Civic Intelligence

Akarama Foundation Inc.

990 • Fiscal year 2018 • EIN 36-3163279

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 12, 2019

Organization ProfileN/A
6220 S Ingleside AvenueChicago, IL 60637

(773) 363-6220

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

68th percentile

0.25x

Higher debt load relative to assets than 68% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

87th percentile

1.24x

Higher debt load relative to revenue than 87% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

82nd percentile

27%

Higher net margin than 82% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

58th percentile

3.4%

Faster asset growth than 58% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

32nd percentile

-2.9%

Faster revenue growth than 32% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets68th percentile

Assets

Up

$1,773,033

Up $58,774 (+3.4%) from 2017

Net Assets

Up

$1,328,870

Up $95,349 (+7.7%) from 2017

Liabilities

Down

$444,163

Down $36,575 (-7.6%) from 2017

Revenue And Expenses
Liabilities / Revenue87th percentileNet Margin82nd percentile

Revenue

Down

$359,437

Down $10,724 (-2.9%) from 2017

Expenses

Down

$264,088

Down $146,677 (-36%) from 2017

Net Income

Up

$95,349

Up $135,953 (+335%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth58th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0Assets 2010: $2,396,987Liabilities 2010: $869,149Net Assets 2010: $1,527,8382010Assets 2011: $2,318,065Liabilities 2011: $858,156Net Assets 2011: $1,459,9092011Assets 2012: $2,186,924Liabilities 2012: $846,351Net Assets 2012: $1,340,5732012Assets 2013: $2,088,081Liabilities 2013: $821,362Net Assets 2013: $1,266,7192013Assets 2014: $2,014,714Liabilities 2014: $802,845Net Assets 2014: $1,211,8692014Assets 2015: $2,007,057Liabilities 2015: $783,354Net Assets 2015: $1,223,7032015Assets 2017: $1,714,259Liabilities 2017: $480,738Net Assets 2017: $1,233,5212017Assets 2018: $1,773,033Liabilities 2018: $444,163Net Assets 2018: $1,328,8702018Assets 2019: $1,613,148Liabilities 2019: $320,236Net Assets 2019: $1,292,9122019Assets 2020: $1,563,998Liabilities 2020: $298,423Net Assets 2020: $1,265,5752020Assets 2021: $1,516,656Liabilities 2021: $72,405Net Assets 2021: $1,444,2512021Assets 2022: $1,428,614Liabilities 2022: $3,588Net Assets 2022: $1,425,0262022Assets 2023: $1,422,406Liabilities 2023: $3,588Net Assets 2023: $1,418,8182023Assets 2024: $1,457,718Liabilities 2024: $3,589Net Assets 2024: $1,454,1292024

Highlighted filing

2018

Assets$1,773,033
Liabilities$444,163
Net Assets$1,328,870
Open 2018 Filing

Operations Trend

Revenue Growth32nd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$800K$600K$400K$200K$0-$200KExpenses 2010: $359,6492010Expenses 2011: $393,1872011Expenses 2012: $389,4022012Revenue 2013: $289,513Expenses 2013: $363,367Net Income 2013: -$73,8542013Revenue 2014: $275,747Expenses 2014: $330,597Net Income 2014: -$54,8502014Revenue 2015: $363,374Expenses 2015: $351,540Net Income 2015: $11,8342015Revenue 2017: $370,161Expenses 2017: $410,765Net Income 2017: -$40,6042017Revenue 2018: $359,437Expenses 2018: $264,088Net Income 2018: $95,3492018Revenue 2019: $357,564Expenses 2019: $393,522Net Income 2019: -$35,9582019Revenue 2020: $295,217Expenses 2020: $286,746Net Income 2020: $8,4712020Revenue 2021: $509,804Expenses 2021: $301,799Net Income 2021: $208,0052021Revenue 2022: $350,072Expenses 2022: $371,848Net Income 2022: -$21,7762022Revenue 2023: $406,585Expenses 2023: $473,270Net Income 2023: -$66,6852023Revenue 2024: $662,937Expenses 2024: $614,128Net Income 2024: $48,8092024

Highlighted filing

2018

Revenue$359,437
Expenses$264,088
Net Income$95,349
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 12, 2019
Return Version
2018v3.1
Gross Receipts
$483,294
Mission and Program Overview

Mission

The mission of the akarama foundation, inc. Is to promote community service through volunteerism and socially conscious activities. The goal of the foundation's programs are designed to strengthen the economic, educational, social and emotional health of our community.

