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Federal ID# 320241006

New American Development Center

    • New American Academy

General Information

Organization Type CHARITY
Contact Person Asad Aliweyed
Address 2304 Park Avenue, Suite 200, 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 12/31/2024

INCOME
Direct Public Support$0
Government Grants+ $1,441,733
Other Revenue+ $348,106
Total Revenue$1,789,839
EXPENSES
Amount Spent for Program or Charitable Purposes$974,593
Management/General Expense+ $608,693
Fundraising Expense+ $0
Total Expenses$1,583,286

Excess/Deficit
Total Revenue$1,789,839
Total Expenses- $1,583,286
Excess/Deficit$206,553
End of Year Fund Bal/Net Worth
Total Assets$3,468,399
Total Liabilities- $599,478
End of Year Fund Bal/Net Worth$2,868,921

Financial Information for Prior Years

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