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Alliance For Education Foundation Inc

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

EIN: 831317787 ✦ Philadelphia, PA ✦ Designated as a 501(c)(3)

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Overview

What is Alliance For Education Foundation Inc?

Alliance For Education Foundation Inc, based in Philadelphia, Pennsylvania, is a supporting organization for Alliance for Progress Charter School. Its primary role is to engage in activities that the school would typically undertake on its own, such as managing assets, providing services like fundraising, and participating in community development projects, including the development and operation of facilities to serve as a charter school. The foundation's mission is to support the mission and activities of Alliance for Progress Charter School, contributing to its educational and training programs and making charitable donations to further its goals.

Is Alliance For Education Foundation Inc legitimate?

Alliance For Education Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Alliance For Education 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

For more financial information, click here

What is the mission statement of Alliance For Education Foundation Inc?

The Alliance for Education Foundation Inc. has a mission to support the mission and activities of Alliance for Progress Charter School. To achieve this, the foundation engages in various activities such as managing assets, providing fundraising services, and engaging in community development activities, particularly the development and operation of facilities to serve as a charter school. Additionally, the foundation makes charitable donations and other charitable transfers to support the educational and training programs of Alliance for Progress Charter School. Overall, the Alliance for Education Foundation Inc. aims to contribute to the success of Alliance for Progress Charter School in providing quality education and training.

Who is the CEO of Alliance For Education Foundation Inc?

Bernard Savage is the President of Alliance For Education Foundation Inc.

What is the revenue of Alliance For Education Foundation Inc?

Alliance For Education Foundation Inc's revenue in 2022 was $826,878.

Who are the executives of Alliance For Education Foundation Inc and what are their salaries?

There 3 volunteers at Alliance For Education Foundation Inc.


Here are 3 key members and their salaries:


Bernard Savage (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Kenneth Scott (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shalimar Thomas (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Alliance For Education Foundation Inc?

Alliance For Education Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Alliance For Education Foundation Inc

The Alliance for Education Foundation Inc, serving as a supporting organization for Alliance for Progress Charter School, is committed to advancing its mission and activities. The foundation's primary objective is to engage in activities that the charter school would typically undertake on its own, such as fundraising and managing assets, to bolster its educational and training programs. Beyond this, the Alliance for Education Foundation Inc also partakes in community development activities, primarily focusing on the development and operation of facilities to serve as a charter school for Alliance. Furthermore, the foundation extends charitable donations and transfers to the charter school, demonstrating its unwavering support for its mission.

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Impact




October, 2024

Alliance For Education Foundation Inc significantly impacts the educational landscape by supporting the mission and activities of Alliance for Progress Charter School. Through effective asset management and service provision, the Foundation undertakes activities such as fundraising to bolster educational and training programs. Additionally, it engages in community development efforts, focusing on the development and operation of facilities that serve the school's needs.

By facilitating charitable donations and transfers to Alliance, the Foundation ensures that necessary resources are directed towards improving educational opportunities for students. This support enhances the overall learning environment, contributing to better educational outcomes and community engagement in Philadelphia. Through its initiatives, the Foundation plays a vital role in shaping a brighter future for students and the community by prioritizing education as a key driver of progress.




This information is meant to be a general summary of Alliance For Education 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.

Revenue
$826,878 (2022)
Expenses
$1,247,695 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $647
  • Gross Receipts: $826,878

Assets and Liabilities:

  • Total Assets: $16,723,738
  • Total Liabilities: $18,722,564
  • Net Assets: -$1,998,826

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Organization Details

Founding Year

2018

Principal Officer

Bernard Savage

Main Address

1722 CECIL B MOORE AVE, PHILADELPHIA, PA, 19121

NTEE Category

Code: B11 - Education

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