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Nonprofit · EIN 46-1230524

DENIS & LENORA FORETIA FOUNDATION INC

Tax-exempt (reinstated) · DECATUR, GA 30032

Financials

$687K$817K2024
Revenue Expenses · by fiscal year end
Financials of DENIS & LENORA FORETIA FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$686,785$817,233-$130,448$75,888$9,453$66,435
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$686,785
Membership dues
$43,082
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$44,795
Other salaries and wages
$181,498
Salaries, compensation and benefits (total)
$274,433
Professional fundraising fees
$0
Legal fees
$15,408
Occupancy
$34,524
Travel
$124,964
Depreciation
$22,108
Program services (functional)
$535,062
Management and general (functional)
$275,482
Fundraising (functional)
$6,689

Balance sheet and other

Total assets, start of year
$202,109
Total assets, end of year
$75,888
Total liabilities, end of year
$9,453
Net assets, end of year
$66,435
Land, buildings and equipment
$32,954
Net assets without donor restrictions
-$571,575
Net assets with donor restrictions
$638,010
Gross receipts
$686,785
Employees
0
Volunteers
40
Year formed
2012
State of legal domicile
GA

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.

NameTitleHours / weekCompensation
Dr Jean Cedric KouamDirector
Trustee or director
40$13,286
Fouefack EbenizerDirector of Programs and Strategy40$10,982
Sylvia Namondo EzukwaDirector
Trustee or director
40$10,536
Jean Blaise NkongaInterim Chief Operating Officer40$9,964
Dr Mfondo MerlinDirector
Trustee or director
40$9,134
Benjamin TanyiChief Executive Officer40$9,107
Bishi Liliane CumberCOO
Officer
20$6,696
Bruno IttiaDirector
Trustee or director
20$5,143
Dr Denis ForetiaChairman
Trustee or director, Officer
15$0
Mrs Lenora EbuleChairman
Trustee or director, Officer
6$0
Mrs Chinje MbondeChairman
Trustee or director
0$0
Mr Awunjia FrancisTreasurer
Trustee or director
0$0
Mrs Mirbel AjongTrustee
Institutional trustee
0$0
Robert Natchouang–0$0
Dr Ronald Gobina–0$0
2 more people on this return
NameTitleHours / weekCompensation
Francis Tazoacha–0$0
Dr Steve Tametong–0$0

Address and contacts

Address (IRS master file)
1105 DANCING FOX RD, DECATUR, GA 30032-3981
In care of
% DENIS FORETIA
Mailing address (990-N for 2013)
1105 DANCING FOX RD, DECATUR GA 30032
Principal officer (990 for 2024)
Dr Denis Foretia, 1105 Dancing Fox Road, Decatur, GA 30032
Principal officer (990-N for 2013)
Dr Denis Foretia, 1105 DANCING FOX RD, DECATUR GA 30032
Signed the 990
Dr Denis Foretia, President
Phone
(404) 436-1510
Return prepared by
Goossen CPA PC

Mission

To catalyze Africa's economic transformation by focusing on social entrepreneurship, science & technology innovation, public health & progressive policies that create economic opportunities for all.

990 for the year ended December 31, 2024

Program accomplishments

  • Economic development
    Expenses $535,062 · revenue $686,785

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024Check at the IRS

IRS record

EIN
46-1230524
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
2025
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$75,888
Income (IRS master file)
$686,785

Revocation and reinstatement

Exemption revoked
May 15, 2024
Posted by the IRS
March 15, 2025
Reinstated
Effective May 15, 2024

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$686,785$817,233$75,888XML
990December 2020–––IRS
990December 2019–––IRS
990-EZDecember 2018–––IRS
990-EZDecember 2017–––IRS
990-N for 2013
Officer: Dr Denis Foretia
December 31, 2013≤ $50,000 receipts––e-Postcard

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 46-1230524).

Questions about DENIS & LENORA FORETIA FOUNDATION INC

What is the EIN of DENIS & LENORA FORETIA FOUNDATION INC?
The employer identification number (EIN) of DENIS & LENORA FORETIA FOUNDATION INC is 46-1230524.
Is DENIS & LENORA FORETIA FOUNDATION INC tax-exempt?
Yes. The IRS revoked its exemption on May 15, 2024 and reinstated it effective May 15, 2024.
Are donations to DENIS & LENORA FORETIA FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does DENIS & LENORA FORETIA FOUNDATION INC 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 DENIS & LENORA FORETIA FOUNDATION INC 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 DENIS & LENORA FORETIA FOUNDATION INC 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 DENIS & LENORA FORETIA FOUNDATION INC?
The 990 for the year ended December 31, 2024 names Dr Denis Foretia.
Who are the officers and directors of DENIS & LENORA FORETIA FOUNDATION INC?
The 990 for the year ended December 31, 2024 lists 17 people; 8 received compensation from the organization, the highest $13,286 (Dr Jean Cedric Kouam, Director).
How much revenue does DENIS & LENORA FORETIA FOUNDATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $686,785, expenses of $817,233 and total assets of $75,888 at year end.

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