Nonprofit · EIN 36-3163279
AKARAMA FOUNDATION INC
Tax-exempt · CHICAGO, IL 60637
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $706,378 | $616,780 | $89,598 | $1,462,689 | $4,154 | $1,458,535 |
| December 31, 2024 | 990 | $662,937 | $614,128 | $48,809 | $1,457,718 | $3,589 | $1,454,129 |
| December 31, 2023 | 990 | $406,585 | $473,270 | -$66,685 | $1,422,406 | $3,588 | $1,418,818 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $586,364
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $120,014
Expenses
- Grants and similar amounts paid
- $51,605
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $6,680
- Program services (functional)
- $284,913
- Management and general (functional)
- $214,087
- Fundraising (functional)
- $117,780
Balance sheet and other
- Total assets, start of year
- $1,457,718
- Total assets, end of year
- $1,462,689
- Total liabilities, end of year
- $4,154
- Net assets, end of year
- $1,458,535
- Land, buildings and equipment
- $788,488
- Net assets without donor restrictions
- $1,485,432
- Net assets with donor restrictions
- -$26,897
- Gross receipts
- $706,378
- Employees
- 0
- Volunteers
- 300
- Year formed
- 1980
- State of legal domicile
- IL
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 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| FELICIA STANTON GRAY | PRESIDENT Trustee or director | 2 | $0 |
| KIMBERLY COLLIER | VICE PRESIDENT Trustee or director | 2 | $0 |
| KIMBERLY JACKSON | SECRETARY Trustee or director | 2 | $0 |
| MARYLN EVANS | TREASURER Trustee or director | 2 | $0 |
| KEESHA TYLER | ASSISTANT TREASURER Trustee or director | 2 | $0 |
| MONICA EDWARDS JONES | CORRESPONDING SECRETARY Trustee or director | 2 | $0 |
| NICOLE STEVENS | FINANCIAL SECRETARY Trustee or director | 2 | $0 |
| AUDREY COOPER-STANTON | PARLAMETARIAN Trustee or director | 2 | $0 |
| DENISE GRESHAM KNOX | CORPORATE & COMMUNITY RELATIONS Trustee or director | 2 | $0 |
| ELAINE SMITH-SINGH | GRANTS Trustee or director | 2 | $0 |
| DOROTHY RAGSDALE TRIPLETT | HUMAN RESOURCES Trustee or director | 2 | $0 |
| LYNNE HAIRSTON | MARKETING & COMMUNICATIONS Trustee or director | 2 | $0 |
| IONA CALHOUN BATISTE | RESOURCE DEVELOPMENT Trustee or director | 2 | $0 |
| MICHELLE PARAMORE | BUILDING & PROPERTY Trustee or director | 2 | $0 |
| ROCHELLE BRYANT | STRENGTHEN OUR SISTERHOOD Trustee or director | 2 | $0 |
9 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ANGELA TUCKER | STRENGTHEN OUR SISTERHOOD Trustee or director | 2 | $0 |
| OUIDA DYER-BRADFORD | EMPOWER OUR FAMILIES Trustee or director | 2 | $0 |
| ERIS RUDD | BUILD OUR ECONOMIC WEALTH Trustee or director | 2 | $0 |
| ANNA M HORN | ENHANCE OUR ENVIRONMENT Trustee or director | 2 | $0 |
| TANYA WOODS ESQ | ADVOCATE FOR SOCIAL JUSTICE Trustee or director | 2 | $0 |
| MICHELLE HARTON | SCHOLARSHIP Trustee or director | 2 | $0 |
| SOJOURNER CAIN | YYI/ACENDING YOUNG PEARL Trustee or director | 2 | $0 |
| YOLANDA BAILEY | UPLIFT OUR LOCAL COMMUNITY Trustee or director | 2 | $0 |
| VYNESSA ALEXANDER | TRUSTEE Trustee or director | 2 | $0 |
