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Tag Foundation For Social Development

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

EIN: 452453081 ✦ Suffern, NY ✦ Designated as a 501(c)(3)

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Overview

What is Tag Foundation For Social Development?

Tag Foundation for Social Development is a nonprofit organization situated in Suffern, New York. Their primary focus is on sharing expertise to establish sustainable solutions in developing countries and enhancing community health and wellbeing. The organization's work encompasses improving maternal and child health and fostering sustainable livelihoods through climate-resilient enterprises. They also aim to empower youth at risk by equipping them with necessary skills. During the reporting period, Tag International Development supported humanitarian organizations in Ukraine, funded shelters for displaced women, developed promotional materials for their Israel Global Initiative, and launched Datewell.org, a relationship program. Additionally, they provide grants to their sister organization in the UK and fund scholarships for underprivileged students in Ukraine and Argentina, as well as a sponsorship program for a related orphanage.


Official website here: www.tagdevelopment.org/

What are the reviews and ratings of this charity?

Charity Navigator Rating: 66% (Two-Star out of Four Star rating)

The Tag Foundation For Social Development has achieved a 66% rating from Charity Navigator, indicating some strengths and areas for improvement. The organization demonstrates a strong governance structure, with an independent board and a solid conflict of interest and whistleblower policies in place. However, its financial accountability is notably lacking, particularly in the area of financial statements, where it scored 0 out of 15 points.

While the foundation has a commendable program expense ratio of 84.04%, indicating that a significant portion of its expenses is directed towards its programs, its high liabilities to assets ratio of 96.59% raises concerns about its financial health. This imbalance suggests that the organization may face challenges in meeting its obligations or funding its initiatives sustainably.

Overall, while the Tag Foundation For Social Development has a robust governance framework and effectively allocates funds towards its mission, the lack of transparency in financial reporting and high liabilities highlights critical areas that need attention to improve its financial stability and accountability.


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

Is Tag Foundation For Social Development legitimate?

Tag Foundation For Social Development is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tag Foundation For Social Development 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: $24,200
Professional Fundraising Fees: $0
Other Salaries and Wages: $16,252

For more financial information, click here


Official website here: www.tagdevelopment.org/

What is the mission statement of Tag Foundation For Social Development?

The Tag Foundation for Social Development is dedicated to sharing expertise and creating sustainable solutions for developing countries, with a particular focus on improving maternal and child health and fostering community wellbeing. This is accomplished through initiatives that promote sustainable livelihoods and empower youth at risk with skills. During the reporting period, the foundation provided support to humanitarian organizations in Ukraine, financed shelters for displaced women, and launched Datewell.org, a relationship program. Furthermore, they funded a scholarship program for underprivileged students in Ukraine and Argentina, as well as a sponsorship program for a related orphanage. The foundation also supports international relationships to bring Israeli expertise to developing countries.


Official website here: www.tagdevelopment.org/

Who is the CEO of Tag Foundation For Social Development?

Yosef Ives is the Principal Officer of Tag Foundation For Social Development.


Official website here: www.tagdevelopment.org/

What is the revenue of Tag Foundation For Social Development?

Tag Foundation For Social Development's revenue in 2022 was $1,013,615.


Official website here: www.tagdevelopment.org/

Who are the executives of Tag Foundation For Social Development and what are their salaries?

There 3 volunteers at Tag Foundation For Social Development.


There is 1 key member and their salary:


Rabbi Dr Yosef Ives (President)
  • Compensation: $24,200
  • Related: $0
  • Other: $0


Official website here: www.tagdevelopment.org/

Where can I find the form 990 for Tag Foundation For Social Development?

Tag Foundation For Social Development's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.tagdevelopment.org/

Learn more at the official website: www.tagdevelopment.org/

Mission Statement of Tag Foundation For Social Development

The Tag Foundation for Social Development is committed to sharing its expertise to establish sustainable solutions in developing countries and promote community health and wellbeing. The organization's focus areas include enhancing maternal and child health and fostering sustainable livelihoods through climate-resilient enterprises. By directing its efforts towards its existing projects, the Tag Foundation aims to make a significant impact in these areas.

During a recent reporting period, the Tag Foundation provided support to humanitarian organizations in Ukraine, financed shelters for displaced women from Ukraine, and continued creating promotional and educational materials for its Israel Global Initiative. This initiative seeks to bring Israeli expertise to developing countries through international relationships. Additionally, the Tag Foundation launched Datewell.org, a relationship program designed to strengthen familial and social structures.

In line with its mission, the Tag Foundation also supports its sister organization in the UK by offering scholarships for underprivileged students in Ukraine to cover their tuition costs. Furthermore, the foundation sponsors a related orphanage and has expanded this program to include students in Argentina. By investing in education and supporting vulnerable populations, the Tag Foundation for Social Development is dedicated to making a meaningful and lasting impact on communities in need.

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Impact




July, 2024

Tag Foundation For Social Development's impact can be seen in its efforts to improve maternal and child health, promote sustainable livelihoods through climate-resilient enterprises, and empower at-risk youth with essential skills. The organization has provided support to humanitarian organizations in Ukraine, financed shelters for displaced women from Ukraine, and created promotional and educational materials for their Israel Global Initiative to bring Israeli expertise to developing countries. Additionally, Tag Foundation has launched Datewell.org, a relationship program aimed at strengthening familial and social structures. The organization's commitment to funding scholarships for underprivileged students in Ukraine, as well as sponsoring orphanages, demonstrates its dedication to creating positive change in communities around the world.




This information is meant to be a general summary of Tag Foundation For Social Development. 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
$1,013,615 (2022)
Expenses
$1,067,172 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $1,018,095

Assets and Liabilities:

  • Total Assets: $87,929
  • Total Liabilities: $84,939
  • Net Assets: $2,990

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Organization Details

Founding Year

2011

Principal Officer

Yosef Ives

Main Address

34 New Pomona Rd, Suffern, NY, 10901

NTEE Category

Code: P20 - Human services

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