Overview
What is Asf Foundation Inc?
Asf Foundation Inc, headquartered in Montgomery, Alabama, is a nonprofit organization dedicated to organizing and facilitating the State Games, an event encompassing the Adapted State Games and the Senior State Games. The primary aim of these games is to encourage academic excellence, foster good citizenship skills, and promote a healthy lifestyle among both youth and senior populations. With a team of eight dedicated individuals, Asf Foundation Inc plays a significant role in coordinating and planning these games, contributing positively to its community.
Official website here: www.asffoundation.net
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement). The Asf Foundation Inc has received a score of 67%, indicating some areas of strength but significant room for improvement in terms of accountability and finance. The organization boasts a majority independent board with 77% of members being independent, which reflects positively on its governance structure.
However, the foundation struggles in key financial areas, as it has not provided financial statements, resulting in a score of 0 out of 15 points in that category. While it has a low liabilities to assets ratio of 15.07%, indicating good financial health, its program expense ratio of 59.07% suggests that a larger portion of expenses may not be directly supporting its programs.
Despite the noted limitations, Asf Foundation Inc has implemented several strong governance policies, including conflict of interest and whistleblower policies, which contribute to its overall accountability. While the foundation demonstrates some positive aspects, stakeholders might consider these financial shortcomings before making contributions.
This AI summary has been generated from information found on Charity Navigator.
Is Asf Foundation Inc legitimate?
Asf Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Asf 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: $112,450
Professional Fundraising Fees: $61,215
Other Salaries and Wages: $248,245
For more financial information, click here
Official website here: www.asffoundation.net
What is the mission statement of Asf Foundation Inc?
The Asf Foundation Inc's mission is centered around promoting academic excellence, good citizenship skills, and fostering healthy lifestyles for both youth and seniors. They accomplish this mission by organizing and coordinating events such as the Amateur State Games, the Adapted State Games, and the Senior State Games. These events serve as platforms to encourage personal growth, teamwork, and overall well-being in the participants.
Official website here: www.asffoundation.net
Who is the CEO of Asf Foundation Inc?
Ronald J Creel Sr is the President An of Asf Foundation Inc.
Official website here: www.asffoundation.net
What is the revenue of Asf Foundation Inc?
Asf Foundation Inc's revenue in 2022 was $1,048,143.
Official website here: www.asffoundation.net
Who are the executives of Asf Foundation Inc and what are their salaries?
The average compensation at Asf Foundation Inc during 2022 was $45,087. There are 8 employees and 250 volunteers at Asf Foundation Inc.
Here are 9 key members and their salaries:
- Compensation: $95,212
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- Other: $17,238
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- Other: $0
Official website here: www.asffoundation.net
Where can I find the form 990 for Asf Foundation Inc?
Asf Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.asffoundation.net
Learn more at the official website: www.asffoundation.net
Mission Statement of Asf Foundation Inc
The Asf Foundation Inc, in its mission, focuses on promoting academic excellence, fostering good citizenship skills, and encouraging healthy lifestyles among both youth and seniors. This nonprofit organization achieves this by hosting, planning, and coordinating various events. Among these events are the Amateur State Games, the Adapted State Games, and the Senior State Games. These games provide a platform for individuals to engage in healthy competition, fostering a sense of camaraderie and team spirit. The Amateur State Games are open to all ages, while the Adapted State Games cater to individuals with disabilities, promoting inclusivity and equality. The Senior State Games, on the other hand, cater specifically to seniors, encouraging them to maintain an active lifestyle and stay engaged in their communities. Through these events, the Asf Foundation Inc plays a significant role in motivating and inspiring individuals to lead balanced and fulfilling lives.
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Impact
July, 2024
Asf Foundation Inc has a significant impact in promoting academic excellence, good citizenship skills, and healthy lifestyles for youth and seniors through its State Games. By hosting, planning, and coordinating the ASF Foundation Amateur State Games, the Adapted State Games, and the Senior State Games, Asf Foundation Inc positively influences the lives of individuals in Montgomery, AL. Through these activities, the organization strives to encourage active participation in recreational events that foster personal development and community engagement.
This information is meant to be a general summary of Asf 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: $2,080
- Program Service Revenue: $50,036
- Gross Receipts: $1,048,143
Assets and Liabilities:
- Total Assets: $608,138
- Total Liabilities: $98,255
- Net Assets: $509,883
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
REGISTRATION FEES
Revenue
$50,036
Organization Details
Founding Year
1982
Phone
(334) 280-0065Principal Officer
Ronald J Creel Sr
Main Address
PO BOX 20117, MONTGOMERY, AL, 361200117
Website
www.asffoundation.netNTEE Category
Code: N70 - Recreation
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