Afar Foundation
- Assets
- $103.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Upland, CA
- Founding
- 07/2014
- Data as of
- 12/2021
- EIN
- 27-4507378
Organization Overview
Afar Foundation is located in Upland, CA. The organization was established in 2014. According to its NTEE Classification (Q33) the organization is classified as: International Relief, 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. Afar 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, Afar Foundation generated $79.0k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 45.9% each year . All expenses for the organization totaled $56.9k during the year ending 12/2021. While expenses have increased by 53.0% per year over the past 5 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
ORGANIZATION PURPOSE IS TO PROVIDE SCHOLARSHIPS AND GRANTS TO UNDERPRIVILEGED STUDENTS WHO ARE IN THE TOP 10 PERCENT OF THEIR CLASS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bao Tran President | 2 | $0 | |
Loc Bui CEO | 2 | $0 | |
Thach Truong Vice President | 2 | $0 | |
To Q Tran Treasurer | 2 | $0 | |
Duc Nguyen Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $79,038 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $79,038 |
| 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 | $375 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $961 |
| Other expenses | $55,534 |
| Total expenses | $56,870 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $103,925 |
| Other assets | $0 |
| Total assets | $103,925 |
| Total liabilities | $0 |
| Net assets or fund balances | $103,925 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Afar Foundation has recieved totaling $11,073.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $10,885 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $188 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Far Reaching Ministries Murrieta, CA | $21,362,367 | $12,281,756 |
Good Neighbors Usa Tustin, CA | $3,226,157 | $7,785,780 |
Ywam Ships Orange County Kailua Kona, HI | $1,414,962 | $7,142,839 |
Guara Bi Inc Las Vegas, NV | $2,785,131 | $6,283,964 |
Operation Usa Los Angeles, CA | $6,771,517 | $5,746,005 |
Onesky Berkeley, CA | $3,976,088 | $6,959,503 |
Aam Foundation Novato, CA | $35,749,865 | $24,208,517 |
Little Market Inc Santa Ana, CA | $1,421,831 | $4,304,249 |
Double Up Drive Inc Las Vegas, NV | $3,887,049 | $4,005,718 |
Youth Development Labs Inc Berkeley, CA | $425,152 | $3,582,158 |
International Christian Adoptions Temecula, CA | $3,308,589 | $4,487,608 |
Hope 4 Kids International Phoenix, AZ | $1,831,552 | $4,256,777 |