Civic Intelligence

Odunde Inc.

990EZ • Fiscal year 2015 • EIN 23-2311811

Jul 01, 2014 to Jun 30, 2015 • Filed on May 05, 2016

PO Box 21748Philadelphia, PA 19146

(215) 546-4879

Siviq Scores

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

Liabilities / Assets

80th percentile

0.16x

Higher debt load relative to assets than 80% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

75th percentile

0.04x

Higher debt load relative to revenue than 75% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

31st percentile

-4.5%

Higher net margin than 31% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

87th percentile

$31,480

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 31.3% of source-year revenue.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

18th percentile

-24%

Faster asset growth than 18% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

11th percentile

-44%

Faster revenue growth than 11% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Down

$28,738

Down $9,135 (-24%) from 2014

Net Assets

Down

$24,244

Down $7,549 (-24%) from 2014

Liabilities

Down

$4,494

Down $1,586 (-26%) from 2014

Revenue

Down

$100,415

Down $78,521 (-44%) from 2014

Expenses

Down

$104,934

Down $62,794 (-37%) from 2014

Net Income

Down

-$4,519

Down $15,727 (-140%) from 2014

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $71,985Liabilities 2011: $87,5422011Assets 2012: $49,150Liabilities 2012: $87,5422012Assets 2013: $25,138Liabilities 2013: $7,879Net Assets 2013: $17,2592013Assets 2014: $37,873Liabilities 2014: $6,080Net Assets 2014: $31,7932014Assets 2015: $28,738Liabilities 2015: $4,494Net Assets 2015: $24,2442015Assets 2016: $28,475Liabilities 2016: $2,356Net Assets 2016: $26,1192016Assets 2017: $47,182Liabilities 2017: $2,357Net Assets 2017: $44,8252017Assets 2018: $169,525Liabilities 2018: $2,356Net Assets 2018: $167,1692018Assets 2019: $185,026Liabilities 2019: $0Net Assets 2019: $185,0262019Assets 2020: $88,671Net Assets 2020: $88,6712020Assets 2021: $68,042Net Assets 2021: $68,0422021Assets 2022: $257,249Liabilities 2022: $0Net Assets 2022: $257,2492022Assets 2023: $373,776Liabilities 2023: $0Net Assets 2023: $373,7762023Assets 2024: $534,377Liabilities 2024: $14,815Net Assets 2024: $519,5622024

Highlighted filing

2015

Assets$28,738
Liabilities$4,494
Net Assets$24,244

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2011: $93,361Expenses 2011: $97,763Net Income 2011: -$4,4022011Revenue 2012: $94,272Expenses 2012: $117,107Net Income 2012: -$22,8352012Revenue 2013: $148,581Expenses 2013: $130,093Net Income 2013: $18,4882013Revenue 2014: $178,936Expenses 2014: $167,728Net Income 2014: $11,2082014Revenue 2015: $100,415Expenses 2015: $104,934Net Income 2015: -$4,5192015Revenue 2016: $85,627Expenses 2016: $83,752Net Income 2016: $1,8752016Revenue 2017: $138,951Expenses 2017: $120,245Net Income 2017: $18,7062017Revenue 2018: $175,659Expenses 2018: $113,907Net Income 2018: $61,7522018Revenue 2019: $174,257Expenses 2019: $156,400Net Income 2019: $17,8572019Revenue 2020: $53,528Expenses 2020: $76,231Net Income 2020: -$22,7032020Revenue 2021: $54,049Expenses 2021: $74,678Net Income 2021: -$20,6292021Revenue 2022: $385,849Expenses 2022: $205,225Net Income 2022: $180,6242022Revenue 2023: $403,383Expenses 2023: $347,320Net Income 2023: $56,0632023Revenue 2024: $493,610Expenses 2024: $340,860Net Income 2024: $152,7502024

Highlighted filing

2015

Revenue$100,415
Expenses$104,934
Net Income-$4,519
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
May 5, 2016
Return Version
2014v6.0
Gross Receipts
$142,158
Mission and Program Overview

Mission

To provide cultural awareness

Program Services

DescriptionGrantsExpenses
To provide African American cultural awareness by producing an annual festival in the city of Phila. called "ODUNE FESTIVAL." along with other educational activities.$61,500$75,111
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
OSHUNBUMI FERNANDEZExecutive DirectorFT$31,480-$31,480
STAN STRAUGHTERBoard Member-$0--
RAHIM ISLAMBoard Member-$0--
KENNY GAMBLEBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
ODUNDE Inc
EIN
23-2311811
Phone
2155464879
Address
PO Box 21748, Philadelphia, PA 19146

Signing Officer

Name
Oshunbumi Fernandez
Title
Executive Director
Phone
2155464879
Signed
2016-05-05
Discuss with paid preparer
Yes

Preparer

Firm
Anita T Conner & Associates PC
Address
766 Old York Road, Jenkintown, PA 19046
Preparer
Allyce Desiree Hudson CPA
Phone
2157828833
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 16

Advertising 10050. Business registration fees 271. Bank charges 95. Donations 500. Meals for meetings 320. Books, subscriptions, reference 98. Supplies 2617. Liability insurance 3184. Auto insurance 5022. Security 10. Storage 1117. Permits 575. Program supplies 3182. Travel and meetings 10252. Program costumes 6226. Interest expense 293. Business expenses 1654.

