Civic Intelligence

Igbobi College Old Boys Association Na

EIN 20-5101980 • 501(c)3 • Duluth, GA

Profile

Supporting alma matter to keep up the standard of the school.

6555 Sugarloaf Parkway Ste 307-106Duluth, GA 30097

www.icobana.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

75th percentile

21%

Higher net margin than 75% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

74th percentile

18%

Faster asset growth than 74% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

90th percentile

85%

Faster revenue growth than 90% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets60th percentile

Assets

Up

$260,956

Up $39,590 (+18%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$260,956

Up $39,590 (+18%) from 2023

Operations
Liabilities / Revenue62nd percentileNet Margin75th percentile

Revenue

Up

$192,995

Up $88,593 (+85%) from 2023

Expenses

Up

$153,405

Up $102,208 (+200%) from 2023

Net Income

Down

$39,590

Down $13,615 (-26%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth74th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300K$200K$100K$0Assets 2018: $77,952Liabilities 2018: $75Net Assets 2018: $77,8772018Assets 2019: $80,036Liabilities 2019: $0Net Assets 2019: $80,0362019Assets 2020: $87,050Liabilities 2020: $0Net Assets 2020: $87,0502020Assets 2021: $125,995Liabilities 2021: $0Net Assets 2021: $125,9952021Assets 2022: $168,161Liabilities 2022: $0Net Assets 2022: $168,1612022Assets 2023: $221,366Liabilities 2023: $0Net Assets 2023: $221,3662023Assets 2024: $260,956Liabilities 2024: $0Net Assets 2024: $260,9562024

Highlighted filing

2024

Assets$260,956
Liabilities$0
Net Assets$260,956
Open 2024 Filing

Operations Trend

Revenue Growth90th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$150K$100K$50K$0-$50KRevenue 2018: $24,422Expenses 2018: $20,107Net Income 2018: $4,3152018Revenue 2019: $23,968Expenses 2019: $21,809Net Income 2019: $2,1592019Revenue 2020: $3,401Expenses 2020: -$2,614Net Income 2020: $6,0152020Revenue 2021: $52,253Expenses 2021: $13,309Net Income 2021: $38,9442021Revenue 2022: $130,858Expenses 2022: $19,582Net Income 2022: $111,2762022Revenue 2023: $104,402Expenses 2023: $51,197Net Income 2023: $53,2052023Revenue 2024: $192,995Expenses 2024: $153,405Net Income 2024: $39,5902024

Highlighted filing

2024

Revenue$192,995
Expenses$153,405
Net Income$39,590
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$260,956
Liabilities
$0
Net assets
$260,956
Revenue
$192,995
Expenses
$153,405
Net income
$39,590
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.61$0.00$2.61$1.93$1.53$0.40
2023Detailed filing. Detailed filing data is available for this year.$2.21$0.00$2.21$1.04$0.51$0.53
2022Detailed filing. Detailed filing data is available for this year.$1.68$0.00$1.68$1.31$0.20$1.11
2021Detailed filing. Detailed filing data is available for this year.$1.26$0.00$1.26$0.52$0.13$0.39
2020Detailed filing. Detailed filing data is available for this year.$0.87$0.00$0.87$0.03$0.03$0.06
2019Detailed filing. Detailed filing data is available for this year.$0.80$0.00$0.80$0.24$0.22$0.02
2018Detailed filing. Detailed filing data is available for this year.$0.78$0.00$0.78$0.24$0.20$0.04
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 8, 2025
Return Version
2024v5.2
Gross Receipts
$192,995
Mission and Program Overview

Mission

Supporting alma mater school to keep up the standard

Supporting alma matter to keep up the standard of the school

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$221,366$260,956▲ $39,590
Savings and Temporary Cash Investments$151,603$150,603▼ $1,000
Cash and Non-Interest-Bearing Accounts$69,763$110,353▲ $40,590
Total Assets$221,366$260,956▲ $39,590
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$221,366$260,956▲ $39,590
Total Liabilities and Net Assets / Fund Balance$221,366$260,956▲ $39,590
Compensation and Service Providers
Top Officer Pay81st percentile

Board Members and Trustees

NameTitle
Fela YemitanChairman
Tunde KazeemAssistant General Secretary
Wale GbalajobiEx-officio
Dapo OdunlamiGeneral Secretary
Olujimi OnanugaSocial and Publicity Secretary
Ibukun SoyeboTreasurer and Financial Seretary
Olu DomingoVice Chirman
Revenue and Support

Revenue Composition

Contributions and Grants
$192,995
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$97,254
Change in Net Assets
$39,590
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$152,041
Professional Fundraising Fees$1,364
Total Fundraising Expense$1,364
Grants and Similar Amounts Paid$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$139,144--$139,144
Fees for Services Legal-$5,704-$5,704
Advertising-$3,678-$3,678
Fees for Services Other-$2,800-$2,800
Fees for Services Professional Fundraising--$1,364$1,364
Other Expenses-$705-$705
Total Functional Expenses$139,144$12,897$1,364$153,405
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$1,364
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
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Part VI, Section A, Line 6

“Membership is open to all old students of igbobi college lagos nigeria”

PART VI, SECTION A, LINE 7A

“Officers volunteer to serve, members vote for the officers.”

