Akala Family Foundation
- Assets
- $88.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cologne, MN
- Founding
- Data as of
- 12/2022
- EIN
- 84-3968240
Organization Overview
Akala Family Foundation is located in Cologne, MN. According to its NTEE Classification (Q32) the organization is classified as: International Economic 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. Akala Family 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 12/2022, Akala Family Foundation generated $124.4k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 31.1% each year . All expenses for the organization totaled $73.8k during the year ending 12/2022. While expenses have increased by 23.6% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Father Brian Oestreich President | 20 | $0 | |
Julie Cink President Elect | 15 | $0 | |
Mallory Raymond Vice President | 5 | $0 | |
Meghan Stordahl Secretary | 2 | $0 | |
Sydney Wittnebel Treasurer | 2 | $0 | |
Darrin Exsted Director Of Strategy Development | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $88,061 |
| Total Program Service Revenue | $36,372 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $124,433 |
| 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 | $1,200 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $72,641 |
| Total expenses | $73,841 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $66,813 |
| Other assets | $0 |
| Total assets | $88,813 |
| Total liabilities | $0 |
| Net assets or fund balances | $88,813 |
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