Overview
What is Florida A & M University National Alumni Association Inc?
Florida A & M University National Alumni Association Inc is a nonprofit organization situated in Tallahassee, Florida. Their primary mission is to support Florida A & M University financially, enhancing its reputation and ensuring its longevity. They achieve this by providing direct financial aid, such as scholarships, and serving as a bridge between the national alumni association and the university. The association's activities primarily focus on contributing to the university's educational objectives.
Official website here: www.famunaa.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating. This rating reflects a moderate level of accountability and financial health for the Florida A & M University National Alumni Association Inc.
The organization showcases strengths in governance, with a fully independent board and no material diversion of assets. Furthermore, it demonstrates a strong focus on program expenses, with 91.69% of its expenditures directed towards programs, indicating a commitment to its mission and community impact.
However, the organization faces notable weaknesses, particularly in transparency and policy documentation. Missing financial statements and essential policies such as a whistleblower policy and document retention policy have contributed to its lower rating. Additionally, the absence of tax forms on its website signifies gaps in financial reporting that could affect stakeholder trust.
This AI summary has been generated from information found on Charity Navigator.
Is Florida A & M University National Alumni Association Inc legitimate?
Florida A & M University National Alumni Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Florida A & M University National Alumni 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.
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Official website here: www.famunaa.org
What is the mission statement of Florida A & M University National Alumni Association Inc?
The Florida A & M University National Alumni Association Inc's mission is centered around providing direct support, primarily in the form of scholarships, to ensure the continued existence and enhance the reputation of Florida A & M University. Additionally, the association aims to foster a strong connection between itself and the university, acting as a bridge between the two entities. This support is primarily achieved through financial contributions towards educational purposes.
Official website here: www.famunaa.org
Who is the CEO of Florida A & M University National Alumni Association Inc?
Gregory L Clark is the President of Florida A & M University National Alumni Association Inc.
Official website here: www.famunaa.org
What is the revenue of Florida A & M University National Alumni Association Inc?
Florida A & M University National Alumni Association Inc's revenue in 2022 was $1,234,088.
Official website here: www.famunaa.org
Who are the executives of Florida A & M University National Alumni Association Inc and what are their salaries?
Here are 8 key members and their salaries:
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Official website here: www.famunaa.org
Where can I find the form 990 for Florida A & M University National Alumni Association Inc?
Florida A & M University National Alumni Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.famunaa.org
Learn more at the official website: www.famunaa.org
Mission Statement of Florida A & M University National Alumni Association Inc
Florida A&M University National Alumni Association Inc is dedicated to providing direct support and fostering scholarships for the continued existence and enhancement of Florida A&M University. Their mission extends beyond financial aid, aiming to establish a strong connection between the National Alumni Association and the university itself. This association serves as a vital link, ensuring the university's longevity and positive reputation while fostering a sense of unity and shared purpose among its alumni. By making contributions towards educational purposes, Florida A&M University National Alumni Association Inc plays a significant role in supporting the university's growth and development.
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Impact
July, 2024
Florida A & M University National Alumni Association Inc's impact lies in providing direct support to foster scholarships, enhance the image, and ensure the continued existence of Florida A & M University. By contributing funds for educational purposes, the association plays a crucial role in supporting the academic pursuits of students and maintaining the reputation of the university. Additionally, the association serves as a vital link between the national alumni network and Florida A&M University, fostering a sense of community and engagement among alumni and current students. Through its efforts, the association actively promotes education and the mission of the university, making a significant impact on the educational landscape in Tallahassee, Florida.
This information is meant to be a general summary of Florida A & M University National Alumni 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 2022.
- Program Service Revenue: $64,762
- Gross Receipts: $1,234,088
Assets and Liabilities:
- Total Assets: $2,980,396
- Total Liabilities: $386,219
- Net Assets: $2,594,177
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
REGISTRATION AND ADVERTISING
Revenue
$64,762
Organization Details
Founding Year
1901
Phone
(850) 599-3861Principal Officer
Gregory L Clark
Main Address
PO BOX 7351, TALLAHASSEE, FL, 32314
Website
www.famunaa.orgNTEE Category
Code: B84 - Education
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