African Education Foundation
- Assets
- $122.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Kirkland, WA
- Founding
- 08/1986
- Data as of
- 12/2019
- EIN
- 91-1334531
Organization Overview
African Education Foundation is located in Kirkland, WA. The organization was established in 1986. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, 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. African Education 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 12/2019, African Education Foundation generated $5.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (70.7%) each year. All expenses for the organization totaled $32.7k during the year ending 12/2019. 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
2019
Describe the Organization's Program Activity:
Part 3
AFRICAN EDUCATION FOUNDATION PROVIDED FUNDS TO BUILD A NEW WING OF THE SCHOOL WITH 6 CLASSROOMS. THE SCHOOL HAS AN EXTREMELY HIGH PASS RATE ON THE BAC COLLEGE ENTRANCE EXAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Hague President | 3 | $0 | |
Michael Warga Vice President | 1 | $0 | |
Susan Warga Secretary/treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,640 |
| 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 | $5,640 |
| 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 | $2,400 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $295 |
| Other expenses | $0 |
| Total expenses | $32,695 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $122,487 |
| Other assets | $0 |
| Total assets | $122,487 |
| Total liabilities | $0 |
| Net assets or fund balances | $122,487 |