Arab-American Development Corp
- Assets
- $163.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Philadelphia, PA
- Founding
- 01/1999
- Data as of
- 12/2021
- EIN
- 31-1620684
Organization Overview
Arab-American Development Corp is located in Philadelphia, PA. The organization was established in 1999. According to its NTEE Classification (S19) the organization is classified as: Support N.E.C., under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arab-American Development Corp 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, Arab-American Development Corp generated $83.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 24.9% each year . All expenses for the organization totaled $41.3k during the year ending 12/2021. While expenses have increased by 8.4% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chukri Khorchid Secretary | 20 | $0 | |
Adab Ibrihim President | 10 | $0 | |
Fozan Ehmedi Vice President | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $83,765 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $83,765 |
| 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 | $200 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $41,096 |
| Total expenses | $41,296 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $89,116 |
| Other assets | $0 |
| Total assets | $163,946 |
| Total liabilities | $0 |
| Net assets or fund balances | $163,946 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Arab-American Development Corp has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Philanthropy Network Greater Philadelphia Philadelphia, PA PURPOSE: GENERAL OPERATING SUPPORT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Shepherd University Foundation Supporting Organization Shepherdstown, WV | $18,727,712 | $1,761,060 |
National Association Of Educational Procurement Inc Columbia, MD | $1,316,674 | $1,317,675 |
Nonprofit Development Corporation Inc Butler, PA | $3,393,535 | $1,924,841 |
Ascend Foundation Inc New York, NY | $4,154,499 | $2,910,361 |
Nonprofit Village Center Inc Rockville, MD | $400,485 | $644,836 |
Ownership Works Inc New York, NY | $21,261,059 | $21,548,708 |
Emerging Enterprise Center Inc Wilmington, DE | $582,021 | $487,502 |
Upstate Venture Connect Corporation Little Falls, NY | $121,861 | $277,504 |
Hola Ohio Painesville, OH | $1,921,865 | $997,056 |
Joie De Vie Properties Inc River Edge, NJ | $2,727,381 | $246,224 |
Beautiful Trouble Inc New York, NY | $258,057 | $346,876 |
National Tooling And Machining Foundation Inc Cleveland, OH | $3,837,536 | $254,798 |