Overview
What is Ethiopia Education Initiatives Inc?
Ethiopia Education Initiatives Inc is a nonprofit organization situated in New York City, specifically at 326 East 18th Street, New York, NY 10003. Its primary mission is to offer high-quality educational opportunities to gifted students in Ethiopia. With a team of 15 dedicated individuals, the organization is committed to enhancing educational prospects for talented individuals in Ethiopia. The specifics of their activities or mission remain the same: providing top-notch educational opportunities for talented students in this African nation.
Official website here: www.ethiopiaed.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88%, Three-Star out of Four Star rating.
Ethiopia Education Initiatives Inc has received an overall score of 88%, reflecting a strong performance particularly in the area of Accountability and Finance. The organization boasts a high percentage of independent board members, ensuring robust governance, and scores full marks in several critical metrics, such as financial statements and the absence of material diversion of assets.
On the positive side, the nonprofit maintains a high program expense ratio of 87.35%, indicating that a substantial portion of its budget is directed towards its educational initiatives. The presence of both a conflict of interest policy and comprehensive board meeting minutes further demonstrates a commitment to transparency and good governance practices. However, the organization lacks a whistleblower policy, which could present a potential area for improvement in safeguarding staff and stakeholder interests.
Overall, Ethiopia Education Initiatives Inc shows commendable strengths in its financial management and governance while also having opportunities to enhance its policies related to whistleblower protections. The organization's dedication to accountability positions it favorably among nonprofit organizations in the education sector.
This AI summary has been generated from information found on Charity Navigator.
Is Ethiopia Education Initiatives Inc legitimate?
Ethiopia Education Initiatives Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ethiopia Education Initiatives 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: $443,117
For more financial information, click here
Official website here: www.ethiopiaed.org
What is the mission statement of Ethiopia Education Initiatives Inc?
Ethiopia Education Initiatives Inc is committed to providing high-quality educational opportunities for gifted students within Ethiopia. Their mission is centered around identifying and nurturing academic talent, aiming to equip these students with the necessary skills and knowledge to make significant contributions to their communities and beyond. By offering these opportunities, the organization aims to foster a generation of educated and capable individuals who can contribute positively to Ethiopia's development. The initiatives undertaken by Ethiopia Education Initiatives Inc are focused on providing an enriching learning environment that caters to the unique needs and potential of each talented student.
Official website here: www.ethiopiaed.org
Who is the CEO of Ethiopia Education Initiatives Inc?
Unavailable
Official website here: www.ethiopiaed.org
What is the revenue of Ethiopia Education Initiatives Inc?
Ethiopia Education Initiatives Inc's revenue in 2023 was $1,544,561.
Official website here: www.ethiopiaed.org
Who are the executives of Ethiopia Education Initiatives Inc and what are their salaries?
The average compensation at Ethiopia Education Initiatives Inc during 2023 was $29,541. There are 15 employees at Ethiopia Education Initiatives Inc.
Here are 13 key members and their salaries:
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Official website here: www.ethiopiaed.org
Where can I find the form 990 for Ethiopia Education Initiatives Inc?
Ethiopia Education Initiatives Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.ethiopiaed.org
Learn more at the official website: www.ethiopiaed.org
Mission Statement of Ethiopia Education Initiatives Inc
Ethiopia Education Initiatives Inc, as the name suggests, is dedicated to providing top-notch educational opportunities for gifted students in Ethiopia. Their primary mission is to identify and support academically talented individuals, ensuring they have access to quality education that can foster their growth and development. By offering these opportunities, the organization aims to contribute to Ethiopia's intellectual and societal advancement. The ultimate goal is to empower these students, equipping them with the knowledge and skills necessary to make significant contributions to their communities and the world at large.
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Impact
July, 2024
Ethiopia Education Initiatives Inc has a significant impact on providing quality educational opportunities for talented students in Ethiopia. Through their initiatives, they are helping to bridge the educational gap and empower students with the knowledge and skills needed to succeed in their academic and professional endeavors. By focusing on education, Ethiopia Education Initiatives Inc is contributing to the development of a more educated and skilled workforce in Ethiopia, ultimately leading to a brighter future for the country and its people.
This information is meant to be a general summary of Ethiopia Education Initiatives 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 2023.
- Investment Income: $70,351
- Program Service Revenue: $78,784
- Gross Receipts: $1,570,307
Assets and Liabilities:
- Total Assets: $12,636,504
- Total Liabilities: $296,540
- Net Assets: $12,339,964
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION & FEES
Revenue
$78,784
Organization Details
Founding Year
2016
Phone
(917) 273-3846Main Address
326 EAST 18TH STREET, NEW YORK, NY, 10003
Website
www.ethiopiaed.orgNTEE Category
Code: B20 - Education
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