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Foresight Development International Incorporated

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 043565713 ✦ Bedford, MA ✦ Designated as a 501(c)(3)

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Overview

What is Foresight Development International Incorporated?

Foresight Development International Incorporated is a nonprofit organization that focuses on enhancing education, economic, and social development, as well as supporting Christian institutions, in underdeveloped nations, with a specific focus on Nepal. Their mission is driven by the aim of fostering growth and development in these areas, working tirelessly to make a positive impact in these less privileged regions.


Official website here: www.foresightdevelopment.org

Is Foresight Development International Incorporated legitimate?

Foresight Development International Incorporated is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foresight Development International Incorporated submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Official website here: www.foresightdevelopment.org

What is the mission statement of Foresight Development International Incorporated?

Foresight Development International Incorporated is committed to promoting education, economic development, and social advancement in underdeveloped nations, with a particular focus on Nepal. They also support Christian institutions in these regions. The organization's mission is to improve the lives of people in these countries by fostering educational opportunities, economic growth, and strengthening Christian institutions. By doing so, Foresight Development International aims to contribute to the betterment of less developed societies.


Official website here: www.foresightdevelopment.org

Who is the CEO of Foresight Development International Incorporated?

John Ratichek is the President of Foresight Development International Incorporated.


Official website here: www.foresightdevelopment.org

What is the revenue of Foresight Development International Incorporated?

Foresight Development International Incorporated's revenue in 2022 was $177,605.


Official website here: www.foresightdevelopment.org

Who are the executives of Foresight Development International Incorporated and what are their salaries?


Here are 4 key members and their salaries:


John Ratichek (President)
  • Compensation: $28,000
  • Related: $0
  • Other: $0
Stephen Hamilton (Clerk And Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Monaghan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ellen Ratichek (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.foresightdevelopment.org

Where can I find the form 990EZ for Foresight Development International Incorporated?

Foresight Development International Incorporated's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.foresightdevelopment.org

Learn more at the official website: www.foresightdevelopment.org

Mission Statement of Foresight Development International Incorporated

Foresight Development International, a nonprofit organization, is committed to promoting education, economic, and social development, as well as strengthening Christian institutions, primarily in underdeveloped nations, with a significant focus on Nepal. By taking on this mission, Foresight Development International aims to contribute positively to these less fortunate communities, fostering growth and improvement in various aspects of their lives. The organization's efforts are geared towards advancing opportunities and enhancing the well-being of individuals and institutions in these regions.

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Impact




October, 2024

Foresight Development International Incorporated significantly impacts education, economic, and social development in less developed countries, with a strong emphasis on Nepal. By advancing educational opportunities, the organization helps foster a knowledgeable populace that can contribute to the nation’s progress. Its initiatives in economic development support sustainable practices and create job opportunities, improving the overall quality of life for communities. Additionally, Foresight Development International strengthens Christian institutions, which play a vital role in promoting social cohesion and community support. Through its comprehensive approach, the organization not only addresses immediate needs but also invests in long-term sustainable growth and development in the regions it serves.




This information is meant to be a general summary of Foresight Development International Incorporated. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$177,605 (2022)
Expenses
$218,127 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $177,605

Assets and Liabilities:

  • Total Assets: $75,700
  • Total Liabilities: $0
  • Net Assets: $75,700

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Organization Details

Principal Officer

John Ratichek

Main Address

8 Daniels Drive, Bedford, MA, 01730

NTEE Category

Code: T30 - Philanthropy

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