The Africa Education Initiative
- Assets
- $163.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lake Bluff, IL
- Founding
- 08/2002
- Data as of
- 12/2023
- EIN
- 36-4480351
Organization Overview
The Africa Education Initiative is located in Lake Bluff, IL. The organization was established in 2002. According to its NTEE Classification (B19) the organization is classified as: Support N.E.C., 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. Africa Education Initiative 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, Africa Education Initiative generated $36.3k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $34.7k during the year ending 12/2023. 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
GRANTS AND INTERNSHIP FOR SCIENCE STUDIES WE RECEIVED NUMEROUS APPLICATIONS FROM COUNTRIES ACROSS AFRICA AND THE UNITED STATES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chudy Nduaka President | 0.5 | $0 | |
Dr Jose Manautou Vice President | 0.5 | $0 | |
Ravi Vedula Treasurer | 0.5 | $0 | |
Adetenu Adeosun Secretary | 0.5 | $0 | |
Benjamin Kwakye JD Director | 0.5 | $0 | |
Dr Richard Riese Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $34,156 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $4,698 |
| Gain or Loss | -$2,586 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $36,268 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $34,678 |
| Total expenses | $34,678 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $163,269 |
| Other assets | $0 |
| Total assets | $163,269 |
| Total liabilities | $0 |
| Net assets or fund balances | $163,269 |