Civic Intelligence

The Voom Foundation

990EZ • Fiscal year 2019 • EIN 58-2678884

Jan 01, 2019 to Dec 31, 2019 • Filed on Aug 13, 2020

130 W Superior St Ste 926Duluth, MN 55802

(218) 727-8030

Siviq Scores

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

Liabilities / Assets

75th percentile

0.06x

Higher debt load relative to assets than 75% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

66th percentile

0.01x

Higher debt load relative to revenue than 66% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

37th percentile

-1.5%

Higher net margin than 37% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

33rd percentile

-6.7%

Faster asset growth than 33% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

42nd percentile

-4.0%

Faster revenue growth than 42% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$35,656

Down $2,570 (-6.7%) from 2018

Net Assets

Down

$33,609

Down $2,501 (-6.9%) from 2018

Liabilities

Down

$2,047

Down $69 (-3.3%) from 2018

Revenue

Down

$170,642

Down $7,120 (-4.0%) from 2018

Expenses

Up

$173,144

Up $26,704 (+18%) from 2018

Net Income

Down

-$2,502

Down $33,824 (-108%) from 2018

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

2019

Assets$35,656
Liabilities$2,047
Net Assets$33,609

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

2019

Revenue$170,642
Expenses$173,144
Net Income-$2,502
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Aug 13, 2020
Return Version
2019v5.0
Gross Receipts
$170,642
Mission and Program Overview

Mission

Mission - voom foundations mission is to provide impartial sustainable healthcare programs dedicated to quality, with a particular interest in supporting the underprivileged and underserved. Vision - in the effort to fulfill this mission and continuously improve our programs, the board of directors and our volunteers are committed to the following values and principles: voom foundation will be a state-of-the-science healthcare and health access facilitator for its intended beneficiaries and a learning source for others in the provision of healthcare to patients. The vincent obioma ohaju memorial (voom) foundation was established to raise standard of care and create a sustainable medical institution in nigeria. Voom foundation was born from the vision of dr. Vincent ohaju, medical director for trauma services at chi st. Joseph health in bryan, texas. Originally from the town of ihitte, in south eastern nigeria, dr. Ohaju had personally witnessed the effects of inadequate available medic

Program Services

DescriptionGrantsExpenses
VOOM HISTORY 2004 IN 2004 AND INSPIRED BY HIS FATHERS DEATH DR. VINCENT OHAJU ESTABLISHES THE VOOM FOUNDATION AS AN INTERNATIONAL MEDICAL HUMANITARIAN ORGANIZATION. THE INITIAL GOAL IS TO PROVIDE INDEPENDENT, IMPARTIAL MEDICAL CARE IN NIGERIA AND SURROUNDING DEVELOPING COUNTRIES. 2011 EIGHT MEDICAL VOLUNTEERS CONDUCTED A FOUR-DAY CONFERENCE PROVIDING TRAINING IN: FUNDAMENTAL CRITICAL CARE SUPPORT EMERGENCY MEDICAL SERVICES ADVANCED CARDIAC LIFE SUPPORT RURAL TRAUMA TEAM DEVELOPMENT 2012 EXPLORATORY STUDY, DESIGN AND PREPARATION FOR THE RE-OPENING OF THE OPEN- HEART SURGERY IN NIGERIA AT THE UNIVERSITY OF NIGERIA TEACHING HOSPITAL. 2013 IN 2013, VOOM FOUNDATION CREATES A PARTNERSHIP WITH THE UNIVERSITY OF NIGERIA TEACHING HOSPITAL IN ENUGU. NIGERI. UNTH IS CONSIDERED A CARDIOTHORACIC CENTRE OF EXCELLENCE AND PIONEERES THE ONLY OPEN-HEART PROGRAM IN THE COUNTRY IN 1974. BY 2003, UNTH COMPLETES A TOTAL OF 102 OPEN-HEART CASES IN A COUNTRY WITH A POPULATION OF 126 MILLION AT THE TIME. JANUARY 2013, VOOM FOUNDATION BEGINS SHIPMENT OF THE FIRST 40-FOOT CONTAINER WORTH OF MEDICAL EQUIPMENT AND SUPPLIES INCLUDING FOUR ICU BEDS, VENTILATORS, ANESTHESIA MACHINES, OPERATING ROOM TABLES, ETC. 2015 THE LOCAL TEAM PERFORMS THE FIRST UNASSISTED OPEN-HEART SURGERY SINCE THE MISSIONS BEGAN IN 2013. TWO OTHER MISSIONS WERE CONDUCTED THIS YEAR. EACH TRIP IS APPROXIMATELY TWO WEEKS LONG AND INCLUDES EVALUATION OF PATIENTS AND CONFIRMATION OF DIAGNOSES. 2017 MARCH 2013 THROUGH MAY 2017, VOOM FOUNDATION PERFORM A TOTAL OF 12 MEDICAL MISSIONS AND ASSISTS IN SIX OTHERS. THE MEDICAL TEAMS HAVE PERFORM A TOTAL OF 169 OPEN-HEART PROCEDURES EXCEEDING THE TOTAL NUMBER OF CARDIAC PROCEDURES IN THE PREVIOUS 26 YEARS. 2018 EACH VOOM MEDICAL MISSION TYPICALLY INCLUDES A GROUP OF UP TO 15 MEDICAL VOLUNTEERS FROM ACROSS THE NATION AS WELL AS OTHER COUNTRIES, CANADA, UNITED KINGDOM, AND INDIA.-$78,294
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
VINCENT OHAJUChairman-$0--
JOHN O'BRIENVice Chairma-$0--
MICHAEL ESSIENSecretary-$0--
GREG GOLDMANTreasurer-$0--
RAZA KAHNBoard Member-$0--
REZA KHODAVERDIANBoard Member-$0--
PAUL JAHNBoard Member-$0--
ADANNA AKUJUOBoard Member-$0--
HENRY MUSOMABoard Member-$0--
JEFFREY MCNEILDirector-$0--
Filing and Contact Details

