Alpha Educational Fund of San Antonio Inc

Nonprofit profile at a glance

EIN
742419591
IRS 990-EZ coverage
2022–2024
Forms available
Form 990-EZ 2024, Form 990-N 2018
Location
San Antonio, TX, USA
Phone
2103864289
Rating
47
Verdict
MIXED
Rating confidence
Moderate

Reported finances

Revenue
$24,655
Expenses
$35,144
Assets
$14,909
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

12 people listed

People named in this filing

  • Alan Bohannon (Chairman)
  • Eddie Johnson III (Vice Chairman)
  • Orlando Coleman (Secretary)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To engage minority and underserved communities to promote equality and community development by encouraging social consciousness through mentorship, health/wellness, and higher education. The Apha Educational Foudnation's aims to focus on raising funding that contributes to the financial assistance of deserving young men, as well as organizing and conducting community education programs.

What it reported doing in 2024

Martin Luther King Jr. (MLK) Scholarship Breakfast: The MLK Breakfast is an annual event that raises funds to award scholarships to students who need assistance with educational costs. The event is in honor of the contributions of Dr. King in advocating equalty for people of color. This year the keynote speaker was Lieutenant General R. Scott Dingle. The Surgeon General and Commanding Geneal United States Army. His message centered around the advantages MLK brought to minorities and the need to persue educational opportunities and giving back to the community. The event was educational, entertaining and provided awareness for unity in communites. The event was attended by 200 persons.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Grant intermediary. The nonprofit sent 98% of its reported program spending out as grants.

The verdict

MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 26
  • Transparency & Controls: 82
  • Sustainability: 29
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 29.3%; rating input score 29
  • Program expense ratio: 20.5%; rating input score 21

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -42.5%; rating input score 14; 14th percentile among comparable filings
  • Total-asset coverage ratio: 0.42; rating input score 27; 27th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -85.5% per year; rating input score 0; 4th percentile among comparable filings
  • Revenue growth: -5.9% per year; rating input score 0; 32nd percentile among comparable filings
  • Asset growth: -42.9% per year; rating input score 0; 5th percentile among comparable filings

Details

  • Where the money goes: 29.3% of revenue deployed · 20.5% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $7K in reported program spending
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 29/100.
  • High — Financial Efficiency: Program expense ratio scored 21/100.
  • High — Sustainability: Operating margin scored 14/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 27/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.