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Sabrina Memorial Foundation Inc

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

EIN: 463384976 ✦ Richardson, TX ✦ Designated as a 501(c)(3)

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Overview

What is Sabrina Memorial Foundation Inc?

Sabrina Memorial Foundation Inc is a nonprofit organization, based in Richardson, Texas, dedicated to uplifting underprivileged Bangladeshi communities worldwide, with a specific focus on children and women. Their primary project is a primary school, vocational training center, and educational academy in Jabusha, Khulna, Bangladesh, which currently supports 425 students. The foundation provides annual textbooks, tuition assistance, tutoring, and committed teachers to ensure quality education and vocational training. The ultimate goal is to empower students to become self-sufficient and contribute positively to their community. In essence, Sabrina Memorial Foundation Inc aims to improve the socio-economic condition of these communities through education, healing, and skill development.


Official website here: www.sabrinamemorial.org/

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement - Two Stars

The Sabrina Memorial Foundation Inc has received a Two-Star out of Four Star rating from Charity Navigator, indicating areas requiring attention. The overall score is 60%, reflecting a significant strength in leadership and adaptability, where it achieved a perfect score of 100. However, the accountability and finance score is notably lower at 56, which highlights potential weaknesses in governance practices and financial transparency.

The foundation shows a strong commitment to its programs, evidenced by a high program expense ratio of 87.13%, indicating that the majority of its resources are directed toward mission-related activities. Nonetheless, the organization lacks independent board members and has several missing governance policies, including conflict of interest and whistleblower policies, which are essential for ensuring accountability and ethical practices.

While the foundation demonstrates a solid investment in leadership development and external mission mobilization, the absence of key policies and independent oversight raises concerns about its overall governance structure. Addressing these limitations could enhance the organization's credibility and effectiveness in fulfilling its mission.


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

What do the Facebook reviews say about Sabrina Memorial Foundation Inc?

There are currently three reviews for Sabrina Memorial Foundation Inc, and all reviewers express a positive sentiment towards the organization. One reviewer highlights the foundation’s impactful work, noting it as an "amazing organization helping people around the world."

Since there are no negative remarks noted in the reviews, it appears the nonprofit is on the right path to fulfilling its mission and creating a positive difference in the lives of those it serves. Overall, the impression left by the current reviews indicates a strong endorsement of the foundation's efforts.


This AI summary has been generated from reviews found on Facebook.

Is Sabrina Memorial Foundation Inc legitimate?

Sabrina Memorial Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sabrina Memorial 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

For more financial information, click here


Official website here: www.sabrinamemorial.org/

What is the mission statement of Sabrina Memorial Foundation Inc?

The Sabrina Memorial Foundation Inc is committed to assisting underprivileged and deprived segments of the Bangladeshi origin communities globally, with a particular focus on children and women. Their mission is to enhance their socio-economic condition primarily through education, healing, and training.

The organization runs an education project, which includes a primary school, a vocational and life skills training academy for children living in poverty in Jabusha, Khulna, Bangladesh. Currently, there are 425 students enrolled in this project, who receive annual textbooks, tuition assistance, tutoring, and are taught by dedicated teachers. The goal of this academy is to equip students with quality education and vocational training, enabling them to become self-sufficient and contribute positively to their community.

In essence, the Sabrina Memorial Foundation Inc aims to provide underprivileged individuals with the tools necessary to escape poverty and improve their lives.


Official website here: www.sabrinamemorial.org/

Who is the CEO of Sabrina Memorial Foundation Inc?

Yakoob Hassan is the Executive Di of Sabrina Memorial Foundation Inc.


Official website here: www.sabrinamemorial.org/

What is the revenue of Sabrina Memorial Foundation Inc?

Sabrina Memorial Foundation Inc's revenue in 2022 was $481,060.


Official website here: www.sabrinamemorial.org/

Who are the executives of Sabrina Memorial Foundation Inc and what are their salaries?

There 5 volunteers at Sabrina Memorial Foundation Inc.


Here are 5 key members and their salaries:


Sajed Salam (Executive Di)
  • Compensation: $0
  • Related: $0
  • Other: $0
Syed Firoz Ahmed (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yakoob Hassan (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mochon Rahman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elenore V Chowdhury (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.sabrinamemorial.org/

Where can I find the form 990 for Sabrina Memorial Foundation Inc?

Sabrina Memorial Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.sabrinamemorial.org/

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

Mission Statement of Sabrina Memorial Foundation Inc

Sabrina Memorial Foundation Inc, a nonprofit organization, is dedicated to aiding the underprivileged and deprived segments of the Bangladeshi origin communities worldwide, with a particular focus on children and women. The foundation's mission is to enhance their socio-economic condition through education, healing, and training.

Specifically, Sabrina Memorial Foundation Inc strives to improve the lives of these communities by establishing educational opportunities. One of their initiatives involves operating a primary school in Jabusha, Khulna, Bangladesh. This school offers not only primary education but also vocational and life skills training to children and women living in poverty. The foundation provides annual textbooks, tuition assistance, tutoring, and employs dedicated teachers to ensure the students receive quality education. The ultimate goal is to equip these students with the necessary skills to become self-sufficient and contribute positively to their communities.

In addition to education, Sabrina Memorial Foundation Inc also focuses on healing and training. They operate an educational academy for women and children living in poverty. This academy aims to provide vocational training alongside education, enabling these individuals to secure better employment opportunities and improve their livelihoods. By offering this holistic approach, Sabrina Memorial Foundation Inc seeks to empower these communities and help them break free from the cycle of poverty.

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Impact




July, 2024

Sabrina Memorial Foundation Inc is making a significant impact by providing education and vocational training to underprivileged children and women living in poverty in Jabusha, Khulna, Bangladesh. With a primary school and educational academy, the foundation currently has 425 students enrolled, offering them yearly textbooks, tuition assistance, tutoring, and dedicated teachers. The goal of the academy is to equip these students with quality education and vocational skills so they can break the cycle of poverty and contribute positively to their community. This initiative offers distressed children and women an opportunity to escape poverty and build a better future for themselves.




This information is meant to be a general summary of Sabrina Memorial 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.

Revenue
$481,060 (2022)
Expenses
$146,340 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,284
  • Gross Receipts: $481,060

Assets and Liabilities:

  • Total Assets: $1,510,755
  • Total Liabilities: $0
  • Net Assets: $1,510,755

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Organization Details

Principal Officer

Yakoob Hassan

Main Address

P O BOX 830343, RICHARDSON, TX, 75083

NTEE Category

Code: Q33 - International

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