Civic Intelligence

The Geanco Foundation Inc

990 • Fiscal year 2021 • EIN 20-3498204

Jan 01, 2021 to Dec 31, 2021 • Filed on Aug 26, 2022

Organization ProfileWWW.GEANCO.ORG
350 S Grand Avenue 25th FloorLos Angeles, CA 90071

(708) 439-1462

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

47th percentile

0.05x

Higher debt load relative to assets than 47% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

41st percentile

0.05x

Higher debt load relative to revenue than 41% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

33rd percentile

3.6%

Higher net margin than 33% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

89th percentile

$181,782

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 17.0% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

33rd percentile

2.2%

Faster asset growth than 33% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

68th percentile

33%

Faster revenue growth than 68% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets47th percentile

Assets

Up

$1,064,873

Up $22,520 (+2.2%) from 2020

Net Assets

Up

$1,009,518

Up $38,847 (+4.0%) from 2020

Liabilities

Down

$55,355

Down $16,327 (-23%) from 2020

Revenue And Expenses
Liabilities / Revenue41st percentileNet Margin33rd percentile

Revenue

Up

$1,067,118

Up $265,618 (+33%) from 2020

Expenses

Up

$1,028,271

Up $212,227 (+26%) from 2020

Net Income

Up

$38,847

Up $53,391 (+367%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth33rd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0Assets 2011: $28,432Liabilities 2011: $15,000Net Assets 2011: $13,4322011Assets 2012: $31,905Liabilities 2012: $0Net Assets 2012: $31,9052012Assets 2013: $145,287Liabilities 2013: $0Net Assets 2013: $145,2872013Assets 2014: $418,901Liabilities 2014: $0Net Assets 2014: $418,9012014Assets 2015: $614,125Liabilities 2015: $0Net Assets 2015: $614,1252015Assets 2016: $1,322,033Liabilities 2016: $1,209Net Assets 2016: $1,320,8242016Assets 2017: $703,508Liabilities 2017: $13,928Net Assets 2017: $689,5802017Assets 2018: $984,404Liabilities 2018: $64,205Net Assets 2018: $920,1992018Assets 2019: $1,050,386Liabilities 2019: $65,171Net Assets 2019: $985,2152019Assets 2020: $1,042,353Liabilities 2020: $71,682Net Assets 2020: $970,6712020Assets 2021: $1,064,873Liabilities 2021: $55,355Net Assets 2021: $1,009,5182021Assets 2022: $752,148Liabilities 2022: $24,952Net Assets 2022: $727,1962022Assets 2023: $954,547Liabilities 2023: $80,793Net Assets 2023: $873,7542023Assets 2024: $914,459Liabilities 2024: $80,340Net Assets 2024: $834,1192024

Highlighted filing

2021

Assets$1,064,873
Liabilities$55,355
Net Assets$1,009,518
Open 2021 Filing

Operations Trend

Revenue Growth68th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$2.0M$1.0M$0-$1.0MRevenue 2011: $287,032Expenses 2011: $299,192Net Income 2011: -$12,1602011Revenue 2012: $175,519Expenses 2012: $172,046Net Income 2012: $3,4732012Revenue 2013: $931,077Expenses 2013: $817,695Net Income 2013: $113,3822013Revenue 2014: $436,491Expenses 2014: $162,968Net Income 2014: $273,5232014Revenue 2015: $1,218,565Expenses 2015: $1,023,341Net Income 2015: $195,2242015Revenue 2016: $1,073,970Expenses 2016: $380,658Net Income 2016: $693,3122016Revenue 2017: $775,877Expenses 2017: $1,407,121Net Income 2017: -$631,2442017Revenue 2018: $1,003,664Expenses 2018: $773,045Net Income 2018: $230,6192018Revenue 2019: $1,736,600Expenses 2019: $1,671,584Net Income 2019: $65,0162019Revenue 2020: $801,500Expenses 2020: $816,044Net Income 2020: -$14,5442020Revenue 2021: $1,067,118Expenses 2021: $1,028,271Net Income 2021: $38,8472021Revenue 2022: $624,533Expenses 2022: $874,655Net Income 2022: -$250,1222022Revenue 2023: $1,132,328Expenses 2023: $1,031,822Net Income 2023: $100,5062023Revenue 2024: $1,078,001Expenses 2024: $1,141,828Net Income 2024: -$63,8272024

