Chisomo Idea Inc
- Assets
- $20.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- San Diego, CA
- Founding
- 06/2009
- Data as of
- 06/2021
- EIN
- 26-4125139
Organization Overview
Chisomo Idea Inc is located in San Diego, CA. The organization was established in 2009. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chisomo Idea Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Chisomo Idea Inc generated $55.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (10.6%) each year. All expenses for the organization totaled $57.3k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (10.4%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
WE HAVE THREE DISTINCT PROJECTS OF FOCUS; ALL OF WHICH UNIQUELY COMMUNICATE THE IDEA OF CHISOMO (GRACE).CHILDREN CENTERS: WE HAVE AFTER-SCHOOL LEARNING CENTERS FOR CHILDREN WHO LIVE IN THE VILLAGES. OBJECTIVES: GENERAL EDUCATION, HEALTH AND HYGIENE EDUCATION, SPORTS AND RECREATION, AND SPIRITUAL DEVELOPMENT [DISCIPLESHIP]. THEATER OF DREAMS: WE RUN SPORTS CLINICS IN STRATEGIC LOCATIONS AROUND LILONGWE, MALAWI, WITH THE GOAL OF OPENING A SPORTS ACADEMY. OBJECTIVES: SPORT-SPECIFIC SKILL DEVELOPMENT, COMMUNITY DEVELOPMENT, GENERAL EDUCATION, AND SPIRITUAL DEVELOPMENT [DISCIPLESHIP]. LEADERSHIP DEVELOPMENT: WE RUN AGE AND GENDER-SPECIFIC SEMINARS AND CONFERENCES FOR YOUTH. OBJECTIVES: PRACTICAL LEADERSHIP TRAINING, COMMUNITY DEVELOPMENT, GENERAL EDUCATION, AND SPIRITUAL DEVELOPMENT [DISCIPLESHIP].
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Noel Musicha President | 20 | $0 | |
Derek Hess Treasurer | 1 | $0 | |
Melissa Musicha Secretary | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $55,194 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $55,194 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $57,349 |
| Total expenses | $57,349 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $1,452 |
| Other assets | $0 |
| Total assets | $20,630 |
| Total liabilities | $302 |
| Net assets or fund balances | $20,328 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Chisomo Idea Inc has recieved totaling $10,022.
| Awarding Organization | Amount |
|---|---|
Corley Foundation Newport Beach, CA PURPOSE: TO CONNECT THE GLOBAL FAMILY IN PRACTICES OF FAITH, HUMAN DEVELOPMENT, AND ACTIVISM WITHIN AFRICA'S MOST AT-RISK COMMUNITIES. | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $22 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Conservation Corps Of Long Beach Long Beach, CA | $9,166,980 | $11,871,279 |
We Hope East Palo Alto, CA | $4,717,112 | $7,572,079 |
San Francisco City Impact San Francisco, CA | $1,094,213 | $7,113,381 |
Fresh Lifelines For Youth Inc Milpitas, CA | $7,609,651 | $8,984,163 |
East Bay Asian Youth Center Oakland, CA | $1,698,812 | $7,118,392 |
Access Youth Academy San Diego, CA | $4,330,454 | $1,221,754 |
The Painted Turtle Santa Monica, CA | $41,527,735 | $8,643,050 |
Paradise Oaks Youth Services Citrus Heights, CA | $3,816,959 | $7,297,497 |
Youth Leadership Institute San Francisco, CA | $3,931,170 | $6,133,227 |
Reading And Beyond Fresno, CA | $7,228,751 | $5,413,699 |
King Philanthropies Inc Menlo Park, CA | $120,079,985 | $59,553,256 |
Future Leaders Of America Oxnard, CA | $2,173,035 | $2,809,963 |