YEMI AND BUKOLA ADASOFUNJO FOUNDATION INC

EIN: 821097511 501(c)(3) Human Services

Princeton, NJ

Total Revenue
$260,061
Total Expenses
$40,678
Total Assets
$741,139
Net Assets
$741,139
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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
2017
Legal Domicile
NJ
Principal Officer
Matthew Adasofunjo
Phone
7084351404
Tax Period
2025-01-01 to 2025-12-31

YEMI AND BUKOLA ADASOFUNJO FOUNDATION INC, founded in 2017, is a small nonprofit in the Human Services sector that reported $260K in total revenue in fiscal year 2025. The organization ran a surplus of $219K, a strong 84% operating margin.

Mission

Health and Educational Advancement of the Under-served. Support of religious based initiatives for community outreach

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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 (2025)

Revenue Breakdown

Contributions & Grants $150,000
Program Service Revenue $0
Investment Income $110,061
Other Revenue $0
TOTAL REVENUE $260,061

Expense Breakdown

Grants Paid $40,678
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $40,678
Other Expenses $0
TOTAL EXPENSES $40,678

Year-over-Year Comparison

2025 2024 Change
Revenue $260,061 $260,061 N/A
Expenses $40,678 $40,678 N/A
Net Income $219,383 $219,383 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
5
Independent Members
3
Employees
N/A
Volunteers
4

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
Dr Matthew Oyeyemi Adasofunjo President/Director 5
Director
$0 $0 $0
Dr Oluwabukola Princess Adasofunjo Treasurer/Director 3
Director
$0 $0 $0
Dr Gregory O Fakorede Secretary/Director 0.5
Director
$0 $0 $0
Dr Olubunmi Adekugbe Director 0.5
Director
$0 $0 $0
Dr Olutayo Ibukun Olubiyi Director 0.5
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
2025 $260,061 $40,678 $741,139 $219,383
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