WILLIE AND AIKISHA COLON FOUNDATION INC

EIN: 882237516 501(c)(3) Community Improvement

BRONX, NY

Total Revenue
$96,759
Total Expenses
$99,729
Total Assets
$746
Net Assets
$746
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Financial Trends

Organization Details

Formation Year
2023
Legal Domicile
NY
Principal Officer
AIKISHA COLON
Phone
7182496688
Tax Period
2024-01-01 to 2024-12-31

WILLIE AND AIKISHA COLON FOUNDATION INC, founded in 2023, is a micro nonprofit in the Community Improvement sector that reported $97K in total revenue in fiscal year 2024. Revenue surged 467% from the prior year, signaling strong growth momentum.

Mission

THROUGH OUR FOUR PROGRAM INITIATIVES THE FOUNDATION WORKS TO FOSTER LOCAL GROWTH AND PROSPERITY. THESE PROGRAMS UNDERSCORE OUR DEDICATION TO THE WELL BEING OF INDIVIDUALS AND OUR COLLECTIVE COMMUNITY THROUGH ECONOMIC DEVELOPMENT; EDUCATION PREPARATION; HEATH AND WELLNESS AND YOUTH SPORTS.

Program Service Accomplishments

Program 1
Expenses: $72,136 Revenue: $0

FARISH FORWARD FESTIVAL & EXPO CELEBRATES THE VIBRANT CULTURE AND CREATIVITY OF JACKSON, MISSISSIPPI, SHOWCASING LOCAL MUSIC, CULINARY ARTS, AND CREATIVE TALENTS. THIS EVENT EMBODIES OUR...

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FARISH FORWARD FESTIVAL & EXPO CELEBRATES THE VIBRANT CULTURE AND CREATIVITY OF JACKSON, MISSISSIPPI, SHOWCASING LOCAL MUSIC, CULINARY ARTS, AND CREATIVE TALENTS. THIS EVENT EMBODIES OUR ORGANIZATIONS PRINCIPLE OF COMMUNITY ENGAGEMENT BY BRINGING TOGETHER RESIDENTS, ARTISTS, AND BUSINESSES TO FOSTER A SENSE OF UNITY AND PRIDE IN OUR SHARED CULTURE HERITAGE.

Program 2
Expenses: $6,511 Revenue: $4,911

CHRISTMAS IN THE BRONX IS A HEARTFELT INITIATIVE THAT PROVIDE HOLIDAY GIFTS, MEALS, AND ESSENTIAL SUPPLIES TO FAMILIES IN NEED. THIS PROGRAM REFLECTS OUR COMMITMENT TO COMPASSION AND COMMUNITY...

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CHRISTMAS IN THE BRONX IS A HEARTFELT INITIATIVE THAT PROVIDE HOLIDAY GIFTS, MEALS, AND ESSENTIAL SUPPLIES TO FAMILIES IN NEED. THIS PROGRAM REFLECTS OUR COMMITMENT TO COMPASSION AND COMMUNITY SUPPORT, ENSURING THAT EVERY CHILD AND FAMILY IN THE BRONX CAN EXPERIENCE JOY AND TOGETHERNESS DURING THE HOLIDAY SEASON

Program 3
Expenses: $3,433 Revenue: $0

WILLIE COLON YOUTH FOOTBALL CAMP IS A FREE, HIGH-IMPACT PROGRAM DESIGNED TO EMPOWER YOUTH THROUGH ATHLETIC TRAINING, MENTORSHIP,AND CHARACTER DEVELOPMENT. ROOTED IN THE WILLIE AND AISKHA COLON...

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WILLIE COLON YOUTH FOOTBALL CAMP IS A FREE, HIGH-IMPACT PROGRAM DESIGNED TO EMPOWER YOUTH THROUGH ATHLETIC TRAINING, MENTORSHIP,AND CHARACTER DEVELOPMENT. ROOTED IN THE WILLIE AND AISKHA COLON FOUNDATIONS CORE PRINCIPLES, THE CAMP PROMOTES EDUCATION THOUGH STRUCTURED SKILL-BUILDING, REINFORCES HEALTH & WELLNESS WITH PHYSICAL ACTIVITY AND NUTRITION, AND CHAMPIONS YOUTH AS A TOOL FOR INSTILLING DISCIPLINE, TEAMWORK, AND LEADERSHIP. BY CREATING A SAFE, SUPPORTIVE ENVIRONMENT,THE CAMP NURTURES YOUNG ATHLETES IN UNDERSERVED COMMUNITIES-EQUIPPING THEM TO THRIVE ON ANF OFF THE FIELD.

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $96,759
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $96,759

Expense Breakdown

Grants Paid $90,050
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $90,050
Other Expenses $9,679
TOTAL EXPENSES $99,729

Year-over-Year Comparison

2024 2023 Change
Revenue $96,759 $17,062 +4.7%
Expenses $99,729 $16,578 +5.0%
Net Income $-2,970 $484 -7.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
6
Independent Members
6
Employees
N/A
Volunteers
125

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
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
AIKISHA COLON EXECUTIVE DIRECTOR 40.00
Director
$0 $0 $0
WILLIE COLON FOUNDER 0.00
$0 $0 $0
THOMAS MADIGAN TREASURER 0.00
$0 $0 $0
TONETTE R EARL SECRETARY 0.00
$0 $0 $0
RITA SINKFIELD BELIN BOARD MEMBER 0.00
$0 $0 $0
DR LOUIS E FIERRO JR BOARD MEMBER 0.00
$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 $96,759 $99,729 $746 $-2,970
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