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Tat Foundation

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

EIN: 510140288 ✦ Roxboro, NC ✦ Designated as a 501(c)(3)

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Overview

What is Tat Foundation?

Tat Foundation is a nonprofit organization situated in Roxboro, North Carolina. Their primary focus is to facilitate the education and enlightenment of their attendees by studying various religions and philosophies. They aim to encourage, coordinate, and disseminate information on Christian and other religious systems, philosophy, and spiritual mysticism. This knowledge is used to educate and uplift the general public. Moreover, Tat Foundation promotes methods of spiritual growth and attainment.


Official website here: www.tatfoundation.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 97% (Four-Star out of Four Stars)

Tat Foundation has achieved an impressive Four-Star rating from Charity Navigator, indicating a strong level of accountability and transparency in its financial practices. This rating reflects a perfect score in various areas such as board independence, asset management, and adherence to policies regarding conflicts of interest and whistleblower protections. The foundation's financial health is further underscored by a low liabilities-to-assets ratio of 0.02%, which suggests a solid fiscal position.

The foundation demonstrates a commitment to effective program expenditure, with 71.05% of its expenses directed towards program services. This high program expense ratio signifies that a substantial portion of its resources is invested in its mission-driven activities, enhancing its impact among beneficiaries. Additionally, the presence of well-defined governance policies contributes positively to its operational integrity.

While the overall rating is exceptionally high, it is essential to consider that the score is derived solely from the Accountability & Finance beacon. This may limit insights into other aspects of the foundation's performance, such as its effectiveness and community engagement. However, the strong financial practices and governance policies position Tat Foundation as a responsible and trustworthy nonprofit organization.


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

Is Tat Foundation legitimate?

Tat Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tat Foundation 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.tatfoundation.org

What is the mission statement of Tat Foundation?

The Tat Foundation's mission is centered around promoting the study of various religious and philosophical systems, including Christianity and religious mysticism. Its primary objective is to educate and enlighten the general public on these subjects. Furthermore, the foundation aims to disseminate information and encourage the implementation of methods for spiritual growth and attainment. This is achieved through organizing conferences that facilitate learning and personal growth in the field of religion and philosophy.


Official website here: www.tatfoundation.org

Who is the CEO of Tat Foundation?

Michael Gegenheimer is the President & of Tat Foundation.


Official website here: www.tatfoundation.org

What is the revenue of Tat Foundation?

Tat Foundation's revenue in 2022 was $59,127.


Official website here: www.tatfoundation.org

Who are the executives of Tat Foundation and what are their salaries?

There 6 volunteers at Tat Foundation.


Here are 7 key members and their salaries:


Michael Gegenheimer (President &)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Whitely (Vice-Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Roth (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brett Stark (Assistant Vi)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shawn Nevins (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Luce (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Garmat (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.tatfoundation.org

Where can I find the form 990 for Tat Foundation?

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


Official website here: www.tatfoundation.org

Learn more at the official website: www.tatfoundation.org

Mission Statement of Tat Foundation

Tat Foundation, a nonprofit organization, is dedicated to encouraging, coordinating, and disseminating information in the study of various religious and philosophical systems. Its primary goal is to educate and uplift the general public, as well as promote the implementation of methods for spiritual attainment. The foundation achieves this mission by facilitating conferences that allow attendees to deepen their understanding of religion and philosophy. By doing so, Tat Foundation contributes to the enrichment of individuals' spiritual journeys.

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Impact




August, 2024

Tat Foundation's impact lies in its facilitation of conferences that educate and edify attendees in the study of religion and philosophy, promoting spiritual attainment. Through these events, the foundation encourages, coordinates, and disseminates information on various systems of religion, philosophy, and religious mysticism to benefit the general public. This serves to enhance individuals' spiritual and philosophical understanding, contributing to their personal growth and enlightenment.




This information is meant to be a general summary of Tat Foundation. 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
$59,127 (2022)
Expenses
$30,924 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $146
  • Program Service Revenue: $20,133
  • Gross Receipts: $61,316

Assets and Liabilities:

  • Total Assets: $724,351
  • Total Liabilities: $200
  • Net Assets: $724,151

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CONFERENCES

Revenue

$18,558

FOUNDATION RETREAT RENTAL

Revenue

$1,575

Organization Details

Founding Year

1975

Principal Officer

Michael Gegenheimer

Main Address

PO BOX 3402, ROXBORO, NC, 27573

NTEE Category

Code: X00 - Religion related

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