Form 990 for tax year 2023

Filed by HEART FOR AFRICA INC.

Totals

Total revenue: $5,029,192
Total expenses: $4,582,399
Contributions and grants received: $5,369,723
Grants paid: $2,785,236
Program service revenue: $159,688
Investment income: $8,512
Other revenue: -$508,731
Total assets, end of year: $2,015,491
Total liabilities, end of year: $325,748
Net assets or fund balances, end of year: $1,689,743
Program services expenses (Part IX): $3,825,589
Management and general expenses: $463,507
Fundraising expenses: $293,303
Program service expenses (Part III): $3,825,589

Program services were 83.5% 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.

1c · Fundraising events

$1,086,399
1f · All other contributions, gifts and grants

$4,283,324
1g · Noncash contributions included above

$166,082
2a · Program service revenue: JEWLERY SALES

total $159,688 · related or exempt $159,688
3 · Investment income

total $105 · excluded $105
7a · Gross sales of assets other than inventory

securities $362,496
7b · Less cost or other basis and sales expenses

securities $354,089
7c · Gain or loss

securities $8,407
7d · Net gain or loss

total $8,407 · excluded $8,407
8a · Fundraising events: gross income

$101,225
8a · Fundraising events: contributions included on line 1c

$1,086,399
8b · Fundraising events: direct expenses

$609,956
8c · Net income from fundraising events

total -$508,731 · excluded -$508,731

Functional expenses

Part IX, the statement of functional expenses.

3 · Grants to foreign organizations and individuals

total $2,785,236 · program services $2,785,236
5 · Compensation of officers, directors and key employees

total $546,251 · program services $546,251
7 · Other salaries and wages

total $531,686 · program services $67,093 · management and general $243,031 · fundraising $221,562
9 · Other employee benefits

total $42,960 · program services $24,444 · management and general $9,686 · fundraising $8,830
10 · Payroll taxes

total $63,049 · program services $35,875 · management and general $14,215 · fundraising $12,959
11b · Fees: legal

total $5,531 · program services $3,319 · management and general $2,212
11g · Fees: other

total $122,288 · management and general $95,768 · fundraising $26,520
13 · Office expenses

total $92,231 · management and general $83,008 · fundraising $9,223
16 · Occupancy

total $47,788 · program services $47,788
17 · Travel

total $149,124 · program services $149,124
19 · Conferences, conventions and meetings

total $55,760 · program services $31,727 · management and general $12,572 · fundraising $11,461
22 · Depreciation, depletion and amortization

total $5,458 · program services $3,105 · management and general $1,231 · fundraising $1,122
23 · Insurance

total $7,911 · program services $4,501 · management and general $1,784 · fundraising $1,626
24a · Other expenses: DIRECT COST OF SALES

total $76,918 · program services $76,918
24b · Other expenses: VOLUNTEER EXPENSES

total $50,208 · program services $50,208

Balance sheet

Part X, book values.

1 · Cash, non-interest-bearing

beginning of year $1,002,011 · end of year $1,056,455
2 · Savings and temporary cash investments

beginning of year $221,731 · end of year $203,448
3 · Pledges and grants receivable

end of year $443,303
4 · Accounts receivable

beginning of year $46,620 · end of year $94,915
9 · Prepaid expenses and deferred charges

beginning of year $420,365 · end of year $203,676
10a · Land, buildings and equipment: cost or other basis

$55,296
10b · Land, buildings and equipment: accumulated depreciation

$41,602
10c · Land, buildings and equipment, net

beginning of year $7,956 · end of year $13,694
17 · Accounts payable and accrued expenses

beginning of year $455,733 · end of year $114,274
25 · Other liabilities

beginning of year $0 · end of year $211,474
27 · Net assets without donor restrictions

beginning of year $277,290 · end of year -$35,246
28 · Net assets with donor restrictions

beginning of year $965,660 · end of year $1,724,989

Mission and programs · 2023

Mission

THE ORGANIZATION'S PRIMARY MISSION IS TO PROVIDE AN OPPORTUNITY FOR NORTH AMERICANS TO BRING HOPE TO AFRICANS IN THE AREAS OF HUNGER, ORPHANS, POVERTY, AND EDUCATION.

Activities or mission (Part I)

THE ORGANIZATION SEEKS TO SERVE AFRICA IN THE AREAS OF HUNGER, ORPHANS, POVERTY, AND EDUCATION.

