volunteers at A-F Kappa Schlarship Endowment Fund Inc.
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Official website here: www.afksef.org
Where can I find the form 990 for A-F Kappa Schlarship Endowment Fund Inc?
A-F Kappa Schlarship Endowment Fund Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.afksef.org
Learn more at the official website: www.afksef.org
Mission Statement of A-F Kappa Schlarship Endowment Fund Inc
A-F Kappa Scholarship Endowment Fund Inc is committed to providing scholarships, grants, and financial assistance to support the educational and general welfare goals of youth within the Northern Virginia community. The organization's mission primarily aims to encourage and empower at-risk students, helping them pursue a college education. By offering financial aid, A-F Kappa Scholarship Endowment Fund Inc contributes to the promotion of youth development, investing in the future of these individuals and thereby enriching the community as a whole. The nonprofit's activities are geared towards sponsoring scholarships, grants, and other financial assistance, with the ultimate goal of fostering educational opportunities and fostering growth among at-risk students.
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Impact
October, 2024
The A-F Kappa Scholarship Endowment Fund Inc plays a vital role in enhancing educational opportunities for youth in the Northern Virginia community. By providing scholarships, grants, and financial support, the organization focuses on promoting youth development and encouraging primarily at-risk students to pursue higher education.
This initiative not only alleviates the financial burden of college expenses but also inspires students to strive for academic excellence and personal growth. The impact extends beyond individual recipients, as fostering a well-educated youth population contributes to the overall welfare of the community. Through its efforts, the organization helps to create pathways for success, empowering students to achieve their educational and career aspirations.
This information is meant to be a general summary of A-F Kappa Schlarship Endowment Fund 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.
- Investment Income: $11,783
- Gross Receipts: $211,672
Assets and Liabilities:
- Total Assets: $523,200
- Total Liabilities: $33,090
- Net Assets: $490,110
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Organization Details
Founding Year
1990
Phone
(703) 765-6343Principal Officer
Ronaldo T Nicholson
Main Address
6343 SOUTH KINGS HIGHWAY, ALEXANDRIA, VA, 22306
Website
www.afksef.orgNTEE Category
Code: B82Z - Education
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