Yemi and Bukola Adasofunjo Foundation Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
Health and Educational Advancement of the Under-served. Support for religious-based initiatives for community outreach. Support for legal immigration and integration.
- Income
- $260,061
- Spending
- $40,678
- Spent on programs
- 100%
- Reserves
- Over 10 years of spending
- Largest source of income
- donations and private grants, 58%
- Employees
- 0
- Volunteers
- 4
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 75 out of 100. Higher than 52% of charities in its peer group (human services, $250k to $1m).
Independent board
25 of 253 of 5 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Independent check of accounts
6 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2025, 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 (5)
- $13,563 spent. Educational support and grants to indigent students pursuing higher education
- $2,018 spent. 1. The foundation sponsors Six teachers at a local high school in Nigeria, to supplement instruction in key subjects. It is responsible for their monthly salaries and overall oversight. Subjects taught include: English Language, Mathematics, Physics, Chemistry, Biology and Civic Education.
- $20,960 spent. Financial Support for Christian Missionary Work and community outreach activities of Jesus Is Lord Deliverance Ministries, and Christ Apostolic Church, Oke Ife, both in Nigeria. In the USA, the foundation and its principal officers are active financial members and workers at the Agape House of Worship, New Jersey.
- The Foundation sponsors community-based programs through religious organizations. Please see detailed explanation in separate column
- $4,137 spent. The foundation provides individual financial support to persons experiencing crisis situations, including bereavement and other personal health challenges.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
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.
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.
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.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since November 2017.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
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.
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.