2023-07-19T12:44:02-04:00 2022-12-31 SOZO CONSULTING 121 RUGOSA DRIVE FOLSOM CA 95630 990 2022-01-01 872513010 AMBITION ANGELS AMBI 5038035569 2589 GLORIA WAY EAST PALO ALTO CA 94303 OLAREMI SOBOMEHIN PRESIDENT/CEO 5038035569 2023-07-13 true OLAREMI SOBEMEHIN XXX-XX-XXXX false JOSHUA M CANTWELL P01498460 6509067272 2023-07-19 X 2022 2023-04-26 12:10:37Z X OLAREMI SOBOMEHIN 2589 GLORIA WAY EAST PALO ALTO CA 94303 222100 false X WWW.AMBITIONANGELS.ORG X 2021 CA HELPING EQUIP UNDERSERVED TEENS WITH THE SKILLS NEEDED TO THRIVE IN SCHOOL, THEIR CAREERS, AND LIFE. 3 3 1 20 0 222100 0 0 0 222100 0 0 89098 4905 32029 66019 160022 62078 9995 72073 0 9995 72073 HELPING EQUIP UNDERSERVED TEENS WITH THE SKILLS NEEDED TO THRIVE IN SCHOOL, THEIR CAREERS, AND LIFE. false false 118961 IN 2022 AMBITION ANGELS BUILT 10 PROGRAMS TO BE DELIVERED THROUGH A MOBILE APPLICATION CALLED AMBITION APP. COURSES WERE CREATED TO TEACH UNDERSERVED TEENS LIFE SKILLS LIKE FINANCIAL LITERACY, SOCIAL EMOTIONAL SKILLS, MANAGING MENTAL HEALTH, EXECUTIVE FUNCTIONING SKILLS ETC... WE LAUNCHED THE APP ON BOTH THE APPLE AND GOOGLE STORE AND RECRUITED OVER 1500 STUDENTS FROM SCHOOLS IN LOW INCOME COMMUNITIES OF COLOR NATIONWIDE. WE WERE AMAZED AT OUR ENGAGEMENT RATES, SEEING AN 80% COURSE COMPLETION RATE AND A 96% COURSE RETENTION RATE. IN ORDER TO SUPPLY THE REWARDS FOR COURSE COMPLETION AND TO BUILD OUT OUR TEAM WE RAISE OVER 200K FROM FOUNDATIONS AND GENEROUS INDIVIDUALS . 118961 true true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 2 0 1 true false false false false false false false false X 3 3 true false false false false false false true true false false true true true true true true true true true true CA X OLAREMI SOBOMEHIN 5038035569 2589 GLORIA WAY EAST PALO ALTO CA 94303 OLAREMI SOBOMEHIN PRESIDENT/CE 40.00 X 82500 0 0 JERRELL BROWN TREASURER/BO 1.00 X X 0 0 0 AARON RAGSDALE SECRETARY/BO 1.00 X X 0 0 0 KENDRA SOBOMEHIN CFO/BOARD 1.00 X 0 0 0 82500 false false false 222100 222100 222100 X 82500 49500 8250 24750 6598 3959 660 1979 340 204 34 102 4905 4905 17315 17315 227 136 23 68 644 386 65 193 1360 1360 PROGRAM SUPPLIES & FEEDS 45867 45867 PROGRAM SUPPLIES 234 234 DONOR STEWARDSHIP 32 32 160022 118961 9032 32029 9995 72073 9995 72073 0 0 X 9995 72073 9995 72073 9995 72073 62078 X false false false X 222100 222100 222100 222100 558 221542 222100 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED FORM 990, PAGE 1, PART I, LINE 6 THE BOARD OF DIRECTRORS AND SOME PROGRAMMATIC VOLUNTEERS. FORM 990, PAGE 6, PART VI, LINE 2 KENDRA SOBOMEHIN OLAREMI SOBOMEHIN BOARD/CFO CEO HUSBAND FORM 990, PAGE 6, PART VI, LINE 11B THE BOARD HAS THE RESPONSIBILITY FOR REVIEWING THE ORGANIATION'S FORM 990 (INCLUDING ALL PERTINENT SCHEDULES) BEFORE IT IS FILED WITH THE INTERNAL REVENUE SERVICE. A DRAFT OF THE FORM 990 IS READY FOR REVIEW BY THE BOARD NO LATER THAN A WEEK PRIOR TO THE FILING DEADLINE. AFTER THE DRAFT OF THE FORM 990 HAS BEEN OBTAINED BY THE BOARD, THEY WILL HAVE NO MORE THAN A WEEK TO COMPLETE THEIR REVIEW. IN CONDUCTING THEIR REVIEW OF THE DRAFT OF THE FORM 990, THE BOARD CONDUCTS A TOP-LEVEL OR BIG-PICTURE TYPE OF REVIEW. HOWEVER, IF THE BOARD DEEMS IT NECESSARY TO CONDUCT A MORE DETAILED REVIEW OF THE FORM 990, THEN THEY CONTACT THE PREPARER OF THE FORM 990 TO REQUESET COPIES OF THE RELEVANT DETAILED TAX RETURN WORKPAPERS WHICH THEY WOULD LIKE TO SEE. ONCE THE BOARD HAS COMPLETED ITS INITIAL REVIEW OF THE FORM 990, A MEETING OR CONFERENCE CALL IS