Awwal Ladipo Foundation
- Assets
- $32.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Champlin, MN
- Founding
- Data as of
- 12/2023
- EIN
- 87-2210301
Organization Overview
Awwal Ladipo Foundation is located in Champlin, MN. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Awwal Ladipo Foundation 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 12/2023, Awwal Ladipo Foundation generated $26.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (11.7%) each year. All expenses for the organization totaled $36.3k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
GIVE BACK TO COMMUNITY VIA SCHOLARSHIPS & CHARITABLE GIVEWAYDURING THE YEAR. DURING THE YEAR AN ICE CREAM SOCIAL & TURKEY GIVE AWAY EVENT WAS CONDUCTED FOR THE COMMUNITY
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gideon Sekongo President | 2 | $0 | |
Ayodeji Oyewole Vice President | 2 | $0 | |
Tobi Ladipo Secretary | 4 | $0 | |
Atinuke Ladipo Treasurer | 2 | $0 | |
Bukky Olayemi Community Outreach | 2 | $0 | |
Busayo Okusanya Community Outreach | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $26,819 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $26,819 |
| 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 | $1,225 |
| Occupancy, rent, utilities, and maintenance | $68 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $22,961 |
| Total expenses | $36,254 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $32,298 |
| Other assets | $0 |
| Total assets | $32,298 |
| Total liabilities | $0 |
| Net assets or fund balances | $32,298 |