Agape Village Foundation Inc
- Assets
- $210.4k
- Revenue
- $416.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Rocky Mount, NC
- Founding
- 05/2010
- Data as of
- 12/2021
- EIN
- 27-1849119
Organization Overview
Agape Village Foundation Inc is located in Rocky Mount, NC. The organization was established in 2010. 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. Agape Village Foundation 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 12/2021, Agape Village Foundation Inc generated $416.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.8% each year . All expenses for the organization totaled $493.5k during the year ending 12/2021. While expenses have increased by 20.0% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE AGAPE VILLAGE FOUNDATION IS A CHRISTIAN NONPROFIT ORGANIZATION WITH THE MISSION TO PROVIDE LOVING CARE IN A CHRIST-CENTERED ENVIRONMENT FOR ORPHANED CHILDREN IN ZAMBIA, ENABLING THEM TO THRIVE AND TO EVENTUALLY BECOME SELF-SUPPORTING ADULTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE CARE FOR ORPHANED CHILDREN
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joan Ashby Secretary | OfficerTrustee | $0 | |
Jacquelyn Bailey Vice Preside | OfficerTrustee | $0 | |
Milton C Bailey President | OfficerTrustee | $0 | |
Richard Laney Chairman | OfficerTrustee | $0 | |
Gerald Batts Treasurer | OfficerTrustee | $0 | |
Charlotte High Deans 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 | $415,959 |
| Noncash contributions included in lines 1a–1f | $800 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $415,959 |
| Total Program Service Revenue | $0 |
| Investment income | $151 |
| 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 | $416,110 |
| 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. | $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 | $800 |
| 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 | $5,355 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $32,475 |
| 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 | $0 |
| Total functional expenses | $493,543 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $210,365 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $210,365 |
| 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 | $210,365 |
| 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 | $210,365 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Agape Village Foundation Inc has recieved totaling $25,039.
| Awarding Organization | Amount |
|---|---|
Mansfield Foundation Rocky Mount, NC PURPOSE: ORPHANAGE & SCHOOL IN ZAMBIA | $20,000 |
Nickolas Bunn Boddie Sr & Lucy Maye Boddie Foundation Term Rocky Mount, NC PURPOSE: CHARITABLE | $5,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $39 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Operation Blessing International Relief & Development Corp Virginia Beach, VA | $46,516,514 | $96,480,836 |
Blumont Global Development Inc Arlington, VA | $10,315,810 | $52,380,007 |
Rise Against Hunger Raleigh, NC | $11,336,568 | $47,200,303 |
Mana Nutritive Aid Products Inc Matthews, NC | $67,621,644 | $74,041,127 |
Christian Relief Services Charities Inc Alexandria, VA | $4,032,952 | $38,457,221 |
Christian Relief Services Charities Inc Alexandria, VA | $1,058,086 | $23,184,836 |
Blumont International Inc Arlington, VA | $12,865,572 | $19,569,982 |
Gleaning For The World Inc Concord, VA | $12,160,365 | $11,390,037 |
Coptic Orphans Support Association Merrifield, VA | $53,399,454 | $18,274,988 |
Kids Alive International Inc Alpharetta, GA | $13,632,036 | $14,142,637 |
Nascent Solutions Inc Alexandria, VA | $4,533,019 | $10,643,568 |
Amigos For Christ Buford, GA | $4,217,846 | $8,607,219 |