Hekab Be Biblioteca, operating under the name Akumal Cultural Foundation, is located in Newport Beach, CA. The organization was established in 2008. According to its NTEE Classification (B70) the organization is classified as: Libraries, 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. Akumal Cultural 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 12/2023, Akumal Cultural Foundation generated $88.9k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 17.9% each year . All expenses for the organization totaled $50.5k during the year ending 12/2023. While expenses have increased by 15.1% per year over the past 9 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
HEKAB BE PROMOTES LITERACY AND LEARNING OPPORTUNITIES AMONG CHILDREN AND ADULTS IN QUINTANA ROO, MEXICO, IN ORDER TO MEET THEIR EDUCATIONAL GOALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUR 2023 FOCUS WAS ON COMPLETING THE RENOVATIONS OF OUR FACILITIES AND GROUNDS WHICH ARE NEARLY 40 YEARS OLD. THIS HAS RESULTED IN A SAFER AND MORE ROBUST LEARNING ENVIRONMENT FOR THE CHILDREN AND FAMILIES OF MAYA DESCENT LIVING IN AKUMAL PUEBLO. WE LAUNCHED OUR FIRST GIVINGTUESDAY CAMPAIGN IN 2021 WHICH RESULTED IN NEW DONORS AND REACTIVATION OF DORMANT DONORS. IT HELPED TO GENERATE REVENUE TO COVER MORE THAN 50 OF OUR 2023 OPERATING COSTS. WE CONTINUED THE GIVINGTUESDAY EFFORT IN 2023 AND AGAIN RAISED MORE THAN 50 OF OUR OPERATING COSTS FOR 2024.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jennifer Ensley Smith President | Trustee | 17 | $0 |
Kathleen Ensley Secretary | Trustee | 2 | $0 |
Kelly Maher Treasurer | Trustee | 12 | $0 |
Marti Johnston Board | Trustee | 12 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $88,479 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $88,479 |
Total Program Service Revenue | $0 |
Investment income | $434 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $88,913 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $42,013 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $7,435 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $469 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $50,453 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $118,709 |
Savings and temporary cash investments | $8,010 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $126,719 |
Accounts payable and accrued expenses | $0 |
Grants payable | $64,066 |
Deferred revenue | $2,600 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $66,666 |
Net assets without donor restrictions | -$4,013 |
Net assets with donor restrictions | $64,066 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $126,719 |