Obakki Foundation Usa
- Assets
- $98.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Founding
- 02/2010
- Data as of
- 04/2024
- EIN
- 98-0644703
Organization Overview
Obakki Foundation Usa is located in null. The organization was established in 2010. According to its NTEE Classification (P12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Obakki Foundation USA 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 04/2024, Obakki Foundation USA generated $196.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (12.1%) each year. All expenses for the organization totaled $110.6k during the year ending 04/2024. As we would expect to see with falling revenues, expenses have declined by (18.5%) per year over the past 8 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
2024
Describe the Organization's Program Activity:
Part 3
PROVIDING CLEAN WATER TO THE PEOPLE OF SUDAN BY DRILLING WATER WELLS IN VILLAGES THAT HAVE NO ACCESS TO CLEAN WATER. THIS INCLUDES REPAIRING PREVIOUSLY DRILLED WATER WELLS TO ENSURE THEY OPERATE AS REQUIRED, AS WELL AS THE PURCHASE AND INSTALLATION OF SOLAR PANELS AT WATER WELLS TO POWER THE PUMPS, BRING UP WATER FROM THE GROUND, AND POWER WATER PUMPS THAT WATER THE GARDENS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Treana Peake President | 20 | $0 | |
Ryan Peake Vice President | 5 | $0 | |
Jake Wiebe Treasurer | 5 | $0 | |
Lori Simeunovic Secretary | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $196,131 |
| 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 | $196,131 |
| 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 | $14,474 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,619 |
| Total expenses | $110,583 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $98,511 |
| Other assets | $0 |
| Total assets | $98,511 |
| Total liabilities | $11,499 |
| Net assets or fund balances | $87,012 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|