The African Cultural Exchange
- Assets
- $12.6k
- Revenue
- $370.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Laurelton, NY
- Founding
- 08/2005
- Data as of
- 12/2023
- EIN
- 95-4273940
Organization Overview
The African Cultural Exchange is located in Laurelton, NY. The organization was established in 2005. According to its NTEE Classification (Q21) the organization is classified as: International Cultural Exchange, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. African Cultural Exchange 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 12/2023, African Cultural Exchange generated $370.8k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.6% each year. All expenses for the organization totaled $359.0k during the year ending 12/2023. While expenses have increased by 7.3% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE WEST AFRICAN HEALTH CARE ASSESSMENT MISSION (WA-HCAM. THIS PROJECT IS DESIGNED AS AN INTRODUCTION TO HEALTH CARE OPERATION IN WEST AFRICA FOR U.S.-BASED HEALTH CARE WORKERS WITH A FOCUS ON PRIMARY HEALTH CARE, SICKLE CELL ANEMIA HEALTH CARE AND PUBLIC HEALTH FOR THOSE WITH A SPECIAL INTEREST IN THESE ASPECTS OF HEALTH CARE.
THE ROOTS RECORD ROAD RALY (RRRR) - IN CONJUNCTION WITH ACE PARTNER DEVELOPMENT ORGANIZATIONS, THE AIM OF THIS PROJECT IS TO COMMEMORATE THE 400TH ANNIVERSARY OF THE TRANSATLANTIC SLAVE TRADE AND TO HIGHLIGHT EFFORTS OF GRASSROOTS NON-GOVERNMENTAL ORGANIZATIONS AND THEIR DEVELOPMENT WORK IN THE REGION
AMEP - THE AFRICA MEDICAL ENRICHMENT PROGRAM - A PROGRAM DESIGNED TO ALLOW INDIVIDUAL MEDICAL STUDENTS, MEDICAL AND SURGICAL RESIDENTS AS WELL AS ALLIED HEALTH CARE STUDENTS AND PROFESSIONALS TO WORK ALONGSIDE THEIR AFRICAN COUNTERPARTS OR WITH AFRICAN PRECEPTORS TO ENHANCE THEIR MEDICAL EXPERIENCE AND TO CONTRIBUTE TO THE HEALTH CARE SYSTEMS IN AFRICA.
SENEGAMBIA CROSS-CULTURAL PROGRAM - THIS PROGRAM REPRESENTS ONE OF THE HALLMARKS OF THE ORGANIZATION'S EFFORTS TO BRIDGE THE KNOWLEDGE DIVIDE THAT EXISTS BETWEEN AMERICANS AND AFRICANS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Reginald Hughes President | 10 | $0 | |
Alieu Nyassi Vice President | 10 | $0 | |
Portia Scott-Thiam Secretary | 5 | $0 | |
Alhaji Jawneh Secretary | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $370,756 |
| 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 | $370,756 |
| 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 | $162,708 |
| Travel, conferences, and meetings | $147,117 |
| Printing and publications | $29,889 |
| Other expenses | $0 |
| Total operating and administrative expenses | $359,017 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $359,017 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,165 |
| 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 | $5,400 |
| Total assets | $12,565 |
| 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 |
Grants Awarded
Over the last fiscal year, The African Cultural Exchange has awarded -$3 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
MERCY PHYSICIAN ASSISTANTS WEST AFR PURPOSE: MEDICAL MISSION TO VILLAGE CITIZENS | -$1 |
RRRR 2020 WEST AFRICA-THE GAMBIA WE PURPOSE: CROSS-CULTURAL ROAD RALLY | -$1 |
PENYEM HEALTH CLINIC CONSTRUCTIONSU PURPOSE: SUPPORT OF VILLAGE CLINIC OPS | -$1 |