Nonprofit · EIN 86-1105070
GCIOBA INC
Tax-exempt (reinstated) · NORTHBROOK, IL 60062
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $216,879 | $157,752 | $59,127 | $201,436 | $3,320 | $198,116 |
| December 31, 2024 | 990 | $59,500 | $14,484 | $45,016 | $141,639 | $2,650 | $138,989 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $213,242
- Program service revenue
- $0
- Investment income
- $3,637
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $3,750
- Program services (functional)
- $157,752
Balance sheet and other
- Total assets, start of year
- $141,639
- Total assets, end of year
- $201,436
- Total liabilities, end of year
- $3,320
- Net assets, end of year
- $198,116
- Net assets without donor restrictions
- $166,596
- Net assets with donor restrictions
- $31,520
- Gross receipts
- $216,879
- Employees
- 0
- Year formed
- 2004
- State of legal domicile
- IL
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 |
|---|---|---|---|
| TAIWO DEMUREN | DIRECTOR Officer | 10 | $0 |
| FOLARIN OLUBOWALE | DIRECTOR Officer | 3 | $0 |
| OLUKAYODE MAJEKODUNMI | DIRECTOR Officer | 3 | $0 |
| ADEYINKA ADENEKAN | DIRECTOR Officer | 3 | $0 |
| WILLIAM EBHOMIELEN | DIRECTOR Officer | 3 | $0 |
990 for the year ended December 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TAIWO DEMUREN | DIRECTOR Officer | 10 | $0 |
| FOLARIN OLUBOWALE | DIRECTOR Officer | 3 | $0 |
| OLUKAYODE MAJEKODUNMI | DIRECTOR Officer | 3 | $0 |
| ADEYINKA ADENEKAN | DIRECTOR Officer | 3 | $0 |
| CHRIS OLUGBENGA | DIRECTOR Officer | 3 | $0 |
Address and contacts
- Address (IRS master file)
- 1419 JULI LYN LANE, NORTHBROOK, IL 60062-0000
- In care of
- % WILLIAM EBHOMIELEN
- Mailing address (990-N for 2021)
- 19 E STEVENSON DR, GLENDALE HEIGHTS IL 60139
- Principal officer (990 for 2025)
- TAIWO DEMUREN, 432 O STREET SW, WASHINGTON, DC 20024
- Principal officer (990-N for 2021)
- OLUKAYODE MAJEKODUNMI, 346 VININGS DR, BLOOMINGDALE IL 60108
- Signed the 990
- TAIWO DEMUREN, PRESIDENT
- Phone
- (240) 832-4315
- Return prepared by
- NikoPat & Associates CPA
Mission
To support and actively contribute towards improving the quality of education delivered to the pupils through meaningful Tutor support intervention programs.
Program accomplishments
- Various Programs funded from Temporarily Restricted fund comprising of IT Infrastructure Project GCI Cricket Foundation Swanston House Field House Project Grier House Fund 1961 Set WelfareExpenses $66,267 · grants $66,267
- Various Programs funded from Unestricted fund comprising of Education Fund Project Payouts to GCIE GCI Cricket FoundationExpenses $84,265 · grants $84,265
- General Administration portion of the program expensesExpenses $7,220 · grants $7,220
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 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 86-1105070
- 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
- 2015
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A25)
- Assets (IRS master file)
- $201,436
- Income (IRS master file)
- $216,879
Revocation and reinstatement
- Exemption revoked
- May 15, 2010
- Posted by the IRS
- October 20, 2015
- Reinstated
- Effective September 15, 2015
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | – | – | – | IRS |
| 990 | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $106,182 | $89,356 | $93,973 | IRS |
| 990 | December 2022 | $72,215 | $62,929 | $81,968 | IRS |
| 990-N for 2021 Officer: OLUKAYODE MAJEKODUNMI | December 31, 2021 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-EZ | December 2019 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about GCIOBA INC
- What is the EIN of GCIOBA INC?
- The employer identification number (EIN) of GCIOBA INC is 86-1105070.
- Is GCIOBA INC tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2010 and reinstated it effective September 15, 2015.
- Are donations to GCIOBA INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does GCIOBA 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 GCIOBA INC 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 GCIOBA INC 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 GCIOBA INC?
- The 990 for the year ended December 31, 2025 names TAIWO DEMUREN.
- Who are the officers and directors of GCIOBA INC?
- The 990 for the year ended December 31, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does GCIOBA INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $216,879, expenses of $157,752 and total assets of $201,436 at year end.
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