Civic Intelligence

Kwoe Foundation

990EZ • Fiscal year 2024 • EIN 47-1988487

Jan 01, 2024 to Dec 31, 2024

PO Box 87661Chicago, IL 60680

(773) 842-5185

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.00x

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

2024 filings • NTEE O50 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

63rd percentile

0.00x

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

2024 filings • NTEE O50 • <$500k nonprofits • Source year 2024

Net Margin

74th percentile

25%

Higher net margin than 74% of similar nonprofits.

2024 filings • NTEE O50 • <$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.

2024 filings • NTEE O50 • <$500k nonprofits • Source year 2024

Asset Growth

66th percentile

27%

Faster asset growth than 66% of similar nonprofits.

2024 filings • NTEE O50 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

77th percentile

51%

Faster revenue growth than 77% of similar nonprofits.

2024 filings • NTEE O50 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$198,284

Up $41,804 (+27%) from 2023

Net Assets

Up

$198,284

Up $41,804 (+27%) from 2023

Liabilities

Flat

$0

Flat from 2023

Revenue

Up

$170,232

Up $57,863 (+51%) from 2023

Expenses

Up

$128,428

Up $49,458 (+63%) from 2023

Net Income

Up

$41,804

Up $8,405 (+25%) from 2023

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2023: $156,480Liabilities 2023: $0Net Assets 2023: $156,4802023Assets 2024: $198,284Liabilities 2024: $0Net Assets 2024: $198,2842024Assets 2025: $138,142Liabilities 2025: $0Net Assets 2025: $138,1422025

Highlighted filing

2024

Assets$198,284
Liabilities$0
Net Assets$198,284

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2023: $112,369Expenses 2023: $78,970Net Income 2023: $33,3992023Revenue 2024: $170,232Expenses 2024: $128,428Net Income 2024: $41,8042024Revenue 2025: $141,384Expenses 2025: $201,526Net Income 2025: -$60,1422025

Highlighted filing

2024

Revenue$170,232
Expenses$128,428
Net Income$41,804
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Mar 16, 2026
Return Version
2024v5.0
Gross Receipts
$170,232
Mission and Program Overview

Mission

KWOE Foundation is organized and operated exclusively for charitable and educational purposes The organization supports underserved individuals and families through community-based outreach fundraising initiatives and charitable programming Its activities include organizing community drives providing direct assistance and delivering mission-driven programs that promote relief stability and well-being in the communities it serves

The organization is organized and operated exclusively for charitable and educational purposes including providing financial assistance scholarships and community-based support to individuals and families in need The organization conducts fundraising initiatives and outreach programs to support its charitable activities and promote community development and relief

Program Services

DescriptionGrantsExpenses
During 2024 the organization provided financial assistance scholarships and charitable support to individuals and families through community outreach and fundraising initiatives including its annual fundraising events and seasonal assistance programs These efforts supported individuals facing financial hardship and strengthened community engagement-$22,650
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kareem WellsFounderPT$0--
Filing and Contact Details

Filer

Filer Name
Kwoe Foundation
EIN
47-1988487
Phone
7738425185
Address
PO Box 87661, CHICAGO, IL 60680

Signing Officer

Name
Kareem Wells
Title
0
Phone
7738425185
Signed
2026-03-16
Supplemental Narrative

Additional Explanations

Schedule O:

Form 990-EZ, Part I, Line 10 ? Grants and Similar Amounts Paid During the tax year, the organization provided charitable assistance and grants to individuals and families in need as part of its mission to provide financial support and community assistance through fundraising and charitable programs. Form 990-EZ, Part I, Line 16 ? Other Expenses Other expenses consist primarily of program-related costs, fundraising event expenses, payment processing fees, marketing and outreach costs, and other administrative expenses necessary to support the organizations charitable activities and operations.

Raw XML Appendix181 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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IRS990EZ/PrintingPublicationsPostageAmt0640
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0During 2024 the organization provided financial assistance scholarships and charitable support to individuals and families through community outreach and fundraising initiatives including its annual fundraising events and seasonal assistance programs These efforts supported individuals facing financial hardship and strengthened community engagement
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt022650
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IRS990ScheduleA/AdjustedNetIncomeGrp/AdjustedGrossIncomeGrp/CurrentYearAmt00
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0257186
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Form 990-EZ, Part I, Line 10 ? Grants and Similar Amounts Paid During the tax year, the organization provided charitable assistance and grants to individuals and families in need as part of its mission to provide financial support and community assistance through fundraising and charitable programs. Form 990-EZ, Part I, Line 16 ? Other Expenses Other expenses consist primarily of program-related costs, fundraising event expenses, payment processing fees, marketing and outreach costs, and other administrative expenses necessary to support the organizations charitable activities and operations.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule O:
ReasonableCauseExplanation/ExplanationTxt0The organization initially prepared its annual filing using preliminary financial totals and later identified discrepancies during final review of its accounting records Upon completion of its year-end reconciliation the organization confirmed that gross receipts were below the Form 990-EZ filing threshold and prepared this return to accurately report its financial activity The delay was not due to willful neglect and the organization has implemented additional internal review procedures to ensure timely and accurate filings going forward
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Kareem Wells
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt00
ReturnHeader/BusinessOfficerGrp/PhoneNum07738425185
ReturnHeader/BusinessOfficerGrp/SignatureDt02026-03-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0KWOE FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0KWOE
ReturnHeader/Filer/EIN0471988487
ReturnHeader/Filer/PhoneNum07738425185
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 87661
ReturnHeader/Filer/USAddress/CityNm0CHICAGO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060680
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/ReturnTs02026-03-16T22:30:05Z
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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Filings