Tectum Foundation Inc

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

EIN: 853113805 ✦ Miami, FL ✦ Designated as a 501(c)(3)

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Overview

What is Tectum Foundation Inc?

Tectum Foundation Inc is a nonprofit organization dedicated to enhancing access to reliable news information for underserved communities in Latin America. Their mission is to empower these communities by offering a platform for free speech, shielding them from misleading information. To accomplish this, they plan to employ a team, including a coordinator and journalists, to oversee their operations and disseminate news through various media platforms and channels. This initiative aims to promote an informed and truthful society within these communities.

Is Tectum Foundation Inc legitimate?

Tectum Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tectum Foundation 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 Tectum Foundation Inc?

Tectum Foundation Inc's mission is centered around raising funds to establish a platform that promotes freedom of expression in underprivileged communities within Latin America. The primary objective is to provide these communities with access to reliable and independent news sources, thereby shielding them from the influence of disinformation and misinformation. The foundation plans to achieve this by utilizing various media platforms and dissemination mechanisms, employing a dedicated team for this purpose.

Who is the CEO of Tectum Foundation Inc?

Francisco Layrisse is the President of Tectum Foundation Inc.

What is the revenue of Tectum Foundation Inc?

Tectum Foundation Inc's revenue in 2021 was $577,977.

Who are the executives of Tectum Foundation Inc and what are their salaries?


Here are 3 key members and their salaries:


Francisco Layrisse (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Vera (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alejandro Puyana (Secretary / Treasury)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Tectum Foundation Inc?

Tectum Foundation Inc's most recent form 990 was submitted in 2021 and can be accessed here.

Mission Statement of Tectum Foundation Inc

Tectum Foundation Inc, a nonprofit organization, is committed to a noble mission. Its primary purpose is to raise funds and establish a platform that promotes freedom of expression in underserved communities in Latin America. This mission is crucial in enabling these communities to navigate through the clutter of disinformation and misinformation, thereby gaining access to credible news sources. Tectum Foundation Inc plans to achieve this objective by expanding the availability of independent news information to lower-income sectors of Latin America. It intends to achieve this expansion through various media platforms and information dissemination mechanisms. To operationalize this mission, the foundation will employ a team, including a coordinator and journalists, who will be responsible for managing and delivering this service.

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Impact




October, 2024

Tectum Foundation Inc significantly enhances access to independent and credible news information for lower-income sectors in Latin America. By utilizing multiple media platforms and information dissemination mechanisms, the organization works to empower vulnerable communities with reliable news that counters disinformation and misinformation. This initiative fosters freedom of expression, helping these communities stay informed and engaged. Through the hiring of a dedicated team, including coordinators and journalists, Tectum Foundation Inc aims to create a robust platform that supports independent journalism and ensures that marginalized voices are heard amid the challenges posed by unreliable information. The impact extends beyond just news access; it cultivates informed citizenship and strengthens democratic processes in the region.




This information is meant to be a general summary of Tectum Foundation 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
$577,977 (2021)
Expenses
$595,606 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Gross Receipts: $577,977

Assets and Liabilities:

  • Total Assets: $21,587
  • Total Liabilities: $39,216
  • Net Assets: -$17,629

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Organization Details

Founding Year

2020

Principal Officer

Francisco Layrisse

Main Address

777 SW 37th AVE 510, MIAMI, FL, 33135

NTEE Category

Code: Q35 - International

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