Afef Inc
- Assets
- $5.7m
- Revenue
- $4.9m
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- Data as of
- 12/2022
- EIN
- 85-3130212
Organization Overview
Afef Inc is located in New York, NY. According to its NTEE Classification (R12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Afef Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
GRANT MAKING TO QUALIFIED CHARITABLE ORGANIZATIONS
Describe the Organization's Program Activity:
Part 3 - Line 4a
COVID RELIEF-AFEF GARNERED AND DEPLOYED SUPPORT FOR DIRECT RELIEF FOR THE LESS PRIVILIGED IN INDIA OF THE PANDEMIC. GRASSROOTS RESILIENCE OWNERSHIP AND WELLNESS (GROW) FUND IS HELPING BUILD, SUPPORT AND SUSTAIN 100 SMALL & MID-SIZED ORGANIZATIONS ACROSS INDIA OVER THE NEXT 24 MONTHS COALITION FOR WOMEN EMPOWERMENT FACILITATES SOCIAL AND ECONOMIC EMPOWERMENT OF WOMEN AND GIRLS IN INDIA BY SUPPORTING INITIATIVES THAT ADDRESS GENDER- BASED VIOLENCE, ENABLE GRASSROOTS LEADERSHIP, ACCESS TO LEGAL JUSTICE, RIGHTS AND ENTITLEMENTS, AND EMPLOYMENT AND ENTREPENEURSHIP ASSISTANCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ranganathan Purushothaman President | Officer | $0 | |
Pranjul Srivastava Secretary And Director | OfficerTrustee | $0 | |
Jeffrey Heller Treasurer | Officer | $0 | |
Shailaja Akkapeddi Director | Trustee | $0 | |
Fergus Fleming Director | Trustee | $0 | |
Rajul Kadakia Director | Trustee | $0 |
Financial Statements
| 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 | $4,921,808 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,921,808 |
| Total Program Service Revenue | $0 |
| Investment income | $5,087 |
| 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 | $4,926,895 |
| 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 | $2,781,161 |
| 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 | $1,509,431 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| 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 | $4,101 |
| Total functional expenses | $4,294,693 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $5,686,253 |
| 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 | $5,686,253 |
| Accounts payable and accrued expenses | $692,305 |
| Grants payable | $1,081,230 |
| 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 | $1,773,535 |
| Net assets without donor restrictions | $47,486 |
| Net assets with donor restrictions | $3,865,232 |
| 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 | $5,686,253 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Afef Inc New York, NY | $5,686,253 | $4,926,895 |
Uniswap Foundation Brooklyn, NY | $12,380,355 | $16,438,611 |
Letter Of The Law Inc Brooklyn, NY | $7,405,753 | $1,620,734 |
Shedrub Development Fund Inc Northampton, MA | $2,522,758 | $1,885,024 |
Civil Rights Foundation Inc New York, NY | $1,981,617 | $26,033 |
See Forward Fund Inc Northampton, MA | $342,687 | $93,724 |
Onward Together Foundation New York, NY | $676,637 | $770,219 |
Nagen Project Inc Bloomfield, CT | $610,867 | $986,325 |
Club Of Madrid Foundation Inc Newton, MA | $13,176 | $276,000 |
Reframing The Future Inc Brooklyn, NY | $23,821 | $289,029 |
Delta Foundation Of Pittsburgh Inc Pittsburgh, PA | $175,410 | $264,643 |
E R I C Initiative Foundation Inc Staten Island, NY | $0 | $0 |
Padl Ltd New York, NY | $10,825 | $0 |
Kiwanis Charity Club Of Medford Inc Wakefield, MA | $14,927 | $0 |
International Ministry Marketplace Corp New York, NY | $6,209 | $30,051 |
Coalition Of Altruism Roselle, NJ | $2,825 | $3,965 |
Carey Projects Worcester, MA | $25,423 | $3,855 |
Deer Park Community Association Deer Park, NY | $14,559 | $0 |