The Foundation FY2022 filing

Claim this org

(tell your story, add context, and more) Claim it free, then get the verified mark for $100 a year.

How does your 990 look to donors? Take the 10-Question Audit

Due to the short year, The Foundation is not yet active. In 2021, the Founder will travel to East Africa to set-up operations.

Form 990 Part I, line 1, FY2022. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 30-0346629) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
58¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
The latest return is for FY2024, 2 tax years back.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $48K a year · 74% of revenue · last 5 filings
A surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
58%
of spending
58% of spending went to programs.
Pt IX · Ln 25 · col B
75.2 mo
of spending, in cash
75.2 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$260K
57% of total assets
Liabilities are 57% of assets.
Pt X · Ln 26
Independent board members
0
of 1 voting members
None of 1 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
−$133K
-490% vs prior year
Spent
$34K
To programs
58%
Net assets
$199K
By yearFY2020–FY2024
Revenue
−$133K
FY2022▼ -490%
Tap a bar for its year
Revenue by fiscal year
FY2020$378K
FY2021$34K
FY2022−$133K
FY2023$24K
FY2024$23K
Expenses
$34K
FY2022▲ +16%
Tap a bar for its year
Expenses by fiscal year
FY2020$747
FY2021$30K
FY2022$34K
FY2023$14K
FY2024$7K
Net assets
$199K
FY2022▼ -37%
Tap a bar for its year
Net assets by fiscal year
FY2020$377K
FY2021$314K
FY2022$199K
FY2023$150K
FY2024$138K

From the FY2022 Form 990 · see the original

You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Feb 2021.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

58 cents of each dollar spent went to programs.

Program services 58% · $20K Management & general 62% · $21K Fundraising 0% · $80

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

2 people listed on the 990.

Part VII, Section A · reportable compensation
Founder
$0Pt VII · Sec A
Founder
$0Pt VII · Sec A
See The Foundation executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo
  • Loans to or from officersSch L · Pt II4 listed

Programs and updates

Establishing operations in East Africa to support future programs.

Questions for The Foundation

Tap to ask. The Foundation sees how many people are interested.

Your first name shows with your question. The Foundation answers here, for everyone.

4 programs · $23K · in their own filed words · FY2022
01

Amended

Empowering Self-sufficiency: While in Mkuranga, Tanzania, THE FOUNDATION invested in local small businesses (less than $500 each). Most of these entrepreneurs had proven their character and competence. We invested in a tailor who performed her craft well and displayed admirable honesty.

Form 990 Part III, line 4, FY2022. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 30-0346629) · Dispute this line
$8Kprogram expense
02

Community Safety

The Foundation contracted out 3 local security professionals to perform nightly patrols around the neighborhood of the office in Mkuranga, Tanzania (the office in now closed). Their wages are above market rates to enable them to achieve a greater level of financial security.

Form 990 Part III, line 4, FY2022. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 30-0346629) · Dispute this line
$7Kprogram expense
03

Saving Children

The Foundation had some remaining expenses from the unsuccessful attempt to start a children's home. These expenses were predominately rent and caretaker expenses. Additional costs stemmed from the selling of the 4x4 vehicle that was purchased by the Founder with his private money and used by The Foundation in Tanzania.

Form 990 Part III, line 4, FY2022. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 30-0346629) · Dispute this line
$4Kprogram expense
04

Amended (immaterial)

Community Safety: THE FOUNDATION contracted out 3 local security professionals to perform nightly patrols around the neighborhood of the office in Mkuranga, Tanzania (the office in now closed). Their wages are above market rates to enable them to achieve a greater level of financial security.

Form 990 Part III, line 4, FY2022. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 30-0346629) · Dispute this line
$3Kprogram expense

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
−$133K
Ln 12
Money outPt IX
$34K
Ln 25
Programscol B$20K
Managementcol C$21K
Fundraisingcol D$80
Owns and owesPt X
$199K
net assets · Ln 32
Cash and savingsLn 1–2$215K
Total assetsLn 16$459K
LiabilitiesLn 26$260K
PeoplePt VI, VII
2
listed · VII A
PaidVII A0
Voting boardVI 1a1
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Total revenueLn 12−$133K
Assets in detailPt X, end of year
Cash and savings togetherLn 1–2$215K
Total assetsLn 16$459K
LiabilitiesLn 26$260K
Net assetsLn 32$199K
OperationsPt I, VI
EmployeesI 50
VolunteersI 63
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 LatestFiled with the IRS Nov 11, 2025 $23K$7K$16K$138K 990 PDF
FY2023Filed with the IRS Nov 13, 2024 $24K$14K$10K$150K 990 PDF
FY2022 ViewingFiled with the IRS May 12, 2023 −$133K$34K−$168K$199K 990 PDF
FY2021Filed with the IRS May 12, 2022 $34K$30K$5K$314K 990 PDF
FY2020Filed with the IRS May 7, 2021 $378K$747$377K$377K 990 PDF

Schedules filed Part IV

A · Public support O · Explanations
See the full FY2022 990
Part VI · Governance 0 of 1 board members independent, 3 to look at
VI-1a Voting members of the governing body1
VI-1b Independent voting members0
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes

Form 990 e-file FY2022 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

Compare with another nonprofit

The names, titles, and financial information shown on this page are reproduced from IRS Form 990 filings, which are public records. More

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown. A filing can only be corrected by the organization filing an amended return with the IRS; the corrected information appears here at our next update.

We publish only information contained in the public IRS filing, and less than the filing contains. Our pages do not display home addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, contact the filing organization or the IRS directly.

All figures come from public IRS Form 990 filings. Comparisons are computed from the filing against similar orgs. They are not a rating.

Featured nonprofit jobs

All nonprofit jobs → · Hiring? Post a job →