Tanzania Education Fund Inc
Nonprofit profile at a glance
- EIN
- 541989754
- IRS 990 coverage
- 2015–2024
- Forms available
- Form 990 2024, Form 990-EZ 2014
- Location
- Vienna, VA, USA
- Phone
- 7039389668
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- International Development
Reported finances
- Revenue
- $73,618
- Expenses
- $48,552
- Assets
- $201,381
- Liabilities
- $1,905
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
13 people listed
Executive titles in this filing
- JOHN CARNEY (PRESIDENT)
- CARL L BIGGS (VICE PRESIDENT)
- DAPHNE SLOAN (EXECUTIVE DIRECTOR)
People named in this filing
- JOHN CARNEY (PRESIDENT)
- CARL L BIGGS (VICE PRESIDENT)
- MARGIE CARSON (SECRETARY)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Build and maintain a school in bagamoyo, tanzania
What it reported doing in 2024
The organization sent $41,850 to the school in tanzania in 2024 to provide operating & building support.
Operating model
- Revenue model
- Donor-supported. 92% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 80
- Transparency & Controls: 92
- Accountability: 76
- Sustainability: 62
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 66.6%; rating input score 67
- Program expense ratio: 96.8%; rating input score 97
- Fundraising efficiency: $112.72 raised per $1 spent on fundraising; rating input score 90; 90th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 3 of 7 controls in place; rating input score 43
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 34%; rating input score 81; 81st percentile among comparable filings
- Total-asset coverage ratio: 4.15; rating input score 46; 46th percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 28; 28th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 60; 60th percentile among comparable filings
Growth
- Program expense growth: 11.2% per year; rating input score 100; 77th percentile among comparable filings
- Revenue growth: 2.9% per year; rating input score 100; 71st percentile among comparable filings
- Asset growth: 7.5% per year; rating input score 100; 74th percentile among comparable filings
Details
- Where the money goes: 66.6% of revenue deployed · 96.8% of spending went to programs
- Governance: 13 of 13 board members independent · 3 of 7 filing controls reported
- Programs: 4 filed program accomplishments · $47K in reported program spending
- Leadership: top reported pay $0 · 13 people listed
- Consistency: 15 of 15 current checks pass
- Schedules: 4 filed schedules · includes major donors
- Filing history: 10 filing years from 2015 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Accountability: Governance controls: 3 of 6 not reported.
- Moderate — Sustainability: Total-asset coverage ratio scored 46/100.
- High — Sustainability: Liabilities to assets ratio scored 28/100.