Overview
What is Texas College Alumni & Ex Students Assoc Inc?
Texas College Alumni & Ex Students Assoc Inc is a nonprofit organization situated in Cedar Hill, Texas. Their primary mission is to support and uplift Texas College, offering both moral and financial assistance when necessary. They accomplish this by collecting revenue from various chapters under their national umbrella and channeling it to the college annually. Additionally, the association contributes to specific initiatives, such as donating $100 towards a leadership symposium on campus. The funds contributed are specifically earmarked for student tuition support, demonstrating their commitment to the academic growth of the students.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 33%, Zero-Star out of Four Star rating. The low score indicates significant concerns regarding the nonprofit's accountability and financial practices. This rating is derived solely from the Accountability & Finance beacon, which reflects the organization’s commitment to transparency and responsible management of funds.
The organization demonstrates some strengths, such as having a fully independent board and no reported material diversion of assets. However, critical limitations are evident, including the absence of essential policies like a conflict of interest policy and a whistleblower policy. Moreover, important documents, such as the website and tax form disclosures, are missing, which heavily impacts the overall score.
The financial metrics are also concerning, with a program expense ratio of only 49.18% and a reported liability to assets ratio of 0.00%. These figures suggest potential inefficiencies in resource allocation and raise questions about the nonprofit's sustainability and effectiveness in fulfilling its mission. Overall, the organization has several areas requiring urgent improvement to enhance transparency and accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Texas College Alumni & Ex Students Assoc Inc legitimate?
Texas College Alumni & Ex Students Assoc Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Texas College Alumni & Ex Students Assoc 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: $0
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What is the mission statement of Texas College Alumni & Ex Students Assoc Inc?
The Texas College Alumni & Ex Students Assoc Inc's mission is centered around promoting the welfare of Texas College. It aims to provide both moral and financial assistance to the institution when necessary. The association also strives to maintain a medium of information exchange between the college, its alumni, and former students. The alumni chapter specifically offers grants and scholarships to Texas College through a pass-through account, with funds collected from various chapters being directly donated to the college annually. Additionally, a sum of $100 was donated to the college for a leadership symposium on campus.
Who is the CEO of Texas College Alumni & Ex Students Assoc Inc?
Anita Thomas is the President of Texas College Alumni & Ex Students Assoc Inc.
What is the revenue of Texas College Alumni & Ex Students Assoc Inc?
Texas College Alumni & Ex Students Assoc Inc's revenue in 2022 was $37,537.
Who are the executives of Texas College Alumni & Ex Students Assoc Inc and what are their salaries?
There 15 volunteers at Texas College Alumni & Ex Students Assoc Inc.
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Texas College Alumni & Ex Students Assoc Inc?
Texas College Alumni & Ex Students Assoc Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Texas College Alumni & Ex Students Assoc Inc
The Texas College Alumni & Ex Students Assoc Inc, in its mission, strives to enhance the welfare of Texas College. The organization's primary goal is to provide both moral and financial support to the institution when necessary. Additionally, it aims to serve as a medium of communication between the college, its alumni, and former students, ensuring that information is shared effectively among all parties.
In practice, the Alumni Association of Texas College demonstrates its mission by offering financial assistance to the college. This support comes in the form of grants and scholarships, which are channeled directly to the institution on an annual basis. The association collects revenue from various chapters under its umbrella, national Alumni Chapter, and utilizes these funds to support Texas College. Furthermore, the Alumni Association has donated $100 to Texas College for a leadership symposium held on campus, furthering its commitment to the institution's growth and development.
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Impact
August, 2024
Texas College Alumni & Ex Students Assoc Inc has a significant impact on promoting the welfare of Texas College, its alumni, and ex-students. By providing moral and financial assistance to the college when needed, the association plays a crucial role in supporting the educational endeavors of current students. Through grants and scholarships, the alumni chapter contributes directly to Texas College, ensuring that students have access to necessary resources for their education. Additionally, by organizing events like the leadership symposium on campus and facilitating communication between the college, alumni, and former students, the association helps maintain a strong network of support within the Texas College community. Overall, Texas College Alumni & Ex Students Assoc Inc's efforts contribute to the continuous growth and success of Texas College and its students.
This information is meant to be a general summary of Texas College Alumni & Ex Students Assoc 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.
- Program Service Revenue: $1,400
- Gross Receipts: $37,537
Assets and Liabilities:
- Total Assets: $96,580
- Total Liabilities: $0
- Net Assets: $96,580
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
UNCF
Revenue
$1,400
Organization Details
Founding Year
1973
Phone
(214) 642-9987Principal Officer
Anita Thomas
Main Address
610 UPTOWN BLVD STE 4150, CEDAR HILL, TX, 75104
NTEE Category
Code: B84 - Education
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