Nigeria Higher Education Foundation Inc (EIN 201507726) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2004

Legal Domicile

Principal Officer

Wale Adeosun

Phone

9178701417

Tax Period

2025-01-01 to 2025-12-31

Nigeria Higher Education Foundation Inc, founded in 2004, is a small nonprofit in the Education sector that reported $353K in total revenue in fiscal year 2025. Revenue surged 54% from the prior year, signaling strong growth momentum.

Mission

TO ENHANCE THE ABILITY OF NIGERIAN UNIVERSITIES TO HELP ADDRESS AND SOLVE NIGERIAS MOST PRESSING SOCIAL PROBLEMS TO ENABLE ECONOMIC DEVELOPMENT AND TO PROMOTE A LASTING AND STABLE DEMOCRACY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $353,294

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $353,294

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $165,713

Program Expenses $177,083

Other Expenses $346,826

TOTAL EXPENSES $346,826

Year-over-Year Comparison

	2025	2024	Change
Revenue	$353,294	$229,175	+0.5%
Expenses	$346,826	$170,996	+1.0%
Net Income	$6,468	$58,179	-0.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GBENGA OGEDEGBE MD MPH MS	DIRECTOR	0.50	Director	$0	$0	$0
KAMAL PALLAN	TREASURER	0.50	Officer Director	$0	$0	$0
TITI ODUFNA	DIRECTOR	0.50	Director	$0	$0	$0
WALE ADEOSUN	PRESIDENT	0.50	Officer Director	$0	$0	$0
IFEOMA NWOKORIE	VICE PRESIDENT	0.50	Director	$0	$0	$0
JOHNBULL OKPARA	DIRECTOR	0.50	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$353,294	$346,826	$100,370	$6,468
2024	$229,175	$170,996	$87,739	$58,179
2023	$279,577	$249,016	$32,560	$30,561
2022	No data	No data	$12,586	No data
2021	No data	No data	$12,586	No data
2020	$87,274	$108,431	$12,586	$-21,157
2018	$111,375	$118,619	$22	$-7,244

Nigeria Higher Education Foundation Inc