Found Village

EIN: 814106901 501(c)(3) Youth Development

Cincinnati, OH

Total Revenue
$2,020,388
Total Expenses
$1,867,017
Total Assets
$1,084,063
Net Assets
$448,492
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
OH
Principal Officer
Iloba Nzekwu
Phone
5133785865
Tax Period
2024-07-01 to 2025-06-30

Found Village, founded in 2016, is a community nonprofit in the Youth Development sector that reported $2.0M in total revenue in fiscal year 2024. Revenue grew 18% year-over-year, indicating healthy expansion. Expenses of $1.9M left a modest 8% surplus.

Mission

We create conditions for young people to thrive. We do this by creating a community of care for young people who have not achieved success despite the efforts of other agencies. Our vision is to ensure that every young person and their future generations are no longer system involved and living a full life.

Program Service Accomplishments

Program 1
Expenses: $594,394 Revenue: $271,956

Coaching and Mentoring: While some social systems attempt to "parent" the youth that they serve, the results of involvement in these systems for the youth that they serve indicate that they often...

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Coaching and Mentoring: While some social systems attempt to "parent" the youth that they serve, the results of involvement in these systems for the youth that they serve indicate that they often fail to achieve results. For one example, only 13% of foster youth in the United States ever mobilize out of poverty as adults. When young people reach the age range of 18-21, they lose eligibility for the services that have sustained them and are left with no formal support. We seek to provide a community that can encourage stability for system-involved youth, helping them to reduce major disruptive life events (i.e., hospitalization, arrest, running away, and suspension).

Program 2
Expenses: $261,936 Revenue: $119,845

Experiences and Enrichment: Enrichment opportunities give our youth the opportunity to explore their interests and talents, a luxury that many of them have not received prior to joining Found...

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Experiences and Enrichment: Enrichment opportunities give our youth the opportunity to explore their interests and talents, a luxury that many of them have not received prior to joining Found Village. Enrichment activities offered to youth by our partners include training in the arts, sports, and activities in natural spaces, all of which provide our young people with a chance to examine their talents and interests.

Program 3
Expenses: $151,117 Revenue: $69,142

Education Intervention and Support: FV provides service toward education support with after school tutoring, career exploration and guidance & counseling.

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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 $1,495,753
Program Service Revenue $460,943
Investment Income $62,306
Other Revenue $1,386
TOTAL REVENUE $2,020,388

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,243,121
Fundraising Expenses $430,232
Program Expenses $1,007,447
Other Expenses $572,121
TOTAL EXPENSES $1,867,017

Year-over-Year Comparison

2024 2023 Change
Revenue $2,020,388 $1,709,076 +0.2%
Expenses $1,867,017 $1,577,249 +0.2%
Net Income $153,371 $131,827 +0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
7
Employees
19
Volunteers
10

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
2
$225,250
Total Directors
10
$225,250
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Ashton Wilson Trustee 1.00
Director
$0 $0 $0
Christina Duffy Trustee 1.00
Director
$0 $0 $0
Michael Moore Trustee - Exit 10/2024 1.00
Director
$0 $0 $0
Hammad Siddiqi Trustee 1.00
Director
$0 $0 $0
Brian Pfeiffer Trustee 1.00
Director
$0 $0 $0
Addison Hobbs Trustee 1.00
Director
$0 $0 $0
Jude Schramm Trustee - Start 10/2024 1.00
Director
$0 $0 $0
Niro Wijesooriya Trustee - Start 10/2024 1.00
Director
$0 $0 $0
Katie Nzekwu CoExecutive Director 40.00
Officer Director
$98,612 $7,167 $105,779
Iloba Nzekwu CoExecutive Director 40.00
Officer Director
$114,774 $4,697 $119,471
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 $2,020,388 $1,867,017 $1,084,063 $153,371
2024 $1,709,076 $1,577,249 $901,484 $131,827
2023 $1,287,448 $1,347,686 $554,667 $-60,238
2022 $1,170,905 $1,234,568 $540,517 $-63,663
2021 $1,082,930 $970,404 $359,511 $112,526
2019 $433,972 $307,612 $191,964 $126,360
2018 $219,421 $158,575 $65,512 $60,846
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