OGUNLESI FAMILY FUND

EIN: 994793136

NEW YORK, NY

Total Revenue
$500,050
Total Expenses
$50
Total Assets
$500,000
Net Assets
$500,000
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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
2024
Legal Domicile
NY
Principal Officer
GEOFF OGUNLESI
Phone
2069475880
Tax Period
2024-07-19 to 2024-12-31

OGUNLESI FAMILY FUND, founded in 2024, is a small nonprofit that reported $500K in total revenue in fiscal year 2024. The organization ran a surplus of $500K, a strong 100% operating margin.

Mission

TO PROMOTE SOCIAL WELFARE, INCLUDING CHARITABLE ACTIVITIES. THE ORGANIZATION EXPECTS THAT ITS PRIMARY ACTIVITY WILL BE MAKING GRANTS TO OTHER CHARITABLE ORGANIZATIONS.

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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 $500,050
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $500,050

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $50
TOTAL EXPENSES $50

Year-over-Year Comparison

2024 2023 Change
Revenue $500,050 N/A N/A
Expenses $50 N/A N/A
Net Income $500,000 N/A 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
3
Independent Members
3
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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GEOFF OGUNLESI PRESIDENT 0.25
Officer Director
$0 $0 $0
CARL OGUNLESI SECRETARY 0.25
Officer Director
$0 $0 $0
MICHAEL WALES TREASURER 0.25
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 $500,050 $50 $500,000 $500,000
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