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The Denis & Lenora Foretia Foundation Inc

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

EIN: 461230524 ✦ Decatur, GA ✦ Designated as a 501(c)(3)

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Overview

What is The Denis & Lenora Foretia Foundation Inc?

The Denis & Lenora Foretia Foundation Inc, located in Decatur, Georgia, is a nonprofit organization that focuses on fostering Africa's economic growth. They achieve this goal by concentrating on social entrepreneurship, science, technology, innovation, and the promotion of progressive policies. These initiatives aim to create economic opportunities for all individuals in Africa. The foundation's mission is to catalyze Africa's transformation by prioritizing these areas, thereby contributing to a prosperous and inclusive continent.


Official website here: www.foretiafoundation.org

Is The Denis & Lenora Foretia Foundation Inc legitimate?

The Denis & Lenora Foretia Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Denis & Lenora Foretia Foundation Inc 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: $122,827

For more financial information, click here


Official website here: www.foretiafoundation.org

What is the mission statement of The Denis & Lenora Foretia Foundation Inc?

The Denis & Lenora Foretia Foundation Inc's mission is centered around catalyzing Africa's economic transformation. They achieve this by focusing on key areas such as social entrepreneurship, science, technology, innovation, and the implementation of progressive policies. These initiatives aim to create economic opportunities for all individuals across Africa. The foundation also promotes public health initiatives as part of their broader economic development strategy. Their work is supported by the International Development Research Centre in the field of social entrepreneurship.


Official website here: www.foretiafoundation.org

Who is the CEO of The Denis & Lenora Foretia Foundation Inc?

Dr Denis Foretia is the Chief Executive Officer of The Denis & Lenora Foretia Foundation Inc. The CEO's salary of The Denis & Lenora Foretia Foundation Inc is $72,924 and their total compensation is $72,924.


Official website here: www.foretiafoundation.org

What is the revenue of The Denis & Lenora Foretia Foundation Inc?

The Denis & Lenora Foretia Foundation Inc's revenue in 2020 was $245,532.


Official website here: www.foretiafoundation.org

Who are the executives of The Denis & Lenora Foretia Foundation Inc and what are their salaries?

There 31 volunteers at The Denis & Lenora Foretia Foundation Inc.


Here are 7 key members and their salaries (The Denis & Lenora Foretia Foundation Inc's CEO's salary is $72,924 and their total compensation is $72,924):


Fri Asanga (Chief Executive Officer)
  • Compensation: $72,924
  • Related: $0
  • Other: $0
Mbonde Jennet (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mible Ajong (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Awnujia Francis (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Denis Foretia (Co-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lenora Ebule (Co-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Nantchouang (Director Of Nkafu)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.foretiafoundation.org

Where can I find the form 990 for The Denis & Lenora Foretia Foundation Inc?

The Denis & Lenora Foretia Foundation Inc's most recent form 990 was submitted in 2020 and can be accessed here.


Official website here: www.foretiafoundation.org

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

Mission Statement of The Denis & Lenora Foretia Foundation Inc

The Denis & Lenora Foretia Foundation Inc is dedicated to initiating Africa's economic transformation. They achieve this by focusing on three key areas: social entrepreneurship, science and technology, innovation, and progressive policies that foster economic opportunities for all. Their mission is to catalyze change in Africa, ensuring that economic growth is inclusive and benefits all sectors of society. The Foundation recognizes the potential of social entrepreneurship in driving development and creating sustainable solutions to societal challenges. They also understand the importance of science, technology, and innovation in driving progress and creating new opportunities. Furthermore, the Foundation advocates for progressive policies that promote economic equality and empowerment, ensuring that no one is left behind in Africa's journey towards prosperity.

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Impact




October, 2024

The Denis & Lenora Foretia Foundation Inc catalyzes Africa's economic transformation by emphasizing social entrepreneurship, science and technology innovation, and progressive public health policies. By pursuing these avenues, the foundation creates economic opportunities that uplift communities and drive sustainable development across the continent. Through its initiatives, the foundation promotes research and development, fostering a culture of innovation that leads to impactful solutions for pressing social issues. By investing in human capital and encouraging innovative practices, it empowers individuals and communities to thrive economically, ultimately contributing to a more equitable and prosperous Africa.




This information is meant to be a general summary of The Denis & Lenora Foretia 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
$245,532 (2020)
Expenses
$232,020 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Program Service Revenue: $156,294
  • Gross Receipts: $245,532

Assets and Liabilities:

  • Total Assets: $14,302
  • Total Liabilities: $18,433
  • Net Assets: -$4,131

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Programs

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

International Development Centre

Revenue

$60,811

National Endowment for Democracy

Revenue

$45,000

Atlas Network

Revenue

$20,000

Atlas Network

Revenue

$18,000

National Endowment for Democracy

Revenue

$10,600

Organization Details

Founding Year

2013

Principal Officer

Dr Denis Foretia

Main Address

1105 Dancing Fox Road, Decatur, GA, 30032

NTEE Category

Code: Q30 - International

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