Overview
What is Indian & Forest Acres Alumni Scholarship Foundation?
The Indian & Forest Acres Alumni Scholarship Foundation, based in Fryeburg, Maine, is a nonprofit organization with a mission to empower children from diverse socio-economic backgrounds. They achieve this by offering scholarships for children to attend camps at Indian & Forest Acres, fostering an environment where campers can develop physical, social, and leadership skills. This is accomplished through learning to set and achieve goals, experiencing risk in a safe and supportive setting, and cultivating a sense of personal and community responsibility. The foundation strives to provide these transformative experiences to as many children as possible, thereby upholding the camps' distinctive mission.
Official website here: www.iafa-foundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Star Rating)
The Indian & Forest Acres Alumni Scholarship Foundation holds a Three-Star rating from Charity Navigator, reflecting a solid performance in accountability and financial health. Their overall score is derived solely from their accountability and finance beacon, which is a significant indicator of the foundation's ability to manage funds responsibly.
A major strength of the organization is its governance structure, showcasing a fully independent board with no material diversion of assets. They have also demonstrated effective financial management with a Program Expense Ratio of 86.18%, which indicates that a substantial portion of their expenses is directed toward fulfilling their mission.
While the foundation shows strong accountability and financial practices, the single beacon score means that other potential areas of impact or effectiveness are not evaluated in this rating. Overall, the foundation appears to be well-managed and committed to transparency in its operations.
This AI summary has been generated from information found on Charity Navigator.
Is Indian & Forest Acres Alumni Scholarship Foundation legitimate?
Indian & Forest Acres Alumni Scholarship Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Indian & Forest Acres Alumni Scholarship 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:
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Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.iafa-foundation.org
What is the mission statement of Indian & Forest Acres Alumni Scholarship Foundation?
The Indian & Forest Acres Alumni Scholarship Foundation aims to facilitate an opportunity for children from diverse socio-economic backgrounds to engage with the unique values of the camps. This experience encourages the development of physical, social, and leadership skills. This is achieved by teaching campers how to set and accomplish goals, exposing them to controlled risks in a safe and supportive environment, and instilling a sense of personal and community responsibility.
Official website here: www.iafa-foundation.org
What is the revenue of Indian & Forest Acres Alumni Scholarship Foundation?
Indian & Forest Acres Alumni Scholarship Foundation's revenue in 2023 was $56,337.
Official website here: www.iafa-foundation.org
Who are the executives of Indian & Forest Acres Alumni Scholarship Foundation and what are their salaries?
There 14 volunteers at Indian & Forest Acres Alumni Scholarship Foundation.
Here are 11 key members and their salaries:
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Official website here: www.iafa-foundation.org
Where can I find the form 990 for Indian & Forest Acres Alumni Scholarship Foundation?
Indian & Forest Acres Alumni Scholarship Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.iafa-foundation.org
Learn more at the official website: www.iafa-foundation.org
Mission Statement of Indian & Forest Acres Alumni Scholarship Foundation
The Indian & Forest Acres Alumni Scholarship Foundation aims to provide an opportunity for children from various socio-economic backgrounds to embrace the core ideals of its camps. This mission is centered around creating a supportive community where campers can enhance their physical, social, and leadership skills. By fostering an environment that encourages setting and achieving goals, experiencing risk in a safe manner, and instilling a sense of personal and community responsibility, the foundation seeks to empower these children. The ultimate goal is to enable them to grow and develop holistically, thereby making a positive impact in their own lives and their communities.
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Impact
August, 2024
The Indian & Forest Acres Alumni Scholarship Foundation's impact lies in providing children from diverse socio-economic backgrounds the opportunity to partake in the unique mission of the camps. By administering a scholarship program, the foundation enables these children to experience a community where they can develop physical, social, and leadership skills in a supportive environment. This initiative helps foster a sense of personal and community responsibility, allowing campers to set and achieve goals while experiencing safe risks. Through their work, the foundation contributes to the growth and development of these young campers, offering them valuable learning experiences that can shape their futures.
This information is meant to be a general summary of Indian & Forest Acres Alumni Scholarship 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 2023.
- Investment Income: $20
- Gross Receipts: $56,337
Assets and Liabilities:
- Total Assets: $160,825
- Total Liabilities: $0
- Net Assets: $160,825
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Organization Details
Founding Year
2017
Principal Officer
Michael Burness
Website
www.iafa-foundation.orgNTEE Category
Code: B84 - Education
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