Overview
What is Alpha Omicron Pi Foundation?
The Alpha Omicron Pi Foundation, located in Brentwood, Tennessee, is a nonprofit organization with a mission to empower its members by investing in innovative leadership, educational, and philanthropic causes. They achieve this goal by awarding grants for arthritis research and education. The foundation's activities extend beyond financial support, encouraging a lifetime of giving and contribution. With a team of five dedicated individuals, the Alpha Omicron Pi Foundation strives to advance knowledge in the field of arthritis and rheumatoid diseases.
Official website here: www.aoiifoundation.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 97%, Four-Star out of Four Star rating.
The Alpha Omicron Pi Foundation has achieved a remarkable Four-Star rating from Charity Navigator, reflecting its high level of accountability and financial management. The foundation received a perfect score in various categories, indicating a strong commitment to transparency and ethical practices. With 100% of its board members being independent and a robust financial oversight committee in place, the organization demonstrates excellent governance.
Financially, the foundation shows a solid performance with a program expense ratio of 71.56%, meaning a significant portion of its funds directly supports its programs. Additionally, the fundraising efficiency ratio of $0.18 suggests that it effectively manages its fundraising efforts, keeping costs low in relation to the funds raised. The organization's liabilities to assets ratio stands at a healthy 13.76%, indicating good financial stability.
While the data highlights many strengths, it is essential for potential donors and supporters to consider ongoing performance and outcomes related to the foundation's programs. Overall, the Alpha Omicron Pi Foundation exemplifies strong financial health and accountability, making it a trustworthy organization for contributions.
This AI summary has been generated from information found on Charity Navigator.
Is Alpha Omicron Pi Foundation legitimate?
Alpha Omicron Pi Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Alpha Omicron Pi Foundation 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: $180,953
Professional Fundraising Fees: $50,000
Other Salaries and Wages: $169,994
For more financial information, click here
Official website here: www.aoiifoundation.org
What is the mission statement of Alpha Omicron Pi Foundation?
The Alpha Omicron Pi Foundation's mission is to invest in its sisters and inspire a lifetime of giving towards innovative leadership, educational, and philanthropic causes. Through its activities, the foundation aims to support its members in making significant contributions to various fields. One of their key areas of focus is arthritis research and education, where they provide grants for pure or applied research related to arthritis and rheumatoid diseases. Additionally, they sponsor the Arthritis Foundation, furthering their commitment to this cause.
Official website here: www.aoiifoundation.org
Who is the CEO of Alpha Omicron Pi Foundation?
Ashley Byrd is the President of Alpha Omicron Pi Foundation.
Official website here: www.aoiifoundation.org
What is the revenue of Alpha Omicron Pi Foundation?
Alpha Omicron Pi Foundation's revenue in 2023 was $2,500,147.
Official website here: www.aoiifoundation.org
Who are the executives of Alpha Omicron Pi Foundation and what are their salaries?
The average compensation at Alpha Omicron Pi Foundation during 2023 was $70,189. There are 5 employees and 65 volunteers at Alpha Omicron Pi Foundation.
Here are 9 key members and their salaries:
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- Compensation: $158,627
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- Other: $15,789
Official website here: www.aoiifoundation.org
Where can I find the form 990 for Alpha Omicron Pi Foundation?
Alpha Omicron Pi Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.aoiifoundation.org
Learn more at the official website: www.aoiifoundation.org
Mission Statement of Alpha Omicron Pi Foundation
The Alpha Omicron Pi Foundation is committed to investing in its sisterhood and inspiring a lifetime of giving to innovative leadership, educational, and philanthropic causes. By embracing this mission, the organization aims to empower its members to make a significant impact in various fields. A key aspect of their work involves funding arthritis research and education through the awarding of grants for pure or applied research related to arthritis and rheumatoid diseases. Additionally, the Alpha Omicron Pi Foundation supports the Arthritis Foundation through sponsorship, furthering their commitment to this cause.
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Impact
July, 2024
The Alpha Omicron Pi Foundation's impact is significant, as it invests in its sisters and inspires a lifetime of giving to innovative leadership, educational, and philanthropic causes. Specifically, the foundation supports arthritis research and education through grants awarded for pure or applied research in a field related to arthritis and/or rheumatoid diseases. Additionally, the foundation sponsors the Arthritis Foundation, contributing to the advancement of medical research in this vital area. Through its initiatives, the Alpha Omicron Pi Foundation not only furthers medical research but also encourages a culture of giving and support among its members.
This information is meant to be a general summary of Alpha Omicron Pi Foundation. 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 2023.
- Investment Income: $278,096
- Gross Receipts: $3,454,887
Assets and Liabilities:
- Total Assets: $12,663,765
- Total Liabilities: $1,742,564
- Net Assets: $10,921,201
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Organization Details
Founding Year
1978
Phone
(615) 370-0920Principal Officer
Ashley Byrd
Main Address
5390 VIRGINIA WAY, BRENTWOOD, TN, 37027
Website
www.aoiifoundation.orgNTEE Category
Code: H51J - Medical research
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