Highlighted filing

2021

Revenue$1,067,118
Expenses$1,028,271
Net Income$38,847
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Aug 26, 2022
Return Version
2021v4.2
Gross Receipts
$1,067,118
Mission and Program Overview

Mission

Geancos mission is to save and improve the lives in africa. The principal activities of the foundation are to receive and/or maintain funds which are used for special medical missions, maternal and infant health programs, and support of schools in africa.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$970,671$1,009,518▲ $38,847
Cash and Non-Interest-Bearing Accounts$806,200$752,433▼ $53,767
Investments in Publicly Traded Securities$31,948$180,120▲ $148,172
Pledges and Grants Receivable$204,205$72,320▼ $131,885
Prepaid Expenses and Deferred Charges-$60,000-
Total Assets$1,042,353$1,064,873▲ $22,520
Liabilities
Accounts Payable and Accrued Expenses$71,682$55,355▼ $16,327
Total Liabilities$71,682$55,355▼ $16,327
Net Assets / Fund Balance
Total Net Assets Fund Balance$970,671$1,009,518▲ $38,847
Total Liabilities and Net Assets / Fund Balance$1,042,353$1,064,873▲ $22,520
Compensation and Service Providers
Top Officer Pay89th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Afam OnyemaCEO and Co-founderFT$130,277$51,505$181,782
Dr Godwin OnyemaPresident and Co-founderFT$81,275-$81,275

Board Members and Trustees

NameTitle
Ebele OnyemaDirector
Gozie OnyemaDirector
Mark JohnsonDirector
Nche OnyemaDirector
Sam NeswickDirector
Steve KirschnerDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$1,043,700
Program Service Revenue
$0
Investment Income
$23,418
Other Revenue
$0
All Other Contributions
$841,228
Change in Net Assets
$38,847

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,067,118
Total Revenue per Audited Statements
$1,067,118
Total Revenue per Form 990
$1,067,118
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$754,658
Salaries, Compensation, and Employee Benefits$273,613
Total Fundraising Expense$63,225
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$184,141$39,459$39,459$263,059
Other Expenses$155,600--$155,600
All Other Expenses--$21,550$21,550
Fees for Services Accounting-$13,825-$13,825
Other Employee Benefits$7,388$1,583$1,583$10,554
Travel$1,900$3,800$633$6,333
Fees for Services Other-$6,101-$6,101
Total Functional Expenses$900,278$64,768$63,225$1,028,271

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,028,271
Total Expenses per Audited Statements$1,028,271
Total Expenses per Form 990$1,028,271
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Omaze-tyrese$163,483$163,483-$163,483
2021 La$81,944$81,944$7,822$74,122
Total Events$245,427$245,427$7,822$237,605
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Officer directors etc family relationship Part VI line 2

“Dr. Godwin onyema (president and co-founder) is the father of afam onyema (ceo and co-founder).”

Form 990 governing body review Part VI line 11

“Ceo and co-founder review the 990 in detail before it is finalized”

Conflict of interest policy compliance Part VI line 12C

“Foundation has a conflict of interest policy that all directors and employees adhere to.”

CEO executive director top management comp Part VI line 15A

“Ceo and co-founder afam onyemas compensation in 2021 was $181,782. President and co-founder godwin onyemas compensation was $81,276. Compensation was determined through consultation and review of the board of directors.”

