Adea Foundation
- Assets
- $2.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Seattle, WA
- Founding
- 06/2006
- Data as of
- 12/2021
- EIN
- 83-0393515
Organization Overview
Adea Foundation is located in Seattle, WA. The organization was established in 2006. According to its NTEE Classification (Q30) the organization is classified as: International Development, 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. Adea Foundation 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, Adea Foundation generated $186.4k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 56.9% each year . All expenses for the organization totaled $188.2k during the year ending 12/2021. While expenses have increased by 60.9% per year over the past 2 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Douglas Mcfalls Director | 50 | $0 | |
Peter Gilbert Board Member | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $188,268 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$1,909 |
| Other Revenue | $0 |
| Total Revenue | $186,359 |
| 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 | $1,196 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $221 |
| Other expenses | $5,032 |
| Total expenses | $188,169 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $2,406 |
| Other assets | $0 |
| Total assets | $2,406 |
| Total liabilities | $0 |
| Net assets or fund balances | $2,406 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Adea Foundation has recieved totaling $71,467.
| Awarding Organization | Amount |
|---|---|
American Endowment Foundation Hudson, OH PURPOSE: GENERAL OPERATING SUPPORT | $50,000 |
Charities Aid Foundation America Alexandria, VA PURPOSE: CHARITABLE DONATION | $9,800 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $5,400 |
Impactassets Inc Bethesda, MD PURPOSE: GENERAL SUPPORT | $5,250 |
Baruch Hall Family Foundation Inc Atlanta, GA PURPOSE: GENERAL FUNDING TO FURTHER MISSION OF FOUNDATION | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $17 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Medical Teams International Tigard, OR | $43,129,775 | $57,004,022 |
Panorama Global Seattle, WA | $45,204,224 | $43,110,179 |
Health Alliance International Seattle, WA | $1,404,017 | $8,275,089 |
Ashesi University Foundation Seattle, WA | $12,782,442 | $4,145,019 |
Agros International Seattle, WA | $3,399,558 | $4,102,403 |
Na Ah Illahee Fund Seattle, WA | $3,416,463 | $4,496,691 |
World Concern Development Organization Shoreline, WA | $2,234,815 | $2,856,478 |
Forward Edge International Brush Prairie, WA | $1,950,327 | $2,648,381 |
Bridges To Development Vashon, WA | $3,789,622 | $3,043,264 |
Amigos De Honduras Seattle, WA | $43,954 | $2,329,024 |
Partners In Aviation And Communications Technology Inc Nampa, ID | $1,585,559 | $2,438,733 |
Yemen Relief And Reconstruction Foundation Mercer Island, WA | $2,032,152 | $2,587,110 |