Overview
What is Thornston Educational Fund?
Thornston Educational Fund is a nonprofit organization, headquartered in Wrightwood, California, specifically at PO Box 2951. Its primary mission is to empower the marginalized, low-income migrant population in China and neighboring countries through educational scholarships, community services, and leadership training. The Fund aims to make a positive impact in migrant Chinese communities by fostering local leaders who can establish programs within these communities and their home villages. This initiative is characterized by its national leadership, focus on migrant families, collaborative teamwork, reproducibility, and the potential for dynamic multiplication of workers. The Fund employs a team of nine individuals in its mission to promote growth and accountability within the migrant worker communities.
What are the reviews and ratings of this charity?
Charity Navigator Rating 94%
Thornston Educational Fund has received a Four-Star out of Four Star rating from Charity Navigator, indicating a high level of accountability and finance management. The charity scored a remarkable 95% overall, showcasing its commitment to transparency and effective use of funds. This rating is particularly significant as it reflects strong governance practices, with a fully independent board and effective oversight mechanisms in place.
The organization excels in several key areas including financial statements, conflict of interest policies, and asset management, all receiving top scores. Additionally, Thornston demonstrates a solid program expense ratio of 73.64%, meaning a substantial portion of its funds directly supports educational initiatives. The efficiency of its fundraising efforts is also commendable, with only $0.09 spent to raise each dollar.
While the data presents an overwhelmingly positive picture of Thornston Educational Fund, potential donors may want to consider ongoing evaluations to ensure that the organization continues to maintain these high standards. Overall, the fund exemplifies effective nonprofit management and a dedication to its mission within the educational sector.
This AI summary has been generated from information found on Charity Navigator.
Is Thornston Educational Fund legitimate?
Thornston Educational Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Thornston Educational Fund 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: $292,546
Professional Fundraising Fees: $0
Other Salaries and Wages: $506,530
For more financial information, click here
What is the mission statement of Thornston Educational Fund?
The Thornston Educational Fund's mission is centered around providing educational scholarships, community services, and training for local leaders within the marginalized, low-income migrant population in China and surrounding countries. Their primary objective is to establish a presence in migrant Chinese communities, aiming to initiate a positive change. The fund encourages teams of local workers to establish programs within migrant worker communities and their home towns. Their values include it being a nationally led initiative, focusing on migrant families, the use of teamwork, being reproducible, resulting in the dynamic multiplication of workers, being accountable, and growing from within.
Who is the CEO of Thornston Educational Fund?
D Wood is the President of Thornston Educational Fund.
What is the revenue of Thornston Educational Fund?
Thornston Educational Fund's revenue in 2022 was $4,297,107.
Who are the executives of Thornston Educational Fund and what are their salaries?
The average compensation at Thornston Educational Fund during 2022 was $88,786. There are 9 employees and 509 volunteers at Thornston Educational Fund.
Here are 11 key members and their salaries:
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- Compensation: $111,347
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- Other: $3,001
Where can I find the form 990 for Thornston Educational Fund?
Thornston Educational Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Thornston Educational Fund
Thornston Educational Fund is dedicated to making a positive impact within the marginalized, low-income migrant population in China and neighboring countries. Their mission revolves around providing educational scholarships, community services, and training for local leaders from this community. This initiative aims to establish a presence within migrant Chinese communities, fostering change and encouraging teams of local workers to create programs within these communities and their hometown villages.
Thornston Educational Fund's approach is built upon several core values. Firstly, it is a nationally led initiative, indicating a broad and comprehensive strategy. Secondly, the focus is on migrant families, demonstrating a commitment to addressing the specific needs and challenges faced by this population. Thirdly, the leaders work in teams, which promotes collaboration and shared responsibility. Lastly, the mission is reproducible, leading to the dynamic multiplication of workers. This approach fosters accountability and growth from within the community. In essence, Thornston Educational Fund seeks to empower local leaders and communities, fostering sustainable change and development.
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Impact
July, 2024
Thornston Educational Fund's impact lies in providing educational scholarships, community services, and training for local leaders within marginalized, low-income migrant populations in China and nearby countries. By running training programs focused on these populations, the organization aims to ignite positive change in migrant Chinese communities and encourage the establishment of programs by local workers within these communities. Their values include being a nationally led initiative, focusing on migrant families, working in teams, being reproducible, accountable, and growing from within. The ultimate goal is to create a sustainable network of educated leaders and community services to uplift these marginalized populations and enable them to thrive.
This information is meant to be a general summary of Thornston Educational Fund. 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 2022.
- Investment Income: -$228,397
- Gross Receipts: $4,525,520
Assets and Liabilities:
- Total Assets: $7,594,527
- Total Liabilities: $80,693
- Net Assets: $7,513,834
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Organization Details
Founding Year
2001
Phone
(760) 249-4000Principal Officer
D Wood
Main Address
PO BOX 2951, WRIGHTWOOD, CA, 92397
NTEE Category
Code: B12 - Education
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