Overview
What is Alexandria Foundation Inc?
Alexandria Foundation Inc, located in Houston, Texas, is a nonprofit organization dedicated to promoting continuing education and scholarly works. Their primary mission is to foster leadership development, cultivate brotherhood, and encourage academic excellence. They achieve this by organizing an annual college tour for high school students, providing them with the opportunity to explore various universities for their higher education. Additionally, the foundation engages in community service and advocacy, aiming to make a positive impact in the areas they serve.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 33% (Zero-Star out of Four Star rating)
The Alexandria Foundation Inc has received a low rating of 33% from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. While the foundation boasts a fully independent board of directors and has no material diversion of assets, it falls short in several critical areas, including the absence of a conflict of interest policy, whistleblower policy, and a document retention policy.
In terms of financial transparency, the organization has not provided a website link on its tax form, nor has it posted its tax documents online, which impacts its overall score negatively. The program expense ratio is relatively low at 35.63%, suggesting that a substantial portion of its funds may not be allocated towards program services, which can be a red flag for potential donors.
Overall, while there are strengths in governance with an independent board, the lack of critical policies and transparency measures raises concerns about the organization's operational integrity and its commitment to adhering to best practices in nonprofit management.
This AI summary has been generated from information found on Charity Navigator.
Is Alexandria Foundation Inc legitimate?
Alexandria Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Alexandria Foundation 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.
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Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Alexandria Foundation Inc?
The Alexandria Foundation Inc's mission is centered around promoting continuing education and scholarly works to foster leadership development, brotherhood, and academic excellence. The organization also emphasizes providing service and advocacy for their communities. Their activities include organizing annual college tours for high school students to help them explore various universities for their higher education. By doing so, they aim to offer opportunities that encourage academic growth and community engagement.
Who is the CEO of Alexandria Foundation Inc?
Jimmy Coleman is the President of Alexandria Foundation Inc.
What is the revenue of Alexandria Foundation Inc?
Alexandria Foundation Inc's revenue in 2022 was $82,623.
Who are the executives of Alexandria Foundation Inc and what are their salaries?
There 26 volunteers at Alexandria Foundation Inc.
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Where can I find the form 990 for Alexandria Foundation Inc?
Alexandria Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Alexandria Foundation Inc
Alexandria Foundation Inc is committed to fostering continuing education, scholarly works, and academic excellence, with the aim of developing future leaders and promoting brotherhood. This mission is accomplished by providing service and advocacy for various communities. The organization's primary focus is on organizing a yearly college tour for high school students who are eager to explore various universities for their higher education. Through this initiative, Alexandria Foundation Inc seeks to broaden the horizons of these students and equip them with the necessary knowledge and resources to make informed decisions about their future academic pursuits. The foundation's ultimate goal is to contribute to the personal growth and development of these young individuals, thereby enriching the communities they will eventually serve.
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Impact
October, 2024
Alexandria Foundation Inc significantly impacts the community by fostering educational opportunities and leadership development. By organizing a yearly college tour for high school students, the foundation helps young individuals explore various universities, empowering them to make informed decisions about their higher education. This initiative not only enhances access to educational resources but also promotes a culture of academic excellence and brotherhood among participants.
Through its commitment to service and advocacy, Alexandria Foundation Inc plays a vital role in nurturing future leaders. The emphasis on continuing education and scholarly works creates pathways for personal and professional growth, ultimately benefiting the wider community. By investing in the education of youth, the foundation contributes to a more educated and engaged citizenry, ensuring a positive and lasting impact on society.
This information is meant to be a general summary of Alexandria Foundation 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: $82,623
Assets and Liabilities:
- Total Assets: $253,905
- Total Liabilities: $0
- Net Assets: $253,905
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Organization Details
Founding Year
1993
Phone
(713) 723-2595Principal Officer
Jimmy Coleman
Main Address
P O BOX 31241, HOUSTON, TX, 772311241
NTEE Category
Code: Z99 - Unknown
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