African Center For Aquatic Research And Education Inc
- Assets
- $575.5k
- Revenue
- $744.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Ann Arbor, MI
- Founding
- 11/2017
- Data as of
- 12/2022
- EIN
- 82-2441682
Organization Overview
African Center For Aquatic Research And Education Inc is located in Ann Arbor, MI. The organization was established in 2017. According to its NTEE Classification (C32) the organization is classified as: Water Resources, Wetlands Conservation & Management, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. African Center For Aquatic Research And Education 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 12/2022, African Center For Aquatic Research And Education Inc generated $744.9k in total revenue. All expenses for the organization totaled $378.7k during the year ending 12/2022.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TACARE WAS ORGANIZED FOR THE FOLLOWING MAIN PURPOSES:1. TO EDUCATE AND TRAIN THE NEXT GENERATION OF AFRICA'S FRESH WATER RESEARCHERS, SCIENTISTS, AND POLICY MAKERS ON THE AFRICAN GREAT LAKES;2. STRENGTHEN UNDERSTANDING OF THE IMPACTS OF BIOLOGICAL, PHYSICAL, CHEMICAL, ECONOMIC, POLITICAL, SOCIAL, AND TECHNICAL FACTORS ON THE AFRICAN FRESHWATER RESOURCES; AND3. ENHANCE GLOBAL COLLABORATION BETWEEN FRESHWATER LEARNING INSTITUTIONS, ORGANIZATIONS, AND ENTITIES TO ADDRESS THE CHALLENGES FACING ALL FRESHWATER RESOURCES WITH A PARTICULAR FOCUS ON THE AFRICAN GREAT LAKES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
STRENGTHEN CAPACITY IN RESEARCH, POLICY AND MANAGEMENT THROUGH DEVELOPMENT OF A NETWORK OF AFRICAN GREAT LAKES BASIN STAKEHOLDERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Ted Lawrence Executive Director | OfficerTrustee | 20 | $0 |
Dr Kevin Obiero Chair | OfficerTrustee | 1 | $0 |
Dr Emmanuel Kaunda Director | Trustee | 1 | $0 |
Dr Kenneth Irvine Director | Trustee | 1 | $0 |
Dr Robert Kayanda Director | Trustee | 1 | $0 |
Dr Howard Stein Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $744,910 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $744,910 |
| Total Program Service Revenue | $0 |
| 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 | $744,910 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $39,566 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,094 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,383 |
| Office expenses | $2,985 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $63,283 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $215 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $378,743 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $575,471 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $575,471 |
| Accounts payable and accrued expenses | $11,899 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $11,899 |
| Net assets without donor restrictions | $563,572 |
| Net assets with donor restrictions | $0 |
| 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 | $575,471 |