UMU IGBO UNITE CORPORATION

EIN: 383723717 501(c)(3) Arts, Culture & Humanities

ATLANTA, GA

Total Revenue
$665,153
Total Expenses
$698,474
Total Assets
$155,930
Net Assets
$-86,083
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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
2009
Legal Domicile
GA
Principal Officer
Ijeoma Okoli
Phone
9177033742
Tax Period
2023-01-01 to 2023-12-31

UMU IGBO UNITE CORPORATION, founded in 2009, is a small nonprofit in the Arts, Culture & Humanities sector that reported $665K in total revenue in fiscal year 2023.

Mission

CULTURAL AND EDUCATIONAL PURPOSES

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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 (2023)

Revenue Breakdown

Contributions & Grants $463,500
Program Service Revenue $201,653
Investment Income $0
Other Revenue $0
TOTAL REVENUE $665,153

Expense Breakdown

Grants Paid $11,750
Salaries & Benefits $2,251
Fundraising Expenses $165,724
Program Expenses $427,410
Other Expenses $684,473
TOTAL EXPENSES $698,474

Year-over-Year Comparison

2023 2022 Change
Revenue $665,153 $622,079 +0.1%
Expenses $698,474 $751,826 -0.1%
Net Income $-33,321 $-129,747 -0.7%
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

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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
18
Independent Members
18
Employees
1
Volunteers
40

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
4
$0
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GOLD OKAFOR PRESIDENT 10.00
Officer
$0 $0 $0
MICAHEL IHEAKANWA VICE PRESIDENT 10.00
Officer
$0 $0 $0
PAUL NJOKU TREASURER 10.00
Officer
$0 $0 $0
ADAKU ONWUZURUMBA SECRETARY 10.00
Officer
$0 $0 $0
EMEKA OKPUKPARA VP OF STRATEGY 10.00
Director
$0 $0 $0
IJEOMA OKOLI CEO 10.00
Director
$0 $0 $0
AMAKA ONYERERI BOARD MEMBER 10.00
Director
$0 $0 $0
IJEOMA EMEKA BOARD MEMBER 10.00
Director
$0 $0 $0
UCHE NDEFO BOARD MEMBER 10.00
Director
$0 $0 $0
ONYINYE IGBOKWE BOARD MEMBER 10.00
Director
$0 $0 $0
CHINEDU OKPUKPARA CHEIF FINANCIAL ADVISOR 10.00
Director
$0 $0 $0
NJIDEKA ANADU BOARD MEMBER 10.00
Director
$0 $0 $0
NKEM NWANKWO BOARD MEMBER 10.00
Director
$0 $0 $0
CHIMAOBI NWANKWO BOARD MEMBER 10.00
Director
$0 $0 $0
OBINNA ACHAREKE BOARD MEMBER 10.00
Director
$0 $0 $0
ADAORA OKORO BOARD MEMBER 10.00
Director
$0 $0 $0
EJIKEME OKOROHA BOARD MEMBER 10.00
Director
$0 $0 $0
CHUKWUMA EKWUEME BOARD MEMBER 10.00
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 No data No data No data No data
2023 $665,153 $698,474 $155,930 $-33,321
2022 $622,832 $751,826 $151,229 $-128,994
2021 $517,509 $481,342 No data $36,167
2020 $18,864 $18,849 No data $15
2019 $156,547 $168,101 $39,255 $-11,554
2018 $304,730 $344,634 $6,488 $-39,904
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