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Nonprofit · EIN 93-4918097

KOLA OLUGBADE FOUNDATION INC

Tax-exempt · MERION STA, PA 19066

Financials

$0$02023$44K$02024$60K$19K2025
Revenue Expenses · by fiscal year end
Financials of KOLA OLUGBADE FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$60,000$19,332$40,668$84,668$0$84,668
December 31, 2024990-PF$44,000$0$44,000$44,000$0$44,000
December 31, 2023990-PF$0$0$0$0$0$0
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$60,000

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$16,100

Balance sheet and other

Total assets, start of year
$44,000
Total assets, end of year
$84,668
Total liabilities, end of year
$0
Net assets, end of year
$84,668

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-PF for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
CECILIA OLUGBADE
208 UPLAND ROAD, MERION STATION, PA 19066
FOUNDATION STAFF
Highest-paid employee
2$16,100
KOLAWOLE O OLUGBADE
208 UPLAND RD, MERION STATION, PA 19066
President0$0
990-PF for the year ended December 31, 2024: 1 people
NameTitleHours / weekCompensation
KOLAWOLE O OLUGBADE
208 UPLAND RD, MERION STATION, PA 19066
President0$0
990-PF for the year ended December 31, 2023: 1 people
NameTitleHours / weekCompensation
KOLAWOLE OLUGBADE
199 TRENTON ST, MERION STATION, PA 19066
PRESIDENT0$0

Address and contacts

Address (IRS master file)
208 UPLAND RD, MERION STA, PA 19066-1822
Signed the 990-PF
KOLAWOLE O OLUGBADE, President
Phone
(610) 246-0913
Return prepared by
GWI Partners

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. 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, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
93-4918097
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
2024
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$84,668
Income (IRS master file)
$60,000

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$60,000$19,332$84,668XML
990-PFDecember 2024$44,000$0$44,000XML
990-PFDecember 2023$0$0$0XML

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 93-4918097).

Questions about KOLA OLUGBADE FOUNDATION INC

What is the EIN of KOLA OLUGBADE FOUNDATION INC?
The employer identification number (EIN) of KOLA OLUGBADE FOUNDATION INC is 93-4918097.
Is KOLA OLUGBADE FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2024.
Are donations to KOLA OLUGBADE FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does KOLA OLUGBADE FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of KOLA OLUGBADE FOUNDATION 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 KOLA OLUGBADE FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2025.
Who are the officers and directors of KOLA OLUGBADE FOUNDATION INC?
The 990-PF for the year ended December 31, 2025 lists 2 people; 1 received compensation from the organization, the highest $16,100 (CECILIA OLUGBADE, FOUNDATION STAFF).
How much revenue does KOLA OLUGBADE FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $60,000, expenses of $19,332 and total assets of $84,668 at year end.

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