Nonprofit · EIN 88-1632879
NEW AFRICA INC
Tax-exempt · ALBUQUERQUE, NM 87110
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $140,685 | $130,697 | $9,988 | $9,988 | $0 | $9,988 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $140,685
Expenses
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $4,392
- Occupancy
- $16,331
- Other expenses
- $109,974
- Program services (functional)
- $110,064
Balance sheet and other
- Total assets, start of year
- $0
- Total assets, end of year
- $9,988
- Total liabilities, end of year
- $0
- Net assets, end of year
- $9,988
- Cash, savings and investments
- $9,988
- Gross receipts
- $140,685
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-EZ for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DANIEL E GROSS | DIRECTOR | 5 | $0 |
| KIM PLYER | DIRECTOR | 5 | $0 |
| MARK COBLENTZ | DIRECTOR | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 7612 SUMMER AVE NE 7304, ALBUQUERQUE, NM 87110-7304
- Mailing address (990-N for 2023)
- 7612 Summer Avenue, Alburquerque NM 87110
- Principal officer (990-N for 2023)
- Emmanuel Nsabaanye, 7612 Summer Avenue, Alburquerque NM 87110
- Signed the 990-EZ
- EMMANUEL NSABAANYE, PRESIDENT
- Phone
- (213) 674-9869
- Website
- www.thenewafrica.org
- Return prepared by
- FIRSTPURPOSE TAX
Mission
INSPIRED BY FAITH THE NEW AFRICA SERVES AS A SPECIAL PURPOSE VEHICLE (SPV) COALITION BETWEEN ERA92 AND 92HANDS UGANDA THAT AIMS TO PROVIDE LEADERSHIP AND RESOURCES FOR CATALYTIC ACTION TO INCREASE THE NUMBER OF PEOPLE ENGAGED IN PRODUCTIVE WORK, SOLVING THE ISSUE OF UNEMPLOYMENT AND LACK OF ACCESS TO CAPITAL. WE ALSO CREATE A NEW STORY ABOUT AFRICA.
Program accomplishments
- ERA 92 ELEVATE, PROVIDES ACCESS TO SKILLS AND OPPORTUNITIES THAT UNLOCK THE POTENTIAL OF THE NEXT GENERATION, ULTIMATELY CONNECTING YOUTH TO THE LOCAL AND GOLBAL DIGITAL ECONOMYExpenses $55,990
- ERA92FUND, MOBALIZES FUNDS FROM INVESTORS AROUND THE WORLD AND MAKES IT ACCESSIBLE TO SME AND MICROENTREPRENEURS ACROSS UGANDA. WE BACK COMPANIES SOLVING OUR SOCIETIES BIGGEST CHALLENGES TO BUILD A PROSPEROUS AFRICA.Expenses $15,548
- WE ARE A GLOBAL MOVEMENT OF RADICALLY GENEROUS PEOPLE USING THEIR GOD-GIVEN GIFTS TO HELP END EXTREME POVERTY IN OUR LIFETIME.Expenses $38,526
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-N on file |
IRS record
- EIN
- 88-1632879
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2023
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B01)
- Assets (IRS master file)
- $9,988
- Income (IRS master file)
- $140,685
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2024 | $140,685 | $130,697 | $9,988 | XML |
| 990-N for 2023 Officer: Emmanuel Nsabaanye | December 31, 2023 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 88-1632879).
Questions about NEW AFRICA INC
- What is the EIN of NEW AFRICA INC?
- The employer identification number (EIN) of NEW AFRICA INC is 88-1632879.
- Is NEW AFRICA INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
- Are donations to NEW AFRICA INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NEW AFRICA INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of NEW AFRICA INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NEW AFRICA INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
- Who is the principal officer of NEW AFRICA INC?
- The 990-N for 2023 names Emmanuel Nsabaanye.
- Who are the officers and directors of NEW AFRICA INC?
- The 990-EZ for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does NEW AFRICA INC have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $140,685, expenses of $130,697 and total assets of $9,988 at year end.
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