Adera Foundation
- Assets
- $999.9k
- Revenue
- $814.2k
- Investments
- $0.0
- Employees
- 1
- Location
- Fort Worth, TX
- Founding
- 09/2009
- Data as of
- 12/2021
- EIN
- 26-4350780
Organization Overview
Adera Foundation is located in Fort Worth, TX. The organization was established in 2009. According to its NTEE Classification (Q32) the organization is classified as: International Economic Development, 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. Adera 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 12/2021, Adera Foundation generated $814.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.5% each year. All expenses for the organization totaled $637.0k during the year ending 12/2021. While expenses have increased by 5.5% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
ADERA FOUNDATION ASSISTS INDIVIDUALS AND ORGANIZATIONS IN IMPROVING PEOPLE'S LIVES AROUND THE WORLD BY PROVIDING RESEARCH, LOGISTICS AND ASSISTANCE IN PROJECT DEVELOPMENT AND IMPLEMENTATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROJECT FACILITATION AND RELATED MANAGEMENT OF FACILITIES IMPROVEMENTS, WOMEN'S EDUCATION PROGRAMS AND PASTORIAL TRAINING.
PROJECT FACILITATION AND RELATED MANAGEMENT OF FACILITIES IMPROVEMENTS,
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julie Miller Executive Di | Officer | 55 | $78,750 |
Hagen Haentsch President | OfficerTrustee | 2 | $0 |
Louis Hockett Controller/f | OfficerTrustee | 1 | $0 |
Clayton Luskie Vice-Preside | OfficerTrustee | 1 | $0 |
Toni Meadows Secretary | OfficerTrustee | 1 | $0 |
Caren Robertson Director | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $38,010 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $660,010 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $698,020 |
| Total Program Service Revenue | $0 |
| Investment income | $28 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $57,771 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $814,246 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $18,164 |
| Grants and other assistance to Foreign Orgs/Individuals | $377,766 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $78,750 |
| Compensation of current officers, directors, key employees. | $78,750 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,024 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $221 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $18,425 |
| Advertising and promotion | $10,661 |
| Office expenses | $31,866 |
| Information technology | $9,559 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $36,628 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,840 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,203 |
| All other expenses | $0 |
| Total functional expenses | $636,951 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $576,287 |
| Savings and temporary cash investments | $392,468 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $17,064 |
| 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 | $14,037 |
| 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 | $999,856 |
| Accounts payable and accrued expenses | $6,683 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $6,683 |
| Net assets without donor restrictions | $621,510 |
| Net assets with donor restrictions | $371,663 |
| 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 | $999,856 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Adera Foundation has recieved totaling $18,600.
| Awarding Organization | Amount |
|---|---|
Raymond James Charitable Endowment Fund St Petersberg, FL PURPOSE: GENERAL SUPPORT | $14,400 |
Cutrona Charitable Foundation Fort Worth, TX PURPOSE: PROGRAM ACTIVITY | $2,300 |
Textron Charitable Trust 540 008 Providence, RI PURPOSE: MATCHING GIFT TO CIVIC AGENCY | $1,200 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $400 |
Mckinstry Charitable Foundation Seattle, WA PURPOSE: MISCELLANEOUS: RELIGIOUS | $300 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Junior Achievement Of Southeast Texas Inc Houston, TX | $16,092,096 | $11,563,637 |
Nudge Foundation Irving, TX | $10,952,018 | $8,355,752 |
Junior Achievement Of Dallas Inc Dallas, TX | $3,649,387 | $3,439,968 |
Junior Achievement Of South Texas San Antonio, TX | $2,363,540 | $2,264,927 |
Junior Achievement Of Greater New Orleans Inc New Orleans, LA | $1,354,375 | $1,546,387 |
Global Restoration Trading Co Fayetteville, AR | $175,356 | $1,386,309 |
Women Of Pader Uganda Austin, TX | $40,594 | $1,300,165 |
Junior Achievement Of Oklahoma Inc Tulsa, OK | $3,845,764 | $1,505,086 |
Junior Achievement Of The Chisholm Trail Fort Worth, TX | $2,994,919 | $1,397,455 |
Joycorps Project Farmington, AR | $202,349 | $725,813 |
Junior Achievement Of Greater Caton Rouge & Acadianna Baton Rouge, LA | $810,119 | $835,686 |
Kinetix Global Development Corporation Albuquerque, NM | $236,646 | $690,645 |