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Nonprofit · EIN 82-2627894

ADEI FOUNDATION INC

Tax-exempt · SACRAMENTO, CA 95811

Financials

$80K$113K2021$72K$142K2022$68K$180K2023
Revenue Expenses · by fiscal year end
Financials of ADEI FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2023990-EZ$67,546$179,546-$112,000$31,735$314,390-$282,655
December 31, 2022990-EZ$72,156$141,678-$69,522$42,576$147,031-$104,456
December 31, 2021990-EZ$79,710$113,180-$33,470$102,742$104,865-$2,123
Financial details: 990-EZ for the year ended December 31, 2023

Revenue

Contributions, gifts and grants
$67,707
Net income from sales of inventory
-$161

Expenses

Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$57,559
Professional fees and payments to contractors
$22,706
Other expenses
$99,281
Program services (functional)
$52,832

Balance sheet and other

Total assets, start of year
$42,576
Total assets, end of year
$31,735
Total liabilities, end of year
$314,390
Net assets, end of year
-$282,655
Cash, savings and investments
$29,910
Gross receipts
$67,707

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-EZ for the year ended December 31, 2023, highest compensation first.

NameTitleHours / weekCompensation
Odomitchi AnikpoExecutive Director0$0
Kobenan DassieTreasurer0$0
Christos KritikosSecretary0$0
990-EZ for the year ended December 31, 2022: 4 people
NameTitleHours / weekCompensation
Odomitchi AnikpoPresident0$0
Mary RaunerTrustee0$0
Christos KritikosSecretary0$0
Cedric Kobenan DassieTreasurer0$0
990-EZ for the year ended December 31, 2021: 4 people
NameTitleHours / weekCompensation
Christos KritikosSecretary0$0
Odomitchi AnikpoExecutive Director0$0
Mary RaunerTrustee0$0
Cedric Kobenan DassieTreasurer0$0

Address and contacts

Address (IRS master file)
1401 21ST STREET STE R, SACRAMENTO, CA 95811-5226
In care of
% KOBENAN C DASSIE
Mailing address (990-N for 2025)
1401 21st Street STE R, Sacramento CA 95811
Principal officer (990-N for 2025)
Odomitchi Anikpo, 514 F St NE, Washington DC 20002
Signed the 990-EZ
Kobenan Dassie, Treasurer

California records

California keeps its own records of charities and corporations. Search them by EIN 82-2627894 or by the name ADEI FOUNDATION INC.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

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.

990-EZ for the year ended December 31, 2023

Program accomplishments

  • Adei Institute of Technology development and innovation center for tech entrepreneurs and tech professionals to learn connect grow and innovate.
    Expenses $52,832 · grants $67,707

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-N on file
2024December 31, 2024May 15, 2025990-N on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
82-2627894
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2019
Accounting year ends
December
Files
Form 990-N (e-Postcard)

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-N for 2025
Officer: Odomitchi Anikpo
December 31, 2025≤ $50,000 receipts––e-Postcard
990-N for 2024
Officer: Kobenan Dassie
December 31, 2024≤ $50,000 receipts––e-Postcard
990-EZDecember 2023$67,546$179,546$31,735XML
990-EZDecember 2022$72,156$141,678$42,576XML
990-EZDecember 2021$79,710$113,180$102,742XML
990-EZDecember 2020–––IRS
990-N for 2019
Officer: Kobenan C Dassie
December 31, 2019≤ $50,000 receipts––e-Postcard
990-N for 2018
Officer: Yaya Bamba
December 31, 2018≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 82-2627894).

Questions about ADEI FOUNDATION INC

What is the EIN of ADEI FOUNDATION INC?
The employer identification number (EIN) of ADEI FOUNDATION INC is 82-2627894.
Is ADEI FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
Are donations to ADEI FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ADEI FOUNDATION INC file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of ADEI FOUNDATION INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ADEI FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-N for 2025 for the year ended December 31, 2025.
Who is the principal officer of ADEI FOUNDATION INC?
The 990-N for 2025 names Odomitchi Anikpo.
Who are the officers and directors of ADEI FOUNDATION INC?
The 990-EZ for the year ended December 31, 2023 lists 3 people; 0 received compensation from the organization.
How much revenue does ADEI FOUNDATION INC have?
On its 990-EZ for the year ended December 31, 2023 it reported revenue of $67,546, expenses of $179,546 and total assets of $31,735 at year end.

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