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Alegria Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 760785133 ✦ Long beach, CA ✦ Designated as a 501(c)(3)

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Overview

What is Alegria Foundation?

The Alegria Foundation, situated in Long Beach, California, is a compassionate human services organization. Its primary mission is to extend aid and support to underprivileged children in the community. This nonprofit organization is dedicated to fulfilling this mission by offering a variety of services designed to uplift and empower these children.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating. The Alegria Foundation demonstrates strengths in governance and financial management, with a perfect score for both majority independent board members and the independent board size. Additionally, the organization has a solid program expense ratio of 97.95%, indicating that a significant portion of funds is directed towards its programs.

However, the foundation has notable weaknesses in its accountability and transparency practices. It lacks essential policies, including a conflict of interest policy, a whistleblower policy, and a document retention policy, all of which received zero points. Furthermore, the absence of the tax form on the nonprofit's website reflects a need for improved transparency regarding its financial operations.

Overall, while the Alegria Foundation scores well in certain aspects of governance and program spending, its two-star rating signifies room for improvement in accountability and transparency practices, which are critical for fostering trust with donors and stakeholders.


This AI summary has been generated from information found on Charity Navigator.

Is Alegria Foundation legitimate?

Alegria Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Alegria 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 Alegria Foundation?

The Alegria Foundation is dedicated to assisting underprivileged children by providing necessary services. Their mission, in essence, is to enhance the lives of these children by offering the necessary aid and support. The organization focuses on delivering essential services to ensure these children have access to opportunities that may otherwise be unavailable to them. The Alegria Foundation's efforts are geared towards improving the well-being and prospects of underprivileged children, providing them with the resources needed to thrive.

Who is the CEO of Alegria Foundation?

Julie Boyd is the President of Alegria Foundation.

What is the revenue of Alegria Foundation?

Alegria Foundation's revenue in 2022 was $66,903.

Who are the executives of Alegria Foundation and what are their salaries?


There is 1 key member and their salary:


Julie Boyd (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Alegria Foundation?

Alegria Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Alegria Foundation

Alegria Foundation, as a human services organization, is committed to assisting underprivileged children. Their mission, in essence, is geared towards providing essential services to this vulnerable group. By taking on this mission, Alegria Foundation aims to make a significant impact in the lives of these children, ensuring they have access to the resources they need to thrive. The organization's dedication to this cause is unwavering, as it strives to help underprivileged children in various ways.

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Impact




August, 2024

Alegria Foundation's impact can be seen in the lives of underprivileged children in Long Beach, CA. Through their services and support, these children are given opportunities they may not have otherwise had access to, helping to improve their well-being and future prospects. The foundation's work directly contributes to creating a more equitable and supportive community for these vulnerable individuals.




This information is meant to be a general summary of Alegria 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.

Revenue
$66,903 (2022)
Expenses
$28,475 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $59,303
  • Gross Receipts: $66,903

Assets and Liabilities:

  • Total Assets: $1,134,414
  • Total Liabilities: $0
  • Net Assets: $1,134,414

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Organization Details

Principal Officer

Julie Boyd

Main Address

4712 E 2ND ST 333, LONG BEACH, CA, 90803

NTEE Category

Code: P193 - Human services

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