Nonprofit · EIN 46-2364042
MICHAEL AND HENRIETTA OLUPONA FOUNDATION
Also known as MICHAEL AND HENRIETTA OLUPONA FOUND
Tax-exempt · NEW YORK, NY 10024
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $251,450 | $48,084 | $203,366 | $239,380 | $0 | $239,380 |
| December 31, 2023 | 990-EZ | $116,912 | $136,820 | -$19,908 | $0 | – | $122,836 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $251,450
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $2,600
- Other salaries and wages
- $19,294
- Salaries, compensation and benefits (total)
- $19,294
- Professional fundraising fees
- $0
- Accounting fees
- $7,600
- Program services (functional)
- $48,084
Balance sheet and other
- Total assets, start of year
- $48,311
- Total assets, end of year
- $239,380
- Total liabilities, end of year
- $0
- Net assets, end of year
- $239,380
- Net assets without donor restrictions
- $893
- Net assets with donor restrictions
- $238,487
- Gross receipts
- $251,450
- Employees
- 0
- Year formed
- 2013
- State of legal domicile
- MA
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Tolulope Olupona | Treasurer Trustee or director | 5 | $0 |
| Jacob Olupona | Director Trustee or director | 5 | $0 |
| Isaac Akintunji | Officer Officer | 1 | $0 |
990-EZ for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Isaac Akintunji | Officer | 0 | $0 |
| Tolulope Olupona | Treasurer | 5 | $0 |
| Jacob Kehinde Olupona | Director | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 459 COLUMBUS AVE 4032, NEW YORK, NY 10024-5129
- In care of
- % JACOB OLUPONA
- Mailing address (990-N for 2024)
- 459 Columbus Ave 4032 New York NY, New York NY 10024
- Principal officer (990 for 2025)
- Tolulope Olupona, 45 columbus Ave 4032, apt 4032, New york, NY 10024
- Principal officer (990-N for 2024)
- Tolulope Olupona, 459 Columbus Ave 4032 New York NY, New york NY 10024
- Signed the 990
- Tolulope Olupona, Treasurer
- Phone
- (917) 540-8287
Mission
To promote education, encourage literacy, promote culture and religious tolerance among African Diaspora. Foundation aims to improve the education landscape in Africa by supporting projects which improve education.
Program accomplishments
- Support which brings world renowned scholars to Africa to improve post graduate education of emerging scholars during institutes summer program.Expenses $46,000
- Support of the science STEM program for one week intensive.Expenses $2,000
- Support of research conducted by fellows of the institute.Expenses $2,500
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 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-N on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 46-2364042
- 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
- 2015
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B82)
- Assets (IRS master file)
- $239,380
- Income (IRS master file)
- $251,450
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $251,450 | $48,084 | $239,380 | XML |
| 990-N for 2024 Officer: Tolulope Olupona | December 31, 2024 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-EZ | December 2023 | $116,912 | $136,820 | $0 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-N for 2021 Officer: Jacob Olupona | December 31, 2021 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2020 Officer: Jacob Olupona | December 31, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2019 Officer: Jacob Olupona | December 31, 2019 | ≤ $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 46-2364042).
Questions about MICHAEL AND HENRIETTA OLUPONA FOUNDATION
- What is the EIN of MICHAEL AND HENRIETTA OLUPONA FOUNDATION?
- The employer identification number (EIN) of MICHAEL AND HENRIETTA OLUPONA FOUNDATION is 46-2364042.
- Is MICHAEL AND HENRIETTA OLUPONA FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
- Are donations to MICHAEL AND HENRIETTA OLUPONA FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MICHAEL AND HENRIETTA OLUPONA 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 MICHAEL AND HENRIETTA OLUPONA 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 MICHAEL AND HENRIETTA OLUPONA FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of MICHAEL AND HENRIETTA OLUPONA FOUNDATION?
- The 990 for the year ended December 31, 2025 names Tolulope Olupona.
- Who are the officers and directors of MICHAEL AND HENRIETTA OLUPONA FOUNDATION?
- The 990 for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does MICHAEL AND HENRIETTA OLUPONA FOUNDATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $251,450, expenses of $48,084 and total assets of $239,380 at year end.
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