Olu & Lola Bakare Foundation Inc

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

EIN: 871396957 ✦ Spring, TX ✦ Designated as a 501(c)(3)

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Overview

What is Olu & Lola Bakare Foundation Inc?

Olu & Lola Bakare Foundation Inc is a dedicated nonprofit organization that prioritizes community support. Their primary focus lies in providing charitable programs, such as distributing food, clothing, and offering assistance to the homeless. The foundation's board members actively participate in these initiatives, ensuring their mission is carried out effectively. Their work primarily benefits the local community, aiming to alleviate some of the challenges faced by its members.

Is Olu & Lola Bakare Foundation Inc legitimate?

Olu & Lola Bakare Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Olu & Lola Bakare 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.

What is the mission statement of Olu & Lola Bakare Foundation Inc?

The Olu & Lola Bakare Foundation Inc is committed to serving the community through various charitable initiatives. Their mission encompasses providing essentials such as food, clothing, and assistance to the homeless. All activities undertaken by the foundation are charitable in nature, and the board members actively participate in these endeavors. The foundation's primary focus is on community support, aiming to improve living conditions and provide essential aid to those in need.

Who is the CEO of Olu & Lola Bakare Foundation Inc?

Rafat Gambari is the President of Olu & Lola Bakare Foundation Inc.

What is the revenue of Olu & Lola Bakare Foundation Inc?

Olu & Lola Bakare Foundation Inc's revenue in 2021 was $120,364.

Who are the executives of Olu & Lola Bakare Foundation Inc and what are their salaries?


There is 1 key member and their salary:


Rafat Gambari (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Olu & Lola Bakare Foundation Inc?

Olu & Lola Bakare Foundation Inc's most recent form 990EZ was submitted in 2021 and can be accessed here.

Mission Statement of Olu & Lola Bakare Foundation Inc

The Olu & Lola Bakare Foundation Inc is dedicated to serving its community through charitable initiatives. Their mission encompasses supporting various programs aimed at community betterment, such as food distribution, clothing supply, and assisting the homeless. The organization's board members are deeply involved in these activities, ensuring their efforts remain effective and impactful. The foundation's primary focus is on providing assistance to those in need, with the ultimate goal of uplifting and improving the lives of its community members.

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Impact




October, 2024

Olu & Lola Bakare Foundation Inc significantly impacts the community through its dedicated support programs. By organizing food distribution initiatives, the foundation ensures that individuals and families in need have access to essential nourishment. Additionally, they provide clothing and supplies, addressing immediate material needs and helping to elevate the standard of living for many. The foundation plays a crucial role in assisting the homeless population through various initiatives aimed at offering support and resources essential for rebuilding their lives.

The active involvement of all board members in these charitable activities fosters a strong sense of community and ensures that the organization remains responsive to the needs of those it serves. Through their unwavering commitment to social services, Olu & Lola Bakare Foundation Inc contributes to creating a more equitable and compassionate environment in Spring, TX.




This information is meant to be a general summary of Olu & Lola Bakare 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
$120,364 (2021)
Expenses
$116,365 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Gross Receipts: $188,240

Assets and Liabilities:

  • Total Assets: $3,999
  • Total Liabilities: $0
  • Net Assets: $3,999

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Organization Details

Principal Officer

Rafat Gambari

Main Address

25 POST SHADOW ESTATE DR, SPRING, TX, 77389

NTEE Category

Code: P60 - Human services

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