Amachi Inc
- Assets
- $1.2k
- Revenue
- $46.7k
- Investments
- $0.0
- Employees
- 3
- Location
- Philadelphia, PA
- Founding
- 05/2012
- Data as of
- 12/2018
- EIN
- 45-2924203
Organization Overview
Amachi Inc is located in Philadelphia, PA. The organization was established in 2012. According to its NTEE Classification (P99) the organization is classified as: Human Services N.E.C., under the broad grouping of Human Services and related organizations. As of 12/2018, Amachi Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Amachi 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 12/2018, Amachi Inc generated $46.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (45.8%) each year. All expenses for the organization totaled $105.7k during the year ending 12/2018. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2018
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE MENTORING TO CHILDREN OF INCARCERATED PARENTS THROUGH SECULAR AND FAITH-BASED MINISTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE MENTORING TO CHILDREN OF INCARCERATED PARENTS THROUGH SECULAR AND FAITH-BASED MINISTRY.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $5,000 |
| Government grants | $36,156 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,535 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $46,691 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $46,691 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $33,425 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $15,125 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $16,378 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,993 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,700 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,126 |
| Advertising and promotion | $0 |
| Office expenses | $3,528 |
| Information technology | $988 |
| Royalties | $0 |
| Occupancy | $8,400 |
| Travel | $835 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,015 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $146 |
| Insurance | $0 |
| All other expenses | $208 |
| Total functional expenses | $105,731 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $389 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $750 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $73 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,212 |
| Accounts payable and accrued expenses | $55,397 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $1,250 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $5,826 |
| Total liabilities | $62,473 |
| Unrestricted restricted net Assets | -$67,121 |
| Temporarily restricted net Assets | $5,860 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | -$61,261 |
Grants Awarded
Over the last fiscal year, Amachi Inc has awarded $354,530 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
VIP MENTORING INC PURPOSE: PROGRAM SUPPORT | $50,860 |
BIG BROTHERS BIG SISTERS PURPOSE: PROGRAM SUPPORT | $77,641 |
PIMA PREVENTION PARTNERSHIP PURPOSE: PROGRAM SUPPORT | $44,830 |
BIG BROTHERS BIG SISTERS PURPOSE: PROGRAM SUPPORT | $123,490 |
CAROLINA HUMAN REINVESTMENT PURPOSE: PROGRAM SUPPORT | $57,709 |