Emenike-ogunnaike Charitable Foundation Inc
Only null% goes to programs Strong reserves Declining revenue
Emenike-ogunnaike Charitable Foundation Inc is a 501(c)(3) organization based in Sherman Oaks, California, registered in 2017, with $536,177 in FY2024 revenue. CharityIndex grades it C+.
4644 Morse Ave, Sherman Oaks, CA, 91423 EIN 81-3072927 Since 2017
Revenue (FY2024)
$536K
▼ 7.2% vs prior year
Education median: $200K
Expenses (FY2024)
$122K
Net assets
$4.2M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Emenike-ogunnaike Charitable Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating411 mo reserves · +77% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Emenike-ogunnaike Charitable Foundation Inc: 411 mo reserves · +77% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Emenike-ogunnaike Charitable Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Emenike-ogunnaike Charitable Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 4644 Morse Ave, Sherman Oaks, CA, 91423
- City
- Sherman Oaks
- State
- California
- Category
- Education
- Subcategory
- Student Services & Aid
Financial trends
Revenue grew from $100K (FY2018) to $536K (FY2024) across 7 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $4.2M
Operating margin
77.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$4.2M
Total liabilities
$0
Net assets
$4.2M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $536,177▼7.2% | $121,686▼35.2% | $4,163,049▲30.0% | $4,163,049▲29.6% | 990PF |
| 2023 | $577,585▼13.0% | $187,838▲43.2% | $3,202,878▲34.0% | $3,212,131▲34.2% | 990PF |
| 2022 | $663,908▼14.9% | $131,207▲14.1% | $2,390,810▲11.3% | $2,393,140▲11.3% | 990PF |
| 2021 | $780,210▼31.0% | $115,024▼61.9% | $2,147,951▲45.9% | $2,150,257▲45.9% | 990PF |
| 2020 | $1,130,599▲146% | $301,943▲327% | $1,471,872▲129% | $1,474,129▲129% | 990 |
| 2019 | $460,000▲360% | $70,662▲111% | $643,216▲153% | $644,312▲154% | 990 |
| 2018 | $100,000 | $33,469 | $253,878 | $253,878 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Frequently asked questions
- Is Emenike-ogunnaike Charitable Foundation Inc a legitimate nonprofit?
- Yes. Emenike-ogunnaike Charitable Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 81-3072927, based in Sherman Oaks, California. Donations are tax-deductible.
- What is Emenike-ogunnaike Charitable Foundation Inc's EIN?
- Emenike-ogunnaike Charitable Foundation Inc's Employer Identification Number (EIN) is 81-3072927.
- How much revenue does Emenike-ogunnaike Charitable Foundation Inc report?
- Emenike-ogunnaike Charitable Foundation Inc reported $536,177 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Emenike-ogunnaike Charitable Foundation Inc have?
- CharityIndex grades Emenike-ogunnaike Charitable Foundation Inc C+, based on financial health (reserves and operating margin).
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Data for Emenike-ogunnaike Charitable Foundation Inc (EIN 81-3072927) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.