Cetana Educational Foundation Inc
- Assets
- $273.6k
- Revenue
- $117.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Princeton, NJ
- Founding
- 01/1993
- Data as of
- 12/2022
- EIN
- 22-3166684
Organization Overview
Cetana Educational Foundation Inc is located in Princeton, NJ. The organization was established in 1993. According to its NTEE Classification (Q22) the organization is classified as: International Academic Exchange, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cetana Educational Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Cetana Educational Foundation Inc generated $117.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.5%) each year. All expenses for the organization totaled $119.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT EDUCATIONAL OPPORTUNITES FOR MYANMAR STUDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDES COMMITMENTS TO STUDENTS IN MYANMAR TO STUDY ABROAD IN THE US, THAILAND AND OTHER SOUTHEAST ASIAN UNIVERSITIES. THESE COMMITMENTS RANGE FROM TWO TO FOUR YEARS, AND ARE CONTINGENT ON CONTINUED STUDENT ENROLLMENT, SATISFACTORY PERFORMANCE, AND A COMMITMENT TO RETURN TO MYANMAR FOR A MINIMUM OF THREE YEARS TO WORK IN THEIR FIELD OF STUDY. THE ORGANIZATION SPONSORS STUDENTS BY PROVIDING SUPPORT FOR TUITION, ROOM, BOARD AND TRAVEL EXPENSES. IN ADDITION, CETANA PROVIDED LOCAL EDUCATIONAL AND LEADERSHIP TRAINING AT ITS TWO YANGON-BASED ENGLISH LANGUAGE CENTERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marisa Charles Trustee | Trustee | 1 | $0 |
Katharine Sakenfeld Trustee | Trustee | 1 | $0 |
Nancy James Trustee | Trustee | 1 | $0 |
Stephen James Trustee | Trustee | 1 | $0 |
Lois Dickason Young Co-President | OfficerTrustee | 2 | $0 |
Myat Myat Mon Vice President | OfficerTrustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $117,188 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $117,188 |
| Total Program Service Revenue | $0 |
| Investment income | $59 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $117,247 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $101,867 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,266 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $12,105 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $940 |
| All other expenses | $2,790 |
| Total functional expenses | $119,839 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $216,388 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $57,199 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $273,587 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $47,902 |
| Net assets with donor restrictions | $225,685 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $273,587 |