Filer

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

Signing Officer

Name
Greg Goldman
Title
Treasurer
Phone
2187278030
Signed
2020-08-13
Discuss with paid preparer
Yes

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 travel 74,227 freight - medical equip 3,900 medical supplies, equip 55 other costs 12,907 state fees 75 telephone 112 total 91,276

Form 990-ez, Part II, Line 24

Prepaid expenses and deferred charges 5,000 5,000 computer, printer equipment 965 965 total 5,965 5,965

Form 990-ez, Part II, Line 26

Payroll taxes and withholding 2,115 2,047

Form 990-ez, Part III

Mission - voom foundations mission is to provide impartial sustainable healthcare programs dedicated to quality, with a particular interest in supporting the underprivileged and underserved. Vision - in the effort to fulfill this mission and continuously improve our programs, the board of directors and our volunteers are committed to the following values and principles: voom foundation will be a state-of-the-science healthcare and health access facilitator for its intended beneficiaries and a learning source for others in the provision of healthcare to patients. The vincent obioma ohaju memorial (voom) foundation was established to raise standard of care and create a sustainable medical institution in nigeria. Voom foundation was born from the vision of dr. Vincent ohaju, medical director for trauma services at chi st. Joseph health in bryan, texas. Originally from the town of ihitte, in south eastern nigeria, dr. Ohaju had personally witnessed the effects of inadequate available medical care on friends and family. His father, vincent obioma ohaju passed away in 1983 at the age of 56 due to complications from pulmonary aspiration. A simple procedure such as bronchosocopy readily available in even the smallest hospital in the united states could have prevented his demise. It was a close and personal reminder to dr. Ohaju that over 95% of the people in nigeria live without essential medical services. In 2016 the world health organization ranked nigeria 187 out of 190 countries in healthcare. The nigerian healthcare system is poorly developed and suffers from several recent epidemics. Despite nigerians strategic position in africa, the country is greatly underserved in the healthcare sphere. Health facilities, expertise, personnel, medical equipment and major diagnostic modalities are inadequate, especially in rural areas. We are guided by the following principles: voom foundation aids populations with medical needs without discrimination and irrespective of race, religion, creed or political affiliation. Voom foundation observes neutrality and impartiality in the name of universal medical ethics and the right to humanitarian assistance and demands full and unhindered freedom in the exercise of its functions. Voom foundations volunteers work hard to respect their professional code of ethics and to maintain complete independence from all political, economic and religious powers. As volunteers, members are aware of the risks and dangers of the mission they undertake, and have no right to compensation for themselves or their beneficiaries other than that which the voom foundation can afford them. Dr. Ohaju believes those who can change a desperate situation have an obligation to try.

