Ifa Foundation FY2023 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, FY2023. 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.
28¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2023 · 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
28%
of spending
28% of spending went to programs.
Pt IX · Ln 25 · col B
1.1 mo
of spending, in cash
1.1 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
5
of 5 voting members
5 of 5 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$207K
+25% vs prior year
Spent
$83K
To programs
28%
Net assets
$478K
By yearFY2020–FY2024
Revenue
$207K
FY2023▲ +25%
Tap a bar for its year
Revenue by fiscal year
FY2020$229K
FY2021$275K
FY2022$165K
FY2023$207K
FY2024$184K
Expenses
$83K
FY2023▼ -68%
Tap a bar for its year
Expenses by fiscal year
FY2020$220K
FY2021$336K
FY2022$259K
FY2023$83K
FY2024$47K
Net assets
$478K
FY2023▼ -29%
Tap a bar for its year
Net assets by fiscal year
FY2020$891K
FY2021$776K
FY2022$677K
FY2023$478K
FY2024$478K

From the FY2023 Form 990 · see the original

You’re viewing the FY2023 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

28 cents of each dollar spent went to programs.

Program services 28% · $23K Management & general 72% · $60K

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

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Who runs it and what they're paid

5 people listed on the 990.

Part VII, Section A · reportable compensation
President CEO
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$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 2No
  • 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.

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3 programs · $23K · in their own filed words · FY2023
01

Provide spiritual ceremonies

Form 990 Part III, line 4, FY2023. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 36-3655118) · Dispute this line
$23Kprogram expense
02

Provide Basic and advanced training about the Ifa practices

Form 990 Part III, line 4, FY2023. 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
03

Provide spiritual services for sexually abuse womans

Form 990 Part III, line 4, FY2023. 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 FY2023 990, line by line.

