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Beads For Education Inc

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

EIN: 201212609 ✦ Brookfield, CT ✦ Designated as a 501(c)(3)

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Overview

What is Beads For Education Inc?

Beads For Education Inc is a nonprofit organization based in Brookfield, Connecticut. Their primary focus is on offering educational opportunities to economically disadvantaged women in Kenya, who might not otherwise have access to such resources. They achieve this by providing scholarships for primary, secondary, and college-level students in Kenya, based on financial need and/or academic merit. High school graduates can also participate in a one-year internship, where they teach elementary students from local communities. Upon completion of the internship, these individuals qualify for college scholarships. The organization operates under the mission of empowering underprivileged women through education, thereby contributing to their personal growth and societal development in Kenya.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 82% (Three-Star out of Four Star Rating)

Beads For Education Inc has earned a solid Three-Star rating from Charity Navigator, reflecting an accountability and finance score of 82%. This score emphasizes the organization's fiscal responsibility, with 90.62% of its expenses dedicated to programs, ensuring that donations are effectively utilized to support education for over 300 Kenyan girls. The organization benefits from a predominantly independent board, which strengthens its governance and oversight.

User feedback highlights the impactful work of Beads For Education, with many volunteers and sponsors praising the organization for its direct influence on the lives of the young women it serves. Testimonials consistently mention the dedication of founder Debby Rooney and her team in providing educational opportunities and fostering relationships between sponsors and students. The focus on critical thinking and creative learning is particularly appreciated, as it aligns with the evolving needs of education in Kenya.

While the reviews are overwhelmingly positive, the organization is recognized for its grassroots approach and focus on essential educational outcomes, rather than large-scale marketing or overhead costs. This efficiency is noted as a significant strength, though it may limit broader visibility compared to larger nonprofits. Overall, Beads For Education is seen as a well-run organization with a profound impact on its community and a commitment to the future of its students.


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

Is Beads For Education Inc legitimate?

Beads For Education Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Beads For Education 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: $137,332

For more financial information, click here

What is the mission statement of Beads For Education Inc?

Beads For Education Inc's mission is centered around providing educational opportunities to financially disadvantaged women in Kenya. The organization extends financial aid in the form of school and boarding fees for students at primary, secondary, and college levels, based on their financial needs or academic merit. Upon completing their high school education, these students are offered a one-year internship within the program, where they teach elementary students from local communities. Upon successful completion of this internship, they become eligible for college scholarships. In essence, Beads For Education Inc is committed to opening doors to education for underprivileged women in Kenya, empowering them with knowledge and opportunities.

Who is the CEO of Beads For Education Inc?

Deborah Rooney is the President of Beads For Education Inc.

What is the revenue of Beads For Education Inc?

Beads For Education Inc's revenue in 2022 was $511,960.

Who are the executives of Beads For Education Inc and what are their salaries?


Here are 12 key members and their salaries:


Linda Craig (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey Elefante (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Helen Gichohi (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
C Marshall Gorman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bernhard Heersink (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sue Heersink (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Irene Katete (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sue Little (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Macht (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cynthia Moss (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deborah Rooney (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Rooney (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Beads For Education Inc?

Beads For Education Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Beads For Education Inc

Beads For Education Inc, a nonprofit organization, is dedicated to extending educational opportunities to low-income women in Kenya. This mission is particularly significant as these opportunities are often beyond their financial reach or merit. The organization accomplishes this mission through various means. One of its key strategies is providing scholarships, funding school and boarding fees for Kenyan students at primary, secondary, and college levels. These scholarships are awarded based on both financial need and academic merit.

The organization also includes an internship program for high school graduates. These graduates intern with Beads For Education Inc for a year, teaching elementary students from local communities. Upon completion of their internship, they are eligible for college scholarships. This cycle of education and mentorship not only empowers individual women but also contributes to the broader community by fostering knowledge and skills. By offering these opportunities, Beads For Education Inc is making a substantial impact on the lives of low-income women in Kenya, enabling them to pursue their education and improve their prospects.

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Impact




July, 2024

Beads For Education Inc has a significant impact by providing education opportunities to low-income women in Kenya that are not otherwise available to them. The organization offers scholarships that cover school and boarding fees for primary, secondary, and college-level Kenyan students based on financial need and/or academic merit. High school graduates also have the opportunity to intern with the program for one year, where they teach elementary students from local communities. Upon completion of the internship, they qualify for a college scholarship. Through these initiatives, Beads For Education Inc is empowering women in Kenya by giving them access to education and the opportunity to create a better future for themselves and their communities.




This information is meant to be a general summary of Beads For Education 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
$511,960 (2022)
Expenses
$392,614 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $511,960

Assets and Liabilities:

  • Total Assets: $825,031
  • Total Liabilities: $12,601
  • Net Assets: $812,430

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Organization Details

Founding Year

2004

Principal Officer

Deborah Rooney

Main Address

C/O DEBBY ROONEY PO BOX 784, BROOKFIELD, CT, 06840

NTEE Category

Code: B82 - Education

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