K G Global Initiative Nfp
- Assets
- $14.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 04/2016
- Data as of
- 12/2023
- EIN
- 47-1857487
Organization Overview
K G Global Initiative Nfp is located in Chicago, IL. The organization was established in 2016. According to its NTEE Classification (Q99) the organization is classified as: International, Foreign Affairs & National Security N.E.C., 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. K G Global Initiative Nfp 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, K G Global Initiative Nfp generated $40.7k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 22.8% each year . All expenses for the organization totaled $39.2k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
PROVIDE EDUCATIONAL AND CULTURAL PROGRAMS FOR THE COMMUNITY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Katheryn H Ward President | 0 | $0 | |
Patricia Ann Jones Secretary | 0 | $0 | |
Christopher L Ward Treasurer | 0 | $0 | |
Debra Boyd-Seale Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $40,673 |
| 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 | $40,673 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $1,197 |
| Professional fees and other payments to independent contractors | $20 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $38,019 |
| Total expenses | $39,236 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $13,440 |
| Other assets | $0 |
| Total assets | $13,974 |
| Total liabilities | $51,267 |
| Net assets or fund balances | -$37,293 |