Overview
What is The Avj Foundation?
The Avj Foundation is a supporting organization, located in Abilene, Texas, with a postal address at PO Box 1001. Its primary role is to benefit and support the Community Foundation of Abilene, which serves West Central Texas communities. The Avj Foundation operates under Section 501(C)(3) and 509(A)(1) of the Code, as a non-profit corporation. Its exclusive purpose is to support and bolster the Community Foundation of Abilene in its mission to uplift the communities within its jurisdiction. This support may include financial aid, resources, or any other means to further the Community Foundation's objectives.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Star rating)
The Avj Foundation has achieved an impressive 94% rating from Charity Navigator, reflecting strong performance in accountability and financial health. The charity stands out for having an entirely independent board, excellent management practices, and no material diversion of assets. Its high program expense ratio of 97.82% indicates that virtually all funds are directed towards its mission, underscoring its commitment to effective use of donations.
Strengths of the organization include comprehensive policies on conflict of interest, whistleblower protection, and document retention, which showcase a robust governance structure. The charity’s transparency is further highlighted by the availability of board meeting minutes, enhancing trust among stakeholders. Additionally, the foundation's financial stability is evidenced by a liabilities to assets ratio of 0.00%, signifying a solid financial footing.
While the data does not indicate any specific limitations, the high ratings suggest that The Avj Foundation is a well-managed organization dedicated to its cause, making it a worthwhile choice for potential donors looking for effective nonprofits to support.
This AI summary has been generated from information found on Charity Navigator.
Is The Avj Foundation legitimate?
The Avj Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Avj 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: $0
For more financial information, click here
What is the mission statement of The Avj Foundation?
The Avj Foundation's mission is primarily focused on supporting and benefiting another non-profit organization, specifically the Community Foundation of Abilene. This supporting organization operates under Section 501(C)(3) and 509(A)(1) of the U.S. Code, and its purpose is to contribute to the Community Foundation of Abilene's mission, which serves communities in West Central Texas. The Avj Foundation's role is to aid and strengthen the efforts of the Community Foundation of Abilene, without having a mission statement of its own that is distinct from its supporting role.
Who is the CEO of The Avj Foundation?
Katie Alford is the President of The Avj Foundation.
What is the revenue of The Avj Foundation?
The Avj Foundation's revenue in 2022 was $13,639.
Who are the executives of The Avj Foundation and what are their salaries?
There 5 volunteers at The Avj Foundation.
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $220,500
- Other: $12,780
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for The Avj Foundation?
The Avj Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Avj Foundation
The Avj Foundation serves a unique role as a supporting organization, dedicated to benefiting and bolstering the Community Foundation of Abilene. This Texas-based non-profit, falling under sections 501(C)(3) and 509(A)(1) of the code, is the primary focus of The Avj Foundation's mission. The organization's purpose is to contribute to the Community Foundation of Abilene's objectives, which are geared towards serving the communities of West Central Texas. By operating as a supporting organization, The Avj Foundation plays a crucial role in supporting and enhancing the work of the Community Foundation of Abilene.
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Impact
October, 2024
The Avj Foundation plays a crucial role in enhancing the well-being of community members in West Central Texas. By operating as a supporting organization for the Community Foundation of Abilene, it facilitates a variety of initiatives aimed at community improvement. This collaboration helps ensure that resources are directed towards impactful projects, fostering local development and empowering residents.
Through its efforts, The Avj Foundation contributes to a stronger, more resilient community by addressing the needs and aspirations of the region, ultimately enhancing the quality of life for those it serves. Its commitment to supporting the foundation’s mission amplifies the positive effects of various community-focused programs and initiatives, making a significant difference in the lives of individuals and families in Abilene and surrounding areas.
This information is meant to be a general summary of The Avj 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 2022.
- Investment Income: $13,639
- Gross Receipts: $13,639
Assets and Liabilities:
- Total Assets: $137,673
- Total Liabilities: $0
- Net Assets: $137,673
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Organization Details
Founding Year
1995
Phone
(325) 676-3883Principal Officer
Katie Alford
Main Address
P O BOX 1001, ABILENE, TX, 79604
NTEE Category
Code: S21J - Community improvement
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