Totals
- Total revenue
- $521,094
- Total expenses
- $534,743
- Contributions and grants received
- $167,218
- Grants paid
- $75,000
- Program service revenue
- $353,876
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $45,161
- Total liabilities, end of year
- $2,473
- Net assets or fund balances, end of year
- $42,688
- Program services expenses (Part IX)
- $502,806
- Management and general expenses
- $29,931
- Fundraising expenses
- $2,006
- Program service expenses (Part III)
- $502,806
Program services were 94.0% 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.
-
1d · Related organizations
$74,520
-
1f · All other contributions, gifts and grants
$92,698
-
1g · Noncash contributions included above
$62,420
-
2a · Program service revenue: Training & Development
total $353,876 · related or exempt $353,876
-
3 · Investment income
total $0
-
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
-
8c · Net income from fundraising events
total $0
-
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 $75,000 · program services $75,000
-
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 $78,336 · program services $70,502 · management and general $7,834
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $50,000 · program services $50,000
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $27,575 · program services $26,060 · management and general $1,515
-
10 · Payroll taxes
total $10,392 · program services $9,793 · management and general $599
-
11a · Fees: management
total $7,266 · management and general $7,266
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $5,434 · management and general $5,434
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $2,426 · management and general $420 · fundraising $2,006
-
14 · Information technology
total $4,472 · management and general $4,472
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $56,123 · program services $56,123
-
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 $0
-
24a · Other expenses: Business Consulting
total $162,100 · program services $162,100
-
24b · Other expenses: Field Employee Expenses
total $53,228 · program services $53,228
-
24c · Other expenses: Meals & Hospitality
total $1,325 · management and general $1,325
-
24d · Other expenses: General Admin Expense
total $1,068 · management and general $1,068
-
24e · All other expenses
total -$2 · management and general -$2
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $172,670 · end of year $44,861
-
2 · Savings and temporary cash investments
end of year $0
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
end of year $300
-
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
-
10c · Land, buildings and equipment, net
end of year $0
-
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
end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $16,333 · end of year $2,473
-
24 · Unsecured notes and loans payable
beginning of year $100,000
-
27 · Net assets without donor restrictions
beginning of year -$87,932 · end of year $3,642
-
28 · Net assets with donor restrictions
beginning of year $144,269 · end of year $39,046
Mission and programs · 2022
Mission
Agora seeks to empower socially conscious entrepreneuers to use their passion for business to change the world by creating jobs and economic development in third world developing countries.
Activities or mission (Part I)
To change the world through business by training, mentoring, and securing financing for entrepreneurs in Africa and Asia
-
Expenses incurred by clients of Agora who are establishing businesses in third world countries. These costs include costs to train the employees of these businesses.
Expenses $502,806 · Revenue $353,876
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Ray Barreth
CEO
- Total calculated
- $78,336
- From this org
- $0
- From related orgs
- $78,336
- Other
- $0
- Hours/week
- 1
-
Philip G Lindner
Chairman
- Total calculated
- $0
- Hours/week
- 1
-
Ron Magnus
Trustee
- 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
-
Sutosh Ventures LLC
$75,000
Purchase of Building
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501c3 · Ministry Organization · CO
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 2 July 2024
- IRS schema version
- 2022v5.0
- Source object
- 202401849349301350
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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