Overview
What is Tesfa International School?
Tesfa International School is a nonprofit, free public K-6 charter school situated in Brooklyn Center, Minnesota. Established in 2015, the organization is authorized by Volunteers of America-Minnesota and aims to offer an equitable and empowering education for all students. With a strong commitment to academic excellence, Tesfa encourages its scholars to engage in a transdisciplinary curriculum supported by conceptual and inquiry-based learning. Through dedicated educators, students develop the necessary knowledge, skills, and character traits for active global citizenship. Tesfa's mission is to prepare its students for rigorous middle school programs and eventually, college and careers, while fostering leadership skills required in the 21st century. With a workforce of 47 individuals, Tesfa International School emphasizes access and equity, ensuring a pathway to success for its students and communities.
Official website here: www.twinlakesacademy.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 77% - Three-Star out of Four Star Rating
Tesfa International School has received a Three-Star rating from Charity Navigator, reflecting an overall score of 77%. This rating is primarily based on the charity's Accountability & Finance metrics, indicating a strong commitment to transparency and financial integrity. The organization demonstrates a solid governance structure, with a high percentage of independent board members and effective financial oversight.
One of the notable strengths of Tesfa International School is its high program expense ratio of 87.11%, which suggests that a significant portion of its funds is directed towards its educational programs. Additionally, the presence of well-documented policies, including a conflict of interest policy and a whistleblower policy, contributes positively to its governance, although the latter is noted to be missing, which is a concern.
However, there are limitations in terms of financial health, especially with a liabilities-to-assets ratio of 113.40%. This figure indicates that the organization may be over-leveraged. Furthermore, the absence of certain required documents on its website, including the tax form and whistleblower policy, could affect stakeholder trust. Overall, while Tesfa International School shows strengths in its program focus and governance, attention to its financial sustainability and compliance with transparency standards is needed for improvement.
This AI summary has been generated from information found on Charity Navigator.
Is Tesfa International School legitimate?
Tesfa International School is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tesfa International School 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: $238,860
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,643,615
For more financial information, click here
Official website here: www.twinlakesacademy.org
What is the mission statement of Tesfa International School?
Tesfa International School is dedicated to offering a fair and empowering educational experience for all students. Their scholars engage in a transdisciplinary curriculum, supported by conceptual and inquiry-based learning. In collaboration with committed educators, students develop the necessary knowledge, skills, and characteristics for active global citizenship.
Official website here: www.twinlakesacademy.org
What is the revenue of Tesfa International School?
Tesfa International School's revenue in 2024 was $4,082,738.
Official website here: www.twinlakesacademy.org
Who are the executives of Tesfa International School and what are their salaries?
The average compensation at Tesfa International School during 2024 was $34,861. There are 54 employees and 10 volunteers at Tesfa International School.
Here are 8 key members and their salaries:
- Compensation: $85,335
- Related: $0
- Other: $14,715
- Compensation: $56,947
- Related: $0
- Other: $11,236
- Compensation: $49,607
- Related: $0
- Other: $10,225
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.twinlakesacademy.org
Where can I find the form 990 for Tesfa International School?
Tesfa International School's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.twinlakesacademy.org
Learn more at the official website: www.twinlakesacademy.org
Mission Statement of Tesfa International School
Tesfa International School is dedicated to delivering a fair and empowering educational experience for all its scholars. The institution's mission is centered around fostering an engaging, transdisciplinary curriculum that encourages conceptual and inquiry-based learning. With the guidance of dedicated educators, students at Tesfa International School will develop the essential knowledge, skills, and characteristics necessary for becoming active global citizens. The school's goal is to equip its scholars with the tools needed to contribute positively to society, fostering a sense of empowerment and equity in their educational journey.
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Impact
July, 2024
Tesfa International School's impact is profound, as it is dedicated to providing an equitable and empowering education for all students. By offering a transdisciplinary curriculum supported by conceptual and inquiry-based learning, Tesfa ensures that its scholars develop the knowledge, skills, and characteristics necessary for active citizenship worldwide. Through high academic and social standards, this school prepares students for successful transitions to rigorous middle school programs, setting them on a path towards college, careers, and leadership roles essential for productive citizenship in the 21st century. Tesfa's commitment to access and equity not only benefits individual students but also uplifts their communities, creating a lasting impact on society.
This information is meant to be a general summary of Tesfa International School. 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 2024.
- Investment Income: $55
- Gross Receipts: $4,082,738
Assets and Liabilities:
- Total Assets: $13,917,040
- Total Liabilities: $15,265,657
- Net Assets: -$1,348,617
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Organization Details
Founding Year
2014
Principal Officer
Jason Stockwell
Website
www.twinlakesacademy.orgNTEE Category
Code: B24 - Education
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