Overview
What is Alliance Center For Education Inc?
Alliance Center for Education Inc., abbreviated as AC4ED, is a compassionate nonprofit organization based in Charlotte, North Carolina. With a vision to ensure that a family's income does not dictate a child's future, their mission is to provide high-quality education and support to children in need, in partnership with their families. The organization operates an early childhood program, modeled after the successful Head Start approach, offering a comprehensive range of services, including education, home visits, and health support for expectant mothers and children from birth to 5 years old. Their holistic approach fosters early learning, development, and family well-being, paving the way for a brighter future. Through strategic partnerships and commitment, AC4ED has achieved transformative outcomes in the lives of numerous children and families. Funded by federal grants from Head Start, Early Head Start, and municipal grants from Meck Pre-K and NC Pre-K, the education programs are offered at no cost to eligible children and families.
Official website here: www.ac4ed.org
What are the reviews and ratings of this charity?
**Charity Navigator Rating: 86% (Three-Star out of Four Stars)**
Alliance Center for Education Inc has received a Three-Star rating from Charity Navigator, indicating that it meets reasonable standards for accountability and financial health. With a strong score of 93% in Accountability & Finance, the organization showcases solid governance and financial practices. However, there is a notable gap in the Culture & Community score, which stands at only 7%, reflecting potential challenges in engagement and community impact.
The organization excels in key governance areas, demonstrated by its fully independent board of 16 members, as well as having established policies for conflicts of interest and whistleblower protections. Moreover, the program expense ratio is impressive at nearly 85%, suggesting that the majority of funds are directed towards its mission-related activities. Nonetheless, the lack of recent financial statements may raise concerns among donors regarding transparency.
Unfortunately, user feedback from GreatNonprofits is not available for this organization, limiting insights into the community's perspective. Overall, while the Alliance Center for Education Inc shows strong organizational performance in governance and programmatic spending, areas of community engagement and transparency could benefit from further development.
This AI summary has been generated from information found on Charity Navigator.
Is Alliance Center For Education Inc legitimate?
Alliance Center For Education Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Alliance Center For Education 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: $6,009,549
For more financial information, click here
Official website here: www.ac4ed.org
What is the mission statement of Alliance Center For Education Inc?
The Alliance Center for Education Inc. is dedicated to providing high-quality education and support for children in need, in collaboration with their families. Their mission is to positively impact the future of at-risk children by improving economic mobility through education. They firmly believe that education serves as a potent catalyst for breaking the cycle of poverty. By investing in family engagement and offering holistic support, they aim to pave the way for a brighter future, where every child can reach their full potential. They are committed to building a bridge to success, one family at a time, through their cost-free programs. To ensure targeted impact, they employ a meticulous recruitment, selection, and enrollment process, reaching the populations in greatest need of their services. Upon enrollment, each family receives personalized support from the dedicated team members, working together to set ambitious student and family goals, leaving no stone unturned.
Official website here: www.ac4ed.org
Who is the CEO of Alliance Center For Education Inc?
Jared Keaton is the Ceo of Alliance Center For Education Inc. The CEO's salary of Alliance Center For Education Inc is $101,041 and their total compensation is $101,041.
Official website here: www.ac4ed.org
What is the revenue of Alliance Center For Education Inc?
Alliance Center For Education Inc's revenue in 2022 was $9,656,987.
Official website here: www.ac4ed.org
Who are the executives of Alliance Center For Education Inc and what are their salaries?
The average compensation at Alliance Center For Education Inc during 2022 was $43,234. There are 139 employees and 245 volunteers at Alliance Center For Education Inc.
Here are 19 key members and their salaries (Alliance Center For Education Inc's CEO's salary is $101,041 and their total compensation is $101,041):
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- Compensation: $101,041
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Official website here: www.ac4ed.org
Where can I find the form 990 for Alliance Center For Education Inc?
Alliance Center For Education Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ac4ed.org
Learn more at the official website: www.ac4ed.org
Mission Statement of Alliance Center For Education Inc
Alliance Center for Education Inc is committed to providing high-quality education and support for children in need, partnering with their families. This nonprofit organization believes in the transformative power of education as a catalyst for breaking the cycle of poverty. Their vision is to positively impact the future of children at risk by enhancing economic mobility through education. By investing in family engagement and offering holistic support, Alliance Center for Education Inc is paving the way for a brighter future, where every child has the opportunity to reach their full potential. They believe in building a bridge to success, one family at a time.
Their programs serve as a beacon of hope for eligible children and families, providing no-cost education and support. Alliance Center for Education Inc employs a meticulous recruitment, selection, and enrollment process, ensuring their services reach the populations in greatest need. Upon enrollment, each family receives personalized support from the dedicated team members. Together, they set ambitious student and family goals, leaving no stone unturned in their quest for success. Alliance Center for Education Inc's mission is not just about education; it's about creating a brighter future for children and their families, one family at a time.
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Impact
July, 2024
The Alliance Center For Education Inc positively impacts children in need by providing high-quality education and support through partnerships with their families. Their mission is to improve economic mobility through education, firmly believing that education is a powerful catalyst for breaking the cycle of poverty. By investing in family engagement and offering holistic support, they are paving the way for a brighter future where every child has the opportunity to reach their full potential. Through strategic partnerships and commitment, they have witnessed transformative outcomes in the lives of countless children and families. Their early childhood education programs, funded by federal and municipal grants, offer a comprehensive range of services from education to home visitation for expectant mothers and children aged birth to 5. This holistic approach fosters early learning and development, health, and family well-being, creating a pathway for a brighter future.
This information is meant to be a general summary of Alliance Center For Education 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: $776
- Program Service Revenue: $172,575
- Gross Receipts: $9,656,987
Assets and Liabilities:
- Total Assets: $4,956,730
- Total Liabilities: $1,785,908
- Net Assets: $3,170,822
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FUNDRAISING
Revenue
$172,575
Organization Details
Founding Year
1965
Phone
(704) 371-7447Principal Officer
Jared Keaton
Main Address
700 PARKWOOD AVENUE, CHARLOTTE, NC, 28205
Website
www.ac4ed.orgNTEE Category
Code: B20 - Education
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