Alma Jean Foundation
Public records show a registered, tax-exempt organization in good standing.
What it says it does
THE ALMA JEAN FOUNDATION'S MISSION IS TO ADDRESS, EDUCATE, COORDINATE, AND PROVIDE RESOURCES TO PROMOTE THE IMPORTANCE OF ACADEMICS, LEADERSHIP, MENTORSHIP, AND ATHLETICS ON A LOCAL AND STATEWIDE LEVEL.
- Income
- $112,414
- Spending
- $97,218
- Spent on programs
- 97%
- Reserves
- 6.5 months of spending
- Largest source of income
- donations and private grants, 100%
- Employees
- 0
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 93 out of 100. Higher than 77% of charities in its peer group (education, under $250k).
Reserves
28 of 35Spendable reserves would cover 6.5 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
15 of 15Income exceeded spending by 14% of income.
Income trend
15 of 15Income rose 86% on the year before.
Spending floor
15 of 1597% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Fair: 60 out of 100. Higher than 46% of charities in its peer group (education, under $250k).
Independent board
18 of 254 of 4 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (2)
- $42,383 spent. EVERY YEAR, THE ALMA JEAN FOUNDATION WILL AWARD SCHOLARSHIPS TO STUDENTS WHO APPLY AND MEET THE NECESSARY REQUIREMENTS AND CRITERIA FOR SELECTION. THERE WILL BE REQUIREMENTS OF COMMUNITY INVOLVEMENT AND LEADERSHIP EFFORTS. SCHOLARSHIP AWARD AMOUNTS WILL BE BASED ON PARTICIPATION IN VARIOUS EVENTS THROUGHOUT THE SCHOLARS 4 YEARS OF HIGH SCHOOL. ALSO, THE SELECTION PROCESS WILL BE BASED ON INTEREST IN THE SCHOLARSHIP, LEADERSHIP QUALITIES ,ACADEMIC SCORES, AND A WRITTEN ESSAY. A SCHOLARSHIP REVIEW TEAM WILL BE FORMULATED TO EVALUATE EACH STUDENT APPLICANT AND SCHOLARSHIP AWARDS WILL BE BASED ON FUNDS BUDGETED FOR THE YEAR.
- $52,158 spent. THROUGHOUT THE YEAR, SPORTS CLINICS WILL BE PUT ON FOR CHILDREN AND YOUNG ADULTS FROM THE COMMUNITY WHO EXPRESS INTEREST IN PHYSICAL FITNESS AND SPORTS. THE AJF WILL FEATURE COLLEGE AND PROFESSIONAL PLAYERS TO GO THROUGH DRILLS FOR FITNESS, AGILITY, AND SPEED. ATTENDEES WILL BE SPLIT UP INTO GROUPS AND THEY WILL HAVE A CLASSROOM, FIELD TIME, AND ALSO WEIGHT ROOM TRAINING TIPS AND ADVICE.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since January 2020.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.