2024-04-15T18:18:13-04:00 2023-12-31 SOZO CONSULTING 121 RUGOSA DR FOLSOM CA 95630 990 2023-01-01 872513010 AMBITION ANGELS AMBI 5038035569 1265 BEECH STREET EAST PALO ALTO CA 94303 OLAREMI SOBOMEHIN PRESIDENT/CEO 5038035569 2024-03-20 true OLAREMI SOBEMEHIN XXX-XX-XXXX false JOSHUA M CANTWELL P01498460 6509067272 2024-04-15 X 2023 2023-04-26 12:10:37Z X OLAREMI SOBOMEHIN 1265 BEECH STREET EAST PALO ALTO CA 94303 1161002 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 4 20 0 222100 1161002 0 0 0 222100 1161002 0 0 89098 228105 4905 120601 207949 66019 501986 160022 850692 62078 310310 72073 540132 157749 72073 382383 HELPING EQUIP UNDERSERVED TEENS WITH THE SKILLS NEEDED TO THRIVE IN SCHOOL, THEIR CAREERS, AND LIFE. false false 611844 IN 2023, AMBITION ANGELS SIGNIFICANTLY EXPANDED OUR IMPACT ON UNDERSERVED TEENS, TRIPLING OUR CURRICULUM LIBRARY AND WELCOMING KEY TEAM MEMBERS, INCLUDING AN OPERATIONS MANAGER AND CURRICULUM DEVELOPER. OUR FUNDRAISING EFFORTS SAW A FIVEFOLD INCREASE, LEADING TO OUR LARGEST DONATION FOR A CITY-WIDE LAUNCH IN OAKLAND IN 2024. IN PARTNERSHIP WITH STANFORD, WE ESTABLISHED A FRAMEWORK FOR LONG-TERM IMPACT ASSESSMENTS, EMPHASIZING THE 5 C'S OF POSITIVE YOUTH DEVELOPMENT. OUR PROGRAM'S EFFECTIVENESS WAS UNDERSCORED BY A THIRD-PLACE FINISH IN THE NATIONAL TELOCITY MENTAL HEALTH CHALLENGE, DEMONSTRATING OUR APP'S POTENTIAL IN MENTAL HEALTH AND PERSONAL DEVELOPMENT. THIS YEAR'S SUCCESSES SET A STRONG FOUNDATION FOR FUTURE GROWTH AND DEEPER COMMUNITY ENGAGEMENT. 611844 true true false false false false false false false false false false false false false false false false false false false false false true false false false false false true false false false false false true false false false false false false false false false false false true 8 0 4 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 1265 BEECH STREET EAST PALO ALTO CA 94303 OLAREMI SOBOMEHIN PRESIDENT/CE 40.00 X 164863 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 2.00 X 0 0 0 164863 1 false true false 1161002 1161002 1161002 X 164863 98918 16486 49459 46127 27676 4613 13838 1711 1027 171 513 15404 9242 1540 4622 3250 1950 325 975 120601 120601 456037 446465 2468 7104 1184 711 118 355 19583 10599 4072 4912 3024 1815 302 907 5163 5163 216 129 22 65 5693 3416 569 1708 DONOR STEWARDSHIP 2250 2250 EMPLOYEE RECRUITMENT 2134 1281 213 640 ENGAGEMENT EVENTS 1939 1939 PROGRAM SUPPLIES/EQUIP. 1259 1259 254 254 850692 611844 30899 207949 72073 412096 128036 72073 540132 157749 0 157749 X 72073 382383 72073 382383 72073 540132 310310 X false false false X 222100 1161002 1383102 222100 1161002 1383102 634202 748900 1383102 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false X X false false false false false false false false false OLAREMI SOBOMEHIN PRESIDENT/CEO 164863 164863 SOBO CONSULTING GROUP LLC BOARD MEMBER 15000 CURRICULUM CONSULTIN false JERELL BROWN MARKETING MEDIA BOARD MEMBER 2100 AV CONSULTING false SCHEDULE L, PART V THE ORGANIZATION PAID CONTRACT SERVICES TO BUSINESSES THAT ARE OWNED BY TWO MEMBERS OF THE BOARD OF DIRECTORS, AS DISCLOSED. THESE PAYMENTS WERE MADE AT DISCOUNTED RATES FROM FAIR MARKET VALUE, AND WERE MADE FOR THE BENEFIT OF THE NONPROFIT. KENDRA SOBOMEHIN ALLOWED THE ORGANIZATION TO PAY MONTHS LATER DUE TO THE ORGANIZATION NOT YET HAVING FUNDS TO PAY HER. 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 -ADMIN 15,332 100 0 APP CREATION SERVICE FEES 300,000 0 0 CURRICULUM CREATION FEES 30,000 0 0 VIDEO CREATION 4,355 0 0 IMPACT ASSESSMENT 47,470 0 0 OUTSIDE SERVICES - ENGAGEMENT 20,550 0 0 OUTSIDE SERVICES - OTHER 11,808 1,968 5,904 OUTSIDE SERVICE - RECRUITMENT 2,400 400 1,200 DESIGN AND PRODUCT MANAGEMENT 14,550 0 0 TOTAL 446,465 2,468 7,104