Civic Intelligence

Badu Foundation Inc.

990EZ • Fiscal year 2021 • EIN 85-0828198

Jan 01, 2021 to Dec 31, 2021 • Filed on Jan 13, 2022

Organization ProfileWWW.BADUFOUNDATION.ORG
4258 N Greenview Ave Ste 1EChicago, IL 60613

(773) 819-5675

Siviq Scores

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

Liabilities / Assets

91st percentile

0.65x

Higher debt load relative to assets than 91% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

93rd percentile

0.76x

Higher debt load relative to revenue than 93% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

95th percentile

78%

Higher net margin than 95% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

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.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

99th percentile

12622%

Faster asset growth than 99% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets91st percentile

Assets

Up

$25,443

Up $25,243 (+12622%) from 2020

Net Assets

Up

$8,928

Up $17,003 (+211%) from 2020

Liabilities

Up

$16,515

Up $8,240 (+100%) from 2020

Revenue And Expenses
Liabilities / Revenue93rd percentileNet Margin95th percentile

Revenue

Up

$21,816

Up $21,816 from 2020

Expenses

Down

$4,813

Down $3,262 (-40%) from 2020

Net Income

Up

$17,003

Up $25,078 (+311%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth99th percentile

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

$30K$20K$10K$0-$10KAssets 2020: $200Liabilities 2020: $8,275Net Assets 2020: -$8,0752020Assets 2021: $25,443Liabilities 2021: $16,515Net Assets 2021: $8,9282021Assets 2022: $25,443Liabilities 2022: $16,500Net Assets 2022: $8,9432022Assets 2023: $28,040Liabilities 2023: $19,000Net Assets 2023: $9,0402023Assets 2024: $26,069Liabilities 2024: $19,000Net Assets 2024: $7,0692024Assets 2025: $26,569Liabilities 2025: $19,500Net Assets 2025: $7,0692025

Highlighted filing

2021

Assets$25,443
Liabilities$16,515
Net Assets$8,928
Open 2021 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$30K$20K$10K$0-$10KRevenue 2020: $0Expenses 2020: $8,075Net Income 2020: -$8,0752020Revenue 2021: $21,816Expenses 2021: $4,813Net Income 2021: $17,0032021Revenue 2022: $7,517Expenses 2022: $7,502Net Income 2022: $152022Revenue 2023: $2,942Expenses 2023: $2,845Net Income 2023: $972023Revenue 2024: $50Expenses 2024: $2,021Net Income 2024: -$1,9712024Revenue 2025: $875Expenses 2025: $875Net Income 2025: $02025

Highlighted filing

2021

Revenue$21,816
Expenses$4,813
Net Income$17,003
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Jan 13, 2022
Return Version
2021v4.1
Gross Receipts
$21,816
Mission and Program Overview

Mission

We help people create abundance.

We help people create abundance

Program Services

DescriptionGrantsExpenses
WE HOSTED A FOUR WEEK FINANCIAL LITERACY SUMMER PROGRAM TO UNDERPRIVILEGED YOUTH IN EFFORTS TO ENHANCE THEIR FINANCIAL LITERACY KNOWLEDGE. WE AWARDED $15500 IN SCHOLARSHIPS.$21,816$4,431
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JEFF BADUPresidentPT$0--
YVONNE P BADUVice PresidentPT$0--
NOE GIL MERINOSecretaryPT$0--
Filing and Contact Details

Filer

Filer Name
Badu Foundation Inc
EIN
85-0828198
Address
4258 N GREENVIEW AVE STE 1E, CHICAGO, IL 60613

Signing Officer

Name
Jeff Badu
Title
President
Phone
7738195675
Signed
2022-01-13
Discuss with paid preparer
No

Preparer

Firm
Badu Tax Services LLC
Address
4258 N GREENVIEW AVE STE 1E, CHICAGO, IL 60613
Preparer
Jeff Badu
Phone
7738195675
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

