Overview
What is Coleman Alexander Prosser Found?
Coleman Alexander Prosser Found is a nonprofit organization, situated in Jackson, Mississippi. The primary focus of this organization is to foster community and economic development through various activities. Additionally, they offer scholarships to deserving students as a means of supporting their education. By engaging in these initiatives, the nonprofit aims to contribute positively to the community and help shape the future of its youth.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 65%, Two-Star out of Four Star rating. This rating indicates that while the Coleman Alexander Prosser Found demonstrates some strengths, particularly in governance, the organization overall has significant limitations in its financial accountability and transparency.
The organization boasts a fully independent board with 27 members, which contributes positively to its governance. Additionally, there are no recorded material diversions of assets, and the charity is compliant with conflict of interest policies. However, despite these strengths, the organization has not established a whistleblower policy, which is a critical component for safeguarding against unethical practices.
Financially, the organization faces challenges, with a program expense ratio of only 52.59%, suggesting that less than half of its expenditures directly support its programs. This low ratio raises concerns about the efficiency and effectiveness of its resource allocation. Overall, while the Coleman Alexander Prosser Found has solid governance practices, it must improve its financial management to enhance its rating and impact.
This AI summary has been generated from information found on Charity Navigator.
Is Coleman Alexander Prosser Found legitimate?
Coleman Alexander Prosser Found is a legitimate nonprofit organization registered as a 501(c)(3) entity. Coleman Alexander Prosser Found 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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What is the mission statement of Coleman Alexander Prosser Found?
The mission of Coleman Alexander Prosser Found is centered around providing community and economic development activities, as well as scholarships, to deserving students. This organization is dedicated to contributing positively to the community and supporting the education of deserving students financially. By organizing such activities and offering scholarships, they aim to empower and uplift individuals, promoting overall development and growth.
Who is the CEO of Coleman Alexander Prosser Found?
Audrey Hall is the President of Coleman Alexander Prosser Found.
What is the revenue of Coleman Alexander Prosser Found?
Coleman Alexander Prosser Found's revenue in 2022 was $118,365.
Who are the executives of Coleman Alexander Prosser Found and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Coleman Alexander Prosser Found?
Coleman Alexander Prosser Found's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Coleman Alexander Prosser Found
Coleman Alexander Prosser Found is an organization with a mission to engage in community and economic development activities and provide scholarships to deserving students. Established with this purpose, the nonprofit aims to contribute positively to the community by organizing initiatives that promote growth and development. Furthermore, it recognizes the importance of education in shaping future leaders and offers scholarships as a means of supporting worthy students. By providing both community development activities and scholarships, Coleman Alexander Prosser Found seeks to contribute to the overall well-being and progress of the society.
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Impact
October, 2024
Coleman Alexander Prosser Found significantly impacts the community and economy by focusing on development initiatives and scholarship opportunities for deserving students. Located in Jackson, MS, it plays a crucial role in enhancing educational access, ensuring that talented individuals have the resources they need to succeed. Through its community development activities, it not only fosters local growth but also cultivates future leaders by empowering students to pursue higher education. By investing in education and community well-being, it creates lasting benefits that ripple throughout the region, strengthening both individual lives and the community as a whole.
This information is meant to be a general summary of Coleman Alexander Prosser Found. 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.
- Gross Receipts: $118,365
Assets and Liabilities:
- Total Assets: $779,943
- Total Liabilities: $0
- Net Assets: $779,943
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Organization Details
Founding Year
1996
Principal Officer
Audrey Hall
Main Address
P O BOX 13184, JACKSON, MS, 39286
NTEE Category
Code: B80 - Education
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