1The main four
Money inPt VIII
$207K
Ln 12
Fees for servicesLn 2g$207K
Money outPt IX
$83K
Ln 25
Programscol B$23K
Managementcol C$60K
Owns and owesPt X
$478K
net assets · Ln 32
Cash and savingsLn 1–2$8K
Total assetsLn 16$478K
LiabilitiesLn 26$0
PeoplePt VI, VII
5
listed · VII A
PaidVII A0
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Government grantsLn 1e$0
Noncash giftsLn 1g$0
Fundraising eventsLn 1c$0
Fees for servicesLn 2g$207K
Total revenueLn 12$207K
Assets in detailPt X, end of year
CashLn 1$8K
Cash and savings togetherLn 1–2$8K
Land, buildings, equipmentLn 10c$470K
Total assetsLn 16$478K
LiabilitiesLn 26$0
Net assetsLn 32$478K
OperationsPt I, VI
EmployeesI 50
VolunteersI 64
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$12K$8K
InvestmentsLn 11–13$0$0
Land, buildings, equipmentLn 10c$665K$470K
Total assetsLn 16$677K$478K
LiabilitiesLn 26$0$0
Net assetsLn 32$677K$478K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of officers and key staff (Part IX, line 5)Ln 5$27K$0$27K$0
Pay of disqualified personsLn 6$0$0$0$0
Other salaries and wagesLn 7$0$0$0$0
Pension plan contributionsLn 8$0$0$0$0
Other employee benefitsLn 9$0$0$0$0
Payroll taxesLn 10$0$0$0$0
Management feesLn 11a$0$0$0$0
Legal feesLn 11b$0$0$0$0
Accounting feesLn 11c$4K$0$4K$0
Lobbying feesLn 11d$0$0$0$0
Professional fundraising feesLn 11e$0$0
Investment management feesLn 11f$0$0$0$0
Other fees for servicesLn 11g$0$0$0$0
Other expenses (24a–d)Ln 24$52K$23K$29K$0
Total functional expensesLn 25$83K$23K$60K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 LatestFiled with the IRS Oct 31, 2025 $184K$47K$137K$478K 990 PDF
FY2023 ViewingFiled 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
FY2021Filed 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 FY2023 990
Part I · Summary $206,780 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $48,000$0
I-9 Program service revenuePrior year $226,885$206,780
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $274,885$206,780
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$27,000
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $336,403$55,614
I-18 Total expensesPrior year $336,403$82,614
I-19 Revenue less expensesPrior year −$61,518$124,166
Part VI · Governance 5 of 5 board members independent, 2 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members5
VI-12a Written conflict of interest policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $206,780 across 14 lines filed
VIII-1a Federated campaigns$0
VIII-1b Membership dues$0
VIII-1c Fundraising events$0
VIII-1d Related organizations$0
VIII-1e Government grants$0
VIII-1f All other contributions, gifts and grants$0
VIII-1g Noncash contributions (included above)$0
VIII-1h Total contributions, gifts and grants$0
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $206,780 · Unrelated business $0 · Excluded from tax $0$206,780
VIII-3 Investment incomeRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-5 RoyaltiesRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-6 Net rental income or lossRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-8 Net income from fundraising eventsUnrelated business $0 · Excluded from tax $0$0
VIII-12 Total revenueRelated to mission $206,780 · Unrelated business $0 · Excluded from tax $0$206,780
Part IX · Statement of functional expenses $82,614 across 14 lines filed
IX-5 Pay of officers and key staff (Part IX, line 5)Programs $0 · Management $27,000 · Fundraising $0$27,000
IX-6 Pay of disqualified personsPrograms $0 · Management $0 · Fundraising $0$0
IX-7 Other salaries and wagesPrograms $0 · Management $0 · Fundraising $0$0
IX-8 Pension plan contributionsPrograms $0 · Management $0 · Fundraising $0$0
IX-9 Other employee benefitsPrograms $0 · Management $0 · Fundraising $0$0
IX-10 Payroll taxesPrograms $0 · Management $0 · Fundraising $0$0
IX-11a Management feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11b Legal feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11c Accounting feesPrograms $0 · Management $3,600 · Fundraising $0$3,600
IX-11d Lobbying feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11e Professional fundraising feesFundraising $0$0
IX-11f Investment management feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11g Other fees for servicesPrograms $0 · Management $0 · Fundraising $0$0
IX-24 Other expenses (24a–d)Programs $22,955 · Management $29,059 · Fundraising $0$52,014
IX-25 Total functional expensesPrograms $22,955 · Management $59,659 · Fundraising $0$82,614
Part X · Balance sheet $477,890 assets, 30 lines filed
X-1 Cash, non-interest-bearingStart of year $11,790$7,890
X-2 Savings and temporary cash investmentsStart of year $0$0
X-3 Pledges and grants receivableStart of year $0$0
X-4 Accounts receivableStart of year $0$0
X-5 Loans to officers and key peopleStart of year $0$0
X-6 Loans to other insidersStart of year $0$0
X-7 Notes and loans receivableStart of year $0$0
X-8 Inventories for sale or useStart of year $0$0
X-9 Prepaid expenses and deferred chargesStart of year $0$0
X-10c Land, buildings and equipment, netStart of year $665,000$470,000
X-11 Publicly traded securitiesStart of year $0$0
X-12 Other securitiesStart of year $0$0
X-13 Program-related investmentsStart of year $0$0
X-14 Intangible assetsStart of year $0$0
X-15 Other assetsStart of year $0$0
X-16 Total assetsStart of year $676,790$477,890
X-17 Accounts payable and accrued expensesStart of year $0$0
X-18 Grants payableStart of year $0$0
X-19 Deferred revenueStart of year $0$0
X-20 Tax-exempt bond liabilitiesStart of year $0$0
X-21 Escrow or custodial accountsStart of year $0$0
X-22 Loans from officers and insidersStart of year $0$0
X-23 Secured mortgages and notes payableStart of year $0$0
X-24 Unsecured notes and loans payableStart of year $0$0
X-25 Other liabilitiesStart of year $0$0
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $676,790$477,890
X-28 Net assets with donor restrictionsStart of year $0$0
X-32 Total net assets or fund balancesStart of year $676,790$477,890
X-33 Total liabilities and net assetsStart of year $676,790$477,890
Part XI · Reconciliation of net assets $477,890 net assets at year end
XI-1 Total revenue$206,780
XI-2 Total expenses$82,614
XI-3 Revenue less expenses$124,166
XI-4 Net assets at start of year$676,790
XI-5 Net unrealized gains (losses) on investments$0
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments$0
XI-9 Other changes in net assets−$323,066
XI-10 Net assets at end of year$477,890

Form 990 e-file FY2023 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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