Akola Project Inc.
Akola Project Inc.
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About this organization
Mission
Akola's mission is to empower women to become agents of transformation for their families and communities through economic development.
About
Akola Project, Inc. empowers women to become agents of transformation for their families and communities through economic development. Akola achieves this mission by providing on-the-job vocational training, dependable work opportunities, and supplemental, holistic programs for marginalized women around the world. Equipping 500+ women with the resources and skills to uplift their families out of extreme poverty, Akola is a catalyst of entire communities being economically developed. As the first full impact brand in the luxury space, Akola leverages its entire value chain to create social impact through Akola products. Every raw material is ethically procured and, when possible, has a social impact. Each Akola product unit is manufactured by Akola clients, giving them the opportunity to earn a living wage. All of Akolas finished goods are inventoried and distributed through Akolas distribution center that is run as a second-chance job program for women. Finally, Akolas product sales are reinvested in the mission to grow the organization and provide more opportunities for women globally.
Interesting data from their 2020 990 filing
The non-profit's mission, as described in the filing, is “Akola's mission is to empower women to become agents of transformation for their families and communities through economic development.”.
When describing its duties, they were characterized as: “Akola's mission is to empower women to become agents of transformation for their families and communities through economic development.”.
- The non-profit has complied with legal regulations by reporting their state of operation as GA.
- The filing shows that the non-profit's address as of 2020 is 411 N AKARD ST 150, DALLAS, TX, 75201.
- As of 2020, the non-profit has reported a total of 72 employees on their form.
- Does not operate a hospital.
- Does not operate a school.
- Does not collect art.
- Does not provide credit counseling.
- Has foreign activities.
- Is not a donor-advised fund.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is -$1,425,817.
- The compensation policy for the CEO of the organization is not determined through an impartial evaluation and endorsement.
- The organization has a foreign financial account.
- The organization has 7 independent voting members.
- The organization was formed in 2006.
- The organization is required to file Schedule B.
- The organization is required to file Schedule O.
- The organization pays $1,964,336 in salary, compensation, and benefits to its employees.
- The organization pays $486,982 in fundraising expenses.
- The organization provides Form 990 to its governing body.
- The organization has minutes of its meetings.
- The organization's financial statements were reviewed by an accountant.