2024-10-29T13:28:31-07:00 2023-12-31 990EZ 2023-01-01 872304704 ADAMA FOUNDATION ADAM 8186404806 895 Crestmore Pl Venice CA 90291 Elyzabeth Nagode Administrative Assistant 7472384276 2024-10-30 1 2023 2024-10-15 13:58:12Z X X X adama-foundation.org X X 125580 X 116480 0 0 0 0 0 0 0 0 0 0 0 0 0 9100 125580 100796 0 0 3349 251 0 10528 114924 10656 -18516 41150 33290 X 11546 22202 0 46800 0 0 11546 69002 30062 35712 -18516 33290 To relieve the poor, distressed, and underprivileged Refugee Relief Bakery Project (Oruchinga Refugee Camp, Uganda): establishment of an on-site, commercial-scale bakery that allows for the training and employment of 30 refugees to produce and distribute bread at no charge to 50-400 other refugees per day. Total number individual served by project in 2023 (estimated): 39,000 0 96665 Refugee Relief Community Meal Program (Oruchinga Refugee Camp, Uganda): supplementary use of bakery facility (see line 28) to produce and serve one meal per day to 25-60 bakery workers, their families, and other members of the refugee community. Total number individuals served by program in 2023 (estimated): 10,400. 0 2108 Refugee Relief Blanket Distribution Program (Oruchinga Refugee Camp, Uganda): purchase and distribution of blankets to refugee infants, children, adults, and families. Total number of individuals served by program in 2023 (estimated): 120. 0 2023 100796 Ayelet Berman Cohen Executive Director 30 0 0 0 David Cohen President 2 0 0 0 Oriya Cohen Secretary 2 0 0 0 Daniele Cohen Treasurer 2 0 0 0 Elyzabeth Nagode Administrative Assistant to the Board 2 0 0 0 0 0 0 0 0 0 0 1 32530 0 0 0 0 0 0 0 CA Lauryl Nagode 501 SW Moody - PMB 473 Cascade Locks OR 97014 7472384276 0 0 0 0 0 0 0 0 0 0 0 NONE NONE 1 X 0 0 46729 48388 116480 211597 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 46729 48388 116480 211597 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 211597 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 13573 25885 9100 48558 0 0 60302 74273 125580 260155 X Schedule A, Part III, Line 12 $39,635 total long-term, unrestricted start-up loans made by the board president through a no-interest $50,000 private line of credit established at the time of the organization's founding (schedule L attached) + $8,923 combined total short-term loans made by two contractors for program/project related expenses for which reimbursement by the organization was approved and agreed in advance. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED David Cohen President Unrestricted start-up operating costs X 39685 32530 0 1 0 32530 Schedule L, Part II Start-up loans from board president are made through a $50,000 no-interest private line of credit extended to the organization upon its founding. Form 990-EZ, Header, Line B Initial Return: for 2021 and 2022, the organization operated for tax-exempt purposes solely under the umbrella of the Lighthouse Initiative (EIN# 81-3508643) on whose 990EZ for those years all of the organization's income/expenses were reported. Form 990-EZ, Part I, Line 8 Net balance increase in draw-down from $50,000 credit line extended to organization at founding by its board president Form 990-EZ, Part I, Line 10 $18,455 direct program/project management costs (all) + $11,302 land acquisition costs (bakery project) + $35,586 construction costs (bakery project) + $31,322 production costs (bakery project) + $2,108 grocery costs (community meal program) + $2,023 supply costs (blanket distribution program) Form 990-EZ, Part I, Line 16 $4,974 marketing/promotion + $1,604 travel/meals/entertainment + $3,950 loan payments Form 990-EZ, Part I, Line 20 Other Changes in Net Assets or Fund Balances: represents a $46,000 increase in non-cash assets (cost value of bakery land purchase and building construction) less a net $5,650 increase liabilities (loans). Form 990-EZ, Part II, Line 26 $32,530 credit line loan balance due + $3,182 reimbursements due for prior year program/project expenses