The Africa Education Initiative
- Assets
- $163.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lake Bluff, IL
- Founding
- 08/2002
- Data as of
- 12/2021
- EIN
- 36-4480351
Organization Overview
The Africa Education Initiative is located in Lake Bluff, IL. The organization was established in 2002. According to its NTEE Classification (B19) the organization is classified as: Support N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Africa Education Initiative 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, Africa Education Initiative generated $44.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $13.8k during the year ending 12/2021. 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 Program Activity:
Part 3
GRANTS AND INTERNSHIP FOR SCIENCE STUDIES WE RECEIVED NUMEROUS APPLICATIONS FROM COUNTRIES ACROSS AFRICA AND THE UNITED STATES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chudy Nduaka President | 0.5 | $0 | |
Adetenu Adeosun Secretary | 0.5 | $0 | |
Heather Findlay Director | 0.5 | $0 | |
Ravi Vedula Treasurer | 0.5 | $0 | |
Dr Richard Riese Director | 0.5 | $0 | |
Benjamin Kwakye JD Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $36,195 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1,865 |
| Gain or Loss | $6,483 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $44,543 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $110 |
| Other expenses | $13,691 |
| Total expenses | $13,801 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $162,999 |
| Other assets | $0 |
| Total assets | $162,999 |
| Total liabilities | $0 |
| Net assets or fund balances | $162,999 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that The Africa Education Initiative has recieved totaling $4,718.
| Awarding Organization | Amount |
|---|---|
Pfizer Foundation Inc New York, NY PURPOSE: MATCHING GIFTS | $4,718 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Columbus Learning Center Management Corporation Columbus, IN | $38,848,062 | $6,215,911 |
Action For Healthy Kids Inc Chicago, IL | $3,842,848 | $2,908,557 |
Kids First Chicago For Education Chicago, IL | $7,952,532 | $6,200,779 |
Southeast South-Central Educational Cooperative Richmond, KY | $1,249,010 | $3,554,543 |
The Nucleus Real Properties Inc Louisville, KY | $0 | $6,292,812 |
High Jump Chicago, IL | $1,713,068 | $2,378,677 |
Center For Leadership In School Reform Inc Louisville, KY | $1,028,885 | $1,548,172 |
Board Of Jewish Education Of Metropolitan Chicago Northbrook, IL | $1,310,378 | $2,337,211 |
American Foundation Of The Imperial War Museum Inc Chicago, IL | $136,354 | $1,504,610 |
Associated Colleges Of Illinois Inc Chicago, IL | $1,061,635 | $1,309,810 |
Partnership For Youth Inc St Louis, MO | $754,457 | $1,570,156 |
Plastic Pipe And Fittings Association Glen Ellyn, IL | $1,651,871 | $1,060,995 |