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Passes our checks

Alabama One Aspire Foundation

EIN 84-3427199 · Tuscaloosa, AL

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthGood88 out of 100GovernanceFair50 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

OUTREACH TO UNDERPRIVILEGED MEMBERS OF THE COMMUNITY, ADVANCEMENT OF EDUCATION, AND FINANCIAL LITERACY EDUCATION.

Income
$171,771
Spending
$174,253
Spent on programs
95%
Reserves
23.6 months of spending
Largest source of income
donations and private grants, 98%
Employees
0
Volunteers
11

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

Good: 88 out of 100. Higher than 68% of charities in its peer group (philanthropy, under $250k).

  • Reserves

    35 of 35

    Spendable reserves would cover 23.6 months of spending.

  • Debt

    20 of 20

    It owes 0% of what it owns.

  • Living within its means

    8 of 15

    Spending exceeded income by 1% of income.

  • Income trend

    10 of 15

    Income fell 2% on the year before.

  • Spending floor

    15 of 15

    95% 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: 50 out of 100. Higher than 25% of charities in its peer group (philanthropy, under $250k).

  • Independent board

    25 of 25

    11 of 11 voting board members are independent.

  • Conflict of interest policy

    0 of 15

    Reports no written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    0 of 10

    Did not give the board a copy of this return before filing it.

  • No reported misuse

    10 of 10

    Reports 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 (6)
  1. $29,545 spent. SCHOLARSHIP PROGRAMS: THE FOUNDATION SPONSORS SEVERAL SCHOLARSHIP PROGRAMS TO HELP MEMBERS OF THE COMMUNITY PURSUE THEIR EDUCATIONAL DREAMS. SOME OF THESE ARE FACILITATED THROUGH VARIOUS LOCAL HIGHER EDUCATION INSTITUTIONS, AND CAN BE APPLIED FOR ON THOSE INSTITUTIONS WEBSITES. OTHERS CAN BE APPLIED FOR DIRECTLY AT AOCU. ALL CHECKS ARE WRITTEN DIRECTLY TO THE INSTITUTIONS AND MAILED TO THE STUDENTS. IN 2024, SCHOLARSHIPS TOTALLING $29,545 WERE ISSUED UNDER THIS PROGRAM.
  2. $3,725 spent. BRIDGE BUILDERS: BRINGS TOGETHER COMMUNITY LEADERS TO DISCUSS WAYS TO IMPROVE THE COMMUNITY WITH FINANCIAL WELLNESS IN EDUCATION.
  3. $128,165 spent. DONATIONS TO OTHER ORGANIZATIONS: THE FOUNDATION ALSO MAKES DONATIONS TO OTHER ORGANIZATIONS WHO ARE PARTNERING WITH THE FOUNDATION IN ITS MISSION. IN 2024, THIS RESULTED IN A DONATIONS OF $128,165 TO VARIOUS ORGANIZATIONS INCLUDING THE CRIMSON TIDE SCHOLARSHIP FUND, HABITAT FOR HUMANITY TUSCALOOSA, AND UNITED CEREBRAL PALSY OF WEST ALABAMA.
  4. $3,632 spent. FINANCIAL WELLNESS & SCHOOL EVENTS: FINANCIAL DISCUSSIONS WITH VARIOUS HIGH SCHOOLS AND ELEMENTARY SCHOOLS
  5. $250 spent. FAMILY$AVES: DESIGNED TO ELEVATE THE ENTIRE FAMILY THROUGH THE COMPLETION OF FINANCIAL WELLNESS AND PERSONAL GROWTH MODULES. THE PROGRAM WILL MATCH EACH FAMILY WITH A MENTOR AND OFFERS MONTHLY CLASSES & WORKSHOPS. FAMILY$AVES FEATURES A POINT-BASED SYSTEM TO REINFORCE THE PROGRAM'S VALUES AND PROVIDES ADDITIONAL OPPORTUNITIES TO ATTEND SEMINARS AND EARN FINANCIAL INCENTIVES.
  6. $601 spent. FINTALK ACADEMY: THE FOUNDATION'S COLLECTIVE EFFORT TO EXPAND OUR REACH WITH DIVERSE EVENTS AND PROGRAMS. THE FOUNDATION HOPES THAT WITH ADEQUATE FINANCIAL LITERACY, HEALTHIER FAMILY RELATIONSHIPS ARE CULTIVATED, STRONGER COMMUNITIES ARE BONDED, AND OUR OVERALL ECONOMY IS ENHANCED.FINTALK PODCAST IS A WEEKLY PODCAST, HOSTED BY JACQUIE JOHNSON, DESIGNED TO GIVE LISTENERS TOOLS NEEDED TO MAXIMIZE FINANCIAL OPPORTUNITIES AND ACHIEVE FINANCIAL SUCCESS.

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

  1. 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.

  2. 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 October 13, 2026.

  3. 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.

  4. 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.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since July 2020.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. 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 October 21, 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.