nonprofit logo

Alpha Kappa Alpha Educational Advancement Foundation Inc

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

EIN: 363104692 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

Overview

What is Alpha Kappa Alpha Educational Advancement Foundation Inc?

Alpha Kappa Alpha Educational Advancement Foundation Inc is a nonprofit organization established to perpetually support Alpha Kappa Alpha Sorority Inc's commitment to education and lifelong learning. They achieve this by granting funds, fellowships, and scholarships. The foundation's mission is to ensure the continuous availability of educational resources, fostering a culture of learning that extends beyond initial education. The establishment of the Educational Advancement Foundation was a strategic move by Alpha Kappa Alpha Sorority Inc to ensure a perpetual source of educational support. The foundation's activities revolve around awarding grants, fellowships, and scholarships, thereby empowering individuals to pursue their educational goals. By doing so, the foundation contributes to the broader societal objective of promoting education and fostering personal growth.


Official website here: www.akaeaf.org

Is Alpha Kappa Alpha Educational Advancement Foundation Inc legitimate?

Alpha Kappa Alpha Educational Advancement Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Alpha Kappa Alpha Educational Advancement 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.

Here are some key statistics you may want to consider:

Executive Compensation: $160,635
Professional Fundraising Fees: $0
Other Salaries and Wages: $510,093

For more financial information, click here


Official website here: www.akaeaf.org

What is the mission statement of Alpha Kappa Alpha Educational Advancement Foundation Inc?

The Alpha Kappa Alpha Educational Advancement Foundation Inc. was established with the purpose of providing perpetual support to Alpha Kappa Alpha Sorority Inc.'s commitment to education and lifelong learning. This is achieved by granting, fellowships, and scholarships. The foundation's mission is to continually reinforce Alpha Kappa Alpha's dedication to education, promoting learning throughout one's life. By offering financial aid, the foundation enables individuals to pursue their educational goals, fostering a culture of learning and knowledge expansion.


Official website here: www.akaeaf.org

Who is the CEO of Alpha Kappa Alpha Educational Advancement Foundation Inc?

Erika V Everett is the Executive Dir. of Alpha Kappa Alpha Educational Advancement Foundation Inc.


Official website here: www.akaeaf.org

What is the revenue of Alpha Kappa Alpha Educational Advancement Foundation Inc?

Alpha Kappa Alpha Educational Advancement Foundation Inc's revenue in 2022 was $4,755,704.


Official website here: www.akaeaf.org

Who are the executives of Alpha Kappa Alpha Educational Advancement Foundation Inc and what are their salaries?

The average compensation at Alpha Kappa Alpha Educational Advancement Foundation Inc during 2022 was $83,841. There are 8 employees and 10 volunteers at Alpha Kappa Alpha Educational Advancement Foundation Inc.

Here are 15 key members and their salaries:

    Erika V Everett (Executive Dir.)
  • Compensation: $160,635
  • Related: $0
  • Other: $0

    • Danette Reed (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Charletta Wilson Jacks (1St Vp) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alysse Guerrier (2Nd Vp) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Glenda Glover (3Rd Vp) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carolyn Randolph (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Karla Hall (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mildred Carrethers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Leslie Daniel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lynn Farris (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jacquie Jordan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jenell Ross (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Martha Perine Beard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lorraine Griffin Johnson (Human Resource) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jacquelyn Lewis Young (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.akaeaf.org

    Where can I find the form 990 for Alpha Kappa Alpha Educational Advancement Foundation Inc?

    The Alpha Kappa Alpha Educational Advancement Foundation Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.akaeaf.org

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

    Mission Statement of Alpha Kappa Alpha Educational Advancement Foundation Inc

    The Alpha Kappa Alpha Educational Advancement Foundation Inc was established with a mission to perpetually uphold Alpha Kappa Alpha Sorority Inc.'s commitment to education and lifelong learning. This nonprofit organization achieves this mission by granting, awarding, and providing scholarships and fellowships. By doing so, it ensures that the value of education and continuous learning remains a cornerstone of Alpha Kappa Alpha Sorority Inc.'s services. The creation of the Educational Advancement Foundation serves as a testament to Alpha Kappa Alpha's dedication to fostering education and learning opportunities for individuals throughout their lives.

    Impact

    This information is meant to be a general summary of Alpha Kappa Alpha Educational Advancement Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Alpha Kappa Alpha Educational Advancement Foundation Inc's impact can be seen through its commitment to education and lifelong learning. By awarding grants, fellowships, and scholarships, the foundation ensures perpetual support for Alpha Kappa Alpha Sorority Inc.'s dedication to education. Creating the Educational Advancement Foundation was a strategic move to guarantee ongoing assistance for education, which is the sorority's oldest program of service. This impactful initiative not only empowers individuals through access to educational opportunities but also contributes to the broader goal of fostering academic success and personal development.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $-3,382,963
  • Program Service Revenue: $7,661
  • Gross Receipts: $4,755,704

    • Assets and Liabilities:
  • Total Assets: $22,974,963
  • Total Liabilities: $462,669
  • Net Assets: $22,512,294
  • Programs

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

    MEMBERSHIP SALES

    Revenue

    $7,661

    Organization Details

    Founding Year

    1980

    Principal Officer

    Erika V Everett

    Main Address

    5656 S STONY ISLAND AVENUE 3 FLR, CHICAGO, IL, 60637

    NTEE Category

    Code: B82Z - Education

    If you are a representative of Alpha Kappa Alpha Educational Advancement Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.