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Hometown Education Foundation

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

EIN: 571199131 ✦ Madison, WI ✦ Designated as a 501(c)(3)

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Overview

What is Hometown Education Foundation?

The Hometown Education Foundation is a charitable organization situated in Madison, Wisconsin (9 W Geneva Cir). Its primary objective is to collect public donations, aiming to support economically disadvantaged students in China by funding their education from elementary school through high school, and in some instances, college education as well. The organization ensures that 100% of the donations received directly benefit the needy students, thus making an impactful contribution to their educational journey.


Official website here: www.hometowneducation.org

Is Hometown Education Foundation legitimate?

Hometown Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hometown Education 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.hometowneducation.org

What is the mission statement of Hometown Education Foundation?

The Hometown Education Foundation is an organization that aims to collect public donations with the primary goal of supporting financially disadvantaged students in China. This support extends from their elementary education through high school, and in some instances, even to college education. Notably, the foundation ensures that 100% of the donations received are directly channeled to assisting these needy students.


Official website here: www.hometowneducation.org

Who is the CEO of Hometown Education Foundation?

Tonghai Yang is the Trustee of Hometown Education Foundation.


Official website here: www.hometowneducation.org

What is the revenue of Hometown Education Foundation?

Hometown Education Foundation's revenue in 2022 was $445,704.


Official website here: www.hometowneducation.org

Who are the executives of Hometown Education Foundation and what are their salaries?


Here are 5 key members and their salaries:


Shuanglin Chen (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yeqing Li (Google Coord)
  • Compensation: $0
  • Related: $0
  • Other: $0
Guanming Shi (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tonghai Yang (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hui Yang (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.hometowneducation.org

Where can I find the form 990 for Hometown Education Foundation?

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


Official website here: www.hometowneducation.org

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

Mission Statement of Hometown Education Foundation

Hometown Education Foundation, a charitable organization, is dedicated to soliciting public donations with the sole purpose of aiding impoverished students in China. Its mission is to support these students as they navigate their educational journey, from elementary school through high school, and in some instances, even to college education. Notably, the foundation ensures that 100% of the donations received are directly channeled towards the needs of these deserving students. By doing so, Hometown Education Foundation is making a significant contribution to the lives of these young individuals, providing them with the opportunity to pursue their education and secure a brighter future.

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Impact




October, 2024

Hometown Education Foundation has a significant impact on the lives of underprivileged students in China, facilitating their access to essential educational opportunities. By seeking public donations, the foundation ensures that financial barriers are minimized, allowing students to pursue their education from elementary through high school and even into college in some cases.

One of the noteworthy aspects of this initiative is that 100 percent of the donations received go directly to supporting needy students. This commitment to transparency and direct allocation of funds significantly enhances the foundation's ability to make a meaningful difference.

Through its focused efforts, Hometown Education Foundation not only promotes education but also empowers students to realize their potential and break the cycle of poverty by providing them with the tools they need for a better future. The foundation plays a crucial role in fostering hope and opportunity for those who might otherwise be unable to pursue their academic dreams.




This information is meant to be a general summary of Hometown Education 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
$445,704 (2022)
Expenses
$336,327 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,106
  • Gross Receipts: $445,704

Assets and Liabilities:

  • Total Assets: $652,502
  • Total Liabilities: $0
  • Net Assets: $652,502

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Organization Details

Founding Year

2004

Principal Officer

Tonghai Yang

Main Address

9 W GENEVA CIR, MADISON, WI, 53717

NTEE Category

Code: B12 - Education

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