Akala Family Foundation
- Assets
- $38.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cologne, MN
- Founding
- Data as of
- 12/2021
- EIN
- 84-3968240
Organization Overview
Akala Family Foundation is located in Cologne, MN. According to its NTEE Classification (Q32) the organization is classified as: International Economic 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. Akala Family Foundation 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, Akala Family Foundation generated $82.7k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 22.4% each year . All expenses for the organization totaled $60.5k during the year ending 12/2021. While expenses have increased by 24.4% per year over the past 2 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mallory Raymond Vice President | 5 | $0 | |
Julie Cink President Elect | 15 | $0 | |
Meghan Stordahl Secretary | 2 | $0 | |
Cody Scyhma Trustee | 1 | $0 | |
Father Brian Oestreich President | 20 | $0 | |
Sydney Wittnebel Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $72,561 |
| Total Program Service Revenue | $10,150 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $82,711 |
| 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 | $1,200 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $59,344 |
| Total expenses | $60,544 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $38,221 |
| Other assets | $0 |
| Total assets | $38,221 |
| Total liabilities | $0 |
| Net assets or fund balances | $38,221 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Akala Family Foundation has recieved totaling $5,225.
| Awarding Organization | Amount |
|---|---|
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $5,225 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Junior Achievement Usa St Paul, MN | $19,332,308 | $5,393,334 |
Junior Achievement Of Wisconsin Inc Milwaukee, WI | $25,670,610 | $3,770,604 |
Junior Achievement Of Central Iowa Inc Des Moines, IA | $3,628,464 | $1,407,118 |
Junior Achievement Of South Dakota Sioux Falls, SD | $2,346,273 | $1,147,709 |
Ten Thousand Village Iowa City Iowa City, IA | $212,664 | $387,465 |
We International Inc Madison, WI | $73,452 | $263,240 |
Farms International Inc Knife River, MN | $102,008 | $204,951 |
All Seasons Community Services Kenyon, MN | $640,403 | $188,925 |
Circle Of Empowerment Inc Grafton, WI | $86,752 | $0 |
Et-Cetera Shoppe Inc Freeman, SD | $152,368 | $0 |
Akala Family Foundation Cologne, MN | $38,221 | $0 |
Rural Haiti Development Inc Decorah, IA | $155,394 | $0 |