Overview
What is Patkai Foundation Inc?
Patkai Foundation Inc, based in Afton, Virginia, is a nonprofit organization devoted to empowering the people of Indo-Burma. They achieve this goal primarily through Christian education, offering opportunities at Patkai College and Patkai Academy within their region. Furthermore, they extend their support by providing tuition aid for graduate students pursuing their studies in the United States. This holistic approach to education aims to uplift and broaden the horizons of individuals within Indo-Burma, contributing to their personal and community growth.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73% (Two-Star out of Four Star rating)
Patkai Foundation Inc has earned a Two-Star rating from Charity Navigator, indicating a moderate level of performance in accountability and finance. The overall score is based solely on a single beacon score, demonstrating a focus on financial practices rather than programmatic outcomes. The charity’s strong points include a perfect score for having a fully independent board, with 100% of its members meeting this criterion, which is indicative of good governance.
In terms of financial health, the organization has shown impressive results, such as a liabilities to assets ratio of 0.00%, meaning it has no debt, and a program expense ratio of 96.50%, suggesting that almost all of its expenditures directly support its programs. This level of commitment to program funding reflects positively on its operational priorities and suggests effective use of donor contributions.
While the foundation demonstrates strong governance and financial health, the absence of a broader performance evaluation could limit a more comprehensive understanding of its overall impact. Stakeholders may benefit from additional details regarding the outcomes of its programs and initiatives to better assess the charity's effectiveness in meeting its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Patkai Foundation Inc legitimate?
Patkai Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Patkai 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Patkai Foundation Inc?
The Patkai Foundation Inc's mission is centered around offering educational opportunities to the population of Indo-Burma. This is accomplished through Patkai College and Patkai Academy, providing a platform for Christian education within the region. Additionally, the foundation extends its support by offering tuition assistance for graduate students pursuing their studies in the United States.
Who is the CEO of Patkai Foundation Inc?
David Thacker is the Board Member of Patkai Foundation Inc.
What is the revenue of Patkai Foundation Inc?
Patkai Foundation Inc's revenue in 2023 was $37,009.
Who are the executives of Patkai Foundation Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Patkai Foundation Inc?
Patkai Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Patkai Foundation Inc
Patkai Foundation, a nonprofit organization, is committed to providing the people of Indo-Burma with access to Christian education. It achieves this mission by operating Patkai College and Patkai Academy, providing a learning environment within Indo-Burma. Moreover, the foundation extends its educational support beyond the region by offering tuition assistance to graduate students pursuing their studies in the United States. In essence, Patkai Foundation's mission is to bridge the educational gap for individuals in Indo-Burma and facilitate their higher education opportunities, thereby fostering personal growth and development.
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Impact
August, 2024
Patkai Foundation Inc's impact is deeply felt in the region of Indo-Burma through its provision of opportunities for Christian education at Patkai College and Patkai Academy. Additionally, the foundation offers tuition assistance to graduate students in the United States, enabling individuals to further their education and pursue their academic goals. Through these initiatives, Patkai Foundation is empowering individuals in the community by providing them with access to quality education and support to achieve their educational aspirations.
This information is meant to be a general summary of Patkai 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 2023.
- Gross Receipts: $37,009
Assets and Liabilities:
- Total Assets: $327,944
- Total Liabilities: $0
- Net Assets: $327,944
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Organization Details
Founding Year
1970
Phone
(540) 456-7111Principal Officer
David Thacker
Main Address
10460 Critzer Shop Road, Afton, VA, 22920
NTEE Category
Code: B42I - Education
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