Aqua Foundation Ltd is located in Margate, FL. The organization was established in 2006. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Aqua Foundation Ltd is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2017
Describe the Organization's Program Activity:
Part 3
PROVIDE SECONDARY AND TERTIARY EDUCATION SCHOLARSHIPS, MICRO-CAPITAL FINANCING FOR ENTREPRENEURS, TEACHER ADUCATION GRANTS, HEALTH AND HYGIENE GRANTS, PUBLIC SAFETY EQUIPMENT GRANTS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nigel Pennycooke Chairman | 2.5 | $0 | |
Barbara Pennycooke Secretary | 2.5 | $0 | |
Mona Walters Director | 2.5 | $0 | |
Michael Pennycooke Director | 2.5 | $0 | |
Cecille Pennycooke Administrator | 12.5 | $4,500 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $76,125 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $136 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $76,261 |
| 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 | $1,460 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $14,558 |
| Total expenses | $16,018 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $66,985 |
| Other assets | $0 |
| Total assets | $78,985 |
| Total liabilities | $0 |
| Net assets or fund balances | $78,985 |