Overview
What is The Children's Education Initiative?
The Children's Education Initiative (TCEI) is a charitable organization situated in San Diego, California. With a focus on socioeconomically disadvantaged children, TCEI provides financial aid in the form of tuition assistance and various programs to selected private schools that hold 501(c)(3) tax-exempt status under the Internal Revenue Code. The organization's primary mission is to enhance the educational quality for underprivileged children across the United States, striving to make a positive impact on their lives and future prospects.
Official website here: www.tcei.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: Zero-Star out of Four Stars (47%)
The Children's Education Initiative has received a Zero-Star rating from Charity Navigator, reflecting significant concerns regarding its financial accountability and performance. The overall score, derived solely from the Accountability & Finance beacon, indicates a lack of effective financial management, particularly in key areas such as program expenses and fundraising efficiency.
Despite the low financial score, the organization has strengths in governance, with a fully independent board and robust policies in place, including conflict of interest and whistleblower protections. This suggests that the leadership is committed to ethical practices and oversight. However, the absence of program expenses and fundraising efforts raises questions about the impact and operational effectiveness of the organization.
Overall, while The Children's Education Initiative demonstrates strong governance standards, the serious deficiencies in financial metrics highlight a critical need for improvement in operational strategy and resource allocation to fulfill its mission effectively.
This AI summary has been generated from information found on Charity Navigator.
Is The Children's Education Initiative legitimate?
The Children's Education Initiative is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Children's Education Initiative 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
Official website here: www.tcei.org
What is the mission statement of The Children's Education Initiative?
The Children's Education Initiative, often referred to as TCEI, is committed to enhancing the educational quality for economically disadvantaged children in the United States. Their mission is centered around providing financial aid to recognized private schools, classified as tax-exempt organizations under Section 501(C)(3) of the Internal Revenue Code. This funding is utilized to offer tuition assistance and various programs designed to support socioeconomically disadvantaged children. By doing so, TCEI aims to level the playing field in education, ensuring these children have equal opportunities to succeed.
Official website here: www.tcei.org
Who is the CEO of The Children's Education Initiative?
Michael Hearne is the Director of The Children's Education Initiative. The CEO's salary of The Children's Education Initiative is $0 and their total compensation is $0.
Official website here: www.tcei.org
What is the revenue of The Children's Education Initiative?
The Children's Education Initiative's revenue in 2022 was $5,401,108.
Official website here: www.tcei.org
Who are the executives of The Children's Education Initiative and what are their salaries?
There 5 volunteers at The Children's Education Initiative.
Here are 6 key members and their salaries (The Children's Education Initiative's CEO's salary is $0 and their total compensation is $0):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.tcei.org
Where can I find the form 990 for The Children's Education Initiative?
The Children's Education Initiative's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.tcei.org
Learn more at the official website: www.tcei.org
Mission Statement of The Children's Education Initiative
The Children's Education Initiative (TCEI) is committed to enhancing the educational quality for socioeconomically disadvantaged children. This nonprofit organization's mission is to provide financial aid in the form of tuition assistance and various programs to recognized private schools that operate under Section 501(C)(3) of the Internal Revenue Code, across the United States. TCEI's goal is to ensure that these children, who may otherwise be left behind due to their financial circumstances, have equal access to quality education.
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Impact
July, 2024
The Children's Education Initiative has positively impacted the lives of socioeconomically disadvantaged children by providing funds to selected private schools for tuition assistance and other programs. These initiatives have helped improve the quality of education for these children across the U.S., offering them opportunities they may not have had otherwise.
This information is meant to be a general summary of The Children's Education Initiative. 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.
- Investment Income: $693,157
- Gross Receipts: $5,401,108
Assets and Liabilities:
- Total Assets: $105,424,764
- Total Liabilities: $1,500
- Net Assets: $105,423,264
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Organization Details
Founding Year
2019
Phone
(858) 200-3830Principal Officer
Michael Hearne
Main Address
4747 EXECUTIVE DRIVE 210, SAN DIEGO, CA, 92121
Website
www.tcei.orgNTEE Category
Code: B12 - Education
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