Namaste Childrens Fund is located in Seattle, WA. The organization was established in 2008. According to its NTEE Classification (Q33) the organization is classified as: International Relief, 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. Namaste Childrens Fund 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 12/2023, Namaste Childrens Fund generated $182.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.6% each year. All expenses for the organization totaled $148.1k during the year ending 12/2023. While expenses have increased by 3.8% per year over the past 8 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
HELPING UNDERPRIVILEGED PEOPLE, MAINLY WOMEN AND CHILDREN IN THE REMOTE, UNDERSERVED REGIONS OF NEPAL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SIMIKOT SCHOOL AND HOSTELTHIS IS A HOSTEL AND SCHOOL IN THE REMOTE TOWN OF SIMIKOT (HUMLA REGION) THAT HOUSES 50 YOUNG GIRLS AGES FROM 5 OR 6 TO 15 YEARS OLD. THEY LIVE AND GO TO SCHOOL ON THE PREMISES. THERE IS TEACHING STAFF (6-7 TEACHERS) , MATRON, 2 COOKS, SECURITY GUARD AND OTHERS ALL WORKING ON THIS PROJECT. WITHOUT THIS PROJECT MOST OF THE GIRLS WOULD HAVE LIMITED OR NO ACCESS TO SCHOOLING AND TWO GOOD MEALS PER DAY.
OTHER HOUSING AND TEACHING PROGRAMS.
LABORATORY SCHOOLBECAUSE OF THE EXPENSE OF OPERATING IN SIMIKOT AND THE LACK OF TEACHING RESOURCES IN THIS AREA WE TAKE THE SECONDARY GIRLS AFTER GRADE 5 OUT TO PHARPING AND THEY ATTEND THE LABORATORY SCHOOL. THERE ARE CURRENTLY 35 GIRLS IN THIS PROGRAM AND THE HOTEL AT PHARPING CAN ONLY HOUSE ABOUT 25 SO THE REST STAY IN THE LABORATORY BOARDING SCHOOL.
KIRTIPUR HOSTELHOUSES OVER 50 GIRLS AS THEY RECEIVE THEIR SECONDARY EDUCATION AT AN ENGLISH MEDIUM SCHOOL.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Philip Crean President | OfficerTrustee | 20 | $0 |
Cora Edmonds Secretary | OfficerTrustee | 20 | $0 |
Sandy Clark Director | Trustee | 4 | $0 |
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 | $173,576 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $173,576 |
Total Program Service Revenue | $0 |
Investment income | $9,343 |
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 | $182,919 |
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 | $10,902 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $1,907 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $340 |
Advertising and promotion | $0 |
Office expenses | $660 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $5,872 |
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 | $1,901 |
Insurance | $0 |
All other expenses | $917 |
Total functional expenses | $148,148 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $48,472 |
Savings and temporary cash investments | $180,266 |
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 | $320,204 |
Investments—publicly traded securities | $793,284 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,342,226 |
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 | $0 |
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 | $1,342,226 |
Total liabilities and net assets/fund balances | $1,342,226 |