American Agape Foundation Inc
- Assets
- $16.1m
- Revenue
- $3.0m
- Investments
- $0.0
- Employees
- 4
- Location
- San Antonio, TX
- Founding
- 01/1989
- Data as of
- 12/2020
- EIN
- 75-2249382
Organization Overview
American Agape Foundation Inc is located in San Antonio, TX. The organization was established in 1989. According to its NTEE Classification (L21) the organization is classified as: Low-Income & Subsidized Rental Housing, under the broad grouping of Housing & Shelter and related organizations. As of 12/2020, American Agape Foundation Inc employed 4 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. American Agape 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 12/2020, American Agape Foundation Inc generated $3.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (13.1%) each year. All expenses for the organization totaled $2.1m during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (6.0%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE SCHOLARSHIPS TO LOW INCOME RECIPIENTS AND SUPPORT LOW-INCOME HOUSING PROJECTS IN ARKANSAS, MISSISSIPPI, FLORIDA, LOUISIANA AND TEXAS BY PROVIDING AFFORDABLE HOUSING AND SOCIAL SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE SCHOLARSHIPS TO LOW INCOME RECIPIENTS AND SUPPORT LOW-INCOME HOUSING PROJECTS IN ARKANSAS, MISSISSIPPI, FLORIDA, LOUISIANA AND TEXAS BY PROVIDING AFFORDABLE HOUSING AND SOCIAL SERVICES.
PROVIDE SCHOLARSHIPS TO LOW INCOME RECIPIENTS AND SUPPORT LOW-INCOME HOUSING PROJECTS IN ARKANSAS, MISSISSIPPI, FLORIDA, LOUISIANA AND TEXAS BY PROVIDING AFFORDABLE HOUSING AND SOCIAL SERVICES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Shipley Secretary/di | OfficerTrustee | 1 | $0 |
David Starr President/di | OfficerTrustee | 10 | $0 |
Muthana Mohammed Attah Director | Trustee | 1 | $0 |
Joanne Woodbury Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Geofill Material Technologies Llc Construction | 12/30/17 | $627,735 |
Network Companies Consulting | 12/30/17 | $215,000 |
Acg Advocacy Legal | 12/30/17 | $120,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $2,546,512 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $7,187 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,546,512 |
| Total Program Service Revenue | $495,332 |
| Investment income | $1,821 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,043,665 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $876,353 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $122,843 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $13,020 |
| Payroll taxes | $12,500 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $132,619 |
| Fees for services: Accounting | $30,212 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $40,748 |
| Office expenses | $99,078 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $215,629 |
| Travel | $144,738 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $25,192 |
| Insurance | $32,341 |
| All other expenses | $0 |
| Total functional expenses | $2,087,242 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $133,015 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $398,298 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $15,268,727 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $38,971 |
| Net Land, buildings, and equipment | $249,765 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $16,088,776 |
| Accounts payable and accrued expenses | $115,000 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $115,000 |
| Net assets without donor restrictions | $15,973,776 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $16,088,776 |
Grants Awarded
Over the last fiscal year, American Agape Foundation Inc has awarded $1,752,706 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
San Antonio, TX PURPOSE: DEBT FORGIVENESS | $428,316 |
San Antonio, TX PURPOSE: DEBT FORGIVENESS | $428,316 |
San Antonio, TX PURPOSE: DEBT FORGIVENESS | $341,312 |
San Antonio, TX PURPOSE: DEBT FORGIVENESS | $341,312 |
San Antonio, TX PURPOSE: FUND RES RECEIPTS | $106,725 |
San Antonio, TX PURPOSE: FUND RES RECEIPTS | $106,725 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that American Agape Foundation Inc has recieved totaling $94,728.
| Awarding Organization | Amount |
|---|---|
San Antonio Food Bank Inc San Antonio, TX PURPOSE: FOOD DISTRIBUTION PROGRAM | $94,728 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Alamo Area Mutual Housing Association Inc San Antonio, TX | $51,706,215 | $15,020,368 |
Community Development Corporation Of Brownsville Inc Brownsville, TX | $63,084,439 | $14,190,282 |
Merced Housing Texas San Antonio, TX | $50,611,683 | $9,858,961 |
Trinity Affordable Housing Corporation Austin, TX | $27,521,509 | $8,167,693 |
Assisting Texas With Housing Inc Austin, TX | $21,990,420 | $4,581,783 |
Dallas Neighborhood Alliance For Habitat Dallas, TX | $1,401,689 | $4,975,573 |
Tierra Del Sol Housing Corporation Las Cruces, NM | $16,041,382 | $6,574,879 |
Louisiana Housing Assistance Corporation Alexandria, LA | $350,109 | $3,738,733 |
Affordable Community Housing Trust Edmond, OK | $6,149,448 | $2,689,134 |
Lago De Plata Inc Dallas, TX | $0 | $4,971,984 |
St Jude Inc Dallas, TX | $20,844,887 | $6,967,988 |
St Martin De Porres Inc Dallas, TX | $5,546,092 | $2,713,631 |