Governing documents etc available to public Part VI line 19

“Made available upon request”

Filing and Contact Details

Filer

Filer Name
The Geanco Foundation Inc
EIN
20-3498204
Address
350 S GRAND AVENUE 25TH FLOOR, LOS ANGELES, CA 90071

Signing Officer

Name
Afam Onyema
Title
CEO
Phone
7084391462
Signed
2022-08-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Afam Onyema
Formed
2005
Legal Domicile
Il
Voting Board Members
8
Independent Board Members
3
Employees
2

Preparer

Firm
Pap CPA Inc
Address
102 N EVERGREEN AVENUE SUITE 220, ARLINGTON HEIGHTS, IL 60004
Preparer
Pete a Pacilio CPA
Phone
8479424946
Supplemental Narrative

Additional Explanations

List of other expenses Part IX line 24E

“Other expenses include development, outreach, fundraising, coronavirus initiatives, maternal health, medical mission, cgi and educational related expenses.”

Raw XML Appendix393 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt071682
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt055355
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0GEANCOS MISSION IS TO SAVE AND IMPROVE THE LIVES IN AFRICA. THE PRINCIPAL ACTIVITIES OF THE FOUNDATION ARE TO RECEIVE AND/OR MAINTAIN FUNDS WHICH ARE USED FOR SPECIAL MEDICAL MISSIONS, MATERNAL AND INFANT HEALTH PROGRAMS, AND SUPPORT OF SCHOOLS IN AFRICA.
IRS990/AllOtherContributionsAmt0841228
IRS990/AllOtherExpensesGrp/FundraisingAmt021550
IRS990/AllOtherExpensesGrp/TotalAmt021550
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0AFAM ONYEMA
IRS990/BooksInCareOfDetail/PhoneNum07084391462
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0350 S GRAND AVENUE 25TH FLOOR
IRS990/BooksInCareOfDetail/USAddress/CityNm0LOS ANGELES
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd090071
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0806200
IRS990/CashNonInterestBearingGrp/EOYAmt0752433
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt039459
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt039459
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0184141
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0263059
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContriRptFundraisingEventAmt0202472
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01043700
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt023418
IRS990/CYOtherExpensesAmt0754658
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt038847
IRS990/CYSalariesCompEmpBnftPaidAmt0273613
IRS990/CYTotalExpensesAmt01028271
IRS990/CYTotalFundraisingExpenseAmt063225
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01067118
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0In 2021, in response to the high incidences of infant mortality rates associated with traditional birth attendant (TBA) practices in Nigeria, the organization held a neonatal resuscitation training in which it trained and equipped TBAs in Nigeria. At the conclusion of the training, the participants were able to successfully carryout neonatal resuscitation procedures.The Foundation continued to support a leadership scholarship program for girls in Nigeria negatively impacted by terrorism and gender inequality. This included expanding its scholarship programs at Nigerian schools by covering tuition and tuition related fees, along with medical care and social support. The Foundation also funded the construction of a new assembly hall at Brightland Academy and partially funded the construction of a new sciense laboratory along with donating electronic whiteboards. During 2021, the Foundation continued the expansion of its anemia program at four hospitals and clinics in southeast Nigeria. The Foundations leaders made official visits to the partner hospitals that manage the daily screening and treatment of vulnerable women and children for anemia, a dangerous blood condition.Included in this total are also a portion of the salaries of the Foundations only two employees.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt02
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0900278
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt013825
IRS990/FeesForServicesAccountingGrp/TotalAmt013825
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt06101
IRS990/FeesForServicesOtherGrp/TotalAmt06101
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt065.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt135.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/PersonNm0AFAM ONYEMA
IRS990/Form990PartVIISectionAGrp/PersonNm1DR GODWIN ONYEMA
IRS990/Form990PartVIISectionAGrp/PersonNm2MARK JOHNSON
IRS990/Form990PartVIISectionAGrp/PersonNm3EBELE ONYEMA
IRS990/Form990PartVIISectionAGrp/PersonNm4SAM NESWICK
IRS990/Form990PartVIISectionAGrp/PersonNm5STEVE KIRSCHNER
IRS990/Form990PartVIISectionAGrp/PersonNm6GOZIE ONYEMA
IRS990/Form990PartVIISectionAGrp/PersonNm7NCHE ONYEMA
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0181782
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt181275
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0CEO AND CO-FOUNDER
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT AND CO-FOUNDER
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02005
