Kumasi Charitable Foundation Inc
- Assets
- $145.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lithia Springs, GA
- Founding
- 07/2015
- Data as of
- 12/2018
- EIN
- 46-5746077
Organization Overview
Kumasi Charitable Foundation Inc is located in Lithia Springs, GA. The organization was established in 2015. According to its NTEE Classification (P60) the organization is classified as: Emergency Assistance, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kumasi Charitable 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 12/2018, Kumasi Charitable Foundation Inc generated $12.6k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 7.9% each year. All expenses for the organization totaled $12.7k during the year ending 12/2018. While expenses have increased by 7.3% per year over the past 3 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Prince Alifoe President | 25 | $0 | |
Kwadwo Boakye Vice President | 30 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,563 |
| 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 | $12,563 |
| 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 | $1,500 |
| Printing, publications, postage, and shipping | $1,500 |
| Other expenses | $825 |
| Total expenses | $12,743 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $145 |
| Other assets | $0 |
| Total assets | $145 |
| Total liabilities | $0 |
| Net assets or fund balances | $145 |
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