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AKARAMA FOUNDATION INC

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Public IRS 990 nonprofit record

AKARAMA FOUNDATION INC

EIN 36-3163279 · Private Grantmaking Foundations (T20)

What they do

to PROMOTE COMMUNITY SERVICE THROUGH VOLUNTEERISM and SOCIALLY CONSCIOUS ACTIVITIES. THE GOAL of THE FOUNDATIONS PROGRAMS ARE DESIGNED to STRENGTHEN THE ECONOMIC, EDUCATIONAL, SOCIAL and EMOTIONAL HEALTH of OUR COMMUNITY.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $31.90 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders24 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

29.53%of revenue went to mission work31.9% of expenses · Program services
26.78%of revenue went to fundraising28.9% of expenses
$92.64spent for every $100 of revenueRevenue covered expenses this year.
36.33%of revenue went to management and office costs39.2% of expenses
$2.37in assets for every $1 spent this yearSome assets cannot be spent right away.
79.0%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$662,937
Mission workProgram services$195,73429.53% of revenue31.9% of expenses
ManagementOffice and general costs$240,85436.33% of revenue39.2% of expenses
FundraisingAsking for donations$177,54026.78% of revenue28.9% of expenses
Revenue left after expensesReported annual surplus$48,8097.36% of revenueShown in gray on the chart
Total expenses$614,12892.64% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails
2024CurrentExpense mix: 31.9% mission · 39.2% management · 28.9% fundraisingTotal expenses: 92.64% of revenue
2023Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 116.40% of revenue
2022Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 106.22% of revenue
2021Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 59.20% of revenue
2020Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 97.13% of revenue
2019Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 110.06% of revenue
2018Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 73.47% of revenue
2017Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 110.97% of revenue

Money in and money out

Revenue$662,937
Expenses$614,128
Annual surplus $48,809 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$195,734 · 31.9% of expenses
Management and office costs$240,854 · 39.2% of expenses
Fundraising$177,540 · 28.9% of expenses
See all reported dollar amounts
Revenue$662,937
Expenses$614,128
Assets$1,457,718
Income$662,937
Contributions$523,470
Mission work (program services)$195,734
Fundraising$177,540
Management and general$240,854
Accounting fees$14,150
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (24)

LYNNE HAIRSTONMARKETING & COMMUNICATIONS

YOLANDA BAILEYUPLIFT OUR LOCAL COMMUNITY

VYNESSA ALEXANDERTRUSTEE

TANYA WOODS ESQADVOCATE FOR SOCIAL JUSTICE

SOJOURNER CAINYYI/ACENDING YOUNG PEARL

ROCHELLE BRYANTSTRENGTHEN OUR SISTERHOOD

OUIDA DYER-BRADFORDEMPOWER OUR FAMILIES

NICOLE STEVENSFINANCIAL SECRETARY

MONICA EDWARDS JONESCORRESPONDING SECRETARY

MICHELLE PARAMOREBUILDING & PROPERTY

MICHELLE HARTONSCHOLARSHIP

MARYLN EVANSTREASURER

ANGELA TUCKERSTRENGTHEN OUR SISTERHOOD

KIMBERLY JACKSONSECRETARY

KIMBERLY COLLIERVICE PRESIDENT

KEESHA TYLERASSISTANT TREASURER

IONA CALHOUN BATISTERESOURCE DEVELOPMENT

FELICIA STANTON GRAYPRESIDENT

ERIS RUDDBUILD OUR ECONOMIC WEALTH

ELAINE SMITH-SINGHGRANTS

DOROTHY RAGSDALE TRIPLETTHUMAN RESOURCES

DENISE GRESHAM KNOXCORPORATE & COMMUNITY RELATIONS

AUDREY COOPER-STANTONPARLAMETARIAN

ANNA M HORNENHANCE OUR ENVIRONMENT

About this charity

Recognized since
January 1982
Location
6220 S INGLESIDE AVE, CHICAGO, IL 60637
County
Cook
In care of
FELICIA STANTON GRAY
Primary officer
FELICIA STANTON GRAY, PRESIDENT

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990
Tax preparer
HALL & ASSOCIATES CPAS
NTEE classification
Private Grantmaking Foundations (T20)
IRS tax category
Private Grantmaking Foundations

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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