Nonprofit · EIN 84-1984953
BENNET OMALU FOUNDATION
Tax-exempt · SACRAMENTO, CA 95864
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $176,000 | $175,552 | $448 | $1,679 | $0 | $1,679 |
| December 31, 2023 | 990 | $196,000 | $195,822 | $178 | $1,231 | $0 | $1,231 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $176,000
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $170,878
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $75
- Accounting fees
- $1,265
- Program services (functional)
- $175,552
Balance sheet and other
- Total assets, start of year
- $1,231
- Total assets, end of year
- $1,679
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,679
- Net assets without donor restrictions
- $1,679
- Gross receipts
- $176,000
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2019
- State of legal domicile
- CA
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 |
|---|---|---|---|
| BENNET OMALU | PRESIDENT & CEO Trustee or director, Officer | 2 | $0 |
| PREMA MUTISO | TRUSTEE Trustee or director | 2 | $0 |
| UCHENNA NNEBE-AGUMADU | TRUSTEE Trustee or director | 2 | $0 |
| MIRIAN KENECHUKWU KACHIKWU | TRUSTEE Trustee or director | 2 | $0 |
| THEODORE OMALU | TRUSTEE Trustee or director | 2 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BENNET OMALU | PRESIDENT & CEO Trustee or director, Officer | 2 | $0 |
| PREMA MUTISO | TRUSTEE Trustee or director | 2 | $0 |
| UCHENNA NNEBE-AGUMADU | TRUSTEE Trustee or director | 2 | $0 |
| MIRIAN KENECHUKWU KACHIKWU | TRUSTEE Trustee or director | 2 | $0 |
| THEODORE OMALU | TRUSTEE Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 1621 EXECUTIVE CT, SACRAMENTO, CA 95864-2607
- In care of
- % BENNET OMALU
- Principal officer (990 for 2024)
- BENNET OMALU, 3031 W MARCH LANE SUITE 323, STOCKTON, CA 95219
- Signed the 990
- BENNET OMALU, PRESIDENT
- Phone
- (916) 513-5253
- Return prepared by
- MCLEVICH AND COMPANY CPA'S
California records
California keeps its own records of charities and corporations. Search them by EIN 84-1984953 or by the name BENNET OMALU FOUNDATION.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
EMPOWERMENT AND DEVELMENT OF INDIVIDUALS THROUGH EDUCATION AND ENTREPRENEURSHIP.
Program accomplishments
- GUIDING, FINANCING AND DEVELPING BUSINESS START-UPS AND BUSINESS DEVELOPMENT.Expenses $175,552 · grants $170,878 · revenue $176,000
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
- 84-1984953
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2020
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B82)
- Assets (IRS master file)
- $1,679
- Income (IRS master file)
- $176,000
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $176,000 | $175,552 | $1,679 | IRS |
| 990 | December 2023 | $196,000 | $195,822 | $1,231 | XML |
| 990 | December 2022 | $128,000 | $125,422 | $1,054 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | 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 84-1984953).
Questions about BENNET OMALU FOUNDATION
- What is the EIN of BENNET OMALU FOUNDATION?
- The employer identification number (EIN) of BENNET OMALU FOUNDATION is 84-1984953.
- Is BENNET OMALU FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
- Are donations to BENNET OMALU FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does BENNET OMALU 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 BENNET OMALU 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 BENNET OMALU 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 BENNET OMALU FOUNDATION?
- The 990 for the year ended December 31, 2024 names BENNET OMALU.
- Who are the officers and directors of BENNET OMALU FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
- How much revenue does BENNET OMALU FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $176,000, expenses of $175,552 and total assets of $1,679 at year end.
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