To promote community service through volunteerism and socially conscious activities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,522,711$1,433,346▼ $89,365
Investments Program Related$172,411$186,199▲ $13,788
Cash and Non-Interest-Bearing Accounts$19,137$139,632▲ $120,495
Savings and Temporary Cash Investments-$13,539-
Pledges and Grants Receivable-$317-
Total Assets$1,714,259$1,773,033▲ $58,774
Liabilities
Mortgage Notes Payable Secured by Investment Property$474,255$444,163▼ $30,092
Accounts Payable and Accrued Expenses$6,483--
Total Liabilities$480,738$444,163▼ $36,575
Net Assets / Fund Balance
Unrestricted Net Assets$1,061,110$1,156,459▲ $95,349
Temporarily Rstr Net Assets$172,411$172,411→ $0
Total Net Assets Fund Balance$1,233,521$1,328,870▲ $95,349
Total Liabilities and Net Assets / Fund Balance$1,714,259$1,773,033▲ $58,774

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,412,819$1,044,670$2,457,489
Equipment$20,527$113,294$133,821
Investment Program Related Org$186,199--
Compensation and Service Providers
Top Officer Pay35th percentile

Board Members and Trustees

NameTitle
Elaine R Smith-singhPresident
Veletta L BellVice President
Carolyn F HunterAssistant Treasurer
Kimberly EcholsBuilding and Property
Ruth SlaughterCorporate & Community Relations
Denise E Gresham-knoxCorresponding Secretary
Kisha Johnson-smithFinancial Secretary
Felicia Stanton GrayHuman Resources
Shanita B AkintondeMarketing & Communications
Deborah UnderwoodParliamentarian
Kimberly CollierResource Development & Fundraising
Kimberley I EgonmwanSecretary
Michele WilliamsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$358,766
Program Service Revenue
$0
Investment Income
$627
Other Revenue
$44
All Other Contributions
$168,501
Change in Net Assets
$95,349
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$229,088
Grants and Similar Amounts Paid$35,000
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$89,365--$89,365
Grants to Domestic Individuals$35,000--$35,000
All Other Expenses$8,525--$8,525
Other Expenses$7,322--$7,322
Total Functional Expenses$264,088$0$0$264,088
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$123,857
Fundraising Gross Income$123,857
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Akarama Benefit$314,122$123,857$123,857$0
Total Events$314,122$123,857$123,857$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 7A

“The members of alpha kappa alpha sorority inc., theta omega chapter elect the members of the governing body through first nominating members and then voting on each position through a secret ballot.”

Form 990, Part VI, Section A, Line 7B

“Members vote on recommendation that are brought forward by the governing body.”

Form 990, Part VI, Section B, Line 11B

“The president and treasurer review the 990 before it is filed.”

Form 990, Part VI, Section C, Line 19

“UPON REQUEST”

Filing and Contact Details

Filer

Filer Name
Akarama Foundation Inc
EIN
36-3163279
Phone
7733636220
Address
6220 S INGLESIDE AVENUE, CHICAGO, IL 60637

Signing Officer

Name
Elaine Smith Singh
Title
President
Phone
7733636220
Signed
2019-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Elaine Smith Singh
Formed
1980
Legal Domicile
Il
Voting Board Members
66
Independent Board Members
66
Employees
0
Volunteers
0

Preparer

Firm
Odell Hicks & Company LLC
Address
180 N STETSON AVENUE, CHICAGO, IL 60601-6712
Preparer
Odell Hicks Jr
Phone
3128610113
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“There has been no changes in the process. Amended return the organization had a change in accounting functions during 2018; the records are being audited to determine if this report correctly reflects the operations for 2018. An amended return will be filed if necessary upon the completion of the audit. The return is being filed at this time to be timely.”

