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3E Funding Inc

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

EIN: 831011088 ✦ Clarksville, TN ✦ Designated as a 501(c)(3)

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Overview

What is 3E Funding Inc?

3E Funding Inc is a nonprofit organization situated in Clarksville, Tennessee, with an address at 133 Danford Drive, 37043. Their primary mission is to provide financial assistance to students, helping cover expenses related to education, extracurricular activities, sports, arts, sciences, and religion. Additionally, they offer aid in covering medical expenses for individuals in need. This supportive role in the community aims to foster learning and well-being for all.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Two Stars (60%)

3E Funding Inc has received a Two-Star out of Four Star rating from Charity Navigator, indicating a score of 60%. This rating reflects concerns primarily in the areas of accountability and financial transparency. While the organization excels in having a fully independent board, it lacks key financial documentation and policies that are fundamental for donor trust and organizational governance.

The charity has a strong program expense ratio, meaning that it allocates 100% of its expenses directly to its programs, which is a positive indicator of its operational efficiency. However, the absence of essential financial statements and various governance policies raises significant red flags. The organization has not posted its tax form on the website, nor does it have a conflict of interest or whistleblower policy in place, which are crucial for ensuring accountability.

In summary, while 3E Funding Inc demonstrates strengths in certain operational areas, its overall rating suggests a need for improvement in transparency and governance practices to enhance donor confidence and organizational credibility.


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

Is 3E Funding Inc legitimate?

3E Funding Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. 3E Funding 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: $0

For more financial information, click here

What is the mission statement of 3E Funding Inc?

3E Funding Inc's mission is centered around providing financial assistance for students. Their goal is to offer scholarships to cover educational expenses, as well as costs associated with extracurricular activities, sports, arts, sciences, and religion. Furthermore, they aim to help those in need with medical expenses. In essence, their mission is to support the holistic development of students, ensuring they have the necessary resources to excel in their academic pursuits and personal interests.

Who is the CEO of 3E Funding Inc?

Shandy Ellis-Brown is the President of 3E Funding Inc.

What is the revenue of 3E Funding Inc?

3E Funding Inc's revenue in 2022 was $536,563.

Who are the executives of 3E Funding Inc and what are their salaries?


Here are 2 key members and their salaries:


Shandy Ellis-Brown (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tiffany Ellis-Brown (Secretary/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for 3E Funding Inc?

3E Funding Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of 3E Funding Inc

3E Funding Inc, a nonprofit organization, is committed to providing financial aid for various aspects of a student's life. Their mission encompasses offering scholarships for educational pursuits, as well as extracurricular activities, sports, arts, sciences, and religious studies. Moreover, they extend their support to cover medical expenses for individuals in need. By doing so, 3E Funding Inc aims to empower students and those facing financial hardships, enabling them to fully participate in their educational journeys and personal development.

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Impact




July, 2024

3E Funding Inc's impact is significant in supporting youth development through the provision of student scholarships for education, extracurricular activities, sports, arts, sciences, and religion. Additionally, the organization plays a crucial role in assisting individuals in need by covering medical expenses. By offering these opportunities and resources, 3E Funding Inc positively influences the lives of students and individuals facing financial challenges in Clarksville, TN, fostering a brighter future for them and contributing to the overall well-being of the community.




This information is meant to be a general summary of 3E Funding 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
$536,563 (2022)
Expenses
$379,892 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $536,563
  • Gross Receipts: $536,563

Assets and Liabilities:

  • Total Assets: $268,851
  • Total Liabilities: $0
  • Net Assets: $268,851

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Programs

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

CONCESSIONS

Revenue

$536,563

Organization Details

Founding Year

2018

Principal Officer

Shandy Ellis-Brown

Main Address

133 DANFORD DR, CLARKSVILLE, TN, 37043

NTEE Category

Code: O12 - Youth development

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