Abada-Capoeira Bronx Arts Inc
- Assets
- $24.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 07/2017
- Data as of
- 12/2021
- EIN
- 81-4401281
Organization Overview
Abada-Capoeira Bronx Arts Inc is located in New York, NY. The organization was established in 2017. According to its NTEE Classification (Q21) the organization is classified as: International Cultural Exchange, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Abada-Capoeira Bronx Arts 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 12/2021, Abada-Capoeira Bronx Arts Inc generated $44.8k 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 (35.6%) each year. All expenses for the organization totaled $47.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (32.4%) 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
2021
Describe the Organization's Program Activity:
Part 3
ACBX OFFERED ONGOING PHYSICAL AND CULTURAL ARTS PROGRAMMING TO ITS STUDENTS, WHICH SERVED AS AN ESSENTIAL SOURCE OF EMOTIONAL AND WELLNESS SUPPORT FOR YOUTH AND FAMILIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Sanchez Executive Dir. | 30 | $14,000 | |
Marcelo Fagundes President | 20 | $19,508 | |
Brandon Taft Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $277 |
| Total Program Service Revenue | $44,489 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $44,766 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $35,896 |
| Professional fees and other payments to independent contractors | $1,109 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $4 |
| Other expenses | $10,926 |
| Total expenses | $47,935 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $1,964 |
| Other assets | $0 |
| Total assets | $24,688 |
| Total liabilities | $15,703 |
| Net assets or fund balances | $8,985 |