Progressive Education In Nepal Foundation Inc
- Assets
- $13.9k
- Revenue
- $26.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Wellfleet, MA
- Founding
- 06/2019
- Data as of
- 12/2021
- EIN
- 83-2534024
Organization Overview
Progressive Education In Nepal Foundation Inc is located in Wellfleet, MA. The organization was established in 2019. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, 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. Progressive Education In Nepal 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 12/2021, Progressive Education In Nepal Foundation Inc generated $26.0k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 14.3% each year . All expenses for the organization totaled $17.1k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO SUSTAIN AND ENRICH INTELLECTUAL LIFE IN NEPAL. WE OFFER CASH SUPPORT TO EDUCATIONAL AND SCIENTIFIC SCHOOLS, COLLEGES AND COMMUNITY CENTERS, AND TEACHERS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Bruce Treasurer/clerk/director | 5 | $0 | |
Bertram Bruce President/director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $26,000 |
| Interest on Savings | $3 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $26,003 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $53 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $1,053 |
| Contributions, gifts, grants paid | $16,000 |
| Total expenses and disbursements | $17,053 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,948 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $13,948 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Progressive Education In Nepal Foundation Inc has awarded $16,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
COLLABORATIVE SCHOOLS NETWORK PURPOSE: CHARITABLE CONTRIBUTION | $15,000 |
TEACH NEPAL PURPOSE: CHARITABLE CONTRIBUTION | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Five Colleges Incorporated Amherst, MA | $34,378,872 | $10,361,692 |
Suny Impact Foundation Inc New York, NY | $1,805,430 | $8,847,404 |
Poughkeepsie Public School Teachers Asso Trust Fund Poughkeepsie, NY | $14,239,734 | $11,580,276 |
Meged Shomayim Airmont, NY | $573,750 | $8,461,954 |
Nli Usa Inc New York, NY | $11,341,396 | $10,639,057 |
Excellence Community Schools Inc Bronx, NY | $14,097,138 | $10,250,785 |
Futures In Education Brooklyn, NY | $11,663,497 | $8,970,011 |
National Center For Hebrew Language Charter School Excellence New York, NY | $4,301,333 | $7,260,290 |
Mccarton Foundation For Developmental Disabilities Inc Bronx, NY | $2,852,729 | $6,603,484 |
Prospect Schools Inc Brooklyn, NY | $3,261,917 | $6,213,918 |
Friends Of@brooklyn Laboratory Charter Schools Inc Brooklyn, NY | $20,397,240 | $6,569,238 |
Friends Of@prospect Schools Ny Inc Brooklyn, NY | $3,486,838 | $6,161,838 |