2025-10-28T17:25:11-05:00 2024-12-31 362239746 SASSETTI LLC 2107 SWIFT DRIVE SUITE 210 OAK BROOK IL 60523 990 2024-01-01 203498204 THE GEANCO FOUNDATION INC GEAN 7084391462 5482 WILSHIRE BLVD 186 LOS ANGELES CA 90036 AFAM ONYEMA CEO 7084391462 2025-10-23 1 0 JESSICA FREIBURG P00629387 7083861433 2025-10-21 2024 2025-03-06 01:10:19Z AFAM ONYEMA 5482 WILSHIRE BLVD 186 LOS ANGELES CA 90036 1078001 0 X WWW.GEANCO.ORG X 2005 IL GEANCO'S MISSION IS TO SAVE AND IMPROVE LIVES IN AFRICA. THE PRINCIPAL ACTIVITIES OF THE FOUNDATION ARE TO RECEIVE AND/OR MAINTAIN FUNDS WHICH ARE USED FOR SPECIAL MEDICAL MISSIONS, MATERNAL AND INFANT HEALTH PROGRAMS, AND SUPPORT OF SCHOOLS IN AFRICA. 10 5 2 20 0 0 1132328 1059720 0 0 0 18281 0 0 1132328 1078001 0 100000 0 0 344985 317225 0 0 151273 686837 724603 1031822 1141828 100506 -63827 954547 914459 80793 80340 873754 834119 X GEANCO'S MISSION IS TO SAVE AND IMPROVE LIVES IN AFRICA. THE PRINCIPAL ACTIVITIES OF THE FOUNDATION ARE TO RECEIVE AND/OR MAINTAIN FUNDS WHICH ARE USED FOR SPECIAL MEDICAL MISSIONS, MATERNAL AND INFANT HEALTH PROGRAMS, AND SUPPORT OF SCHOOLS IN AFRICA. 0 0 428136 100000 IN 2024, GEANCO FUNDED SURGERIES PERFORMED BY LOCAL, NIGERIAN SURGEONS ACROSS NIGERIA. A TOTAL OF 78 SURGERIES WERE SUCCESSFULLY COMPLETED WITHIN 10 NON-CONSECUTIVE DAYS. THE PROCEDURES INCLUDED HERNIORRHAPHY, HYDROCELECTOMY, THYROIDECTOMY, EXCISION BIOPSY, VAGINAL HYSTERECTOMY, MYOMECTOMY, AND CYSTECTOMY, AMONG OTHERS. IN 2023, THE ORGANIZATION WAS ABLE TO PERFORM A LAPAROSCOPIC SURGICAL MISSION AT LIFE INTERNATIONAL HOSPITAL IN NIGERIA. THE ORGANIZATION BROUGHT US SURGEONS THAT WORKED WITH NIGERIAN SURGEONS AND ANESTHESIOLOGISTS AND PERFORMED 73 PROCEDURES ON 33 PATIENTS IN FOUR DAYS. THEY ALSO PROVIDED HANDS-ON LAPAROSCOPIC SURGERY TRAINING AND GAVE LECTURES TO 25 NIGERIAN SURGEONS AND DOCTORS WHO TRAVELED FROM ALL OVER THE COUNTRY TO PARTICIPATE IN THE TRAINING.THE FOUNDATION HAS SIX MATERNITY CENTER CLINICS IN OPERATION IN NIGERIA AS OF JUNE OF 2024. ALL ARE SOLAR POWERED AND PROVIDE PRENATAL AND POSTNATAL CARE, AS WELL AS DELIVERY SERVICES AND VACCINATIONS. THE FOUNDATION HAS A LEADERSHIP SCHOLARSHIP PROGRAM FOR GIRLS IN NIGERIA WHO HAVE BEEN NEGATIVELY IMPACTED BY ACTS OF TERRORISM AND GENDER INEQUALITY. DURING 2021, THE FOUNDATION CONTINUED THE EXPANSION OF ITS ANEMIA PROGRAM AT FOUR HOSPITALS AND CLINICS IN SOUTHEAST NIGERIA. THE FOUNDATIONS LEADERS MADE OFFICIAL VISITS TO THE PARTNER HOSPITALS THAT MANAGE THE DAILY SCREENING AND TREATMENT OF VULNERABLE WOMEN AND CHILDREN FOR ANEMIA, A DANGEROUS BLOOD CONDITION.INCLUDED IN THIS TOTAL ARE ALSO A PORTION OF THE SALARIES OF THE FOUNDATIONS ONLY TWO EMPLOYEES. 211418 IN 2024, GEANCO ANNOUNCED A PARTNERSHIP WITH TWO-TIME NBA MVP SUPERSTAR AND CURRENT MILWAUKEE BUCKS PLAYER GIANNIS ANTETOKOUNMPO AND THE CHARLES ANTETOKOUNMPO FAMILY FOUNDATION TO UNVEIL THEIR INAUGURAL $50,000 COMMUNITY CENTER IN NAWFIA, A VILLAGE IN SOUTHEAST NIGERIA. THE CENTER OFFERS RESOURCES SUCH AS A COMPUTER LAB, LIBRARY WITH EDUCATIONAL MATERIALS, AND SPORTS AND MUSIC EQUIPMENT AND WILL SERVE AS A GATHERING SPACE FOR THE COMMUNITY. 