Africa Future Foundation
- Assets
- $83.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fullerton, CA
- Founding
- Data as of
- 12/2021
- EIN
- 83-4396614
Organization Overview
Africa Future Foundation is located in Fullerton, CA. According to its NTEE Classification (Q33) the organization is classified as: International Relief, 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. Africa Future 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, Africa Future Foundation generated $145.9k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 14.5% each year . All expenses for the organization totaled $151.4k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
SUPPORTING COVID-19 PROTECTIVE EQUIPMENT & MEDICAL SUPPLIES TO LOW-INCOME PEOPLE IN AFRICA AND PROVIDING GRANTS TO AFRICAN HEALTH EDUCATION SCHOOLS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hong Sik Kim CEO | 5 | $0 | |
Sam Jin Na CFO | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $141,555 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $4,335 |
| Total Revenue | $145,890 |
| 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 | $775 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $3,958 |
| Other expenses | $4,180 |
| Total expenses | $151,393 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $82,976 |
| Other assets | $0 |
| Total assets | $82,976 |
| Total liabilities | $0 |
| Net assets or fund balances | $82,976 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Africa Future Foundation has recieved totaling $6,000.
| Awarding Organization | Amount |
|---|---|
Parks Family Foundation Fullerton, CA PURPOSE: DONATION | $6,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Good Neighbors Global Partnership Center Tustin, CA | $7,369,016 | $74,277,628 |
Give2asia Oakland, CA | $46,076,655 | $66,536,782 |
International Relief Teams San Diego, CA | $7,706,512 | $52,337,669 |
Armenia Artsakh Fund Inc Northridge, CA | $19,924 | $33,562,642 |
Global Operations And Development- Giving Children Hope Buena Park, CA | $8,064,213 | $30,512,149 |
Eden Reforestation Projects Glendora, CA | $7,036,830 | $26,588,598 |
Mission Without Borders International Camarillo, CA | $12,905,795 | $20,022,100 |
Assist International Inc Ripon, CA | $15,283,547 | $16,657,420 |
Maranatha Volunteers International Inc Roseville, CA | $22,832,161 | $24,229,076 |
Alliance For Medical Outreach And Relief Fresno, CA | $15,431,819 | $11,809,946 |
Iris Global Redding, CA | $6,251,509 | $13,219,595 |
Behring Global Educational Foundation Danville, CA | $225,486,118 | $12,863,733 |