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Nonprofit · EIN 20-3196099

THE ASOMUGHA FOUNDATION

Tax-exempt · TORRANCE, CA 90505

Financials

$28K$31K2023$32K$31K2024
Revenue Expenses · by fiscal year end
Financials of THE ASOMUGHA FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$31,976$31,176$800$22,447$0$22,447
December 31, 2023990-PF$27,850$31,200-$3,350$21,646$0$21,646
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$31,976

Expenses

Grants and similar amounts paid
$31,176
Disbursements for charitable purposes
$31,176

Balance sheet and other

Total assets, start of year
$21,646
Total assets, end of year
$22,447
Total liabilities, end of year
$0
Net assets, end of year
$22,447
Qualifying distributions
$31,176

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Dr Lilian I Asomugha
22632 Felbar Ave, Torrance, CA 90505
President & CEO25$0
Nnamdi Asomugha
22632 Felbar, Torrance, CA 90505
Director0$0
Chijioke Asomugha
22632 Felgar Ave, Torrance, CA 90505
Director0$0
RIchard Rozman
22632 Felbar Ave, Torrance, CA 90505
Director0$0
Frank Oti
22632 Felbar Ave, Torrance, CA 90505
Director0$0
Ari Warmerdam
22632 Felbar Ave, Torrance, CA 90505
Director0$0
Akbar Gbajabiamila
22632 Felbar Ave, Torrance, CA 90505
Director0$0
Amaka Akudinobi
22632 Felbar Ave, Torrance, CA 90505
Director0$0
Dr Clifford Eke
22632 Felbar, Torrance, CA 90505
Director0$0
990-PF for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensation
Dr Lilian I Asomugha
22632 Felbar Ave, Torrance, CA 90505
President & CEO25$0
Nnamdi Asomugha
22632 Felbar, Torrance, CA 90505
Director0$0
Chijioke Asomugha
22632 Felgar Ave, Torrance, CA 90505
Director0$0
RIchard Rozman
22632 Felbar Ave, Torrance, CA 90505
Director0$0
Frank Oti
22632 Felbar Ave, Torrance, CA 90505
Director0$0
Ari Warmerdam
22632 Felbar Ave, Torrance, CA 90505
Director0$0
Akbar Gbajabiamila
22632 Felbar Ave, Torrance, CA 90505
Director0$0
Amaka Akudinobi
22632 Felbar Ave, Torrance, CA 90505
Director0$0
Dr Clifford Eke
22632 Felbar, Torrance, CA 90505
Director0$0

Address and contacts

Address (IRS master file)
22632 FELBAR AVE, TORRANCE, CA 90505-2825
In care of
% DR LILIAN I ASOMUGHA
Signed the 990-PF
Dr Lilian I Asomugha, President & CEO
Phone
(310) 325-0009
Return prepared by
Robert C Dye EA

California records

California keeps its own records of charities and corporations. Search them by EIN 20-3196099 or by the name THE ASOMUGHA FOUNDATION.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
20-3196099
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
2006
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$22,447
Income (IRS master file)
$31,976

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$31,976$31,176$22,447IRS
990-PFDecember 2023$27,850$31,200$21,646XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––IRS
990-PFDecember 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-3196099).

Questions about THE ASOMUGHA FOUNDATION

What is the EIN of THE ASOMUGHA FOUNDATION?
The employer identification number (EIN) of THE ASOMUGHA FOUNDATION is 20-3196099.
Is THE ASOMUGHA FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2006.
Are donations to THE ASOMUGHA FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does THE ASOMUGHA FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of THE ASOMUGHA FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did THE ASOMUGHA FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of THE ASOMUGHA FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
How much revenue does THE ASOMUGHA FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $31,976, expenses of $31,176 and total assets of $22,447 at year end.

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