SCHEDULED WITH THE PREPARER OF THE FORM 990 TO DISCUSS ANY QUESTIONS, COMMENTS, AND SUGGESTED REVISIONS IDENTIFIED BY THE BOARD. THE PREPARER OF THE FORM 990 MAKES ANY REVISIONS TO THE FORM 990 AS SOON AS FEASIBLY POSSIBLE TO ENSURE THAT THE FORM 990 IS FILED WITH THE INTERNAL REVENUE SERVICE ON A TIMELY BASIS. ALL QUESTIONS, COMMENTS, AND SUGGESTED REVISIONS SET FORTH BY THE BOARD ARE DOCUMENDED, ALONG WITH ANY RESPONSES FROM THE PREPARER OF THE FORM 990, IF APPLICABLE. FORM 990, PAGE 6, PART VI, LINE 12C THERE WERE NO INSTANCES OF THE ORGANIZATION HAVING TO ENFORCE COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. THE BOARD OF DIRECTORS AND OFFICERS PREPARE AN ANNUAL DISCLOSURE OF ANY POSSIBLE CONFLICTS OF INTEREST. THESE DISCLOSURES ARE REVIEWED BY THE ORGANIZATION'S MANAGEMENT TEAM, AND SHOULD ANY DISCLOSURE JUSTIFY FURTHER DISCUSSION/DETERMINATION, THE FULL BOARD WOULD VOTE ON THE TRANSACTION WITHOUT THE BOARD MEMBMER OR OFFICER PRESENT FOR THE DELIBERATION. FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD RELIES ON COMPARABILITY DATA TO DETERMINE AND APPROVE THE COMPENSATION OF THE EXECUTIVE DIRECTOR. THE BOARD UTILIZES RESOURCES SUCH AS SIMILARY SITUATED EXEMPT ORGANIZATIONS IN THEIR AREAS TO BENCHMARK PAY ALONG WITH MARKET INFORMATION FROM OTHER EXEMPT ORGANIZATIONS AND FOR- PROFIT ORGANIZATIONS TO ASSESS THE COMPETITIVENESS AND REASONABLIESS OF THE COMPENSATION. ONCE A DECISION HAS BEEN MADE, A VOTE IS TAKEN FOR APPROVAL BY THE BOARD. RECUSAL OF THE INDIVIDUALS WHOSE COMPENSATION IS BEING DETERMINED IS MANDATORY. A SIMILAR PROCESS IS IN PLACE FOR DETERMINING COMPENSATION OF THE OTHER KEY EMPLOYEES, IF ANY. FORM 990, PAGE 6, PART VI, LINE 15B THE ORGANIZATION UTILIZES COMPENSATION SURVEYS TO DETERMINE A REASONABLE RANGE OF COMPENSATION FOR KEY EMPLOYEES (IF ANY). FORM 990, PAGE 6, PART VI, LINE 19 THE FOLLOWING ORGANIZATIONAL DOCUMENTS ARE AVAILABLE (FOR INSPECTION OR COPYING) AT THE ORGANIZATION'S MAIN OFFICE DURING NORMAL BUSINESS HOURS AT NO CHARGE: -TAX EXEMPTION APPLICATION (FORM 1023) -INTERNAL REVENUE SERVICE DETERMINATION LETTER -ARTICLES OF INCORPORATION -BY-LAWS THE PUBLIC INSPECTION COPY OF THE ORGANIZATION'S FORM 990 AND FORM 990-T, FROM THE PREVIOUS THREE YEARS (AT A MINIMUM), WILL BE AVAILABLE (FOR INSPECTION OR COPYING) AT THE ORGANIZATION'S MAIN OFFICE DURING NORMAL BUSINESS HOURS AT NO CHARGE, IF APPLICABLE. THE PUBLIC INSPECTION COPY OF THE FORM 990 WILL NOT INCLUDE THE SCHEDULE OF SCHEDULE A EXCESS CONTRIBUTORS OR THE SCHEDULE B NAMES AND ADDRESSES OF CONTRIBUTORS. THE ORGANIZATION WILL MAKE BEST EFFORTS TO ENSURE THAT THE FORMS 990 AND 990-T HELD AT THEIR MAIN OFFICE ARE THE MOST UPDATED VERSIONS OF SUCH. FOR EXAMPLE, IN THE INSTANCE WHERE A FORM 990 HAS BEEN AMENDED, THE AMENDED VERSION OF THE FORM 990 OR FORM 990-T WILL BE THE ONE AVAILABLE FOR PUBLIC INSPECTION. WHEN RESPONDING TO A PUBLIC INSPECTION REQUEST FOR ANY ORGANIZATIONAL DOCUMENT OR FORM 990 (INCLUDING FORM 990-T) BY ANYONE, THE ORGANIZATION FULFILLS SUCH REQUEST IN A TIMELY FASHION WITHOUT INQUIRING AS TO THE REASON FOR THE PUBLIC INSPECTION REQUEST. THE FOLLOWING OTHER DOCUMENT (MOST UPDATED VERSIONS) IS MADE AVAILABLE FOR INSPECTION OR COPYING) AT THE ORGANIZATION'S MAIN OFFICE DURING NORMAL BUSINESS HOURS AT NO CHARGE: -CONFLICT OF INTEREST POLICY FORM 990, PART IX, LINE 11G OUTSIDE SERVICES -OTHER 2,264 0 0 APP CREATION SERVICE FEES 8,675 0 0 CURRICULUM CREATION FEES 1,000 0 0 VIDEO CREATION 5,376 0 0 TOTAL 17,315 0 0