Civic Intelligence

The Voom Foundation

990EZ • Fiscal year 2014 • EIN 58-2678884

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 06, 2015

130 W Superior St Suite 926Duluth, MN 55802

(218) 727-8030

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

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

Source year 2014

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2014

Net Margin

83rd percentile

29%

Higher net margin than 83% 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

89th percentile

76%

Faster asset growth than 89% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

21st percentile

-22%

Faster revenue growth than 21% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Assets

Up

$29,233

Up $12,612 (+76%) from 2013

Net Assets

Up

$29,233

Up $12,612 (+76%) from 2013

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Down

$43,708

Down $12,447 (-22%) from 2013

Expenses

Down

$31,097

Down $19,815 (-39%) from 2013

Net Income

Up

$12,611

Up $7,368 (+141%) from 2013

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2013: $16,621Net Assets 2013: $16,6212013Assets 2014: $29,233Net Assets 2014: $29,2332014Assets 2015: $35,003Liabilities 2015: $02015Assets 2016: $36,420Net Assets 2016: $36,4202016Assets 2017: $10,275Liabilities 2017: $5,487Net Assets 2017: $4,7882017Assets 2018: $38,226Liabilities 2018: $2,116Net Assets 2018: $36,1102018Assets 2019: $35,656Liabilities 2019: $2,047Net Assets 2019: $33,6092019Assets 2020: $107,485Liabilities 2020: $18,054Net Assets 2020: $89,4312020Assets 2021: $196,735Liabilities 2021: $32,783Net Assets 2021: $163,9522021Assets 2022: $136,786Liabilities 2022: $35,334Net Assets 2022: $101,4522022Assets 2023: $172,928Liabilities 2023: $0Net Assets 2023: $172,9282023Assets 2024: $150,598Liabilities 2024: $8,984Net Assets 2024: $141,6142024

Highlighted filing

2014

Assets$29,233
Liabilities-
Net Assets$29,233

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MRevenue 2013: $56,155Expenses 2013: $50,912Net Income 2013: $5,2432013Revenue 2014: $43,708Expenses 2014: $31,097Net Income 2014: $12,6112014Revenue 2015: $67,831Expenses 2015: $62,061Net Income 2015: $5,7702015Revenue 2016: $139,884Expenses 2016: $138,467Net Income 2016: $1,4172016Revenue 2017: $282,973Expenses 2017: $314,605Net Income 2017: -$31,6322017Revenue 2018: $177,762Expenses 2018: $146,440Net Income 2018: $31,3222018Revenue 2019: $170,642Expenses 2019: $173,144Net Income 2019: -$2,5022019Revenue 2020: $157,009Expenses 2020: $101,186Net Income 2020: $55,8232020Revenue 2021: $253,390Expenses 2021: $178,869Net Income 2021: $74,5212021Revenue 2022: $233,635Expenses 2022: $296,135Net Income 2022: -$62,5002022Revenue 2023: $6,018,583Expenses 2023: $5,947,107Net Income 2023: $71,4762023Revenue 2024: $6,606,225Expenses 2024: $6,637,539Net Income 2024: -$31,3142024

Highlighted filing

2014

Revenue$43,708
Expenses$31,097
Net Income$12,611
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 6, 2015
Return Version
2014v5.0
Gross Receipts
$51,291
Mission and Program Overview

Mission

The voom foundation is an international medical humanitarian organization created by vincent ohaju in duluth, mn in 2004. Today, the voom foundation provides independent, impartial assistance in nigeria (and its surrounding areas) to people whose survival is threatened by violence, neglect, or catastrophe, primarily due to armed conflict, epidemic, malnutrition, exclusion from health care or natural disasters. The voom foundation provides independent, impartial assistance to those most in need. The voom foundation also reserves the right to speak out to bring attention to neglected crises, challenge inadequacies or abuse of the aid system, and to advocate for improved medical treatments and protocols. The vincent obioma ohaju memorial (voom) foundation was established to raise the standard of care and create sustainable medical education in nigeria. The voom foundation was born from the vision of dr. Vincent ohaju. Originally from the town of ihitte, in south eastern nigeria. Dr. Ohaju