Form 990-ez, Part III, Line 28

Voom history 2004 in 2004 and inspired by his fathers death dr. Vincent ohaju establishes the voom foundation as an international medical humanitarian organization. The initial goal is to provide independent, impartial medical care in nigeria and surrounding developing countries. 2011 eight medical volunteers conducted a four-day conference providing training in: fundamental critical care support emergency medical services advanced cardiac life support rural trauma team development 2012 exploratory study, design and preparation for the re-opening of the open- heart surgery in nigeria at the university of nigeria teaching hospital. 2013 in 2013, voom foundation creates a partnership with the university of nigeria teaching hospital in enugu. Nigeri. Unth is considered a cardiothoracic centre of excellence and pioneeres the only open-heart program in the country in 1974. By 2003, unth completes a total of 102 open-heart cases in a country with a population of 126 million at the time. January 2013, voom foundation begins shipment of the first 40-foot container worth of medical equipment and supplies including four icu beds, ventilators, anesthesia machines, operating room tables, etc. 2015 the local team performs the first unassisted open-heart surgery since the missions began in 2013. Two other missions were conducted this year. Each trip is approximately two weeks long and includes evaluation of patients and confirmation of diagnoses. 2017 march 2013 through may 2017, voom foundation perform a total of 12 medical missions and assists in six others. The medical teams have perform a total of 169 open-heart procedures exceeding the total number of cardiac procedures in the previous 26 years. 2018 each voom medical mission typically includes a group of up to 15 medical volunteers from across the nation as well as other countries, canada, united kingdom, and india.

