Active Nation is located in Playa Vista, CA. The organization was established in 2018. According to its NTEE Classification (N40) the organization is classified as: Sports Associations & Training Facilities, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Active Nation 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 12/2020, Active Nation generated $478.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (24.9%) each year. All expenses for the organization totaled $175.9k during the year ending 12/2020. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE AND EDUCATE POSITIVE PHYSICAL AND SOCIAL WELL-BEING OF UNDER-REPRESENTED INDIVIDUALS THROUGH THE ORGANIZED PROJECT DEVELOPMENT OF LIVING A HEALTHY AND PROSPEROUS FINANCIAL LIFESTYLE VIA THE FASTR ACADEMY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FAME ACADEMY ACTIVE HEALTH ACADEMY STEM ACADEMY TRUE ACADEMY
FINANCIAL ACCOUNTING MANAGEMENT ECONOMY OF SELF ARE PROGRAM SERVICE SUBJECTS THAT WILL PROVIDE FINANCIAL LITERACY CREDIT UTILIZATION STOCK MARKET INTRODUCTION TAX ASSISTANCE HOUSING ASSISTANCE VEHICLE LOAN COMPREHENSION LOANS AND AVAILABLE GOVERNMENT RESOURCE COUNSELING COACHING CREDIT REPAIR TRAINING AND EDUCATION.
**PROGRAM WAS SUSPENDED DUE TO COVID EMERGENCY** PROVIDES HEALTH EDUCATION SELF-DEFENSE NUTRITION PERSONAL TRAINING GROUP TRAINING STRETCHING STRESS EDUCATION.
FAME ACADEMY ACTIVE HEALTH ACADEMY STEM ACADEMY TRUE ACADEMY
FINANCIAL ACCOUNTING MANAGEMENT ECONOMY OF SELF ARE PROGRAM SERVICE SUBJECTS THAT WILL PROVIDE FINANCIAL LITERACY CREDIT UTILIZATION STOCK MARKET INTRODUCTION TAX ASSISTANCE HOUSING ASSISTANCE VEHICLE LOAN COMPREHENSION LOANS AND AVAILABLE GOVERNMENT RESOURCE COUNSELING COACHING CREDIT REPAIR TRAINING AND EDUCATION.
**PROGRAM WAS SUSPENDED DUE TO COVID EMERGENCY** PROVIDES HEALTH EDUCATION SELF-DEFENSE NUTRITION PERSONAL TRAINING GROUP TRAINING STRETCHING STRESS EDUCATION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ahmed Aganju CFO | Officer | 5 | $0 |
Lola Baidoo Secretary | Officer | 5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $15,000 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $15,000 |
Total Program Service Revenue | $463,618 |
Investment income | $0 |
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 | $478,618 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $65,000 |
Compensation of current officers, directors, key employees. | $65,000 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $80,000 |
Other employee benefits | $0 |
Payroll taxes | $0 |
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 | $0 |
Advertising and promotion | $0 |
Office expenses | $30,871 |
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 | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $175,871 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $250 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $15,000 |
Accounts receivable, net | $186,323 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $411,323 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $5,000 |
Other assets | $0 |
Total assets | $617,896 |
Accounts payable and accrued expenses | $30,870 |
Grants payable | $15,000 |
Deferred revenue | $235,272 |
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 | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $281,142 |
Net assets without donor restrictions | $5,250 |
Net assets with donor restrictions | $331,504 |
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 | $0 |
Total liabilities and net assets/fund balances | $617,896 |
Over the last fiscal year, we have identified 1 grants that Active Nation has recieved totaling $85.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $85 |
Net Contributions | $776,220 |
Ending Balance | $776,220 |
Organization Name | Assets | Revenue |
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Rite Of Passage Adolescent Treatment Centers And Schools Inc Minden, NV | $17,178,418 | $21,115,596 |
Legacy Cares Inc Mesa, AZ | $274,504,525 | $1,590,853 |
West Coast Conference San Mateo, CA | $4,527,634 | $9,361,437 |
Special Olympics Northern California Inc Pleasant Hill, CA | $10,672,015 | $12,718,855 |
California Interscholastic Federation Sacramento, CA | $12,004,987 | $7,907,718 |
California Interscholastic Federation Southern Section Los Alamitos, CA | $4,563,929 | $4,084,301 |
Rising Sun Center For Opportunity Oakland, CA | $5,693,879 | $3,071,159 |
Sac-Joaquin Section Of The California Interscholastic Federat Lodi, CA | $3,814,597 | $3,827,581 |
Legacy Connections Pasadena, CA | $10,214,939 | $3,750,948 |
Athletic Edge Salem, OR | $716,620 | $2,012,324 |
San Francisco Bicycle Coalitioneducation Fund Inc San Francisco, CA | $133,600 | $1,861,982 |
Pleasanton Girls Soccer Association Pleasanton, CA | $1,693,720 | $2,151,172 |