Leadership Education Mission For Africa - Lema Institute
- Assets
- $63.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Otsego, MI
- Founding
- 10/2015
- Data as of
- 12/2022
- EIN
- 47-4763283
Organization Overview
Leadership Education Mission For Africa - Lema Institute is located in Otsego, MI. The organization was established in 2015. According to its NTEE Classification (B60) the organization is classified as: Adult Education, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Leadership Education Mission For Africa - Lema Institute 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, Leadership Education Mission For Africa - Lema Institute generated $145.3k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 12.5% each year . All expenses for the organization totaled $230.7k during the year ending 12/2022. 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
LEMA CONTINUES TO RAISE SUPPORT TO KEEP THE COST LOW FOR THEIR ON-LINE AND ON-SITE CERTIFICATION AND DEGREE LEVEL CLASSES TO EQUIP CHRISTIAN LEADERS. (SEE SCH O)
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joshua Amaezechi President | 10 | $33,177 | |
Raymond Wright Director | 2 | $0 | |
Clarence Atkins Director | 2 | $0 | |
Dan Bussema Director | 2 | $0 | |
Trent Martin Board Chair | 2 | $0 | |
Mark Lovdahl Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $145,294 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $14 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $145,308 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $66,737 |
| Professional fees and other payments to independent contractors | $2,250 |
| Occupancy, rent, utilities, and maintenance | $2,900 |
| Printing, publications, postage, and shipping | $3,815 |
| Other expenses | $42,600 |
| Total expenses | $230,684 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $63,252 |
| Other assets | $0 |
| Total assets | $63,252 |
| Total liabilities | $3,091 |
| Net assets or fund balances | $60,161 |
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