Cic Enugu Alumni Foundation INC EIN 46-4249027

Cic Enugu Alumni Foundation INC

EIN  46-4249027 Public charity (501(c)(3)) Washington, DC
Form 990 (PDF) Compare with another nonprofit →
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Size
<$100K
What they do
Empower former students with educational resources and support, both locally and internationally.
Leadership
Eman Dechukwu · Chairman
Money in and out
$90K revenue, $73K expenses
Bottom line
100% program efficiency

Empower former students with educational resources and support, both locally and internationally. For fiscal year 2023 it reported $90K in revenue, $73K in expenses, and $18K in net assets.Pt I

Where the money goes · FY2023
Total revenue
$90K
Pt VIII · Ln 12
Total expenses
$73K
Pt IX · Ln 25
Net assets
$18K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $18K
Where spending went · Part IX cols B–D
Program services $1.00
Program efficiency
100%
of spending reaches programs0% vs prior filing year
Operating runway
2.9mo
months of highly liquid reserves at operating expense rate▼ -12% vs prior filing year
Surplus margin
+19%
revenue over expenses, this year▼ -11% vs prior filing year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$90K
FY2023▼ -30%
Expenses
$73K
FY2023▼ -28%
Total assets
$18K
FY2023▼ -37%
Total liabilities
$0
FY2023
Total revenue
$90K
Pt VIII · Ln 12
Total expenses
$73K
Pt IX · Ln 25
Net assets
$18K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$18K
Total assetsPt X · Ln 16$18K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43
Mission & Programs · Part III

Where the work happens

1 program service account for $73K of program spending, described in the organization's own filed words · FY2023.
01

Create a conducive environment for education and uplift of students and old boys at home and abroad

$73Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCic Enugu Alumni Foundation INC
EINHdr · item D46-4249027
Principal addressHdr · item CWashington, DC
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MDC
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B90)
Ruling yearIRS BMFMay 2014

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Program service revenue100%$90K
Total revenueLn 12$90K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$73K
Total functional expensesLn 25$73K

Balance Sheet

Part X · end of year
CashLn 1$18K
Total assetsLn 16$18K
Total liabilitiesLn 26$0
Total net assetsLn 32$18K
Months of cash on handcomputed2.9

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $18K · Operating expenses/yr $73K
2.9 months
Where the money goes
Program services
Program services $73K · Total expenses $73K
100%
Management & General
Management & general $0 · Total expenses $73K
0%
Fundraising
Fundraising $0 · Total expenses $73K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $90K
0%
Government reliance
Government grants — · Total revenue $90K
Earned-income share
Program service revenue $90K · Total revenue $90K
100%
Investment reliance
Investment income $0 · Total revenue $90K
0%
Program self-sufficiency
Program service revenue $90K · Total expenses $73K
124%
Growth & trend
Revenue growth (YoY)
This year $90K · Prior year $129K
-30%
Net-asset trend (YoY)
End of year $18K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $90K · Expenses $73K
+19%
Liabilities-to-Assets
Total liabilities — · Total assets $18K
Net-asset ratio
Net assets $18K · Total assets $18K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $18K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Eman Dechukwu · Reported title CHAIRMAN · Highest reported compensation $0 · Total expenses $73K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $73K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 100%
Overhead ratio 0%
Revenue growth -30%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 2 funders$10K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2023 (Latest)$90K revenue · viewing · ⤓ 990 PDF
FY2022$129K revenue · ⤓ 990 PDF
FY2021$239K revenue · ⤓ 990 PDF
FY2020$335K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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