Akawee
- Assets
- $230.6k
- Revenue
- $35.3k
- Investments
- $201.9k
- Employees
- 0
- Location
- Long Beach, CA
- Founding
- 01/1972
- Data as of
- 08/2023
- EIN
- 95-2647598
Organization Overview
Akawee is located in Long Beach, CA. The organization was established in 1972. According to its NTEE Classification (T23) the organization is classified as: Private Operating 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. Akawee 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 08/2023, Akawee generated $35.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.4% each year. All expenses for the organization totaled $13.1k during the year ending 08/2023. While expenses have increased by 7.2% per year over the past 7 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE AKAWEE FOUNDATION PROVIDES GRANTS & GIFTS TO RELIGIOUS, CHARITABLE AND EDUCATIONAL ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Deborah May-Buffum Director | 0 | $0 | |
Robert Paul Maurice Vice President | 0 | $0 | |
John Timothy May Secretary | 0 | $0 | |
John Timothy May CFO | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $15,000 |
| Interest on Savings | $4 |
| Dividends & Interest | $5,573 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $14,731 |
| Capital Gain Net Income | $14,774 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $35,308 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $323 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,798 |
| Total operating and administrative expenses | $4,121 |
| Contributions, gifts, grants paid | $9,000 |
| Total expenses and disbursements | $13,121 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $28,765 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $201,867 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $230,632 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Akawee has awarded $9,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
MOLOKAI LAND TRUST PURPOSE: PROVIDE OPERATING FUNDS | $1,000 |
SONOMA LAND TRUST PURPOSE: PROVIDE OPERATING FUNDS | $1,000 |
HUI HO OLANA PURPOSE: PROVIDE OPERATING FUNDS | $1,000 |
PETALUMA RIVER PARK PURPOSE: PROVIDE OPERATING FUNDS | $1,000 |
PETALUMA PEOPLE SERVICES CENTER PURPOSE: PROVIDE OPERATING FUNDS | $5,000 |