Overview
What is Akola Project Inc?
Akola Project Inc, located in Dallas, Texas, is a dedicated nonprofit organization that empowers marginalized women globally, enabling them to lift their families out of extreme poverty. Akola achieves this mission by providing vocational training, dependable job opportunities, and holistic support programs. By equipping over 500 women with resources and skills, Akola acts as a catalyst for entire communities to develop economically. As a pioneer in the luxury space, Akola leverages its entire value chain to create social impact. Ethically sourced raw materials with social impact, products manufactured by Akola clients earning a living wage, a distribution center run as a second-chance job program for women, and reinvestment of product sales into the organization's growth – these are the key components of Akola's impactful business model. With just two employees, Akola is making a significant impact on women's lives and communities worldwide.
Official website here: www.akolaproject.org
Is Akola Project Inc legitimate?
Akola Project Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Akola Project Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.akolaproject.org
What is the mission statement of Akola Project Inc?
Akola Project Inc's mission is centered around empowering women, primarily from marginalized communities worldwide. By providing vocational training and reliable job opportunities, the organization aims to transform these women into agents of change for their families and communities. Akola further supports these women with holistic programs, helping them to uplift their families out of extreme poverty. As a pioneer in the luxury space, Akola leverages its entire value chain to create social impact. Ethically sourced materials, products manufactured by Akola clients, and sales reinvested into the mission, all contribute to Akola's goal of growing its impact and providing more opportunities for women globally.
Official website here: www.akolaproject.org
Who is the CEO of Akola Project Inc?
Sheeba Philip is the Ceo of Akola Project Inc. The CEO's salary of Akola Project Inc is $0 and their total compensation is $249,543.
Official website here: www.akolaproject.org
What is the revenue of Akola Project Inc?
Akola Project Inc's revenue in 2020 was -$24,092.
Official website here: www.akolaproject.org
Who are the executives of Akola Project Inc and what are their salaries?
There are 2 employees and 2 volunteers at Akola Project Inc.
Here are 6 key members and their salaries (Akola Project Inc's CEO's salary is $0 and their total compensation is $249,543):
- Compensation: $0
- Related: $249,543
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.akolaproject.org
Where can I find the form 990 for Akola Project Inc?
Akola Project Inc's most recent form 990 was submitted in 2020 and can be accessed here.
Official website here: www.akolaproject.org
Learn more at the official website: www.akolaproject.org
Mission Statement of Akola Project Inc
Akola Project Inc, a nonprofit organization, is dedicated to empowering women to become agents of transformation in their families and communities through economic development. To achieve this mission, Akola provides vocational training, reliable job opportunities, and supplemental, holistic programs for marginalized women worldwide. By equipping over 500 women with resources and skills, Akola helps lift families out of extreme poverty and sparks economic growth in entire communities.
As a pioneer in the luxury space, Akola leverages its value chain to create social impact. From ethically sourced raw materials with social impact to manufacturing opportunities that offer living wages, Akola ensures that every step of its production process contributes positively to the lives of its clients. The finished goods are inventoried and distributed through Akola's distribution center, which operates as a second-chance job program for women. Ultimately, the sales of Akola products are reinvested in the organization to expand its reach and provide more opportunities for women globally.
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Impact
October, 2024
The Akola Project Inc. significantly impacts communities globally by empowering women through economic development initiatives. By providing on-the-job vocational training and dependable work opportunities, Akola equips over 500 marginalized women with essential resources and skills, enabling them to uplift their families from extreme poverty.
Through its operation as a full impact brand in the luxury space, Akola integrates ethical sourcing and production practices. Each product is created by women who earn a living wage, promoting their financial independence while supporting their families and communities. Furthermore, the organization runs a distribution center that operates as a second-chance job program, offering additional employment opportunities for women.
The sales generated from Akola products are reinvested back into the mission, ensuring sustainable growth and the continuation of valuable programs. This holistic approach not only transforms individual lives but also fosters economic development in entire communities, establishing Akola as a catalyst for change on a global scale.
This information is meant to be a general summary of Akola Project Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2020.
- Gross Receipts: $31,955
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Founding Year
2006
Phone
(214) 310-0964Principal Officer
Sheeba Philip
Main Address
411 N AKARD ST, DALLAS, TX, 75201
Website
www.akolaproject.orgNTEE Category
Code: Q30 - International
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