Overview
What is Mobile Area Education Foundation Inc?
Mobile Area Education Foundation Inc is a nonprofit organization situated in Mobile, Alabama, specifically at 3725 Airport Blvd Suite 161. The primary focus of this organization is to enhance education within the local community and schools. They bring in external resources to target key areas such as student achievement, teacher and principal development, and parental involvement in education. Employing effective instructional methods, they strive to instill high academic standards and success for every student. To achieve this goal, the Foundation assembles a coalition of local citizens, public officials, and other stakeholders, collaborating to devise and implement education improvement plans for Mobile County. With a dedicated team of four employees, they are committed to making a significant impact on the educational landscape of their community.
Official website here: www.maef.net
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star Rating)
The Mobile Area Education Foundation Inc has received an 81% score from Charity Navigator, which translates to a Three-Star rating. This rating reflects a strong emphasis on Accountability & Finance, with this category accounting for the entire score. The organization demonstrates solid governance practices, boasting an independent board that is fully comprised of independent members, alongside comprehensive financial oversight mechanisms.
The foundation's financial health is commendable, with a program expense ratio of 86.20%, indicating that a significant portion of its funds is allocated towards its educational programs. Additionally, the organization has established robust policies regarding conflict of interest, whistleblower protections, and document retention, which contribute to its transparency and accountability.
However, the rating did highlight a concern regarding the organization's liabilities to assets ratio, which is at 76.53%. This suggests that the foundation may have higher liabilities compared to its assets, which could pose a risk to its financial stability in the long term. Overall, while the organization is performing well in many areas, this financial aspect warrants attention.
This AI summary has been generated from information found on Charity Navigator.
Is Mobile Area Education Foundation Inc legitimate?
Mobile Area Education Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mobile Area Education Foundation 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: $161,847
Professional Fundraising Fees: $0
Other Salaries and Wages: $197,984
For more financial information, click here
Official website here: www.maef.net
What is the mission statement of Mobile Area Education Foundation Inc?
The Mobile Area Education Foundation Inc aims to assemble a group of citizens, public officials, and interested parties to design and execute strategies for enhancing education in Mobile County. Their primary focus is on improving student achievement, providing professional development opportunities for teachers and principals, fostering parental involvement, and advocating for public education. To achieve these goals, they utilize effective instructional models that promote high standards and strive for academic excellence for all students.
Official website here: www.maef.net
Who is the CEO of Mobile Area Education Foundation Inc?
Carolyn Akers is the Executive Director of Mobile Area Education Foundation Inc.
Official website here: www.maef.net
What is the revenue of Mobile Area Education Foundation Inc?
Mobile Area Education Foundation Inc's revenue in 2022 was $460,889.
Official website here: www.maef.net
Who are the executives of Mobile Area Education Foundation Inc and what are their salaries?
The average compensation at Mobile Area Education Foundation Inc during 2022 was $89,958. There are 4 employees and 4175 volunteers at Mobile Area Education Foundation Inc.
Here are 14 key members and their salaries:
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Official website here: www.maef.net
Where can I find the form 990 for Mobile Area Education Foundation Inc?
Mobile Area Education Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.maef.net
Learn more at the official website: www.maef.net
Mission Statement of Mobile Area Education Foundation Inc
The Mobile Area Education Foundation Inc, with a focus on improving education in its community, strives to assemble a collective of citizens, public officials, and other interested parties. This coalition serves as a catalyst for formulating and implementing strategies aimed at enhancing educational standards in Mobile County. Through this collaborative approach, the Foundation brings external resources to local schools and communities, targeting areas such as student achievement, teacher and principal professional development, parental involvement, and public education. The Foundation leverages proven instructional models to foster high expectations and drive high achievement for every student.
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Impact
July, 2024
Mobile Area Education Foundation Inc's impact is focused on improving education in Mobile County by developing a coalition of citizens, public officials, and other interested parties to formulate and implement plans for student achievement. The organization brings outside resources into local schools and communities to focus on areas such as student achievement, professional development for teachers and principals, parental involvement, and public education. By using proven instructional models, the organization promotes high standards and high achievement for every child in Mobile, Alabama.
This information is meant to be a general summary of Mobile Area Education Foundation 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: $90
- Gross Receipts: $460,889
Assets and Liabilities:
- Total Assets: $306,262
- Total Liabilities: $80,602
- Net Assets: $225,660
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Organization Details
Founding Year
1992
Principal Officer
Carolyn Akers
Main Address
3725 Airport Blvd Suite 161, Mobile, AL, 36608
Website
www.maef.netNTEE Category
Code: Z99Z - Unknown
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