Addo Institute Inc
- Assets
- $21.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 2
- Location
- Atlanta, GA
- Founding
- 05/2012
- Data as of
- 12/2021
- EIN
- 30-0689824
Organization Overview
Addo Institute Inc is located in Atlanta, GA. The organization was established in 2012. According to its NTEE Classification (O53) the organization is classified as: Youth Development - Business, under the broad grouping of Youth Development and related organizations. As of 12/2021, Addo Institute Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Addo Institute 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, Addo Institute Inc generated $105.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (12.8%) each year. All expenses for the organization totaled $110.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (16.7%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
WE EXIST TO INSPIRE INDIVIDUALS TODAY TO MAKE IMPACT TOMORROW.
Describe the Organization's Program Activity:
Part 3
STUDENT LEADERSHIP - IN 2016 ADDO CONTINUED RESEARCH AND FURTHER SECURED PARTNERSHIPS TO CREATE PROGRAMS DEVELOPING CHARACTER AND LEADERSHIP CURRICULA. ADDO FACILITATED AN ELEMENTARY SCHOOL OUTREACH IN 7 SCHOOLS IN THE STATE OF GEORGIA. IN 2016, ADDO PUT THE MIDDLE SCHOOL PROGRAM ON HOLD WITH HOPES OF RE-ENGAGING IN LATE 2017.
GLOBAL LEADERSHIP - IN 2016, ADDO IMPLEMENTED A PROGRAM IN INDONESIA, TAKING 10 VOLUNTEERS AND ASSISTING AN ORPHANAGE LOCATED IN DENPASAR, BALI. AS WITH OTHER ADDO PROGRAMS, PARTICIPANTS ALSO LEARNED ABOUT THE HISTORICAL, ARCHITECTURAL, ENVIRONMENTAL AND ARTISTIC ASPECTS OF THIS CULTURE. THIS PROCESS WAS CONTINUED THROUGH PEOPLE-TO-PEOPLE MEETINGS AND INFORMATIONAL PROGRAMMING. ADDO WILL CONTINUE TO PARTNER WITH ORGANIZATIONS WHO ARE ACTIVELY WITH ORPHAN CARE AND ORPHAN PREVENTION.
THOUGHT LEADERSHIP - IN 2016, ADDO FACILITATED A RETREAT FOR YOUNG LEADERS IN COBB COUNTY, GEORGIA FOR THE FOURTH CONSECUTIVE YEAR. ADDO FACILITATED LEADERSHIP AND PERSONAL DEVELOPMENT LESSONS WITH THE AUDIENCE. HIGHLIGHTS INCLUDED WORKING WITH LOCAL YOUTH DEVELOPMENT ORGANIZATIONS, DEVELOPING BUSINESS SKILL, AND LEADERSHIP LESSONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jonathan Gravesen President | 1 | $400 | |
Kevin Scott Secretary-Tr | 1 | $400 | |
Josh Paradis Board Member | 0.25 | $0 | |
Matt Elliott Board Member | 0 | $0 | |
David Nicholas Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $105,315 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $14 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $105,329 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $866 |
| Professional fees and other payments to independent contractors | $1,323 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $3,146 |
| Total expenses | $109,999 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $21,601 |
| Other assets | $0 |
| Total assets | $21,601 |
| Total liabilities | $0 |
| Net assets or fund balances | $21,601 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Addo Institute Inc has recieved totaling $190,000.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: GROWTH | $190,000 |
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Junior Achievement Of Upstate South Carolina Inc Greenville, SC | $0 | $322,345 |
The Mentors Project Of Bibb County Inc Macon, GA | $1,344,303 | $389,169 |
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Neighborhood Lets Count It Up And Build It Up Memphis, TN | $349,341 | $424,235 |
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