Overview
What is Alden Charitable Foundation Inc?
Alden Charitable Foundation Inc, located in Guilford, Connecticut, is a nonprofit organization dedicated to fostering public interest and appreciation for theater, dance, music, and the performing arts. They achieve this by organizing and sponsoring various comedic and talent shows, as well as producing and presenting public performances in these fields. The foundation also supports various 501(c)(3) charities and schools across the country that promote the performing arts and provide educational opportunities in this field for children. By doing so, Alden Charitable Foundation Inc plays a significant role in cultivating, promoting, and developing an understanding of the performing arts in society.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
The Alden Charitable Foundation Inc has received a two-star rating from Charity Navigator, indicating a need for improvement in various areas of accountability and finance. With an overall score of 67%, the foundation demonstrates strengths in having a fully independent board and an excellent program expense ratio, reflecting a strong commitment to utilizing funds for its charitable programs.
However, significant weaknesses persist, primarily due to the absence of several key financial documents and policies. The foundation has not posted financial statements, tax forms, or critical governance policies such as conflict of interest and whistleblower policies on its website. These deficiencies raise concerns about transparency and accountability, which are crucial for donor trust and regulatory compliance.
Despite a solid operational focus on programming, the lack of necessary documentation and policies could hinder the foundation's credibility. Addressing these gaps could enhance its standing in the nonprofit community and improve its overall rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Alden Charitable Foundation Inc legitimate?
Alden Charitable Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Alden Charitable Foundation 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 Alden Charitable Foundation Inc?
Alden Charitable Foundation Inc's mission is centered around fostering an appreciation and understanding of theatre, dance, music, and the performing arts. The organization aims to stimulate public interest in these fields and produces and presents public performances in each of these categories. Additionally, the foundation utilizes the proceeds from its events, after covering expenses, to support various charities and schools across the country that promote the performing arts and provide education in this area for children. The foundation's activities, such as comedy and talent shows, serve to emphasize the importance of the performing arts in society and heighten public interest in these artistic forms.
Who is the CEO of Alden Charitable Foundation Inc?
Brian Alden is the President/Director of Alden Charitable Foundation Inc.
What is the revenue of Alden Charitable Foundation Inc?
Alden Charitable Foundation Inc's revenue in 2022 was $2,589,966.
Who are the executives of Alden Charitable Foundation Inc and what are their salaries?
There 4 volunteers at Alden Charitable Foundation Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Alden Charitable Foundation Inc?
Alden Charitable Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Alden Charitable Foundation Inc
Alden Charitable Foundation Inc is committed to fostering, advocating for, and advancing public interest in the realms of theatre, dance, music, and performing arts. The organization achieves this mission by producing and presenting public performances in each of these sectors, aiming to generate a deeper understanding and appreciation for these art forms. By sponsoring and organizing comedy and talent shows, Alden Charitable Foundation Inc seeks to heighten public interest and underline the significance of the performing arts in society.
In addition to its performance-focused activities, the foundation also channels its resources to support various 501(c)(3) charities and schools nationwide. These organizations share Alden Charitable Foundation Inc's objectives of promoting performing arts and providing educational opportunities in the field for children. By directing the proceeds from its events, after covering expenses, to these causes, the foundation plays a crucial role in nurturing the next generation of performers and arts enthusiasts.
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Impact
July, 2024
The Alden Charitable Foundation Inc's impact is focused on cultivating, promoting, and developing understanding of and public interest in theatre, dance, music, and the performing arts. The organization produces and presents public performances in these fields, with a particular focus on comedy and talent shows. Additionally, the foundation supports various 501(c)(3) charities and schools throughout the country that promote the performing arts and the education of children in this field. Through its efforts, Alden Charitable Foundation Inc contributes to the enrichment of society through the arts.
This information is meant to be a general summary of Alden Charitable Foundation 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.
- Investment Income: $49,679
- Program Service Revenue: $2,540,287
- Gross Receipts: $2,589,966
Assets and Liabilities:
- Total Assets: $2,218,810
- Total Liabilities: $0
- Net Assets: $2,218,810
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PERFORMANCE REVENUE
Revenue
$2,540,287
Organization Details
Founding Year
2018
Phone
(203) 533-5867Principal Officer
Brian Alden
Main Address
2496 BOSTON POST ROAD, GUILFORD, CT, 06437
NTEE Category
Code: A12 - Arts
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