Overview
What is Arkansas Alumni Association Inc?
Arkansas Alumni Association Inc is a nonprofit organization based in Fayetteville, Arkansas. Their primary focus is on providing scholarships to students, with over 530 recipients annually. They achieve this mission through various means, including membership, chapters and outreach, special events, affinity programs, campus partners, student programs, and engaging various university stakeholders. The association serves as a bridge connecting the University of Arkansas community, fostering a sense of unity and support among students, alumni, faculty, staff, and friends.
Official website here: www.arkansasalumni.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Stars)
The Arkansas Alumni Association Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. This rating indicates that the organization operates with a high level of transparency, as evidenced by its 96% independent board members and robust financial oversight. The organization demonstrates a solid commitment to responsible financial practices, with a low liabilities-to-assets ratio and a high program expense ratio.
Strengths highlighted in the evaluation include effective governance practices, such as a well-documented conflict of interest policy and a whistleblower policy, which foster transparency and trust within the organization. The Arkansas Alumni Association's financial health is further underscored by its significant working capital, ensuring that it can sustain its operations and programs over the long term.
However, the fundraising efficiency score raises some concerns, as it indicates that the organization may not be generating revenue as effectively as possible in relation to its fundraising expenses. Despite this limitation, the overall financial metrics and strong governance framework suggest that the Arkansas Alumni Association Inc is a reliable and responsible nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is Arkansas Alumni Association Inc legitimate?
Arkansas Alumni Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Arkansas 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $59,312
For more financial information, click here
Official website here: www.arkansasalumni.org
What is the mission statement of Arkansas Alumni Association Inc?
The Arkansas Alumni Association Inc. fulfills its mission through various means, including membership, chapters, outreach, societies, special events, affinity programs, campus partners, campus support, student programs, and engaging events for students, alumni, faculty, staff, and friends of the University of Arkansas. The association's primary goal is to connect and serve the University of Arkansas community. An essential part of their mission is providing scholarships to students. Each year, they award scholarships to a substantial number of students, with approximately 100 new students joining the scholarship group annually. Additionally, the association supports various events and programs aimed at engaging and serving the University of Arkansas family.
Official website here: www.arkansasalumni.org
Who is the CEO of Arkansas Alumni Association Inc?
Brandy Cox is the Executive Director of Arkansas Alumni Association Inc.
Official website here: www.arkansasalumni.org
What is the revenue of Arkansas Alumni Association Inc?
Arkansas Alumni Association Inc's revenue in 2022 was $2,058,784.
Official website here: www.arkansasalumni.org
Who are the executives of Arkansas Alumni Association Inc and what are their salaries?
There 2886 volunteers at Arkansas Alumni Association Inc.
Here are 30 key members and their salaries:
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- Related: $107,903
- Other: $16,262
Official website here: www.arkansasalumni.org
Where can I find the form 990 for Arkansas Alumni Association Inc?
Arkansas Alumni Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.arkansasalumni.org
Learn more at the official website: www.arkansasalumni.org
Mission Statement of Arkansas Alumni Association Inc
Arkansas Alumni Association, in its mission, connects and serves the University of Arkansas family. The organization achieves this through various means such as membership, chapters and outreach, societies, special events, affinity programs, campus partners and campus support, student programs, and numerous other events designed to engage students, alumni, faculty, staff, and friends of the university. By doing so, Arkansas Alumni Association plays a significant role in fostering a sense of community within the university family.
One of the key aspects of Arkansas Alumni Association's mission is providing financial assistance to students. Each year, the association awards scholarships to a substantial number of students, totaling 533 during the fiscal year. In addition, the association regularly adds approximately 100 new students to its scholarship group, furthering its commitment to supporting the educational aspirations of its university family members.
In summary, Arkansas Alumni Association's mission is multifaceted, focusing on fostering a sense of community, providing scholarships, and engaging various members of the University of Arkansas family through a variety of programs and events. By doing so, the association aims to support and empower its members, ensuring a strong and connected university community.
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Impact
July, 2024
Arkansas Alumni Association Inc's impact is significant in connecting and serving the University of Arkansas family. Through various activities such as membership support, chapters and outreach, societies, special events, affinity programs, campus partnerships, and student programs, they engage students, alumni, faculty, staff, and friends of the university. One notable aspect of their impact is the awarding of scholarships to students, with 533 students receiving scholarship funds during the fiscal year. Additionally, they continuously add approximately 100 new students to the scholarship group each year, further supporting students in their educational pursuits.
This information is meant to be a general summary of Arkansas 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.
- Investment Income: $103,945
- Program Service Revenue: $69,682
- Gross Receipts: $2,097,063
Assets and Liabilities:
- Total Assets: $16,868,621
- Total Liabilities: $1,462,496
- Net Assets: $15,406,125
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CHAPTERS AND SOCIETIES
Revenue
$50,823
SPECIAL EVENTS
Revenue
$18,859
Organization Details
Founding Year
1960
Phone
(479) 575-5334Principal Officer
Brandy Cox
Main Address
PO BOX 1070, FAYETTEVILLE, AR, 72702
Website
www.arkansasalumni.orgNTEE Category
Code: B84Z - Education
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