990 for the year ended December 31, 2024: 24 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| FELICIA STANTON GRAY | PRESIDENT Trustee or director | 2 | $0 |
| KIMBERLY COLLIER | VICE PRESIDENT Trustee or director | 2 | $0 |
| KIMBERLY JACKSON | SECRETARY Trustee or director | 2 | $0 |
| MARYLN EVANS | TREASURER Trustee or director | 2 | $0 |
| KEESHA TYLER | ASSISTANT TREASURER Trustee or director | 2 | $0 |
| MONICA EDWARDS JONES | CORRESPONDING SECRETARY Trustee or director | 2 | $0 |
| NICOLE STEVENS | FINANCIAL SECRETARY Trustee or director | 2 | $0 |
| AUDREY COOPER-STANTON | PARLAMETARIAN Trustee or director | 2 | $0 |
| DENISE GRESHAM KNOX | CORPORATE & COMMUNITY RELATIONS Trustee or director | 2 | $0 |
| ELAINE SMITH-SINGH | GRANTS Trustee or director | 2 | $0 |
| DOROTHY RAGSDALE TRIPLETT | HUMAN RESOURCES Trustee or director | 2 | $0 |
| LYNNE HAIRSTON | MARKETING & COMMUNICATIONS Trustee or director | 2 | $0 |
| IONA CALHOUN BATISTE | RESOURCE DEVELOPMENT Trustee or director | 2 | $0 |
| MICHELLE PARAMORE | BUILDING & PROPERTY Trustee or director | 2 | $0 |
| ROCHELLE BRYANT | STRENGTHEN OUR SISTERHOOD Trustee or director | 2 | $0 |
| ANGELA TUCKER | STRENGTHEN OUR SISTERHOOD Trustee or director | 2 | $0 |
| OUIDA DYER-BRADFORD | EMPOWER OUR FAMILIES Trustee or director | 2 | $0 |
| ERIS RUDD | BUILD OUR ECONOMIC WEALTH Trustee or director | 2 | $0 |
| ANNA M HORN | ENHANCE OUR ENVIRONMENT Trustee or director | 2 | $0 |
| TANYA WOODS ESQ | ADVOCATE FOR SOCIAL JUSTICE Trustee or director | 2 | $0 |
| MICHELLE HARTON | SCHOLARSHIP Trustee or director | 2 | $0 |
| SOJOURNER CAIN | YYI/ACENDING YOUNG PEARL Trustee or director | 2 | $0 |
| YOLANDA BAILEY | UPLIFT OUR LOCAL COMMUNITY Trustee or director | 2 | $0 |
| VYNESSA ALEXANDER | TRUSTEE Trustee or director | 2 | $0 |
990 for the year ended December 31, 2023: 24 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KIMBERELY IRENE EGONMWAN | TRUSTEE Trustee or director | 2 | $0 |
| FELICIA STANTON GRAY | PRESIDENT Trustee or director | 2 | $0 |
| JANIE F COOPER | SECRETARY Trustee or director | 2 | $0 |
| TAMIKO SCOTT | TREASURER Trustee or director | 2 | $0 |
| KEESHA TYLER | ASSISTANT TREASURER Trustee or director | 2 | $0 |
| MICHELLE PARAMORE | FINANCIAL SECRETARY Trustee or director | 2 | $0 |
| NICOLE STEVENS | CORRESPONDING SECRETARY Trustee or director | 2 | $0 |
| VALEE SALONE ESQ | PARLIAMENTARIAN Trustee or director | 2 | $0 |
| DENISE GRESHAM-KNOX | BUILDING AND PROPERTY Trustee or director | 2 | $0 |
| ELAINE SMITH-SINGH | CORPORATE & COMMUNITY RELA Trustee or director | 2 | $0 |
| CHERYL MARSHALL-WASHINGTON | HUMAN RESOURCES Trustee or director | 2 | $0 |
| CYNTHIA DAVIS MEANS | MARKETING & COMMUNICATIONS Trustee or director | 2 | $0 |
| ANNA HORN | RESOURCE DEVELOPMENT & FUN Trustee or director | 2 | $0 |
| TIFFANY HOPE | GRANTS Trustee or director | 2 | $0 |
| MELISSA AKINLAWON | STRENGTHEN OUR SISTERHOOD Trustee or director | 2 | $0 |
| EULALIE WEST | STRENGTHEN OUR SISTERHOOD Trustee or director | 2 | $0 |
| TONYA LYLES MATTOX | EMPOWER OUR FAMILIES Trustee or director | 2 | $0 |