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4ASSISTANT TREASURER
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IRS990/Form990PartVIISectionAGrp/TitleTxt12RESOURCE DEVELOPMENT & FUNDRAISING
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IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0370161
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt095349
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd01
IRS990/SavingsAndTempCashInvstGrp/EOYAmt013539
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0358766
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0369036
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0372803
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0363146
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0275194
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01738945
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0627
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01125
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt01036
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0182
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0131
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt03101
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt044
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt017585
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt046
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0422
IRS990ScheduleA/OtherIncome170Grp/TotalAmt018097
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.91900
IRS990ScheduleA/PublicSupportPY170Pct00.88270
IRS990ScheduleA/PublicSupportTotal170Amt01617485
IRS990ScheduleA/SubstantialContributorsTotAmt0121460
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0358766
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0369036
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0372803
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0363146
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0275194
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01738945
IRS990ScheduleA/TotalSupportAmt01760143
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt01412819
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01044670
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02457489
IRS990ScheduleD/EquipmentGrp/BookValueAmt020527
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0113294
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0133821
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt0186199
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0RESTRICTED INVESTMENTS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0F
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01433346
IRS990ScheduleD/TotalBookValueProgramRltdAmt0186199
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0190265
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt0190265
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0123857
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0AKARAMA BENEFIT
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0314122
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0314122
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0123857
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0123857
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt0123857
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt0123857
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt035000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS TO ATTEND SCHOOL AND PURCHASE BOOKS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt016
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0BOOK
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0SCHOLARSHIPS ARE AWARDED BASED UPON ELIGIBILITY REQUIREMENTS (APPLICATION, TRANSCRIPTS, ETC.) AS PART OF THE SELECTION CRITERIA. SCHOLARSHIPS ARE AWARDED ONLY TO APPLICANTS WHO HAVE BEEN ACCEPTED OR ARE ATTENDING A COLLEGE OR UNIVERSITY.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MEMBERS OF ALPHA KAPPA ALPHA SORORITY INC., THETA OMEGA CHAPTER ELECT THE MEMBERS OF THE GOVERNING BODY THROUGH FIRST NOMINATING MEMBERS AND THEN VOTING ON EACH POSITION THROUGH A SECRET BALLOT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERS VOTE ON RECOMMENDATION THAT ARE BROUGHT FORWARD BY THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE PRESIDENT AND TREASURER REVIEW THE 990 BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THERE HAS BEEN NO CHANGES IN THE PROCESS. AMENDED RETURN THE ORGANIZATION HAD A CHANGE IN ACCOUNTING FUNCTIONS DURING 2018; THE RECORDS ARE BEING AUDITED TO DETERMINE IF THIS REPORT CORRECTLY REFLECTS THE OPERATIONS FOR 2018. AN AMENDED RETURN WILL BE FILED IF NECESSARY UPON THE COMPLETION OF THE AUDIT. THE RETURN IS BEING FILED AT THIS TIME TO BE TIMELY.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0IL
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0172411
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0172411
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01714259
IRS990/TotalAssetsEOYAmt01773033
IRS990/TotalAssetsGrp/BOYAmt01714259
IRS990/TotalAssetsGrp/EOYAmt01773033
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0358766
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0264088
IRS990/TotalFunctionalExpensesGrp/TotalAmt0264088
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0480738
IRS990/TotalLiabilitiesEOYAmt0444163
IRS990/TotalLiabilitiesGrp/BOYAmt0480738
IRS990/TotalLiabilitiesGrp/EOYAmt0444163
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01233521
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01328870
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0264088
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0671
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0359437
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01714259
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01773033
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01061110
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01156459
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt06220 S INGLESIDE AVENUE
IRS990/USAddress/CityNm0CHICAGO
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd060637
IRS990/VotingMembersGoverningBodyCnt066
IRS990/VotingMembersIndependentCnt066
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02020-03-31 21:24:44Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ELAINE SMITH SINGH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07733636220
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-11-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0AKARAMA FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0AKAR
ReturnHeader/Filer/EIN0363163279
ReturnHeader/Filer/PhoneNum07733636220
ReturnHeader/Filer/USAddress/AddressLine1Txt06220 S INGLESIDE AVENUE

Document Assets

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Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,773,033
Liabilities
$444,163
Net assets
$1,328,870
Revenue
$359,437
Expenses
$264,088
Net income
$95,349
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.46$0.00$1.45$0.66$0.61$0.05
2023Detailed filing. Detailed filing data is available for this year.$1.42$0.00$1.42$0.41$0.47$0.07
2022Detailed filing. Detailed filing data is available for this year.$1.43$0.00$1.43$0.35$0.37$0.02
2021Detailed filing. Detailed filing data is available for this year.$1.52$0.07$1.44$0.51$0.30$0.21
2020Detailed filing. Detailed filing data is available for this year.$1.56$0.30$1.27$0.30$0.29$0.01
2019Detailed filing. Detailed filing data is available for this year.$1.61$0.32$1.29$0.36$0.39$0.04
2018Detailed filing. Detailed filing data is available for this year.$1.77$0.44$1.33$0.36$0.26$0.10
2017Detailed filing. Detailed filing data is available for this year.$1.71$0.48$1.23$0.37$0.41$0.04
2015Detailed filing. Detailed filing data is available for this year.$2.01$0.78$1.22$0.36$0.35$0.01
2014Detailed filing. Detailed filing data is available for this year.$2.01$0.80$1.21$0.28$0.33$0.05
2013Detailed filing. Detailed filing data is available for this year.$2.09$0.82$1.27$0.29$0.36$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.19$0.85$1.34$0.39
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.32$0.86$1.46$0.39
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.40$0.87$1.53$0.36
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2018 filings • 501(c)3 • $1M-$5M nonprofits