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingAmt0202472
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt01067118
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt03
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt023418
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt023418
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt031948
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0180120
IRS990/IRPDocumentCnt02
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0IL
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0GEANCOS MISSION IS TO SAVE AND IMPROVE THE LIVES IN AFRICA. THE PRINCIPAL ACTIVITIES OF THE FOUNDATION ARE TO RECEIVE AND/OR MAINTAIN FUNDS WHICH ARE USED FOR SPECIAL MEDICAL MISSIONS, MATERNAL AND INFANT HEALTH PROGRAMS, AND SUPPORT OF SCHOOLS IN AFRICA.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0970671
IRS990/NetAssetsOrFundBalancesEOYAmt01009518
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt01583
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt01583
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt07388
IRS990/OtherEmployeeBenefitsGrp/TotalAmt010554
IRS990/OtherExpensesGrp/Desc0PROGRAM - EDUCATION
IRS990/OtherExpensesGrp/Desc1PROGRAM - MATERNAL HEALTH
IRS990/OtherExpensesGrp/Desc2MEDICAL MISSION AND CGI
IRS990/OtherExpensesGrp/Desc3SCHOLARSHIP
IRS990/OtherExpensesGrp/ProgramServicesAmt0108731
IRS990/OtherExpensesGrp/ProgramServicesAmt1348657
IRS990/OtherExpensesGrp/ProgramServicesAmt293861
IRS990/OtherExpensesGrp/ProgramServicesAmt3155600
IRS990/OtherExpensesGrp/TotalAmt0108731
IRS990/OtherExpensesGrp/TotalAmt1348657
IRS990/OtherExpensesGrp/TotalAmt293861
IRS990/OtherExpensesGrp/TotalAmt3155600
IRS990/PartialLiquidationInd0false
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0204205
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt072320
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt060000
IRS990/PrincipalOfficerNm0AFAM ONYEMA
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0793912
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt07588
IRS990/PYOtherExpensesAmt0523258
IRS990/PYRevenuesLessExpensesAmt0-14544
IRS990/PYSalariesCompEmpBnftPaidAmt0292786
IRS990/PYTotalExpensesAmt0816044
IRS990/PYTotalRevenueAmt0801500
IRS990/ReconcilationRevenueExpnssAmt038847
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0970671
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt01009518
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01043700
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0819990
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01837217
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01086195
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0827117
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt05614219
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.90410
IRS990ScheduleA/PublicSupportPY170Pct00.94580
IRS990ScheduleA/PublicSupportTotal170Amt05075855
IRS990ScheduleA/SubstantialContributorsTotAmt0538364
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01043700
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0819990
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01837217
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01086195
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0827117
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt05614219
IRS990ScheduleA/TotalSupportAmt05614219
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/ExpensesSubtotalAmt01028271
IRS990ScheduleD/RevenueSubtotalAmt01067118
IRS990ScheduleD/TotalExpensesPerForm990Amt01028271
IRS990ScheduleD/TotalRevenuePerForm990Amt01067118
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01067118
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01028271
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt07822
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0OMAZE-TYRESE
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm02021 LA
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0163483
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt081944
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0245427
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0163483
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt081944
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0245427
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0237605
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt07822
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt07822
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0130277
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount051505
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0AFAM ONYEMA
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO AND CO-FOUNDER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0181782
