Musanze Inc
- Assets
- $14.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Roland, AR
- Founding
- 08/2011
- Data as of
- 12/2017
- EIN
- 27-2871818
Organization Overview
Musanze Inc is located in Roland, AR. The organization was established in 2011. According to its NTEE Classification (Q32) the organization is classified as: International Economic Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Musanze 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 12/2017, Musanze Inc generated $24.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (9.0%) each year. All expenses for the organization totaled $18.7k during the year ending 12/2017. As we would expect to see with falling revenues, expenses have declined by (40.1%) per year over the past 3 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
2017
Describe the Organization's Program Activity:
Part 3
DURING 2012 AND 2013 THE ORGANIZATION CONCENTRATED ITS EFFORTS BUILDING AND STAFFING THE MUSANZE OPPORTUNITY CENTER (MOC) IN RWANDA, AFRICA. THE FACILITY REQUIRED SUBSTANTIAL IMPROVEMENTS TO THE INFRASTRUCTURE TO PROVIDE A SAFE ENVIRONMENT IN WHICH IT'S MISSION CAN BE CARRIED OUT. AT THE MOC LOCALS WILL BE TAUGHT ENGLISH, HOSPITALITY SKILLS AND CONSTRUCTION METHODS PROVIDING THEM WITH THE SKILLS NEEDED TO IMPROVE THEIR LIVES AND THEIR COMMUNITIES. DURING 2014, 2015, AND 2016 THE ORGANIZATION CONTINUED ITS MISSION IN THE UNITED STATES BY SPONSORING THE US BASED EDUCATION OF RWANDAN YOUNG MEN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Russell Rainey Director/pre | 0 | $0 | |
Doug Greenwood Director/sec | 0 | $0 | |
Paul Chapman Director/tre | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $29,375 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | -$24,903 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $19,989 |
| Total Revenue | $24,461 |
| 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 | $2,583 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $14,914 |
| Total expenses | $18,697 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $13,030 |
| Other assets | $0 |
| Total assets | $14,136 |
| Total liabilities | $0 |
| Net assets or fund balances | $14,136 |
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