African Students Education Fund Inc

Organization Overview

African Students Education Fund Inc is located in Miami, FL. The organization was established in 2010. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. African Students Education Fund Inc 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 12/2020, African Students Education Fund Inc generated $1.0m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 37.2% each year . All expenses for the organization totaled $622.6k during the year ending 12/2020. While expenses have increased by 7.5% per year over the past 6 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2020

Describe the Organization's Program Activity:

Part 3 - Line 4a

N/A


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Board, Officers & Key Employees

Name (title)Compensation
Erik Schmollinger
President/treasurer/director
$0
Barbara A Stiefel
V.p./ Secretary/director
$0
Justine Schmollinger
Director
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $1,001,134
Interest on Savings $0
Dividends & Interest $6
Net Rental Income$0
Net Gain on Sale of Assets $0
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $1,001,140

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