Overview
What is Homestay Teachers Volunteer Organization Inc?
Homestay Teachers Volunteer Organization Inc, based in Cape Coral, Florida, is a nonprofit organization with a compassionate mission. Established with the vision to support rural, indigent Cambodian children, the organization provides financial aid to exclusively charitable organizations. These organizations work towards enhancing the employability of these children in the rapidly growing Cambodian tourist industry. In 2022, they distributed educational grants amounting to $64,887. The organization's focus is on uplifting the socio-economic status of these children, thereby contributing positively to their community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Star rating. The rating reflects a mixed performance in terms of accountability and finance for Homestay Teachers Volunteer Organization Inc. While the organization has excelled in several areas, such as having an independent board and a strong program expense ratio, it also falls short in important governance practices that are critical for transparency and accountability.
The strengths of the organization include a fully independent board of directors and a commendable program expense ratio of 100%, indicating that all funds are allocated towards its programs. Additionally, the organization demonstrates no liabilities relative to its assets, showcasing a solid financial footing in that respect. However, the lack of essential policies and disclosures, like a conflict of interest policy and a whistleblower policy, raises concerns regarding overall governance practices.
In terms of limitations, the absence of the nonprofit's website link on tax forms and other missing documentation point to a need for improvement in transparency. These gaps may impact the perceived integrity of the organization and its ability to attract donors who prioritize accountability. Addressing these areas would enhance its overall rating and trustworthiness in the eyes of potential supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Homestay Teachers Volunteer Organization Inc legitimate?
Homestay Teachers Volunteer Organization Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Homestay Teachers Volunteer Organization 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 Homestay Teachers Volunteer Organization Inc?
The Homestay Teachers Volunteer Organization Inc was established with a mission to provide financial assistance to exclusively charitable organizations that enhance the employability of rural, indigent Cambodian children in the growing Cambodian tourist industry. The organization's primary goal is to support these organizations, aiming to improve the employment prospects of these children. The Homestay Teachers Volunteer Organization Inc fulfilled this mission by granting educational funds amounting to 64,887 in 2022.
Who is the CEO of Homestay Teachers Volunteer Organization Inc?
Patti G Baker is the President of Homestay Teachers Volunteer Organization Inc.
What is the revenue of Homestay Teachers Volunteer Organization Inc?
Homestay Teachers Volunteer Organization Inc's revenue in 2022 was $73,746.
Who are the executives of Homestay Teachers Volunteer Organization Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Homestay Teachers Volunteer Organization Inc?
Homestay Teachers Volunteer Organization Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Homestay Teachers Volunteer Organization Inc
Homestay Teachers Volunteer Organization, a nonprofit entity, was established with a mission to provide financial aid to exclusively charitable organizations that focus on enhancing the employability of indigent rural Cambodian children in the flourishing Cambodian tourism sector. The organization's primary objective is to support initiatives that empower these children, enabling them to secure better employment opportunities and improve their livelihoods. In 2022, Homestay Teachers Volunteer Organization disbursed educational grants totaling 64,887 units, underscoring its commitment to this cause. By supporting these charitable organizations, Homestay Teachers Volunteer Organization plays a crucial role in uplifting the lives of disadvantaged Cambodian children, helping them to integrate into the tourism industry and secure a brighter future.
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Impact
August, 2024
Homestay Teachers Volunteer Organization Inc's impact can be seen through its significant contributions towards enhancing the employability of rural indigent Cambodian children in the burgeoning Cambodian tourist industry. In 2022 alone, the organization provided educational grants totaling $64,887 to support this cause. By focusing on providing financial support to charitable organizations working towards this goal, the organization is making a tangible difference in the lives of disadvantaged children in Cambodia. This impactful work not only improves the livelihoods of these children but also contributes to the overall development and sustainability of the Cambodian tourist industry.
This information is meant to be a general summary of Homestay Teachers Volunteer Organization 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.
- Gross Receipts: $73,746
Assets and Liabilities:
- Total Assets: $25,462
- Total Liabilities: $0
- Net Assets: $25,462
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Organization Details
Founding Year
2013
Phone
(239) 682-0067Principal Officer
Patti G Baker
Main Address
PO BOX 150832, CAPE CORAL, FL, 33915
NTEE Category
Code: Q33 - International
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