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Ongoza Foundation Inc

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

EIN: 464299032 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is Ongoza Foundation Inc?

The Ongoza Foundation is a nonprofit organization, specifically dedicated to backing the objectives of Ongoza Institute in Kenya and other eligible entities. Their primary goal is to bolster entrepreneurial growth, addressing challenges related to youth unemployment and small business failures. Through their support, they aim to empower entrepreneurs, contributing to a more thriving business landscape and a reduced rate of joblessness among the youth. The Foundation operates within this mission scope, partnering with qualified entities to foster sustainable business development.


Official website here: www.ongoza.org

Is Ongoza Foundation Inc legitimate?

Ongoza Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ongoza 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.ongoza.org

What is the mission statement of Ongoza Foundation Inc?

The Ongoza Foundation's mission revolves around supporting the objectives of the Ongoza Institute and other eligible entities based in Kenya. Their primary focus is to aid entrepreneurs in their business expansion, addressing challenges related to youth unemployment and the failure of small businesses. The foundation's role is instrumental in fostering the growth of these businesses, thereby contributing to a solution-oriented approach to these pressing issues. By supporting qualified entities, the Ongoza Foundation plays a pivotal role in promoting entrepreneurial success and economic development.


Official website here: www.ongoza.org

Who is the CEO of Ongoza Foundation Inc?

Unavailable


Official website here: www.ongoza.org

What is the revenue of Ongoza Foundation Inc?

Ongoza Foundation Inc's revenue in 2022 was $169,986.


Official website here: www.ongoza.org

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


Here are 2 key members and their salaries:


Daniel Goldman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Parminder Vir Obe (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ongoza.org

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

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


Official website here: www.ongoza.org

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

Mission Statement of Ongoza Foundation Inc

Ongoza Foundation Inc is dedicated to supporting the mission of Ongoza Institute and other qualified entities in Kenya and beyond. Their primary objective is to aid entrepreneurs in growing their businesses, thereby addressing issues related to youth unemployment and small business failure. By doing so, the Ongoza Foundation contributes to the overall economic development and prosperity of the communities they serve. The foundation's work is centered on helping entrepreneurs overcome challenges and succeed, ultimately contributing to a more stable and prosperous future.

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Impact




October, 2024

Ongoza Foundation Inc plays a crucial role in addressing youth unemployment and small business failure in Kenya by supporting the efforts of the Ongoza Institute and other qualified entities. Through targeted programs and resources, the foundation empowers entrepreneurs to develop and scale their businesses effectively. This not only fosters economic growth but also creates sustainable job opportunities for young people, contributing to overall community development. By investing in entrepreneurial skills and knowledge, Ongoza Foundation Inc helps to cultivate a vibrant ecosystem that enhances innovation and resilience among small businesses.




This information is meant to be a general summary of Ongoza 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
$169,986 (2022)
Expenses
$193,778 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $22
  • Gross Receipts: $169,986

Assets and Liabilities:

  • Total Assets: $249,454
  • Total Liabilities: $1,600
  • Net Assets: $247,854

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Organization Details

Main Address

111 Broadway Ste 1703, New York, NY, 10006

NTEE Category

Code: Q30 - International

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