Civic Intelligence

Disatu Eyes Foundation Inc

EIN 47-2800344 • 501(c)3 • Pennington, NJ

Profile

The organization's mission is to serve the educational needs of underprivileged students and provide funding to establish charitable causes.

5 Hunters RidgePennington, NJ 08534

eyes.foundation

Siviq Scores

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

Liabilities / Assets

31st percentile

0.00x

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

NTEE P • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

32nd percentile

0.00x

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

NTEE P • $500k-$1M nonprofits • Source year 2024

Net Margin

6th percentile

-52%

Higher net margin than 6% of similar nonprofits.

NTEE P • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

48th percentile

$0

Higher top officer pay than 48% of similar nonprofits.

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

NTEE P • $500k-$1M nonprofits • Source year 2024

Asset Growth

41st percentile

0.0%

Faster asset growth than 41% of similar nonprofits.

NTEE P • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

76th percentile

43%

Faster revenue growth than 76% of similar nonprofits.

NTEE P • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Up

$619,154

Up $246 (+0.0%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$619,154

Up $246 (+0.0%) from 2023

Revenue

Up

$24,638

Up $7,422 (+43%) from 2023

Expenses

Up

$37,363

Up $8,959 (+32%) from 2023

Net Income

Down

-$12,725

Down $1,537 (-14%) from 2023

Trend Graphs

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2017: $269,783Liabilities 2017: $0Net Assets 2017: $269,7832017Assets 2018: $330,638Liabilities 2018: $0Net Assets 2018: $330,6382018Assets 2019: $377,730Liabilities 2019: $0Net Assets 2019: $377,7302019Assets 2020: $500,506Liabilities 2020: $0Net Assets 2020: $500,5062020Assets 2021: $572,897Liabilities 2021: $0Net Assets 2021: $572,8972021Assets 2022: $628,802Liabilities 2022: $0Net Assets 2022: $628,8022022Assets 2023: $618,908Liabilities 2023: $0Net Assets 2023: $618,9082023Assets 2024: $619,154Liabilities 2024: $0Net Assets 2024: $619,1542024

Highlighted filing

2024

Assets$619,154
Liabilities$0
Net Assets$619,154

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2017: $253,364Expenses 2017: $5,076Net Income 2017: $248,2882017Revenue 2018: $107,051Expenses 2018: $46,196Net Income 2018: $60,8552018Revenue 2019: $91,033Expenses 2019: $43,941Net Income 2019: $47,0922019Revenue 2020: $152,281Expenses 2020: $29,505Net Income 2020: $122,7762020Revenue 2021: $102,522Expenses 2021: $30,131Net Income 2021: $72,3912021Revenue 2022: $84,139Expenses 2022: $28,234Net Income 2022: $55,9052022Revenue 2023: $17,216Expenses 2023: $28,404Net Income 2023: -$11,1882023Revenue 2024: $24,638Expenses 2024: $37,363Net Income 2024: -$12,7252024

Highlighted filing

2024

Revenue$24,638
Expenses$37,363
Net Income-$12,725

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jul 28, 2025
Return Version
2024v5.0
Gross Receipts
$24,638
Mission and Program Overview

Mission

The organization's mission is to serve the educational needs of underprivileged students and provide funding to establish charitable causes.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$618,908$619,154▲ $246
Savings and Temporary Cash Investments$340,017$341,182▲ $1,165
Investments in Publicly Traded Securities$132,652$148,998▲ $16,346
Land, Buildings, and Equipment, Net$18,732$12,972▼ $5,760
Cash and Non-Interest-Bearing Accounts$21,395$9,890▼ $11,505
Total Assets$618,908$619,154▲ $246
Other Assets Total$106,112$106,112→ $0
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$618,908$619,154▲ $246
Total Liabilities and Net Assets / Fund Balance$618,908$619,154▲ $246

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$106,112--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Shiferaw GebremariamPresident
Daniel ShirerawSecretary
Teshome GebremariamVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$10,503
Program Service Revenue
$0
Investment Income
$14,135
Other Revenue
$0
All Other Contributions
$10,503
Change in Net Assets
$-12,725
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$35,072
Salaries, Compensation, and Employee Benefits$2,291
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$23,701$2,864-$26,565
Depreciation Depletion$5,760--$5,760
Office Expenses$2,504$84-$2,588
Other Salaries and Wages$2,291--$2,291
Information Technology$159--$159
Total Functional Expenses$34,415$2,948$0$37,363
International Activity

International Summary

Offices
1
Employees
7

International Compliance

Foreign grant records maintained
No
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Sub-saharan AfricaProgram ServiceEducation - School17-
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
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
No
Backup withholding compliance
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

Shiferaw gebremariam daniel shiferaw president secretary father/son shiferaw gebremariam teshome gebremariam president vice preside brothers

Form 990, Page 6, Part VI, Line 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Disatu Eyes Foundation Inc
EIN
47-2800344
Phone
6092712567
Address
5 HUNTERS RIDGE, PENNINGTON, NJ 08534

Signing Officer

Name
Shiferaw Gebremariam
Title
President
Phone
6092712567
Signed
2025-07-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Shiferaw Gebremariam
Formed
2014
Legal Domicile
Pa
Voting Board Members
5
Independent Board Members
5
Employees
0

Preparer

Firm
Cerity Partners
Address
4101 LAKE BOONE TRAIL STE 200, RALEIGH, NC 27607
Preparer
Amy M Swartzfager CPA
Phone
9197849100
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

Volunteer provide training in leadership, computer skills and english.

Form 990, Page 2, Part III, Line 4D

Acquired registration in ethiopia to provide educational needs to underprivileged students. Opened a school for underpriviledged girls in ethiopia in november.

Form 990, Part V, Line 4B

ETHIOPIA

Form 990, Part IX, Line 11G

Student lunch fees 448 0 0 student stipends 1,068 0 0 repairs & maintenance 1,175 0 0 supplies 21,926 0 0 exchange rate gain -918 0 0 journalist allowance 0 2,864 0 income tax 2 0 0 total 23,701 2,864 0

Raw XML Appendix303 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/ProgSrvcAccomActyOtherGrp/Desc0ACQUIRED REGISTRATION IN ETHIOPIA TO PROVIDE EDUCATIONAL NEEDS TO UNDERPRIVILEGED STUDENTS. OPENED A SCHOOL FOR UNDERPRIVILEDGED GIRLS IN ETHIOPIA IN NOVEMBER.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ETHIOPIA
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3SHIFERAW GEBREMARIAM DANIEL SHIFERAW PRESIDENT SECRETARY FATHER/SON SHIFERAW GEBREMARIAM TESHOME GEBREMARIAM PRESIDENT VICE PRESIDE BROTHERS
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6STUDENT LUNCH FEES 448 0 0 STUDENT STIPENDS 1,068 0 0 REPAIRS & MAINTENANCE 1,175 0 0 SUPPLIES 21,926 0 0 EXCHANGE RATE GAIN -918 0 0 JOURNALIST ALLOWANCE 0 2,864 0 INCOME TAX 2 0 0 TOTAL 23,701 2,864 0
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ReturnHeader/Filer/USAddress/ZIPCd008534
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0271180831
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CERITY PARTNERS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04101 LAKE BOONE TRAIL STE 200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0RALEIGH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd027607
ReturnHeader/PreparerPersonGrp/PhoneNum09197849100
ReturnHeader/PreparerPersonGrp/PreparationDt02025-07-28
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0AMY M SWARTZFAGER CPA
ReturnHeader/ReturnTs02025-07-31T08:52:49-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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