Civic Intelligence

Ande Foundation Inc

EIN 84-5072693 • 501(c)3 • Jacksonville, FL

Profile

Our Non-Profit formation is for the purpose of raising funds in order to build 1 or more schools in the Town of Duken, Ethiopia.

1780 Chandelier Circle WestJacksonville, FL 32225
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2021

Liabilities / Revenue

62nd percentile

0.00x

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

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

Net Margin

46th percentile

0.0%

Higher net margin than 46% of similar nonprofits.

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

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

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

Asset Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2020 to 2021

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2020 to 2021

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Flat

$0

Flat from 2020

Liabilities

Flat

$0

Flat from 2020

Net Assets

Flat

$0

Flat from 2020

Operations
Liabilities / Revenue62nd percentileNet Margin46th percentile

Revenue

Up

$720

Up $720 from 2020

Expenses

Up

$720

Up $720 from 2020

Net Income

Flat

$0

Flat from 2020

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

Grouped bars show assets, liabilities, and net assets across loaded filings.

$0Assets 2020: $0Liabilities 2020: $0Net Assets 2020: $02020Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021

Highlighted filing

2021

Assets$0
Liabilities$0
Net Assets$0
Open 2021 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income by year, with the latest filing highlighted.

$800$600$400$200$0Revenue 2020: $0Expenses 2020: $0Net Income 2020: $02020Revenue 2021: $720Expenses 2021: $720Net Income 2021: $02021

Highlighted filing

2021

Revenue$720
Expenses$720
Net Income$0
Open 2021 Filing

Filings

Most recent year

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

Open filing
Assets
$0
Liabilities
$0
Net assets
$0
Revenue
$720
Expenses
$720
Net income
$0
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$0$0$0$720$720$0
2020Detailed filing. Detailed filing data is available for this year.$0$0$0$0$0$0
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Oct 6, 2022
Return Version
2021v4.2
Gross Receipts
$720
Mission and Program Overview

Mission

Our Non-Profit formation is for the purpose of raising funds in order to build 1 or more schools in the Town of Duken, Ethiopia.

Our Non-Profit formation is for the purpose of raising funds in order to build 1 or more schools in the Town of Duken, Ethiopia. Mostly due to the pandemic, we have decided to close our organization.

Balance Sheet Detail
LineBeginningEndChange
Assets
Total Assets$0$0→ $0
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$0→ $0
Total Liabilities and Net Assets / Fund Balance$0$0→ $0
Compensation and Service Providers
Top Officer Pay81st percentile

Board Members and Trustees

NameTitle
Andemichael I TesfazionPresident/Director
Alganesh T MengistuVice-President
Rebeka A JohnsSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$720
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$720
Change in Net Assets
$0
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$720
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Accounting-$492-$492
Other Expenses-$70-$70
Total Functional Expenses$0$720$0$720
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
Filing and Contact Details

Filer

Filer Name
Ande Foundation Inc
EIN
84-5072693
In Care Of
% Andemichael Tesfazion
Phone
9042941107
Address
1780 Chandelier Circle West, Jacksonville, FL 32225

Signing Officer

Name
Andemichael I Tesfazion
Title
Director
Phone
9042941107
Signed
2022-10-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Andemichael I Tesfazion
Formed
2020
Legal Domicile
Fl
Voting Board Members
3
Independent Board Members
0
Employees
0

Preparer

Preparer
Andrea L Harrison
Phone
9047315530
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 1

“There has only been one donation received from an individual in the amount of 720.00 for 2021 tax filing. We sent her a statement for her donation. At this time, we have decided to dissolve the corporation as the events of the past 2-3 years have shown that it is not a good time to establish a Foundation and the director has decided to look to retire in the future, and would not be able to run the Foundation.”

Raw XML Appendix285 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.

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
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IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice-President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Secretary
IRS990/Form990ProvidedToGvrnBodyInd0false
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IRS990/FormationYr02020
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IRS990/IRPDocumentCnt00
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IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0false
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IRS990/NetAssetsOrFundBalancesEOYAmt00
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IRS990/OccupancyGrp/TotalAmt00
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IRS990/Organization501c3Ind0X
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/Filer/EIN0845072693
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ReturnHeader/Filer/PhoneNum09042941107
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ReturnHeader/ReturnTs02022-10-06T03:21:09-00:00
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ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Tesfazion
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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