Overview
What is Tserings Fund?
Tserings Fund is a nonprofit organization that dedicates its resources to supporting the education of underprivileged Nepali children through international relief programs. The organization's mission is to cover tuition fees and additional expenses, ensuring these children have access to quality education. By doing so, Tserings Fund aims to make a significant impact on their lives and contribute to their overall development. The organization's website provides further information about its activities and initiatives.
Official website here: www.tseringsfund.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Star rating (70%)
Tserings Fund has received a two-star rating from Charity Navigator, indicating a need for improvement in their overall operations. The organization has a moderate score of 70%, reflecting both strengths and weaknesses in their accountability and financial management. While they demonstrate a strong program expense ratio of 99.94%, indicating effective allocation of funds towards their mission, their governance structure raises concerns, particularly with 0% independent board members.
The organization has established policies in several areas, such as conflict of interest and whistleblower protections, contributing positively to their accountability framework. They have also successfully ensured that their financial statements are accessible on their website, which is a beneficial practice for transparency. However, the lack of independent board members and the absence of financial statements significantly detracts from their overall score, suggesting a need for better governance practices.
Overall, Tserings Fund shows a commitment to effective programming, but significant improvements in governance and financial transparency are necessary for enhancing their accountability and gaining greater trust from donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Tserings Fund legitimate?
Tserings Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tserings Fund 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
For more financial information, click here
Official website here: www.tseringsfund.org/
What is the mission statement of Tserings Fund?
The Tserings Fund, in its mission, focuses on assisting financially disadvantaged Nepali children by covering their educational expenses. This is achieved through the organization's international relief programs. The primary goal is to ensure that these children have access to quality education, thereby offering them an opportunity to improve their lives and future prospects. The Tserings Fund does not disclose further details about its mission statement in the provided information.
Official website here: www.tseringsfund.org/
Who is the CEO of Tserings Fund?
Peter J Schmieding is the Director of Tserings Fund.
Official website here: www.tseringsfund.org/
What is the revenue of Tserings Fund?
Tserings Fund's revenue in 2022 was $594,499.
Official website here: www.tseringsfund.org/
Who are the executives of Tserings Fund and what are their salaries?
Here are 4 key members and their salaries:
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- Other: $0
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- Other: $0
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Official website here: www.tseringsfund.org/
Where can I find the form 990 for Tserings Fund?
Tserings Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.tseringsfund.org/
Learn more at the official website: www.tseringsfund.org/
Mission Statement of Tserings Fund
The Tserings Fund is an organization dedicated to supporting the education of impoverished children from Nepal. Through its international relief programs, this nonprofit provides the necessary tuition and expenses for these children to attend school. By doing so, Tserings Fund aims to provide these children with the opportunity to improve their lives and break the cycle of poverty. This mission is crucial in ensuring that every child, regardless of their financial situation, has the chance to acquire a quality education.
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Impact
July, 2024
Tserings Fund has a significant impact on the lives of poor Nepali children by providing them with tuition and expenses for their education through international relief programs. This enables these children to access educational opportunities that they might otherwise not have had, offering them the chance for a better future and improved prospects. Through its mission-driven work, Tserings Fund is making a direct and positive difference in the lives of these children, helping to break the cycle of poverty and create lasting change.
This information is meant to be a general summary of Tserings Fund. 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: $19,155
- Gross Receipts: $594,499
Assets and Liabilities:
- Total Assets: $638,593
- Total Liabilities: $0
- Net Assets: $638,593
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Organization Details
Founding Year
2008
Phone
(406) 995-2510Principal Officer
Peter J Schmieding
Main Address
47520 GALLATIN ROAD RM/STE 1B, GALLATIN GATEWAY, MT, 597308635
Website
www.tseringsfund.org/NTEE Category
Code: Q33 - International
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