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IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 86-3935412

WOLE OGUNYEMI FOUNDATION

Tax-exempt · BOWIE, MD 20721

Financials

$59K$59K2024
Revenue Expenses · by fiscal year end
Financials of WOLE OGUNYEMI FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$58,810$59,150-$340$4,952–$17,971
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$55,860
Program service revenue
$0
Investment income
$0
Net income from fundraising events
$2,950

Expenses

Grants and similar amounts paid
$33,715
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$9,810
Professional fees and payments to contractors
$2,115
Occupancy
$3,060
Printing, publications and postage
$10,450
Program services (functional)
$35,595

Balance sheet and other

Total assets, start of year
$18,311
Total assets, end of year
$4,952
Total liabilities, end of year
–
Net assets, end of year
$17,971
Cash, savings and investments
$4,952
Gross receipts
$58,810

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.

NameTitleHours / weekCompensation
Olamide AwodiyaCo-Founder/Director20$0
Bukola OgunyemiCo-Founder/President20$0

Address and contacts

Address (IRS master file)
1307 DURHAM DR, BOWIE, MD 20721-3263
In care of
% OLAITAN BUKOLA OGUNYEMI
Mailing address (990-N for 2023)
1307 Durham Dr, Bowie MD 20721
Principal officer (990-N for 2023)
Bukola Ogunyemi, 1307 Durham Dr, Bowie MD 20721
Signed the 990-EZ
Olamide Awodiya, Director
Phone
(202) 788-0585

Mission

We work in underserved communities to improve school enrollment and completion rates through outreaches to pupils in primary schools, scholarship opportunities to students in secondary schools, financial aid to undergraduate and post-graduate students, and financial grants to schools and other organizations in the educational sector.

990-EZ for the year ended December 31, 2024

Program accomplishments

  • Scholarships: Payment of senior school leaving certificate examinations for 200 students
    Expenses $3,755
  • Scholarships: Tuition payments for 100 undergraduates
    Expenses $2,690
  • School Outreach: Distribution of bags, books, and other learning materials to over 5,000 pupils in 4 states
    Expenses $29,150 · grants $20,150

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-EZ on file
2023December 31, 2023May 15, 2024990-N on file

File the 2025 990-EZ for WOLE OGUNYEMI FOUNDATION

Due May 15, 2026 · e-filed with the IRS by 990.tax, an IRS-authorized e-file provider

IRS record

EIN
86-3935412
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 or 990-EZ
Category (NTEE)
Education (B82)
Assets (IRS master file)
$4,952
Income (IRS master file)
$58,810

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$58,810$59,150$4,952IRS
990-N for 2023
Officer: Bukola Ogunyemi
December 31, 2023≤ $50,000 receipts––e-Postcard
990-N for 2021
Officer: Olaitan Ogunyemi
December 31, 2021≤ $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 86-3935412).

Questions about WOLE OGUNYEMI FOUNDATION

What is the EIN of WOLE OGUNYEMI FOUNDATION?
The employer identification number (EIN) of WOLE OGUNYEMI FOUNDATION is 86-3935412.
Is WOLE OGUNYEMI FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to WOLE OGUNYEMI FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does WOLE OGUNYEMI 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 WOLE OGUNYEMI 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 WOLE OGUNYEMI FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who is the principal officer of WOLE OGUNYEMI FOUNDATION?
The 990-N for 2023 names Bukola Ogunyemi.
Who are the officers and directors of WOLE OGUNYEMI FOUNDATION?
The 990-EZ for the year ended December 31, 2024 lists 2 people; 0 received compensation from the organization.
How much revenue does WOLE OGUNYEMI FOUNDATION have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $58,810, expenses of $59,150 and total assets of $4,952 at year end.

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