Fostr Hub
Nonprofit profile at a glance
- EIN
- 334185958
- IRS 990-EZ coverage
- 2025–2025
- Forms available
- Form 990-EZ 2025
- Location
- Atlanta, GA, USA
- Phone
- 7707158540
- Rating
- 34
- Verdict
- REVIEW
- Rating confidence
- Moderate
- Sector
- Nonprofit Management
Reported finances
- Revenue
- $18,156
- Expenses
- $26,864
- Assets
- $0
- Liabilities
- $8,708
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- Adekunle Ayodele (President)
People named in this filing
- Adekunle Ayodele (President)
- Olakunle Oguneye (Secretary)
- Bitrus Baba (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
Fostr Hub Inc is a nonprofit organization organized exclusively for charitable and educational purposes within the meaning of Section 501c3 of the Internal Revenue Code The organizations primary purpose is to provide educational programming professional development resources mentorship and community support to professionalsparticularly individuals from underrepresented backgroundsworking in or seeking access to technology and innovation-related fields Fostr Hub advances its mission through educational workshops mentorship initiatives knowledge-sharing forums and community-based programs designed to increase access to career information skills development and professional networks These activities are intended to promote economic opportunity workforce readiness and leadership development for the public benefit All activities are conducted in furtherance of the organizations exempt purposes and no part of the organizations net earnings inures to the benefi
What it reported doing in 2025
0
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- No current program activity. The filing reports no program spending for the current year.
The verdict
REVIEW - The filed numbers largely add up. 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: 14
- Growth: NotEnoughData
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; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -48%; rating input score 13; 13th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 3; 3rd 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: Limited
- Revenue growth: Limited
- Asset growth: Limited
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 · 3 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- 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: Operating margin scored 13/100.
- High — Sustainability: Total-asset coverage ratio scored 3/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.