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Foba Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 271447913 ✦ Bartlett, IL ✦ Designated as a 501(c)(3)

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Overview

What is Foba Foundation Inc?

Foba Foundation Inc, situated in Bartlett, Illinois, is a nonprofit organization dedicated to enlightening youths about the art of boxing. Recognizing the vulnerabilities of underprivileged and at-risk youths, the foundation has established a presence in a high-crime area to intervene before they are drawn into risky lifestyles. As a World Boxing Council Ambassador, the foundation conducts training camps and has invested in new equipment and resources for their international programs. Their inaugural camp in Mexico was a resounding success, prompting them to plan three more visits in 2023. The overall mission of Foba Foundation Inc is to utilize boxing as an educational tool to positively impact young lives.


Official website here: www.fobaintl.org

Is Foba Foundation Inc legitimate?

Foba Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foba Foundation Inc submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Official website here: www.fobaintl.org

What is the mission statement of Foba Foundation Inc?

The Foba Foundation's mission is centered around educating young individuals about the art of boxing. Recognizing the vulnerability of underprivileged and at-risk youths, the foundation has established a presence in high-crime areas, aiming to divert them away from risky lifestyles. Acting as a World Boxing Council Ambassador, the organization conducts camps and invests in new equipment and training gear for their international programs. Their initiative in Mexico has proven successful, prompting them to plan three return visits in 2023.


Official website here: www.fobaintl.org

Who is the CEO of Foba Foundation Inc?

Fres Oquendo is the President of Foba Foundation Inc.


Official website here: www.fobaintl.org

What is the revenue of Foba Foundation Inc?

Foba Foundation Inc's revenue in 2022 was $83,472.


Official website here: www.fobaintl.org

Who are the executives of Foba Foundation Inc and what are their salaries?


Here are 6 key members and their salaries:


Fres Oquendo (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Jocelyn Harney (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Olusegun Daniel (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vincent J Willis Jr (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stacey Oquendo (Chief Operating Office)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dorcas Davilla (Advisor)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.fobaintl.org

Where can I find the form 990EZ for Foba Foundation Inc?

Foba Foundation Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.fobaintl.org

Learn more at the official website: www.fobaintl.org

Mission Statement of Foba Foundation Inc

The Foba Foundation, a nonprofit organization, is committed to educating young individuals about the art of boxing. Recognizing the potential risks in some communities, the foundation has established its presence in a high-crime area. Its primary objective is to reach out to underprivileged and at-risk youths before they are drawn into dangerous lifestyles. As a testament to its dedication, the Foba Foundation serves as a World Boxing Council Ambassador, hosting camps and investing in new equipment and training gear for their international camps. Their recent camp in Mexico proved to be a significant success, prompting them to schedule three return visits in 2023.

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Impact




October, 2024

Foba Foundation Inc significantly impacts at-risk youths by providing them with a structured and positive environment through the art of boxing. By establishing a new location in a high-crime area, the foundation specifically targets underprivileged and at-risk youths, offering them an alternative to potentially dangerous lifestyles. Through its affiliation with the World Boxing Council, Foba Foundation Inc conducts camps that not only educate participants about boxing techniques but also instill discipline, teamwork, and resilience.

The foundation has successfully expanded its outreach internationally, exemplified by the success of their camp in Mexico and plans to return for additional sessions in 2023. By investing in new equipment and training gear, Foba Foundation Inc ensures that participants have access to quality resources, enhancing their training experience. The foundation's commitment to youth development fosters a sense of community and empowerment, giving participants the tools they need to thrive both in the ring and beyond.




This information is meant to be a general summary of Foba Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$83,472 (2022)
Expenses
$59,341 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $83,472

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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Organization Details

Principal Officer

Fres Oquendo

Main Address

1555 MISSION CT, Bartlett, IL, 60103

NTEE Category

Code: O50 - Youth development

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