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Ga Telesis Charitable Fund Inc

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

EIN: 471719462 ✦ Fort lauderdale, FL ✦ Designated as a 501(c)(3)

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Overview

What is Ga Telesis Charitable Fund Inc?

Ga Telesis Charitable Fund Inc, situated in Fort Lauderdale, Florida, serves as a grantmaking public charity foundation. Their primary objective is to collect funds for distribution to various charitable organizations. Their mission centers around pooling resources for the betterment of numerous causes, demonstrating a commitment to supporting the community through charitable giving.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 67%

Ga Telesis Charitable Fund Inc has received a Two-Star out of Four Star rating from Charity Navigator, reflecting a moderate performance with a score of 67%. This rating indicates that while the organization meets some standards for accountability and transparency, there may be areas for improvement in overall operational effectiveness.

One of the organization's strengths is its governance structure, featuring a fully independent board of directors, which contributes positively to its accountability. The fund also demonstrates a strong commitment to its programs, boasting a high program expense ratio of 99.46%, which suggests that the majority of its funds are allocated directly to charitable activities rather than administrative costs.

However, despite these positive aspects, the overall rating suggests that there are limitations in its performance that may warrant further scrutiny. While the organization has a low liabilities to assets ratio and demonstrates sound financial practices, stakeholders might look for greater transparency or improvements in certain operational metrics to enhance confidence in its overall impact.


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

Is Ga Telesis Charitable Fund Inc legitimate?

Ga Telesis Charitable Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ga Telesis Charitable Fund 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

What is the mission statement of Ga Telesis Charitable Fund Inc?

Ga Telesis Charitable Fund Inc's mission revolves around raising funds for charitable organizations. This philanthropic entity dedicates its efforts to collecting donations, with the ultimate goal of distributing them to various charitable organizations. By raising funds, they aim to contribute to the betterment of numerous causes and communities, thereby making a positive impact on society.

Who is the CEO of Ga Telesis Charitable Fund Inc?

Cathy Moabery is the Chair of Ga Telesis Charitable Fund Inc.

What is the revenue of Ga Telesis Charitable Fund Inc?

Ga Telesis Charitable Fund Inc's revenue in 2022 was $792,702.

Who are the executives of Ga Telesis Charitable Fund Inc and what are their salaries?

There 3 volunteers at Ga Telesis Charitable Fund Inc.


Here are 3 key members and their salaries:


Cathy Moabery (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Abdol Moabery (Director And Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Toutt (Director And Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Ga Telesis Charitable Fund Inc?

Ga Telesis Charitable Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Ga Telesis Charitable Fund Inc

Ga Telesis Charitable Fund, as a grantmaking public charity foundation, is committed to raising funds for the sole purpose of donating to various charitable organizations. This nonprofit organization's mission is to serve as a financial conduit, channeling resources towards causes that aim to make a positive impact in the lives of others. By raising funds, Ga Telesis Charitable Fund enables other charitable organizations to carry out their missions more effectively, ultimately contributing to the betterment of communities and individuals in need.

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Impact




July, 2024

Ga Telesis Charitable Fund Inc makes a significant impact by raising funds to donate to charitable organizations. Through their efforts, they support various causes and make a difference in the lives of those in need. Their philanthropic endeavors help create positive change and bring hope to communities.




This information is meant to be a general summary of Ga Telesis Charitable Fund 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
$792,702 (2022)
Expenses
$780,338 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $792,702

Assets and Liabilities:

  • Total Assets: $38,281
  • Total Liabilities: $0
  • Net Assets: $38,281

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Organization Details

Founding Year

2015

Principal Officer

Cathy Moabery

Main Address

1850 NW 49th Street, Fort Lauderdale, FL, 33309

NTEE Category

Code: T30 - Philanthropy

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