Torchbearer Foundation For Missions Reconciliation And Development
- Assets
- $48.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 3
- Location
- Dardenne Prairie, MO
- Founding
- 07/2002
- Data as of
- 12/2021
- EIN
- 47-0847030
Organization Overview
Torchbearer Foundation For Missions Reconciliation And Development, operating under the name Igniting Africa, is located in Dardenne Prairie, MO. The organization was established in 2002. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. As of 12/2021, Igniting Africa employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Igniting Africa 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 12/2021, Igniting Africa generated $75.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (17.9%) each year. All expenses for the organization totaled $86.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (11.5%) per year over the past 7 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 Mission:
Part 3 - Line 1
TO BE A VISIBLE DEMONSTRATION OF THE POWER OF THE GOSPEL OF JESUS CHRIST TO TRANSFORM AFRICA.
Describe the Organization's Program Activity:
Part 3
WE CONTRIBUTED FUNDS AND PROVIDED TECHNICAL SUPPORT TO TORCHBEARER FOUNDATION CAMEROON TO INITIATE A MICRO-CREDIT PROGRAM WITH BUSINESS WOMEN IN BAMENDA, CAMEROON. BAMENDA IS A CITY OF MORE THAN 500,000 PEOPLE, WITH AT LEAST 100,000 OF THEM IN NEED OF MICRO-CREDIT ASSISTANCE. WE EXPANDED OUR RURAL SOLAR ENERGY ELECTRIFICATION PROJECT BY BUILDING ONE MORE 10 KW SOLAR POWER STATION IN ANOTHER RURAL VILLAGE. THIS VILLAGE IS A HUB FOR SEVERAL VILLAGES WITH A COMBINED POPULATION OF APPROXIMATELY 4,000 PEOPLE. WE CONTINUED TO SUSTAIN OUR POST-HIGH SCHOOL LEADERSHIP TRAINING PROGRAM, TWO ELEMENTARY SCHOOLS IMPACTING ABOUT 4,000 PEOPLE IN THOSE TWO VILLAGES IN CAMEROON, AND OUR AGRICULTURE PROGRAM. OUR LEADERS IN CAMEROON HAVE EXPANDED THEIR REACH TO SERVE MORE THAN SEVEN VILLAGES IMPACTING A COMBINED POPULATION OF OVER 12,000.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Martin Niboh President | 40 | $52,000 | |
Barb Lanier Board Member, Treasurer | 5 | $0 | |
Dale Leppo Board Member, Vice Chair | 5 | $0 | |
Paul Anderson Board Chair | 15 | $0 | |
Gayle Goldapp Board Member, Secretary | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $53,130 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $22,534 |
| Total Revenue | $75,664 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $55,954 |
| Professional fees and other payments to independent contractors | $1,875 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $70 |
| Other expenses | $16,150 |
| Total expenses | $86,242 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $48,875 |
| Other assets | $0 |
| Total assets | $48,875 |
| Total liabilities | $254 |
| Net assets or fund balances | $48,621 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Torchbearer Foundation For Missions Reconciliation And Development has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of The Ozarks Inc Springfield, MO PURPOSE: SPECIFIC PROGRAM | $10,000 |
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