Epic-africa Foundation is a 501(c)(3) organization based in Wilmington, Delaware, registered in 2017, with $538,645 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$539K
▲ 8.8% vs prior year
Civil Rights median: $332K
Expenses (FY2024)
$663K
Net assets
$472K
Employees
—
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 Epic-africa Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Epic-africa Foundation: 9 mo reserves · -23% margin earns a C+ on this criterion. See the exact thresholds →
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 Epic-africa Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Epic-africa Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Revenue grew from $109K (FY2018) to $539K (FY2024) across 7 reported years.
Financial snapshot
Operating margin
-23.0%
Spent more than it raised in the latest fiscal year.
Total assets
$496K
Total liabilities
$24K
Net assets
$472K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $538,645▲8.8% | $662,648▲2.1% | $472,390▼20.8% | $496,287▼16.8% | 990 |
| 2023 | $495,046▼41.7% | $649,173▲103% | $596,393▼20.6% | $596,393▼20.6% | 990 |
| 2022 | $849,164▲273% | $320,501▲127% | $751,337▲243% | $751,337▲237% | 990 |
| 2021 | $227,840▲29.1% | $141,411▲202% | $219,353▲55.8% | $222,619▲56.9% | 990 |
| 2020 | $176,480▲404% | $46,782▼9.8% | $140,807▲1168% | $141,930▲1104% | 990EZ |
| 2019 | $35,000▼67.7% | $51,841▼55.2% | $11,109▼60.3% | $11,791▼63.7% | 990EZ |
| 2018 | $108,500 | $115,725 | $27,950▼66.6% | $32,517▼66.8% | 990EZ |
| 2017 | — | — | $83,613 | $97,914 | 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.
Explore more
Data for Epic-africa Foundation (EIN 32-0533781) 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.