| YOLANDA BAILEY | BUILD OUR ECONOMIC WEALTH Trustee or director | 2 | $0 |
| EDDIE BOLTON HOWARD | ENHANCE OUR ENVIRONMENT Trustee or director | 2 | $0 |
| TANYA WOODS ESQ | ADVOCATE FOR SOCIAL JUSTIC Trustee or director | 2 | $0 |
| OUIDA DYER BRADFORD | SCHOLARSHIP Trustee or director | 2 | $0 |
| MYMA DILL | YLI/ASCENDING YOUNG PEARL Trustee or director | 2 | $0 |
| ROCHELLE SIMS | UPLIFT OUR LOCAL COMMUNITY Trustee or director | 2 | $0 |
| VYNESSA ALEXANDER | TRUSTEE Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 6220 S INGLESIDE AVE, CHICAGO, IL 60637-2622
- Principal officer (990 for 2025)
- FELICIA STANTON GRAY, 6220 S Ingleside, Chicago, IL 60637
- Signed the 990
- FELICIA STANTON GRAY, PRESIDENT
- Phone
- (773) 363-6220
- Return prepared by
- Hall & Associates CPAs
Mission
TO PROMOTE COMMUNITY SERVICE THROUGH VOLUNTEERISM AND SOCIALLY CONSCIOUS ACTIVITIES.
Program accomplishments
- SCHOLARSHIPS AND GRANTS ARE AWARDED UPON LETTERS OF REFERENCES, ACT SCORES, AND GPAS. THE STUDENT MUST BE ENROLLED IN AN ACCREDITED COLLEGE OR UNIVERSITY AND MUST BE IN GOOD ACADEMIC STANDING. EDUCATIONAL PROGRAMS THAT PROVIDE ACADEMIC ENRICHMENT TO STUDENTS THROUGHOUT THE CHICAGO AREA. MENTORING PROGRAMS THAT PROVIDE AT RISK TEENAGERS AN OPPORTUNITY TO BUILD SELF-ESTEEM AND ENCOURAGE ACADEMIC PURSUITS.Expenses $284,913
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 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 36-3163279
- 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
- 1982
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $1,462,689
- Income (IRS master file)
- $706,378
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $706,378 | $616,780 | $1,462,689 | XML |
| 990 | December 2024 | $662,937 | $614,128 | $1,457,718 | XML |
| 990 | December 2023 | $406,585 | $473,270 | $1,422,406 | XML |
| 990 | December 2022 | $350,072 | $371,848 | $1,428,614 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
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 36-3163279).
Questions about AKARAMA FOUNDATION INC
- What is the EIN of AKARAMA FOUNDATION INC?
- The employer identification number (EIN) of AKARAMA FOUNDATION INC is 36-3163279.
- Is AKARAMA FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1982.
- Are donations to AKARAMA FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does AKARAMA FOUNDATION 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 AKARAMA FOUNDATION INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did AKARAMA FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of AKARAMA FOUNDATION INC?
- The 990 for the year ended December 31, 2025 names FELICIA STANTON GRAY.
- Who are the officers and directors of AKARAMA FOUNDATION INC?
- The 990 for the year ended December 31, 2025 lists 24 people; 0 received compensation from the organization.
- How much revenue does AKARAMA FOUNDATION INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $706,378, expenses of $616,780 and total assets of $1,462,689 at year end.
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