PART VI, SECTION A, LINE 8A

“General secretary takes notes and documents all meetings held during the year”

PART VI, SECTION A, LINE 8B

“Executive committee secretary takes notes and documents all meetings held during the year”

Part VI, Section B, Line 11

“All members of the governing council review the form 990 before its filling”

PART VI, SECTION B, LINE 12C

“Potential for conflict of interest is disclosed during each meeting”

PART VI, SECTION B, LINE 15A

“Organization is strictly on a volunteer basis without compensation”

PART VI, SECTION B, LINE 15B

“Organization is strictly on a volunteer basis without compensation.”

Part VI, Section C, Line 19

“Electronic copies of documents available upon request.”

Filing and Contact Details

Filer

Filer Name
Igbobi College Old Boys Association Na
EIN
20-5101980
Phone
6785950663
Address
6555 SUGARLOAF PARKWAY STE 307-106, DULUTH, GA 30097

Signing Officer

Name
Ibukun Soyebo
Title
Treasurer
Phone
6785950663
Signed
2025-11-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ibukun Soyebo
Formed
2006
Legal Domicile
Az
Voting Board Members
7
Independent Board Members
7
Employees
0

Preparer

Firm
Eskay Consulting Group LLC
Address
6495 CHURCH ST, RIVERDALE, GA 30274
Preparer
Alani I Akintoye
Phone
7709943313
Supplemental Narrative

Additional Explanations

PART IX, LINE 11G

“INDEPENDENT CONTRACTORS”

Raw XML Appendix323 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.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt2GENERAL SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3ASSISTANT GENERAL SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4TREASURER AND FINANCIAL SERETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5SOCIAL AND PUBLICITY SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt6EX-OFFICIO
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0INDEPENDENT CONTRACTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERSHIP IS OPEN TO ALL OLD STUDENTS OF IGBOBI COLLEGE LAGOS NIGERIA
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2OFFICERS VOLUNTEER TO SERVE, MEMBERS VOTE FOR THE OFFICERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GENERAL SECRETARY TAKES NOTES AND DOCUMENTS ALL MEETINGS HELD DURING THE YEAR
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4EXECUTIVE COMMITTEE SECRETARY TAKES NOTES AND DOCUMENTS ALL MEETINGS HELD DURING THE YEAR
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ALL MEMBERS OF THE GOVERNING COUNCIL REVIEW THE FORM 990 BEFORE ITS FILLING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6POTENTIAL FOR CONFLICT OF INTEREST IS DISCLOSED DURING EACH MEETING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7ORGANIZATION IS STRICTLY ON A VOLUNTEER BASIS WITHOUT COMPENSATION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8ORGANIZATION IS STRICTLY ON A VOLUNTEER BASIS WITHOUT COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9ELECTRONIC COPIES OF DOCUMENTS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0PART IX, LINE 11g
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2PART VI, SECTION A, LINE 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3PART VI, SECTION A, LINE 8a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4PART VI, SECTION A, LINE 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6PART VI, SECTION B, LINE 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7PART VI, SECTION B, LINE 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8PART VI, SECTION B, LINE 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9PART VI, SECTION C, LINE 19
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0139144
IRS990/TotalFunctionalExpensesGrp/TotalAmt0153405
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0221366
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0260956
IRS990/TotalProgramServiceExpensesAmt0139144
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0192995
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0221366
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0260956
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationAssocInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/USAddress/AddressLine1Txt01710 STONEOAK CIRCLE
IRS990/USAddress/CityNm0LAWRENCEVILLE
IRS990/USAddress/StateAbbreviationCd0GA
IRS990/USAddress/ZIPCd030043
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.ICOBANA.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0IBUKUN SOYEBO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum06785950663
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0IGBOBI COLLEGE OLD BOYS ASSOCIATION NA
ReturnHeader/Filer/BusinessNameControlTxt0IGBO
ReturnHeader/Filer/EIN0205101980
ReturnHeader/Filer/PhoneNum06785950663
ReturnHeader/Filer/USAddress/AddressLine1Txt06555 SUGARLOAF PARKWAY STE 307-106
ReturnHeader/Filer/USAddress/CityNm0DULUTH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0GA
ReturnHeader/Filer/USAddress/ZIPCd030097
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0582621508
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ESKAY CONSULTING GROUP LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt06495 CHURCH ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0RIVERDALE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0GA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd030274
ReturnHeader/PreparerPersonGrp/PhoneNum07709943313
ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ALANI I AKINTOYE
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-11-08T00:21:31-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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