Overview
What is Ascte Foundation?
The Ascte Foundation, established in Inc. form, is committed to supporting the Alabama School of Cyber Technology and Engineering, a magnet school funded by the state of Alabama. This academy, located in Huntsville, serves grade 9-12 students and is state-wide in scope. The purpose of the Ascte Foundation is to ensure the long-term success of this educational institution. Although the specific activities or mission details are not provided, the foundation's primary objective is clear: to contribute to the growth and long-term sustainability of the Alabama School of Cyber Technology and Engineering.
Official website here: www.ascte.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 78% (Three-Star out of Four Star rating)
The Ascte Foundation has achieved a Three-Star rating from Charity Navigator, indicating a solid level of performance in accountability and finance. The rating reflects a comprehensive evaluation based solely on the organization's accountability practices, demonstrating a commitment to transparency and responsible management of resources.
Strengths of the Ascte Foundation include a fully independent board, with all members adhering to high standards of governance. Additionally, the foundation has established strong policies related to conflicts of interest, whistleblowing, and document retention, which contribute positively to its overall accountability score. The program expense ratio is commendable, suggesting that a significant portion of funds is directed towards its mission-driven activities.
However, while the foundation has a good accountability score, it is important to note that the overall rating is solely based on this aspect, which may limit the assessment of its broader impact and effectiveness in fulfilling its mission. A more comprehensive evaluation, including additional metrics related to outcomes and program effectiveness, would provide a fuller picture of the foundation's overall performance.
This AI summary has been generated from information found on Charity Navigator.
Is Ascte Foundation legitimate?
Ascte Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ascte 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: $25,183
For more financial information, click here
Official website here: www.ascte.org
What is the mission statement of Ascte Foundation?
The Ascte Foundation's mission is to contribute to the long-term support of a state-funded magnet school, specifically the Alabama School of Cyber Technology and Engineering. This school, located in Huntsville, Alabama, is a statewide institution offering education from grades 9 to 12 with a focus on cyber technology and engineering. The foundation's role is to ensure the school's sustainability and success in its mission to educate students in these specialized fields.
Official website here: www.ascte.org
Who is the CEO of Ascte Foundation?
Alicia Ryan is the President of Ascte Foundation.
Official website here: www.ascte.org
What is the revenue of Ascte Foundation?
Ascte Foundation's revenue in 2022 was $4,084,571.
Official website here: www.ascte.org
Who are the executives of Ascte Foundation and what are their salaries?
There 11 volunteers at Ascte Foundation.
Here are 10 key members and their salaries:
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Official website here: www.ascte.org
Where can I find the form 990 for Ascte Foundation?
Ascte Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ascte.org
Learn more at the official website: www.ascte.org
Mission Statement of Ascte Foundation
The Ascte Foundation, established with a noble purpose, aims to offer enduring assistance and support to the Alabama School of Cyber Technology and Engineering. This institution is a magnet school, funded by the state of Alabama, catering to grades 9-12. The Ascte Foundation's mission is centered around providing long-term aid to this state-wide educational facility, located in Huntsville, Alabama. The foundation's role is crucial in ensuring the school's success and continued growth, contributing to the development of future generations in the field of cyber technology and engineering.
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Impact
July, 2024
Ascte Foundation's impact is focused on establishing and providing long-term support to the Alabama School of Cyber Technology and Engineering (ASCTE), a state-funded magnet school for grades 9-12 located in Huntsville, Alabama. By supporting ASCTE, Ascte Foundation contributes to enhancing education in the fields of cyber technology and engineering, thereby equipping students with skills and knowledge needed for future success in these critical areas. This support helps prepare students for careers in technology and engineering, ultimately benefiting both the individuals involved and the broader community by fostering innovation and growth in these important sectors.
This information is meant to be a general summary of Ascte 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: $929
- Gross Receipts: $4,084,571
Assets and Liabilities:
- Total Assets: $50,550,698
- Total Liabilities: $32,658,177
- Net Assets: $17,892,521
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Organization Details
Founding Year
2018
Phone
(256) 426-7240Principal Officer
Alicia Ryan
Main Address
229 WYNN DRIVE NW, HUNTSVILLE, AL, 35805
Website
www.ascte.orgNTEE Category
Code: B11 - Education
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