Tesfa Foundation

Organization Overview

Tesfa Foundation is located in Minneapolis, MN. The organization was established in 2006. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tesfa Foundation 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 06/2022, Tesfa Foundation generated $263.8k in total revenue. All expenses for the organization totaled $154.4k during the year ending 06/2022. While expenses have increased by 22.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

SEE SCHEDULE O.THE TESFA FOUNDATION STRENGTHENS FAMILIES AND COMMUNITIES IN ETHIOPIA BY BUILDING, SUPPLYING, AND OPERATING KINDERGARTENS AND PRIMARY SCHOOLS; BY TRAINING TEACHERS, AND BY PROVIDING OPPORTUNITIES FOR YOUTH THROUGH SPORT FOR DEVELOPMENT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TESFA FOUNDATION WORKS PRIMARILY IN THE SOUTHERN NATIONS, NATIONALITIES, AND PEOPLES' REGION (SNNPR) OF ETHIOPIA IN THE ZONE OF KEMBATA-TEMBARO (POPULATION 680,837), SERVING THREE COMMUNITIES: KOLOLO, FUNDAME, AND AZEDEBO. WE CURRENTLY SERVE 750 STUDENTS IN PRESCHOOL/KINDERGARTEN THROUGH 4TH GRADE. FIVE DAYS PER WEEK FROM SEPTEMBER THROUGH JUNE, CHILDREN LEARN AMHARIC, ENGLISH, AND THEIR LOCAL LANGUAGE. OUR ALL-ETHIOPIAN STAFF ALSO TEACH THE STUDENTS MATHEMATICS, READING, SCIENCE, AND BASIC LIFE-SKILLS. AT THE START OF THE 2018-2019 SCHOOL YEAR, WE ADDED A SCHOOL LUNCH PROGRAM IN ALL THREE SCHOOLS.


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Board, Officers & Key Employees

Name (title)Compensation
Dana Roskey
Chair
$0
Lizbeth Moss
Secretary
$0
Scott Wolf
Treasurer
$0
Julie Corby
Director
$0
Lacey Yantis
Director
$0
Jonathon Moss
Director
$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$267,208
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$267,208
Total Program Service Revenue$0
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$3,361
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $263,847

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Tesfa Foundation has recieved totaling $43,142.

Awarding OrganizationAmount
Otto And Fran Walter Foundation Inc

Boothbay Harbor, ME

PURPOSE: TO FUND FEEDING PROGRAMS AT SCHOOLS IN ETHOPIA

$35,000
Evelyn E And Richard J Gunst Foundation

Richmond, VA

PURPOSE: GENERAL FUNDING

$8,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$142
View Grant Recipient Profile

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