Totals
- Total revenue
- $1,088,311
- Total expenses
- $962,290
- Contributions and grants received
- $526,054
- Grants paid
- $0
- Program service revenue
- $147,496
- Investment income
- $21
- Other revenue
- $414,740
- Total assets, end of year
- $1,443,875
- Total liabilities, end of year
- $9,419
- Net assets or fund balances, end of year
- $1,434,456
- Program services expenses (Part IX)
- $728,679
- Management and general expenses
- $150,110
- Fundraising expenses
- $83,501
- Program service expenses (Part III)
- $728,679
Program services were 75.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$7,440
-
1f · All other contributions, gifts and grants
$518,614
-
1g · Noncash contributions included above
$309,390
-
2a · Program service revenue: After School Academy
total $22,283 · related or exempt $22,283
-
2b · Program service revenue: Community Program
total $74,525 · related or exempt $74,525
-
2c · Program service revenue: Scholarships & Stipends
total $50,688 · related or exempt $50,688
-
3 · Investment income
total $21 · excluded $21
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8a · Fundraising events: gross income
$433,696
-
8a · Fundraising events: contributions included on line 1c
$7,440
-
8b · Fundraising events: direct expenses
$18,956
-
8c · Net income from fundraising events
total $414,740 · excluded $281,928
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $15,000 · management and general $15,000
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $266,055 · program services $177,405 · management and general $34,689 · fundraising $53,961
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $0
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $6,833 · management and general $6,833
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $6,250 · management and general $250 · fundraising $6,000
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $4,648 · management and general $4,648
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $4,525 · fundraising $4,525
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $4,549 · management and general $4,549
-
24a · Other expenses: Scholarship
total $165,383 · program services $165,383
-
24b · Other expenses: Community Outreach Program Exp
total $107,161 · program services $107,161
-
24c · Other expenses: Gift in kind
total $70,593 · program services $70,593
-
24d · Other expenses: After scholl Academy
total $69,247 · program services $69,247
-
24e · All other expenses
total $242,046 · program services $138,890 · management and general $84,141 · fundraising $19,015
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $184,193 · end of year $238,146
-
2 · Savings and temporary cash investments
beginning of year $100,477 · end of year $150,498
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
end of year $0
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
end of year $0
-
10a · Land, buildings and equipment: cost or other basis
$737,294
-
10c · Land, buildings and equipment, net
beginning of year $737,294 · end of year $737,294
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
beginning of year $236,471 · end of year $317,937
-
17 · Accounts payable and accrued expenses
end of year $9,419
-
27 · Net assets without donor restrictions
beginning of year $1,258,435 · end of year $1,374,796
-
28 · Net assets with donor restrictions
end of year $59,660
Mission and programs · 2023
Mission
To provide opportunity for youth of Nigerian through education and programs that create a sustaiable future for youth and their communities.
-
After School Academy continue to do well in school and move on to the next grade level. Provide launch youth and their families. We continued to develop our programs and curriculum to meet the needs of our kids. Our Youth Center was fully operational for the first time. Funds to support programs and program staff, staff development, shipping and storage of donated items for the children from the U.S. Others include funds to support daily programs. Over 94% of our kids moved to the next grade level and over 50,000 meals served in 2023.
Expenses $381,779 · Revenue $22,283
-
Community Empowerment Programs- Our Entrepreneur Empowerment Program continues to provide resources and support for 250 entrepreurs. We opened our very first entrepreneur hub in Nigeria. Ran youth basketball and empowerment camps, for 400 youth, vbs to the community, provided foor over the Christmas season, took teams from the U.S. to share expertise with Nigerian team as well. We supported the IDP camp with food supplies while they find new life since being attached by Boko Haram.We provided holiday giving support by feeding 800 families for two weeks over the holidays.
Expenses $181,517
-
Scholarship programs for Nigerian and U.S. Scholars. Scholarships for 60+ youth in Nigeria to continue their university education. Students studying in the U.S. continued to recieve supports. We held our first workforce development workshop to help prepare our scholars for the workforce. Our kids in Nigeria and the U.S. contunue to excel in their chosen fields of study.
Expenses $165,383
As filed on the 2023 return.
Listed in Part VII
-
Andrew Lovedale
President
- Total calculated
- $15,000
- From this org
- $15,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 60
-
King Mawhinney
Chairman
- Total calculated
- $0
- Hours/week
- 0
-
Rebekah Sosa
Board member
- Total calculated
- $0
- Hours/week
- 0
-
Joseph Sharp
Board Member
- Total calculated
- $0
- Hours/week
- 0
-
Keiran Llaneza
Board Member
- Total calculated
- $0
- Hours/week
- 0
-
Kristina Phillips
Board Member
- Total calculated
- $0
- Hours/week
- 0
-
Jason Sneed
Board Member
- Total calculated
- $0
- Hours/week
- 0
-
Kayode Tadese
Board Member
- Total calculated
- $0
- Hours/week
- 0
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 26 July 2024
- IRS schema version
- 2023v5.1
- Source object
- 202422089349301357
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