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Africa Bags Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 208331454 ✦ Loveland, CO ✦ Designated as a 501(c)(3)

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Overview

What is Africa Bags Inc?

Africa Bags Inc is a nonprofit organization that focuses on economically empowering Malawians, especially women and girls. By promoting the sale of cloth bags, they generate funds to manufacture reusable menstruation kits for schoolgirls. This initiative not only addresses the challenge of affordability and accessibility of sanitary products for young girls, but also provides a source of income for the bag makers. The profits from the bag sales are returned to these artisans, thereby strengthening their economic standing. Africa Bags Inc contributes to the community in Malawi by addressing both health and economic needs.


Official website here: www.africabags.org

Is Africa Bags Inc legitimate?

Africa Bags Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Africa Bags Inc submitted a form 990EZ, 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.


Official website here: www.africabags.org

What is the mission statement of Africa Bags Inc?

Africa Bags Inc's mission is centered around economically empowering individuals in Malawi. The organization achieves this by raising funds to produce reusable menstruation kits for schoolgirls. These kits are then sold alongside a range of cloth bags. The revenue earned from these sales is subsequently returned to the bag makers, thus providing them with a source of income. In essence, Africa Bags Inc is dedicated to improving the lives of Malawians, particularly women and girls, by addressing their hygiene needs and supporting local artisans.


Official website here: www.africabags.org

Who is the CEO of Africa Bags Inc?

Todd Petitt is the Executive Director of Africa Bags Inc.


Official website here: www.africabags.org

What is the revenue of Africa Bags Inc?

Africa Bags Inc's revenue in 2021 was $61,064.


Official website here: www.africabags.org

Who are the executives of Africa Bags Inc and what are their salaries?


Here are 3 key members and their salaries:


Todd Petitt (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Holly Petitt (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linguist Chimaliro (Project Coodinator)
  • Compensation: $1,000
  • Related: $0
  • Other: $0


Official website here: www.africabags.org

Where can I find the form 990EZ for Africa Bags Inc?

Africa Bags Inc's most recent form 990EZ was submitted in 2021 and can be accessed here.


Official website here: www.africabags.org

Learn more at the official website: www.africabags.org

Mission Statement of Africa Bags Inc

Africa Bags Inc, a nonprofit organization, aims to economically empower individuals in Malawi by executing a two-pronged strategy. Firstly, the organization raises funds to manufacture reusable menstrual kits specifically designed for schoolgirls. This initiative not only addresses the hygiene needs of these students but also enables them to attend school without interruption due to lack of menstrual supplies.

Secondly, Africa Bags Inc sells a diverse collection of cloth bags. The profits generated from these sales are then returned to the bag makers, thereby providing them with a source of income. This model of business not only ensures the sustainability of the organization but also empowers the local community by providing them with employment opportunities. By adopting this mission, Africa Bags Inc is able to contribute positively to the lives of Malawians, particularly schoolgirls, by providing them with essential menstrual supplies and creating economic opportunities for local artisans.

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Impact




August, 2024

Africa Bags Inc has a significant impact on empowering Malawians economically. By raising funds to create reusable menstruation kits for schoolgirls and selling cloth bags, the organization not only provides essential products but also generates income for local bag makers. This sustainable model not only supports the community in Malawi but also promotes environmental consciousness through reusable products. With its focus on empowerment and sustainability, Africa Bags Inc is making a tangible difference in the lives of individuals in Malawi.




This information is meant to be a general summary of Africa Bags 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.

Revenue
$61,064 (2021)
Expenses
$47,123 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Gross Receipts: $61,064

Assets and Liabilities:

  • Total Assets: $35,237
  • Total Liabilities: $0
  • Net Assets: $35,237

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Organization Details

Principal Officer

Todd Petitt

Main Address

235 HOPKINS CT, LOVELAND, CO, 805373301

NTEE Category

Code: Q31 - International

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