2024-05-16T10:37:26Z 2021-12-31 990EZ 2021-01-01 822627894 ADEI FOUNDATION INC ADEI 4158575750 3179 Stockton Place Palo Alto CA 94303 Odomitchi Anikpo Executive Director 4158575750 2024-05-16 2021 2023-04-26 12:10:37Z X X www.adeiinstitute.org X X 80736 X 80736 0 0 1026 -1026 79710 55000 12424 45756 113180 -33470 31347 -2123 107442 93615 9127 9127 116569 102742 85222 104865 31347 -2123 Our social enterprise is powered by African diaspora who have achieved success at the highest standard of excellence, internationally. These individuals extend their knowledge, expertise, resources, and connections to deserving talents in Africa in order to duplicate their success. We are developing a pipeline of talent capable of taking advantage of the global digital economy and leveraging opportunities in their communities and beyond. Adei Institute of Technology development and innovation center for tech entrepreneurs and tech professionals to learn, connect, grow and innovate. 80736 58181 58181 Christos Kritikos Secretary 0.00 0 0 0 Odomitchi Anikpo Executive Director 0.00 0 0 0 Mary Rauner Trustee 0.00 0 0 0 Cedric Kobenan Dassie Treasurer 0.00 0 0 0 false false false false false false false false false CA Odomitchi Anikpo 514 F St NE Washington DC 20002 4158575750 false false false false false false false false false false false false NONE 0 NONE 0 true X 0 0 0 0 4750 50000 39923 86377 80737 261787 4750 50000 39923 86377 80737 261787 261787 261787 X 1.00000 0.00000 Part I, Line 16 Facilities 8,333.34 Computer & Internet Expenses 75.00 Office Expenditures Office Supplies 102.99 Operation Expenditures Bank Service Charges 195.00 Accounting Fees 2,520.00 Advertising/Promotional 305.78 Insurance 425.23 Travel 31,818.19 Training & Education 1,053.44 Uncategorized Expense 927.93 Total Expenditures 45756 Our organization suffered consecutive failures from 4 hired accountants in 2020 which generated a backlog and created to a sizable effort to sanitize our books. A specialized accounting firm was hired in Q3 2021 and assisted us over the next 18+ months. They filed the delayed 2019 and 2020 returns and prepared our 2021 return. Unfortunately, a dispute with the firm over denying responsibility for 2020 tax filing errors led to a termination of the relationship, another significant setback, which suspended the filing of the 2021 return. Considering we had already spent over $10 000 in accounting fees, our ability to seek further professional assistance was limited. Out of caution, we first conducted a multi year revision of our accounting, internally. This internal ramp up effort was slow but it will allow us to reduce external dependencies as we are now in full control and prepared to file all late returns at last.