“Description amountsavings program 60bank charges 55”

Description of other assets Part II line 24

“Category beginning of year end of yearloan receivable 0 17,000prior-year deficit offset 0 8,443”

Description of total liabilities Part II line 26

“Category beginning of year end of yearloan from jeff badu 8,275 0cash deficit 0 15scholarships payable 0 16,500”

Raw XML Appendix142 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0JEFF BADU
IRS990EZ/BooksInCareOfDetail/PhoneNum07738195675
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt04258 N GREENVIEW AVE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0CHICAGO
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd060613
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0200
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt00
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt021816
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt017003
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt03402
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0200
IRS990EZ/Form990TotalAssetsGrp/EOYAmt025443
IRS990EZ/GrossReceiptsAmt021816
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-8075
IRS990EZ/NetAssetsOrFundBalancesEOYAmt08928
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-8075
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt08928
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt25.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JEFF BADU
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1YVONNE P BADU
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2NOE GIL MERINO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt025443
IRS990EZ/OtherExpensesTotalAmt0115
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0WE HELP PEOPLE CREATE ABUNDANCE
IRS990EZ/PrintingPublicationsPostageAmt01296
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0WE HOSTED A FOUR WEEK FINANCIAL LITERACY SUMMER PROGRAM TO UNDERPRIVILEGED YOUTH IN EFFORTS TO ENHANCE THEIR FINANCIAL LITERACY KNOWLEDGE. WE AWARDED $15500 IN SCHOLARSHIPS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt021816
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt04431
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt08275
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt016515
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt04813
IRS990EZ/TotalProgramServiceExpensesAmt04431
IRS990EZ/TotalRevenueAmt021816
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.BADUFOUNDATION.ORG
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt021816
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt021816
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt021816
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt021816
IRS990ScheduleA/Total509Grp/TotalAmt021816
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt021816
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt021816
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION AMOUNTSAVINGS PROGRAM 60BANK CHARGES 55
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CATEGORY BEGINNING OF YEAR END OF YEARLOAN RECEIVABLE 0 17,000PRIOR-YEAR DEFICIT OFFSET 0 8,443
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CATEGORY BEGINNING OF YEAR END OF YEARLOAN FROM JEFF BADU 8,275 0CASH DEFICIT 0 15SCHOLARSHIPS PAYABLE 0 16,500
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other assets Part II line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of total liabilities Part II line 26
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd000
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0JEFF BADU
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07738195675
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-01-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BADU FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0BADU
ReturnHeader/Filer/EIN0850828198
ReturnHeader/Filer/USAddress/AddressLine1Txt04258 N GREENVIEW AVE STE 1E
ReturnHeader/Filer/USAddress/CityNm0CHICAGO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060613
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0814013718
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BADU TAX SERVICES LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04258 N GREENVIEW AVE STE 1E
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CHICAGO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060613
ReturnHeader/PreparerPersonGrp/PhoneNum07738195675
ReturnHeader/PreparerPersonGrp/PreparationDt02022-03-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JEFF BADU
ReturnHeader/ReturnTs02022-03-14T10:28:21-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JEFF
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BADU
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$25,443
Liabilities
$16,515
Net assets
$8,928
Revenue
$21,816
Expenses
$4,813
Net income
$17,003
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$26.6$19.5$7.07$0.88$0.88$0.00
2024Detailed filing. Detailed filing data is available for this year.$26.1$19.0$7.07$0.05$2.02$1.97
2023Detailed filing. Detailed filing data is available for this year.$28.0$19.0$9.04$2.94$2.85$0.10
2022Detailed filing. Detailed filing data is available for this year.$25.4$16.5$8.94$7.52$7.50$0.02
2021Detailed filing. Detailed filing data is available for this year.$25.4$16.5$8.93$21.8$4.81$17.0
2020Detailed filing. Detailed filing data is available for this year.$0.20$8.28$8.08$0.00$8.08$8.08