Amanfoo North America Prempeh Endowment Fund is located in Montgomery, TX. The organization was established in 2018. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Amanfoo North America Prempeh Endowment Fund 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, Amanfoo North America Prempeh Endowment Fund generated $141.9k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $74.2k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
INITIATED REFURBISHMENT OF DINING HALL FURNITURE FOR THE COLLEGE
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Samuel Borquaye President | 1 | $0 | |
Kwadwo Osei Akoto Secretary | 1 | $0 | |
Joseph Kittah Director | 1 | $0 | |
Richmond Kyei Fordjour Treasurer | 1 | $0 | |
Vernon Darko Director | 1 | $0 | |
Daniel Owusu Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $13,467 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $128,400 |
Other Revenue | $0 |
Total Revenue | $141,867 |
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 | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $74,234 |
Total expenses | $74,234 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $386,470 |
Other assets | $0 |
Total assets | $386,470 |
Total liabilities | $0 |
Net assets or fund balances | $386,470 |