Tanzania Education Fund Inc
- Assets
- $235.7k
- Revenue
- $70.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Vienna, VA
- Founding
- 08/2000
- Data as of
- 12/2021
- EIN
- 54-1989754
Organization Overview
Tanzania Education Fund Inc is located in Vienna, VA. The organization was established in 2000. According to its NTEE Classification (Q30) the organization is classified as: International Development, 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. Tanzania Education Fund 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 12/2021, Tanzania Education Fund Inc generated $70.0k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $77.1k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDING SUPPORT IN BUILDING AND OPERATING A SCHOOL IN BAGAMOYO, TANZANIA
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION SENT $73,992 TO THE SCHOOL IN TANZANIA IN 2021 TO PROVIDE OPERATING & BUILDING SUPPORT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Carney Vice President | OfficerTrustee | 1 | $0 |
Daphne Sloan Executive Director | OfficerTrustee | 20 | $0 |
Colleen Mccarthy Secretary | OfficerTrustee | 3 | $0 |
Barbara Bogue President | OfficerTrustee | 15 | $0 |
Cynthia Pearson Treasurer | OfficerTrustee | 2 | $0 |
Melissa Storm Edmiston Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $3,819 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $61,433 |
| Noncash contributions included in lines 1a–1f | $4,159 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $65,252 |
| Total Program Service Revenue | $0 |
| Investment income | $3,755 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,042 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $70,049 |
| 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 | $0 |
| 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 | $2,500 |
| 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 | $0 |
| 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 | $0 |
| All other expenses | $258 |
| Total functional expenses | $77,055 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2 |
| Savings and temporary cash investments | $117,908 |
| Pledges and grants receivable | $0 |
| 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 | $117,577 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $239 |
| Total assets | $235,726 |
| 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 | $235,726 |
| Net assets with donor restrictions | $0 |
| 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 | $235,726 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Tanzania Education Fund Inc has recieved totaling $2,197.
| Awarding Organization | Amount |
|---|---|
Ge Foundation Norwalk, CT PURPOSE: MATCHING GIFTS | $2,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $197 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Grameen Foundation Usa Washington, DC | $9,173,315 | $10,651,686 |
United States Energy Association Inc Washington, DC | $6,320,815 | $9,749,821 |
Partnersglobal Washington, DC | $1,900,053 | $8,394,776 |
Advocates For Youth Washington, DC | $11,942,628 | $9,825,942 |
Christian Blind Mission International Inc Washington, DC | $7,095,410 | $7,862,052 |
Sudan Relief Fund Inc Washington, DC | $6,045,228 | $7,937,721 |
Development Gateway Inc Washington, DC | $10,738,126 | $7,356,875 |
The Bill Gatton Foundation Bristol, TN | $0 | $23,969,446 |
Curamericas Global Inc Raleigh, NC | $1,269,317 | $7,228,870 |
Invisible Children Inc Washington, DC | $209,142 | $6,617,286 |
A M G International Chattanooga, TN | $17,555,584 | $9,364,805 |
Spirit Of America Worldwide Arlington, VA | $11,674,125 | $9,682,917 |