HIV/AIDS HAS RAVAGED THE COUNTRY OF ESWATINI AND MORE THAN 200,000 CHILDREN HAVE BEEN ORPHANED IN ITS WAKE. ALMOST HALF OF THE COUNTRY'S POPULATION ARE ORPHANS OR VULNERABLE CHILDREN. WITH OVER 160 CHILDREN LIVING ON PROJECT CANAAN RIGHT NOW, HEART FOR AFRICA RECEIVES A NEW BABY EVERY TWO WEEKS. MANY OF OUR CHILDREN ARRIVE WITH SEVERE MALNUTRITION AND SUFFER FROM ABUSE AND NEGLECT OFTEN LEAVING THEM WITH PHYSICAL, INTELLECTUAL AND/OR OTHER DEVELOPMENTAL CHALLENGES. PROVIDING A HOME, FOOD, CLOTHING, EDUCATION AND OTHER CARE UNTIL THEY REACH ADULTHOOD REQUIRES SIGNIFICANT INVESTMENT. OUR COMMITMENT TO EACH CHILD IS TO PROVIDE THEM WITH A HOME UNTIL THEY'RE 18-YEARS OF AGE WHILE PROVIDING THEM WITH THE TRAINING, EDUCATION AND RESOURCES THEY NEED TO SECURE EMPLOYMENT.

Expenses $1,994,646 · Grants $1,452,210
PROJECT CANAAN, HEART FOR AFRICA'S 2,500-ACRE FARM IN ESTWATINI, IS AN INNOVATIVE INITIATIVE THAT BRINGS TOGETHER EXPERIENCE AND TECHNICAL SUPPORT FROM AROUND THE WORLD TO GROW FOOD AND PROVIDE EMPLOYMENT FOR MEN AND WOMEN. OUR DAIRY PROVIDES MILK AND FOOD FOR OUR CHILDREN AND STAFF, WHILE OUR EGG PROJECT PROVIDES NUTRITIOUS EGGS FOR THE CHILDREN AND ARE DELIVERED FREE OF CHARGE TO THOUSANDS OF ORPHANS EACH WEEK THROUGHOUT THE COUNTRY. DUE TO THE SEVERE DROUGHT AFFLICTING MUCH OF SUB-SAHARAN AFRICA WE LAUNCHED AN AQUAPONICS PROJECT FOCUSED ON SUSTAINABLE AGRICULTURE, WHILE MINIMIZING THE USE OF WATER. OUR WATER PIPELINE PROJECT IS DESIGNED TO PROVIDE WATER SECURITY TO PROJECT CANAAN. WE ARE BUILDING A PIPELINE THAT DIRECTS THE FLOW OF NATURAL SPRINGS DOWN A MOUNTAIN ONTO OUR FARM THAT WILL BE INTEGRATED WITH OUR SYSTEM OF DAMS TO PROVIDE WATER FOR BOTH DOMESTIC AND AGRICULTURAL USE.

Expenses $1,728,514 · Grants $1,258,452
UNEMPLOYMENT AND POVERTY ARE TWO ENORMOUS CHALLENGES FACING THE PEOPLE OF ESWATINI. AS PART OF OUR FOCUS ON POVERTY AND EDUCATION (WHICH INCLUDES VOCATIONAL TRAINING), WE EMPLOY NEARLY 300 MEN AND WOMEN FROM THE AREAS AROUND PROJECT CANAAN. MORE THAN 100 PEOPLE WORK IN KHUTSALA ARTISANS WHERE THEY CREATE AUTHENTIC AFRICAN HANDCRAFTS SUCH AS BEADWORK ANIMALS, HOME DECOR AND CHRISTMAS ORNAMENTS. THIS EMPLOYMENT PROVIDES AN OPPORTUNITY FOR FAMILIES TO REMAIN INTACT AND HELPS SWAZIS SECURE A SUSTAINABLE INCOME. IN ADDITION, 100% OF THE PROFITS FROM THE SALE OF THESE ITEMS GO DIRECTLY TO SUPPORTING THE CHILDREN'S HOMES. ON AVERAGE, EACH SWAZI WORKING FOR PROJECT CANAAN CARES FOR 13 OTHER PEOPLE, MEANING THAT EACH PERSON EMPLOYED HAS A MUCH GREATER ECONOMIC IMPACT ON THE COMMUNITIES SURROUNDING PROJECT CANAAN.

