Ifa Foundation

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

EIN: 363655118 ✦ Ormond beach, FL ✦ Designated as a 501(c)(3)

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Overview

What is Ifa Foundation?

The Ifa Foundation, based in Ormond Beach, Florida, is a nonprofit organization dedicated to the preservation and promotion of the ancient African philosophy of Ifa. Their unique offering includes the Sacred Orisha Garden at Ola Olu, a representation of sacred gardens from Oshogbo, Nigeria. This garden, recognized by Professor Robin Poynor of the University of Florida, features over 22 life-size sculptures and has expanded with new installations. The foundation's mission is to educate the public about Ifa through various means, including workshops, books, and bilingual websites in English and Spanish. They also maintain the only complete Sacred Orisha Gardens in the Western Hemisphere, providing free access to the public.


Official website here: www.ifafoundation.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 90%, Four-Star out of Four Star rating.

Ifa Foundation has earned a high rating due to its strong performance in accountability and finance. The organization scores particularly well with a 100% rating in key metrics, indicating a high level of transparency and effectiveness in managing its resources. The foundation boasts a fully independent board, with all members contributing to its governance without conflicts of interest.

The nonprofit demonstrates excellent financial health, evidenced by a program expense ratio of 91.19%, which signifies that a substantial majority of its funds are directed towards its programs rather than administrative costs. Additionally, the absence of any material diversion of assets reinforces its commitment to ethical management practices. The presence of policies like a whistleblower policy and proper documentation further showcases its dedication to accountability.

No significant limitations or areas for concern are noted in the available data, highlighting the organization's solid operational practices. Overall, Ifa Foundation appears to be a well-managed nonprofit, effectively utilizing its resources to fulfill its mission.


This AI summary has been generated from information found on Charity Navigator.

Is Ifa Foundation legitimate?

Ifa Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ifa Foundation submitted a form 990, 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.ifafoundation.org

What is the mission statement of Ifa Foundation?

The Ifa Foundation, through its Ola Olu Spiritual Retreat Workshops, books, and English and Spanish language websites, aims to educate the public about the ancient African philosophy of Ifa. They achieve this by creating and maintaining the only comprehensive Sacred Orisha Gardens accessible to the public at no cost in the Western Hemisphere. The Foundation's mission is to use these educational tools and gardens to spread knowledge and understanding of this philosophy. The Sacred Orisha Garden houses various life-sized unique sculptures, each with its individuality and purpose, providing an opportunity for the public to experience the tranquility and power of these African representations of Ifa.


Official website here: www.ifafoundation.org

Who is the CEO of Ifa Foundation?

Vassa Neimark is the President of Ifa Foundation.


Official website here: www.ifafoundation.org

What is the revenue of Ifa Foundation?

Ifa Foundation's revenue in 2022 was $164,989.


Official website here: www.ifafoundation.org

Who are the executives of Ifa Foundation and what are their salaries?

There 4 volunteers at Ifa Foundation.


Here are 4 key members and their salaries:


Vassa Neimark (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tanya Hussain (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Glenn Marion Lakes (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Stafford (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ifafoundation.org

Where can I find the form 990 for Ifa Foundation?

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


Official website here: www.ifafoundation.org

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

Mission Statement of Ifa Foundation

The Ifa Foundation, a nonprofit organization, is dedicated to enlightening the public about the ancient African philosophy of Ifa. They achieve this mission through various means, including Ola Olu Spiritual Retreat Workshops, books, and English and Spanish language websites. The foundation is also renowned for maintaining the only complete Sacred Orisha Gardens in the Western Hemisphere, which are open to the public at no cost. These gardens, inspired by their counterparts in Oshogbo, Nigeria, provide a tranquil and powerful experience for visitors, both in person and through their interactive web presence. The gardens feature over 22 life-size unique sculptures, each with its individual purpose, contributing to the overall serenity and potency of the space.

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Impact




October, 2024

The Ifa Foundation has made a significant impact by promoting the ancient African philosophy of Ifa through education and community engagement. By organizing workshops and maintaining the Sacred Orisha Gardens, it provides a unique opportunity for individuals to explore and connect with this rich cultural heritage.

The Sacred Orisha Gardens, featuring over 22 life-sized sculptures, serve as a transformative space that mirrors the historical gardens in Oshogbo, Nigeria. This initiative not only preserves and showcases the artistic and spiritual significance of Ifa but also offers a tranquil environment for reflection and learning.

With resources available in both English and Spanish, the foundation ensures a broader reach, inviting diverse audiences to partake in its mission. The interactive web presence further extends its impact, allowing people from various backgrounds to engage with and experience the profound teachings of Ifa remotely.

By fostering a deeper understanding of Ifa, the Ifa Foundation cultivates a sense of community and appreciation for African spirituality and history, enriching the cultural landscape of the Western Hemisphere.




This information is meant to be a general summary of Ifa Foundation. 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
$164,989 (2022)
Expenses
$258,654 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $122,989
  • Gross Receipts: $164,989

Assets and Liabilities:

  • Total Assets: $676,790
  • Total Liabilities: $0
  • Net Assets: $676,790

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Individual and family services

Revenue

$700

Sacred Orisha Med

Revenue

$122,289

Organization Details

Founding Year

2017

Principal Officer

Vassa Neimark

Main Address

4073 N CHINOOK LN, ORMOND BEACH, FL, 321749326

NTEE Category

Code: X80 - Religion related

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