THE TANZANIAN CHILDRENS FUND INC

EIN: 743087284 501(c)(3) Human Services

CAMBRIDGE, MA

Total Revenue
$3,002,525
Total Expenses
$2,927,553
Total Assets
$10,883,322
Net Assets
$10,870,610
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
MA
Principal Officer
TODD CRONAN
Phone
6179133763
Tax Period
2024-01-01 to 2024-12-31

THE TANZANIAN CHILDRENS FUND INC, founded in 2003, is a community nonprofit in the Human Services sector that reported $3.0M in total revenue in fiscal year 2024. Net assets of $10.9M represent 43 months of operating reserves.

Mission

The Tanzanian Childrens Fund provides support for the Rift Valley Childrens Village which provides a permanent home for children in the Karatu District of Tanzania, as well as additional community-based programs to improve the lives of children and their families.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,815,821
Program Service Revenue $25,068
Investment Income $161,636
Other Revenue $0
TOTAL REVENUE $3,002,525

Expense Breakdown

Grants Paid $2,183,053
Salaries & Benefits $388,760
Fundraising Expenses $135,458
Program Expenses $2,557,286
Other Expenses $355,740
TOTAL EXPENSES $2,927,553

Year-over-Year Comparison

2024 2023 Change
Revenue $3,002,525 $2,991,592 +0.0%
Expenses $2,927,553 $3,176,337 -0.1%
Net Income $74,972 $-184,745 -1.4%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
9
Employees
6
Volunteers
30

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
11
$38,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
INDIA HOWELL FOUNDER 40.00
Director
$38,000 $0 $38,000
KIRSTEN HEINNEMANN TREASURER FINANCE CHAIR 2.00
Officer Director
$0 $0 $0
TODD CRONAN BOARD CHAIR 2.00
Officer Director
$0 $0 $0
DAVE MEANEY DIRECTOR HR CHAIR 2.00
Director
$0 $0 $0
DEBBIE RECHLER DIRECTOR 2.00
Director
$0 $0 $0
JODY DRAKE DIRECTOR 2.00
Director
$0 $0 $0
ELEANOR DOAR DIRECTOR 2.00
Director
$0 $0 $0
MARGARET BACON DIRECTOR 2.00
Director
$0 $0 $0
CARLA SINATRA DIRECTOR 2.00
Director
$0 $0 $0
CARRIE POLK VICE CHAIR 2.00
Officer Director
$0 $0 $0
PETER LEON MMASSY DIRECTOR 2.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $3,002,525 $2,927,553 $10,883,322 $74,972
2023 $2,991,592 $3,176,337 $9,945,275 $-184,745
2022 $3,300,195 $2,535,549 $9,177,570 $764,646
2021 $3,967,726 $2,337,259 $9,004,801 $1,630,467
2020 $3,281,562 $2,011,441 $6,928,453 $1,270,121
2019 $2,453,239 $1,965,610 $6,069,490 $487,629
2018 $2,575,558 $1,803,963 $4,833,396 $771,595
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