Nonprofit · EIN 85-3379206
THE AFARA FOUNDATION
Tax-exempt · SIMI VALLEY, CA 93065
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $154,500 | $16,905 | $137,595 | $125,685 | $633 | $125,052 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $154,500
Expenses
- Grants and similar amounts paid
- $12,000
- Compensation of officers, directors and key employees
- $0
- Other expenses
- $4,905
- Program services (functional)
- $12,000
Balance sheet and other
- Total assets, start of year
- $240
- Total assets, end of year
- $125,685
- Total liabilities, end of year
- $633
- Net assets, end of year
- $125,052
- Cash, savings and investments
- $125,685
- Gross receipts
- $154,500
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-EZ for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| OMOLARA RABIU | PRESIDENT | 2 | $0 |
| MARGARET MEAGER | SECRETARY | 2 | $0 |
| VEDA SUNASSEE | DIRECTOR | 2 | $0 |
| GORDON TAYLOR | DIRECTOR | 2 | $0 |
| LUCY HOLLMAN | DIRECTOR | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 350 ALMOND LN, SIMI VALLEY, CA 93065-4995
- In care of
- % LARA RABIU
- Mailing address (990-N for 2024)
- 350 ALMOND LN, SIMI VALLEY CA 93065
- Principal officer (990-N for 2024)
- LARA RABIU, 350 ALMOND LN, SIMI VALLEY CA 93065
- Signed the 990-EZ
- Sachi Arora, Chief of Staff
- Return prepared by
- Smarter Good Inc
California records
California keeps its own records of charities and corporations. Search them by EIN 85-3379206 or by the name THE AFARA 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
TO PROMOTE SOCIAL PROGRESS ECONOMIC DEVELOPMENT AND DEMOCRATIC GOVERNANCE IN AFRICA BY PROVIDING MONETARY GRANTS TO IMPACT-FOCUSED SOCIAL ENTERPRISES AND ORGANIZATIONS WITHIN THE UNITED STATES AND ACROSS AFRICA
Program accomplishments
- THE AFARA FOUNDATION ADVANCES SOCIAL PROGRESS AND LEADERSHIP DEVELOPMENT IN AFRICA BY FUNDING AND SUPPORTING PROGRAMS THAT EMPOWER YOUNG LEADERS THROUGH THE AFARA INITIATIVE. TO DATE IT HAS REACHED OVER 730 STUDENTS ACROSS MORE THAN 119 UNIVERSITIES EQUIPPING THEM WITH LEADERSHIP CAREER READINESS AND DIGITAL SKILLS THAT HAVE HELPED MANY SECURE POSITIONS IN LEADING GLOBAL AND AFRICAN ORGANIZATIONS SUCH AS GOOGLE META GOLDMAN SACHS AND ARM. THROUGH INITIATIVES LIKE THE PATHWAY PROGRAMME AND BRIDGE FELLOWSHIP THE FOUNDATION FOSTERS EMPLOYABILITY INNOVATION AND CIVIC ENGAGEMENT AMONG YOUTH. IT HAS ALSO EXPANDED INTERNATIONAL PARTNERSHIPS INCLUDING WITH THE MOREHEAD-CAIN FOUNDATION TO CONNECT AFRICAN STUDENTS WITH GLOBAL OPPORTUNITIES AND SECURED MAJOR INSTITUTIONAL FUNDING TO SCALE ITS PROGRAMS AND DEEPEN ITS IMPACT ACROSS THE CONTINENT.Expenses $12,000 · grants $12,000
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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-N on file |
| 2023 | December 31, 2023 | May 15, 2024 | Check at the IRS |
IRS record
- EIN
- 85-3379206
- 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
- 2022
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Assets (IRS master file)
- $125,685
- Income (IRS master file)
- $154,500
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-N for 2024 Officer: LARA RABIU | December 31, 2024 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-EZ | December 2024 | $154,500 | $16,905 | $125,685 | XML |
| 990-N for 2022 Officer: LARA RABIU | December 31, 2022 | ≤ $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 85-3379206).
Questions about THE AFARA FOUNDATION
- What is the EIN of THE AFARA FOUNDATION?
- The employer identification number (EIN) of THE AFARA FOUNDATION is 85-3379206.
- Is THE AFARA FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to THE AFARA FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does THE AFARA FOUNDATION file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of THE AFARA 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 AFARA FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-N for 2024 for the year ended December 31, 2024.
- Who is the principal officer of THE AFARA FOUNDATION?
- The 990-N for 2024 names LARA RABIU.
- Who are the officers and directors of THE AFARA FOUNDATION?
- The 990-EZ for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
- How much revenue does THE AFARA FOUNDATION have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $154,500, expenses of $16,905 and total assets of $125,685 at year end.
Other nonprofits in SIMI VALLEY
- CALIFORNIA VIRTUAL ACADEMIES AT LOS ANGELES EIN 20-5196718 · last filed 990 for 2025
- CALIFORNIA VIRTUAL ACADEMY-SAN DIEGO EIN 22-3871537 · last filed 990 for 2025
- CALIFORNIA VIRTUAL ACADEMY AT SAN JOAQUIN -A CALIFORNIA NPRFT CORP- EIN 32-0208787 · last filed 990 for 2025
- RONALD REAGAN PRESIDENTIAL FOUNDATION AND INSTITUTE EIN 77-0054631 · last filed 990 for 2025
- IQ ACADEMY CALIFORNIA-LOS ANGELES EIN 80-0460924 · last filed 990 for 2025
- CALIFORNIA VIRTUAL ACADEMY AT SUTTER EIN 71-1007120 · last filed 990 for 2025
- CALIFORNIA VIRTUAL ACADEMY AT FRESNO EIN 38-3880211 · last filed 990 for 2025
- CALIFORNIA VIRTUAL ACADEMY AT MARICOPA EIN 22-3871535 · last filed 990 for 2025