African American Development Council Inc
- Assets
- $9.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Live Oak, FL
- Founding
- 09/2009
- Data as of
- 12/2020
- EIN
- 59-3708106
Organization Overview
African American Development Council Inc is located in Live Oak, FL. The organization was established in 2009. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. African American Development Council Inc 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, African American Development Council Inc generated $24.3k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $25.9k during the year ending 12/2020. While expenses have increased by 1.6% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3
THE MISSION OF THIS ORGANIZATION IS TO WORK TOWARD THE DEVELOPMENT OF AFRICAN AMERICAN PEOPLE IN THE SUWANNEE COUNTY AREA. THESE EFFORTS HELP ENSURE A BRIGHTER FUTURE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Yvonne Scott President | 0 | $0 | |
Murlin Wells Secretary | 0 | $0 | |
Otis Johnson Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $22,708 |
| Total Program Service Revenue | $0 |
| Membership dues | $1,560 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $24,268 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $600 |
| Other expenses | $25,302 |
| Total expenses | $25,902 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $9,446 |
| Other assets | $0 |
| Total assets | $9,446 |
| Total liabilities | $0 |
| Net assets or fund balances | $9,446 |
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