Sua Foundation Inc is located in Madison, WI. The organization was established in 2007. According to its NTEE Classification (B99) the organization is classified as: Education 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. Sua Foundation 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 06/2024, Sua Foundation Inc generated $12.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (5.1%) each year. All expenses for the organization totaled $9.5k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (5.5%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Sua Foundation Inc has awarded 23 individual grants totaling $119,568. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
UNITED METHODIST MISSION
GBUYEE COMMUNITY CLINIC PROJECT
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Darigbe Leroy Sua President | 0 | $0 | |
Thomas Weber Director | 0 | $0 | |
Sydney K R Sua Secretary | 0 | $0 | |
Graeme S T Sua Treasurer | 0 | $0 | |
Dr Rhonda Ditter Board Of Dir | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $12,250 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| 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 | $12,250 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $37 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $205 |
| Total operating and administrative expenses | $650 |
| Contributions, gifts, grants paid | $8,850 |
| Total expenses and disbursements | $9,500 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,307 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $6,023 |
| Other assets | $0 |
| Total assets | $16,330 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Over the last fiscal year, Sua Foundation Inc has awarded $8,850 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
GANTA METHODIST HOSPITAL PURPOSE: DINNER FOR HOSPITAL PATIENTS | $200 |
CUTTINGTON UNIVERSITY PURPOSE: SCHOLARSHIP & STIPEND AWARDS | $8,650 |