Overview
What is African Amercan Cultural Inc?
African American Cultural Inc is a nonprofit organization that primarily focuses on providing childcare services. They cater to children before, during, and after school, as well as on certain holidays. Their comprehensive care includes offering nutritious meals, educational programs, recreational activities, and fundamental lessons to help children thrive. The organization is committed to ensuring the well-being and development of young minds, providing a nurturing environment where children can grow and learn.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating with a score of 65%)
African American Cultural Inc has been rated with a Two-Star rating by Charity Navigator, indicating that there are significant areas needing improvement within the organization. The overall score of 65% reflects a mixed performance in accountability and finances, particularly highlighting strong governance with a fully independent board of members. However, the organization struggles with transparency, receiving a score of zero in several critical areas related to financial documentation and policies.
Among the strengths, the nonprofit exhibits excellent governance practices, evidenced by the majority independent board members and a favorable liabilities to assets ratio, which reflects financial stability. Furthermore, it allocates 25% of its expenses towards programs, demonstrating a commitment to its mission. However, the lack of posted financial statements and policies regarding conflict of interest and whistleblower protections raises concerns about overall transparency and adherence to best practices.
The organization's weaknesses primarily lie in its financial transparency, as indicated by the score of zero in multiple financial reporting areas. This lack of accessible documentation could potentially undermine donor trust and long-term sustainability. To improve its standing, African American Cultural Inc would benefit from enhancing its transparency practices and ensuring that essential financial documents are readily available to stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is African Amercan Cultural Inc legitimate?
African Amercan Cultural Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. African Amercan Cultural 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: $70,401
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What is the mission statement of African Amercan Cultural Inc?
The African American Cultural Inc's mission is centered around providing childcare services for children before, during, and after school, as well as during some holidays. Their activities encompass more than just childcare; they also offer meals, education, recreation, and fundamental learning opportunities for the children under their care. The organization's primary goal is to ensure the holistic development and well-being of these children, providing them with a nurturing environment outside of regular school hours.
Who is the CEO of African Amercan Cultural Inc?
Lisa Beverly is the Manager of African Amercan Cultural Inc.
What is the revenue of African Amercan Cultural Inc?
African Amercan Cultural Inc's revenue in 2022 was $611,842.
Who are the executives of African Amercan Cultural Inc and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for African Amercan Cultural Inc?
African Amercan Cultural Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of African Amercan Cultural Inc
African American Cultural Inc is dedicated to providing comprehensive care for children before and during school hours, as well as during some holidays. Their mission encompasses providing childcare, ensuring that children have access to nutritious meals, fostering educational growth, encouraging recreational activities, and instilling fundamental skills in young learners. The organization's primary goal is to support children's overall well-being and development, offering a holistic approach to their upbringing.
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Impact
July, 2024
African American Cultural Inc's impact lies in providing vital childcare services for children before, during, and after school, as well as on some holidays. They go beyond simple supervision by also offering essential components such as meals, education, recreation, and fundamentals. By focusing on the well-being and development of children in Alexandria, LA, this organization plays a significant role in supporting families, fostering educational growth, and promoting a positive environment for the local community.
This information is meant to be a general summary of African Amercan Cultural 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.
- Gross Receipts: $611,842
Assets and Liabilities:
- Total Assets: $358,643
- Total Liabilities: $0
- Net Assets: $358,643
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Organization Details
Founding Year
2010
Phone
(318) 308-4416Principal Officer
Lisa Beverly
Main Address
1304 BEECH STREET, ALEXANDRIA, LA, 71301
NTEE Category
Code: A50 - Arts
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