The Emba Foundation Incorporated
- Assets
- $134.3k
- Revenue
- $36.5k
- Investments
- $116.4k
- Employees
- 0
- Location
- Lexington, VA
- Founding
- 05/1989
- Data as of
- 12/2021
- EIN
- 54-1458064
Organization Overview
The Emba Foundation Incorporated is located in Lexington, VA. The organization was established in 1989. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Emba Foundation Incorporated 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, Emba Foundation Incorporated generated $36.5k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 10.6% each year . All expenses for the organization totaled $10.3k during the year ending 12/2021. While expenses have increased by 2.2% per year over the past 5 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT FOR BANNA BAPTIST CHURCH, BANNA, ILOCOS NORTE, PHILIPPINES
SUPPORT FOR FIRST BAPTIST CHURCH, CURVA, PAMPLONA, CAGAYAN, PHILIPPINES
SUPPORT FOR PARAOIR BAPTIST CHURCH, LA UNION, PHILIPPINES
SUPPORT FOR SARRAT BIBLE BAPTIST CHURCH, SARRAT, ILOCOS NORTE, PHILIPPINES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Grace Keller President | 0.5 | $0 | |
Michael Smitka Secretary / Treasurer | 2 | $0 | |
Olin Amayun Director | 0.5 | $0 | |
Gloria Smitka Vice President / Executive Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $17,108 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,407 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $17,984 |
| Capital Gain Net Income | $17,984 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $36,499 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $565 |
| Total operating and administrative expenses | $565 |
| Contributions, gifts, grants paid | $9,717 |
| Total expenses and disbursements | $10,282 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,545 |
| Savings and temporary cash investments | $4,329 |
| 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 | $134,288 |
| 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, The Emba Foundation Incorporated has awarded $9,717 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
BANNA BAPTIST CHURCH PURPOSE: SUPPORT OF CHURCH | $2,368 |
FIRST BAPTIST CHURCH (PASTOR ORLANDO MARCOS) PURPOSE: SUPPORT OF CHURCH | $2,265 |
PARAOIR BAPTIST CHURCH PURPOSE: SUPPORT OF CHURCH AND MISSIONS | $1,817 |
SARRAT BIBLE BAPTIST PURPOSE: FOR YOUTH PASTOR | $1,125 |
JOSEFINA BUISER PURPOSE: SUPPORT OF WIDOW WHO CARES FOR ORPHANS | $821 |
FIRST BAPTIST CHURCH (CHARLES IBANES TREASURER) PURPOSE: SUPPORT OF CHURCH | $621 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Robins Foundation Richmond, VA | $182,936,779 | $19,761,890 |
Jacob And Hilda Blaustein Foundation Inc Baltimore, MD | $130,688,531 | $27,779,767 |
Carson-Myre Charitable Foundation Paducah, KY | $72,587,857 | $8,781,396 |
Virginia Institute Of Autism Incorporated Charlottesville, VA | $13,400,970 | $11,731,710 |
Clark-Winchcole Foundation Bethesda, MD | $197,708,650 | $12,024,655 |
Joe C Davis Foundation Nashville, TN | $101,782,891 | $6,182,733 |
National Minority Quality Forum Inc Washington, DC | $4,852,871 | $11,649,230 |
Gambrell Foundation Charlotte, NC | $0 | $18,901,501 |
Day Foundation Memphis, TN | $0 | $13,711,953 |
Clayton Family Foundation Knoxville, TN | $90,913,195 | $17,391,150 |
Affordable Housing Opportunity Fund Inc Charlottesville, VA | $703,537 | $6,974,715 |
G Harbaugh Foundation Franklin, TN | $61,708,468 | $12,393,056 |