Maraan Foundation is located in North Ridgeville, OH. The organization was established in 2019. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Maraan 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, Maraan Foundation generated $23.0k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 24.6% each year . All expenses for the organization totaled $22.7k during the year ending 12/2021. While expenses have increased by 24.2% per year over the past 3 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
2021
Describe the Organization's Program Activity:
Part 3
SUPPORT OF PHASE 1 MODEL HIGH SCHOOL IN LILONGWE, MALAWI
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Martin M M'tambo President Founder | 5 | $0 | |
Amin Abdul Director | 0 | $0 | |
Margaret M'tambo Director | 5 | $0 | |
Daniel Barnes Director | 0 | $0 | |
Roger Kluever Director | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $24,933 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | -$1,976 |
Other Revenue | $0 |
Total Revenue | $22,957 |
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 | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $22,669 |
Total expenses | $22,669 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $4,016 |
Other assets | $0 |
Total assets | $4,016 |
Total liabilities | $0 |
Net assets or fund balances | $4,016 |
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