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The Geanco Foundation

EIN 20-3498204 · Los Angeles, CA

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthGood77 out of 100GovernanceGood80 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

GEANCO'S MISSION IS TO SAVE AND IMPROVE LIVES IN AFRICA. THE PRINCIPAL ACTIVITIES OF THE FOUNDATION ARE TO RECEIVE AND/OR MAINTAIN FUNDS WHICH ARE USED FOR SPECIAL MEDICAL MISSIONS, MATERNAL AND INFANT HEALTH PROGRAMS, AND SUPPORT OF SCHOOLS IN AFRICA.

Income
$1.1 million
Spending
$1.1 million
Spent on programs
78%
Reserves
6.4 months of spending
Largest source of income
donations and private grants, 98%
Employees
2
Volunteers
20
Highest pay
$254,847, ceo and co-founder

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Good: 77 out of 100. Higher than 54% of charities in its peer group (international, $1m to $10m).

  • Reserves

    28 of 35

    Spendable reserves would cover 6.4 months of spending.

  • Debt

    20 of 20

    It owes 9% of what it owns.

  • Living within its means

    4 of 15

    Spending exceeded income by 6% of income.

  • Income trend

    10 of 15

    Income fell 5% on the year before.

  • Spending floor

    15 of 15

    78% of spending went to programs and raising each dollar of donations cost 14 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Good: 80 out of 100. Higher than 33% of charities in its peer group (international, $1m to $10m).

  • Independent board

    5 of 25

    5 of 10 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (3)
  1. $428,136 spent. IN 2024, GEANCO FUNDED SURGERIES PERFORMED BY LOCAL, NIGERIAN SURGEONS ACROSS NIGERIA. A TOTAL OF 78 SURGERIES WERE SUCCESSFULLY COMPLETED WITHIN 10 NON-CONSECUTIVE DAYS. THE PROCEDURES INCLUDED HERNIORRHAPHY, HYDROCELECTOMY, THYROIDECTOMY, EXCISION BIOPSY, VAGINAL HYSTERECTOMY, MYOMECTOMY, AND CYSTECTOMY, AMONG OTHERS. IN 2023, THE ORGANIZATION WAS ABLE TO PERFORM A LAPAROSCOPIC SURGICAL MISSION AT LIFE INTERNATIONAL HOSPITAL IN NIGERIA. THE ORGANIZATION BROUGHT US SURGEONS THAT WORKED WITH NIGERIAN SURGEONS AND ANESTHESIOLOGISTS AND PERFORMED 73 PROCEDURES ON 33 PATIENTS IN FOUR DAYS. THEY ALSO PROVIDED HANDS-ON LAPAROSCOPIC SURGERY TRAINING AND GAVE LECTURES TO 25 NIGERIAN SURGEONS AND DOCTORS WHO TRAVELED FROM ALL OVER THE COUNTRY TO PARTICIPATE IN THE TRAINING.THE FOUNDATION HAS SIX MATERNITY CENTER CLINICS IN OPERATION IN NIGERIA AS OF JUNE OF 2024. ALL ARE SOLAR POWERED AND PROVIDE PRENATAL AND POSTNATAL CARE, AS WELL AS DELIVERY SERVICES AND VACCINATIONS. THE FOUNDATION HAS A LEADERSHIP SCHOLARSHIP PROGRAM FOR GIRLS IN NIGERIA WHO HAVE BEEN NEGATIVELY IMPACTED BY ACTS OF TERRORISM AND GENDER INEQUALITY. DURING 2021, THE FOUNDATION CONTINUED THE EXPANSION OF ITS ANEMIA PROGRAM AT FOUR HOSPITALS AND CLINICS IN SOUTHEAST NIGERIA. THE FOUNDATIONS LEADERS MADE OFFICIAL VISITS TO THE PARTNER HOSPITALS THAT MANAGE THE DAILY SCREENING AND TREATMENT OF VULNERABLE WOMEN AND CHILDREN FOR ANEMIA, A DANGEROUS BLOOD CONDITION.INCLUDED IN THIS TOTAL ARE ALSO A PORTION OF THE SALARIES OF THE FOUNDATIONS ONLY TWO EMPLOYEES.
  2. $211,418 spent. IN 2024, GEANCO ANNOUNCED A PARTNERSHIP WITH TWO-TIME NBA MVP SUPERSTAR AND CURRENT MILWAUKEE BUCKS PLAYER GIANNIS ANTETOKOUNMPO AND THE CHARLES ANTETOKOUNMPO FAMILY FOUNDATION TO UNVEIL THEIR INAUGURAL $50,000 COMMUNITY CENTER IN NAWFIA, A VILLAGE IN SOUTHEAST NIGERIA. THE CENTER OFFERS RESOURCES SUCH AS A COMPUTER LAB, LIBRARY WITH EDUCATIONAL MATERIALS, AND SPORTS AND MUSIC EQUIPMENT AND WILL SERVE AS A GATHERING SPACE FOR THE COMMUNITY.
  3. $254,847 spent. GEANCO OPERATED SIX MATERNITY CENTER CLINICS IN OPERATION IN NIGERIA IN 2024, WITH THE FIRST MATERNITY CENTER DEVELOPED AND BUILT DURING 2020. ALL ARE SOLAR POWERED AND PROVIDE PRENATAL AND POSTNATAL CARE, AS WELL AS DELIVERY SERVICES AND VACCINATIONS. EACH MONTH, OVER 2000 WOMEN RECEIVED CARE AT THESE CENTERS; HUNDREDS OF BABIES ARE BORN, AND HUNDREDS OF INFANTS ARE VACCINATED.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since August 2006.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.

  7. Could it be confused with another charity? Worth knowing.

    A much larger organization has a similar name: The Foundation (Houston, TX), EIN 92-0742101. If that is the one you meant, check the EIN before giving.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.