Civic Intelligence

Africa Future Foundation

990EZ • Fiscal year 2021 • EIN 83-4396614

Jan 01, 2021 to Dec 31, 2021 • Filed on May 14, 2022

Organization ProfileN/A
1011 Laguna TerraceFullerton, CA 92835

(714) 732-1484

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

30th percentile

-3.8%

Higher net margin than 30% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

30th percentile

-6.2%

Faster asset growth than 30% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

68th percentile

31%

Faster revenue growth than 68% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets56th percentile

Assets

Down

$82,976

Down $5,503 (-6.2%) from 2020

Net Assets

Down

$82,976

Down $5,503 (-6.2%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin30th percentile

Revenue

Up

$145,890

Up $34,640 (+31%) from 2020

Expenses

Up

$151,393

Up $105,306 (+228%) from 2020

Net Income

Down

-$5,503

Down $70,666 (-108%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth30th percentile

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

$300K$200K$100K$0Assets 2020: $88,479Liabilities 2020: $0Net Assets 2020: $88,4792020Assets 2021: $82,976Liabilities 2021: $0Net Assets 2021: $82,9762021Assets 2022: $87,370Liabilities 2022: $0Net Assets 2022: $87,3702022Assets 2023: $153,157Liabilities 2023: $0Net Assets 2023: $153,1572023Assets 2024: $204,104Liabilities 2024: $0Net Assets 2024: $204,1042024

Highlighted filing

2021

Assets$82,976
Liabilities$0
Net Assets$82,976
Open 2021 Filing

Operations Trend

Revenue Growth68th percentile

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

$600K$400K$200K$0-$200KRevenue 2020: $111,250Expenses 2020: $46,087Net Income 2020: $65,1632020Revenue 2021: $145,890Expenses 2021: $151,393Net Income 2021: -$5,5032021Revenue 2022: $145,490Expenses 2022: $141,096Net Income 2022: $4,3942022Revenue 2023: $358,743Expenses 2023: $292,956Net Income 2023: $65,7872023Revenue 2024: $591,516Expenses 2024: $540,569Net Income 2024: $50,9472024

Highlighted filing

2021

Revenue$145,890
Expenses$151,393
Net Income-$5,503
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 14, 2022
Return Version
2021v4.2
Gross Receipts
$145,890
Mission and Program Overview

Mission

Providing charitable support to africa

Program Services

DescriptionGrantsExpenses
SUPPORTING COVID-19 PROTECTIVE EQUIPMENT & MEDICAL SUPPLIES TO LOW-INCOME PEOPLE IN AFRICA AND PROVIDING GRANTS TO AFRICAN HEALTH EDUCATION SCHOOLS$142,480-
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
HONG SIK KIMCEOPT$0--
SAM JIN NASecretaryPT$0--
SAM JIN NACFOPT$0--
Filing and Contact Details

Filer

Filer Name
Africa Future Foundation
EIN
83-4396614
Address
1011 LAGUNA TERRACE, Fullerton, CA 92835

Signing Officer

Name
Sam Jin Na
Title
CFO
Signed
2022-05-14
Discuss with paid preparer
Yes

Preparer

Firm
Peter Chae CPA
Address
14752 Beach Blvd Ste 234, La Mirada, CA 90638
Preparer
Myungsik Chae
Phone
7142026991
Supplemental Narrative

Additional Explanations

Description of other revenue Part I line 8

“Description AmountVision Trip Refund 4,335”

List of grants and similar amounts paid Part I line 10

“Activity SUPPORTING COVID 19 PROTECTIVE EQUIPMENT & SUPPLY Grantee SOUTH AFRICA AFF MADAGASCARE Amount 4,690Activity SUPPORTING COVID 19 PROTECTIVE EQUIPMENT & SUPPLY Grantee SOUTH AFRICA KYUNGHOAN KIM Amount 8,790Activity SUPPORTING BUILDING OF EDUCATION FACILITY Grantee ZERA INTL COLLEGE OF HEALTH SCI Amount 100,000Activity SUPPORTING COVID 19 PROTECTIVE EQUIPMENT & SUPPLY Grantee AFF SOUTH AFRICA Amount 5,000Activity SUPPORTING COVID 19 PROTECTIVE EQUIPMENT & SUPPLY Grantee JAE SOO KIM, SOUTH AFRICA Amount 2,000Activity SUPPORTING COVID 19 PROTECTIVE EQUIPMENT & SUPPLY Grantee SEHYUN KIM, UGANDA Amount 2,000Activity PROVIDING GRANTS TO MEDICAL STUDENTS Grantee MYUNGSUNG MEDICAL COLLEGE Amount 20,000”

