Christian Leaders For Africa Inc
- Assets
- $1.8m
- Revenue
- $464.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Carmel, IN
- Founding
- 08/2002
- Data as of
- 06/2023
- EIN
- 30-0076632
Organization Overview
Christian Leaders For Africa Inc is located in Carmel, IN. The organization was established in 2002. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Christian Leaders For Africa 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 06/2023, Christian Leaders For Africa Inc generated $464.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $470.6k during the year ending 06/2023. While expenses have increased by 1.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
CHRISTIAN THEOLOGICAL TRAINING AND EDUCATION OF LOCAL LEADERS IN KENYA AND THROUGHOUT AFRICA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPLEMENT FACULTY SUPPORT FOR FULL-TIME AFRICAN PROFESSORS. ONE OF CLA'S PRIORITIES IS TO SUPPORT THE AFRICAN FACULTY AT AIU SO THAT THEIR SALARIES AND LIVING EXPENSES ARE ADEQUATELY COVERED. FUNDS RAISED BY CLA ARE APPLIED TO THEIR COMPENSATION. CLA ALSO MANAGES ENDOWMENT FUNDS FOR SOME OF THESE FACULTY MEMBERS ACCORDING TO THEIR DEPARTMENTS (BIBLICAL STUDIES, ISLAMIC STUDIES) THAT ARE RAISED AND INVESTED IN THE U.S.
THE CALVARY SCHOOL IN NAIROBI, KENYA WHICH IS A K-6 ELEMENTARY SCHOOL AND A 7-9 JUNIOR SECONDARY SCHOOL FOR DISADVANTAGED CHILDREN IN NAIROBI. ADDITIONALLY, CLA SPONSORS STUDENTS FROM GRADES 7-12 TO ATTEND SCHOOLS OUTSIDE OF KIBERA. FOR GRADES 7-9 THE STUDENTS ARE DAY STUDENTS. FOR GRADES 10-12 THE STUDENTS ARE BOARDED AT THEIR CHOSEN SCHOOL.
SCHOLARSHIPS FOR UNDERGRADUATE, PHD, AND MASTERS STUDENTS FROM NUMEROUS AFRICAN COUNTRIES. MANY AFRICA INTERNATIONAL UNIVERSITY (AIU) STUDENTS BENEFITED FROM CLA SCHOLARSHIP DONATIONS DURING THIS PAST ACADEMIC YEAR. MANY RECEIVED FULL SCHOLARSHIPS OF $3,000. THESE SCHOLARSHIPS ARE APPLIED TO TUITION AND IN SOME CASES HOUSING COSTS FOR THE STUDENTS. THE CLA EXECUTIVE DIRECTOR MONITORED THE PROGRESS OF EACH OF THESE STUDENTS, MEETING MOST OF THEM IN PERSON DURING HIS CAMPUS VISIT IN FEBRUARY, AND CONSULTED WITH THE FINANCIAL AID DIRECTOR AT AIU ABOUT THEIR FINANCIAL NEEDS. CLA ALSO SUPPORTS THE DOCTORAL STUDENTS AT AIU.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Board Chair/secretary | OfficerTrustee | 5 | $0 |
Name Not Listed Vice Chair | OfficerTrustee | 1 | $0 |
Name Not Listed Treasurer | OfficerTrustee | 1 | $0 |
Name Not Listed Director | Trustee | 1 | $0 |
Name Not Listed Director | Trustee | 1 | $0 |
Name Not Listed Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $407,153 |
| Noncash contributions included in lines 1a–1f | $7,322 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $407,153 |
| Total Program Service Revenue | $0 |
| Investment income | $56,641 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $463,981 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $373,968 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $43,560 |
| Compensation of current officers, directors, key employees. | $34,848 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $21,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $12,541 |
| Fees for services: Other | $1,593 |
| Advertising and promotion | $0 |
| Office expenses | $6,097 |
| Information technology | $1,703 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $9,319 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $470,581 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $397,982 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,427,231 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,825,213 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $285,123 |
| Net assets with donor restrictions | $1,540,090 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,825,213 |