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Crosby Fund For Haitian Educ Inc

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

EIN: 201283220 ✦ Old lyme, CT ✦ Designated as a 501(c)(3)

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Overview

What is Crosby Fund For Haitian Educ Inc?

Crosby Fund For Haitian Educ Inc, located in Old Lyme, Connecticut, is a nonprofit organization dedicated to empowering academically gifted Haitian students. With a single employee, the organization provides financial aid for primary, secondary, and post-secondary education, enabling talented but financially disadvantaged students to attend school and pursue professional careers in Haiti. Additionally, the nonprofit offers education support to the region through initiatives such as tutoring, adult literacy programs, and academic seminars for students and teachers, aiming to uplift the educational landscape in Haiti.


Official website here: www.crosbyfund.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Stars)

The Crosby Fund for Haitian Education, Inc. has earned a remarkable Four-Star rating from Charity Navigator, indicating strong accountability and financial health. The organization excels in financial management, with a program expense ratio of 89.45%, ensuring that a significant portion of donations directly supports educational initiatives. Moreover, the charity boasts an independent board of directors and adheres to best practices in governance, such as having a conflict of interest policy and a whistleblower policy in place.

User feedback highlights the transformative impact the organization has had on the lives of its students. Founded out of a personal experience, the Crosby Fund now supports 155 students, providing them with financial assistance for schooling and necessary resources. Many students are studying in fields vital for Haiti's development, including medicine and engineering, and the organization has successfully graduated students who are now contributing to their communities.

However, there are challenges noted, including the need for increased funding to expand their reach and support more students. The devastating effects of the earthquake also disrupted their programs, yet the organization demonstrated resilience by ensuring that affected students returned to their studies. Overall, the Crosby Fund is recognized as a positive force for education in Haiti, crucial for breaking the cycle of poverty and fostering future leaders.


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

Is Crosby Fund For Haitian Educ Inc legitimate?

Crosby Fund For Haitian Educ Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Crosby Fund For Haitian Educ 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: $40,634

For more financial information, click here


Official website here: www.crosbyfund.org

What is the mission statement of Crosby Fund For Haitian Educ Inc?

The Crosby Fund for Haitian Educ Inc's mission is centered around providing academic scholarships for academically gifted Haitian students who may not otherwise have the opportunity to attend school. The aim is to prepare these students for professional careers within Haiti. Additionally, the organization offers educational support to the region through programs such as tutoring, adult literacy, and academic seminars for both students and teachers. This is done with the hope of fostering a more educated and skilled workforce in Haiti.


Official website here: www.crosbyfund.org

Who is the CEO of Crosby Fund For Haitian Educ Inc?

Rebecca T Crosby is the Trustee of Crosby Fund For Haitian Educ Inc.


Official website here: www.crosbyfund.org

What is the revenue of Crosby Fund For Haitian Educ Inc?

Crosby Fund For Haitian Educ Inc's revenue in 2023 was $733,159.


Official website here: www.crosbyfund.org

Who are the executives of Crosby Fund For Haitian Educ Inc and what are their salaries?

The average compensation at Crosby Fund For Haitian Educ Inc during 2023 was $40,634. There is 1 employee and 15 volunteers at Crosby Fund For Haitian Educ Inc.


Here are 8 key members and their salaries:


Dale Bernardoni (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Mcgannon (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
The Rev David W Good (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Juliann K Martel (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward Perkins (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Sherer (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frederick T Crosby (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rebecca T Crosby (Executive Di)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.crosbyfund.org

Where can I find the form 990 for Crosby Fund For Haitian Educ Inc?

Crosby Fund For Haitian Educ Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.crosbyfund.org

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

Mission Statement of Crosby Fund For Haitian Educ Inc

The Crosby Fund for Haitian Education Inc. is dedicated to providing scholarships for academically gifted Haitian students pursuing primary, secondary, and post-secondary education. These students, who would otherwise be unable to attend school, are being prepared for professional careers in Haiti. Beyond scholarships, the organization extends its reach to the broader community by offering educational support programs. These initiatives include tutoring, adult literacy courses, and academic seminars, aimed at both students and teachers, to promote learning and improve the education system in the region.

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Impact




August, 2024

Crosby Fund For Haitian Educ Inc's impact lies in providing scholarships for academically gifted Haitian students who would otherwise not have the opportunity to attend school. By offering support for primary, secondary, and post-secondary education, the organization aims to prepare these students for successful professional careers in Haiti. Additionally, Crosby Fund For Haitian Educ Inc contributes to education support in the region through programs such as tutoring, adult literacy initiatives, and academic seminars for both students and teachers. The organization's dedication to improving educational opportunities in Haiti reflects its commitment to empowering individuals and fostering development in the community.




This information is meant to be a general summary of Crosby Fund For Haitian Educ 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
$733,159 (2023)
Expenses
$815,328 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $7,167
  • Gross Receipts: $936,389

Assets and Liabilities:

  • Total Assets: $1,030,349
  • Total Liabilities: $0
  • Net Assets: $1,030,349

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Organization Details

Founding Year

2004

Principal Officer

Rebecca T Crosby

Main Address

19 BINNEY ROAD, OLD LYME, CT, 06371

NTEE Category

Code: Q33 - International

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