Mufuka Private Foundation is located in St Petersburg, FL. The organization was established in 2004. According to its NTEE Classification (B92) the organization is classified as: Remedial Reading & Encouragement, under the broad grouping of Education and related organizations.
For the year ending 12/2019, Mufuka Private Foundation generated $176.3k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 9.7% each year. All expenses for the organization totaled $827.2k during the year ending 12/2019. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2019
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING COLLEGE SCHOLARSHIPS TO OUTSTANDING HIGH SCHOOL MBABWE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Douglas Mufuka Director | 0 | $0 | |
Jean Mufuka President | 0 | $0 | |
Lois Martin Treasurer | 0 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $50,000 |
Interest on Savings | $16 |
Dividends & Interest | $9,798 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $116,438 |
Capital Gain Net Income | $116,438 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $176,252 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $3,000 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $203 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $1,227 |
Total operating and administrative expenses | $16,030 |
Contributions, gifts, grants paid | $811,140 |
Total expenses and disbursements | $827,170 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $0 |
Net Accounts receivable | $0 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $0 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Over the last fiscal year, Mufuka Private Foundation has awarded $129,250 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
Greenwood, SC PURPOSE: COLLEGE SCHOLARSHIP | $127,000 |
SALVATION ARMY PURPOSE: COLLEGE SCHOLARSHIP | $2,250 |
Organization Name | Assets | Revenue |
---|---|---|
The Palm Beach County Literacy Coalition Inc Boynton Beach, FL | $5,052,604 | $4,385,458 |
Childrens Reading Center Inc Palatka, FL | $3,783,274 | $2,355,676 |
Read Usa Inc Atlantic Beach, FL | $1,550,513 | $2,569,007 |
Literacy Action Inc Atlanta, GA | $1,276,569 | $1,539,429 |
The Global Village Project Inc Decatur, GA | $2,051,230 | $1,459,701 |
Dream Center Of Lakeland Inc Lakeland, FL | $1,221,957 | $1,316,290 |
Classroom Champions Inc St Petersburg, FL | $339,187 | $761,169 |
Mufuka Private Foundation St Petersburg, FL | $0 | $176,252 |
Hollywood Educational And Literacy Project Miami Inc Miami, FL | $305,033 | $696,098 |
Team Up Mentoring Inc Monroe, GA | $139,641 | $683,392 |
Sing Out And Read Inc Tampa, FL | $87,490 | $575,102 |
Stair Of Birmingham Birmingham, AL | $280,779 | $590,806 |