Abrace Inc - Brazilian Association Of Culture And Education
- Assets
- $120.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mclean, VA
- Founding
- 08/2010
- Data as of
- 08/2023
- EIN
- 27-0419710
Organization Overview
Abrace Inc - Brazilian Association Of Culture And Education is located in Mclean, VA. The organization was established in 2010. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Abrace Inc - Brazilian Association Of Culture And Education 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 08/2023, Abrace Inc - Brazilian Association Of Culture And Education generated $168.5k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $146.2k during the year ending 08/2023. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniela Gumprich Delfino Silva Executive Director | 25 | $36,000 | |
Rita Roque Schmith School Director | 16 | $11,110 | |
Daniel P Jones Chairman Board Member | 2 | $0 | |
Marcio Silveira Treasurer Board Member | 2 | $0 | |
Cristina Carvalho Secretary Board Member | 2 | $0 | |
Natalia Speer Officer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $51,293 |
| Total Program Service Revenue | $117,176 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $168,469 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $103,915 |
| Occupancy, rent, utilities, and maintenance | $23,384 |
| Printing, publications, postage, and shipping | $658 |
| Other expenses | $18,269 |
| Total expenses | $146,226 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $114,576 |
| Other assets | $0 |
| Total assets | $120,687 |
| Total liabilities | $68,041 |
| Net assets or fund balances | $52,646 |