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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/ExplanationTxt0EXPENSES TRAVEL 74,227 FREIGHT - MEDICAL EQUIP 3,900 MEDICAL SUPPLIES, EQUIP 55 OTHER COSTS 12,907 STATE FEES 75 TELEPHONE 112 TOTAL 91,276
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PREPAID EXPENSES AND DEFERRED CHARGES 5,000 5,000 COMPUTER, PRINTER EQUIPMENT 965 965 TOTAL 5,965 5,965
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PAYROLL TAXES AND WITHHOLDING 2,115 2,047
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MISSION - VOOM FOUNDATIONS MISSION IS TO PROVIDE IMPARTIAL SUSTAINABLE HEALTHCARE PROGRAMS DEDICATED TO QUALITY, WITH A PARTICULAR INTEREST IN SUPPORTING THE UNDERPRIVILEGED AND UNDERSERVED. VISION - IN THE EFFORT TO FULFILL THIS MISSION AND CONTINUOUSLY IMPROVE OUR PROGRAMS, THE BOARD OF DIRECTORS AND OUR VOLUNTEERS ARE COMMITTED TO THE FOLLOWING VALUES AND PRINCIPLES: VOOM FOUNDATION WILL BE A STATE-OF-THE-SCIENCE HEALTHCARE AND HEALTH ACCESS FACILITATOR FOR ITS INTENDED BENEFICIARIES AND A LEARNING SOURCE FOR OTHERS IN THE PROVISION OF HEALTHCARE TO PATIENTS. THE VINCENT OBIOMA OHAJU MEMORIAL (VOOM) FOUNDATION WAS ESTABLISHED TO RAISE STANDARD OF CARE AND CREATE A SUSTAINABLE MEDICAL INSTITUTION IN NIGERIA. VOOM FOUNDATION WAS BORN FROM THE VISION OF DR. VINCENT OHAJU, MEDICAL DIRECTOR FOR TRAUMA SERVICES AT CHI ST. JOSEPH HEALTH IN BRYAN, TEXAS. ORIGINALLY FROM THE TOWN OF IHITTE, IN SOUTH EASTERN NIGERIA, DR. OHAJU HAD PERSONALLY WITNESSED THE EFFECTS OF INADEQUATE AVAILABLE MEDICAL CARE ON FRIENDS AND FAMILY. HIS FATHER, VINCENT OBIOMA OHAJU PASSED AWAY IN 1983 AT THE AGE OF 56 DUE TO COMPLICATIONS FROM PULMONARY ASPIRATION. A SIMPLE PROCEDURE SUCH AS BRONCHOSOCOPY READILY AVAILABLE IN EVEN THE SMALLEST HOSPITAL IN THE UNITED STATES COULD HAVE PREVENTED HIS DEMISE. IT WAS A CLOSE AND PERSONAL REMINDER TO DR. OHAJU THAT OVER 95% OF THE PEOPLE IN NIGERIA LIVE WITHOUT ESSENTIAL MEDICAL SERVICES. IN 2016 THE WORLD HEALTH ORGANIZATION RANKED NIGERIA 187 OUT OF 190 COUNTRIES IN HEALTHCARE. THE NIGERIAN HEALTHCARE SYSTEM IS POORLY DEVELOPED AND SUFFERS FROM SEVERAL RECENT EPIDEMICS. DESPITE NIGERIANS STRATEGIC POSITION IN AFRICA, THE COUNTRY IS GREATLY UNDERSERVED IN THE HEALTHCARE SPHERE. HEALTH FACILITIES, EXPERTISE, PERSONNEL, MEDICAL EQUIPMENT AND MAJOR DIAGNOSTIC MODALITIES ARE INADEQUATE, ESPECIALLY IN RURAL AREAS. WE ARE GUIDED BY THE FOLLOWING PRINCIPLES: VOOM FOUNDATION AIDS POPULATIONS WITH MEDICAL NEEDS WITHOUT DISCRIMINATION AND IRRESPECTIVE OF RACE, RELIGION, CREED OR POLITICAL AFFILIATION. VOOM FOUNDATION OBSERVES NEUTRALITY AND IMPARTIALITY IN THE NAME OF UNIVERSAL MEDICAL ETHICS AND THE RIGHT TO HUMANITARIAN ASSISTANCE AND DEMANDS FULL AND UNHINDERED FREEDOM IN THE EXERCISE OF ITS FUNCTIONS. VOOM FOUNDATIONS VOLUNTEERS WORK HARD TO RESPECT THEIR PROFESSIONAL CODE OF ETHICS AND TO MAINTAIN COMPLETE INDEPENDENCE FROM ALL POLITICAL, ECONOMIC AND RELIGIOUS POWERS. AS VOLUNTEERS, MEMBERS ARE AWARE OF THE RISKS AND DANGERS OF THE MISSION THEY UNDERTAKE, AND HAVE NO RIGHT TO COMPENSATION FOR THEMSELVES OR THEIR BENEFICIARIES OTHER THAN THAT WHICH THE VOOM FOUNDATION CAN AFFORD THEM. DR. OHAJU BELIEVES THOSE WHO CAN CHANGE A DESPERATE SITUATION HAVE AN OBLIGATION TO TRY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4VOOM HISTORY 2004 IN 2004 AND INSPIRED BY HIS FATHERS DEATH DR. VINCENT OHAJU ESTABLISHES THE VOOM FOUNDATION AS AN INTERNATIONAL MEDICAL HUMANITARIAN ORGANIZATION. THE INITIAL GOAL IS TO PROVIDE INDEPENDENT, IMPARTIAL MEDICAL CARE IN NIGERIA AND SURROUNDING DEVELOPING COUNTRIES. 2011 EIGHT MEDICAL VOLUNTEERS CONDUCTED A FOUR-DAY CONFERENCE PROVIDING TRAINING IN: FUNDAMENTAL CRITICAL CARE SUPPORT EMERGENCY MEDICAL SERVICES ADVANCED CARDIAC LIFE SUPPORT RURAL TRAUMA TEAM DEVELOPMENT 2012 EXPLORATORY STUDY, DESIGN AND PREPARATION FOR THE RE-OPENING OF THE OPEN- HEART SURGERY IN NIGERIA AT THE UNIVERSITY OF NIGERIA TEACHING HOSPITAL. 2013 IN 2013, VOOM FOUNDATION CREATES A PARTNERSHIP WITH THE UNIVERSITY OF NIGERIA TEACHING HOSPITAL IN ENUGU. NIGERI. UNTH IS CONSIDERED A CARDIOTHORACIC CENTRE OF EXCELLENCE AND PIONEERES THE ONLY OPEN-HEART PROGRAM IN THE COUNTRY IN 1974. BY 2003, UNTH COMPLETES A TOTAL OF 102 OPEN-HEART CASES IN A COUNTRY WITH A POPULATION OF 126 MILLION AT THE TIME. JANUARY 2013, VOOM FOUNDATION BEGINS SHIPMENT OF THE FIRST 40-FOOT CONTAINER WORTH OF MEDICAL EQUIPMENT AND SUPPLIES INCLUDING FOUR ICU BEDS, VENTILATORS, ANESTHESIA MACHINES, OPERATING ROOM TABLES, ETC. 2015 THE LOCAL TEAM PERFORMS THE FIRST UNASSISTED OPEN-HEART SURGERY SINCE THE MISSIONS BEGAN IN 2013. TWO OTHER MISSIONS WERE CONDUCTED THIS YEAR. EACH TRIP IS APPROXIMATELY TWO WEEKS LONG AND INCLUDES EVALUATION OF PATIENTS AND CONFIRMATION OF DIAGNOSES. 2017 MARCH 2013 THROUGH MAY 2017, VOOM FOUNDATION PERFORM A TOTAL OF 12 MEDICAL MISSIONS AND ASSISTS IN SIX OTHERS. THE MEDICAL TEAMS HAVE PERFORM A TOTAL OF 169 OPEN-HEART PROCEDURES EXCEEDING THE TOTAL NUMBER OF CARDIAC PROCEDURES IN THE PREVIOUS 26 YEARS. 2018 EACH VOOM MEDICAL MISSION TYPICALLY INCLUDES A GROUP OF UP TO 15 MEDICAL VOLUNTEERS FROM ACROSS THE NATION AS WELL AS OTHER COUNTRIES, CANADA, UNITED KINGDOM, AND INDIA.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 28
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