Program Services

DescriptionGrantsExpenses
OUR MISSION TO PROVIDE STATE-OF-THE-ART HEALTH CARE, EDUCATION AND RELATED SERVICES TO A NEEDY NIGERIAN POPULATION. WE HAVE ACCOMPLISHED MULTIPLE CARDIOTHORACIC SURGERY MISSIONS TO ENUGU, NIGERIA. EACH MISSION INCLUDES OPEN HEART SURGERIES,TRAINING OF MEDICAL PROFESSIONALS, PROVISION OF SUPPLIES AND EQUIPMENT. WE HAVE SHIPPED MULTIPLE 40-FT CONTAINERS OF MEDICAL SUPPLIES AND EQUIPMENT FOR USE AT THE ENUGU UNIVERSITY OF NIGERIA TEACHING HOSPITAL.-$31,097
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
VINCENT OHAJUPresident-$0--
MICHAEL ESSIENSecretary-$0--
GREG GOLDMANTreasurer-$0--
LIVINGSTONE IGWEBoard Member-$0--
OKECHUKWU UKAGABoard Member-$0--
RAZA KAHNBoard Member-$0--
JAMES ABELSONBoard Member-$0--
JULIENNE ABELSONBoard Member-$0--
REZA KHODAVERDIANBoard Member-$0--
PAUL JAHNBoard Member-$0--
JOHN O'BRIENBoard Member-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Tenth Anniversa$18,802$18,802$441$18,361
Total Events$18,802$18,802$7,583$11,219
Filing and Contact Details

Filer

Filer Name
The Voom Foundation
EIN
58-2678884
Phone
2187278030
Address
130 W SUPERIOR ST SUITE 926, DULUTH, MN 55802

Signing Officer

Name
Greg Goldman
Title
Treasurer
Phone
2187278030
Signed
2015-11-06

Preparer

Firm
Kolquist Seitz & Goldman LLC
Address
130 W SUPERIOR ST STE 926, DULUTH, MN 55802-2056
Preparer
Greg Goldman
Phone
2187278030
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses bank charges 88 freight - medical equip 5,610 hospital patient release 1,585 state of minn fees 25 travel costs 23,789 total 31,097

Form 990-ez, Part III

The voom foundation is an international medical humanitarian organization created by vincent ohaju in duluth, mn in 2004. Today, the voom foundation provides independent, impartial assistance in nigeria (and its surrounding areas) to people whose survival is threatened by violence, neglect, or catastrophe, primarily due to armed conflict, epidemic, malnutrition, exclusion from health care or natural disasters. The voom foundation provides independent, impartial assistance to those most in need. The voom foundation also reserves the right to speak out to bring attention to neglected crises, challenge inadequacies or abuse of the aid system, and to advocate for improved medical treatments and protocols. The vincent obioma ohaju memorial (voom) foundation was established to raise the standard of care and create sustainable medical education in nigeria. The voom foundation was born from the vision of dr. Vincent ohaju. Originally from the town of ihitte, in south eastern nigeria. Dr. Ohaju had personally witnessed the effects from lack of available medical care on friends and family, including the loss of his father. Vincent obioma ohaju passed away in 1983 at the age of 56 due to complications from aspiration of a piece of meat, which is something that could be corrected with a simple procedure in even the smallest hospital in the united states. It was a close and personal reminder to dr. Ohaju that over 95% of the people in nigeria live without essential medical services. Dr. Ohaju believes those in a position to change that situation have an obligation to try.

Form 990-ez, Part III, Line 28

Our mission to provide state-of-the-art health care, education and related services to a needy nigerian population. We have accomplished multiple cardiothoracic surgery missions to enugu, nigeria. Each mission includes open heart surgeries,training of medical professionals, provision of supplies and equipment. We have shipped multiple 40-ft containers of medical supplies and equipment for use at the enugu university of nigeria teaching hospital.

