Civic Intelligence

Azariah Foundation Inc

990EZ • Fiscal year 2014 • EIN 26-1878271

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 09, 2015

306 S Poppleton StreetBaltimore, MD 21230

(240) 422-6553

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.01x

Higher debt load relative to assets than 62% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

55th percentile

0.00x

Higher debt load relative to revenue than 55% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

44th percentile

0.8%

Higher net margin than 44% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

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

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Assets

$3,810

No earlier filing loaded for comparison.

Net Assets

$3,766

No earlier filing loaded for comparison.

Liabilities

$44

No earlier filing loaded for comparison.

Revenue

$196,170

No earlier filing loaded for comparison.

Expenses

$194,578

No earlier filing loaded for comparison.

Net Income

$1,592

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$20K$15K$10K$5.0K$0Assets 2014: $3,810Liabilities 2014: $44Net Assets 2014: $3,7662014Assets 2015: $16,585Liabilities 2015: $0Net Assets 2015: $16,5852015Assets 2016: $15,148Liabilities 2016: $0Net Assets 2016: $15,1482016Assets 2017: $13,677Liabilities 2017: $0Net Assets 2017: $13,6772017

Highlighted filing

2014

Assets$3,810
Liabilities$44
Net Assets$3,766

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2014: $196,170Expenses 2014: $194,578Net Income 2014: $1,5922014Revenue 2015: $433,485Expenses 2015: $420,710Net Income 2015: $12,7752015Revenue 2016: $2,115Expenses 2016: $3,552Net Income 2016: -$1,4372016Revenue 2017: $117Expenses 2017: $1,588Net Income 2017: -$1,4712017

Highlighted filing

2014

Revenue$196,170
Expenses$194,578
Net Income$1,592
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 9, 2015
Return Version
2014v5.0
Gross Receipts
$196,170
Mission and Program Overview

Mission

To empower less-privileged Nigerian children to maximize their potential and, in turn, give back to their communities. We do this by providing financial support, leadership development opportunities, and career guidance to these children.

Program Services

DescriptionGrantsExpenses
WAVE ACADEMY (http://waveacademies.org/) is a training and placement program for talented West African youths in the Hospitality sector. In 2014, WAVE trained 104 youths in a total of six training cycles. We cover tuition costs for their training as well as other operational costs. WAVE's objective is to 'up-skill' millions of youth to fill stable jobs that transform their incomes thereby driving scalable, replicable and sustainable impact and converting Africa's youth from demographic liabilities to "demographic dividends". By 2019, WAVE aims to train 25,000 youth annually, having cumulatively trained 50,000 youth in marketable skills to reach their true potential and supported them in stable jobs. On average, WAVE alumni will experience an income transformation of 3-4 times their baseline income (from $2/day to $6-8/day) through placements in frontline hospitality and retail jobs. Ultimately, our simple training and job placement model has the potential to restore dignity and enhance livelihoods for millions of West African youth, thereby restoring the social fabric of the region.$190,081$190,081
We sponsored the tuition for three high-school scholars. For two scholars, we sponsored tuition for three terms (semesters). For the third scholar, we covered tuition for for two terms (semesters) as this scholar graduated in the summer. Our objective is for our scholars to have a high quality education, graduate with a strong sense of purpose and be equipped with the tools to accomplish their goals. We aspire to instill in our scholars, a strong desire to contribute to their societies and to help the children who come after them. Our activities include the following: - Provide scholarships for less privileged students with strong potential. - Provide counseling and mentoring services to guide students' decision-making. - Partner with educational institutions and other philanthropic organizations with similar objectives. - Garner support from individuals and corporate organizations by publicizing and organizing fund-raising events. - Educate interested individuals on how they can contribute to improving access to education in Nigeria.$3,154$4,498
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
OLUSORE ANITA TAYLORPresident-$0--
IKEOLUWAPO OYENUGAVice President-$0--
OLUKEMI ABOLUDEFinancial Officer-$0--
YEWANDE FADOJUTMISocial Media Officer-$0--
OSIANOH ALIUSocial Media Officer-$0--
BUSOLA ONASILEMentor Program Director-$0--
Filing and Contact Details

Filer

Filer Name
Azariah Foundation Inc
EIN
26-1878271
Phone
2404226553
Address
306 S POPPLETON STREET, BALTIMORE, MD 21230

Signing Officer

Name
Olukemi Abolude
Title
Accounting Officer
Phone
3016937787
Signed
2015-11-09
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 10

Tuition Scholarships for three high school students (Azariah Scholars) : $3,1534; Donations and Grants remitted to WAVE HOSPITALITY to cover tuition for training as well as other related operational costs of providing trainings to underserved youths in Nigeria: $190,081

