Logo

Employer Identification Number 85-2565918

AKERS & AKERS FOUNDATION INC is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS

Company Name:AKERS & AKERS FOUNDATION INC
Employer identification number (EIN):85-2565918
EIN Issuing AuthorityPhiladelphia, PA
Federal tax statusExempt from federal income tax. Registered as a non-profit under 501(c)(3) Title 26 of the United States Code

Organization Overview

Mission StatementTO EDUCATE YOUNG AFRICAN AMERICAN CURRENT AND FUTURE ENTREPRENEURS TO GROW AND RUN SUSTAINABLE AND REPUTABLE BUSINESSES. WE TEACH THE PRINCIPLE OF DEVELOPING A LIFESTYLE OF ENTREPRENEURSHIP WITHOUT HAVING TO RELY ON THE STRUCTURE OF CORPORATE AMERICA. FURTHERMORE, WE BELIEVE IN FINANCIAL INDEPENDENCE; A FREEDOM THAT CAN CHANGE CYCLIC PATTERNS OF POVERTY. OUR MOTTO AS AN ORGANIZATION IS TO SUPPORT THE ENDEAVORS OF OUR RECIPIENTS ALONG WITH CELEBRATING EACH OF THEIR MILESTONES AS THEY JOURNEY THROUGH THE ROAD TO ENTREPRENEURSHIP.
Number of Employees0
Number of Volunteers0
Year Formed2020

Organization Governance

Legal DomicileCA
Voting Members - Governing Body3
Voting Members - Independent3

Organization Financials

2023-12-31
Gross receipts from all sourcesUSD $ 84,060
Net assets / fund balances at end of fiscal yearUSD $ 6,225
Net assets / fund balances at beginning of fiscal yearUSD $ 802
Contributions, Grants, Gifts etc from current yearUSD $ 84,060
Total revenueUSD $ 84,060
Grants and similar amounts paidUSD $ 75,026
Fees and other payments to independent contractorsUSD $ 3,282
Total of all other expensesUSD $ 329
Total of all expensesUSD $ 78,637
Net assets or fund balances at end of yearUSD $ 5,423
2022-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 0
Program Service Revenue from current yearUSD $ 0
Investment Income from prior yearUSD $ 0
Investment Income from current yearUSD $ 0
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 66,700
Net assets / fund balances at end of fiscal yearUSD $ 802
Net assets / fund balances at beginning of fiscal yearUSD $ 61,993
Total liabilities at end of fiscal yearUSD $ 0
Total liabilities at beginning of fiscal yearUSD $ 0
Total assets at end of fiscal yearUSD $ 802
Total assets at beginning of fiscal yearUSD $ 61,993
Revenues less expenses for current yearUSD $ -61,191
Revenues less expenses for previous yearUSD $ 60,287
Total expenses for current yearUSD $ 127,891
Total expenses for previous yearUSD $ 148,158
Other expenses in current yearUSD $ 2,957
Other expenses in previous yearUSD $ 5,058
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Employee salary and benefits paid in previous yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 124,934
Grants and similar amounts paid in previous yearUSD $ 143,100
Total revenue in current fiscal yearUSD $ 66,700
Total revenue in previous fiscal yearUSD $ 208,445
Contributions and grants from current yearUSD $ 66,700
Contributions and grants from previous yearUSD $ 208,445
2021-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 0
Program Service Revenue from current yearUSD $ 0
Investment Income from prior yearUSD $ 0
Investment Income from current yearUSD $ 0
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 208,445
Net assets / fund balances at end of fiscal yearUSD $ 61,993
Net assets / fund balances at beginning of fiscal yearUSD $ 1,706
Total liabilities at end of fiscal yearUSD $ 0
Total liabilities at beginning of fiscal yearUSD $ 0
Total assets at end of fiscal yearUSD $ 61,993
Total assets at beginning of fiscal yearUSD $ 1,706
Revenues less expenses for current yearUSD $ 60,287
Revenues less expenses for previous yearUSD $ 0
Total expenses for current yearUSD $ 148,158
Total expenses for previous yearUSD $ 0
Other expenses in current yearUSD $ 5,058
Other expenses in previous yearUSD $ 0
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Employee salary and benefits paid in previous yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 143,100
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 208,445
Total revenue in previous fiscal yearUSD $ 0
Contributions and grants from current yearUSD $ 208,445
Contributions and grants from previous yearUSD $ 0

Other Company Names associated with EIN

AKERS AND AKERS FOUNDATION INC

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 852565918

USA Mailing Address
5617 Hollywood Blvd Ste 117
Los Angeles
CA
90028
Date first seen: 2007-01-01
Date last seen: 2025-06-30
USA Mailing Address
13815 VALERIO ST
VAN NUYS
CA
91405
Date first seen: 2008-01-01
Date last seen: 2025-06-30

EIN Events

Event Date Event description
2020-12-31Form 990-N declaration of Gross Receipts Under $25,000 in tax year 2020

Nearby companies/organizations

The following companies are located in the same ZIP code areas:

Was this data useful?
If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us.

Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Copyright © Market Footprint Ltd
Contact us   Datalog Company Directory
S1 401k Lookup     VAT Lookup