Civic Intelligence

Ifa Foundation

990 • Fiscal year 2010 • EIN 36-3655118

Jan 01, 2010 to Dec 31, 2010 • Filed on Jun 07, 2011

4073 North Chinook Lane32174
Siviq Scores

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

Liabilities / Assets

1st percentile

-0.25x

Higher debt load relative to assets than 1% of similar nonprofits.

2010 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2010

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2010

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2010

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2010

Asset Growth

Score unavailable

No value available

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

Source year 2010

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

$714,210

No earlier filing loaded for comparison.

Net Assets

$891,483

No earlier filing loaded for comparison.

Liabilities

-$177,273

No earlier filing loaded for comparison.

Revenue

-

No earlier filing loaded for comparison.

Expenses

$212,995

No earlier filing loaded for comparison.

Net Income

-

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.

$1.0M$500K$0-$500KAssets 2010: $714,210Liabilities 2010: -$177,273Net Assets 2010: $891,4832010Assets 2011: $891,483Liabilities 2011: $0Net Assets 2011: $891,4832011Assets 2012: $930,393Liabilities 2012: $0Net Assets 2012: $930,3932012Assets 2013: $921,342Liabilities 2013: $0Net Assets 2013: $921,3422013Assets 2014: $965,300Liabilities 2014: $0Net Assets 2014: $965,3002014Assets 2015: $971,741Liabilities 2015: $0Net Assets 2015: $971,7412015Assets 2016: $881,213Liabilities 2016: $0Net Assets 2016: $881,2132016Assets 2017: $910,622Liabilities 2017: $0Net Assets 2017: $910,6222017Assets 2018: $893,495Liabilities 2018: $0Net Assets 2018: $893,4952018Assets 2019: $881,495Liabilities 2019: $0Net Assets 2019: $881,4952019Assets 2020: $890,588Liabilities 2020: $0Net Assets 2020: $890,5882020Assets 2021: $776,455Liabilities 2021: $0Net Assets 2021: $776,4552021Assets 2022: $676,790Liabilities 2022: $0Net Assets 2022: $676,7902022Assets 2023: $477,890Liabilities 2023: $0Net Assets 2023: $477,8902023Assets 2024: $477,890Liabilities 2024: $0Net Assets 2024: $477,8902024

Highlighted filing

2010

Assets$714,210
Liabilities-$177,273
Net Assets$891,483

Operations Trend

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

$400K$200K$0-$200KExpenses 2010: $212,9952010Expenses 2011: $306,0002011Expenses 2012: $334,8502012Revenue 2013: $321,084Expenses 2013: $268,940Net Income 2013: $52,1442013Revenue 2014: $314,318Expenses 2014: $270,360Net Income 2014: $43,9582014Revenue 2015: $326,032Expenses 2015: $293,391Net Income 2015: $32,6412015Revenue 2016: $244,355Expenses 2016: $215,628Net Income 2016: $28,7272016Revenue 2017: $276,690Expenses 2017: $247,119Net Income 2017: $29,5712017Revenue 2018: $215,800Expenses 2018: $232,500Net Income 2018: -$16,7002018Revenue 2019: $207,100Expenses 2019: $219,100Net Income 2019: -$12,0002019Revenue 2020: $229,372Expenses 2020: $220,279Net Income 2020: $9,0932020Revenue 2021: $274,885Expenses 2021: $336,403Net Income 2021: -$61,5182021Revenue 2022: $164,989Expenses 2022: $258,654Net Income 2022: -$93,6652022Revenue 2023: $206,780Expenses 2023: $82,614Net Income 2023: $124,1662023Revenue 2024: $184,031Expenses 2024: $47,100Net Income 2024: $136,9312024

Highlighted filing

2010

Revenue-
Expenses$212,995
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2010 to Dec 31, 2010
Signed
Jun 7, 2011
Return Version
2010v3.2
Gross Receipts
$366,412
Mission and Program Overview

Mission

The Ifa Foundation through its Ola Olu Spiritual Retreat, Workshops, books and English and Spanish language websites provides education and service facilities to educate the public regarding the ancient African philosophy of Ifa. We create and maintain the only complete Sacred Orisha Gardens in the Western Hemisphere open to the public at no charge. A new program for inmates (continues on Schedule 0, statement 3)

Major Activities

Activity 2
Religious Programs, General/Other: The Foundation has created the first, and only, North American replica of the original Sacred Orisa Gardens in Oshogbo, Africa. These sacred garden shrines represent the indigenous ancient Orisa energies that comprise the foundation of the philosophy of Ifa. These shrines are open, at no cost, to the public 365 days per year. Scheduled informative tours are per appointment to Academic institutions and groups of students.
Activity 3
The Foundation conducts workshops for individuals, families, groups of students from k-12 as well as Universities and colleges. Additionally our Outreach projects include members going into schools and higher educational facilities to lecture on various aspects of the Ifa Philosophy. These include comparative studies of the philosophical differences in the world view of Death in Western and African culture, the understanding of Character and the African symbiotic view of man and nature.
Filing and Contact Details

