Overview
What is Educational Foundation Of The Al Society Of Cpas?
The Educational Foundation of the AL Society of CPAs is a nonprofit organization dedicated to fostering talented students in the accounting field. Their mission involves motivating qualified individuals to pursue accounting careers and offering financial aid in the form of scholarships to deserving students. By providing this financial assistance, the foundation aims to support outstanding students who might otherwise face financial barriers in entering the accounting profession.
Official website here: www.alabama.cpa
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Star rating)
The Educational Foundation of the Al Society of CPAs has received a 76% rating from Charity Navigator, indicating a moderate level of financial health and accountability. The score is derived entirely from its Accountability & Finance beacon, which highlights the organization's strong commitment to transparency in its financial practices.
Strengths of the foundation include a fully independent board with no material diversions of assets, as well as a favorable liabilities to assets ratio of 0.00%. The organization also shows a solid program expense ratio of 85.72%, meaning that a significant portion of its funds is directed toward its educational programs. However, there are some notable weaknesses, including the absence of a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, all of which contributed to lower scores in those areas.
Overall, while the Educational Foundation of the Al Society of CPAs demonstrates a strong commitment to financial responsibility, addressing the noted governance gaps could enhance its accountability and support further confidence among donors.
This AI summary has been generated from information found on Charity Navigator.
Is Educational Foundation Of The Al Society Of Cpas legitimate?
Educational Foundation Of The Al Society Of Cpas is a legitimate nonprofit organization registered as a 501(c)(3) entity. Educational Foundation Of The Al Society Of Cpas 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.alabama.cpa
What is the mission statement of Educational Foundation Of The Al Society Of Cpas?
The Educational Foundation of the AL Society of CPAs has a mission to motivate qualified students to pursue a career in accounting. This mission is accomplished by offering financial aid in the form of scholarships to exceptional students who demonstrate potential in this field. The foundation aims to foster the growth of the accounting profession by supporting talented students who may otherwise struggle with financial constraints. By providing this financial assistance, the foundation helps to ensure a steady supply of skilled accountants, contributing to the overall success and stability of the industry.
Official website here: www.alabama.cpa
Who is the CEO of Educational Foundation Of The Al Society Of Cpas?
Jeannine Birmingham is the Ceo of Educational Foundation Of The Al Society Of Cpas. The CEO's salary of Educational Foundation Of The Al Society Of Cpas is $0 and their total compensation is $240,869.
Official website here: www.alabama.cpa
What is the revenue of Educational Foundation Of The Al Society Of Cpas?
Educational Foundation Of The Al Society Of Cpas's revenue in 2023 was $72,817.
Official website here: www.alabama.cpa
Who are the executives of Educational Foundation Of The Al Society Of Cpas and what are their salaries?
There 10 volunteers at Educational Foundation Of The Al Society Of Cpas.
Here are 10 key members and their salaries (Educational Foundation Of The Al Society Of Cpas's CEO's salary is $0 and their total compensation is $240,869):
- Compensation: $0
- Related: $234,204
- Other: $6,665
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- Other: $0
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- Other: $0
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- Compensation: $0
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- Other: $0
Official website here: www.alabama.cpa
Where can I find the form 990 for Educational Foundation Of The Al Society Of Cpas?
Educational Foundation Of The Al Society Of Cpas's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.alabama.cpa
Learn more at the official website: www.alabama.cpa
Mission Statement of Educational Foundation Of The Al Society Of Cpas
The Educational Foundation of the AL Society of CPAs is dedicated to inspiring and supporting qualified students who are interested in pursuing a career in accounting. Its primary mission is to offer financial assistance to these talented individuals, enabling them to pursue their academic goals in this field. The foundation achieves this by granting scholarships to outstanding students who demonstrate a strong commitment to accounting, thereby encouraging more individuals to join this profession.
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Impact
August, 2024
The Educational Foundation of the AL Society of CPAs plays a vital role in encouraging qualified students to pursue a career in accounting. By providing financial assistance through scholarships to outstanding students, the foundation helps reduce financial barriers that may prevent individuals from entering the accounting field. This support not only benefits the recipients by enabling them to further their education but also contributes to the overall growth and diversity of the accounting profession. Through its mission, the foundation is making a tangible impact on the future of accounting by nurturing the next generation of professionals.
This information is meant to be a general summary of Educational Foundation Of The Al Society Of Cpas. 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: $47,576
- Gross Receipts: $444,281
Assets and Liabilities:
- Total Assets: $1,854,990
- Total Liabilities: $75
- Net Assets: $1,854,915
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Organization Details
Founding Year
1967
Phone
(334) 834-7650Principal Officer
Jeannine Birmingham
Main Address
1041 LONGFIELD COURT, MONTGOMERY, AL, 36117
Website
www.alabama.cpaNTEE Category
Code: B82Z - Education
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