Liabilities / Assets
81st percentile
Higher debt load relative to assets than 81% of similar nonprofits.
990 • Fiscal year 2021 • EIN 58-2678884
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
81st percentile
Higher debt load relative to assets than 81% of similar nonprofits.
Liabilities / Revenue
81st percentile
Higher debt load relative to revenue than 81% of similar nonprofits.
Net Margin
74th percentile
Higher net margin than 74% of similar nonprofits.
Top Officer Pay
77th percentile
Higher top officer pay than 77% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
87th percentile
Faster asset growth than 87% of similar nonprofits.
Revenue Growth
78th percentile
Faster revenue growth than 78% of similar nonprofits.
Assets
Up$196,735
Up $89,250 (+83%) from 2020
Net Assets
Up$163,952
Up $74,521 (+83%) from 2020
Liabilities
Up$32,783
Up $14,729 (+82%) from 2020
Revenue
Up$253,390
Up $96,381 (+61%) from 2020
Expenses
Up$178,869
Up $77,683 (+77%) from 2020
Net Income
Up$74,521
Up $18,698 (+33%) from 2020
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
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $101,520 | $188,046 | ▲ $86,526 |
| Prepaid Expenses and Deferred Charges | $5,000 | $5,000 | → $0 |
| Land, Buildings, and Equipment, Net | $965 | $3,689 | ▲ $2,724 |
| Total Assets | $107,485 | $196,735 | ▲ $89,250 |
| Liabilities | |||
| Other Liabilities | $2,047 | $32,783 | ▲ $30,736 |
| Unsecured Notes Loans Payable | $15,843 | - | - |
| Accounts Payable and Accrued Expenses | $164 | - | - |
| Total Liabilities | $18,054 | $32,783 | ▲ $14,729 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $89,431 | $163,952 | ▲ $74,521 |
| Total Net Assets Fund Balance | $89,431 | $163,952 | ▲ $74,521 |
| Total Liabilities and Net Assets / Fund Balance | $107,485 | $196,735 | ▲ $89,250 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $3,689 | - | $3,689 |
| Name | Title |
|---|---|
| Vincent Ohaju | Chairman |
| Adanna Akujuo | Board Member |
| Henry Musoma | Board Member |
| Jeffrey Mcneil | Board Member |
| Paul Jahn | Board Member |
| Raza Kahn | Board Member |
| Reza Khodaverdian | Board Member |
| Michael Essien | Secretary |
| Greg Goldman | Treasurer |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $91,287 |
| Other Expenses | $87,582 |
| Total Fundraising Expense | $2,427 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | - | $84,800 | - | $84,800 |
| All Other Expenses | $6,290 | $337 | $2,427 | $9,054 |
| Travel | $8,849 | - | - | $8,849 |
| Payroll Taxes | - | $6,487 | - | $6,487 |
| Other Expenses | $4,512 | $3,746 | - | $3,746 |
| Total Functional Expenses | $76,377 | $100,065 | $2,427 | $178,869 |
| Line Item | Amount |
|---|---|
| Fundraising Gross Income | $5,721 |
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Mission Expenses Dec 2021 | $29,959 |
| Payroll Taxes and Withholding | $2,824 |
“Annual board review via email.”
“Periodic review and board approval of executive director salary.”
