Odighizuwa Foundation
- Assets
- $23.0k
- Revenue
- $38.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Frisco, TX
- Founding
- Data as of
- 12/2023
- EIN
- 87-4649080
Organization Overview
Odighizuwa Foundation is located in Frisco, TX. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Odighizuwa 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, Odighizuwa Foundation generated $38.9k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 35.8% each year . All expenses for the organization totaled $27.0k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $38,890 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $38,890 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $685 |
| Printing and publications | $0 |
| Other expenses | $16,424 |
| Total operating and administrative expenses | $17,330 |
| Contributions, gifts, grants paid | $9,656 |
| Total expenses and disbursements | $26,986 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $23,042 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $23,042 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Odighizuwa Foundation has awarded $9,656 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
TOP ACHIEVERS FOUNDATION PURPOSE: SPONSOR DISADVANTAGED YOUTHS IN HIGHSHOOL | $5,000 |
ZAINAB COLE PURPOSE: SINGLE PARENT GRANT FOR RENT ASSISTANCE BASED ON NEED. | $1,445 |
LAUREN GENZEL PURPOSE: NEED BASED GRANT FOR SINGLE PARENT. UTILITIES PAID FOR BY FOUNDATION. | $1,528 |
KITWANA MOBLEY PURPOSE: SINGLE PARENT, GRANT FOR RENTAL ASSISTANCE BASED ON NEED. | $1,683 |