The Meleka Foundation Inc
- Assets
- $2.1m
- Revenue
- $132.2k
- Investments
- $2.1m
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 08/2017
- Data as of
- 12/2022
- EIN
- 47-2378813
Organization Overview
The Meleka Foundation Inc is located in Los Angeles, CA. The organization was established in 2017. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Meleka 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 12/2022, Meleka Foundation Inc generated $132.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (33.9%) each year. All expenses for the organization totaled $95.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2022, THE FOUNDATION CONDUCTED SEVERAL PROGRAMS IN TANZANIA. THE FOUNDATION CONTINUED TO EXPAND THE SPONSORSHIP PROGRAM FOR HADZA CHILDREN, WHICH PROVIDES QUALITY PRIVATE SCHOOL EDUCATION, HEALTHCARE, FOOD, MENTORSHIP, SPECIAL EVENTS, AND MORE YEAR-ROUND. THE FOUNDATION ALSO LAUNCHED A NEW INITIATIVE TO SUPPORT MOTHERS AND INFANTS THROUGH PREGNANCY, BIRTH, AND FIRST YEAR OF LIFE. SOME ACTIVITIES IN THIS PROGRAM INCLUDE: EMERGENCY HOSPITAL TRANSPORT, FACILITATING DOCTORS VISITS, DROPPING OFF CARE PACKAGES WITH EMERGENCY BIRTHING SUPPLIES, HELPING MONITOR AND SUPPORT FAMILIES, AND CAMP VISITATIONS WITH NURSES/MIDWIVES TO HELP ADVISE AND EDUCATE FAMILIES. THE FOUNDATION ALSO BEGAN A NEW GIRLS HEALTH PROJECT TO EMPOWER GIRLS BY NORMALIZING AND CREATING POSITIVITY AROUND WOMENS HEALTH AND IMPROVING ACCESS TO MENSTRUAL PRODUCTS. THE FOUNDATION ALSO CONTINUED TO EXPAND THE WOMENS EMPOWERMENT INITIATIVE. OTHER ACTIVITIES INCLUDED: CAMP VISITATIONS AND OUTREACH, SUPPORTING THE LOCAL PUBLIC S
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hannah Sparkman President/dir | 30 | $24,000 | |
Kevin Hindriks Sect'y/treas | 1 | $0 | |
Jy-Ah Min Director | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Bcn Management Inc | 12/30/16 | $51,000 |
Hemway Corp | 12/30/16 | $57,000 |
Patrick Colin Raterta | 12/30/16 | $53,375 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $23,530 |
| Interest on Savings | $0 |
| Dividends & Interest | $50,753 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $55,004 |
| Capital Gain Net Income | $55,004 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,914 |
| Total Revenue | $132,201 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $24,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $2,081 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $1,135 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $45,120 |
| Total operating and administrative expenses | $95,327 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $95,327 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $38,973 |
| 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 | $17,185 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,701,129 |
| Net Land, buildings, and equipment | $3,973 |
| Other assets | $11,664 |
| Total assets | $2,139,636 |
| 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 |
Grants Awarded
Over the last fiscal year, The Meleka Foundation Inc has awarded $40,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
GLOBAL GIVING FOUNDATION INC PURPOSE: GENERAL SUPPORT | $10,000 |
LIDE FOUNDATION PURPOSE: GENERAL SUPPORT | $10,000 |
AMERICAN FOUNDATION SUICIDE PREVENT PURPOSE: GENERAL SUPPORT | $10,000 |
CREATIVITY EXPLORED PURPOSE: GENERAL SUPPORT | $5,000 |
THE HELIOTROPE FOUNDATION PURPOSE: GENERAL SUPPORT | $5,000 |