Friends Of Ithemba
- Assets
- $14.2k
- Revenue
- $16.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Ninety Six, SC
- Founding
- 05/2005
- Data as of
- 12/2022
- EIN
- 20-0925522
Organization Overview
Friends Of Ithemba is located in Ninety Six, SC. The organization was established in 2005. According to its NTEE Classification (G81) the organization is classified as: AIDS, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of Ithemba 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 12/2022, Friends Of Ithemba generated $16.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (28.9%) each year. All expenses for the organization totaled $12.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (31.8%) per year over the past 8 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF FRIENDS OF ITHEMBA IS TO RAISE AWARENESS AND PROVIDE GRANT FUNDING FOR THE CARE AND EDUCATION OF VULNERABLE CHILDREN IN SOUTH AFRICA AND TO PROVIDE GRANT FUNDING FOR THE EDUCATIONAL NEEDS, ESPECIALLY EARLY CHILDHOOD EDUCATION OF THE INDIGENOUS POPULATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FRIENDS OF ITHEMBA MADE GRANTS THAT SUPPORT THE FOSTER CARE AND EDUCATIONAL NEEDS OF VULNERABLE CHILDREN PLACED IN THE CARE OF FOCUS ON ITHEMBA BY THE SOUTH AFRICAN GOVERNMENT. FOCUS ON ITHEMBA IS A REGISTERED PUBLIC BENEFIT ORGANIAZATION IN THE REPUBLIC OF SOUTH AFRICA.
FRIENDS OF ITHEMBA MADE GRANTS THAT SUPPORTED THE ESTABLISHMENT OF EARLY CHILDHOOD EDUCATION FAVILITIES AND PRE-SCHOOL PROGRAMS ESTABLISHED BY FOCUS ON ITHEMBA. FOCUS ON ITHEMBA IS A REGISTERED PUBLIC BENEFIT ORGANIZATION IN THE REPUBLIC OF SOUTH AFRICA.
FRIENDS OF ITHEMBA MADE GRANTS THAT SUPPORTED FACILITIES DEVELOPMENT AND SCHOLARSHIP ASSISTANCE FOR THE WATERFALL SCHOOLS SERVING SCHOOL AGE CHILDREN. THE SCHOOLS WERE ESTABLISHED BY FOCUS ON ITHEMBA, A REGISTERED PUBLIC BENEFIT ORGANIZATION IN THE REPUBLIC OF SOUTH AFRICA.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lauren Bagnoli Director | Trustee | $0 | |
Paul Bagnoli Treasurer | OfficerTrustee | $0 | |
Daniel Van Den Heever Chairman | OfficerTrustee | $0 | |
Judy Van Den Heever Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $16,778 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $16,778 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $16,778 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $12,000 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $700 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| All other expenses | $5 |
| Total functional expenses | $12,705 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,332 |
| Savings and temporary cash investments | $505 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $4,384 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $14,221 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $14,221 |
| Net assets with donor restrictions | $0 |
| 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 | $14,221 |