Overview
What is Jacaranda Foundation Inc?
The Jacaranda Foundation Inc, based in New York, New York, is a dedicated nonprofit organization working tirelessly to improve education and combat HIV/AIDS in Malawi, Africa. They offer completely free preschool, primary, and secondary education to 493 orphaned and underprivileged students. Beyond academics, the foundation ensures daily nutrition, HIV/AIDS awareness activities, medical care, and various enrichment programs including music, arts, sports, and agriculture. They also offer university scholarships to high-achieving graduates, with numerous alumni securing employment as teachers, nurses, doctors, engineers, and IT technicians in Malawi. Additionally, they support 18 students pursuing higher education in international universities across Africa.
Official website here: www.jacarandafoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 53%, One-Star out of Four Star rating.
The Jacaranda Foundation Inc has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and finance practices. The organization scored particularly low in key areas, including governance, with 0% of its board members being independent, which raises questions about oversight and decision-making processes. Additionally, the absence of crucial policies such as Conflict of Interest, Whistleblower, and Document Retention highlights potential vulnerabilities in operational integrity.
On a positive note, the foundation maintains a strong program expense ratio of 72%, suggesting that a large majority of its funds are directed towards its programs rather than administrative costs. Moreover, it reported no material diversion of assets, which is a critical indicator of financial health. The organization also has a favorable liabilities to assets ratio, standing at 0.00%, demonstrating that it does not carry debt.
However, despite these strengths in programmatic spending and financial management, the foundation's lack of transparency and governance policies poses serious concerns. The missing board meeting minutes and failure to post tax forms online further detract from its accountability. This combination of strong program performance tempered by weak governance signals a need for improvement in how the organization manages its operations and communicates with stakeholders.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Jacaranda Foundation Inc?
96% of 32 reviewers on Facebook recommend Jacaranda Foundation Inc. Here is a summary of their reviews:
Many supporters describe the organization as amazing, highlighting the impactful work it does in the community. The positive sentiments are overwhelming, with users appreciating the dedication and commitment shown by the foundation.
Overall, it's clear that Jacaranda Foundation Inc successfully meets the needs of those it serves, fostering a sense of trust and satisfaction among its supporters. The collective praise indicates a strong reputation and a positive perception of the organization’s contributions.
This AI summary has been generated from reviews found on Facebook.
Is Jacaranda Foundation Inc legitimate?
Jacaranda Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Jacaranda 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:
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Official website here: www.jacarandafoundation.org
What is the mission statement of Jacaranda Foundation Inc?
The Jacaranda Foundation Inc's mission is centered around building a school, providing education, and preventing the spread of AIDS in Malawi, Africa. The organization offers free preschool, primary, and secondary education to 493 underprivileged students. Alongside education, they provide daily nutrition, medical care, and various enrichment programs such as music, arts, sports, and agriculture. The foundation also offers university scholarships to high-performing students, fostering their higher education. Moreover, they provide HIV/AIDS awareness activities and medical care, aiming to combat the disease in the community.
Official website here: www.jacarandafoundation.org
Who is the CEO of Jacaranda Foundation Inc?
John Staheli is the Board Member of Jacaranda Foundation Inc.
Official website here: www.jacarandafoundation.org
What is the revenue of Jacaranda Foundation Inc?
Jacaranda Foundation Inc's revenue in 2022 was $483,643.
Official website here: www.jacarandafoundation.org
Who are the executives of Jacaranda Foundation Inc and what are their salaries?
Here are 11 key members and their salaries:
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Official website here: www.jacarandafoundation.org
Where can I find the form 990 for Jacaranda Foundation Inc?
Jacaranda Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.jacarandafoundation.org
Learn more at the official website: www.jacarandafoundation.org
Mission Statement of Jacaranda Foundation Inc
The Jacaranda Foundation, a nonprofit organization, is dedicated to making a substantial impact in Malawi, Africa. Its mission is multifaceted, encompassing the construction of schools, the provision of education, and the prevention of AIDS. This mission translates into practical actions, such as offering entirely free preschool, primary, and secondary education to 493 orphaned and underprivileged students. Beyond academic instruction, the foundation provides daily nutrition, HIV and AIDS awareness activities, medical care, and a variety of enrichment programs, including music, arts, sports, and agriculture.
In addition to these services, the Jacaranda Foundation extends its support to its students after they graduate from high school. It offers university scholarships to high achievers, currently supporting 28 students in Malawian universities and 18 in international universities across Africa (in countries like Kenya, Zambia, Zimbabwe, Botswana, and Mauritius island). The foundation's commitment to education extends beyond the classroom, as over 120 of its college graduates have secured qualified employment in Malawi, working in diverse fields such as teaching, nursing, medicine, engineering, and IT.
In summary, the Jacaranda Foundation is a charitable organization that is deeply invested in the future of Malawi and its people. Through its mission of building schools, providing education, and preventing the spread of AIDS, it is empowering a new generation of Malawian leaders and contributing to the overall development of the country.
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Impact
July, 2024
Jacaranda Foundation Inc's impact is truly transformative. Through its work in Malawi, Africa, the organization provides free preschool, primary school, and secondary school education to 493 orphaned and underprivileged students. In addition to education, the foundation offers daily nutrition, HIV & AIDS awareness activities, medical care, music, arts, sports, and agriculture enrichment programs. Furthermore, Jacaranda Foundation awards university scholarships to high school graduates, with students enrolled in universities in Malawi and several other African countries.
The impact of the foundation goes beyond education, as it has enabled over 120 college graduates to secure qualified employment in Malawi as teachers, nurses, doctors, engineers, and IT technicians. By offering holistic support and educational opportunities, Jacaranda Foundation is making a lasting difference in the lives of individuals and the community as a whole.
This information is meant to be a general summary of Jacaranda 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.
- Gross Receipts: $483,643
Assets and Liabilities:
- Total Assets: $518,487
- Total Liabilities: $0
- Net Assets: $518,487
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Organization Details
Phone
(203) 216-6089Principal Officer
John Staheli
Main Address
2578 BROADWAY, NEW YORK, NY, 10025
Website
www.jacarandafoundation.orgNTEE Category
Code: P12 - Human services
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