Somali American Cultural Society Of Owatonna
- Assets
- $38.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Owatonna, MN
- Founding
- 11/2012
- Data as of
- 12/2018
- EIN
- 90-0746889
Organization Overview
Somali American Cultural Society Of Owatonna is located in Owatonna, MN. The organization was established in 2012. According to its NTEE Classification (B90) the organization is classified as: Educational Services, 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. Somali American Cultural Society Of Owatonna 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 12/2018, Somali American Cultural Society Of Owatonna generated $46.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (17.8%) each year. All expenses for the organization totaled $44.7k during the year ending 12/2018. As we would expect to see with falling revenues, expenses have declined by (13.2%) per year over the past 2 years. 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
2018
Describe the Organization's Program Activity:
Part 3
SEE SCHEDULE 0
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ibrahim Hussein Executive Director | 30 | $0 | |
Ahmed Hussein Treasurer | 5 | $0 | |
Caryn Boetel Board Of Director-Chair | 3 | $0 | |
Hindi Ali Secretary | 3 | $0 | |
Hussein Ibrahim Board Of Directors | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $46,700 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $46,700 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $15,576 |
| Professional fees and other payments to independent contractors | $150 |
| Occupancy, rent, utilities, and maintenance | $9,840 |
| Printing, publications, postage, and shipping | $859 |
| Other expenses | $18,266 |
| Total expenses | $44,691 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $38,810 |
| Other assets | $0 |
| Total assets | $38,810 |
| Total liabilities | $0 |
| Net assets or fund balances | $38,810 |