AIDAK

EIN: 842300465 501(c)(3) International Affairs

Bethesda, MD

Total Revenue
$181,092
Total Expenses
$181,092
Total Assets
$60,868
Net Assets
$60,868
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
MD
Principal Officer
Kadia Bundu
Phone
2407715308
Tax Period
2024-01-01 to 2024-12-31

AIDAK, founded in 2020, is a small nonprofit in the International Affairs sector that reported $181K in total revenue in fiscal year 2024. Revenue surged 104% from the prior year, signaling strong growth momentum.

Mission

AIDAK Foundation provides scholarships to eligible students in Sierra Leone, grants to Small Business owners, and monthly financial support to eligible individuals and families who meet the criteria as outlined in the foundation requirement. The foundation also covers medical cost for emergency medical care for individuals and families with low or no income. The foundation is currently working on erecting a building that will be used as a training center for aspiring enterpreneurs. AIDAK received donated goods that included laptops, cell phones, printers, furniture, clothing, books, household equipment, electronic gadgets, kitchen appliances, toys, medical supplies, and other supplies from friends, church organizations, work colleagues, Dr. Kadia Bundu and Mr Chinya Harleston. The monetary value to these goods totaled $21,010. All of these items were shipped to Sierra Leone and distributed among families in need, individuals and medical centers.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $181,092
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $181,092

Expense Breakdown

Grants Paid $59,000
Salaries & Benefits $2,678
Fundraising Expenses $0
Program Expenses $181,092
Other Expenses $119,414
TOTAL EXPENSES $181,092

Year-over-Year Comparison

2024 2023 Change
Revenue $181,092 $88,729 +1.0%
Expenses $181,092 $141,199 +0.3%
Net Income $0 $-52,470 -1.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
4
Independent Members
2
Employees
N/A
Volunteers
6

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
0
$0
Total Directors
5
$0
Key Employees
1
$2,678
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Claudius Koiva Zorokong Board Member 15
Key Emp
$0 $2,678 $2,678
Mariama Koroma Secretary 1
Director
$0 $0 $0
Emma Jasabe Board Member 2
Director
$0 $0 $0
Yayah Totangi Board Member 10
Director
$0 $0 $0
Abu Hassan Koroma Vice President 2
Director
$0 $0 $0
Kadia Bundu President 25
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $181,092 $181,092 $60,868 No data
2022 No data $126,443 $100,480 No data
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