254847 GEANCO OPERATED SIX MATERNITY CENTER CLINICS IN OPERATION IN NIGERIA IN 2024, WITH THE FIRST MATERNITY CENTER DEVELOPED AND BUILT DURING 2020. ALL ARE SOLAR POWERED AND PROVIDE PRENATAL AND POSTNATAL CARE, AS WELL AS DELIVERY SERVICES AND VACCINATIONS. EACH MONTH, OVER 2000 WOMEN RECEIVED CARE AT THESE CENTERS; HUNDREDS OF BABIES ARE BORN, AND HUNDREDS OF INFANTS ARE VACCINATED. 894401 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 2 1 0 0 0 0 0 0 0 0 0 0 0 0 X 10 5 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 CA NY IL X AFAM ONYEMA 7084391462 5482 WILSHIRE BLVD 186 LOS ANGELES CA 90036 AFAM ONYEMA CEO AND CO-FOUNDER 70.00 X X 239729 0 15118 DR GODWIN ONYEMA PRESIDENT AND CO-FOUNDER 35.00 X X 40000 0 0 TONY ARCHIBONG DIRECTOR 0.25 X 0 0 0 DR KEVIN EL-HAYEK DIRECTOR 0.25 X 0 0 0 MARK JOHNSON DIRECTOR 0.25 X 0 0 0 STEVE KIRSCHNER DIRECTOR 0.25 X 0 0 0 SAM NESWICK DIRECTOR 0.25 X 0 0 0 EBELE ONYEMA DIRECTOR 0.25 X 0 0 0 GOZIE ONYEMA DIRECTOR 0.25 X 0 0 0 NCHE ONYEMA DIRECTOR 0.25 X 0 0 0 279729 0 15118 1 0 1 0 0 1059720 1059720 18281 18281 1078001 0 0 18281 100000 100000 279729 197405 52393 29931 15118 10669 2832 1617 22378 15792 4191 2395 16000 16000 28814 18560 10254 11628 8206 2178 1244 PROGRAM - EDUCATION 307482 307482 PROGRAM - HEALTH AND ME 254847 254847 FUNDRAISING 105832 105832 1141828 894401 96154 151273 703500 524023 51446 92040 19018 93621 180583 204775 954547 914459 80793 80340 80793 80340 X 601011 605387 272743 228732 873754 834119 954547 914459 -63827 24192 0 X X 0 1 X 1 0 X 819990 1043700 624533 1132328 1059719 4680270 819990 1043700 624533 1132328 1059719 4680270 525937 4154333 18281 18281 4698551 0.88420 0.93960 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 1102193 24192 24192 1078001 0 1078001 1141828 0 1141828 0 1141828 PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISION OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE ORGANIZATION AND RECOGNIZE A TAX LIABILITY IF THE FOUNDATION HAS TAKEN ANY UNCERTAIN POSITIONS THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE OR OTHER APPLICABLE TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED TAX POSITIONS TAKEN BY THE FOUNDATION AND HAS CONCLUDED THAT THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN AS OF DECEMBER 31, 2024. THUS, NO PROVISION FOR INCOME TAX HAS BEEN PROVIDED FOR IN THE FINANCIAL STATEMENTS. THE FOUNDATION'S FORMS 990, RETURN OF FOUNDATION EXEMPT FROM INCOME TAX, ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. 0 SCHOLARSHIPS 43 100000 X X 0 0 0 0 0 0 0 0 0 AFAM ONYEMA CEO AND CO-FOUNDER 172000 0 67729 0 0 0 0 0 15118 0 254847 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 DR. GODWIN ONYEMA AND AFAM ONYEMA HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B CEO AND CO-FOUNDER REVIEW THE 990 PRIOR TO FILING. THE BOARD OF DIRECTORS IS PROVIDED A COPY OF THE 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. FORM 990, PART VI, SECTION B, LINE 15A THE SALARIES OF THE OFFICERS SHALL BE FIXED FROM TIME TO TIME BY THE BOARD OF DIRECTORS AND NO OFFICER SHALL BE PREVENTED FROM RECEIVING SUCH SALARY BY REASON OF THE FACT THAT HE OR SHE IS ALSO A DIRECTOR OF THE CORPORATION. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE MADE AVAILABLE BY REQUEST. FORM 990, PART XII, LLINE 2C THERE WERE NO CHANGES TO THE AUDIT SELECTION PROCESS FROM THE PRIOR YEAR.