Foundation Neme Inc
- Assets
- $109.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Edinburg, TX
- Founding
- 10/2014
- Data as of
- 12/2021
- EIN
- 46-5366964
Organization Overview
Foundation Neme Inc is located in Edinburg, TX. The organization was established in 2014. According to its NTEE Classification (W12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foundation Neme 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 12/2021, Foundation Neme Inc generated $55.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (23.8%) each year. All expenses for the organization totaled $2.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (54.4%) per year over the past 5 years. 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
2021
Describe the Organization's Program Activity:
Part 3
FOUNDATION NEME IS A PUBLIC CHARITY THAT IS DEDICATED TO IMPROVING SCHOOLS CONDITIONS FOR CHILDREN IN RURAL AREAS OF CAMEROON, AFRICA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Edouard Atangana President | 0 | $0 | |
Sanda Y Cabrera Secretary | 0 | $0 | |
Sandra Thomas Vice Preside | 0 | $0 | |
Adriana Rodriguez Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $55,423 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $55,423 |
| 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 | $1,539 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $634 |
| Total expenses | $2,173 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $45,883 |
| Other assets | $0 |
| Total assets | $108,965 |
| Total liabilities | $0 |
| Net assets or fund balances | $108,965 |
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