African Community International Inc in Indianapolis, Indiana (IN)

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African Community International Inc
Employer Identification Number (EIN)352136436
Name of OrganizationAfrican Community International Inc
In Care of NameShola Ajiboye President
Address3737 N Meridian St Ste 507, Indianapolis, IN 46208-4383
SubsectionCharitable Organization
Ruling Date09/2001
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
Tax Period12/2010
Assets$100,000 to $499,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$106,200
Amount of Income$241,334
Form 990 Revenue Amount$241,334
National Taxonomy of Exempt Entities (NTEE)Arts, Culture and Humanities: Historical Societies, Related Historical Activities

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Amount of income in 2010: $241,334 (it was $296,577 in 2009)
This organization: 

Other organizations performing similar types of work: 


Assets in 2010: $106,200 (it was $107,736 in 2009)
This organization: 

Other organizations performing similar types of work: 


Expenses in 2010: $258,513
African Community International Inc: 

Other organizations performing similar types of work: 


Income to expenses ratio in 2010: 0.9
African Community International Inc: 

Other organizations performing similar types of work: 


Grants share in income in 2010: 100.0%
African Community International Inc: 

Other organizations performing similar types of work: 


Financial snapshot ($)

Functional expenses for 2010

Support schedule

Statements Regarding Other IRS Filings and Tax Compliance (for 2010)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2010)
Total revenue$241,334
Contributions, Gifts, Grants and Other Similar Amounts$241,334
Program Service Revenue$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$0
Income from investment of tax-exempt bond proceeds$0
Net rental income$0
Net gain from sales of assets other than inventory$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2010)
Total functional expenses$258,513
Compensation of current officers, directors, trustees, and key employees$30,596
Other salaries and wages$7,194
Payroll taxes$4,915
Professional fundraising services$0
Balance Sheet (for 2010)
Total assets$106,200
Total liabilities$34,735
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$0
Total net assets or fund balances$71,465
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2010)
The organization is not a private foundation because it is:An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975
Support Schedule for Organizations Described in Section 509(a)(2) (for 2010)
2006 - 2010 Total
Total support$1,168,286
Gifts, grants, contributions, and membership fees received$1,148,382
Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose$18,826
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources and Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975$1,078
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Number of organizations performing similar types of work
District of Columbia75
North Carolina314
North Dakota45
New Hampshire118
New Jersey261
New Mexico72
New York672
Rhode Island71
South Carolina137
South Dakota40
West Virginia101
Total10,505 is not associated with, endorsed by, or sponsored by African Community International Inc and has no official or unofficial affiliation with African Community International Inc