Kirabo Seeds
- Assets
- $139.0k
- Revenue
- $69.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Hillsborough, NC
- Founding
- 12/2011
- Data as of
- 12/2022
- EIN
- 45-0888593
Organization Overview
Kirabo Seeds is located in Hillsborough, NC. The organization was established in 2011. According to its NTEE Classification (Q33) the organization is classified as: International Relief, 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. Kirabo Seeds 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 12/2022, Kirabo Seeds generated $69.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (21.4%) each year. All expenses for the organization totaled $79.0k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (19.8%) per year over the past 8 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDING CARE TO ORPHANS AND WIDOWS IN UGANDA BY PURCHASING FOOD, SUPPLIES, MEDICAL CARE AND PROVIDING ADDITIONAL MINISTRY SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
KIRABO SEEDS 2022 YEAR IN REVIEW2022 WAS ANOTHER EXCITING YEAR FOR KIRABO SEEDS [KS] MINISTRY. AS OUR CHILDREN CONTINUE TO GROW OLDER FOR ANOTHER YEAR, WE ARE GRATEFUL TO OUR STAFF OF 6 AND THEIR POSITIVE IMPACT IN THIS MINISTRY. WE ARE THANKFUL FOR STAFF STABILITY AND THEIR COMMITMENT TO THIS MINISTRY. AFTER SOME CONTINUED COVID CHALLENGES IN UGANDA IN 2022, WE RETURNED TO A SOMEWHAT NORMAL PROCESS LATER IN THE YEAR WITH ALL BUT 3 OF OUR CHILDREN NOW ATTENDING BOARDING SCHOOL. THROUGHOUT OUR KS HISTORY WE ARE GRATEFUL TO GOD FOR HIS PROVISION IN OUR MINISTRY. WE CONTINUE TO LOVE AND CARE FOR THESE SPECIAL CHILDREN AND RAISE THEM IN A GODLY, NURTURING, AND SAFE HOME.SOME ACCOMPLISHMENTS AND KEY ACTIVITIES DURING THE YEAR:- THROUGHOUT THE YEAR ON A BI-MONTHLY BASIS, JIM AND ERICA CONTINUED TO HOLD BI-WEEKLY CONFERENCE CALLS WITH KS UGANDAN LEADERSHIP- JOINED BY OUR EDUCATOR ADVISOR STEPHANIE, WE HELD ABOUT QUARTERLY EDUCATION MEETINGS COLLABORATING ON ACADEMIC, SCHOOL, AND LEARNING CHALLENGES AND OFFERING RECOMMENDATIONS TO THE STAFF TO IMPROVE PERFORMANCE- COMPLETED MAJOR BUILDING AND HOME MAINTENANCE UPGRADES IN 2022.- RESETTLED TWO STUDENTS IN 2022- ONE NEWSLETTERS PUBLISHED IN 2022- MAINTAINED REGULAR CONVERSATIONS AND COLLABORATION ABOUT NEW CHALLENGES WITH RAISING TEENAGE CHILDREN- CHILDREN COMPLETED QUARTERLY LETTERS TO DONORS - FINANCIAL SUPPORT CONTINUED TO MEET THE EXPENSE NEEDS OF THE MINISTRY- HELD TWO BOARD MEETINGS DURING THE YEAR- CONTINUED DISCUSSIONS ABOUT KS FUTURE MINISTRY PLANS AND GOALS- STABLE STAFF, NO TURNOVER, GOOD COMMUNICATIONS BETWEEN US AND UGANDA TEAM
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jim King President/director | OfficerTrustee | 30 | $0 |
Erica Weaver Vice-President/treasurer/d | OfficerTrustee | 15 | $0 |
Vicki King Director | Trustee | 1 | $0 |
Tonya Latorre Director | Trustee | 10 | $0 |
Craig M Latorre Director | Trustee | 3 | $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 | $69,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $69,000 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $69,000 |
| 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 | $78,440 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| 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 | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $540 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $78,980 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $138,446 |
| Savings and temporary cash investments | $591 |
| 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 | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $139,037 |
| 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 | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $139,037 |
| Total liabilities and net assets/fund balances | $139,037 |