Adei Foundation Inc
- Assets
- $115.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Palo Alto, CA
- Founding
- 03/2019
- Data as of
- 12/2020
- EIN
- 82-2627894
Organization Overview
Adei Foundation Inc is located in Palo Alto, CA. The organization was established in 2019. According to its NTEE Classification (Q30) the organization is classified as: International Development, 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. Adei 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
WE DRIVE SOCIO-ECONOMIC DEVELOPMENT IN CTE DIVOIRE THROUGH TECHNOLOGY BY FOSTERING OPPORTUNITIES FOR ENTREPRENEURS, TALENT AND INNOVATION. WE ADDRESS THE TWO MAIN CHALLENGES FACED BY TECH-FOCUSED START-UPS: ACCESS TO CAPITAL AND A QUALIFIED TALENT POOL. WHILE WE FOCUS ON HIGH-POTENTIAL TALENTS AND VENTURES AS WELL AS INVEST LONG TERM IN DEVELOPING PROFESSIONAL SKILLS, EARLY-STAGE ENTREPRENEURS, AND START-UPS AT ALL STAGES OF THEIR GROWTH
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Odomitchi Anikpo President | 0 | $53,735 | |
Christos Kritikos Secretary | 0 | $0 | |
Kobenan Dassie CFO | 0 | $0 | |
Mary Rauner Trustee | 0 | $0 | |
Yusuf Bashir Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $86,378 |
| 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 | $67,682 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $82,981 |
| Professional fees and other payments to independent contractors | $300 |
| Occupancy, rent, utilities, and maintenance | $34,707 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $32,496 |
| Total expenses | $150,484 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $105,888 |
| Other assets | $0 |
| Total assets | $115,015 |
| Total liabilities | $189,373 |
| Net assets or fund balances | -$74,358 |