Miko Foundation Inc
- Assets
- $89.7k
- Revenue
- $100.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Indianapolis, IN
- Founding
- Data as of
- 12/2021
- EIN
- 86-2670631
Organization Overview
Miko Foundation Inc is located in Indianapolis, IN. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. Miko 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION WAS FORMED TO PROVIDE SCHOLARSHIPS TO DESERVING STUDENTS ACROSS THE COUNTRY. THE ORGANIZATION WILL ALSO PROVIDE ENTREPRENEURIAL GRANTS FOR PEOPLE IN NEED IN MOZAMBIQUE, UGANDA, AND THE DEMOCRATIC REPUBLIC OF CONGO. THE ORGANIZATION WILL TRAVEL ONCE OR TWICE A YEAR TO THESE AREAS FOR VETTING PURPOSES.
THE MANAGEMENT AND ADMINISTRATIVE COSTS INCURRED TO OPERATE AND SUPPORT THE FOUNDATION, AND ARE NECESSARY TO CARRY OUT THE CHARITABLE PROGRAMS AND ACTIVITIES CONDUCTED BY THE FOUNDATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gadi Rwayitare Director | 1 | $0 | |
Ruby Rwayitare Treasurer | 1 | $0 | |
Davonte Allen Director | 1 | $0 | |
Samaria Warsaw Secretary | 1 | $0 | |
Sean Warsaw President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $100,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $100,000 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $5,295 |
| Total operating and administrative expenses | $10,295 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $10,295 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $89,705 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $89,705 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
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