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Estonian Educational Society Inc

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

EIN: 135570706 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is Estonian Educational Society Inc?

Estonian Educational Society Inc, located at 243 East 34th Street, New York, NY 10016, is a volunteer-driven organization with a mission to foster and uphold Estonian culture in New York. Serving as a gathering place for Estonians from around the globe, this nonprofit aims to promote Estonian heritage and provide a platform for its community members. With a workforce of nine individuals, the organization remains committed to its goal and functions as a vital part of the Estonian diaspora in New York.


Official website here: www.estonianhousenewyork.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 76%, Three-Star out of Four Star Rating

The Estonian Educational Society Inc has received a Three-Star rating from Charity Navigator, indicating a fair level of accountability and financial health. The organization scores notably well in terms of independent board membership, with all board members being independent and a solid liabilities-to-assets ratio of only 0.05%. Additionally, a high program expense ratio of 89.5% reflects a strong commitment to their educational mission.

However, there are significant areas for improvement, particularly concerning governance policies. The Society is missing essential policies, including a conflict of interest policy, a whistleblower policy, and a document retention/destruction policy, which could affect transparency and accountability. These missing elements contributed to a lower overall rating despite their strengths in other areas.

Overall, while the Estonian Educational Society Inc demonstrates strong financial responsibility and a dedicated governance structure, addressing the gaps in their policies could enhance their credibility and effectiveness further. Continued focus on developing these essential governance practices will be important for building trust with stakeholders and ensuring long-term success.


This AI summary has been generated from information found on Charity Navigator.

Is Estonian Educational Society Inc legitimate?

Estonian Educational Society Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Estonian Educational Society 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: $4,560
Professional Fundraising Fees: $0
Other Salaries and Wages: $150,343

For more financial information, click here


Official website here: www.estonianhousenewyork.com

What is the mission statement of Estonian Educational Society Inc?

The Estonian Educational Society Inc, as a volunteer organization, is committed to promoting and preserving Estonian culture in a global context. Its primary goal is to serve as a gathering place for Estonians worldwide, fostering a sense of community and connection. The organization aims to further Estonian culture through various activities and events, providing a platform for Estonians to come together and celebrate their heritage.


Official website here: www.estonianhousenewyork.com

Who is the CEO of Estonian Educational Society Inc?

Carl Skonberg is the President of Estonian Educational Society Inc.


Official website here: www.estonianhousenewyork.com

What is the revenue of Estonian Educational Society Inc?

Estonian Educational Society Inc's revenue in 2022 was $187,250.


Official website here: www.estonianhousenewyork.com

Who are the executives of Estonian Educational Society Inc and what are their salaries?

The average compensation at Estonian Educational Society Inc during 2022 was $17,211. There are 9 employees and 25 volunteers at Estonian Educational Society Inc.


Here are 9 key members and their salaries:


Kaarel Laev (Treasurer)
  • Compensation: $4,560
  • Related: $0
  • Other: $0
Toomas M Sorra (Asst Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eve Saar (Ass Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martin Vahtra (Counselor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carl Skonberg (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tiina Jarver (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kairi Kunka (Counselor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Liisi Fletcher (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Argo Paumere (Counselor)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.estonianhousenewyork.com

Where can I find the form 990 for Estonian Educational Society Inc?

Estonian Educational Society Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.estonianhousenewyork.com

Learn more at the official website: www.estonianhousenewyork.com

Mission Statement of Estonian Educational Society Inc

The Estonian Educational Society Inc, a volunteer organization, is dedicated to fostering Estonian culture in New York. Serving as a gathering place for Estonians from around the world, this nonprofit aims to promote and preserve Estonian traditions and heritage in the heart of the Big Apple. By providing a platform for Estonians to connect, the Society aims to strengthen their sense of community and identity in a foreign land.

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Impact




October, 2024

Estonian Educational Society Inc plays a vital role in preserving and promoting Estonian culture in New York. By serving as a central meeting place for Estonians from around the world, it fosters a sense of community and belonging among its members. The organization organizes cultural events, workshops, and artistic activities that engage individuals and families, allowing them to connect with their heritage and share it with others.

Through its initiatives, the society enhances cultural awareness and appreciation for Estonian traditions, language, and arts within the broader New York community. In doing so, it not only nurtures the identity of Estonians living abroad but also contributes to a diverse cultural landscape in New York. The New York Estonian House stands as a beacon of cultural exchange, ensuring that the richness of Estonian culture continues to thrive and be celebrated.




This information is meant to be a general summary of Estonian Educational Society 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.

Revenue
$187,250 (2022)
Expenses
$455,340 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $66,679
  • Gross Receipts: $778,043

Assets and Liabilities:

  • Total Assets: $5,789,353
  • Total Liabilities: $3,317
  • Net Assets: $5,786,036

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Organization Details

Founding Year

1938

Principal Officer

Carl Skonberg

Main Address

243 EAST 34TH STREET, NEW YORK, NY, 10016

NTEE Category

Code: A23 - Arts

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