Civic Intelligence

Badu Foundation Inc.

990EZ • Fiscal year 2022 • EIN 85-0828198

Jan 01, 2022 to Dec 31, 2022 • Filed on Jan 12, 2023

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

92nd percentile

0.65x

Higher debt load relative to assets than 92% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

97th percentile

2.20x

Higher debt load relative to revenue than 97% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

42nd percentile

0.2%

Higher net margin than 42% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

48th percentile

0.0%

Faster asset growth than 48% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

7th percentile

-66%

Faster revenue growth than 7% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets92nd percentile

Assets

Flat

$25,443

Flat from 2021

Net Assets

Up

$8,943

Up $15 (+0.2%) from 2021

Liabilities

Down

$16,500

Down $15 (-0.1%) from 2021

Revenue And Expenses
Liabilities / Revenue97th percentileNet Margin42nd percentile

Revenue

Down

$7,517

Down $14,299 (-66%) from 2021

Expenses

Up

$7,502

Up $2,689 (+56%) from 2021

Net Income

Down

$15

Down $16,988 (-100%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth48th 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

2022

Assets$25,443
Liabilities$16,500
Net Assets$8,943
Open 2022 Filing

Operations Trend

Revenue Growth7th percentile

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

2022

Revenue$7,517
Expenses$7,502
Net Income$15
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Jan 12, 2023
Return Version
2022v4.1
Gross Receipts
$7,517
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 $2500 IN SCHOLARSHIPS.$7,517$7,502
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JEFF BADUPresidentPT$0--
YVONNE P BADUVice PresidentPT$0--
NOE GIL MERINOSecretaryPT$0--
WILL GILCHRISTDirector Of FundraisingPT$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
2023-01-12
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 20bank charges 110program scholarships 500”

Description of other assets Part II line 24

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

Description of total liabilities Part II line 26

“Category beginning of year end of yearcash deficit 15 0scholarships payable 16,500 16,500”

Raw XML Appendix144 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/BOYAmt00
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt00
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt07517
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt015
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt05870
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt025443
IRS990EZ/Form990TotalAssetsGrp/EOYAmt025443
IRS990EZ/GrossReceiptsAmt07517
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt08928
IRS990EZ/NetAssetsOrFundBalancesEOYAmt08943
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt08928
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt08943
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt25.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt35.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JEFF BADU
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1YVONNE P BADU
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2NOE GIL MERINO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3WILL GILCHRIST
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR OF FUNDRAISING
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt025443
IRS990EZ/OtherAssetsTotalDetail/EOYAmt025443
IRS990EZ/OtherExpensesTotalAmt0630
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0WE HELP PEOPLE CREATE ABUNDANCE
IRS990EZ/PrintingPublicationsPostageAmt01002
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0WE HOSTED A FOUR WEEK FINANCIAL LITERACY SUMMER PROGRAM TO UNDERPRIVILEGED YOUTH IN EFFORTS TO ENHANCE THEIR FINANCIAL LITERACY KNOWLEDGE. WE AWARDED $2500 IN SCHOLARSHIPS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt07517
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt07502
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt016515
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt016500
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt07502
IRS990EZ/TotalProgramServiceExpensesAmt07502
IRS990EZ/TotalRevenueAmt07517
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.BADUFOUNDATION.ORG
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt07517
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt021816
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt029333
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt029333
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt07517
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt021816
IRS990ScheduleA/Total509Grp/TotalAmt029333
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt07517
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt021816
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt029333
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION AMOUNTSAVINGS PROGRAM 20BANK CHARGES 110PROGRAM SCHOLARSHIPS 500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CATEGORY BEGINNING OF YEAR END OF YEARLOAN RECEIVABLE 17,000 17,000PRIOR-YEAR DEFICIT OFFSET 8,443 8,443
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CATEGORY BEGINNING OF YEAR END OF YEARCASH DEFICIT 15 0SCHOLARSHIPS PAYABLE 16,500 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/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0JEFF BADU
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07738195675
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-01-12
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/PreparationDt02023-03-01
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JEFF BADU
ReturnHeader/ReturnTs02023-03-01T11:14:31-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JEFF
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BADU
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$25,443
Liabilities
$16,500
Net assets
$8,943
Revenue
$7,517
Expenses
$7,502
Net income
$15
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