Overview
What is Cetana Educational Foundation Inc?
Cetana Educational Foundation Inc, located in Princeton, New Jersey, is a nonprofit organization committed to fostering educational opportunities for students from Myanmar. They offer scholarships for students to study abroad in the United States, Thailand, and other Southeast Asian universities, with durations ranging from two to four years. This is contingent on the students' continued enrollment, satisfactory performance, and a commitment to return to Myanmar for at least three years to contribute to their field of study. The organization covers tuition, room, board, and travel expenses for the students. Additionally, Cetana provides local educational and leadership training at its two English language centers in Yangon. Their mission is to support the educational growth of Myanmar students.
Official website here: www.cetana.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star rating.
Cetana Educational Foundation Inc has achieved a notable Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and finance with a score of 97%. This high rating indicates that the organization effectively manages its financial resources and maintains transparency in its operations. The overall score is derived solely from its accountability and finance metrics, highlighting the foundation's focus on sound financial practices.
The foundation demonstrates impressive governance, with a fully independent board comprising nine members, ensuring unbiased decision-making. Key policies such as conflict of interest, whistleblower, and document retention are in place, contributing to its high scores in these areas. Furthermore, Cetana maintains a favorable liabilities to assets ratio of 0.00%, suggesting excellent financial health and sustainability for its educational initiatives.
While the financial metrics are strong, there are no specific programmatic details available in the summary. However, the high program expense ratio of 78.56% indicates a significant portion of its budget is directed towards its educational programs, suggesting a focus on impactful outcomes. Overall, Cetana Educational Foundation Inc stands out for its accountability and effective financial management.
This AI summary has been generated from information found on Charity Navigator.
Is Cetana Educational Foundation Inc legitimate?
Cetana Educational Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cetana Educational Foundation 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.
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Official website here: www.cetana.org
What is the mission statement of Cetana Educational Foundation Inc?
The Cetana Educational Foundation Inc is committed to providing educational opportunities for students from Myanmar. This is achieved by offering scholarships to attend universities in the United States, Thailand, and other Southeast Asian countries. These scholarships, lasting between two to four years, are contingent on the student's continued enrollment, satisfactory performance, and a commitment to return to Myanmar for at least three years to work in their field of study. The organization supports the students financially, covering tuition, room, board, and travel expenses. Additionally, Cetana provides local educational and leadership training at its two English language centers based in Yangon.
Official website here: www.cetana.org
Who is the CEO of Cetana Educational Foundation Inc?
Myat Myat Mon is the Vice President of Cetana Educational Foundation Inc.
Official website here: www.cetana.org
What is the revenue of Cetana Educational Foundation Inc?
Cetana Educational Foundation Inc's revenue in 2022 was $117,247.
Official website here: www.cetana.org
Who are the executives of Cetana Educational Foundation Inc and what are their salaries?
There 9 volunteers at Cetana Educational Foundation Inc.
Here are 9 key members and their salaries:
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Official website here: www.cetana.org
Where can I find the form 990 for Cetana Educational Foundation Inc?
Cetana Educational Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cetana.org
Learn more at the official website: www.cetana.org
Mission Statement of Cetana Educational Foundation Inc
Cetana Educational Foundation Inc is dedicated to advancing educational opportunities for students in Myanmar. Their mission is centered around providing commitments to students who wish to study abroad, primarily in the United States, Thailand, and other Southeast Asian universities. These commitments span from two to four years, contingent on the student's continued enrollment, satisfactory performance, and a commitment to return to Myanmar for a minimum of three years to work in their field of study. The organization supports these students financially, covering tuition, room and board, and travel expenses. In addition to sponsoring students abroad, Cetana also provides local educational and leadership training at its two Yangon-based English language centers.
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Impact
October, 2024
Cetana Educational Foundation Inc significantly enhances educational opportunities for students in Myanmar by facilitating access to higher education abroad. By providing financial support for tuition, room, board, and travel expenses, Cetana enables students to study at universities in the U.S., Thailand, and other Southeast Asian countries. The foundation's commitment spans two to four years of educational support, contingent on student enrollment and performance, fostering a generation of well-trained professionals.
Moreover, Cetana's impact extends beyond overseas education. By requiring students to return to Myanmar and work in their field of study for at least three years, the foundation ensures that the knowledge and skills gained abroad contribute directly to the development of the local community. Additionally, Cetana supports local educational initiatives through its English language centers in Yangon, which provide valuable leadership training and skills development. This comprehensive approach not only equips students with an international education but also strengthens the academic and professional landscape in Myanmar, promoting sustainable growth and development within the country.
This information is meant to be a general summary of Cetana Educational Foundation 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: $59
- Gross Receipts: $117,247
Assets and Liabilities:
- Total Assets: $273,587
- Total Liabilities: $0
- Net Assets: $273,587
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Organization Details
Founding Year
1992
Principal Officer
Myat Myat Mon
Main Address
487 JEFFERSON ROAD, PRINCETON, NJ, 08540
Website
www.cetana.orgNTEE Category
Code: Q20 - International
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