Overview
What is Appalachian College Association Inc?
Appalachian College Association Inc, established in 1993, is a nonprofit organization situated in Lexington, Kentucky. Its primary mission is to cater to the educational and economic needs of the Central Appalachian region by enhancing higher education services. The association, comprising 35 independent liberal arts institutions, works towards providing expanded learning opportunities for faculty, staff, and students. The ACA Bowen Central Library of Appalachia, a collaborative venture with member institutions, offers economical access to top-notch electronic library resources, thereby aiding in enhanced learning outcomes. As of now, the organization employs a team of eight individuals.
Official website here: www.acaweb.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
The Appalachian College Association Inc has achieved a 96% rating, indicating strong performance in accountability and finance. The organization boasts an independent board and effective financial oversight mechanisms, demonstrating a commitment to transparency and responsible management of resources. With a program expense ratio of over 85%, a significant portion of their funds is directed toward their mission of supporting colleges and faculty in central Appalachia.
However, user feedback suggests some concerns regarding the allocation of resources and priorities. A review highlighted that the organization has reduced opportunities for students and faculty, such as year-long fellowships, while increasing financial benefits for its employees and administrators. This has raised questions about the organization's focus and its ability to serve its intended beneficiaries effectively.
Overall, while the Appalachian College Association Inc shows strong financial health and governance, stakeholder feedback indicates potential misalignment between its operational decisions and the needs of the community it aims to serve.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Appalachian College Association Inc legitimate?
Appalachian College Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Appalachian College Association 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: $280,076
Professional Fundraising Fees: $0
Other Salaries and Wages: $325,952
For more financial information, click here
Official website here: www.acaweb.org
What is the mission statement of Appalachian College Association Inc?
The Appalachian College Association Inc, established in 1993, is an organization comprising 35 independent liberal arts institutions. Its primary mission is to enhance and provide higher education opportunities for faculty, staff, and students, aiming to contribute to the educational and economic prosperity of the Central Appalachian region. The association operates through collaborative efforts, such as the ACA Bowen Central Library of Appalachia, which partners with member institutions to make top-tier electronic library resources accessible to students, faculty, and staff, thereby facilitating optimal learning outcomes.
Official website here: www.acaweb.org
What is the revenue of Appalachian College Association Inc?
Appalachian College Association Inc's revenue in 2024 was $5,086,965.
Official website here: www.acaweb.org
Who are the executives of Appalachian College Association Inc and what are their salaries?
The average compensation at Appalachian College Association Inc during 2024 was $60,603. There are 10 employees and 65 volunteers at Appalachian College Association Inc.
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Official website here: www.acaweb.org
Where can I find the form 990 for Appalachian College Association Inc?
Appalachian College Association Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.acaweb.org
Learn more at the official website: www.acaweb.org
Mission Statement of Appalachian College Association Inc
The Appalachian College Association Inc, established in 1993, serves primarily the population of the Central Appalachian region by enhancing and providing higher education and related services. As an organization of 35 independent liberal arts colleges, its mission is to offer expanded and improved learning opportunities for the faculty, staff, and students, ultimately contributing to the educational and economic growth of the Central Appalachian community.
To achieve this goal, the Appalachian College Association Inc collaborates with its member institutions to make high-quality electronic library information resources accessible to all students, faculty, and staff. This shared library, known as the ACA Bowen Central Library of Appalachia, aims to assist individuals in reaching their full learning potential. By pooling resources and collaborating, the Association ensures that each member has access to the best library resources available, thereby enabling them to deliver top-notch education and research. This collective approach to library services not only benefits the institutions themselves but also contributes to the overall educational development of the Central Appalachian region.
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Impact
July, 2024
The Appalachian College Association Inc, through its mission of providing expanded and enhanced learning opportunities to faculty, staff, and students in Central Appalachia, has a significant impact on the educational and economic wellbeing of the region. By partnering with 35 independent liberal arts higher education institutions, ACA is able to offer resources such as the ACA Bowen Central Library of Appalachia, which provides electronic library information to support learning outcomes for students, faculty, and staff. This collaborative approach not only strengthens academic programs but also contributes to the development and growth of Central Appalachia's communities.
This information is meant to be a general summary of Appalachian College Association 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 2024.
- Investment Income: $805,032
- Program Service Revenue: $3,189,627
- Gross Receipts: $5,086,965
Assets and Liabilities:
- Total Assets: $34,357,226
- Total Liabilities: $1,124,288
- Net Assets: $33,232,938
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Library Shared Catalog
Revenue
$3,087,852
Professional Development
Revenue
$101,775
Organization Details
Founding Year
1993
Principal Officer
Nancy E Rushing
Website
www.acaweb.orgNTEE Category
Code: B99Z - Education
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