Civic Intelligence

Afamefuna Inc.

990EZ • Fiscal year 2022 • EIN 87-1757342

Jan 01, 2022 to Dec 31, 2022 • Filed on Aug 23, 2023

419 West Superior StreetChicago, IL 60654

(773) 818-8022

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

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

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

Liabilities / Revenue

58th percentile

0.00x

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

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

Net Margin

94th percentile

70%

Higher net margin than 94% 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

Score unavailable

No value available

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

Annualized from 2021 to 2022

Revenue Growth

Score unavailable

No value available

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

Annualized from 2021 to 2022

Assets

Up

$69,604

Up $69,604 from 2021

Net Assets

Up

$69,604

Up $69,604 from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue

Up

$100,000

Up $100,000 from 2021

Expenses

Up

$30,396

Up $30,396 from 2021

Net Income

Up

$69,604

Up $69,604 from 2021

Historical Trend

Balance Sheet Trend

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

$80K$60K$40K$20K$0Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021Assets 2022: $69,604Liabilities 2022: $0Net Assets 2022: $69,6042022Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023Assets 2024: $0Liabilities 2024: $0Net Assets 2024: $02024

Highlighted filing

2022

Assets$69,604
Liabilities$0
Net Assets$69,604

Operations Trend

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

$100K$50K$0-$50K-$100KRevenue 2021: $0Expenses 2021: $0Net Income 2021: $02021Revenue 2022: $100,000Expenses 2022: $30,396Net Income 2022: $69,6042022Revenue 2023: $0Expenses 2023: $69,604Net Income 2023: -$69,6042023Revenue 2024: $0Expenses 2024: $0Net Income 2024: $02024

Highlighted filing

2022

Revenue$100,000
Expenses$30,396
Net Income$69,604
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Aug 23, 2023
Return Version
2022v5.0
Gross Receipts
$100,000
Mission and Program Overview

Mission

The Corporation is organized exclusively for charitable and educational purposes within the meaning of Section 501(c)(3) of the Code and Section 103.05 of the Act, each as now in effect or as may hereafter be amended, including, without limitation, to engage in good design practices and innovative techniques as a medium to creatively reimagine and elevate cultural and knowledge assets as currently practiced by local artisans, organizations and other entities in Igbo land and activate and attain a better and sustainable means of economic empowerment for the communities. It shall perform all other acts incidental to or necessary for the accomplishment of such purposes and that are not inconsistent with or in conflict with the Code or the Act, including, but not limited to, the making of contributions to other nonprofit organizations for purposes consistent with the purposes of the Corporation.

To engage in good design practices and innovative techniques as medium to creatively reimagine and elevate cultural and knowledge assets as currently practiced by local artisans, organizations and other entities in igbo land, attain a better and sustainable means of economic empowerment for such indigenous communities and increase awareness of and sustain igbo culture through research and education.

Program Services

DescriptionGrantsExpenses
THE CORPORATION WILL (A) PROVIDE GRANTS TO CHARITABLE ORGANIZATIONS THAT PROMOTE, ELEVATE AND PRESERVE IGBO CULTURAL ASSETS WITHIN AND WITHOUT THE UNITED STATES; (B) ENGAGE WITH THE GENERAL PUBLIC, COMMUNITY LEADERS AND SCHOLARS TO ELEVATE AWARENESS OF THE IGBO CULTURE; AND (C) DEVELOP BOTH PHYSICAL AND DIGITAL CONTENT WHICH ELEVATES AND DEMONSTRATES IGBO CULTURE AND RAISES AWARENESS OF PARTICULAR ISSUESIMPACTING INDIGENOUS COMMUNITIES.$100,000$30,396
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
OBIORA NWAZOTAPresidentPT$0--
IEVA KASEMIRAVice President-$0--
IFENLOTA OJIAKOSecretary-$0--
WILLIAM ENZENBERGERTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Afamefuna Inc
EIN
87-1757342
Phone
7738188022
Address
419 WEST SUPERIOR STREET, CHICAGO, IL 60654

Signing Officer

Name
Obiora Nwazota
Title
President
Phone
7738188022
Signed
2023-08-23
Discuss with paid preparer
Yes

Preparer

Firm
Weiss & Company Llp
Address
2700 PATRIOT BOULEVARD - SUITE 400, GLENVIEW, IL 60026
Preparer
Christopher S Bozarth
Phone
8474418800
Raw XML Appendix138 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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IRS990EZ/ProhibitedTaxShelterTransInd00
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TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
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ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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Filings