Akal Foundation Inc
- Assets
- $17.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Espanola, NM
- Founding
- 12/2016
- Data as of
- 12/2020
- EIN
- 81-3082771
Organization Overview
Akal Foundation Inc is located in Espanola, NM. The organization was established in 2016. According to its NTEE Classification (T30) the organization is classified as: Public 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. Akal 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3
CHARITY GOLF TOURNAMENT FROM WHICH PROCEEDS ARE DONATED TO A LOCAL NON-PROFIT ORGANIZATION THAT FEEDS OVER 500 HUNGRY SCHOOL CHILDREN A WEEK WAS POSTPONED DUE TO COVID-19 PANDEMIC. IN LIEU OF THE TOURNAMENT, A DONATION DRIVE WAS CONDUCTED TO RAISE FUNDS IN ORDER TO CONTINUE FEEDING HUNGRY CHILDREN OF THE ESPANOLA VALLEY REGION OF NORTHERN NEW MEXICO.
CHARITY GOLF TOURNAMENT FROM WHICH PROCEEDS ARE DONATED TO A LOCAL NON-PROFIT ORGANIZATION THAT FEEDS OVER 500 HUNGRY SCHOOL CHILDREN A WEEK WAS POSTPONED DUE TO COVID-19 PANDEMIC. IN LIEU OF THE TOURNAMENT, A DONATION DRIVE WAS CONDUCTED TO RAISE FUNDS IN ORDER TO CONTINUE FEEDING HUNGRY CHILDREN OF THE ESPANOLA VALLEY REGION OF NORTHERN NEW MEXICO.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Siri Chand Khalsa Secretary | 1 | $0 | |
Dev Suroop Khalsa Director | 1 | $0 | |
Sukhwinder Singh President | 1 | $0 | |
Mehtab Khalsa Assistant Tr | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $29,942 |
| 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 | $29,942 |
| 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 | $1,691 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $65,391 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $17,479 |
| Other assets | $0 |
| Total assets | $17,479 |
| Total liabilities | $0 |
| Net assets or fund balances | $17,479 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Akal Foundation Inc has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Littler Mendelson Foundation Inc Kansas City, MO PURPOSE: GENERAL SUPPORT | $5,000 |
Peer Organizations
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|---|---|---|
The Livestrong Foundation Austin, TX | $32,201,486 | $2,234,840 |
Peopleforbikes Foundation Boulder, CO | $3,836,789 | $4,747,548 |
Adopt A Platoon San Benito, TX | $2,311,218 | $7,326,430 |
Colorado Springs Health Foundation Colorado Springs, CO | $192,761,783 | $20,158,263 |
Community Clinics At Mrh Craig, CO | $2,546,314 | $4,871,469 |
Park City Community Foundation Park City, UT | $23,921,888 | $11,932,031 |
Love Family Affiliated Fund Of The Oklahoma City Community Foundation Oklahoma City, OK | $15,024,266 | $3,226,115 |
Cnm Ingenuity Incoproration Albuquerque, NM | $23,986,328 | $5,524,320 |
Pi Foundation Inc Salt Lake City, UT | $42,544,136 | $12,945,919 |
Sun Angel Foundation Inc Tempe, AZ | $37,255,454 | $9,354,798 |
Thunderbirds Charities Phoenix, AZ | $6,399,663 | $6,410,602 |
Yeshiva Of Phoenix Phoenix, AZ | $4,803,605 | $7,122,946 |