Overview
What is Alma Education And Arts Foundation?
The Alma Education And Arts Foundation is a nonprofit organization situated in Alma, Arkansas. Its primary mission is to enrich educational opportunities for children within the Alma School District. The foundation accomplishes this by providing scholarships for higher education to students from the district. Additionally, the organization offers work experience in the creative arts for students in the Alma School District, fostering their growth and development in this field. With a small team of dedicated individuals, the Alma Education And Arts Foundation strives to support the local educational community and promote artistic development among its students.
Official website here: www.almapc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Star rating)
The Alma Education And Arts Foundation has received an 84% score from Charity Navigator, indicating a solid performance in terms of accountability and financial health. The organization has a fully independent board, which is a positive reflection on its governance structure. High scores were noted in areas such as financial statements and the management of liabilities, suggesting a responsible handling of resources.
However, the organization does face some limitations, particularly in its policies. The absence of a conflict of interest policy, whistleblower policy, and guidelines around document retention and destruction points to areas that need improvement. Additionally, the nonprofit has not posted its tax form on its website, which may affect transparency for potential donors and stakeholders.
Despite these shortcomings, the foundation demonstrates a strong commitment to its programming, with a program expense ratio of 94.38%, indicating that a significant majority of its expenses are directed towards its charitable mission. Overall, while there are areas for enhancement in governance and transparency, the Alma Education And Arts Foundation shows a commendable commitment to its goals and financial stewardship.
This AI summary has been generated from information found on Charity Navigator.
Is Alma Education And Arts Foundation legitimate?
Alma Education And Arts Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Alma Education And Arts Foundation 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: $21,914
For more financial information, click here
Official website here: www.almapc.org
What is the mission statement of Alma Education And Arts Foundation?
The Alma Education and Arts Foundation's mission is centered around enhancing educational opportunities for children within the Alma School District. This is achieved through various means, including providing scholarships for higher education at colleges and universities for district students. Furthermore, the foundation offers work experience opportunities in the creative arts for students within the district. In essence, the foundation's goal is to enrich the educational experiences and prospects of the local youth.
Official website here: www.almapc.org
Who is the CEO of Alma Education And Arts Foundation?
Chuck King is the President of Alma Education And Arts Foundation.
Official website here: www.almapc.org
What is the revenue of Alma Education And Arts Foundation?
Alma Education And Arts Foundation's revenue in 2023 was $847,005.
Official website here: www.almapc.org
Who are the executives of Alma Education And Arts Foundation and what are their salaries?
The average compensation at Alma Education And Arts Foundation during 2023 was $21,914. There is 1 employee at Alma Education And Arts Foundation.
Here are 9 key members and their salaries:
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Official website here: www.almapc.org
Where can I find the form 990 for Alma Education And Arts Foundation?
Alma Education And Arts Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.almapc.org
Learn more at the official website: www.almapc.org
Mission Statement of Alma Education And Arts Foundation
The Alma Education and Arts Foundation is committed to enriching educational opportunities for children in the Alma School District. Their primary mission is to enhance the educational experiences of these students, providing them with a solid foundation for their future. To accomplish this, the foundation offers scholarships to colleges and universities for talented students within the district. Furthermore, the organization strives to provide work experience in the creative arts for these students, fostering their talents and encouraging their development in various artistic fields. By investing in the education and creative pursuits of these young individuals, the Alma Education and Arts Foundation is equipping them with the skills and knowledge necessary to succeed in their chosen paths.
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Impact
July, 2024
The Alma Education And Arts Foundation has made a significant impact on the children in the Alma School District by enhancing their educational opportunities. Through the provision of scholarships to colleges and universities, students in the district are able to pursue higher education and achieve their academic goals. Additionally, by offering work experience in the creative arts, the foundation is helping students explore their talents and interests, preparing them for future opportunities in the arts field. Overall, the foundation's efforts have contributed to the educational and personal growth of students in the Alma School District, empowering them to succeed in their academic and professional endeavors.
This information is meant to be a general summary of Alma Education And Arts Foundation. 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: $218
- Program Service Revenue: $252,014
- Gross Receipts: $853,931
Assets and Liabilities:
- Total Assets: $922,542
- Total Liabilities: $144,976
- Net Assets: $777,566
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TICKET SALES
Revenue
$249,216
OTHER REVENUE
Revenue
$2,798
Organization Details
Founding Year
2001
Phone
(479) 632-4791Principal Officer
Chuck King
Main Address
PO BOX 2359, ALMA, AR, 72921
Website
www.almapc.orgNTEE Category
Code: B82 - Education
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