Go Africa Network Inc
- Assets
- -$85.4k
- Revenue
- $76.8k
- Investments
- -$33.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 04/2014
- Data as of
- 12/2021
- EIN
- 47-1150332
Organization Overview
Go Africa Network Inc is located in New York, NY. The organization was established in 2014. According to its NTEE Classification (G81) the organization is classified as: AIDS, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Go Africa Network 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 12/2021, Go Africa Network Inc generated $76.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (28.6%) each year. All expenses for the organization totaled $85.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (26.6%) per year over the past 5 years. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
GO AFRICA PRODUCTS AWARENESS HELP COMMUNITIES BE AWARE OF AFRICAN PRODUCTS AND SERVICES
GO AFRICA HARLEM CARNIVAL 2020 VIRTUAL EVENT KEY PROMOTION EVENT FOR THE ORGANIZATION OVER 10,000 ATTENDEES
GO AFRICA COMMODITIES PROCESSING INITIATIVE IN AFRICA DRIVING THE PRODUCTION OF PRODUCTS IN EAST & WEST AFRICA WE WILL INCREASE THE WELLBEING OF PEOPLE AND COMMUNITIES IN AFRICA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Samuel Jones Chairman | 20 | $0 | |
Haruna Musah CFO | 2 | $0 | |
Dennie Beach President | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $76,831 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| 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 | $76,831 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $50 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $7,298 |
| Printing and publications | $0 |
| Other expenses | $75,953 |
| Total operating and administrative expenses | $85,579 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $85,579 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$86,702 |
| 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 | -$33 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1,352 |
| Total assets | -$85,383 |
| Accounts payable and accrued expenses | $34,418 |
| 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 | -$2,379 |
| Total liabilities | $32,039 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Go Africa Network Inc has recieved totaling $19,050.
| Awarding Organization | Amount |
|---|---|
United Way Worldwide Alexandria, VA PURPOSE: General Charitable Contributions | $19,050 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Iris House A Center For Woman Living With Hiv Inc New York, NY | $6,105,422 | $9,626,648 |
Aids Council Of Northeastern New York Inc Albany, NY | $5,396,123 | $8,501,325 |
St Marys Center Inc New York, NY | $10,085,073 | $7,955,326 |
Boom Health Bronx, NY | $11,328,147 | $6,627,643 |
Leeway Inc New Haven, CT | $9,794,626 | $8,497,592 |
Health Care Advocates International Inc Stratford, CT | $3,474,224 | $8,108,967 |
Latino Commission On Aids Inc New York, NY | $3,064,833 | $7,826,627 |
Aids Support Group Of Cape Cod Inc Provincetown, MA | $2,646,303 | $6,573,173 |
Allies For Health & Wellbeing Pittsburgh, PA | $5,603,564 | $6,585,138 |
Southern Tier Aids Program Inc Binghamton, NY | $4,861,856 | $5,951,226 |
Aids Action Committee Of Massachusetts Inc Boston, MA | $6,188,233 | $8,294,803 |
Aids Resource Foundation For Children Newark, NJ | $2,752,919 | $5,651,255 |