Marion Elmer Liki Reed Ii Foundation
- Assets
- $0.0
- Revenue
- $4.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Fagatogo, AS
- Founding
- Data as of
- 12/2022
- EIN
- 66-0978448
Organization Overview
Marion Elmer Liki Reed Ii Foundation is located in Fagatogo, AS. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, 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. Marion Elmer Liki Reed Ii Foundation 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, Marion Elmer Liki Reed Ii Foundation generated $4.0k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 15.5% each year . All expenses for the organization totaled $4.0k during the year ending 12/2022. While expenses have increased by 15.5% per year over the past 2 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
M.E. LIKI REED II FOUNDATION SCHOLARSHIP JUNE 2022 2 - $500 SCHOLARSHIPS TO SAMOANA HIGH SCHOOL FAGATOGO YOUTH SENIORS FOR SY 2021-2022
M.E. LIKI REED II FOUNDATION SCHOLARSHIP SEPTEMBER 2022 2 - $500 SCHOLARSHIPS TO AMERICAN SAMOA COMMUNITY COLLEGE ASCC STUDENTS ACCEPTED IN THE ASCC NURSING PROGRAM FOR SY 2021-2022
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kelly Ainuu Reed Co-Founder CEO | 0 | $0 | |
Alexsandra Reed Sesepasara Co-Founder COO | 5 | $0 | |
Manino O I Reed Co-Founder Logistics Officer | 5 | $0 | |
Taase Reed Co-Founder CFO | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $4,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| 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 | $0 |
| Total Revenue | $4,000 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $2,000 |
| Contributions, gifts, grants paid | $2,000 |
| Total expenses and disbursements | $4,000 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| 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 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Boys And Girls Club Of American Samoa Pago Pago, AS | $446,329 | $321,090 |
Lealaifuaneva Peter Reid Charitable Foundation Ltd Pago Pago, AS | $1,608,808 | $99,180 |