Filer

EIN
36-3655118
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IRS990/Activity2/Description0Religious Programs, General/Other: The Foundation has created the first, and only, North American replica of the original Sacred Orisa Gardens in Oshogbo, Africa. These sacred garden shrines represent the indigenous ancient Orisa energies that comprise the foundation of the philosophy of Ifa. These shrines are open, at no cost, to the public 365 days per year. Scheduled informative tours are per appointment to Academic institutions and groups of students.
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IRS990/ActivityOrMissionDescription0The Ifa Foundation disseminates information regarding the ancient African philosophy of Ifa. 1.The Foundation has created the only, North American replica of the original Sacred Orisa Gardens in Oshogbo, Africa These shrines are open, at no cost, to the public 365 days per year.2.The Foundation disseminates information via a number of major Internet sites. http://www.ifafoundation.org, with over 1,700,000 unique visitors, ifacollege.com, offering more than two dozen diverse scholars from all over the world who teach and answer inquiries at no cost.3.The Foundation conducts more than a dozen Workshops,ceremonies and initiations each year.
IRS990/ActivityOther/Description0The Foundation expanded it's outreach program for state and federal prison inmates seeking to formally practice their religious beliefs while incarcerated. This included assigning Ifa Foundation members and priests for personal visits and counseling as well as a monthly newsletter mailed to inmates.
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IRS990/Description0Theology & Comparative Religion Programs: The Foundation continued to provide an ever increasing educational presence through multi-lingual Internet sites. This involved the beginning of a totally re-designed theme more effectively inter-relating the internet presence of the Ifa Foundation home site, the Ifa college site, the Ifa Blog site and the dramatically expanded the Sacred Spiritual Gardens site
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IRS990/MissionDescription0The Ifa Foundation through its Ola Olu Spiritual Retreat, Workshops, books and English and Spanish language websites provides education and service facilities to educate the public regarding the ancient African philosophy of Ifa. Also maintain the only complete Sacred Orisha Gardens in the Western Hemisphere open to the public at no charge.
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IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation0Items fall into two general categories: Sacred Orisha Gardens at Ola Olu, the spiritual retreat of the Ifa Foundation in central fl. These extensive sculptures within 20 individual gardens include ancient African artifacts accumulated during 30plus years. These add historic ase' (energy) to these living examples of Ancient Yoruba religious figures open to the public.. In addition, individual items, ceremonial objects, art and religious objects used in the historical practice of Orisha worship are used in ceremonies and educational lectures in schools and universities.
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IRS990ScheduleO/GeneralExplanation/Explanation0Continued expansion and creation of the Sacred Orisha Spiritual Gardens and sculptures, the only complete garden of its type in the Western Hemisphere open to the public. Extended our educational training for active priests to a no fee two year internet course. Provided handicap bathroom facilities for visitors.
IRS990ScheduleO/GeneralExplanation/Explanation1Husband Philip Neimark , Wife; Vassa Neimark, both directors and key participants in activities of Foundation
IRS990ScheduleO/GeneralExplanation/Explanation2Following Board members cannot be reached at general offices: 1. John Stafford, 45 N. Green Bay road. Lake Forest, Il. 60045 2. Tanya Husain, 7350 w. 92nd, Zionsville, IN 46077 3. Glen Marion Lewis, Spechstraat 4, 6921 KE Duiven, Gelderland, the Netherlands 6921,Netherlands
IRS990ScheduleO/GeneralExplanation/Explanation3Details are submitted at Board Meeting
IRS990ScheduleO/GeneralExplanation/Explanation4Guidestar (http://www2.guidestar.org/organizations/36-3655118/ifa-foundation.aspx)
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IRS990/TotalRevenue/UnrelatedBusinessRevenue00
IRS990/TransactionRelatedEntity00
IRS990/TransfersToExemptNonChrtblOrg00
IRS990/TravelEntrtnmntPublicOfficials/ProgramServices00
IRS990/TravelEntrtnmntPublicOfficials/Total00
IRS990/Travel/ProgramServices00
IRS990/Travel/Total00
IRS990/TypeOfOrganizationCorporation0X
IRS990/UnrelatedBusinessIncome00
IRS990/UnrestrictedNetAssets/BOY0946864
IRS990/UnrestrictedNetAssets/EOY0891483
IRS990/UnsecuredNotesLoansPayable/BOY00
IRS990/UnsecuredNotesLoansPayable/EOY00
IRS990/UponRequest0X
IRS990/WebSite0www.ifafoundation.org
IRS990/WhistleblowerPolicy00
IRS990/YearFormation01982
ReasonableCauseExplanation/Explanation0approved late filing

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.78$0.00$4.78$1.84$0.47$1.37
2023Detailed filing. Detailed filing data is available for this year.$4.78$0.00$4.78$2.07$0.83$1.24
2022Detailed filing. Detailed filing data is available for this year.$6.77$0.00$6.77$1.65$2.59$0.94
2021Detailed filing. Detailed filing data is available for this year.$7.76$0.00$7.76$2.75$3.36$0.62
2020Detailed filing. Detailed filing data is available for this year.$8.91$0.00$8.91$2.29$2.20$0.09
2019Detailed filing. Detailed filing data is available for this year.$8.81$0.00$8.81$2.07$2.19$0.12
2018Detailed filing. Detailed filing data is available for this year.$8.93$0.00$8.93$2.16$2.33$0.17
2017Detailed filing. Detailed filing data is available for this year.$9.11$0.00$9.11$2.77$2.47$0.30
2016Detailed filing. Detailed filing data is available for this year.$8.81$0.00$8.81$2.44$2.16$0.29
2015Detailed filing. Detailed filing data is available for this year.$9.72$0.00$9.72$3.26$2.93$0.33
2014Detailed filing. Detailed filing data is available for this year.$9.65$0.00$9.65$3.14$2.70$0.44
2013Detailed filing. Detailed filing data is available for this year.$9.21$0.00$9.21$3.21$2.69$0.52
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.30$0.00$9.30$3.35
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.91$0.00$8.91$3.06
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.14$1.77$8.91$2.13