Civic Intelligence

Aiyeku Foundation Inc.

EIN 85-3329450 • 501(c)3 • Brooklyn, NY

Pub. 78 Eligible990-N CoverageNTEE B12

Profile

The organization is a public charity organized to foster religious, educational and scientific purposes

322 Fountain Avenue Apt 2Brooklyn, NY 11208
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2022

Liabilities / Revenue

80th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

NTEE B12 • <$500k nonprofits • Source year 2022

Net Margin

40th percentile

3.7%

Higher net margin than 40% of similar nonprofits.

NTEE B12 • <$500k nonprofits • Source year 2022

Top Officer Pay

95th percentile

$0

Higher top officer pay than 95% of similar nonprofits.

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

NTEE B12 • <$500k nonprofits • Source year 2022

Asset Growth

5th percentile

-100%

Faster asset growth than 5% of similar nonprofits.

NTEE B12 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

21st percentile

-45%

Faster revenue growth than 21% of similar nonprofits.

NTEE B12 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$0

Down $15,400 (-100%) from 2021

Liabilities

Flat

$0

Flat from 2021

Net Assets

Down

$0

Down $15,400 (-100%) from 2021

Operations
Liabilities / Revenue80th percentileNet Margin40th percentile

Revenue

Down

$8,484

Down $6,916 (-45%) from 2021

Expenses

Up

$8,169

Up $8,169 from 2021

Net Income

Down

$315

Down $15,085 (-98%) from 2021

Trend Graphs

Balance Sheet Trend

Asset Growth5th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$20K$15K$10K$5.0K$0Assets 2020: $0Liabilities 2020: $0Net Assets 2020: $02020Assets 2021: $15,400Liabilities 2021: $0Net Assets 2021: $15,4002021Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022

Highlighted filing

2022

Assets$0
Liabilities$0
Net Assets$0
Open 2022 Filing

Operations Trend

Revenue Growth21st percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$20K$15K$10K$5.0K$0Revenue 2020: $0Expenses 2020: $0Net Income 2020: $02020Revenue 2021: $15,400Expenses 2021: $0Net Income 2021: $15,4002021Revenue 2022: $8,484Expenses 2022: $8,169Net Income 2022: $3152022

Highlighted filing

2022

Revenue$8,484
Expenses$8,169
Net Income$315
Open 2022 Filing

Filings

Most recent year

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

Open filing
Assets
$0
Liabilities
$0
Net assets
$0
Revenue
$8,484
Expenses
$8,169
Net income
$315
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$8.48$8.17$0.32
2021Detailed filing. Detailed filing data is available for this year.$15.4$0.00$15.4$15.4$0.00$15.4
2020Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Mar 11, 2024
Return Version
2022v5.0
Gross Receipts
$8,484
Mission and Program Overview

Mission

The organization is a public charity organized to foster religious, educational and scientific purposes

Charitable educational purpose

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$15,400--
Cap Stk Tr Prin Current Funds$15,400--
Total Assets$15,400$0▼ $15,400
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$15,400$0▼ $15,400
Total Liabilities and Net Assets / Fund Balance$15,400$0▼ $15,400
Compensation and Service Providers
Top Officer Pay95th percentile

Board Members and Trustees

NameTitle
Aiyeku IyiolePresident
Revenue and Support

Revenue Composition

Contributions and Grants
$8,484
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$8,484
Change in Net Assets
$315
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$8,169
Other Expenses$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$8,169--$8,169
Total Functional Expenses$8,169$0$0$8,169
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Aiyeku FoundatioBrooklyn, NY---
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Aiyeku Foundation Inc
EIN
85-3329450
Address
322 FOUNTAIN AVENUE APT 2, BROOKLYN, NY 11208

Signing Officer

Name
Aiyeku Iyiola
Title
President
Phone
7188657873
Signed
2024-03-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Aiyeku Iyiole
Formed
2020
Legal Domicile
Ny
Voting Board Members
2
Independent Board Members
0
Employees
0

Preparer

Firm
Cnobacts Inc
Address
7 MEMORY LANE, HICKSVILLE, NY 11801
Preparer
Carl O Bennett
Phone
5162088160
Supplemental Narrative

Additional Explanations

The Legal Name of the Foundation Is Aiyeku Foundation Inc

“With a ein number of 85-3329450 located at 322 fountain ave apt 2, brooklyn ny 11208”

Raw XML Appendix234 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.

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IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt10
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ReturnHeader/BuildTS02023-04-26 12:10:37Z
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