Civic Intelligence

Nneche Inc.

990 • Fiscal year 2024 • EIN 93-4287720

Jan 01, 2024 to Dec 31, 2024 • Filed on Apr 14, 2025

Organization Profile
3225 Mcloed Dr Ste 100Las Vegas, NV 89121

(919) 260-3085

Siviq Scores

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

Liabilities / Assets

74th percentile

0.00x

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

2024 filings • NTEE P12 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

74th percentile

0.00x

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

2024 filings • NTEE P12 • <$500k nonprofits • Source year 2024

Net Margin

94th percentile

93%

Higher net margin than 94% of similar nonprofits.

2024 filings • NTEE P12 • <$500k nonprofits • Source year 2024

Top Officer Pay

96th percentile

$0

Higher top officer pay than 96% of similar nonprofits.

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

2024 filings • NTEE P12 • <$500k nonprofits • Source year 2024

Asset Growth

88th percentile

92%

Faster asset growth than 88% of similar nonprofits.

2024 filings • NTEE P12 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

52nd percentile

-2.5%

Faster revenue growth than 52% of similar nonprofits.

2024 filings • NTEE P12 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets74th percentile

Assets

Up

$364,915

Up $174,915 (+92%) from 2023

Net Assets

Up

$364,915

Up $180,710 (+98%) from 2023

Liabilities

Down

$0

Down $5,795 (-100%) from 2023

Revenue And Expenses
Liabilities / Revenue74th percentileNet Margin94th percentile

Revenue

Down

$195,000

Down $5,000 (-2.5%) from 2023

Expenses

Down

$14,290

Down $1,505 (-9.5%) from 2023

Net Income

Down

$180,710

Down $3,495 (-1.9%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth88th percentile

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

$400K$300K$200K$100K$0Assets 2023: $190,000Liabilities 2023: $5,795Net Assets 2023: $184,2052023Assets 2024: $364,915Liabilities 2024: $0Net Assets 2024: $364,9152024Assets 2025: $346,365Liabilities 2025: $0Net Assets 2025: $346,3652025

Highlighted filing

2024

Assets$364,915
Liabilities$0
Net Assets$364,915
Open 2024 Filing

Operations Trend

Revenue Growth52nd percentile

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

$200K$100K$0-$100KRevenue 2023: $200,000Expenses 2023: $15,795Net Income 2023: $184,2052023Revenue 2024: $195,000Expenses 2024: $14,290Net Income 2024: $180,7102024Revenue 2025: $0Expenses 2025: $18,550Net Income 2025: -$18,5502025

Highlighted filing

2024

Revenue$195,000
Expenses$14,290
Net Income$180,710
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 14, 2025
Return Version
2024v5.1
Gross Receipts
$195,000
Mission and Program Overview

Mission

NneChe Inc., is an organization for the charitable purpose of engaging in humanitarian relief in multiple forms, including but not limited to providing access to food, shelter, clothes, or other basic necessities and donation to other similar 501 (c) (3) organizations.

NneChe, Inc. is organized for the charitable purpose of engaging in humanitarian relief in multiple forms, including but not limited to providing access to food, shelter, clothes, or other basic necessities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$190,000$364,915▲ $174,915
Total Assets$190,000$364,915▲ $174,915
Liabilities
Accounts Payable and Accrued Expenses$5,795--
Total Liabilities$5,795$0▼ $5,795
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$184,205$364,915▲ $180,710
Total Net Assets Fund Balance$184,205$364,915▲ $180,710
Total Liabilities and Net Assets / Fund Balance$190,000$364,915▲ $174,915
Compensation and Service Providers
Top Officer Pay96th percentile

Board Members and Trustees

NameTitle
Uchechukwu OkamPres
Nneka F YoungV Pres
Revenue and Support

Revenue Composition

Contributions and Grants
$195,000
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$195,000
Change in Net Assets
$180,710
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$14,040
Other Expenses$250
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$14,040--$14,040
Fees for Services Accounting-$250-$250
Total Functional Expenses$14,040$250$0$14,290
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Palace of Prayer AssemblyRolesville, NC--$9,040
Champions Victory ChurchRaleigh, NC--$5,000
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
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 19

“Upon request, documents would be made available at a time and place mutually convenient”

Filing and Contact Details

Filer

Filer Name
Nneche Inc
EIN
93-4287720
In Care Of
% UCHECHUKWU OKAM
Phone
9192603085
Address
3225 MCLOED DR STE 100, Las Vegas, NV 89121

Signing Officer

Name
Uchechukwu Okam
Title
President
Phone
9192603085
Signed
2025-04-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Uchechukwu Okam
Formed
2023
Legal Domicile
Nv
Voting Board Members
2
Independent Board Members
0
Employees
0

Preparer

Firm
Morrison Tax & Accounting Services Inc
Address
320 N Judd PKWY NE Ste 218, Fuquay Varina, NC 27526
Preparer
Deirdre C Morrison
Phone
9196275855
Supplemental Narrative

Additional Explanations

Form 990, Part IV, Line 11B

“Electronic copy of 990 provided to all board memebrs prior to filing”

Raw XML Appendix294 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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IRS990/FormationYr02023
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IRS990ScheduleI/RecipientTable/CashGrantAmt19040
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IRS990ScheduleI/RecipientTable/RecipientEIN1831535071
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/BusinessOfficerGrp/PhoneNum09192603085
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-04-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NNECHE INC
ReturnHeader/Filer/BusinessNameControlTxt0NNEC
ReturnHeader/Filer/EIN0934287720
ReturnHeader/Filer/InCareOfNm0% UCHECHUKWU OKAM
ReturnHeader/Filer/PhoneNum09192603085
ReturnHeader/Filer/USAddress/AddressLine1Txt03225 MCLOED DR STE 100
ReturnHeader/Filer/USAddress/CityNm0Las Vegas
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NV
ReturnHeader/Filer/USAddress/ZIPCd089121
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0811357083
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Morrison Tax & Accounting Services Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0320 N Judd PKWY NE Ste 218
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Fuquay Varina
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd027526
ReturnHeader/PreparerPersonGrp/PhoneNum09196275855
ReturnHeader/PreparerPersonGrp/PreparationDt02025-04-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Deirdre C Morrison
ReturnHeader/ReturnTs02025-04-14T12:34:41-00:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$364,915
Liabilities
$0
Net assets
$364,915
Revenue
$195,000
Expenses
$14,290
Net income
$180,710
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.46$0.00$3.46$0.00$0.19$0.19
2024Detailed filing. Detailed filing data is available for this year.$3.65$0.00$3.65$1.95$0.14$1.81
2023Detailed filing. Detailed filing data is available for this year.$1.90$0.06$1.84$2.00$0.16$1.84