Advancement Of Globally Appropriate Technology And Education
- Assets
- $716.5k
- Revenue
- $223.4k
- Investments
- $403.1k
- Employees
- 0
- Location
- Richland, WA
- Founding
- 12/2015
- Data as of
- 12/2021
- EIN
- 47-2594398
Organization Overview
Advancement Of Globally Appropriate Technology And Education is located in Richland, WA. The organization was established in 2015. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Advancement Of Globally Appropriate Technology And Education 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, Advancement Of Globally Appropriate Technology And Education generated $223.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $80.5k during the year ending 12/2021. While expenses have increased by 4.8% per year over the past 7 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
CREATE, MAINTAIN, AND EXPAND FREE EDUCATIONAL MATERIALS AVAILABLE FOR USE IN IMPROVING INFORMAL AND FORMAL EDUCATION AT ALL LEVELS AND THROUGHOUT THE WORLD. SEE HTTP://IAE-PEDIA.ORG/
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Russell Moursund President | 20 | $0 | |
Sonia Moursund Vice Preside | 20 | $0 | |
Natalie Moursund Secretary | 4 | $0 | |
Annalisa Mourund Treasurer | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $190,810 |
| Interest on Savings | $15 |
| Dividends & Interest | $14,667 |
| 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 | $17,870 |
| Total Revenue | $223,362 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $122 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $4,236 |
| Printing and publications | $0 |
| Other expenses | $4,773 |
| Total operating and administrative expenses | $80,531 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $80,531 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $41,233 |
| Savings and temporary cash investments | $272,125 |
| 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 | $0 |
| Other assets | $0 |
| Total assets | $716,495 |
| 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 Recieved
Over the last fiscal year, we have identified 1 grants that Advancement Of Globally Appropriate Technology And Education has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Richard P Haugland Foundation Seattle, WA PURPOSE: FOSTERING THE ADVANCEMENT OF GLOBALLY APPROPRIATE TECHNOLOGY AND EDUCATION | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Greg Carr Foundation Inc Idaho Falls, ID | $40,032,587 | $6,894,106 |
The Russell Family Foundation Gig Harbor, WA | $102,077,149 | $6,093,203 |
Mckenzie River Gathering Foundation Portland, OR | $17,520,565 | $8,839,824 |
Gary E Milgard Family Foundation - Mark Tacoma, WA | $117,467,534 | $7,345,386 |
The Sarkowsky Family Charitable Foundation Seattle, WA | $565,957 | $3,012,734 |
David And Amy Fulton Foundation Seattle, WA | $63,197,245 | $1,065,965 |
Ronald W Naito Md Foundation Portland, OR | $42,239,889 | $5,436,826 |
Helen E Snedden Foundation Fairbanks, AK | $8,832,360 | $5,012,483 |
The Renaissance Foundation Lake Oswego, OR | $17,519,986 | $2,588,304 |
Sahsen Foundation Seattle, WA | $120,057,207 | $11,828,075 |
Vatheuer Family Foundation Inc Hobart, WA | $0 | $3,733,677 |
Crystal Spring Foundation Seattle, WA | $0 | $2,197,015 |