Agape Foundation Inc
- Assets
- $64.8k
- Revenue
- $150.0
- Investments
- $62.1k
- Employees
- 0
- Location
- Forest, VA
- Founding
- 06/2014
- Data as of
- 12/2023
- EIN
- 46-3824233
Organization Overview
Agape Foundation Inc is located in Forest, VA. The organization was established in 2014. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Agape Foundation 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 12/2023, Agape Foundation Inc generated $150.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (54.6%) each year. All expenses for the organization totaled $1.1k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Agape Foundation Inc has awarded 58 individual grants totaling $1,152,527. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
ORGANIZATION IS PENDING FUNDING FOR FUTURE PRISON MINISTRY AND ORPHAN MINISTRY ACTIVITIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Reuben Gobezie President | 0 | $0 | |
Courtney Gobezie Vice President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $150 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $150 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $54 |
| Total operating and administrative expenses | $1,079 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $1,079 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,665 |
| 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 | $50,531 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $64,807 |
| 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 |
Grants Awarded
Over the last fiscal year, Agape Foundation Inc has awarded $108,945 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
BAPTIST MID MISSIONS PURPOSE: TO FUND MISSIONARIES. | $4,000 |
BRING LOVE IN PURPOSE: FUND MORE CAPACITY TO CARE FOR ORPHANED AND ABANDONED CHILDREN IN ETHIOPIA. | $4,000 |
FIRST BAPTIST ORLANDO PURPOSE: FUND THE MISSION OF THE CHURCH. | $34,000 |
PRESBYTERIAN FRONTIER FELLOWSHIP PURPOSE: MISSIONS WORK OVERSEAS. | $1,000 |
TRUE FREEDOM MINISTRIES INC PURPOSE: PRISON MINISTRY INCLUDING REHABILITATION AND JOB TRAINING. | $5,712 |
THE CITY MISSION PURPOSE: FEEDING THE HOMELESS MINISTRY | $9,000 |