“No documents available to the public”
“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: 1 - voom foundation aids populations with medical needs without discrimination and irrespective of race, religion, creed or political affiliation. 2 - 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. 3 - 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. Voom foundation is a private international medical humanitarian organization made up of volunteer doctors, nurses, health workers and many other support professions who contribute to the mission of the voom foundation. Our mission is to provide impartial sustainable healthcare programs dedicated to quality, with a particular interest in supporting the underprivileged and underserved. Our long-term goal is to develop a sustainable hospital system dedicated to quality, with an emphasis on education and training, public health and prevention, health fairs and outreach, providing new state of the art medical equipment and by providing life-saving heart procedures through our medical mission program. Since march 2013, when voom foundation restarted the open-heart program in nigeria, we have partnered with three partner hospitals to train and educate the local staff providing necessary skills to support a sustainable open-heart program within the country. To date, voom foundation leads all health organizations in nigeria in open-heart procedures performed. It is the goal of voom and our partner hospitals to greatly increase our patients at each institution giving us the necessary volume to train while continuing to provide open-heart surgery to th”
“2021 - in september and december the voom foundation performed 7 medical missions bringing the total of medical missions to 30. The medical teams have performed a total of 152 open-heart procedures since its inception. 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 and africa. 2020 - voom foundation ceased medical missions for the year due to covid-19 pandemic. Unable to travel due to restrictions, the voom board of directors diligently worked on our partnership withe sir emeka okwuosa foundation to build the dame irene okwuosa memorial hospital, a new private facility in oriafite, nigeira. In agreement by both parties, voom will serve as the medical partner for the newly formed hospital. Voom foundation sent four 40ft containers of donated medical equipment and consumable supplies to oriafite in preparation for the program launch scheduled in late 2021. Voom also sent several containers of equipment and supplies to the university of calabar teaching hospital (ucth) in calabar, nigeria. Ucth cardiac program is also set to launch sometimes in 2021 when travel into the country is permitted.”
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/ActivityOrMissionDesc | 0 | 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 |
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| IRS990/Desc | 0 | 2021 - IN SEPTEMBER AND DECEMBER THE VOOM FOUNDATION PERFORMED 7 MEDICAL MISSIONS BRINGING THE TOTAL OF MEDICAL MISSIONS TO 30. THE MEDICAL TEAMS HAVE PERFORMED A TOTAL OF 152 OPEN-HEART PROCEDURES SINCE ITS INCEPTION. 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 AND AFRICA. 2020 - VOOM FOUNDATION CEASED MEDICAL MISSIONS FOR THE YEAR DUE TO COVID-19 PANDEMIC. UNABLE TO TRAVEL DUE TO RESTRICTIONS, THE VOOM BOARD OF DIRECTORS DILIGENTLY WORKED ON OUR PARTNERSHIP WITHE SIR EMEKA OKWUOSA FOUNDATION TO BUILD THE DAME IRENE OKWUOSA MEMORIAL HOSPITAL, A NEW PRIVATE FACILITY IN ORIAFITE, NIGEIRA. IN AGREEMENT BY BOTH PARTIES, VOOM WILL SERVE AS THE MEDICAL PARTNER FOR THE NEWLY FORMED HOSPITAL. VOOM FOUNDATION SENT FOUR 40FT CONTAINERS OF DONATED MEDICAL EQUIPMENT AND CONSUMABLE SUPPLIES TO ORIAFITE IN PREPARATION FOR THE PROGRAM LAUNCH SCHEDULED IN LATE 2021. VOOM ALSO SENT SEVERAL CONTAINERS OF EQUIPMENT AND SUPPLIES TO THE UNIVERSITY OF CALABAR TEACHING HOSPITAL (UCTH) IN CALABAR, NIGERIA. UCTH CARDIAC PROGRAM IS ALSO SET TO LAUNCH SOMETIMES IN 2021 WHEN TRAVEL INTO THE COUNTRY IS PERMITTED. |
