Fugees Family Inc
- Assets
- $18.3m
- Revenue
- $15.0m
- Investments
- $4.1m
- Employees
- 39
- Location
- Columbus, OH
- Founding
- 11/2006
- Data as of
- 06/2022
- EIN
- 20-5771149
Organization Overview
Fugees Family Inc is located in Columbus, OH. The organization was established in 2006. According to its NTEE Classification (N64) the organization is classified as: Soccer, under the broad grouping of Recreation & Sports and related organizations. As of 06/2022, Fugees Family Inc employed 39 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fugees Family 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 06/2022, Fugees Family Inc generated $15.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 49.2% each year . All expenses for the organization totaled $3.3m during the year ending 06/2022. While expenses have increased by 19.6% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
FUGEES FAMILY, INC. IS DEVOTED TO SUPPORTING CHILD SURVIVORS OF WAR TO BECOME INDEPENDENT THINKERS AND HIGH ACHIEVING SCHOLARS. THE ORGANIZATION BUILDS UPON THE POWER OF SOCCER TO GALVANIZE PROGRAM PARTICIPANTS BY GIVING THEM THE SUPPORT AND STRUCTURE THEY NEED TO REALIZE THEIR VAST POTENTIAL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION HELPS CHILD SURVIVORS OF WAR REBUILD THEIR LIVES ONE STEP AT A TIME BY PROVIDING REFUGEE BOYS AND GIRLS AGES 10-18, FROM 28 DIFFERENT COUNTRIES, GRADES 6-12, THE STRUCTURE AND SUPPORT TO SUCCEED THROUGH SOCCER AND ACADEMICS. THE ORGANIZATION OPERATES FUGEES ACADEMY WHICH IS AN ACCREDITED, INDEPENDENT, TUITION-FREE MIDDLE AND HIGH SCHOOL FOR REFUGEE STUDENTS. IN ADDITION TO THE ACADEMIC PROGRAM, THE ORGANIZATION'S YEAR-ROUND PROGRAMMING ALSO INCLUDES AN AFTERSCHOOL PROGRAM, SUMMER CAMP, AND PROVIDE COMPREHENSIVE WRAP-AROUNDSERVICES FOR STUDENTS AND THEIR FAMILIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Asha Rangarai Chair | OfficerTrustee | 1 | $0 |
Shola Oni Treasurer/secretary | OfficerTrustee | 1 | $0 |
Rachel Farren Board Member | Trustee | 1 | $0 |
Waleed Nassar Board Member | Trustee | 1 | $0 |
Eason Jordan Board Member | Trustee | 1 | $0 |
Mohamed Soltan Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,676,365 |
| All other contributions, gifts, grants, and similar amounts not included above | $10,823,823 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,500,188 |
| Total Program Service Revenue | $30,000 |
| Investment income | $18,102 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,047,298 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $14,987,500 |
| 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 | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $156,055 |
| Compensation of current officers, directors, key employees. | $62,522 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,157,019 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $213,766 |
| Payroll taxes | $111,519 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,477 |
| Fees for services: Accounting | $23,381 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,754 |
| Advertising and promotion | $92,538 |
| Office expenses | $0 |
| Information technology | $76,455 |
| Royalties | $0 |
| Occupancy | $158,964 |
| Travel | $90,187 |
| 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 | $15,804 |
| Insurance | $21,284 |
| All other expenses | $125,174 |
| Total functional expenses | $3,345,099 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,150,259 |
| Savings and temporary cash investments | $2,500,312 |
| Pledges and grants receivable | $360,750 |
| 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 | $1,000 |
| Net Land, buildings, and equipment | $164,611 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $4,089,265 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $18,266,197 |
| Accounts payable and accrued expenses | $180,452 |
| 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 | $2,500,000 |
| Other liabilities | $0 |
| Total liabilities | $2,680,452 |
| Net assets without donor restrictions | $15,235,745 |
| Net assets with donor restrictions | $350,000 |
| 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 | $18,266,197 |