Tua Foundation Inc is located in Austin, TX. According to its NTEE Classification (O99) the organization is classified as: Youth Development N.E.C., 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. Tua Foundation 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 12/2021, Tua Foundation Inc generated $312.7k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 59.5% each year . All expenses for the organization totaled $321.2k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE TUA FOUNDATION IS A 501(C)(3) NONPROFIT ORGANIZATION DEDICATED TO THE SUPPORT OF YOUTH INITIATIVES, HEALTH AND WELLNESS, AND OTHER CHARITABLE CAUSES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION AWARDS A NUMBER OF GRANTS TO VARIOUS ORGANIZATIONS THAT PROVIDE ASSISTANCE TO ECONOMICALLY DISADVANTAGED CHILDREN. SEVERAL GRANTS ARE AWARDED FOR MINORITY HIGHER EDUCATION ASSISTANCE DURING THE YEAR.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Tuaniga Tagovailoa Chairman | 5 | $0 | |
Vai Sikahema Member | 2 | $0 | |
Diane Tagovailoa Secretary & Treasurer | 5 | $0 | |
June Jones Member | 2 | $0 | |
Jesse Sapolu Vice Chairman | 5 | $0 |
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 | $160,549 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $160,549 |
Total Program Service Revenue | $0 |
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 | $152,191 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $312,740 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $250,528 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $31,788 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $38,852 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
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 | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $321,168 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $52,527 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $52,527 |
Accounts payable and accrued expenses | $0 |
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 | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
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 | $52,527 |
Total liabilities and net assets/fund balances | $52,527 |
Over the last fiscal year, Tua Foundation Inc has awarded $229,001 in support to 8 organizations.
Grant Recipient | Amount |
---|---|
Montgomery, AL PURPOSE: Program Service | $93,000 |
Honolulu, HI PURPOSE: Program Service | $50,000 |
Gadsden, AL PURPOSE: Program Service | $16,667 |
Honolulu, HI PURPOSE: Program Service | $16,667 |
North Miami, FL PURPOSE: Program Service | $16,667 |
Tuscaloosa, AL PURPOSE: Program Service | $13,000 |
Over the last fiscal year, we have identified 1 grants that Tua Foundation Inc has recieved totaling $1,000.
Awarding Organization | Amount |
---|---|
Ernest G & Cecil B Williams Foundation Birmingham, AL PURPOSE: FUND CHARITABLE ORGANIZATION | $1,000 |
Organization Name | Assets | Revenue |
---|---|---|
Communities In Schools Of The South Plains Lubbock, TX | $5,510,037 | $11,639,897 |
Y-Gno Finance Foundation Inc Metairie, LA | $0 | $204,000 |
Kick Drugs Out Of America Foundation Houston, TX | $3,251,630 | $6,283,893 |
Camp For All Foundation Houston, TX | $19,527,838 | $4,309,337 |
Positive Tomorrows Inc Oklahoma City, OK | $15,149,548 | $3,924,805 |
The Forest Stewards Guild Santa Fe, NM | $1,227,852 | $2,587,395 |
Saloc San Antonio, TX | $1,644,193 | $2,786,053 |
15 And The Mahomies Foundation Austin, TX | $499,179 | $1,827,786 |
Oklahoma Youth Literacy Program Oklahoma, OK | $211,616 | $1,322,175 |
Out Youth Austin Austin, TX | $1,034,077 | $1,624,599 |
Camp Loughridge An Oklahoma Not For Profit Corporation Tulsa, OK | $5,546,254 | $1,150,461 |
Foles Believe Foundation Inc Austin, TX | $7,202 | $615,088 |