Kabia Foundation Inc is located in Anchorage, AK. The organization was established in 2017. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kabia Foundation 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 12/2021, Kabia Foundation Inc generated $374.5k in total revenue. All expenses for the organization totaled $497.8k during the year ending 12/2021.
Since 2019, Kabia Foundation Inc has awarded 11 individual grants totaling $240,442. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION STRIVES TO EDUCATE INSPIRE AND EMPOWER PEOPLE FROM MINORITY BACKGROUD BY ASSISTING WITH SUSTAINED EDUCATION
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Milton Kabia President | 4 | $0 | |
Yabonet Kabia Vice-President | 4 | $0 | |
Alpha Kabia Secretary | 4 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $334,134 |
Interest on Savings | $0 |
Dividends & Interest | $0 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $0 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $40,370 |
Total Revenue | $374,504 |
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 | $137,471 |
Printing and publications | $0 |
Other expenses | $360,323 |
Total operating and administrative expenses | $497,794 |
Contributions, gifts, grants paid | $0 |
Total expenses and disbursements | $497,794 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $359,081 |
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 | $359,081 |
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 | $480,900 |
Other liabilities | $0 |
Total liabilities | $480,900 |
Over the last fiscal year, Kabia Foundation Inc has awarded $240,442 in support to 11 organizations.
Grant Recipient | Amount |
---|---|
CHURCH BUILDING PURPOSE: LABORS & MATERIAL FOR BUILDING A CHURCH | $97,090 |
SIERRA LEONE PURPOSE: VARIOUS PROJECT IN SIERRA LEONE AREA | $71,945 |
ADMINISTRATION EXPENSE PURPOSE: GENERAL & ADMINISTRATION FOR KABIA FOUNDATION | $46,941 |
WELLS PROJECT PURPOSE: WELLS FOR VARIOUS VILLAGES | $8,862 |
SCHOOL FEES PROJECTS PURPOSE: TUITION FEES HOSTELS & BOOKS COST ASSISTANCE | $6,713 |
YOUTH DEVELOPMENT PURPOSE: SUPPORT YOUTH AND REDUCE UNEMPLOYMENT | $3,185 |
Organization Name | Assets | Revenue |
---|---|---|
Making A Difference Foundation Seattle, WA | $5,648,581 | $9,801,406 |
Washington State University Global Health Pullman, WA | $474,066 | $7,124,881 |
Worldreader Org Seattle, WA | $11,912,107 | $9,017,027 |
All Gods Children International Vancouver, WA | $4,347,832 | $7,534,520 |
International Childrens Care Inc Vancouver, WA | $2,390,869 | $3,895,114 |
Days For Girls International Mount Vernon, WA | $1,621,886 | $3,676,158 |
Childcare Worldwide Lynden, WA | $2,694,359 | $2,926,893 |
Glenorchy Marketplace Foundation Bellevue, WA | $35,571,268 | $3,025,099 |
African Entrepreneurship Collective Clinton, WA | $11,434,782 | $6,049,617 |
Alliance For Children Everywhere Seattle, WA | $495,240 | $1,071,349 |
Amplio Network Seattle, WA | $777,328 | $1,115,432 |
Pilgrim Seattle, WA | $360,963 | $918,667 |