Genanaw Foundation Inc

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

EIN: 853541102 ✦ Brookeville, MD ✦ Designated as a 501(c)(3)

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Overview

What is Genanaw Foundation Inc?

Genanaw Foundation Inc, situated in Brookeville, Maryland, is a charitable organization that has significantly impacted the local community. Their primary endeavor involves providing essential resources for a school and its surrounding families. By investing in a transformer, they ensured a reliable electricity supply, benefitting approximately 500 family members. Furthermore, the foundation responded to requests for school materials and additional supplies, positively impacting around 300 students. The Genanaw Foundation's commitment to community betterment is evident in its proactive approach to addressing local needs.

Is Genanaw Foundation Inc legitimate?

Genanaw Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Genanaw Foundation Inc submitted a form 990EZ, 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.

What is the mission statement of Genanaw Foundation Inc?

The Genanaw Foundation, in its operations, has focused on enhancing educational opportunities and improving living conditions in a community. Specifically, it has invested in providing electricity for a school and its surrounding community, benefiting nearly 500 families. Furthermore, the foundation has supplied school materials and other essentials to the school upon request, positively impacting around 300 students. The organization's efforts aim to enrich the educational experience and living conditions of the beneficiaries.

Who is the CEO of Genanaw Foundation Inc?

Dereje Genanaw is the President of Genanaw Foundation Inc.

What is the revenue of Genanaw Foundation Inc?

Genanaw Foundation Inc's revenue in 2022 was $51,110.

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


Here are 6 key members and their salaries:


Dereje Genanaw (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Bennett (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Gerstenfield (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Demirji (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bereket Teshale (Foundation Rep In Ethiopia)
  • Compensation: $300
  • Related: $0
  • Other: $0
Denenesh Genanaw (Foundation Treasurer In Ethiopia)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Genanaw Foundation Inc?

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

Mission Statement of Genanaw Foundation Inc

Genanaw Foundation Inc, a non-profit organization, is committed to enhancing the lives of a community in Brookeville, MD. Their mission is twofold. Firstly, they have invested in providing electricity for the local school and community, benefiting nearly 500 families. This initiative ensures a conducive learning environment for over 300 school children and improves the quality of life for the surrounding community. Secondly, the foundation responds to the school's requests for additional supplies and materials, catering to the needs of the students. By doing so, Genanaw Foundation Inc is contributing to the education and well-being of the next generation, thereby making a significant impact on the community as a whole.

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Impact




August, 2024

Genanaw Foundation Inc's impact is significant in providing electricity to the school and community by purchasing a transformer, benefiting close to 500 families. They have also made a positive difference by offering school materials and supplies to the school, benefiting 300 school children. These actions showcase their commitment to education and community development in Brookeville, MD.




This information is meant to be a general summary of Genanaw 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
$51,110 (2022)
Expenses
$10,989 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $51,110

Assets and Liabilities:

  • Total Assets: $62,320
  • Total Liabilities: $0
  • Net Assets: $62,320

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Organization Details

Principal Officer

Dereje Genanaw

Main Address

21821 GAITHERS MEADOW LANE, BROOKEVILLE, MD, 20833

NTEE Category

Code: B20 - Education

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