Civic Intelligence

Aidak Foundation

990 • Fiscal year 2022 • EIN 84-2300465

Jan 01, 2022 to Dec 31, 2022 • Filed on May 01, 2023

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

58th percentile

0.00x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2022

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2022

Top Officer Pay

80th percentile

$4,800

Higher top officer pay than 80% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

84th percentile

50%

Faster asset growth than 84% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

1st percentile

-100%

Faster revenue growth than 1% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Up

$100,480

Up $33,455 (+50%) from 2021

Net Assets

Up

$100,480

Up $33,455 (+50%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue

Down

$0

Down $109,080 (-100%) from 2021

Expenses

Up

$126,443

Up $84,065 (+198%) from 2021

Net Income

Down

-$126,443

Down $193,145 (-290%) from 2021

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 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

2022

Assets$100,480
Liabilities$0
Net Assets$100,480

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 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

2022

Revenue$0
Expenses$126,443
Net Income-$126,443
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 1, 2023
Return Version
2022v5.0
Gross Receipts
$0
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, 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. The foundation is currently working on erecting a building that will be used as a training center for aspiring enterpreneurs. AIDAK received donated goods that included laptops, cell phones, printers, furniture, clothing, motor vehicle, books, household equipments, electronic gadgets, kitchen appliances, toys, medical supplies, 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 and medical centers.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$67,025$100,480▲ $33,455
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$67,025$100,480▲ $33,455
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0--
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$67,025$100,480▲ $33,455
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$67,025$100,480▲ $33,455
Total Liabilities and Net Assets / Fund Balance$67,025$100,480▲ $33,455
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Claudius Koiva ZorokongBoard MemberPT$4,800$4,800

Board Members and Trustees

NameTitle
Kadia BunduPresident
Abu Hassan KoromaVice President
Emma JasabeBoard Member
Yayah TotangiBoard Member
Mariama KoromaSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-126,443

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$80,395
Grants and Similar Amounts Paid$41,248
Salaries, Compensation, and Employee Benefits$4,800
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$55,497$0$0$55,497
Foreign Grants$41,248--$41,248
Fees for Services Other$14,952--$14,952
Travel$4,952--$4,952
Other Salaries and Wages$4,800--$4,800
Occupancy$2,718--$2,718
Office Expenses$2,117--$2,117
Advertising$159--$159
Total Functional Expenses$126,443$0$0$126,443
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
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
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Koiva Zorokong, an employee in Sierra Leone, is the nephew-in-law to the president of AIDAK.

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

A copy of the form 990 was sent to the executive members of the organization for review.

Form 990, Part VI, Section C, Line 19

AIDAK Foundation did not make its governing documents public.

Filing and Contact Details

Filer

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

Signing Officer

Name
Kadia Bundu
Title
President
Phone
3195946644
Signed
2023-05-01

Organization Details

Principal Officer
Kadia Bundu
Formed
2020
Legal Domicile
Md
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
6
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 2

The AIDAK Foundation is currently erecting a building that will be used for training purposes and hosting of volunteers visiting from abroad.

Form 990, Part IX, Line 11G

Fees for services such as moving, shipping, clearance of container, storage

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IRS990/Desc0In 2022, AIDAK Foundation provided scholarship for 10 outstanding students ranging from age 6 to 32 in Sierra Leone, paid for medical services for individuals and families, and provided monthly support struggling families.
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IRS990/MissionDesc0AIDAK 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.
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IRS990/ProgSrvcAccomActy2Grp/Desc0The AIDAK Foundation collected, shipped and distributed medical supplies to the operating theater at the Bo Government Hospital and other rural clinics in the Southern Province region of Sierra Leone. The foundation also purchased, collected, shipped and distributed household appliances, clothing, electronics, medical equipments, motor vehicle, furniture, and other items that were donated to the foundation, to individuals and families in Sierra Leone.
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IRS990/ProgSrvcAccomActy3Grp/Desc0The AIDAK Foundation provided maintained an office space and paid for occupancy in Freetown for the organization, covered travel expenses for its officers to Freetown, paid salaries for organizers in Sierra Leone, and paid for other office expenses including equipment and bills.
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0In 2022, AIDAK Foundation acquired land and started a building project to accomodate the running of the program in Sierra Leone.
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IRS990/PYInvestmentIncomeAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ProgramServicesAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt047840
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0238
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt047840
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt048078
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-126443
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt00
IRS990/RoyaltiesGrp/ProgramServicesAmt00
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt0158757
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt0109080
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt048078
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt0315915
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0174142
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0174142
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0158757
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0109080
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt048078
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0315915
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearAmt00
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IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/CurrentTaxYearMinus2YearsAmt00
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt00
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt00
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt00
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IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt00
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IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt00
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IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt011409
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt00
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt00
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IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/InvestmentIncomePYPct00
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IRS990ScheduleA/Post1975UBTIGrp/CurrentTaxYearAmt00
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IRS990ScheduleA/PrivateFoundation509Ind0X
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.30172
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct00.3513
IRS990ScheduleA/PublicSupportPY509Pct00
IRS990ScheduleA/PublicSupportTotal170Amt052542
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt0158757
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt0109080
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt048078
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt00
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IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0315915
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt00
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IRS990ScheduleA/SubstantialContributorsTotAmt0121600
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearAmt00
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IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/CurrentTaxYearAmt00
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IRS990ScheduleA/ThirtyThrPctSuprtTestsPY170Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0158757
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0109080

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