Overview
What is Tibetan Community Development Fund Inc?
Tibetan Community Development Fund Inc is a nonprofit organization situated in Washington D.C., specifically at 1228 17th Street NW. Their primary mission is to support Tibetan refugees, aiming to assist them in establishing themselves on both economic and cultural levels. To achieve this, they operate 30 weekend schools nationwide, serving around 1100 students and providing them with an opportunity to learn and preserve their Tibetan language and culture. This organization plays a vital role in preserving and promoting Tibetan heritage among its diaspora in the United States.
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 54%, One-Star out of Four Star rating.
The Tibetan Community Development Fund Inc has received a low rating of 54% from Charity Navigator, indicating significant areas for improvement, particularly in its financial management. While the organization demonstrates strong governance practices, with 100% independent board members and a solid conflict of interest policy, its financial ratios raise concerns. Specifically, the program expense ratio is only 15.54%, suggesting that a minimal portion of its funding is directed towards programs.
Despite strong scores in accountability measures such as audit oversight and material diversion of assets, the nonprofit's liabilities to assets ratio of 1.71% and the absence of its tax form on the website indicate a lack of financial transparency. This has contributed to its overall low score, signaling potential challenges in effectively managing resources.
While the organizational strengths in governance are commendable, the concerning financial ratios and lack of accessible financial documentation may deter potential donors from supporting the Tibetan Community Development Fund Inc. Improvements in these areas could enhance its credibility and effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Tibetan Community Development Fund Inc legitimate?
Tibetan Community Development Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tibetan Community Development Fund Inc submitted a form 990, 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Tibetan Community Development Fund Inc?
The Tibetan Community Development Fund Inc's mission is focused on aiding Tibetan refugees in their journey towards self-sufficiency, both economically and culturally. This is accomplished through various means, including the establishment of 30 weekend schools across the United States. These educational institutions provide instruction in the Tibetan language and culture to approximately 1100 students, thereby preserving and promoting their cultural heritage while also equipping them with essential skills for integration into their new environment.
Who is the CEO of Tibetan Community Development Fund Inc?
Penpa Tsering is the Principal Officer of Tibetan Community Development Fund Inc.
What is the revenue of Tibetan Community Development Fund Inc?
Tibetan Community Development Fund Inc's revenue in 2022 was $790,043.
Who are the executives of Tibetan Community Development Fund Inc and what are their salaries?
There 5 volunteers at Tibetan Community Development Fund Inc.
Here are 5 key members and their salaries:
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Where can I find the form 990 for Tibetan Community Development Fund Inc?
Tibetan Community Development Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Tibetan Community Development Fund Inc
Tibetan Community Development Fund Inc, a nonprofit organization, is dedicated to assisting Tibetan refugees in establishing themselves on both economic and cultural levels. The primary mission of this organization is to provide resources and opportunities that enable Tibetan refugees to preserve and maintain their cultural heritage while also integrating into their new environments. This is achieved through the operation of 30 weekend schools across the United States, which teach approximately 1100 students the Tibetan language and culture. By offering this education, Tibetan Community Development Fund Inc is helping to preserve the heritage of these refugees, while also equipping them with the tools they need to navigate their new lives in the United States. The organization's work is essential in supporting the well-being and success of Tibetan refugees, enabling them to maintain a strong connection to their cultural roots while also integrating into their new communities.
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Impact
October, 2024
Tibetan Community Development Fund Inc significantly impacts the lives of Tibetan refugees by providing essential support for their economic and cultural integration. Through its network of 30 weekend schools across the United States, the organization teaches approximately 1,100 students the Tibetan language and culture, fostering a strong sense of identity among younger generations. This educational initiative not only preserves Tibetan heritage but also equips students with the skills and knowledge needed to thrive in their new environment. By focusing on both economic empowerment and cultural education, the Fund plays a crucial role in helping Tibetan refugees establish stable and fulfilling lives in the U.S., ensuring that their rich cultural legacy is carried forward while they adapt to new challenges.
This information is meant to be a general summary of Tibetan Community Development Fund Inc. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $4,584
- Program Service Revenue: $1,320
- Gross Receipts: $790,043
Assets and Liabilities:
- Total Assets: $3,247,141
- Total Liabilities: $55,555
- Net Assets: $3,191,586
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Organization Details
Founding Year
2000
Phone
(212) 213-5010Principal Officer
Penpa Tsering
Main Address
1228 17th Street NW, WASHINGTON, DC, 20036
NTEE Category
Code: Q32 - International
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