Friends Of Burma Inc

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

EIN: 205572384 ✦ Fort wayne, IN ✦ Designated as a 501(c)(3)

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Overview

What is Friends Of Burma Inc?

Friends of Burma Inc is a nonprofit organization situated in Fort Wayne, Indiana, with a specific focus on aiding the people of Burma (Myanmar). Their primary mission involves offering financial assistance through grants for the construction and maintenance of facilities in Christian educational institutions, including seminaries and theological schools. This support extends to institutions such as the Myanmar Institute of Theology (MIT) and Karen Baptist Theology Seminary. Beyond educational establishments, Friends of Burma Inc also engages in various charitable activities, providing relief, supporting orphans, and contributing to bible schools, libraries, and healthcare facilities. This includes offering scholarships, maintaining hospitals and clinics, and simultaneously working towards enhancing the overall well-being of the Burmese population.


Official website here: www.friensofburma.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 73%, Two-Star out of Four Stars

Friends Of Burma Inc has received a Two-Star rating from Charity Navigator, indicating a score of 73% based solely on its Accountability & Finance metrics. This score reflects the organization's strong adherence to financial practices but highlights some areas for improvement, particularly in governance policies. A significant aspect of the rating is the absence of a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which are critical for ensuring transparency and ethical governance.

Despite these limitations, the organization excels in several key areas. It boasts a fully independent board with 16 members, all of whom have no conflicts of interest, contributing to a sound governance structure. Additionally, Friends Of Burma Inc shows impressive financial management, with 96.51% of its expenses directed towards programs, signaling a strong commitment to maximizing its impact.

Overall, while Friends Of Burma Inc demonstrates strong program efficiency and governance in terms of board independence, the lack of certain key policies suggests that there is room for growth in establishing comprehensive governance frameworks. This could enhance stakeholder confidence and further strengthen the organization’s reputation.


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

Is Friends Of Burma Inc legitimate?

Friends Of Burma Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of Burma 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: $3,600
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.friensofburma.org

What is the mission statement of Friends Of Burma Inc?

Friends of Burma Inc, as a humanitarian organization, is committed to assisting the people of Burma (Myanmar). Their mission encompasses providing relief, supporting orphans, aiding bible schools and seminaries, funding libraries, offering student scholarships, enhancing healthcare services, and establishing hospitals and clinics. They extend their aid through various means, including constructing buildings and infrastructure for Christian educational institutions such as seminaries and theological schools. Their primary goal is to uplift the lives of the people in Burma (Myanmar) in various aspects, from education to healthcare.


Official website here: www.friensofburma.org

What is the revenue of Friends Of Burma Inc?

Friends Of Burma Inc's revenue in 2023 was $630,474.


Official website here: www.friensofburma.org

Who are the executives of Friends Of Burma Inc and what are their salaries?

There 16 volunteers at Friends Of Burma Inc.

Here are 5 key members and their salaries:


Dr Fom (Key Employee)
  • Compensation: $3,600
  • Related: $0
  • Other: $0
Neil Sowards (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adam Maung (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diana Sowards (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Htaw Htoo (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.friensofburma.org

Where can I find the form 990 for Friends Of Burma Inc?

Friends Of Burma Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.friensofburma.org

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

Mission Statement of Friends Of Burma Inc

Friends of Burma Inc, a nonprofit organization, is committed to aiding the people of Burma (Myanmar) in various ways. Their mission is multifaceted, encompassing relief efforts, support for orphans, the establishment and upkeep of bible schools and seminaries, libraries, the provision of student scholarships, healthcare services, and the operation of hospitals and clinics. By investing in these sectors, Friends of Burma Inc aims to improve the lives of the Burmese populace.

Specifically, the organization extends its help to Christian institutions in Burma, offering grants for the construction and improvement of buildings and infrastructure. Notable recipients of these grants include the Myanmar Institute of Theology (MIT) and Karen Baptist Theology Seminary. Through these initiatives, Friends of Burma Inc is making significant strides in contributing to the education and development of the Burmese community.

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Impact




July, 2024

Friends of Burma Inc has made a significant impact by providing vital support and resources to the people of Burma (Myanmar). Through various initiatives such as relief efforts, assistance for orphans, operation of bible schools and seminaries, establishment of libraries, provision of student scholarships, and support for healthcare services including hospitals and clinics, this organization has been instrumental in improving the lives of many individuals in need. Additionally, their focus on Christian education for institutions has resulted in grants being allocated to key institutions such as the Myanmar Institute of Theology and Karen Baptist Theology Seminary, enhancing educational opportunities and infrastructure in the region. The impact of Friends of Burma Inc extends beyond borders, embodying their commitment to making a positive difference internationally.




This information is meant to be a general summary of Friends Of Burma 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
$630,474 (2023)
Expenses
$733,330 (2023)
Efficiency

Other financial information:

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

  • Gross Receipts: $630,474

Assets and Liabilities:

  • Total Assets: $305,761
  • Total Liabilities: $0
  • Net Assets: $305,761

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Organization Details

Founding Year

2006

Principal Officer

Neil Sowards

NTEE Category

Code: Q30 - International

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