Somali-American Relief Organization Saro
- Assets
- $35.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Minneapolis, MN
- Founding
- 09/2008
- Data as of
- 11/2023
- EIN
- 75-3261211
Organization Overview
Somali-American Relief Organization Saro is located in Minneapolis, MN. The organization was established in 2008. According to its NTEE Classification (P84) the organization is classified as: Ethnic & Immigrant Centers, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Somali-American Relief Organization Saro 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 11/2023, Somali-American Relief Organization Saro generated $27.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (59.5%) each year. All expenses for the organization totaled $28.4k during the year ending 11/2023. As we would expect to see with falling revenues, expenses have declined by (59.2%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
TO ACTIVELY ENGAGE AND ADVOCATE FOR AFRICAN IMMIGRANTS IN THE MIDWEST THROUGH RESEARCH, ADVOCACY, AND EDUCATION, WITH THE AIM OF FOSTERING ECONOMIC PROSPERITY AND EMPOWERING COMMUN
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mahmood Afey Executive Director | 10 | $0 | |
Mahamud Gorod Chairman | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $27,382 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $27,382 |
| 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 | $6,500 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $21,880 |
| Total expenses | $28,380 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $35,622 |
| Other assets | $0 |
| Total assets | $35,622 |
| Total liabilities | $92,717 |
| Net assets or fund balances | -$57,095 |