Expenses $102,429 · Grants $74,574 · Revenue $159,688

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

DAVID BRYANT

EXECUTIVE DIRECTOR

Total calculated

$159,461

From this org

$146,055

From related orgs

$0

Other

$13,406

Hours/week

40

Schedule J breakdown matched by us

Base

$120,555

Bonus

$25,500

Other

$0

Deferred

$0

Nontaxable benefits

$13,406

Filer's total

$159,461
IAN MAXWELL

CEO/CO-FOUNDER

Total calculated

$144,327

From this org

$144,327

From related orgs

$0

Other

$0

Hours/week

40
JANINE MAXWELL

VICE PRESIDENT/CO-FOUNDER

Total calculated

$135,119

From this org

$135,119

From related orgs

$0

Other

$0

Hours/week

40
JOHN MCCARTHY

DIRECTOR OF FINANCE

Total calculated

$131,905

From this org

$120,750

From related orgs

$0

Other

$11,155

Hours/week

40
JAMES ALAN HILL

MEMBER

Total calculated

$0

Hours/week

1
ROBERT HOLMES

MEMBER

Total calculated

$0

Hours/week

1
TED WATSON

MEMBER

Total calculated

$0

Hours/week

1
MORGAN KOKARAM

MEMBER

Total calculated

$0

Hours/week

1
LA'KERRI JACKSON

MEMBER

Total calculated

$0

Hours/week

1
KRISTI MORRILL

MEMBER

Total calculated

$0

Hours/week

1
DOUG LIPTAK

MEMBER

Total calculated

$0

Hours/week

1
MELVA TATE

MEMBER

Total calculated

$0

Hours/week

1
KRISTEN JOHNS

SECRETARY

Total calculated

$0

Hours/week

1
JILL WOOD-WOLFF

TREASURER

Total calculated

$0

Hours/week

1
SANDRA GREEN

VICE CHAIRMAN

Total calculated

$0

Hours/week

1
CHRIS WINKLE

CHAIRMAN

Total calculated

$0

Hours/week

1

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

3 · Form 990 of other organizations
3 · Compensation survey or study
5a · Pay contingent on this organization's revenues

Answered no

4a · Severance or change-of-control payment
4b · Supplemental nonqualified retirement plan
4c · Equity-based compensation arrangement
5b · Pay contingent on a related organization's revenues
6a · Pay contingent on this organization's net earnings
6b · Pay contingent on a related organization's net earnings
7 · Other non-fixed payments
8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 5: THE BOARD OF DIRECTORS APPROVES THE ANNUAL BUDGET WHICH INCLUDES COMPENSATION FOR KEY EMPLOYEES, INCLUDING THE EXECUTIVE DIRECTOR. THE BASE SALARY OF THE EXECUTIVE DIRECTOR IS REVIEWED ON AN ANNUAL BASIS AND COMPARED TO SIMILAR POSITIONS WITH SIMILAR ORGANIZATIONS. IN ADDITION TO THE BASE SALARY, THE EXECUTIVE DIRECTOR IS ELIGIBLE FOR A BONUS BASED ON FUNDRAISING ACHIEVEMENTS, SPECIFICALLY WHETHER THE ORGANIZATION EXCEEDS THE ANNUAL FUNDRAISING GOAL ESTABLISHED FOR THE YEAR. IF THE ANNUAL FUNDRAISING GOAL IS EXCEEDED AND PERMITS THE ORGANIZATION TO ACCELERATE OR EXPAND PROGRAMS OR ACCELERATE CAPITAL EXPENDITURES THAT FURTHER THE ORGANIZATION'S MISSION OF PROVIDING HOPE IN THE AREAS OF HUNGER, ORPHANS, POVERTY AND EDUCATION, THE EXECUTIVE DIRECTOR IS ELIGIBLE TO RECEIVE A MONETARY BONUS. FOR 2023, THE FUNDRAISING REVENUE EXCEEDED THE BUDGETED AMOUNT AND RESULTED IN A BONUS FOR THE EXECUTIVE DIRECTOR. THE TOTAL COMPENSATION OF THE EXECUTIVE DIRECTOR, INCLUDING BASE SALARY AND BONUS, REMAINS IN THE TOTAL COMPENSATION RANGE FOR SIMILAR POSITIONS WITH SIMILAR ORGANIZATIONS.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

HEART FOR AFRICA SWAZILAND

SEE SUPPLEMENTAL EXPLANATION · SF

Provenance

Return type: form_990
Tax year: 2023
Filed: 29 October 2024
IRS schema version: 2023v5.1
Source object: 202403069349300205

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