Gk Folks Foundation
- Assets
- $9.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- West Jordan, UT
- Founding
- 03/2015
- Data as of
- 12/2021
- EIN
- 46-5222358
Organization Overview
Gk Folks Foundation is located in West Jordan, UT. The organization was established in 2015. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gk Folks Foundation 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, Gk Folks Foundation generated $11.5k 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 (47.0%) each year. All expenses for the organization totaled $6.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (54.5%) per year over the past 3 years. 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
GK FOLK FOUNDATION EMPOWERS AFRICAN YOUTH BY PROVIDING THEM WITH INVALUABLE TOOLS AND OPPORTUNITIES TO SUCCESSFULLY NAVIGATE CULTURAL BARRIERS. THE FOUNDATION EMPOWERS YOUTH TO TRIUMPH WITHIN THE AMERICAN CULTURE AND SUPPORT THEIR EFFORTS TO GIVE BACK TO AFRICA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gloria Mensah President & CEO | 4 | $0 | |
Koffi Alain Sessi Vice President | 4 | $0 | |
Victor Kajo Secretary | 4 | $0 | |
Jef Fisher Vice President | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,503 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $11,503 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $300 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $6,640 |
| Total expenses | $6,940 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $2,873 |
| Other assets | $0 |
| Total assets | $9,173 |
| Total liabilities | $50,171 |
| Net assets or fund balances | -$40,998 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Gk Folks Foundation has recieved totaling $24.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $24 |
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