Civic Intelligence

Aidak Foundation

990EZ • Fiscal year 2020 • EIN 84-2300465

Jan 01, 2020 to Dec 31, 2020 • Filed on Apr 07, 2021

4544 Windsor LnBethesda, MD 20814

(319) 594-6644

Siviq Scores

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

Liabilities / Assets

52nd percentile

0.00x

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

53rd percentile

0.00x

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

43rd percentile

1.0%

Higher net margin than 43% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2020

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2020

Assets

$323

No earlier filing loaded for comparison.

Net Assets

$323

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

$22,183

No earlier filing loaded for comparison.

Expenses

$21,960

No earlier filing loaded for comparison.

Net Income

$223

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2020: $323Liabilities 2020: $0Net Assets 2020: $3232020Assets 2020: $323Liabilities 2020: $0Net Assets 2020: $3232020Assets 2021: $67,025Liabilities 2021: $0Net Assets 2021: $67,0252021Assets 2022: $100,480Liabilities 2022: $0Net Assets 2022: $100,4802022Assets 2023: $48,010Liabilities 2023: $0Net Assets 2023: $48,0102023Assets 2024: $60,868Liabilities 2024: $0Net Assets 2024: $60,8682024

Highlighted filing

2020

Assets$323
Liabilities$0
Net Assets$323

Operations Trend

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

$200K$100K$0-$100K-$200KRevenue 2020: $48,078Expenses 2020: $47,855Net Income 2020: $2232020Revenue 2020: $22,183Expenses 2020: $21,960Net Income 2020: $2232020Revenue 2021: $109,080Expenses 2021: $42,378Net Income 2021: $66,7022021Revenue 2022: $0Expenses 2022: $126,443Net Income 2022: -$126,4432022Revenue 2023: $88,729Expenses 2023: $141,199Net Income 2023: -$52,4702023Revenue 2024: $181,092Expenses 2024: $181,092Net Income 2024: $02024

Highlighted filing

2020

Revenue$22,183
Expenses$21,960
Net Income$223
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Apr 7, 2021
Return Version
2020v4.0
Gross Receipts
$22,183
Mission and Program Overview

Mission

AIDAK Foundation provides scholarships to eligible students in Sierra Leone, grants to Small Business owners, and monthly financial support to eligible individuals and families who meet the criteria as outlined in the foundation requirement. The foundation also covers medical cost for emergency medical care for individuals and families with low or no income. AIDAK received donated goods that included laptops, cell phones, electronic gadgets, medical equipments, furniture, clothing, motor vehicle, books, household equipments, kitchen appliances, toys, and other supplies from Holy Cross Hospital, Suburban Hospital, Dr. Kadia Bundu and Mr Chinya Harleston. The monetary value to these goods totaled $32,910. All of these items were shipped to Sierra Leone and distributed among families in need, individuals receiving grants, and medical centers.

AIDAK Foundation provides scholarships to eligible students in Sierra Leone, small business loans to applicants, and monthly financial support to eligible individuals and families who meet the criteria as outlined in the foundation requirement. The foundation also covers medical cost for emergency medical care for individuals and families with low or no income. During the COVID-19 pandemic, AIDAK Foundation raised funds to purchase and provide Personal Protective Equipment (PPE) and bags of rice for the health care workers at the Bo Government Hospital in Bo, Sierra Leone.

Program Services

DescriptionGrantsExpenses
In 2020, AIDAK Foundation provided scholarship for 3 outstanding students, small business loans to 4 small business owners, medical equipment and food for health care workers at the Bo Government Hospital worth $4155, family support for 4 low income families and emergency medical expense coverage for up to 34 individuals.$0$21,960
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kadia BunduPresidentPT$0--
Abu Hassan KoromaVice President-$0--
Mariama KoromaSecretary-$0--
Emma JasabeBoard Member-$0--
George BunduBoard Member-$0--
Yayah TotangiBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Aidak
EIN
84-2300465
Phone
3195946644
Address
4544 Windsor Ln, Bethesda, MD 20814

Signing Officer

Name
Kadia Bundu
Title
President
Phone
3195946644
Signed
2021-04-07
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16

Program Expenses in Sierra Leone: 1. Covid-19 Relief for health care workers = $4155 2. Scholarships for AIDAK warriors = $5000 3. Small Business Loan for young adults = $3000 4. Medical Expense Relief for low income individuals and families = $3656 5. Monthly Meal Assistance poor families = $5484 6. Cell phones for scholarship and small business grant recipients = $650

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Program Expenses in Sierra Leone: 1. Covid-19 Relief for health care workers = $4155 2. Scholarships for AIDAK warriors = $5000 3. Small Business Loan for young adults = $3000 4. Medical Expense Relief for low income individuals and families = $3656 5. Monthly Meal Assistance poor families = $5484 6. Cell phones for scholarship and small business grant recipients = $650
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16
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ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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