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Tumblehome Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 824411465 ✦ Boston, MA ✦ Designated as a 501(c)(3)

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Overview

What is Tumblehome Inc?

Tumblehome Inc, based in Boston, Massachusetts, is a nonprofit organization with a mission to inspire young minds. They specialize in research, design, and distribution of science-related books, utilizing these resources to foster a sense of curiosity and exploration in young learners. Their ultimate goal is to encourage children to envision themselves as scientists and engineers, harnessing the power of captivating stories and engaging activities. With a team of four dedicated individuals, Tumblehome Inc is committed to igniting a passion for science and engineering in the next generation.


Official website here: www.tumblehomelearning.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement, 60%

Tumblehome Inc has received a Two-Star out of Four Star rating from Charity Navigator, indicating a need for improvement in various operational aspects. While the organization demonstrates strong governance with 100% independent board members and a low liabilities to assets ratio of 7.56%, it faces significant challenges in transparency and accountability. The absence of key financial documents and policies such as conflict of interest and whistleblower policies hinder its overall score.

The program expense ratio stands at 62.65%, suggesting that a majority of its expenses are directed towards its mission-related activities. However, the lack of financial statements and transparency in reporting raises concerns for potential donors regarding the organization's financial health and operational integrity.

Overall, while Tumblehome Inc shows strengths in governance, it must address its deficiencies in documentation and policy implementation to improve its standing and foster greater trust among stakeholders.


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

Is Tumblehome Inc legitimate?

Tumblehome Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tumblehome 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: $259,482

For more financial information, click here


Official website here: www.tumblehomelearning.com

What is the mission statement of Tumblehome Inc?

Tumblehome Inc's mission is centered around inspiring young minds to envision themselves as scientists and engineers. They achieve this through the compelling medium of stories and engaging activities. By leveraging their expertise in research, design, and distribution, they produce science-related books tailored for educational purposes, thereby fostering a curiosity and passion for scientific and engineering fields in the younger generation.


Official website here: www.tumblehomelearning.com

Who is the CEO of Tumblehome Inc?

Pendred Noyce is the President of Tumblehome Inc.


Official website here: www.tumblehomelearning.com

What is the revenue of Tumblehome Inc?

Tumblehome Inc's revenue in 2022 was $614,062.


Official website here: www.tumblehomelearning.com

Who are the executives of Tumblehome Inc and what are their salaries?

The average compensation at Tumblehome Inc during 2022 was $64,870. There are 4 employees at Tumblehome Inc.


Here are 6 key members and their salaries:


Walter Simson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Rasmussen (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elliot Lobel (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diane Burbano (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michele Courton Brown (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pendred Noyce (Executive Director)
  • Compensation: $120,000
  • Related: $0
  • Other: $0


Official website here: www.tumblehomelearning.com

Where can I find the form 990 for Tumblehome Inc?

Tumblehome Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.tumblehomelearning.com

Learn more at the official website: www.tumblehomelearning.com

Mission Statement of Tumblehome Inc

Tumblehome Inc, a nonprofit organization, is dedicated to inspiring young minds to envision themselves as future scientists and engineers. They achieve this mission through the potent combination of captivating stories and interactive activities. The core of their operation involves conducting extensive research, designing, and distributing a variety of science-related books tailored for educational purposes. By integrating storytelling and hands-on activities, Tumblehome Inc aims to ignite a spark of curiosity and passion for science and engineering in the hearts of young individuals, thereby fostering a generation of innovative thinkers.

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Impact




July, 2024

Tumblehome Inc's impact is centered around inspiring young people to envision themselves as scientists and engineers through engaging stories and activities. They achieve this through their research, design, and distribution of science-related books for educational purposes. Based in Boston, Massachusetts, Tumblehome Inc's mission is to spark curiosity and exploration in the minds of youth, encouraging them to pursue careers in STEM fields. By providing valuable resources and narratives that promote scientific curiosity, Tumblehome Inc plays a crucial role in shaping the future of science education for the next generation.




This information is meant to be a general summary of Tumblehome 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
$614,062 (2022)
Expenses
$555,928 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,907
  • Program Service Revenue: $193,749
  • Gross Receipts: $614,062

Assets and Liabilities:

  • Total Assets: $331,352
  • Total Liabilities: $25,068
  • Net Assets: $306,284

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

BOOK SALES

Revenue

$192,149

OTHER REVENUE

Revenue

$1,600

Organization Details

Founding Year

2018

Principal Officer

Pendred Noyce

Main Address

201 NEWBURY STREET 201, BOSTON, MA, 02116

NTEE Category

Code: B90 - Education

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