Overview
What is Sfte Inc?
Sfte Inc, located in Santa Fe, New Mexico, is a small-scale nonprofit organization with a mission to make the Suzuki philosophy of music education accessible and affordable to families residing in northern New Mexico. With a single employee, this educational organization aims to bridge the gap in music education, ensuring that the benefits of such learning opportunities are not limited by financial constraints. The exact location of Sfte Inc can be found at 1814 Tewa Road, Santa Fe, NM 87505.
Official website here: www.santafetalenteducation.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (61%, Two-Star out of Four Star rating)
Sfte Inc has received a rating of "Needs Improvement" from Charity Navigator, indicating some significant strengths but also notable weaknesses in governance and transparency. The organization scored 100% in accountability and finance due to an independent board structure, with all members meeting independence criteria. However, it lacks essential policies, including conflict of interest and whistleblower policies, which contributed to a lower overall score.
User feedback on platforms such as Great Nonprofits shows a positive reception from clients, particularly regarding the organization's commitment to music education. A client praised SFTE for its effective Suzuki method teaching, highlighting the patience of instructors and the importance of parental involvement in the learning process. The organization is recognized for fostering a love for music among children and providing opportunities for performance.
Despite its commendable program expense ratio of 80.97%, concerns regarding the liabilities to assets ratio (80.47%) and the absence of crucial documentation on its website may affect stakeholder trust. While the organization has strengths in its mission and community impact, addressing these governance issues could improve its overall performance and rating in the future.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Sfte Inc legitimate?
Sfte Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sfte 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: $31,010
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.santafetalenteducation.com
What is the mission statement of Sfte Inc?
Sfte Inc's mission is centered around making the Suzuki philosophy of music education accessible and affordable for families residing in Northern New Mexico. The organization strives to implement a program that aligns with this philosophy, aiming to broaden the reach of musical education without straining financial resources. This mission is an integral part of Sfte Inc's activities, contributing to the enrichment of the local community through music education.
Official website here: www.santafetalenteducation.com
Who is the CEO of Sfte Inc?
Margaret Carpenter is the President/Di of Sfte Inc.
Official website here: www.santafetalenteducation.com
What is the revenue of Sfte Inc?
Sfte Inc's revenue in 2022 was $40,483.
Official website here: www.santafetalenteducation.com
Who are the executives of Sfte Inc and what are their salaries?
The average compensation at Sfte Inc during 2022 was $31,010. There is 1 employee at Sfte Inc.
Here are 3 key members and their salaries:
- Compensation: $31,010
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.santafetalenteducation.com
Where can I find the form 990 for Sfte Inc?
Sfte Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.santafetalenteducation.com
Learn more at the official website: www.santafetalenteducation.com
Mission Statement of Sfte Inc
Sfte Inc, a nonprofit organization, is dedicated to making the Suzuki philosophy of music education accessible and affordable to families residing in Northern New Mexico. The mission of Sfte Inc is to introduce and promote this educational approach, ensuring that it becomes a viable option for local families who wish to nurture their children's musical talents. By doing so, Sfte Inc aims to enrich the lives of the community and foster a love for music among the younger generation.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
August, 2024
Sfte Inc is making a significant impact by providing a program that makes Suzuki philosophy of music education available and affordable to the families of Northern New Mexico. Through their educational activities in Santa Fe, NM, they are enabling more individuals to access music education, promoting creativity and artistic expression in the community. The organization's dedication to providing affordable educational opportunities demonstrates their commitment to enriching the lives of families in the region through the arts.
This information is meant to be a general summary of Sfte 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.
- Program Service Revenue: $38,277
- Gross Receipts: $40,483
Assets and Liabilities:
- Total Assets: $1,398
- Total Liabilities: $1,125
- Net Assets: $273
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$38,277
Organization Details
Founding Year
2006
Phone
(505) 231-9242Principal Officer
Margaret Carpenter
Main Address
1814 TEWA ROAD, SANTA FE, NM, 87505
NTEE Category
Code: A68 - Arts
If you are a representative of Sfte Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.