Texas · Nonprofit
AKOLA PROJECT INC
AKOLA PROJECT INC (Texas) receives grants from 20 organizations whose IRS filings report $1,046,932 to it, the largest being The Bank of America Charitable Foundation Inc ($210,000). 7 of them have funded it in more than one year.
- Revenue FY2020
- $-24092
- Funders on record
- 20
- Grants received
- $1.0M
- Net assets
- $0
What Akola Project Inc does
Mission
Akola's mission is to empower women to become agents of transformation for their families and communities through economic development.
As stated on its FY2020 Form 990.
Program
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.
The first program described on its most recent Form 990, which lists programs largest first by expense.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2018 to 2019, from $5.6M to $1.5M (−73%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 4 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
The chief executive listed changed between the FY2019 and FY2020 filings.
Who funds it, year by year
2017 → 2022: the base narrowed from 12 funders to 1 funder, grant income fell $486k → $5k.
9 of 20 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 34% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of AKOLA PROJECT INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
AKOLA PROJECT INC has a broad base — no single funder exceeds 20% of grant income, and it takes 4 funders to reach half.
the vertical line marks half of all grant income — 4 funders to its left
59% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund AKOLA PROJECT INC.
Largest funder’s share by year: 2017 26% · 2018 31% · 2019 48% · 2020 39% · 2022 100% — growing more concentrated.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
11% of AKOLA PROJECT INC's funders are still giving 3 years after their first grant; 35% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2022, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
AKOLA PROJECT INC draws 71% of its grant income from funders outside Texas, across 5 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $358k arriving through sponsors registered in 6 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Organizations like AKOLA PROJECT INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Texas
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
70% of spending goes to programs.
Governance
Public support
85%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Part of a family of 3 related entities
- Akola Project Limited · exempt
- Akola Pbc · corp_trust
- Akola Pbc Smc Limited · corp_trust
Screen this organization
A dated, signed PDF of the compliance screen for AKOLA PROJECT INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds AKOLA PROJECT INC?
- AKOLA PROJECT INC (Texas) receives grants from 20 organizations whose IRS filings report $1,046,932 to it, the largest being The Bank of America Charitable Foundation Inc ($210,000). 7 of them have funded it in more than one year.
- How many funders does AKOLA PROJECT INC have?
- IRS filings report 20 organizations giving $1,046,932 in grants to AKOLA PROJECT INC, 7 of which have funded it in more than one year.
- Who is the largest funder of AKOLA PROJECT INC?
- The Bank of America Charitable Foundation Inc is the largest funder on record, with $210,000 in grants. The full list of funders is on this page.
- How can an organization like AKOLA PROJECT INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Texas. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2020 (financials across 2017–2020), and the filings of 20 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing