Orphans Futures Alliance Inc
- Assets
- $266.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 08/2012
- Data as of
- 12/2022
- EIN
- 45-5106746
Organization Overview
Orphans Futures Alliance Inc is located in New York, NY. The organization was established in 2012. According to its NTEE Classification (Q32) the organization is classified as: International Economic Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Orphans Futures Alliance 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 12/2022, Orphans Futures Alliance Inc generated $125.3k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 38.6% each year . All expenses for the organization totaled $87.0k during the year ending 12/2022. While expenses have increased by 21.5% per year over the past 8 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PROVIDE FUNDS TO ORPHANAGES IN VIETNAM & THAILAND TO COVER EDUCATIONAL EXPENSES FOR CHILDREN IN THEIR CARE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Deandrea Woods Controller | 10 | $0 | |
My Le Manager Of International Operations | 10 | $0 | |
Chau Hoang Director & Chief Executive Officer | 10 | $0 | |
Nam Hoang Chief Information Officer | 10 | $0 | |
Minh-Han Cheng Director | 2 | $0 | |
Tram Nguyen Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $125,318 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $21 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $125,339 |
| 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 | $677 |
| Other expenses | $41,847 |
| Total expenses | $87,037 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $266,004 |
| Other assets | $0 |
| Total assets | $266,004 |
| Total liabilities | $0 |
| Net assets or fund balances | $266,004 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Orphans Futures Alliance Inc has recieved totaling $130,451.
| Awarding Organization | Amount |
|---|---|
Mightycause Charitable Foundation Marianna, FL PURPOSE: UNRESTRICTED | $128,421 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $2,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $30 |
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Junior Achievement Usa Bridgeville, PA | $5,474,447 | $2,637,956 |
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Junior Achievement Of South Central Pennsylvania York, PA | $1,456,178 | $2,227,526 |
Junior Achievement Of Greater Boston Inc Boston, MA | $2,896,719 | $2,830,681 |
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Shared Interest Inc New York, NY | $15,315,615 | $1,510,190 |
Junior Achievement Of Greater Fairfield County Bridgeport, CT | $1,604,677 | $1,296,620 |