Form 990EZ, Part I, Line 20

Adjustment to write off prior year receivables. -3030.

Form 990EZ, Part II, Line 26

Chase credit card 6080. 4494.

Form 990, Part IX, Line 24F

Advertising miscellaneous professional services real estate taxes insurance

Raw XML Appendix168 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0ODUNDE INC
IRS990EZ/BooksInCareOfDetail/PhoneNum02155464879
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt02131 Fitzwater Street
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Philadelphia
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0PA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd019146
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt037873
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt028738
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt039722
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-4519
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt023748
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt037873
IRS990EZ/Form990TotalAssetsGrp/EOYAmt028738
IRS990EZ/FundraisingGrossIncomeAmt057350
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt0142158
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt01
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt031793
IRS990EZ/NetAssetsOrFundBalancesEOYAmt024244
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt031793
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt024244
IRS990EZ/OccupancyRentUtltsAndMaintAmt05184
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt040.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt031480
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0OSHUNBUMI FERNANDEZ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1STAN STRAUGHTER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2RAHIM ISLAM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3KENNY GAMBLE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Executive Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Board Member
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherChangesInNetAssetsAmt0-3030
IRS990EZ/OtherExpensesTotalAmt045466
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0To provide cultural awareness
IRS990EZ/PrintingPublicationsPostageAmt0779
IRS990EZ/ProgramServiceRevenueAmt045085
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0To provide African American cultural awareness by producing an annual festival in the city of Phila. called "ODUNE FESTIVAL." along with other educational activities.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt061500
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt075111
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt029757
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt041743
IRS990EZ/SpecialEventsNetIncomeLossAmt015607
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0PA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt06080
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt04494
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0104934
IRS990EZ/TotalProgramServiceExpensesAmt075111
IRS990EZ/TotalRevenueAmt0100415
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt084808
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0154463
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0113377
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt050123
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt071080
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0473851
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt01
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt01
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt01
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt03
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt057350
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt038650
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt035000
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt044148
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt022280
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0197428
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt01
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt01
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt01
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt03
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt0671279
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0142158
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0193113
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0148377
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt094271
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt093360
IRS990ScheduleA/Total509Grp/TotalAmt0671279
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0671282
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ADVERTISING 10050. BUSINESS REGISTRATION FEES 271. BANK CHARGES 95. DONATIONS 500. MEALS FOR MEETINGS 320. BOOKS, SUBSCRIPTIONS, REFERENCE 98. SUPPLIES 2617. LIABILITY INSURANCE 3184. AUTO INSURANCE 5022. SECURITY 10. STORAGE 1117. PERMITS 575. PROGRAM SUPPLIES 3182. TRAVEL AND MEETINGS 10252. PROGRAM COSTUMES 6226. INTEREST EXPENSE 293. BUSINESS EXPENSES 1654.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ADJUSTMENT TO WRITE OFF PRIOR YEAR RECEIVABLES. -3030.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CHASE CREDIT CARD 6080. 4494.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ADVERTISING MISCELLANEOUS PROFESSIONAL SERVICES REAL ESTATE TAXES INSURANCE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part II, Line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part IX, Line 24f
ReturnHeader/BuildTS02016-08-17 19:52:53Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0OSHUNBUMI FERNANDEZ
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum02155464879
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-05-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ODUNDE Inc
ReturnHeader/Filer/BusinessNameControlTxt0ODUN
ReturnHeader/Filer/EIN0232311811
ReturnHeader/Filer/PhoneNum02155464879
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 21748
ReturnHeader/Filer/USAddress/CityNm0Philadelphia
ReturnHeader/Filer/USAddress/StateAbbreviationCd0PA
ReturnHeader/Filer/USAddress/ZIPCd019146
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Anita T Conner & Associates PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0766 Old York Road
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Jenkintown
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd019046
ReturnHeader/PreparerPersonGrp/PhoneNum02157828833
ReturnHeader/PreparerPersonGrp/PreparationDt02016-05-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ALLYCE DESIREE HUDSON CPA
ReturnHeader/ReturnTs02016-05-11T14:45:55-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-07-01
ReturnHeader/TaxPeriodEndDt02015-06-30
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.34$0.15$5.20$4.94$3.41$1.53
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.74$0.00$3.74$4.03$3.47$0.56
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.57$0.00$2.57$3.86$2.05$1.81
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.68$0.68$0.54$0.75$0.21
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.89$0.89$0.54$0.76$0.23
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.85$0.00$1.85$1.74$1.56$0.18
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.70$0.02$1.67$1.76$1.14$0.62
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.47$0.02$0.45$1.39$1.20$0.19
2016Detailed filing. Detailed filing data is available for this year.$0.28$0.02$0.26$0.86$0.84$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.29$0.04$0.24$1.00$1.05$0.05
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.38$0.06$0.32$1.79$1.68$0.11
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.25$0.08$0.17$1.49$1.30$0.18
2012Summary only. Only limited summary data is available for this year.$0.49$0.88$0.94$1.17$0.23
2011Summary only. Only limited summary data is available for this year.$0.72$0.88$0.93$0.98$0.04