Ifa Foundation FY2021 filing

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The Ifa Foundation through its Ola Olu Spiritual Retreat, Workshops, books and English and Spanish language websites provides education and service facilities to educate the public regarding the ancient African philosophy of Ifa. We create and maintain the only complete Sacred Orisha Gardens in the Western Hemisphere open to the public at no charge.

Form 990 Part I, line 1, FY2021. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 36-3655118) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2021 · 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
3 of 5
filings with a surplus
Average surplus $23K a year · 11% of revenue · last 5 filings
A surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
100%
of spending
100% of spending went to programs.
Pt IX · Ln 25 · col B
2.3 mo
of spending, in cash
2.3 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Liabilities are 0% of assets.
Pt X · Ln 26
Independent board members
0
of 4 voting members
None of 4 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$275K
+20% vs prior year
Spent
$336K
To programs
100%
Net assets
$776K
By yearFY2020–FY2024
Revenue
$275K
FY2021▲ +20%
Tap a bar for its year
Revenue by fiscal year
FY2020$229K
FY2021$275K
FY2022$165K
FY2023$207K
FY2024$184K
Expenses
$336K
FY2021▲ +53%
Tap a bar for its year
Expenses by fiscal year
FY2020$220K
FY2021$336K
FY2022$259K
FY2023$83K
FY2024$47K
Net assets
$776K
FY2021▼ -13%
Tap a bar for its year
Net assets by fiscal year
FY2020$891K
FY2021$776K
FY2022$677K
FY2023$478K
FY2024$478K

From the FY2021 Form 990 · see the original

You’re viewing the FY2021 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 May 1994.

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

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $336K

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

4 people listed on the 990.

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
See Ifa 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 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Educates the public about ancient African Ifa philosophy through retreats, workshops, books, and free gardens.

Questions for Ifa Foundation

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1 program · in their own filed words · FY2021
01

The Sacred Orisha Gardens at Ola Oiu. This is the only representation of the Sacred Gardens, previously represented and available only in Oshogbo in Nigeria, and recognized by Professor Robin Poynor, of the University of Florida, continued to thrive and grow.

Form 990 Part III, line 4, FY2021. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 36-3655118) · Dispute this line
Pt IX · Ln 25 · col B

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$275K
Ln 12
Fees for servicesLn 2g$227K
Gifts and grantsLn 1h$48K
Money outPt IX
$336K
Ln 25
Programscol B$336K
Owns and owesPt X
$776K
net assets · Ln 32
Cash and savingsLn 1–2$63K
Total assetsLn 16$776K
LiabilitiesLn 26$0
PeoplePt VI, VII
4
listed · VII A
PaidVII A0
Voting boardVI 1a4
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$48K
Fees for servicesLn 2g$227K
Total revenueLn 12$275K
Assets in detailPt X, end of year
CashLn 1$63K
Cash and savings togetherLn 1–2$63K
Pledges and grants receivableLn 3$48K
Land, buildings, equipmentLn 10c$665K
Total assetsLn 16$776K
LiabilitiesLn 26$0
Net assetsLn 32$776K
OperationsPt I, VI
EmployeesI 50
VolunteersI 64
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$27K$63K
Land, buildings, equipmentLn 10c$665K$665K
Total assetsLn 16$740K$776K
LiabilitiesLn 26$0$0
Net assetsLn 32$740K$776K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Advertising and promotionLn 12$23K$23K
Office expensesLn 13$20K$20K
Information technologyLn 14$86K$86K
OccupancyLn 16$24K$24K
InsuranceLn 23$42K$42K
Other expenses (24a–d)Ln 24$126K$126K
All other expensesLn 24e$16K$16K
Total functional expensesLn 25$336K$336K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 LatestFiled with the IRS Oct 31, 2025 $184K$47K$137K$478K 990 PDF
FY2023Filed with the IRS May 10, 2024 $207K$83K$124K$478K 990 PDF
FY2022Filed with the IRS Oct 9, 2023 $165K$259K−$94K$677K 990 PDF
FY2021 ViewingFiled with the IRS Oct 5, 2022 $275K$336K−$62K$776K 990 PDF
FY2020Filed with the IRS Oct 19, 2021 $229K$220K$9K$891K 990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations
See the full FY2021 990
Part I · Summary $274,885 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $44,210$48,000
I-9 Program service revenuePrior year $185,162$226,885
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenuePrior year $229,372$274,885
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $220,279$336,403
I-18 Total expensesPrior year $220,279$336,403
I-19 Revenue less expensesPrior year $9,093−$61,518
Part VI · Governance 0 of 4 board members independent, 5 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members0
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
Part VIII · Statement of revenue $274,885 across 4 lines filed
VIII-1f All other contributions, gifts and grants$48,000
VIII-1h Total contributions, gifts and grants$48,000
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $226,885$226,885
VIII-12 Total revenueRelated to mission $226,885 · Unrelated business $0 · Excluded from tax $0$274,885
Part IX · Statement of functional expenses $336,403 across 7 lines filed
IX-12 Advertising and promotionPrograms $23,445$23,445
IX-13 Office expensesPrograms $20,100$20,100
IX-14 Information technologyPrograms $85,700$85,700
IX-16 OccupancyPrograms $24,000$24,000
IX-23 InsurancePrograms $42,010$42,010
IX-24 Other expenses (24a–d)Programs $125,613$125,613
IX-24e All other expensesPrograms $15,535$15,535
IX-25 Total functional expensesPrograms $336,403 · Management $0 · Fundraising $0$336,403
Part X · Balance sheet $776,455 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $26,778$63,455
X-3 Pledges and grants receivableStart of year $48,000$48,000
X-10c Land, buildings and equipment, netStart of year $665,000$665,000
X-16 Total assetsStart of year $739,778$776,455
X-25 Other liabilities$0
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $739,778$776,455
X-32 Total net assets or fund balancesStart of year $739,778$776,455
X-33 Total liabilities and net assetsStart of year $739,778$776,455
Part XI · Reconciliation of net assets $776,455 net assets at year end
XI-1 Total revenue$274,885
XI-2 Total expenses$336,403
XI-3 Revenue less expenses−$61,518
XI-4 Net assets at start of year$739,778
XI-10 Net assets at end of year$776,455

Form 990 e-file FY2021 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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