THE ASKINOSIE FOUNDATION

EIN: 824109289 501(c)(3) Youth Development

SPRINGFIELD, MO

Total Revenue
$208,946
Total Expenses
$245,468
Total Assets
$86,582
Net Assets
$81,946
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
MO
Principal Officer
MELISSA GELNER
Phone
4178629900
Tax Period
2023-01-01 to 2023-12-31

THE ASKINOSIE FOUNDATION, founded in 2018, is a small nonprofit in the Youth Development sector that reported $209K in total revenue in fiscal year 2023. Revenue surged 25% from the prior year, signaling strong growth momentum. Expenses of $245K exceeded revenue, resulting in a 17% operating deficit.

Mission

THE MISSION AND PRINCIPAL PURPOSE OF THE FOUNDATION SHALL BE TO EMPOWER YOUTH, FAMILIES, AND COMMUNITIES WITH THE TOOLS AND CONFIDENCE THEY NEED TO ACHIEVE THEIR HIGHEST GOALS AND POTENTIAL.

Program Service Accomplishments

Program 1
Expenses: $229,198

THE ASKINOSIE FOUNDATION OPERATES CHOCOLATE UNIVERSITY WITH A COMBINATION OF INTERNATIONAL AND DOMESTIC PROGRAMMING. IN RURAL TANZANIA, EMPOWERED GIRLS AND ENLIGHTENED BOYS CLUBS MEET AFTER SCHOOL...

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THE ASKINOSIE FOUNDATION OPERATES CHOCOLATE UNIVERSITY WITH A COMBINATION OF INTERNATIONAL AND DOMESTIC PROGRAMMING. IN RURAL TANZANIA, EMPOWERED GIRLS AND ENLIGHTENED BOYS CLUBS MEET AFTER SCHOOL ONCE PER WEEK TO LEARN IMPORTANT LIFE SKILLS, RECEIVE NECESSARY FEMININE AND GENERAL HYGIENE SUPPLIES AND KNOWLEDGE, AND WRITE VISION STATEMENTS TO HELP SET AND ACCOMPLISH THEIR GOALS. CELEBRATIONS ARE HIGHLIGHTED WITH SCHOLARSHIPS FOR UNIVERSITY PREPARATION CLASSES AND A STUDENT-LED GRADUATION CEREMONY. 2023 REGISTRATION IN THE SIX CLUBS NUMBERS 1200 STUDENTS. THE CHEKECHEA EARLY LEARNING CENTER CONTINUES TO SUCCEED WITH INCREASED INDEPENDENCE IN OPERATIONS BY THE FARMER-LED COOPERATIVE. ENROLLMENT REMAINS JUST UNDER 100 STUDENTS WITH NEW RECRUITMENT AND PROGRAMMING PLANNED FOR 2024. DOMESTIC PROGRAMS CONTINUED TO PERFORM WELL WITH INCREASED INTEREST IN CLASSROOM VISITS (15+ IN 2023) AND A NEW MIDDLE SCHOOL COLLABORATION WITH DRURY UNIVERSITY'S SUMMERSCAPE PROGRAM. ADDITIONALLY, IN 2023, THE CHOCOLATE UNIVERSITY HIGH SCHOOL IMMERSION EXPERIENCE INVITED 15 LOCAL STUDENTS TO PREPARE FOR AND EVENTUALLY ACCOMPANY ASKINOSIE CHOCOLATE EXECUTIVES ON A COCOA-BUYING TRIP TO MABABU TANZANIA. IN THIS RURAL VILLAGE, THE HIGH SCHOOL STUDENTS EXECUTED STUDENT-LED PROJECTS AND ENGAGE WITH COCOA FARMER-LED COMMUNITY INITIATIVES.

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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 $207,663
Program Service Revenue $0
Investment Income $1,283
Other Revenue $0
TOTAL REVENUE $208,946

Expense Breakdown

Grants Paid $0
Salaries & Benefits $44,768
Fundraising Expenses $0
Program Expenses $229,198
Other Expenses $200,700
TOTAL EXPENSES $245,468

Year-over-Year Comparison

2023 2022 Change
Revenue $208,946 $167,749 +0.2%
Expenses $245,468 $153,829 +0.6%
Net Income $-36,522 $13,920 -3.6%
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

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Governance

Voting Members
8
Independent Members
8
Employees
2
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
5
$39,771
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MELISSA GELNER EXECUTIVE DI 10.00
Officer
$39,771 $0 $39,771
LAWREN ASKINOSIE MEMBER 1.00
Director
$0 $0 $0
SHAWN ASKINOSIE MEMBER & FOU 1.00
Officer Director
$0 $0 $0
EMANUEL CHIKOTI SECRETARY 1.00
Officer Director
$0 $0 $0
DONITA COX MEMBER 1.00
Director
$0 $0 $0
TAYLOR CURTIS MEMBER 1.00
Director
$0 $0 $0
ERIC HANSEN PRESIDENT 1.00
Officer Director
$0 $0 $0
KURT HELLWEG MEMBER 1.00
Director
$0 $0 $0
JOE JOHNSON MEMBER 1.00
Director
$0 $0 $0
VIOLET LEONARD MEMBER 1.00
Director
$0 $0 $0
TOM PRATER TREASURER 1.00
Officer 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 $208,946 $245,468 $86,582 $-36,522
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