Nonprofit · EIN 20-3498204
THE GEANCO FOUNDATION
Tax-exempt · LOS ANGELES, CA 90036
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,078,001 | $1,141,828 | -$63,827 | $914,459 | $80,340 | $834,119 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,059,720
- Program service revenue
- $0
- Investment income
- $18,281
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $100,000
- Compensation of officers, directors and key employees
- $279,729
- Salaries, compensation and benefits (total)
- $317,225
- Professional fundraising fees
- $0
- Accounting fees
- $16,000
- Travel
- $11,628
- Program services (functional)
- $894,401
- Management and general (functional)
- $96,154
- Fundraising (functional)
- $151,273
Balance sheet and other
- Total assets, start of year
- $954,547
- Total assets, end of year
- $914,459
- Total liabilities, end of year
- $80,340
- Net assets, end of year
- $834,119
- Publicly traded securities
- $204,775
- Net assets without donor restrictions
- $605,387
- Net assets with donor restrictions
- $228,732
- Gross receipts
- $1,078,001
- Employees
- 2
- Volunteers
- 20
- Year formed
- 2005
- State of legal domicile
- IL
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 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| AFAM ONYEMA | CEO AND CO-FOUNDER Trustee or director, Officer | 70 | $239,729 | $15,118 |
| DR GODWIN ONYEMA | PRESIDENT AND CO-FOUNDER Trustee or director, Officer | 35 | $40,000 | $0 |
| TONY ARCHIBONG | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| DR KEVIN EL-HAYEK | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| MARK JOHNSON | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| STEVE KIRSCHNER | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| SAM NESWICK | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| EBELE ONYEMA | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| GOZIE ONYEMA | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| NCHE ONYEMA | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 5482 WILSHIRE BLVD 186, LOS ANGELES, CA 90036-4218
- Principal officer (990 for 2024)
- AFAM ONYEMA, 5482 WILSHIRE BLVD 186, LOS ANGELES, CA 90036
- Signed the 990
- AFAM ONYEMA, CEO
- Phone
- (708) 439-1462
- Return prepared by
- SASSETTI LLC
Mission
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.
Program accomplishments
- 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.Expenses $428,136 · grants $100,000
- 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.Expenses $211,418
- 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.Expenses $254,847
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 20-3498204
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2006
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- International, foreign affairs and national security (Q33)
- Assets (IRS master file)
- $914,459
- Income (IRS master file)
- $1,078,001
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $1,132,328 | $1,031,822 | $954,547 | IRS |
| 990 | December 2022 | $624,533 | $874,655 | $752,148 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about THE GEANCO FOUNDATION
- What is the EIN of THE GEANCO FOUNDATION?
- The employer identification number (EIN) of THE GEANCO FOUNDATION is 20-3498204.
- Is THE GEANCO FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2006.
- Are donations to THE GEANCO FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does THE GEANCO FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of THE GEANCO 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 GEANCO FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of THE GEANCO FOUNDATION?
- The 990 for the year ended December 31, 2024 names AFAM ONYEMA.
- Who are the officers and directors of THE GEANCO FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 10 people; 2 received compensation from the organization, the highest $239,729 (AFAM ONYEMA, CEO AND CO-FOUNDER).
- How much revenue does THE GEANCO FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,078,001, expenses of $1,141,828 and total assets of $914,459 at year end.
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All nonprofits in LOS ANGELES · California · International, foreign affairs and national security