Ongoza Foundation Inc
- Assets
- $249.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 12/2014
- Data as of
- 12/2022
- EIN
- 46-4299032
Organization Overview
Ongoza Foundation Inc is located in New York, NY. The organization was established in 2014. According to its NTEE Classification (Q30) the organization is classified as: International Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ongoza Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Ongoza Foundation Inc generated $170.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (10.3%) each year. All expenses for the organization totaled $193.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (5.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
SOLVE THE PROBLEMS OF YOUTH UNEMPLOYMENT AND TO RESOLVE THE PROBLEMS OF SMALL BUSINESS FAILURE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel Goldman Board Member | 2 | $0 | |
Parminder Vir Obe Board Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $169,964 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $22 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $169,986 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $4,295 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $438 |
| Total expenses | $193,778 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $249,454 |
| Other assets | $0 |
| Total assets | $249,454 |
| Total liabilities | $1,600 |
| Net assets or fund balances | $247,854 |