Naafa Inc
- Assets
- $158.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Circle Pines, MN
- Founding
- 03/2001
- Data as of
- 06/2023
- EIN
- 41-1690649
Organization Overview
Naafa Inc is located in Circle Pines, MN. The organization was established in 2001. According to its NTEE Classification (J03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Naafa Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 06/2023, Naafa Inc generated $68.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (4.0%) each year. All expenses for the organization totaled $76.7k during the year ending 06/2023. 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 |
|---|---|---|---|
Harriet Stahl Treasurer | 0.25 | $0 | |
Buddy Cox President | 0.15 | $0 | |
Ron Rogers Acting Secre | 0.15 | $0 | |
Mark Hill Vice Preside | 0.15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $62,656 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $835 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $4,800 |
| Total Revenue | $68,291 |
| 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 | $40,223 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $9,713 |
| Other expenses | $26,744 |
| Total expenses | $76,680 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $158,441 |
| Other assets | $0 |
| Total assets | $158,441 |
| Total liabilities | $39,125 |
| Net assets or fund balances | $119,316 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Minnesota Indian Gaming Association Minneapolis, MN | $18,367 | $404,837 |
New Industry Association Of South Dakota Pierre, SD | $55,350 | $0 |
Northern Wi Asbestos Workers Joint Apprenticeship Fund Appleton, WI | $210,090 | $0 |
Naafa Inc Circle Pines, MN | $158,441 | $0 |
Minneapolis Professional Employees Association Minneapolis, MN | $1,163,820 | $216,168 |
American Society For Training And Development Cottage Grove, WI | $76,068 | $0 |
North Dakota Floral Association Mandan, ND | $15,149 | $0 |
Minnesota Career Development Association Minneapolis, MN | $65,040 | $0 |
Federal Judicial Assistants Association Madison, WI | $55,532 | $0 |