Overview
What is Ande Foundation Inc?
Ande Foundation Inc is a nonprofit organization established with the goal of raising funds to construct one or more schools in Duken, Ethiopia. Despite the challenges posed by the pandemic, they managed to receive a single contribution of $720 during their 2021 tax filing period. Regrettably, due to current circumstances, they have decided to cease their activities and close the foundation, with their director planning for retirement. Despite its closure, Ande Foundation Inc remains committed to its initial mission of improving educational opportunities in Duken, Ethiopia.
Is Ande Foundation Inc legitimate?
Ande Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ande Foundation 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
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What is the mission statement of Ande Foundation Inc?
The mission of Ande Foundation Inc, as stated in its formation, was to raise funds with the goal of constructing one or more schools in an Ethiopian town named Duken. However, due to the impact of the pandemic, the foundation decided to suspend its operations and close, as it deemed this not an opportune time for building schools in a foreign country. The foundation had only managed to receive one contribution during the 2021 tax year filing period, in the amount of 720.00. The director, having considered the circumstances, opted to consider retirement.
Who is the CEO of Ande Foundation Inc?
Andemichael I Tesfazion is the President/Director of Ande Foundation Inc.
What is the revenue of Ande Foundation Inc?
Ande Foundation Inc's revenue in 2021 was $720.
Who are the executives of Ande Foundation Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Ande Foundation Inc?
Ande Foundation Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Ande Foundation Inc
Ande Foundation Inc, a non-profit organization, was established with the primary mission of raising funds to construct one or more schools in Duken, Ethiopia. Despite facing challenges due to the pandemic, the foundation made an initial effort to collect contributions during the 2021 tax year filing period. However, it only received a single check amounting to 720 USD. Ultimately, recognizing the unfavorable circumstances for building schools in a foreign country, Ande Foundation Inc decided to cease operations and its director opted for retirement.
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Impact
October, 2024
Ande Foundation Inc aimed to make a significant impact by raising funds to build schools in Duken, Ethiopia. The organization sought to address educational needs in the community, providing a foundation for learning and growth. While their efforts were hampered by the challenges posed by the pandemic, including limited fundraising activity, they did receive a contribution that indicated some support for their mission. Ultimately, the decision to close the organization was influenced by these ongoing challenges and a shift in focus by the director toward retirement. Although the foundation is no longer active, its initial goal highlighted the importance of educational access in underserved areas.
This information is meant to be a general summary of Ande Foundation 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 2021.
- Gross Receipts: $720
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Founding Year
2020
Phone
(904) 294-1107Principal Officer
Andemichael I Tesfazion
Main Address
1780 Chandelier Circle West, Jacksonville, FL, 32225
NTEE Category
Code: Z99 - Unknown
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