EIN 04-3565713

Foresight Development International Incorporated

IRS 501(c) type
501(c)(3)
Num. employees
1
Year formed
2008
Most recent tax filings
2023-12-01
NTEE code, primary
Description
Foresight Development International advances education, economic and social development, and Christian institutions in less developed countries, particularly Nepal.
Also known as...
Foresight Development International
Total revenues
$117,771
2023
Total expenses
$118,603
2023
Total assets
$74,868
2023
Num. employees
1
2021

Program areas at Foresight Development International Incorporated

National Bethel Academy is a school founded in 2008 in the town of Trishuli, Nepal by a team of local church leaders and Foresight staff. The school is intentionally different from traditional Nepali schools as it emphasizes thinking, creative teaching, individual student attention, and respect for individual differences in contrast to the traditional teaching method of mere memorization. The school has approximately 300 students in grades Nursery through 10. During the Covid pandemic, the school has alternated between in-person and remote teaching. Class 10 students have all successfully passed the 10th grade national Secondary Education Examination. Foresight support has been for both educational and managerial development, and for financial needs. Educational and managerial support have included in-person training and both remote and in-person counsel. Financial support has covered the operating deficit and the construction of a new classroom building.
One Christian ministry leader was provided financial support for his family living expenses. He is leading a national organization which works with Christian university and secondary students.
Over the past 13 years, Foresight has sponsored and guided a group of 20 Nepali young adults who formerly lived in prison with a parent. These young adults were supported financially for their full school and living expenses, and have been mentored individually (in-person and remotely) as they completed secondary and tertiary education. Most of these young adults (16) have completed their bachelor degrees and three have taken jobs following their secondary education. In 2021, one young adult was supported as she was completing her bachelor program, and three others were provided living expense supplements as they began their jobs.

Who funds Foresight Development International Incorporated

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Schwab Charitable FundPublic, Societal Benefit$17,400

Personnel at Foresight Development International Incorporated

NameTitleCompensation
John RatichekPresident$30,000
Stephen HamiltonClerk and Director$0

Financials for Foresight Development International Incorporated

RevenuesFYE 12/2023
Total grants, contributions, etc.$117,764
Program services$0
Membership dues$0
Investment income and dividends$0
Net gain from sale of non-inventory assets$0
Net income from gaming activities and fundraising events, combined$0
Net income from sales of inventory$0
Miscellaneous revenues$7
Total revenues$117,771

Form 990s for Foresight Development International Incorporated

Fiscal year endingDate received by IRSFormPDF link
2023-122024-05-09990EZView PDF
2022-122023-05-09990EZView PDF
2021-122022-10-18990View PDF
2020-122022-04-15990View PDF
2019-122021-05-13990View PDF
...and 9 more Form 990s

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Data update history
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2020
July 23, 2023
Posted financials
Added Form 990EZ for fiscal year 2022
July 14, 2023
Posted financials
Added Form 990 for fiscal year 2021
May 15, 2023
Updated personnel
Identified 3 new personnel
May 10, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Grantmaking organizationsInternational-focused organizationsCharities
Issues
Foreign affairsInternational development
Characteristics
ChristianReligiousProvides grantsPartially liquidatedTax deductible donationsAccepts online donations
General information
Address
8 Daniels Dr
Bedford, MA 01730
Metro area
Boston-Cambridge-Newton, MA-NH
County
Middlesex County, MA
Website URL
foresightdevelopment.org/ 
Phone
(781) 275-3580
IRS details
EIN
04-3565713
Fiscal year end
December
Taxreturn type
Form 990-EZ
Year formed
2008
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
Q33: International Relief
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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