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Federal ID# 320241006

New American Development Center

    • New American Academy

General Information

Organization Type CHARITY
Contact Person Asad Aliweyed
Address 2614 Nicollet Avenue South, Suite 207, Minneapolis, MN 55408-
Phone Number (612) 823-0180
Purpose or Description To enhance and upgrade the education for the minority/immigrant families and children, develop leadership skills fore the youth, and finally close the academic achievement gap.
Status Active
Extension None

Financial Information

For Fiscal Year Ending 12/31/2023

INCOME
Direct Public Support$0
Government Grants+ $637,742
Other Revenue+ $1,427
Total Revenue$639,169
EXPENSES
Amount Spent for Program or Charitable Purposes$739,822
Management/General Expense+ $271,060
Fundraising Expense+ $0
Total Expenses$1,010,335

Excess/Deficit
Total Revenue$639,169
Total Expenses- $1,010,335
Excess/Deficit$-371,166
End of Year Fund Bal/Net Worth
Total Assets$3,606,546
Total Liabilities- $875,394
End of Year Fund Bal/Net Worth$2,731,152

Financial Information for Prior Years

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