The Denis & Lenora Foretia Foundation Inc

EIN: 461230524 501(c)(3) International Affairs

Decatur, GA

Total Revenue
$686,785
Total Expenses
$817,233
Total Assets
$75,888
Net Assets
$66,435
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
GA
Principal Officer
Dr Denis Foretia
Phone
4044361510
Tax Period
2024-01-01 to 2024-12-31

The Denis & Lenora Foretia Foundation Inc, founded in 2012, is a small nonprofit in the International Affairs sector that reported $687K in total revenue in fiscal year 2024. Revenue surged 35% from the prior year, signaling strong growth momentum. Expenses of $817K exceeded revenue, resulting in a 19% operating deficit.

Mission

To catalyze Africa's economic transformation by focusing on social entrepreneurship, science & technology innovation, public health & progressive policies that create economic opportunities for all.

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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 $686,785
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $686,785

Expense Breakdown

Grants Paid $0
Salaries & Benefits $274,433
Fundraising Expenses $6,689
Program Expenses $535,062
Other Expenses $542,800
TOTAL EXPENSES $817,233

Year-over-Year Comparison

2024 2023 Change
Revenue $686,785 $507,977 +0.4%
Expenses $817,233 $632,965 +0.3%
Net Income $-130,448 $-124,988 +0.0%
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
10
Independent Members
4
Employees
N/A
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
3
$6,696
Total Directors
8
$38,099
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Dr Jean Cedric Kouam Director 40.00
Director
$13,286 $0 $13,286
Fouefack Ebenizer Director of Programs and Strategy 40.00
$10,982 $0 $10,982
Sylvia Namondo Ezukwa Director 40.00
Director
$10,536 $0 $10,536
Jean Blaise Nkonga Interim Chief Operating Officer 40.00
$9,964 $0 $9,964
Dr Mfondo Merlin Director 40.00
Director
$9,134 $0 $9,134
Benjamin Tanyi Chief Executive Officer 40.00
$9,107 $0 $9,107
Bishi Liliane Cumber COO 20.00
Officer
$6,696 $0 $6,696
Bruno Ittia Director 20.00
Director
$5,143 $0 $5,143
Dr Denis Foretia Chairman 15.00
Officer Director
$0 $0 $0
Mrs Lenora Ebule Chairman 6.00
Officer Director
$0 $0 $0
Mrs Chinje Mbonde Chairman 0.00
Director
$0 $0 $0
Mr Awunjia Francis Treasurer 0.00
Director
$0 $0 $0
Mrs Mirbel Ajong Trustee 0.00
$0 $0 $0
Robert Natchouang N/A 0.00
$0 $0 $0
Dr Ronald Gobina N/A 0.00
$0 $0 $0
Francis Tazoacha N/A 0.00
$0 $0 $0
Dr Steve Tametong N/A 0.00
$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 $686,785 $817,233 $75,888 $-130,448
2020 $245,532 $232,020 $14,302 $13,512
2019 $206,069 $224,169 $2,476 $-18,100
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