Onexim Foundation Inc

Nonprofit profile at a glance

EIN
471448155
IRS 990-EZ coverage
2019–2020
Forms available
Form 990 2017, Form 990-EZ 2020
Location
New York, NY, USA
Phone
7189429694
Rating confidence
Limited
Sector
Public Foundations

Reported finances

Revenue
$0
Expenses
$1,475
Assets
$23,550
Liabilities
$12,101

Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.

Leadership & pay

2 people listed

Executive titles in this filing

  • maureen hanlon (PRESIDENT & TREASURER-DIRECTOR)

People named in this filing

  • maureen hanlon (PRESIDENT & TREASURER-DIRECTOR)
  • SAM PHELPS (SECRETARY - DIRECTOR)

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 2020. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The mission of the organization is: (a) to provide access and/or exposure for youths and adults in the brooklyn community to athletic, cultural and community events with the expressed goal of enhancing quality of life and affording greater opportunites for personal growth and development. It is anticipated that the access and exposure will be provided through the sponsorship of athletic events and/or leagues career days, community tours field trips and other similar unique programming in and around brooklyn for attendance and/or particiption by youths and adults and , if necessary. The provision of financial assistance to defray the costs of such attendance or participation. (b) to support, through funding and/or endorsement, existing services and facilities in brooklyn that are consistent with the corporation's stated purposes identified in subparagraph (a) above. (c) to solicit, receive, maintain and administration a fund or funds of real and/or personal property and apply the whole

What it reported doing in 2020

To provide access and/or exposure to youths and adults in the brooklyn community to various community events with the expressed goal of enhancing quality of life and affording greater opportunites for personal growth and devlopment.

Operating model

Revenue model
No positive adjusted resources. The filing reports no positive adjusted operating resources.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 82
  • Sustainability: 35
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited

Transparency & Controls

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

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: 15.97; rating input score 93; 93rd percentile among comparable filings
  • Liabilities to assets ratio: 0.51; rating input score 11; 11th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -107.1% per year; rating input score 0; 3rd percentile among comparable filings
  • Asset growth: -33.7% per year; rating input score 0; 5th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 2 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 2 filing years from 2019 to 2020
  • Contacts: How to reach this organization
  • Related organizations: 1 filed related-organization link
  • 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 — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 11/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.