American Venezuelan Engagement Foundation Inc
- Assets
- $578.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Miami, FL
- Founding
- 10/2017
- Data as of
- 12/2020
- EIN
- 82-1416434
Organization Overview
American Venezuelan Engagement Foundation Inc is located in Miami, FL. The organization was established in 2017. According to its NTEE Classification (Q20) the organization is classified as: Promotion of International Understanding, 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. American Venezuelan Engagement 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 12/2020, American Venezuelan Engagement Foundation Inc generated $143.1k in total revenue. All expenses for the organization totaled $130.3k during the year ending 12/2020. While expenses have increased by 121.4% per year over the past 4 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 ENTITY BEGAN THE DEVELOPMENT OF PROGRAMS FOR EDUCATION, FOOD AND HEALTH NEEDS FOR VENEZUELA THE FIRST ONE WAS THE EDUCATION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gabi Garcia President | 40 | $0 | |
Valeria Viera Director | 20 | $0 | |
Martha Viera Director | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $143,069 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $143,069 |
| 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 | $750 |
| Occupancy, rent, utilities, and maintenance | $10,421 |
| Printing, publications, postage, and shipping | $30,092 |
| Other expenses | $28,544 |
| Total expenses | $130,314 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $578 |
| Other assets | $0 |
| Total assets | $578 |
| Total liabilities | $74,382 |
| Net assets or fund balances | -$73,804 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that American Venezuelan Engagement Foundation Inc has recieved totaling $40,116.
| Awarding Organization | Amount |
|---|---|
I Love Venezuela Foundation Inc Miami, FL PURPOSE: DONATION - SOCIAL DEVELOPMENT | $33,000 |
Paypal Charitable Giving Fund Washington, DC PURPOSE: general support | $7,116 |
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