Funzeleo Inc
- Assets
- $138.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Oxford, OH
- Founding
- 10/2013
- Data as of
- 12/2022
- EIN
- 46-1086714
Organization Overview
Funzeleo Inc is located in Oxford, OH. The organization was established in 2013. According to its NTEE Classification (Q30) the organization is classified as: International 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. Funzeleo 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 12/2022, Funzeleo Inc generated $23.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (28.3%) each year. All expenses for the organization totaled $26.1k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (22.7%) per year over the past 4 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
2022
Describe the Organization's Program Activity:
Part 3
DURING 2022, FUNZELEO WAS ABLE TO RETURN TO NORMAL OPERATIONS. DURING THE YEAR, WE GRADUATED 25 ZAMBIAN TEACHERS, WHO COMPLETED STEM TRAINING IN 2021. WE ALSO COMPLETED A PLAN TO EXPAND THE FUNZELEO PROGRAM TO DAR ES SALAAM, TANZANIA. WE HIRED STAFF, RECRUITED LOCAL TRAINERS, IDENTIFIED FUNDING SOURCES, BUILT PARTNERSHIPS WITH LOCAL NGOS, AND INTRODUCED FUNZELEO TO THE LOCAL NGO AND EDUCATION COMMUNITIES. WE IDENTIFIED 15 SCHOOLS FROM WHICH WE WOULD RECRUIT 30 SCIENCE AND MATH TEACHERS TO TRAIN. WE HOPE TO IMPLEMENT TEACHER TRAINING IN DAR ES SALAAM IN 2023.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lamech Mbise President | 21 | $0 | |
Scot Anderson Board Chair | 1 | $0 | |
Catherine Boggs Vice Chair | 1 | $0 | |
Dr Kaleb Abbott Board Member | 1 | $0 | |
Erin Bieker Board Member | 1 | $0 | |
Jennifer Hellier Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $23,720 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $7 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $23,727 |
| 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 | $23,000 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $3,129 |
| Total expenses | $26,129 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $138,391 |
| Other assets | $0 |
| Total assets | $138,391 |
| Total liabilities | $0 |
| Net assets or fund balances | $138,391 |