Inurere Foundation

EIN: 332566883 501(c)(3) Education

DOVER, DE

Total Revenue
$1,300,000
Total Expenses
$3,658
Total Assets
$1,300,000
Net Assets
$1,296,342
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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
2024
Legal Domicile
DE
Principal Officer
Sam Immanuel
Tax Period
2024-01-01 to 2024-12-31

Inurere Foundation, founded in 2024, is a community nonprofit in the Education sector that reported $1.3M in total revenue in fiscal year 2024. The organization ran a surplus of $1.3M, a strong 100% operating margin.

Mission

Mission: Create pathways to economic opportunities by investing in human capital. Vision: Finance will not be a barrier to quality education. Significant activities: Making affordable student loans, so students can acquire the training needed to acquire skills for future employment.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,300,000
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,300,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $2,658
Other Expenses $3,658
TOTAL EXPENSES $3,658

Year-over-Year Comparison

2024 2023 Change
Revenue $1,300,000 N/A N/A
Expenses $3,658 N/A N/A
Net Income $1,296,342 N/A N/A
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

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Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
2

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
1
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Sam Immanuel Trustee 0.00
Officer Director
$0 $0 $0
Ashley Immanuel Trustee 0.00
Director
$0 $0 $0
Gloria Abiodun Trustee 0.00
Director
$0 $0 $0
Ola Muse Trustee 0.00
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
2024 $1,300,000 $3,658 $1,300,000 $1,296,342
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