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| IRS990/MissionDesc | 0 | 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 |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | 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: 1 - VOOM FOUNDATION AIDS POPULATIONS WITH MEDICAL NEEDS WITHOUT DISCRIMINATION AND IRRESPECTIVE OF RACE, RELIGION, CREED OR POLITICAL AFFILIATION. 2 - 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. 3 - 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. VOOM FOUNDATION IS A PRIVATE INTERNATIONAL MEDICAL HUMANITARIAN ORGANIZATION MADE UP OF VOLUNTEER DOCTORS, NURSES, HEALTH WORKERS AND MANY OTHER SUPPORT PROFESSIONS WHO CONTRIBUTE TO THE MISSION OF THE VOOM FOUNDATION. OUR MISSION IS TO PROVIDE IMPARTIAL SUSTAINABLE HEALTHCARE PROGRAMS DEDICATED TO QUALITY, WITH A PARTICULAR INTEREST IN SUPPORTING THE UNDERPRIVILEGED AND UNDERSERVED. OUR LONG-TERM GOAL IS TO DEVELOP A SUSTAINABLE HOSPITAL SYSTEM DEDICATED TO QUALITY, WITH AN EMPHASIS ON EDUCATION AND TRAINING, PUBLIC HEALTH AND PREVENTION, HEALTH FAIRS AND OUTREACH, PROVIDING NEW STATE OF THE ART MEDICAL EQUIPMENT AND BY PROVIDING LIFE-SAVING HEART PROCEDURES THROUGH OUR MEDICAL MISSION PROGRAM. SINCE MARCH 2013, WHEN VOOM FOUNDATION RESTARTED THE OPEN-HEART PROGRAM IN NIGERIA, WE HAVE PARTNERED WITH THREE PARTNER HOSPITALS TO TRAIN AND EDUCATE THE LOCAL STAFF PROVIDING NECESSARY SKILLS TO SUPPORT A SUSTAINABLE OPEN-HEART PROGRAM WITHIN THE COUNTRY. TO DATE, VOOM FOUNDATION LEADS ALL HEALTH ORGANIZATIONS IN NIGERIA IN OPEN-HEART PROCEDURES PERFORMED. IT IS THE GOAL OF VOOM AND OUR PARTNER HOSPITALS TO GREATLY INCREASE OUR PATIENTS AT EACH INSTITUTION GIVING US THE NECESSARY VOLUME TO TRAIN WHILE CONTINUING TO PROVIDE OPEN-HEART SURGERY TO TH |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | 2021 - IN SEPTEMBER AND DECEMBER THE VOOM FOUNDATION PERFORMED 7 MEDICAL MISSIONS BRINGING THE TOTAL OF MEDICAL MISSIONS TO 30. THE MEDICAL TEAMS HAVE PERFORMED A TOTAL OF 152 OPEN-HEART PROCEDURES SINCE ITS INCEPTION. 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 AND AFRICA. 2020 - VOOM FOUNDATION CEASED MEDICAL MISSIONS FOR THE YEAR DUE TO COVID-19 PANDEMIC. UNABLE TO TRAVEL DUE TO RESTRICTIONS, THE VOOM BOARD OF DIRECTORS DILIGENTLY WORKED ON OUR PARTNERSHIP WITHE SIR EMEKA OKWUOSA FOUNDATION TO BUILD THE DAME IRENE OKWUOSA MEMORIAL HOSPITAL, A NEW PRIVATE FACILITY IN ORIAFITE, NIGEIRA. IN AGREEMENT BY BOTH PARTIES, VOOM WILL SERVE AS THE MEDICAL PARTNER FOR THE NEWLY FORMED HOSPITAL. VOOM FOUNDATION SENT FOUR 40FT CONTAINERS OF DONATED MEDICAL EQUIPMENT AND CONSUMABLE SUPPLIES TO ORIAFITE IN PREPARATION FOR THE PROGRAM LAUNCH SCHEDULED IN LATE 2021. VOOM ALSO SENT SEVERAL CONTAINERS OF EQUIPMENT AND SUPPLIES TO THE UNIVERSITY OF CALABAR TEACHING HOSPITAL (UCTH) IN CALABAR, NIGERIA. UCTH CARDIAC PROGRAM IS ALSO SET TO LAUNCH SOMETIMES IN 2021 WHEN TRAVEL INTO THE COUNTRY IS PERMITTED. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | ANNUAL BOARD REVIEW VIA EMAIL. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | PERIODIC REVIEW AND BOARD APPROVAL OF EXECUTIVE DIRECTOR SALARY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | NO DOCUMENTS AVAILABLE TO THE PUBLIC |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990 - ORGANIZATION'S MISSION |
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| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 6, PART VI, LINE 15A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PAGE 6, PART VI, LINE 19 |
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Displayed year
2021 • Form 990Detailed filing. Detailed filing data is available for this year.