Description of other expenses Part I line 16

“Description AmountOffice Supply 742Vision Trip 1,742Bank Fee 360Business Travel 1,336”

Raw XML Appendix141 raw XML fields

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

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0SAM JIN NA
IRS990EZ/BooksInCareOfDetail/PhoneNum07147321484
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01011 LAGUNA TERRACE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Fullerton
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd092835
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt088479
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt082976
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0141555
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-5503
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0775
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt088479
IRS990EZ/Form990TotalAssetsGrp/EOYAmt082976
IRS990EZ/GrantsAndSimilarAmountsPaidAmt0142480
IRS990EZ/GrossReceiptsAmt0145890
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt088479
IRS990EZ/NetAssetsOrFundBalancesEOYAmt082976
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt088479
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt082976
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt25.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0HONG SIK KIM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1SAM JIN NA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2SAM JIN NA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CEO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2CFO
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt04180
IRS990EZ/OtherRevenueTotalAmt04335
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PROVIDING CHARITABLE SUPPORT TO AFRICA
IRS990EZ/PrintingPublicationsPostageAmt03958
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0SUPPORTING COVID-19 PROTECTIVE EQUIPMENT & MEDICAL SUPPLIES TO LOW-INCOME PEOPLE IN AFRICA AND PROVIDING GRANTS TO AFRICAN HEALTH EDUCATION SCHOOLS
IRS990EZ/ProgramSrvcAccomplishmentGrp/ForeignGrantsInd0X
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt0142480
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0151393
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt0145890
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0141555
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0111250
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0252805
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt04335
IRS990ScheduleA/OtherIncome509Grp/TotalAmt04335
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98310
IRS990ScheduleA/PublicSupportPY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt0252805
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0141555
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0111250
IRS990ScheduleA/Total509Grp/TotalAmt0252805
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0145890
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0111250
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0257140
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description AmountVision Trip Refund 4,335
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Activity SUPPORTING COVID 19 PROTECTIVE EQUIPMENT & SUPPLY Grantee SOUTH AFRICA AFF MADAGASCARE Amount 4,690Activity SUPPORTING COVID 19 PROTECTIVE EQUIPMENT & SUPPLY Grantee SOUTH AFRICA KYUNGHOAN KIM Amount 8,790Activity SUPPORTING BUILDING OF EDUCATION FACILITY Grantee ZERA INTL COLLEGE OF HEALTH SCI Amount 100,000Activity SUPPORTING COVID 19 PROTECTIVE EQUIPMENT & SUPPLY Grantee AFF SOUTH AFRICA Amount 5,000Activity SUPPORTING COVID 19 PROTECTIVE EQUIPMENT & SUPPLY Grantee JAE SOO KIM, SOUTH AFRICA Amount 2,000Activity SUPPORTING COVID 19 PROTECTIVE EQUIPMENT & SUPPLY Grantee SEHYUN KIM, UGANDA Amount 2,000Activity PROVIDING GRANTS TO MEDICAL STUDENTS Grantee MYUNGSUNG MEDICAL COLLEGE Amount 20,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description AmountOffice Supply 742Vision Trip 1,742Bank Fee 360Business Travel 1,336
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other revenue Part I line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1List of grants and similar amounts paid Part I line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of other expenses Part I line 16
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd000
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0SAM JIN NA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CFO
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-05-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0AFRICA FUTURE FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0AFRI
ReturnHeader/Filer/EIN0834396614
ReturnHeader/Filer/USAddress/AddressLine1Txt01011 LAGUNA TERRACE
ReturnHeader/Filer/USAddress/CityNm0Fullerton
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd092835
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Peter Chae CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt014752 Beach Blvd Ste 234
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0La Mirada
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd090638
ReturnHeader/PreparerPersonGrp/PhoneNum07142026991
ReturnHeader/PreparerPersonGrp/PreparationDt02022-05-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Myungsik Chae
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02022-05-14T15:44:53-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0SAM JIN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0NA
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$82,976
Liabilities
$0
Net assets
$82,976
Revenue
$145,890
Expenses
$151,393
Net income
-$5,503
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.04$0.00$2.04$5.92$5.41$0.51
2023Detailed filing. Detailed filing data is available for this year.$1.53$0.00$1.53$3.59$2.93$0.66
2022Detailed filing. Detailed filing data is available for this year.$0.87$0.00$0.87$1.45$1.41$0.04
2021Detailed filing. Detailed filing data is available for this year.$0.83$0.00$0.83$1.46$1.51$0.06
2020Detailed filing. Detailed filing data is available for this year.$0.88$0.00$0.88$1.11$0.46$0.65