Public Charity

THE FREGENET FOUNDATION

THE FREGENET FOUNDATION is a nonprofit organization categorized as Public Charity based in Los Angeles, CA. Its most recent IRS filing (2025) reports revenue of $30K, expenses of $34K, total assets of $58K. Imperigo tracks 2 reported grant relationships connected to this organization totaling approximately $15K.

EIN: 611544897 Los Angeles, CA Latest filing: 2025
Total Revenue$30K
Total Expenses$34K
Total Assets$58K
Grant Records2
Funding Total$15K
Filing Years2020–2025

Mission

The Foundation is dedicated to creating educational opportunities for impoverished children in Ethiopia. The Foundation provides high quality early education as a means to overcome poverty, reduce gender inequality and more to disadvantaged children. The Fregenet Foundation set out to provide this by building schools that have lower teacher / student ratio (2 to 30) and provides everything for free (meals, uniform, books, education), including a free pre-Kindergarten and Kindergarten program.

Officers & Directors

Board Director & Fundraising Committee Abdi Sherif Dr
Board of Director, Financial Officer Elizabeth Asrat
Board Director, Secretary of the Board Shimelis B Gulema
Board Director, President Tafesse Woubseht

Officer compensation and complete director data available with membership.

Top Grant Purposes

CHARITABLE DONATION
$8,417 1 grant
Unrestricted
$6,456 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $30K $34K $58K
2024 $31K $53K $62K
2023 $36K $41K $84K
2021 $56K $87K $123K
2020 $68K $137K $154K

Between 2020 and 2025, reported annual revenue declined from $68K to $30K (-56%), with total assets most recently reported at $58K.

Interactive year-over-year charts and full filing details available with membership.

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