Overview
What is Taly Foundation Inc?
Taly Foundation Inc., situated in Southborough, Massachusetts, serves as a nonprofit organization dedicated to supporting underserved children in need of financial aid for better educational opportunities. Their mission is multifaceted, involving the provision of scholarship grants to schools, conduct of educational assessments, and professional development for teachers. Additionally, they organize parent workshops to enhance the overall quality of early childhood education. By offering these resources, Taly Foundation aims to facilitate access and improvement in early childhood education for those in need, ultimately fostering successful participation of children in their educational journey.
Official website here: www.talyfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 57%, One-Star out of Four Stars. The Taly Foundation Inc has received a One-Star rating due to an overall score reflecting significant concerns in its financial management. While the charity excels in governance indicators, such as having a majority of independent board members and comprehensive policies in place, its financial ratios are notably poor.
The charity's accountability and finance score is solely responsible for its rating, with critical areas like the liabilities to assets ratio and program expense ratio failing to meet expectations. A high liabilities to assets ratio at 2.34% suggests potential financial instability, while the low program expense ratio of 36.45% indicates that a small portion of its funds is allocated to its programs, raising questions about operational efficiency.
Despite its governance strengths, the significant shortcomings in financial management highlight areas for improvement. Stakeholders may want to closely monitor the charity's financial practices and program effectiveness moving forward.
This AI summary has been generated from information found on Charity Navigator.
Is Taly Foundation Inc legitimate?
Taly Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Taly 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:
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For more financial information, click here
Official website here: www.talyfoundation.org
What is the mission statement of Taly Foundation Inc?
The Taly Foundation Inc's mission is centered around supporting underserved children. They strive to ensure these children have access to quality early childhood education by offering scholarship grants to schools, conducting educational assessments, and providing professional development for teachers. Additionally, they organize parent workshops to further enhance the learning environment. Their financial aid is directed towards children in need, enabling them to seize better educational opportunities.
Official website here: www.talyfoundation.org
Who is the CEO of Taly Foundation Inc?
Philip Dixon is the President & Secretary of Taly Foundation Inc.
Official website here: www.talyfoundation.org
What is the revenue of Taly Foundation Inc?
Taly Foundation Inc's revenue in 2021 was $74,604.
Official website here: www.talyfoundation.org
Who are the executives of Taly Foundation Inc and what are their salaries?
There is 1 employee at Taly Foundation Inc.
Here are 7 key members and their salaries:
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Official website here: www.talyfoundation.org
Where can I find the form 990 for Taly Foundation Inc?
Taly Foundation Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.talyfoundation.org
Learn more at the official website: www.talyfoundation.org
Mission Statement of Taly Foundation Inc
Taly Foundation Inc, a nonprofit organization, is dedicated to providing financial aid to underserved children. Its mission is centered around enabling these children to participate effectively in early childhood education. To achieve this, Taly Foundation offers various support services. Primarily, it provides scholarship grants to schools, thereby ensuring that financially disadvantaged children can access quality education.
In addition to financial aid, Taly Foundation also focuses on improving the quality of early childhood education. It accomplishes this by offering professional development programs for teachers. These programs help educators enhance their skills and knowledge, thereby improving the learning environment for the children they teach. Moreover, Taly Foundation conducts educational assessments to identify the unique needs of each child, ensuring that the support provided is tailored to their requirements.
Furthermore, Taly Foundation organizes parent workshops. These workshops provide parents with valuable insights into their children's education. By empowering parents, Taly Foundation aims to foster a strong partnership between home and school, which is crucial for a child's overall development. In summary, Taly Foundation Inc's mission is to provide financial aid and improve the quality of early childhood education for underserved children, thereby facilitating their successful participation in this critical stage of their lives.
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Impact
August, 2024
The Taly Foundation Inc provides crucial financial aid to underserved children, enabling them to access early childhood education opportunities that would otherwise be out of reach. By offering scholarship grants to schools, educational assessments, professional development for teachers, and parent workshops, Taly Foundation is instrumental in improving the quality of education for these disadvantaged children in SOUTHBOROUGH, MA. Through their philanthropic endeavors, Taly Foundation Inc is making a significant impact in ensuring a brighter future for these children.
This information is meant to be a general summary of Taly 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2021.
- Investment Income: $3,279
- Gross Receipts: $94,625
Assets and Liabilities:
- Total Assets: $22,366
- Total Liabilities: $525
- Net Assets: $21,841
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Organization Details
Founding Year
2013
Phone
(617) 901-6951Principal Officer
Philip Dixon
Main Address
PO Box 273, Southborough, MA, 01772
Website
www.talyfoundation.orgNTEE Category
Code: T12 - Philanthropy
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