Overview
What is Arcs Foundation Inc Atlanta Chapter?
Arcs Foundation Inc Atlanta Chapter is a nonprofit organization located in Atlanta, Georgia, with a postal address of PO Box 52124. Their primary mission is to advance science and technology in the United States by providing financial awards to academically exceptional U.S. citizens pursuing degrees in science, engineering, and medical research. They have demonstrated this commitment by granting 52 scholar awards to students from esteemed institutions such as the University of Georgia, Georgia Tech, Emory University, and Morehouse College.
Official website here: www.arcsfoundation.org/atlanta/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
The Arcs Foundation Inc Atlanta Chapter has achieved an impressive score of 96%, indicating a strong performance in both accountability and financial health. With a solid Accountability & Finance Score of 92 and a remarkable Impact & Measurement Score of 100, the organization demonstrates a commitment to transparency and effective use of funds. The program expense ratio is high at nearly 90%, reflecting a strong focus on programmatic spending over administrative costs.
The foundation boasts an entirely independent board of 35 members, contributing to its governance strength. Notably, there are no liabilities reported, indicating a stable financial position. Additionally, the organization's focus on impact is evident in its evaluation metrics, where it successfully increases scholarship recipients' income significantly, showcasing the tangible benefits of its programs.
While the organization's strengths are well highlighted, there are no major limitations noted in the data. The presence of comprehensive policies, such as conflict of interest and whistleblower policies, further underscores the foundation's commitment to ethical practices and accountability. Overall, Arcs Foundation Inc Atlanta Chapter stands out as a highly effective nonprofit with a proven track record in its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Arcs Foundation Inc Atlanta Chapter legitimate?
Arcs Foundation Inc Atlanta Chapter is a legitimate nonprofit organization registered as a 501(c)(3) entity. Arcs Foundation Inc Atlanta Chapter 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.arcsfoundation.org/atlanta/
What is the mission statement of Arcs Foundation Inc Atlanta Chapter?
The Arcs Foundation Inc, focusing on its Atlanta Chapter, advances science and technology in the United States by providing financial awards to academically outstanding U.S. citizens pursuing degrees in science, engineering, and medical research. The foundation's mission is to recognize and support these promising students, aiming to foster innovation and progress in these fields. In accomplishing this mission, the Arcs Foundation Atlanta Chapter has awarded scholarships to 52 student scientists attending universities such as the University of Georgia, Georgia Tech, Emory University, and Morehouse College.
Official website here: www.arcsfoundation.org/atlanta/
Who is the CEO of Arcs Foundation Inc Atlanta Chapter?
Leslie Zinkand Petter is the Principal Officer of Arcs Foundation Inc Atlanta Chapter.
Official website here: www.arcsfoundation.org/atlanta/
What is the revenue of Arcs Foundation Inc Atlanta Chapter?
Arcs Foundation Inc Atlanta Chapter's revenue in 2022 was $623,784.
Official website here: www.arcsfoundation.org/atlanta/
Who are the executives of Arcs Foundation Inc Atlanta Chapter and what are their salaries?
There 103 volunteers at Arcs Foundation Inc Atlanta Chapter.
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Official website here: www.arcsfoundation.org/atlanta/
Where can I find the form 990 for Arcs Foundation Inc Atlanta Chapter?
Arcs Foundation Inc Atlanta Chapter's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.arcsfoundation.org/atlanta/
Learn more at the official website: www.arcsfoundation.org/atlanta/
Mission Statement of Arcs Foundation Inc Atlanta Chapter
Arcs Foundation Inc Atlanta Chapter, in its mission, strives to advance science and technology in the United States. This is achieved by providing financial awards to academically exceptional U.S. citizens who are pursuing degrees in science, engineering, and medical research. By offering these scholarships, the foundation aims to support the next generation of scientists and researchers, thereby contributing to the progress of science and technology in the country. To date, Arcs Foundation Inc Atlanta Chapter has awarded 52 scholarships to students studying at esteemed institutions such as the University of Georgia, Georgia Tech, Emory University, and Morehouse College.
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Impact
July, 2024
Arcs Foundation Inc Atlanta Chapter has a significant impact on advancing science and technology in the United States by providing financial awards to academically outstanding U.S. citizens studying to complete degrees in science, engineering, and medical research. In the city of Atlanta, the organization has provided 52 scholar awards to student scientists from prestigious institutions such as the University of Georgia, Georgia Tech, Emory University, and Morehouse College. The support and recognition offered by Arcs Foundation Inc Atlanta Chapter contribute to the development of future leaders in these critical fields of study, ultimately benefiting the advancement of science and technology in the country.
This information is meant to be a general summary of Arcs Foundation Inc Atlanta Chapter. 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: $16,467
- Program Service Revenue: $132,081
- Gross Receipts: $769,633
Assets and Liabilities:
- Total Assets: $1,606,770
- Total Liabilities: $0
- Net Assets: $1,606,770
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$77,600
SPECIAL EVENTS
Revenue
$54,481
Organization Details
Founding Year
1990
Phone
(404) 347-1844Principal Officer
Leslie Zinkand Petter
Main Address
PO BOX 52124, ATLANTA, GA, 30355
NTEE Category
Code: B84Z - Education
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