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Appalachian Investors Alliance

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

EIN: 825170821 ✦ Knoxville, TN ✦ Designated as a 501(c)(3)

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Overview

What is Appalachian Investors Alliance?

Appalachian Investors Alliance is a nonprofit organization dedicated to fostering economic growth and education in the community. They generate revenue, which is then channeled towards supporting educational initiatives, ultimately serving a purpose in investment-related activities. The Alliance's primary focus lies in promoting economic development and furthering educational development through its funds.


Official website here: www.appalachianinvestors.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 73%, earning a Two-Star out of Four Star rating. The rating reflects the organization's overall accountability and financial practices, which garnered a score of 73. While the Appalachian Investors Alliance exhibits strong governance with 100% independent board members, it struggles in transparency and financial reporting, as evidenced by the absence of financial statements and missing documents related to whistleblower and retention policies.

Strengths of the organization include its high program expense ratio of 100%, indicating that all its expenses are directed towards its programs, which is a positive sign of mission focus. Additionally, the organization has no material diversions of assets, showcasing a commitment to safeguarding its resources. The governance structure appears solid with adherence to conflict of interest policies and maintenance of board meeting minutes.

However, significant limitations are present, particularly in financial transparency, as the organization has not provided critical financial documentation on its website, which negatively impacts its overall rating. The lack of a whistleblower policy and document retention guidelines also raises concerns regarding accountability and organizational governance, which are essential for building trust with donors and stakeholders.


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

Is Appalachian Investors Alliance legitimate?

Appalachian Investors Alliance is a legitimate nonprofit organization registered as a 501(c)(3) entity. Appalachian Investors Alliance 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: $324,647

For more financial information, click here


Official website here: www.appalachianinvestors.org

What is the mission statement of Appalachian Investors Alliance?

The Appalachian Investors Alliance is dedicated to fostering economic growth and education. They utilize their income to support the continuation of educational initiatives, with an emphasis on investment-related learning. The organization's primary objective is to stimulate economic development and enhance educational opportunities. Their revenue serves as a sustaining force for these educational advancements, with a focus on investment-related education.


Official website here: www.appalachianinvestors.org

What is the revenue of Appalachian Investors Alliance?

Appalachian Investors Alliance's revenue in 2023 was $672,500.


Official website here: www.appalachianinvestors.org

Who are the executives of Appalachian Investors Alliance and what are their salaries?

The average compensation at Appalachian Investors Alliance during 2023 was $64,929. There are 5 employees at Appalachian Investors Alliance.

Here are 6 key members and their salaries:


Greg Brodsky (Trustee/Dire)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tina Dowd (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Green (Trustee/Dire)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Hart (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Poss (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Perry Richmond (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.appalachianinvestors.org

Where can I find the form 990 for Appalachian Investors Alliance?

Appalachian Investors Alliance's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.appalachianinvestors.org

Learn more at the official website: www.appalachianinvestors.org

Mission Statement of Appalachian Investors Alliance

Appalachian Investors Alliance, a nonprofit organization, is dedicated to fostering economic development and education. By leveraging its earnings, the alliance ensures the continuity of its educational ventures, with an emphasis on investment-driven initiatives. In essence, Appalachian Investors Alliance focuses on promoting economic growth and enhancing educational opportunities through its financial resources.

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Impact




July, 2024

Appalachian Investors Alliance has a notable impact in promoting economic development and education in the Appalachian region. Through their focus on community improvement, they empower individuals and businesses by providing educational resources and investment opportunities. Their efforts contribute to the overall economic growth and sustainability of the region, fostering a more prosperous future for all stakeholders involved.




This information is meant to be a general summary of Appalachian Investors Alliance. 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
$672,500 (2023)
Expenses
$572,614 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Program Service Revenue: $248,363
  • Gross Receipts: $672,500

Assets and Liabilities:

  • Total Assets: $255,233
  • Total Liabilities: $9,902
  • Net Assets: $245,331

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

FUND MANAGEMENT FEES

Revenue

$225,031

CONSULTING

Revenue

$23,332

Organization Details

Founding Year

2019

Principal Officer

James Hart

NTEE Category

Code: S01 - Community improvement

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