ONGOZA FOUNDATION INC

EIN: 464299032 501(c)(3)

New York, NY

Total Revenue
$236,748
Total Expenses
$174,382
Total Assets
$424,727
Net Assets
$424,727
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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
2014
Legal Domicile
NJ
Principal Officer
Lisa Issroff
Phone
6466063527
Tax Period
2020-01-01 to 2020-12-31

ONGOZA FOUNDATION INC, founded in 2014, is a small nonprofit that reported $237K in total revenue in fiscal year 2020. Revenue fell 61% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $62K, a strong 26% operating margin.

Mission

To support the mission of Ongoza Institute in Kenya and other qualified entities in support of it's goal to help entrepreneurs grow their businesses.

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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 (2020)

Revenue Breakdown

Contributions & Grants $236,748
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $236,748

Expense Breakdown

Grants Paid $170,255
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $174,382
Other Expenses $4,127
TOTAL EXPENSES $174,382

Year-over-Year Comparison

2020 2019 Change
Revenue $236,748 $609,586 -0.6%
Expenses $174,382 $422,254 -0.6%
Net Income $62,366 $187,332 -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

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
5
Independent Members
5
Employees
N/A
Volunteers
N/A

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
0
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Daniel Goldman Board Member 10
Director
$0 $0 $0
Parminder Vir OBE Board Member 10
Director
$0 $0 $0
George Njenga Board Member 10
Director
$0 $0 $0
Alexei Dunaway Board Member 10
Director
$0 $0 $0
Eddy Gicheru Oketch Board Member 10
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
2020 $236,748 $174,382 $424,727 $62,366
2019 $609,586 $422,254 $362,361 $187,332
2018 $405,160 $407,912 $175,029 $-2,752
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