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BAHINI FUND FOR NEPALI GIRLS EDUCATION INC

PO Box 715
Ketchum, ID 83340



 

Complete Report Information in this report was supplied by the nonprofit organization within the last two years.

This organization is required to file an IRS Form 990 or 990-EZ. It is a 501(c)(03) public charity.

Executive: Mr. Trevor Patzer
Contact: Mr. Trevor Patzer , President
Telephone: (208) 720-2570
Fax:
E-mail: littlesistersfund@yahoo.com
Web Site: http://www.littlesistersfund.org

Who We Are
The Little Sisters Fund (aka Bahini Fund) is a school scholarship and mentoring program for girls living in extreme poverty. Without Fund support, these girls would likely be forced to disconitnue their educations, and would thus be susceptible to child labor, child marriage, or trafficing (including the international sex industry).

Program / Activities
Scholarships, Student Financial Aid, Awards
Alliance/Advocacy Organizations
Fund Raising and/or Fund Distribution

How to Help
This organization is seeking funds from contributions and grants. These funds will be used for unrestricted operating expenses and special projects.

Location(s) Served
Nepal, Bhutan

BASIC INFORMATION
EIN: 31-1655589
Fiscal Year: 2007
Assets: $0
Income: $241,048
Ruling Year: 1999
Year Founded: 1998
No. of Board Members: 4
No. of Full-time Employees: 1-5
No. of Part-time Employees: 6-10
No. of Volunteers: 21-100
BAHINI FUND FOR NEPALI GIRLS EDUCATION INC makes its audited financial statements available to the public upon request.
Mission and Programs

Mission
Our mission is to provide hardworking, intelligent and underpriviledged Nepalese and Bhutanese girls the opportunity to remain in school in the face of adverse conditions, such as extreme poverty, deprivation, or social prejudices.

Programs
We currently provide education (tuition, uniform and school supplies) and mentoring to over 100 impoverish and marginalized little sisters in Nepal and 21 little sisters in Bhutan.

Additional Comments
The Bahini Fund's charitable mission and success in promoting the educational achievment of Nepali young women has been featured in over 40 Nepalese publications, and has been recognized by Save the Children, UNICEF, World Wildlife Fund and other INGOs operating in Kathmandu, Nepal.


Goals and Results

Accomplishments for Fiscal Year Ending 12/31/2006

  1. Grew the number of scholarship recipients to 430.
  2. Vaccinated all little sisters against regional health risks such as typhoid, tetanus, HEP A and HEP B. Held a health outreach program for all Little Sisters.
Objectives for Fiscal Year Beginning 01/01/2007
  1. Ensure the sustainability of the Fund and the future of the girls by augmenting the endowment.
  2. Continued to add graduated Little Sisters to the Nepali Board of Directors so that within 5 years, the Fund is run primarily by little sisters.

Self Assessment

    The Bahini Fund measures its success by the number of girls who remain in the Bahini Fund program each year and meet its high academic performance and social commitment standards.

Financial Data

From the organization's FORM 990   Data Accuracy

Revenue and Expenses: Fiscal Year Ending May 31, 2007

  Revenue

 

  Expenses

Contributions

$0

Government Grants

$0

Program Services

$0

Investments

$0

Special Events

$0

Sales

$0

Other

$0

Program Services

$556,925

Administration

$21,880

Other

$36,202

 Total Expenditures

$615,007

 Total Revenue

$241,048

  NET GAIN/LOSS

$0

 
Balance Sheet: Fiscal Year Ending May 31, 2007

Notes
The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot long survive, but the types of assets and liabilities also must be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

 Assets

Oct 1, 2006 

May 31, 2007 

Change 

Cash & Equivalent

$45,433 $0 $(45,433)

Accounts Receivable

$0 $0 $0

Pledges & Grants Receivable

$0 $0 $0

Receivables/Other

$0 $0 $0

Inventories for Sale or Use

$0 $0 $0

Investments/Securities

$188,526 $0 $(188,526)

Investments/Other

$140,000 $0 $(140,000)

Fixed Assets

$0 $0 $0

Other

$0 $0 $0

Total Assets

$373,959

$0

$(373,959)

       

 Liabilities

Oct 1, 2006 

May 31, 2007 

Change 

Accounts Payable

$0 $0 $0

Grants Payable

$0 $0 $0

Deferred Revenue

$0 $0 $0

Loans and Notes

$0 $0 $0

Tax-Exempt Bond Liabilities

$0 $0 $0

Other

$0 $0 $0

Total Liabilities

$0

$0

$0

 

 FUND BALANCE

$0

$0

$0



Leaders of the Organization

Chief Executive Profile
Trevor Patzer is co-founder (along with Usha Acharya of Nepal) and President of the Bahini Fund. Trevor is a graduate of St. Paul's School and Brown University and received a Rotary International Ambassadorial Scholarship for 2003-2004.

Board of Directors
Saudamini Siegrist Trevor Patzer
Usha Acharya Quentin Koffee


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