Konis Afc Home Inc
- Assets
- $63.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Pontiac, MI
- Founding
- 11/2015
- Data as of
- 12/2023
- EIN
- 35-2281083
Organization Overview
Konis Afc Home Inc is located in Pontiac, MI. The organization was established in 2015. According to its NTEE Classification (L80) the organization is classified as: Housing Support, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Konis Afc Home 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 12/2023, Konis Afc Home Inc generated $199.6k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $183.0k during the year ending 12/2023. While expenses have increased by 0.5% per year over the past 8 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
2023
Describe the Organization's Program Activity:
Part 3
ROOM AND BOARD, TRANSPORTATION TO WORK AND OR ACTIVITIES FOR 16 RESIDENCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dereje Retta Vp-Director | 10 | $9,000 | |
Roza Tesfaye Pres-Director | 40 | $39,000 | |
Elizabeth Amene Director | 1 | $0 | |
Haddish Mehari Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $199,634 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $199,634 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $104,106 |
| Professional fees and other payments to independent contractors | $950 |
| Occupancy, rent, utilities, and maintenance | $39,174 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $38,749 |
| Total expenses | $182,979 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $50,500 |
| Other assets | $0 |
| Total assets | $63,701 |
| Total liabilities | $36,963 |
| Net assets or fund balances | $26,738 |