Overview
What is Guatemalan Tomorrow Fund Inc?
Guatemalan Tomorrow Fund Inc is a nonprofit organization, established in Jupiter, Florida, with a focus on providing support to Asociacin Ak Tenamit, a Guatemalan association dedicated to education, healthcare, and community development. Their mission is to empower the indigenous population of Guatemala by funding projects that enhance health care, combat illiteracy, promote sustainable agriculture, boost income levels, and raise civic awareness. Additionally, they aim to assist at-risk youth in securing employment. Through their efforts, they strive to help these communities become self-sufficient, ultimately improving their quality of life. The organization currently employs a team of two individuals.
Official website here: www.thegtfund.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 89%, Three-Star out of Four Star rating.
The Guatemalan Tomorrow Fund Inc has received a commendable rating of 89%, indicating strong performance in the areas of accountability and finance. With a score of 90% in this category, the organization demonstrates excellent financial management practices, including a high program expense ratio of 89.39%, which suggests a focus on direct program services rather than administrative costs. The board of directors is entirely independent, highlighting a commitment to good governance.
In terms of leadership and adaptability, the organization has achieved a perfect score of 100%. This suggests that Guatemalan Tomorrow Fund Inc is not only effective in its current operations but is also well-prepared to adapt and respond to changing conditions. The strategic elements of the organization are also rated highly, indicating a thoughtful approach to achieving its goals.
However, there are some limitations noted in the data. While the organization has established several important policies, it is missing a whistleblower policy and a document retention and destruction policy, which could impact governance transparency. Despite these gaps, the overall financial health and governance structure remain strong, making it a reliable choice for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Guatemalan Tomorrow Fund Inc legitimate?
Guatemalan Tomorrow Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Guatemalan Tomorrow 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: $55,417
Professional Fundraising Fees: $0
Other Salaries and Wages: $36,167
For more financial information, click here
Official website here: www.thegtfund.org
What is the mission statement of Guatemalan Tomorrow Fund Inc?
The Guatemalan Tomorrow Fund Inc's mission is centered around empowering the indigenous people of Guatemala. They aim to achieve self-sustainability by supporting projects that enhance health care, decrease illiteracy, promote environmentally friendly agriculture, boost income levels, increase civic awareness, and aid at-risk youth in securing employment. The organization's activities primarily involve providing financial aid and program support for Asociacin Ak Tenamit, a Guatemalan non-profit association dedicated to delivering education, healthcare, and community development.
Official website here: www.thegtfund.org
Who is the CEO of Guatemalan Tomorrow Fund Inc?
Debora Kerr is the Executive Director of Guatemalan Tomorrow Fund Inc.
Official website here: www.thegtfund.org
What is the revenue of Guatemalan Tomorrow Fund Inc?
Guatemalan Tomorrow Fund Inc's revenue in 2022 was $934,353.
Official website here: www.thegtfund.org
Who are the executives of Guatemalan Tomorrow Fund Inc and what are their salaries?
The average compensation at Guatemalan Tomorrow Fund Inc during 2022 was $45,792. There are 2 employees and 10 volunteers at Guatemalan Tomorrow Fund Inc.
Here are 11 key members and their salaries:
- Compensation: $55,000
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Official website here: www.thegtfund.org
Where can I find the form 990 for Guatemalan Tomorrow Fund Inc?
Guatemalan Tomorrow Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thegtfund.org
Learn more at the official website: www.thegtfund.org
Mission Statement of Guatemalan Tomorrow Fund Inc
Guatemalan Tomorrow Fund, a nonprofit organization, is dedicated to empowering indigenous people in Guatemala to achieve self-sufficiency. To achieve this goal, the organization supports projects that focus on various aspects of community development. These projects aim to improve health care, decrease illiteracy, promote environmentally friendly agriculture, boost income levels, enhance civic awareness, and provide employment opportunities for at-risk youth. By investing in these initiatives, Guatemalan Tomorrow Fund seeks to enable the indigenous population of Guatemala to become self-sufficient and improve their quality of life.
In pursuit of this mission, Guatemalan Tomorrow Fund provides financial assistance and program support for Asociacin Ak Tenamit, a non-profit association based in Guatemala. Ak Tenamit is committed to providing education, healthcare, and community development services to the local population. Through its partnership with Guatemalan Tomorrow Fund, Ak Tenamit can effectively implement and sustain these initiatives, ultimately contributing to the self-sufficiency of the indigenous community in Guatemala. By supporting projects that address multiple facets of community development, Guatemalan Tomorrow Fund is making a significant impact in improving the lives of the indigenous people of Guatemala.
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Impact
July, 2024
Guatemalan Tomorrow Fund Inc enables indigenous people of Guatemala to become self-sustaining by supporting projects that improve health care, reduce illiteracy, promote environmentally sound agriculture, raise income levels, increase awareness in civic affairs, and help at-risk youth gain employment. Through providing funds and program support for the field operations of Asociación Ak Tenamit, a non-profit organization in Guatemala, Guatemalan Tomorrow Fund Inc is making a significant impact. Their work is contributing to the overall development and well-being of indigenous communities in Guatemala, working towards a more sustainable and prosperous future for these populations.
This information is meant to be a general summary of Guatemalan Tomorrow 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,434
- Gross Receipts: $938,363
Assets and Liabilities:
- Total Assets: $881,151
- Total Liabilities: $2,439
- Net Assets: $878,712
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Organization Details
Founding Year
1997
Principal Officer
Debora Kerr
Main Address
125 W Indiantown Rd STE 205, Jupiter, FL, 334583539
Website
www.thegtfund.orgNTEE Category
Code: Q300 - International
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