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Nonprofit · EIN 33-2350920

FAMILY OTULANA FOUNDATION

Tax-exempt · RALEIGH, NC 27613

Financials

$100K$7K2024$7K$2K2025
Revenue Expenses · by fiscal year end
Financials of FAMILY OTULANA FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$6,663$2,041$4,622$97,959$0$97,959
December 31, 2024990-PF$100,000$6,663$93,337$100,000$6,663$93,337
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Dividends
$239
Interest
$2
Other income
$6,422

Expenses

Grants and similar amounts paid
$0
Excise tax on investment income
$89

Balance sheet and other

Total assets, start of year
$100,000
Total assets, end of year
$97,959
Total liabilities, end of year
$0
Net assets, end of year
$97,959
Fair market value of assets
$97,959
Net investment income
$6,422

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, 2025, highest compensation first.

NameTitleHours / weekCompensation
BABATUNDE OTULANA
9805 NAJMA ST, RALEIGH, NC 27613
CEO/PRESIDEN0$0
MOSOPEFOLUWA OTULANA
9805 NAJMA ST, RALEIGH, NC 27613
CFO0$0
JAVON FLUKER
2841 MANOCREST CT APT 213, RALEIGH, NC 27609
SECRETARY0$0
RANTIADE OTULANA
9805 NAJMA ST, RALEIGH, NC 27613
BOARD MEMBER0$0
OLUWATOBI OTULANA
9805 NAJMA ST, RALEIGH, NC 27613
BOARD MEMBER0$0
990-PF for the year ended December 31, 2024: 5 people
NameTitleHours / weekCompensation
BABATUNDE OTULANA
9805 NAJMA ST, RALEIGH, NC 27613
CEO/PRESIDEN5$0
MOSOPEFOLUWA OTULANA
9805 NAJMA ST, RALEIGH, NC 27613
CFO5$0
JAVON FLUKER
2841 MANOCREST CT APT 213, RALEIGH, NC 27609
SECRETARY5$0
RANTIADE OTULANA
9805 NAJMA ST, RALEIGH, NC 27609
BOARD MEMBER5$0
OLUWATOBI OTULANA
9805 NAJMA ST, RALEIGH, NC 27609
BOARD MEMBER5$0

Address and contacts

Address (IRS master file)
9805 NAJMA ST, RALEIGH, NC 27613-7878
Signed the 990-PF
BABATUNDE OTULANA, CEO/PRESIDENT
Phone
(510) 459-6179
Return prepared by
MARKHAM MITCHELL & STROUD PLLC

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, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024Check at the IRS

IRS record

EIN
33-2350920
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
2025
Accounting year ends
December
Files
Form 990-PF
Category (NTEE)
Health care (E99)
Assets (IRS master file)
$97,959
Income (IRS master file)
$6,663

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$6,663$2,041$97,959IRS
990-PFDecember 2024$100,000$6,663$100,000IRS

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 33-2350920).

Questions about FAMILY OTULANA FOUNDATION

What is the EIN of FAMILY OTULANA FOUNDATION?
The employer identification number (EIN) of FAMILY OTULANA FOUNDATION is 33-2350920.
Is FAMILY OTULANA FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2025.
Are donations to FAMILY OTULANA FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does FAMILY OTULANA FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of FAMILY OTULANA FOUNDATION due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FAMILY OTULANA FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2025.
Who are the officers and directors of FAMILY OTULANA FOUNDATION?
The 990-PF for the year ended December 31, 2025 lists 5 people; 0 received compensation from the organization.
How much revenue does FAMILY OTULANA FOUNDATION have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $6,663, expenses of $2,041 and total assets of $97,959 at year end.

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