Afnova Inc
- Assets
- $0.0
- Revenue
- $206.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Baltimore, MD
- Founding
- 06/2015
- Data as of
- 12/2019
- EIN
- 47-2526913
Organization Overview
Afnova Inc is located in Baltimore, MD. The organization was established in 2015. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations.
For the year ending 12/2019, Afnova Inc generated $206.4k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 9.2% each year. All expenses for the organization totaled $2.2m during the year ending 12/2019. 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 |
|---|---|---|---|
Christopher Albrittain Dir/treas | 1 | $0 | |
Michael L Albrittain Dir/sec | 1 | $0 | |
Nancy A Bright Pres/dir | 1 | $0 | |
Karen Albrittain Williams Vp/dir | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $50,925 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $155,491 |
| Capital Gain Net Income | $155,491 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $206,416 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,420 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $24,770 |
| Contributions, gifts, grants paid | $2,163,597 |
| Total expenses and disbursements | $2,188,367 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $0 |
| 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, Afnova Inc has awarded $2,163,597 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
COMMUNITY RESIDENCES INC PURPOSE: GENERAL | $500,000 |
ST AGNES CATHOLIC CHURCH PURPOSE: GENERAL | $500,000 |
ARLINGTON HOUSING CORPORATION PURPOSE: GENERAL | $100,000 |
CATHOLIC CHARITIES DIOCESE OF ARLINGTON PURPOSE: GENERAL | $200,000 |
CAPITAL CARING HEALTH PURPOSE: GENERAL | $200,000 |
ST PAUL VI CATHOLIC HIGH SCHOOL PURPOSE: GENERAL | $500,000 |