Tanzanian Childrens Fund Inc
- Assets
- $9.0m
- Revenue
- $4.0m
- Investments
- $0.0
- Employees
- 3
- Location
- Cambridge, MA
- Founding
- 05/2003
- Data as of
- 12/2021
- EIN
- 74-3087284
Organization Overview
Tanzanian Childrens Fund Inc is located in Cambridge, MA. The organization was established in 2003. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 12/2021, Tanzanian Childrens Fund Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tanzanian Childrens Fund Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Tanzanian Childrens Fund Inc generated $4.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.6% each year. All expenses for the organization totaled $2.3m during the year ending 12/2021. While expenses have increased by 6.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE TANZANIAN CHILDREN'S FUND PROVIDES SUPPORT FOR THE RIFT VALLEY CHILDREN'S VILLAGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE TANZANIAN CHILDREN'S FUND PROVIDES DIRECT SUPPORT TO THE RIFT VALLEY CHILDREN'S FUND (RVCF) IN THE KARATU DISTRICT OF TANZANIA, WHOSE PRIMARY OBJECTIVE IS TO SUPPORT MARGINALIZED CHILDREN LIVING AT THE RIFT VALLEY CHILDREN'S VILLAGE(RVCV). TO THIS END, THE RVCV SERVES AS A PERMANENT HOME TO OVER 100 CHILDREN. RVCF ALSO RUNS COMMUNITY-BASED PROGRAMS DESIGNED TO RAISE THE STANDARD OF LIVING FOR THE ENTIRE COMMUNITY AND CREATE A HEALTHY AND NURTURING ENVIRONMENT FOR ALL CHILDREN TO GROW UP IN. THESE PROGRAMS INCLUDE PARTNERSHIPS WITH THE LOCAL PRIMARY AND SECONDARY SCHOOLS, AN ECONOMIC ADVANCEMENT PROGRAM, AND A COMMUNITY RURAL HEALTH CLINIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
India Howell Founder & Director Of Fund | OfficerTrustee | 10 | $71,667 |
Margaret Bacon Development Chair | OfficerTrustee | 2 | $0 |
Kirsten Heinemann Secretary | OfficerTrustee | 2 | $0 |
Eleanor Doar Board Chair | OfficerTrustee | 2 | $0 |
Peter Leon Mmassy Tanzanian Managing Director | OfficerTrustee | 2 | $0 |
R Todd Cronan Treasurer | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $50,271 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,451,284 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,501,555 |
| Total Program Service Revenue | $10,216 |
| Investment income | $455,955 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,967,726 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $50,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $1,674,483 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $274,928 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $48,014 |
| Payroll taxes | $18,091 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $14,347 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $132,899 |
| Advertising and promotion | $0 |
| Office expenses | $26,271 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $19,936 |
| Travel | $24,514 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $7,618 |
| All other expenses | $0 |
| Total functional expenses | $2,337,259 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,734,941 |
| Savings and temporary cash investments | $131,693 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $140,717 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $2,400 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $6,986,650 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $8,400 |
| Total assets | $9,004,801 |
| Accounts payable and accrued expenses | $49,123 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $49,123 |
| Net assets without donor restrictions | $8,031,613 |
| Net assets with donor restrictions | $924,065 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $9,004,801 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Tanzanian Childrens Fund Inc has recieved totaling $3,000.
| Awarding Organization | Amount |
|---|---|
Merrimac Charitable Tr Ii Boston, MA PURPOSE: PROGRAM SUPPORT | $2,000 |
The William Brown Foundation Inc New York, NY PURPOSE: GENERAL | $1,000 |
Endowment Analysis
| Beg. Balance | $5,391,706 |
| Earnings | $907,090 |
| Net Contributions | $687,854 |
| Ending Balance | $6,986,650 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Family And Childrens Association Garden City, NY | $18,906,082 | $21,671,282 |
Innocence Project Inc New York, NY | $73,728,840 | $39,853,614 |
The Access Agency Inc Willimantic, CT | $5,450,809 | $18,469,051 |
Ahavat Yisroel Humanity Inc Brooklyn, NY | $8,284,254 | $21,769,721 |
Family & Childrens Agency Inc Norwalk, CT | $7,156,227 | $18,049,898 |
Waypoint Manchester, NH | $32,573,224 | $19,134,809 |
Pro Action Of Steuben And Yates Inc Bath, NY | $5,623,306 | $16,689,499 |
Ibero-American Action League Inc Rochester, NY | $5,689,944 | $13,857,002 |
Capstone Community Action Inc Barre, VT | $12,760,181 | $16,370,682 |
Roxbury Tenants Of Harvard Association Inc Boston, MA | $107,579,482 | $10,061,394 |
Cfs Self-Directed Supports Inc New York, NY | $2,767,329 | $14,659,181 |
Mohawk Valley Community Action Agency Inc Utica, NY | $3,321,738 | $14,321,555 |