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DR. GODWIN ONYEMA (PRESIDENT AND CO-FOUNDER) IS THE FATHER OF AFAM ONYEMA (CEO AND CO-FOUNDER).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CEO AND CO-FOUNDER REVIEW THE 990 IN DETAIL BEFORE IT IS FINALIZED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FOUNDATION HAS A CONFLICT OF INTEREST POLICY THAT ALL DIRECTORS AND EMPLOYEES ADHERE TO.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CEO AND CO-FOUNDER AFAM ONYEMAS COMPENSATION IN 2021 WAS $181,782. PRESIDENT AND CO-FOUNDER GODWIN ONYEMAS COMPENSATION WAS $81,276. COMPENSATION WAS DETERMINED THROUGH CONSULTATION AND REVIEW OF THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4MADE AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5OTHER EXPENSES INCLUDE DEVELOPMENT, OUTREACH, FUNDRAISING, CORONAVIRUS INITIATIVES, MATERNAL HEALTH, MEDICAL MISSION, CGI AND EDUCATIONAL RELATED EXPENSES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Officer directors etc family relationship Part VI line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5List of other expenses Part IX line 24e
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/StatesWhereCopyOfReturnIsFldCd1IL
IRS990/StatesWhereCopyOfReturnIsFldCd2NY
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01042353
IRS990/TotalAssetsEOYAmt01064873
IRS990/TotalAssetsGrp/BOYAmt01042353
IRS990/TotalAssetsGrp/EOYAmt01064873
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalContributionsAmt01043700
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt063225
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt064768
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0900278
IRS990/TotalFunctionalExpensesGrp/TotalAmt01028271
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt071682
IRS990/TotalLiabilitiesEOYAmt055355
IRS990/TotalLiabilitiesGrp/BOYAmt071682
IRS990/TotalLiabilitiesGrp/EOYAmt055355
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0970671
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01009518
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0900278
IRS990/TotalReportableCompFromOrgAmt0263057
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt023418
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01067118
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01042353
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01064873
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/FundraisingAmt0633
IRS990/TravelGrp/ManagementAndGeneralAmt03800
IRS990/TravelGrp/ProgramServicesAmt01900
IRS990/TravelGrp/TotalAmt06333
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0WWW.GEANCO.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd000
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0AFAM ONYEMA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum07084391462
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-08-26
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE GEANCO FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0GEAN
ReturnHeader/Filer/EIN0203498204
ReturnHeader/Filer/USAddress/AddressLine1Txt0350 S GRAND AVENUE 25TH FLOOR
ReturnHeader/Filer/USAddress/CityNm0LOS ANGELES
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd090071
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0475221880
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PAP CPA INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0102 N EVERGREEN AVENUE SUITE 220
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ARLINGTON HEIGHTS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060004
ReturnHeader/PreparerPersonGrp/PhoneNum08479424946
ReturnHeader/PreparerPersonGrp/PreparationDt02022-08-26
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PETE A PACILIO CPA
ReturnHeader/ReturnTs02022-08-26T09:31:27-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0AFAM
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0ONYEMA
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,064,873
Liabilities
$55,355
Net assets
$1,009,518
Revenue
$1,067,118
Expenses
$1,028,271
Net income
$38,847
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.91$0.08$0.83$1.08$1.14$0.06
2023Summary only. Only limited summary data is available for this year.$0.95$0.08$0.87$1.13$1.03$0.10
2022Summary only. Only limited summary data is available for this year.$0.75$0.02$0.73$0.62$0.87$0.25
2021Detailed filing. Detailed filing data is available for this year.$1.06$0.06$1.01$1.07$1.03$0.04
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.04$0.07$0.97$0.80$0.82$0.01
2019Summary only. Only limited summary data is available for this year.$1.05$0.07$0.99$1.74$1.67$0.07
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.98$0.06$0.92$1.00$0.77$0.23
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.70$0.01$0.69$0.78$1.41$0.63
2016Summary only. Only limited summary data is available for this year.$1.32$0.00$1.32$1.07$0.38$0.69
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.61$0.00$0.61$1.22$1.02$0.20
2014Summary only. Only limited summary data is available for this year.$0.42$0.00$0.42$0.44$0.16$0.27
2013Detailed filing. Detailed filing data is available for this year.$0.15$0.00$0.15$0.93$0.82$0.11
2012Summary only. Only limited summary data is available for this year.$0.03$0.00$0.03$0.18$0.17$0.00
2011Summary only. Only limited summary data is available for this year.$0.03$0.02$0.01$0.29$0.30$0.01
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2021 filings • 501(c)3 • $1M-$5M nonprofits