Yankasa Association Of New York Inc
- Assets
- $835.1k
- Revenue
- $76.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Bronx, NY
- Founding
- 04/2002
- Data as of
- 12/2021
- EIN
- 31-1805283
Organization Overview
Yankasa Association Of New York Inc is located in Bronx, NY. The organization was established in 2002. According to its NTEE Classification (X40) the organization is classified as: Islam, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Yankasa Association Of New York 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, Yankasa Association Of New York Inc generated $76.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (17.5%) each year. All expenses for the organization totaled $77.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (12.4%) per year over the past 3 years. 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
TO PROMOTE AND ARTICULATE THE INTEREST OF GHANAIANS IN THE NY METROPOLITAN AREA PROVIDE A FORUM FOR THE ADVANCEMENT OF THE INTEREST OF GHANAIANS IN POLITICAL ECONOMIC SOCIAL AND CULTURAL AFFAIRS ESTABLISH AND MAINTAIN GOOD RELATIONS WITH OTHER GHANAIAN ORGANIZATIONS PURSUING OBJECTIVES COMPATIBLE WITH OURS ASSIST MEMBERS BOTH FINANCIALLY AND MORALLY IN TIMES OF NEEDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DONATIONS COLLECTED TO SUPPORT FUNERAL AND BURIAL OF DECEASED MEMBERS OF THE COMMUNITY
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mohammed Bashiru Kabore Vice President | OfficerTrustee | 25 | $0 |
Ibrahim Abdulai Masigan President | OfficerTrustee | 25 | $0 |
Issah Saeed Financial Secretary | Officer | 15 | $0 |
Shaibu Musah Treasurer | Officer | 30 | $0 |
Mohammed Farid Abu General Secretary | Officer | 10 | $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 | $76,420 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $76,420 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $76,420 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $27,764 |
| 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 | $0 |
| 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 | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $77,299 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $30,622 |
| 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 | $17,441 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $787,000 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $835,063 |
| 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 | $835,063 |
| 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 | $835,063 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Yankasa Association Of New York Inc has recieved totaling $17,695.
| Awarding Organization | Amount |
|---|---|
Bronx Overall Economic Development Corporation Bronx, NY PURPOSE: Census Outreach 2020 Project | $11,695 |
Robin Hood Foundation New York, NY PURPOSE: GENERAL | $6,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Federation Of Italian American Org Of Brooklyn Ltd Brooklyn, NY | $18,192,527 | $6,779,370 |
Islamic Education Foundation Of New Jersey Inc Wayne, NJ | $1,524,545 | $3,505,932 |
Mas Boston Society Inc Roxbury Crossing, MA | $910,141 | $3,286,832 |
Islamic Circle Of North America Inc Jamaica, NY | $9,118,445 | $4,060,326 |
Islamic Society Of Central Jersey Monmouth Junction, NJ | $16,726,193 | $2,240,124 |
Muslim Federation Of New Jersey Inc Jersey City, NJ | $544,486 | $732,548 |
Baitul Mamur Masjid & Community Brooklyn, NY | $2,549,551 | $1,074,835 |
Hillside Islamic Center New Hyde Park, NY | $5,622,658 | $1,466,226 |
Muslim Foundation Inc Somerset, NJ | $11,328,320 | $1,328,234 |
Bridgeport Islamic Community Center Bridgeport, CT | $1,325,894 | $738,083 |
Yam Hachesed Vhatorah Monsey, NY | $241,102 | $613,530 |
Parkchester Islamic Center Inc Bronx, NY | $532,502 | $876,383 |