Bonokollie Foundation Inc

Nonprofit profile at a glance

EIN
883799242
IRS 990-EZ coverage
2023–2025
Forms available
Form 990-EZ 2025
Location
Glen Ellyn, IL, USA
Rating
89
Verdict
STRONG
Rating confidence
Moderate
Sector
International Relief

Reported finances

Revenue
$5,750
Expenses
$6,100
Assets
$233

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • George Bonokollie (President)
  • Paul Bonokollie (Vice President)

People named in this filing

  • George Bonokollie (President)
  • Paul Bonokollie (Vice President)
  • Jacob Bosacki (Treasurer)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Our organization conducts fundraising initiatives to support clean water projects and community development in Liberia Africa. By collaborating with local partners we implement sustainable solutions to improve access to safe drinking water enhance sanitation facilities and promote overall community well-being. Through these efforts we strive to create a lasting impact on the health and quality of life of individuals in Liberia.

What it reported doing in 2025

In the Spring of 2025 we hosted fundraising events in Chicago that raised 6000 which went into our first clean water initiative in Liberia. In the May of 2025 we completed two well projects one well repair in Kollie Town Johnsonville Monrovia and our second well built from scratch 40 feet to the water line in Bonokollie Town Gbarpolu County. We also used the funding to establish our NGO in Liberia with authorization from the NWSHC Liberias National Water Sanitation and Hygiene Commission.

Operating model

Revenue model
Other-operating. 100% of the money available for current operations came from other operating revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 99
  • Transparency & Controls: 82
  • Sustainability: 25
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 98.4%; rating input score 98

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -6.1%; rating input score 33; 33rd percentile among comparable filings
  • Total-asset coverage ratio: 0.04; rating input score 9; 9th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 179.7% per year; rating input score 100; 99th percentile among comparable filings
  • Revenue growth: 132.6% per year; rating input score 100; 99th percentile among comparable filings
  • Asset growth: 12.9% per year; rating input score 100; 76th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 98.4% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $6K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 3 filing years from 2023 to 2025
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Sustainability: Operating margin scored 33/100.
  • High — Sustainability: Total-asset coverage ratio scored 9/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.