Aakoma Project Inc is located in Arlington, VA. The organization was established in 2019. According to its NTEE Classification (B01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Education and related organizations. As of 12/2023, Aakoma Project Inc employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Aakoma Project 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 12/2023, Aakoma Project Inc generated $235.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (32.5%) each year. All expenses for the organization totaled $1.6m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE AAKOMA PROJECT WORKS TO BUILD THE CONSCIOUSNESS OF INTERSECTIONAL YOUTH AND YOUNG ADULTS OF COLOR AND THEIR CAREGIVERS ON THE RECOGNITION AND IMPORTANCE OF MENTAL HEALTH, EMPOWER YOUTH AND THEIR FAMILIES TO SEEK HELP AND MANAGE MENTAL HEALTH, AND INFLUENCE SYSTEMS AND SERVICES TO RECEIVE AND ADDRESS THE NEEDS OF YOUTH AND YOUNG ADULTS OF COLOR AND THEIR FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2023, THE AAKOMA PROJECT'S COMMITMENT TO RAISING CONSCIOUSNESS, EMPOWERING PEOPLE, AND CHANGING SYSTEMS LOOKED LIKE RAISING CONSCIOUSNESS THROUGH, 1.7B READERSHIP ACROSS MEDIA FEATURES, 14,500K+ FOLLOWERS AND 346,000+ IMPRESSIONS ACROSS SOCIAL MEDIA PLATFORMS. AS WELL, THE AAKOMA PROJECT WAS FEATURED IN TOP GLOBAL OUTLETS INCLUDING ART BASEL, THE TODAY SHOW AND THE ASPEN INSTITUTE.
YOUTH OF COLOR ARE IN CRITICAL NEED OF IMPROVED MENTAL HEALTH; HOWEVER, RESEARCH ABOUT YOUTH OF COLOR IS MAINLY ABSENT. IN 2023, THE AAKOMA PROJECT PRODUCED 2 MAJOR REPORTS ON YOUTH OF COLOR MENTAL HEALTH; A FULL REPORT ON OVERALL MENTAL HEALTH, COUPLED WITH A GLOBAL ONLINE AUDIENCE FOCUSED EVENT AND A BRIEF ON YOUTH AND YOUNG ADULTS OF COLOR AND SOCIA MEDIA USE AND IMPACTS. IN 2023, AAKOMA ALSO TRAINED OUR COHORT OF YUTH OF COLOR LEADERS IN DESIGNING AND IMPLEMENTING MENTAL HEALTH CAMPAIGNS AND WE HOSTED A GALA TO HONOR THE YOUTH.
EMPOWERING PEOPLE WITH ACCESSIBLE TOOLS FOR ONGOING MENTAL HEALTH MANAGEMENT INCLUDING ENGAGING 13 YOUTH FROM THREE COUNTRIES TO JOIN TEAM AAKOMA (OUR YOUTH LEADERSHIP AND ADVISORY BOARD) RECEIVING TRAINING, LEADERSHIP AND ENGAGEMENT OPPORTUNITIES WHO ALSO STOOD TALL AND INITIATED MENTAL HEALTH CONVERSATIONS WITH FAMILY AND FRIENDS. NOTABLY 100% OF OUR AAKOMA PROJECT FREE THERAPY NETWORK PROVIDERS ARE PEOPLE OF COLOR AND/OR PEOPLE WITH EXPERTISE IN PROVIDING CULTURALLY RESPONSIVE CARE. AAKOMA HAS COORDINATED HUNDREDS OF HOURS OF FREE MENTAL HEALTHCARE (VIA OUR NATIONAL PROVIDER NETWORK REFERRAL SERVICE) TO YOUTH AND YOUNG ADULTS OF COLOR AGES 12-30 REACHING PEOPLE OF COLOR IN ALMOST HALF 52 STATES AND U.S. TERRITORIES. OUR WORK ALSO REACHES INDIVIDUALS ON A PERSONAL LEVEL VIA OUR ACTIVITIES LIKE TEACHING VIRTUAL MINDFULNESS MEDITATION FOR YOUNG PEOPLE OF COLOR, CONNECTING STUDENTS WITH MENTORS FROM OUR NETWORK, AND PROVIDING LEADERSHIP OPPORTUNITIES, INTERNSHIPS, AND JOBS.
CHANGING SYSTEMS TO PROMOTE YOUTH WELLBEING AND PROVIDE BETTER CARE: AAKOMA LEADS IN THE PRODUCTION OF RIGOROUS, CULTURALLY-RELEVANT SCIENCE AT THE INTERSECTION OF TRADITIONAL CLINICAL RESEARCH AND COMMUNITY ENGAGED RESEARCH. WE WORK TO ENSURE THAT RESEARCHERS, RESEARCH INSTITUTIONS, AND ASSOCIATIONS RECOGNIZE AND PRIORITIZE DATA AND STUDIES THAT FOCUS ON THE NEEDS OF THE WIDEST RANGE OF YOUTH AND YOUNG ADULTS POSSIBLE. IN 2023, WE ALSO SUPPORTED CLOSE TO 500 HOURS OF FREE THERAPY NOTING THAT 168 PROVIDERS ARE PART OF AAKOMA'S FREE THERAPY NETWORK, PROMOTING MENTAL HEALTH, AND REDUCING THE STIGMA AROUND MENTAL ILLNESS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dr Alfiee Breland-Noble President | OfficerTrustee | 40 | $240,000 |
Helen Kathy Williams Vp, Secretary | OfficerTrustee | 1 | $0 |
Dr Richard Noble III Treasurer | OfficerTrustee | 1 | $0 |
Dr Shauna Cooper Director | Trustee | 1 | $0 |
Kathy Springfield Cobb Director | Trustee | 1 | $0 |
Seetal Parikh-Chopra Director Of Research | 40 | $110,806 |
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 | $230,941 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $230,941 |
Total Program Service Revenue | $500 |
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 | $235,772 |
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. | $240,000 |
Compensation of current officers, directors, key employees. | $46,400 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $489,588 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $14,551 |
Payroll taxes | $46,186 |
Fees for services: Management | $0 |
Fees for services: Legal | $978 |
Fees for services: Accounting | $79,122 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $364,414 |
Advertising and promotion | $6,568 |
Office expenses | $30,821 |
Information technology | $9,046 |
Royalties | $0 |
Occupancy | $123,951 |
Travel | $73,775 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $6,048 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $1,555,060 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $890,087 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $608,818 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $1,867 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $6,525 |
Net Land, buildings, and equipment | $5,721 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $15,383 |
Total assets | $1,528,401 |
Accounts payable and accrued expenses | $30,588 |
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 | $19,545 |
Total liabilities | $50,133 |
Net assets without donor restrictions | $772,894 |
Net assets with donor restrictions | $705,374 |
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 | $1,528,401 |