Abundance For All Inc
- Assets
- $242.9k
- Revenue
- $675.8k
- Investments
- $0.0
- Employees
- 12
- Location
- Torrance, CA
- Founding
- 07/2014
- Data as of
- 06/2020
- EIN
- 46-1466277
Organization Overview
Abundance For All Inc is located in Torrance, CA. The organization was established in 2014. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 06/2020, Abundance For All Inc employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Abundance For All 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 06/2020, Abundance For All Inc generated $675.8k in total revenue. All expenses for the organization totaled $673.2k during the year ending 06/2020. While expenses have increased by 87.9% per year over the past 5 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
ABUNDANCE FOR ALL INC (AFAI) IS A COMPASSINATE NON-PROFIT 501 (C) 3 ORGANIZATION THAT WAS ESTABLISHED TO MITIGATE THE NEEDS OF INDIVIDUALS, FAMILIES AND THE COMMUNITY BY PROVIDING TO THE UNDERPRIVILEDGED WITH NECESSITIES THAT PROMOTES HEALTH AND ERADICATES POVERTY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AFAI IS A PREMIER PACESETTING NON-PROFIT SERVICE AGENCY COMMITTED TO SERVING THE GREATER LOS ANGELES THE HOMELESS AND THE AT RISK YOUTH POPULATION WITH THE GOAL TO PROVIDE SUPPORT, TO RESTORE AND TO REBUILD LIVES WITHIN THE COMMUNITY. AFAI IS PASSIONATE ABOUT THE PROVISION OF AND ASSISTANCE TO THE INDIVIDUALS AND FAMILIES. OUR MISSION IS FOCUSED ON EDUCATIONAL AND SKILL TRAINING PROGRAMS THAT EQUIP CLIENTS TO BECOME PRODUCTIVE, SELF-RELIANT AND SATISFIED WITH THEIR STANDARD OF LIVING. OUR PROGRAM ACTIVITIES ADDRESS SOCIAL AND ECONOMIC BARRIERS IMPACTING CLIENTS THROUGH THE PROCESS OF ASSISTING, RESTORING, REBUILDING AND CREATING AN ABUNDANCE OF OPPORTUNITIES FOR ALL
OUR OUTREACH EFFORTS INVOLVE TARGETING YOUTH/YOUNG ADULTS AND FAMILIES THROUGH STREET OUTREACH AND ATTENDING COMMUNITY EVENTS. AFAI PROGRAM STAFF AND VOLUNTEERS DISTRIBUTE INFORMATION ON REFERRAL SERVICES AND LOCAL SUPPORT GROUPS. WE MAKE ADDITIONAL ATTEMPTS TO TARGET HOMELESS YOUNG ADULTS AGES 19-27 WHO ARE EMANCIPATED AND/OR PREGNANT & PARENTING. IN ADDITION, WE TARGET SINGLE PARENT FAMILIES. OUR EDUCATIONAL PROGRAM COMPONENT TAKES SPECIAL NOTICE OF CLIENTS SPIRITUAL EMPOWERMENT. WE ARE EAGER TO TOUGH AND IGNITE THE HEART AND SOUL OF EVERYONE THAT WE COME IN CONTACT WITH. OTHER ADDITIONAL PROGRAM ACTIVITIES INCLUDE CONDUCTING YOUTH DEVELOPMENT/LIFE SKILLS ACTIVITIES, TRAININGS, REFERRALS AND OTHER SERVICES FOR PROGRAM PARTICIPANTS.COMMUNITY EVENTS ARE AN IDEAL LOCATION TO TARGET CLIENTS IN NEED OF AFAI SERVICES. WE REGULARLY HOST VENDOR BOOTHS TO SHARE PROGRAM INFORMATION AND REFERRALS. WHENEVER POSSIBLE, WE MAKE ESSENTIAL TOILETRIES, DONATED ARTICLES OF CLOTHI
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Fred Ojei Chairman | Trustee | 40 | $0 |
Okey Nwachie Deputy Chairman | Trustee | 40 | $0 |
Deb Caiazza Director | Trustee | 40 | $0 |
Nelson L Lee Director | Trustee | 40 | $0 |
Mberi Ndukwe Director | Trustee | 40 | $0 |
Calista Ukeje Director | Trustee | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $675,750 |
| 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 | $675,750 |
| Statement of Expenses | |
|---|---|
| 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. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $615,000 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $30,970 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $18,000 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,000 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,875 |
| Insurance | $1,350 |
| All other expenses | $0 |
| Total functional expenses | $673,195 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,310 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $25,700 |
| Accounts receivable, net | $33,400 |
| 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 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $130,225 |
| Total assets | $242,885 |
| Accounts payable and accrued expenses | $92,975 |
| 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 | $0 |
| Secured mortgages and notes payable | $55,680 |
| Unsecured mortgages and notes payable | $85,000 |
| Other liabilities | $0 |
| Total liabilities | $233,655 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $9,230 |