Overview
What is Tasis Dorado Educational Foundation Inc?
Tasis Dorado Educational Foundation Inc, situated in Dorado, Puerto Rico, is a nonprofit organization dedicated to providing educational services and fundraising for scholarship grants and financial assistance towards tuition and related educational costs for students residing in Puerto Rico and enrolled in Tasis School of Dorado. With a team of 165 employees, the foundation's mission is to make education accessible for students by raising funds through donations.
Official website here: www.tasisdorado.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Stars, 74%)
The Tasis Dorado Educational Foundation Inc has received a two-star rating on Charity Navigator, indicating an overall need for improvement in its operational and financial practices. While the organization scores well in areas such as financial statements oversight and conflict of interest policies, it significantly lacks independent board members, which raises concerns about governance and accountability.
Strengths of the foundation include a solid performance in asset management and a commendable program expense ratio, suggesting that a significant portion of its funds is directed towards its mission-related activities. Additionally, the organization has established policies for whistleblower protection and document retention, which are positive indicators of operational integrity.
However, the absence of independent board members and missing tax forms on its website are notable weaknesses that could affect transparency and stakeholder trust. These factors contribute to the overall score and highlight areas where the organization could enhance its accountability practices to better serve its mission and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Tasis Dorado Educational Foundation Inc legitimate?
Tasis Dorado Educational Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tasis Dorado Educational Foundation 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: $357,505
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,409,505
For more financial information, click here
Official website here: www.tasisdorado.com
What is the mission statement of Tasis Dorado Educational Foundation Inc?
The Tasis Dorado Educational Foundation Inc focuses on providing educational services and raising funds through donations. Their mission is to utilize these funds to grant scholarships and offer financial assistance for tuition and other educational expenses for students in need. The organization aims to broaden access to education by easing the financial burden, allowing students to pursue their academic goals unhindered. Through generous contributions, the Foundation enables deserving students to continue their education and reach their full potential. By providing scholarships and financial assistance, the Foundation is making a significant impact on the lives of students, empowering them to build a brighter future.
Official website here: www.tasisdorado.com
Who is the CEO of Tasis Dorado Educational Foundation Inc?
Federico Stubbe is the Head Of Scho of Tasis Dorado Educational Foundation Inc.
Official website here: www.tasisdorado.com
What is the revenue of Tasis Dorado Educational Foundation Inc?
Tasis Dorado Educational Foundation Inc's revenue in 2022 was $19,818,623.
Official website here: www.tasisdorado.com
Who are the executives of Tasis Dorado Educational Foundation Inc and what are their salaries?
The average compensation at Tasis Dorado Educational Foundation Inc during 2022 was $41,012. There are 165 employees and 7 volunteers at Tasis Dorado Educational Foundation Inc.
Here are 13 key members and their salaries:
- Compensation: $254,535
- Related: $0
- Other: $41,075
- Compensation: $148,879
- Related: $0
- Other: $40,051
- Compensation: $116,900
- Related: $0
- Other: $4,676
- Compensation: $86,185
- Related: $0
- Other: $29,823
- Compensation: $52,401
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $20,238
- Compensation: $0
- Related: $0
- Other: $19,045
- Compensation: $0
- Related: $0
- Other: $14,221
- Compensation: $0
- Related: $0
- Other: $14,015
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.tasisdorado.com
Where can I find the form 990 for Tasis Dorado Educational Foundation Inc?
Tasis Dorado Educational Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.tasisdorado.com
Learn more at the official website: www.tasisdorado.com
Mission Statement of Tasis Dorado Educational Foundation Inc
The Tasis Dorado Educational Foundation Inc is a charitable organization dedicated to providing educational services and raising funds through donations. Their mission is geared towards granting scholarships and financial assistance for tuition and various educational costs to students residing in Puerto Rico and enrolled in Tasis School of Dorado.
In simpler terms, this foundation plays a pivotal role in making education more accessible for students in Puerto Rico by offering financial aid. Through their fundraising efforts, they collect donations and allocate these resources towards awarding scholarships and providing financial assistance to help ease the financial burden of tuition and related educational expenses for qualified students.
The Tasis Dorado Educational Foundation Inc is not only investing in the future of these students but also in the development of their potential. With their support, students are given the opportunity to pursue their academic goals despite financial constraints. By offering scholarships and financial aid, the foundation is enabling students to embrace their educational journey and contribute to their communities with the knowledge and skills they acquire.
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Impact
October, 2024
Tasis Dorado Educational Foundation Inc significantly enhances access to quality education for students in Puerto Rico by providing vital financial support through scholarships and assistance with tuition costs. By raising funds through donations, the foundation enables more families to afford educational services at the Tasis School of Dorado, thereby reducing financial barriers that would otherwise limit educational opportunities. This impact fosters academic growth and contributes to a more educated community, empowering students to achieve their full potential. Through these efforts, the foundation plays a crucial role in nurturing future leaders and innovators in the region.
This information is meant to be a general summary of Tasis Dorado Educational Foundation 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: $69,018
- Program Service Revenue: $12,863,126
- Gross Receipts: $19,818,623
Assets and Liabilities:
- Total Assets: $29,424,264
- Total Liabilities: $7,885,586
- Net Assets: $21,538,678
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION AND ENROLLMENT FEES
Revenue
$12,863,126
Organization Details
Founding Year
2008
Phone
(787) 796-0440Principal Officer
Federico Stubbe
Website
www.tasisdorado.comNTEE Category
Code: B20 - Education
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