Nonprofit · EIN 87-1641523
ONFOUNDATION
Also known as OURFOUNDATIONS
Tax-exempt · WILMINGTON, DE 19803
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $30,910 | $24,349 | $6,561 | $40,110 | – | $40,110 |
| December 31, 2023 | 990-EZ | $103,446 | $83,277 | $20,169 | $33,549 | – | $33,549 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $31,634
- Net income from fundraising events
- -$724
Expenses
- Grants and similar amounts paid
- $10,000
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $13,265
- Other expenses
- $1,084
- Program services (functional)
- $21,185
Balance sheet and other
- Total assets, start of year
- $33,549
- Total assets, end of year
- $40,110
- Total liabilities, end of year
- –
- Net assets, end of year
- $40,110
- Cash, savings and investments
- $40,110
- Gross receipts
- $40,971
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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Robert Asante | Chairman | 8 | $0 |
| Danuta Nitecki | Director | 1 | $0 |
| Ronald Davis | Vice President | 1 | $0 |
| Kyle Poyta | Treasurer | 1 | $0 |
| David Woods | Director | 1 | $0 |
| Elsie Spencer | Director | 1 | $0 |
| Shabnaum Singh | Secretary | 1 | $0 |
990-EZ for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Robert Asante | Chairman | 4 | $0 |
| Danuta Nitecki | Director | 1 | $0 |
| Ronald Davis | Vice President | 1 | $0 |
| Kyle Poyta | Treasurer | 1 | $0 |
| David Woods | Director | 1 | $0 |
| Elsie Spencer | Director | 1 | $0 |
| Shabnaum Singh | Secretary | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 2207 CONCORD PIKE STE 440, WILMINGTON, DE 19803-2908
- In care of
- % ROBERT ASANTE
- Mailing address (990-N for 2025)
- 2207 Concord Pike STE 440, Wilmington DE 19803
- Principal officer (990-N for 2025)
- Robert Asante, 913 Morningdale Dr, Wilmington DE 19810
- Signed the 990-EZ
- Robert Asante, Chairman
- Phone
- (877) 841-2086
- Website
- https//ourfoundations.org/
- Return prepared by
- Foundation Group Inc
Mission
Benevolent Assistance for People in Need
Program accomplishments
- The organization provides benevolent assistance to people in need in Ghana. In 2024, the organization assisted with the construction of roads for underserved communities in Ghana.Expenses $21,185 · grants $10,000
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-N on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 87-1641523
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2022
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- International, foreign affairs and national security (Q30)
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-N for 2025 Officer: Robert Asante | December 31, 2025 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-EZ | December 2024 | $30,910 | $24,349 | $40,110 | IRS |
| 990-EZ | December 2023 | $103,446 | $83,277 | $33,549 | XML |
| 990-N for 2022 Officer: Robert Asante | December 31, 2022 | ≤ $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 87-1641523).
Questions about ONFOUNDATION
- What is the EIN of ONFOUNDATION?
- The employer identification number (EIN) of ONFOUNDATION is 87-1641523.
- Is ONFOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to ONFOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ONFOUNDATION file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of ONFOUNDATION 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 ONFOUNDATION 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 ONFOUNDATION?
- The 990-N for 2025 names Robert Asante.
- Who are the officers and directors of ONFOUNDATION?
- The 990-EZ for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
- How much revenue does ONFOUNDATION have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $30,910, expenses of $24,349 and total assets of $40,110 at year end.
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All nonprofits in WILMINGTON · Delaware · International, foreign affairs and national security