Edo Cultural Association

Nonprofit profile at a glance

EIN
550876261
IRS 990-EZ coverage
2019–2024
Forms available
Form 990 2017, Form 990-EZ 2024, Form 990-N 2020
Location
Las Vegas, NV, USA
Phone
7025103531
Rating
41
Verdict
MIXED
Rating confidence
Moderate
Sector
Human Service Organizations

Reported finances

Revenue
$5,000
Expenses
$4,550
Assets
$22,201
Liabilities
$2,500

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • Felix Egbase (President)
  • Mrs Ofure Osauwagie (Vice President)

People named in this filing

  • Felix Egbase (President)
  • Mrs Ofure Osauwagie (Vice President)
  • Sonie Braih (Secretary)

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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Edo cultural Association is organized exclusively for Charitable, Religious, and Scientific purposes. Including for such purpose as following the rules that guide 501(c) 3 IRS Code.

What it reported doing in 2024

In the Summer of 2024 our members engaged in providing hot meals and sandwiches to the homeless in the streets of Downtown Las Vegas, Nevada as a service to the community. We also provided them with used warm clothing and winter wears in the Winter of 2024. Most of these activities were performed at a minimum cost to the Association, which were sponsored from the Association funds and members contribution

Operating model

Revenue model
Donor-supported. 80% of the money available for current operations came from contributions and gifts.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

MIXED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 82
  • Sustainability: 62
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 9%; rating input score 60; 60th percentile among comparable filings
  • Total-asset coverage ratio: 4.88; rating input score 84; 84th percentile among comparable filings
  • Liabilities to assets ratio: 0.11; rating input score 17; 17th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 51.4% per year; rating input score 100; 93rd percentile among comparable filings
  • Revenue growth: 0.4% per year; rating input score 100; 53rd percentile among comparable filings
  • Asset growth: 11.9% per year; rating input score 100; 76th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 6 filing years from 2019 to 2024
  • 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.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 17/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.