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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/ExplanationTxt1THE VOOM FOUNDATION IS AN INTERNATIONAL MEDICAL HUMANITARIAN ORGANIZATION CREATED BY VINCENT OHAJU IN DULUTH, MN IN 2004. TODAY, THE VOOM FOUNDATION PROVIDES INDEPENDENT, IMPARTIAL ASSISTANCE IN NIGERIA (AND ITS SURROUNDING AREAS) TO PEOPLE WHOSE SURVIVAL IS THREATENED BY VIOLENCE, NEGLECT, OR CATASTROPHE, PRIMARILY DUE TO ARMED CONFLICT, EPIDEMIC, MALNUTRITION, EXCLUSION FROM HEALTH CARE OR NATURAL DISASTERS. THE VOOM FOUNDATION PROVIDES INDEPENDENT, IMPARTIAL ASSISTANCE TO THOSE MOST IN NEED. THE VOOM FOUNDATION ALSO RESERVES THE RIGHT TO SPEAK OUT TO BRING ATTENTION TO NEGLECTED CRISES, CHALLENGE INADEQUACIES OR ABUSE OF THE AID SYSTEM, AND TO ADVOCATE FOR IMPROVED MEDICAL TREATMENTS AND PROTOCOLS. THE VINCENT OBIOMA OHAJU MEMORIAL (VOOM) FOUNDATION WAS ESTABLISHED TO RAISE THE STANDARD OF CARE AND CREATE SUSTAINABLE MEDICAL EDUCATION IN NIGERIA. THE VOOM FOUNDATION WAS BORN FROM THE VISION OF DR. VINCENT OHAJU. ORIGINALLY FROM THE TOWN OF IHITTE, IN SOUTH EASTERN NIGERIA. DR. OHAJU HAD PERSONALLY WITNESSED THE EFFECTS FROM LACK OF AVAILABLE MEDICAL CARE ON FRIENDS AND FAMILY, INCLUDING THE LOSS OF HIS FATHER. VINCENT OBIOMA OHAJU PASSED AWAY IN 1983 AT THE AGE OF 56 DUE TO COMPLICATIONS FROM ASPIRATION OF A PIECE OF MEAT, WHICH IS SOMETHING THAT COULD BE CORRECTED WITH A SIMPLE PROCEDURE IN EVEN THE SMALLEST HOSPITAL IN THE UNITED STATES. IT WAS A CLOSE AND PERSONAL REMINDER TO DR. OHAJU THAT OVER 95% OF THE PEOPLE IN NIGERIA LIVE WITHOUT ESSENTIAL MEDICAL SERVICES. DR. OHAJU BELIEVES THOSE IN A POSITION TO CHANGE THAT SITUATION HAVE AN OBLIGATION TO TRY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2OUR MISSION TO PROVIDE STATE-OF-THE-ART HEALTH CARE, EDUCATION AND RELATED SERVICES TO A NEEDY NIGERIAN POPULATION. WE HAVE ACCOMPLISHED MULTIPLE CARDIOTHORACIC SURGERY MISSIONS TO ENUGU, NIGERIA. EACH MISSION INCLUDES OPEN HEART SURGERIES,TRAINING OF MEDICAL PROFESSIONALS, PROVISION OF SUPPLIES AND EQUIPMENT. WE HAVE SHIPPED MULTIPLE 40-FT CONTAINERS OF MEDICAL SUPPLIES AND EQUIPMENT FOR USE AT THE ENUGU UNIVERSITY OF NIGERIA TEACHING HOSPITAL.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III, LINE 28
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ReturnHeader/PreparerPersonGrp/PreparerPersonNm0GREG GOLDMAN
ReturnHeader/ReturnTs02015-11-06T10:30:35-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
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.$0.15$0.01$0.14$6.61$6.64$0.03
2023Summary only. Only limited summary data is available for this year.$0.17$0.00$0.17$6.02$5.95$0.07
2022Summary only. Only limited summary data is available for this year.$0.14$0.04$0.10$0.23$0.30$0.06
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.20$0.03$0.16$0.25$0.18$0.07
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.11$0.02$0.09$0.16$0.10$0.06
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.04$0.00$0.03$0.17$0.17$0.00
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.04$0.00$0.04$0.18$0.15$0.03
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.01$0.01$0.00$0.28$0.31$0.03
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.04$0.04$0.14$0.14$0.00
2015Summary only. Only limited summary data is available for this year.$0.04$0.00$0.07$0.06$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.03$0.03$0.04$0.03$0.01
2013Detailed filing. Detailed filing data is available for this year.$0.02$0.02$0.06$0.05$0.01