Tumaini Ventures Inc
- Assets
- $84.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Portland, OR
- Founding
- 07/2009
- Data as of
- 12/2022
- EIN
- 26-4182208
Organization Overview
Tumaini Ventures Inc is located in Portland, OR. The organization was established in 2009. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tumaini Ventures 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 12/2022, Tumaini Ventures Inc generated $66.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (5.3%) each year. All expenses for the organization totaled $69.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
AMEENA CENTRE SERVES A COMMUNITY SCHOOL FOR 130 CHILDREN AGED 3 TO 8 YEARS. EDUCATION IS PROVIDED 5 DAYS PER WEEK WITH USUAL KENYAN HOLIDAYS AND BREAKS OBSERVED. THE EDUCATION ALLOWS CHILDREN TO GAIN KNOWLEDGE IN ORDER TO PASS THE KENYAN NATIONAL EXAM THAT IS REQUIRED FOR ENTRANCE INTO A FREE PRIMARY EDUCATION. THE PROGRAM ALSO PROVIDES 2 MEALS PER DAY FOR A TOTAL OF 38,000 MEALS SERVED ANNUALLY. THIS RELIEVES STRESS ON PARENTS AND PREVENTS WASTING OF THE CHILD WHO IS THEREFORE READY TO LEARN. EACH YEAR, STUDENTS GRADUATE FROM AMEENA CENTRE AND GO ON TO BE THE TOP OF THEIR SUBSEQUENT GRADES IN PRIMARY SCHOOL AND BEYOND.
AMEENA CENTRE SERVES A COMMUNITY SCHOOL FOR 130 CHILDREN AGED 3 TO 8 YEARS. EDUCATION IS PROVIDED 5 DAYS PER WEEK WITH USUAL KENYAN HOLIDAYS AND BREAKS OBSERVED. THE EDUCATION ALLOWS CHILDREN TO GAIN KNOWLEDGE IN ORDER TO PASS THE KENYAN NATIONAL EXAM THAT IS REQUIRED FOR ENTRANCE INTO A FREE PRIMARY EDUCATION. THE PROGRAM ALSO PROVIDES 2 MEALS PER DAY FOR A TOTAL OF 38,000 MEALS SERVED ANNUALLY. THIS RELIEVES STRESS ON PARENTS AND PREVENTS WASTING OF THE CHILD WHO IS THEREFORE READY TO LEARN. EACH YEAR, STUDENTS GRADUATE FROM AMEENA CENTRE AND GO ON TO BE THE TOP OF THEIR SUBSEQUENT GRADES IN PRIMARY SCHOOL AND BEYOND.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ian May Board President | 2 | $0 | |
Tia Over Board Treasurer | 2 | $0 | |
Anne May Board Member | 2 | $0 | |
Shari Altree Board Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $65,597 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $5 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $250 |
| Other Revenue | $141 |
| Total Revenue | $65,993 |
| 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 | $95 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $353 |
| Other expenses | $5,828 |
| Total expenses | $69,023 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $84,236 |
| Other assets | $0 |
| Total assets | $84,236 |
| Total liabilities | $12,383 |
| Net assets or fund balances | $71,853 |