Kidus Legacy Education And Soccer Foundation is located in Fairfax, VA. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kidus Legacy Education And Soccer 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 12/2023, Kidus Legacy Education And Soccer Foundation generated $197.5k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 23.9% each year . All expenses for the organization totaled $194.0k during the year ending 12/2023. While expenses have increased by 23.7% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
TO PROVIDE HIGH-QUALITY EDUCATION AND SUPERIOR SKILLS OF SOCCER TO THE UNDERPRIVILEGED YOUTH THROUGHOUT ETHIOPIA, TO BUILD THE NEXT GENERATION OF HIGHLY QUALIFIED LEADERS. THE FOUNDATION STRIVES TO CREATE A POSITIVE ENVIRONMENT
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Habtamu Lema Presidant | 30 | $0 | |
Yodit Benalfe Vise Presidant | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $197,500 |
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 | $197,500 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $25,000 |
Professional fees and other payments to independent contractors | $10,200 |
Occupancy, rent, utilities, and maintenance | $15,200 |
Printing, publications, postage, and shipping | $8,550 |
Other expenses | $135,050 |
Total expenses | $194,000 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $3,500 |
Other assets | $0 |
Total assets | $10,900 |
Total liabilities | $0 |
Net assets or fund balances | $10,900 |