Mama Ada Foundation
- Assets
- $97.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hopkins, MN
- Founding
- 02/2009
- Data as of
- 12/2023
- EIN
- 26-1943262
Organization Overview
Mama Ada Foundation is located in Hopkins, MN. The organization was established in 2009. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mama Ada Foundation 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 12/2023, Mama Ada Foundation generated $62.7k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $117.1k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julie Keller President | 15 | $0 | |
Ron Mcelhone Treasurer | 3 | $0 | |
Bich Ha Dong Cassie Board Of Directors | 5 | $0 | |
Nathaniel Cook Board Of Directors | 3 | $0 | |
Antony Maikuri Board Of Directors | 5 | $0 | |
The Rev James B Cook Chairperson | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $62,697 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $10 |
| Total Revenue | $62,707 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $5,280 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $322 |
| Other expenses | $8,694 |
| Total expenses | $117,138 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $75,684 |
| Other assets | $0 |
| Total assets | $97,778 |
| Total liabilities | $621 |
| Net assets or fund balances | $97,157 |