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Tennessee Foreign Language Institute 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: 582108833 ✦ Nashville, TN ✦ Designated as a 501(c)(3)

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Overview

What is Tennessee Foreign Language Institute Fund Inc?

Tennessee Foreign Language Institute Fund Inc is a nonprofit organization situated in Nashville, Tennessee. Its primary purpose is to promote, encourage, assist, and foster education in the field of learning foreign languages. To accomplish this mission, the organization provides grants to the Tennessee Language Center, formerly known as the Foreign Language Institute. These grants enable the center to offer scholarships to students and augment its program services. By doing so, Tennessee Foreign Language Institute Fund Inc is dedicated to making foreign language education more accessible and affordable for a wider range of individuals.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 73%, earning a Two-Star out of Four Star rating.

The Tennessee Foreign Language Institute Fund Inc has received a 73% rating, indicating a moderate level of accountability and financial health. The organization excels in certain areas, such as having a fully independent board and a strong liabilities-to-assets ratio. However, its overall performance is hindered by several missing governance policies, which are critical for transparency and ethical management.

While the institute's financial practices appear sound, the lack of essential documents like a conflict of interest policy and a whistleblower policy raises concerns about its commitment to accountability. Additionally, the absence of its website link on tax forms and other missing documentation can detract from its credibility.

Overall, the Tennessee Foreign Language Institute Fund Inc demonstrates some strengths in governance, but significant gaps in their policy documentation suggest that improvements are needed to bolster trust and transparency. Addressing these issues could enhance their standing and effectiveness as a nonprofit organization.


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

Is Tennessee Foreign Language Institute Fund Inc legitimate?

Tennessee Foreign Language Institute Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tennessee Foreign Language Institute 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 Tennessee Foreign Language Institute Fund Inc?

The Tennessee Foreign Language Institute Fund Inc is dedicated to promoting, encouraging, and fostering education in the field of learning foreign languages. Their mission is to support the Tennessee Language Center, formerly known as the Foreign Language Institute, by providing scholarships to students and supplementing its program services. This non-profit organization aims to make foreign language education more accessible and widely available.

Who is the CEO of Tennessee Foreign Language Institute Fund Inc?

Becky Harrell is the Vice Chair of Tennessee Foreign Language Institute Fund Inc.

What is the revenue of Tennessee Foreign Language Institute Fund Inc?

Tennessee Foreign Language Institute Fund Inc's revenue in 2022 was $118,346.

Who are the executives of Tennessee Foreign Language Institute Fund Inc and what are their salaries?


Here are 6 key members and their salaries:


Paul Kuhn (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Cobb (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Martin Deschenes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Becky Harrell (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fred Weisbrodt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Spencer Lightfoot (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Tennessee Foreign Language Institute Fund Inc?

Tennessee Foreign Language Institute Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Tennessee Foreign Language Institute Fund Inc

The Tennessee Foreign Language Institute Fund Inc is committed to promoting, encouraging, and fostering education in the realm of foreign languages. This nonprofit organization works towards achieving its mission by providing grants to the Tennessee Language Center, formerly known as the Foreign Language Institute. These grants are utilized to offer scholarships to students and supplement the institute's program services. By doing so, the Tennessee Foreign Language Institute Fund Inc aims to make foreign language education more accessible and affordable, thereby encouraging more individuals to learn and master these languages.

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Impact




October, 2024

The Tennessee Foreign Language Institute Fund Inc plays a significant role in enhancing language education in Tennessee. By providing grants to the Tennessee Language Center, it enables the center to offer scholarships to aspiring language learners, making education more accessible. This support not only encourages students to pursue foreign language studies but also fosters cultural exchange and understanding within the community. Moreover, by supplementing program services, the institute contributes to the development of diverse and effective instructional methodologies, ultimately enriching the educational landscape in Nashville and beyond. This initiative promotes linguistic diversity and equips students with valuable skills in an increasingly globalized world.




This information is meant to be a general summary of Tennessee Foreign Language Institute 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
$118,346 (2022)
Expenses
$217,652 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $11,803
  • Gross Receipts: $118,346

Assets and Liabilities:

  • Total Assets: $423,414
  • Total Liabilities: $0
  • Net Assets: $423,414

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Organization Details

Founding Year

1994

Principal Officer

Becky Harrell

Main Address

PO BOX 281676, NASHVILLE, TN, 37228

NTEE Category

Code: T11 - Philanthropy

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