Form 990-EZ, Part I, Line 16

Description;Amount^Website Hosting Fee;99|Bank and Paypal Fees;193^Total;292^

Form 990-EZ, Part II, Line 26

Accounts payable - WAVE

Form 990-EZ, Part III, Line (28-31)

#####28. We sponsored the tuition for three high-school scholars. For two scholars, we sponsored tuition for three terms (semesters). For the third scholar, we covered tuition for for two terms (semesters) as this scholar graduated in the summer. Our objective is for our scholars to have a high quality education, graduate with a strong sense of purpose and be equipped with the tools to accomplish their goals. We aspire to instill in our scholars, a strong desire to contribute to their societies and to help the children who come after them. Our activities include the following: - Provide scholarships for less privileged students with strong potential. - Provide counseling and mentoring services to guide students' decision-making. - Partner with educational institutions and other philanthropic organizations with similar objectives. - Garner support from individuals and corporate organizations by publicizing and organizing fund-raising events. - Educate interested individuals on how they can contribute to improving access to education in Nigeria. #####29 WAVE ACADEMY (http://waveacademies.org/) is a training and placement program for talented West African youths in the Hospitality sector. In 2014, WAVE trained 104 youths in a total of six training cycles. We cover tuition costs for their training as well as other operational costs. WAVE's objective is to 'up-skill' millions of youth to fill stable jobs that transform their incomes thereby driving scalable, replicable and sustainable impact and converting Africa's youth from demographic liabilities to "demographic dividends". By 2019, WAVE aims to train 25,000 youth annually, having cumulatively trained 50,000 youth in marketable skills to reach their true potential and supported them in stable jobs. On average, WAVE alumni will experience an income transformation of 3-4 times their baseline income (from $2/day to $6-8/day) through placements in frontline hospitality and retail jobs. Ultimately, our simple training and job placement model has the potential to restore dignity and enhance livelihoods for millions of West African youth, thereby restoring the social fabric of the region.

Raw XML Appendix189 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Tuition Scholarships for three high school students (Azariah Scholars) : $3,1534; Donations and Grants remitted to WAVE HOSPITALITY to cover tuition for training as well as other related operational costs of providing trainings to underserved youths in Nigeria: $190,081
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3#####28. We sponsored the tuition for three high-school scholars. For two scholars, we sponsored tuition for three terms (semesters). For the third scholar, we covered tuition for for two terms (semesters) as this scholar graduated in the summer. Our objective is for our scholars to have a high quality education, graduate with a strong sense of purpose and be equipped with the tools to accomplish their goals. We aspire to instill in our scholars, a strong desire to contribute to their societies and to help the children who come after them. Our activities include the following: - Provide scholarships for less privileged students with strong potential. - Provide counseling and mentoring services to guide students' decision-making. - Partner with educational institutions and other philanthropic organizations with similar objectives. - Garner support from individuals and corporate organizations by publicizing and organizing fund-raising events. - Educate interested individuals on how they can contribute to improving access to education in Nigeria. #####29 WAVE ACADEMY (http://waveacademies.org/) is a training and placement program for talented West African youths in the Hospitality sector. In 2014, WAVE trained 104 youths in a total of six training cycles. We cover tuition costs for their training as well as other operational costs. WAVE's objective is to 'up-skill' millions of youth to fill stable jobs that transform their incomes thereby driving scalable, replicable and sustainable impact and converting Africa's youth from demographic liabilities to "demographic dividends". By 2019, WAVE aims to train 25,000 youth annually, having cumulatively trained 50,000 youth in marketable skills to reach their true potential and supported them in stable jobs. On average, WAVE alumni will experience an income transformation of 3-4 times their baseline income (from $2/day to $6-8/day) through placements in frontline hospitality and retail jobs. Ultimately, our simple training and job placement model has the potential to restore dignity and enhance livelihoods for millions of West African youth, thereby restoring the social fabric of the region.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part II, Line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part III, Line (28-31)
ReturnHeader/BuildTS02016-04-25 22:37:26Z
ReturnHeader/BusinessOfficerGrp/PersonNm0OLUKEMI ABOLUDE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0ACCOUNTING OFFICER
ReturnHeader/BusinessOfficerGrp/PhoneNum03016937787
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-11-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0AZARIAH FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0AZAR
ReturnHeader/Filer/EIN0261878271
ReturnHeader/Filer/PhoneNum02404226553
ReturnHeader/Filer/USAddress/AddressLine1Txt0306 S POPPLETON STREET
ReturnHeader/Filer/USAddress/CityNm0BALTIMORE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MD
ReturnHeader/Filer/USAddress/ZIPCd021230
ReturnHeader/ReturnTs02015-11-14T22:36:55-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

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