Totals
- Total revenue
- $770,781
- Total expenses
- $708,926
- Contributions and grants received
- $885,664
- Grants paid
- $81,919
- Program service revenue
- $0
- Investment income
- -$114,883
- Other revenue
- $0
- Total assets, end of year
- $1,791,125
- Total liabilities, end of year
- $412,083
- Net assets or fund balances, end of year
- $1,379,042
- Program services expenses (Part IX)
- $586,512
- Management and general expenses
- $84,511
- Fundraising expenses
- $37,903
- Program service expenses (Part III)
- $586,512
Program services were 82.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$885,664
-
1g · Noncash contributions included above
$5,194
-
3 · Investment income
total -$114,883 · related or exempt -$114,883
Functional expenses
Part IX, the statement of functional expenses.
-
3 · Grants to foreign organizations and individuals
total $81,919 · program services $81,919
-
5 · Compensation of officers, directors and key employees
total $53,578 · program services $53,578
-
7 · Other salaries and wages
total $328,852 · program services $281,212 · management and general $17,889 · fundraising $29,751
-
11g · Fees: other
total $101,303 · program services $56,367 · management and general $44,811 · fundraising $125
-
12 · Advertising and promotion
total $9,460 · program services $4,587 · management and general $939 · fundraising $3,934
-
13 · Office expenses
total $16,663 · program services $14,477 · management and general $2,186
-
14 · Information technology
total $7,642 · program services $5,205 · management and general $1,921 · fundraising $516
-
16 · Occupancy
total $9,489 · program services $9,069 · management and general $120 · fundraising $300
-
17 · Travel
total $51,866 · program services $51,269 · management and general $358 · fundraising $239
-
19 · Conferences, conventions and meetings
total $4,895 · program services $4,895
-
22 · Depreciation, depletion and amortization
total $844 · management and general $844
-
23 · Insurance
total $2,372 · program services $1,170 · management and general $1,202
-
24a · Other expenses: Books and publications
total $373 · program services $328 · management and general $45
-
24b · Other expenses: Education and training
total $3,756 · program services $3,756
-
24c · Other expenses: Postage and shipping
total $7,357 · program services $6,232 · management and general $125 · fundraising $1,000
-
24d · Other expenses: Printing and publications
total $3,153 · program services $1,133 · management and general $1,090 · fundraising $930
-
24e · All other expenses
total $25,404 · program services $11,315 · management and general $12,981 · fundraising $1,108
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,148,516 · end of year $932,136
-
7 · Other notes and loans receivable
beginning of year $349,621 · end of year $715,432
-
9 · Prepaid expenses and deferred charges
beginning of year $60,000 · end of year $135,118
-
10a · Land, buildings and equipment: cost or other basis
$8,439
-
10c · Land, buildings and equipment, net
beginning of year $992 · end of year $8,439
-
17 · Accounts payable and accrued expenses
beginning of year $24,442 · end of year $169,583
-
24 · Unsecured notes and loans payable
beginning of year $217,500 · end of year $242,500
-
27 · Net assets without donor restrictions
beginning of year $1,155,922 · end of year $1,207,626
-
28 · Net assets with donor restrictions
beginning of year $161,265 · end of year $171,416
Mission and programs · 2022
Mission
To provide hard-working men and women with economic and spiritual resources thatunleash their capacities and liberate them from the entanglements of poverty. We work with indigenous partner organizations in the developing world to providelife-transforming microloans.
-
Grew Kua Ventures to Become a source of affordable capital, coaching, and community for early-stage faith-driven social enterprises in East Africa and beyond. Helped eight small businesses in Kenya to create and sustain jobs for hardworking men and women. Equipping them with the tools they need to unleash their capacities and liberate them from the entanglements of poverty.
Expenses $586,512 · Grants $81,919 · Revenue $885,664
As filed on the 2022 return.
Listed in Part VII
-
Peter Fry
Executive Dir
- Total calculated
- $53,578
- From this org
- $53,578
- From related orgs
- $0
- Other
- $0
- Hours/week
- 50
-
John Squire Galbreath III
Trustee
- Total calculated
- $0
- Hours/week
- 2
-
Robert Metcalf
Trustee
- Total calculated
- $0
- Hours/week
- 2
-
Evans Mapenduka
Trustee
- Total calculated
- $0
- Hours/week
- 2
-
Sebastian Traege
Trustee
- Total calculated
- $0
- Hours/week
- 2
-
Laura J Kent
Trustee
- Total calculated
- $0
- Hours/week
- 2
-
Jon-Michael Johnson
Treasurer
- Total calculated
- $0
- Hours/week
- 5
-
Paul Vinogradov
Chairman
- Total calculated
- $0
- Hours/week
- 5
-
Richard N Dean
Vice Chairman
- Total calculated
- $0
- Hours/week
- 5
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 22 October 2023
- IRS schema version
- 2022v5.0
- Source object
- 202401169349300500
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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