Amity Foundation
- Assets
- $3.7m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 2
- Location
- Dearborn, MI
- Founding
- 07/2015
- Data as of
- 06/2023
- EIN
- 47-4368843
Organization Overview
Amity Foundation is located in Dearborn, MI. The organization was established in 2015. According to its NTEE Classification (K30) the organization is classified as: Food Programs, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 06/2023, Amity Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Amity 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 06/2023, Amity Foundation generated $1.5m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 35.0% each year . All expenses for the organization totaled $670.9k during the year ending 06/2023. While expenses have increased by 30.3% per year over the past 6 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PUBLIC SERVICE AND EDUCATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING COMMUNITY SERVICE FOR SOCIAL AND EDUCATIONAL.PROVIDING FOOD AND CLOTHING FOR THE BENEFIT OF POOR AND NEEDY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amad Elzayat Director | Trustee | 2 | $0 |
Eleni Baidoun Director | Trustee | 2 | $0 |
Danielle Zayat Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,000,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $449,501 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,449,501 |
| Total Program Service Revenue | $0 |
| Investment income | $55,150 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,504,651 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $100,600 |
| Grants and other assistance to domestic individuals. | $445,462 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $71,580 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $5,864 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,910 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $7,336 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $19,585 |
| Insurance | $0 |
| All other expenses | $12,895 |
| Total functional expenses | $670,943 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,964,124 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $100,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $634,208 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,698,332 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $63,510 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $407,826 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,036 |
| Total liabilities | $473,372 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $3,224,960 |
| Total liabilities and net assets/fund balances | $3,698,332 |
Grants Awarded
Over the last fiscal year, Amity Foundation has awarded $100,600 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
AL-HUDA ISLAMIC ASSOCIATION PURPOSE: CHARITABLE | $0 |
PALESTINE CHILDRENS RELIEF FUND PURPOSE: CHARITABLE | $0 |
PALESTINIAN MEDICAL ASSOCIATION PURPOSE: CHARITABLE | $0 |
ASSOCIATION OF SPIRITUAL RENEWAL PURPOSE: CHARITABLE | $600 |
UNITED HUMANITARIAN FOUNDATION PURPOSE: CHARITABLE | $0 |
TAHA FOUNDATION PURPOSE: CHARITABLE | $100,000 |