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Trust Funds For All Children Inc

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

EIN: 274034763 ✦ Shutesbury, MA ✦ Designated as a 501(c)(3)

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Overview

What is Trust Funds For All Children Inc?

Trust Funds for All Children Inc is a nonprofit organization based in Shutesbury, Massachusetts. Their primary mission is to provide aid and support to the Foyer Evangélique Orphanage in Haiti, overseen by Pastor Duckens. This involves supplying daily necessities such as food and medical care. Beyond this, they also engage in various other activities, including funding for children's trust funds, writing books, supporting UN goals, community building, and providing educational podcasts. Their work also extends to supporting UN goals and providing educational resources.


Official website here: www.tfac.earth

What are the reviews and ratings of this charity?

**Trust Funds For All Children Inc (EIN: 274034763) - Rating: 77% (Three-Star out of Four Stars)**

Trust Funds For All Children Inc received a Three-Star rating from Charity Navigator, which indicates a moderate level of accountability and financial health. The score stems entirely from accountability metrics, particularly noting a fully independent board composition. However, certain areas, such as the lack of financial statements and the absence of a whistleblower policy, hinder the overall score, emphasizing the need for improved transparency.

The organization excels in maintaining a low liabilities-to-assets ratio and high program expense ratio, suggesting that a significant portion of its funding is directed towards its mission. However, the effectiveness in fundraising is rated poorly, indicating challenges in generating donations efficiently. While there are many positive elements in financial management, there is room for improvement in organizational policies to enhance stakeholder trust.

Unfortunately, user reviews from GreatNonprofits could not be fetched, leaving a gap in broader public sentiment about the organization’s impact and community engagement. Overall, while Trust Funds For All Children Inc demonstrates strong financial discipline, it may benefit from enhanced transparency and fundraising practices to improve its operational effectiveness.


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

Is Trust Funds For All Children Inc legitimate?

Trust Funds For All Children Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Trust Funds For All Children 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

For more financial information, click here


Official website here: www.tfac.earth

What is the mission statement of Trust Funds For All Children Inc?

Trust Funds For All Children Inc is committed to providing funding for various initiatives, including an orphanage in Haiti, supporting UN goals, community building, and offering educational podcasts. Their mission encompasses providing trust funds for children and writing books to promote their cause. Additionally, the organization dedicates resources to community building and offers educational content through podcasts. A notable project of theirs is the Haiti Orphanage Project, which aims to meet the daily needs of the Foyer Evangélique Orphanage in Haiti.


Official website here: www.tfac.earth

Who is the CEO of Trust Funds For All Children Inc?

Terry Molner is the President of Trust Funds For All Children Inc.


Official website here: www.tfac.earth

What is the revenue of Trust Funds For All Children Inc?

Trust Funds For All Children Inc's revenue in 2023 was $8,302,585.


Official website here: www.tfac.earth

Who are the executives of Trust Funds For All Children Inc and what are their salaries?


Here are 3 key members and their salaries:


Terry Mollner (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Broucek (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Corbett (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.tfac.earth

Where can I find the form 990 for Trust Funds For All Children Inc?

Trust Funds For All Children Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.tfac.earth

Learn more at the official website: www.tfac.earth

Mission Statement of Trust Funds For All Children Inc

Trust Funds For All Children Inc, as a nonprofit organization, is dedicated to several key initiatives. Primarily, it aims to provide funding for an orphanage in Haiti, known as the Foyer Evangélique Orphanage, ensuring the daily needs of the children there are met, including food and medical care. Beyond this, the organization has a broader mission. It also focuses on writing books, supporting the United Nations' goals, community building, and providing educational podcasts. Furthermore, Trust Funds For All Children Inc is committed to providing support for children's trust funds, and it promotes community development efforts. In essence, this nonprofit seeks to make a positive impact on the lives of children both locally and internationally, while also advocating for global goals.

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Impact




October, 2024

Trust Funds For All Children Inc. has made a significant impact by providing essential support to the Foyer Evangelique Orphanage in Haiti. By funding daily food, medical care, and other critical needs, the organization helps improve the quality of life for children who rely on the orphanage.

In addition to direct support for the orphanage, Trust Funds for All Children Inc. promotes community building and educational initiatives. They create and distribute educational podcasts, which offer valuable learning resources and knowledge to both children and the community. The organization's efforts also extend to writing books that provide educational content aligned with the United Nations’ Sustainable Development Goals, further fostering a culture of learning and empowerment.

Overall, Trust Funds For All Children Inc. significantly enhances the wellbeing of vulnerable children in Haiti while also working towards broader developmental goals and community resilience.




This information is meant to be a general summary of Trust Funds For All Children 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
$8,302,585 (2023)
Expenses
$725,658 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $2,603,709
  • Program Service Revenue: $113
  • Gross Receipts: $13,320,885

Assets and Liabilities:

  • Total Assets: $7,926,375
  • Total Liabilities: $1,301
  • Net Assets: $7,925,074

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

OTHER

Revenue

$113

Organization Details

Founding Year

2010

Principal Officer

Terry Molner

Main Address

PO BOX 631, SHUTESBURY, MA, 01072

NTEE Category

Code: P50 - Human services

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