Kagera Advancement Inc
- Assets
- $99.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fort Wayne, IN
- Founding
- 09/2016
- Data as of
- 12/2021
- EIN
- 47-5558077
Organization Overview
Kagera Advancement Inc is located in Fort Wayne, IN. The organization was established in 2016. According to its NTEE Classification (Q11) the organization is classified as: Single Organization Support, 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. Kagera Advancement 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 12/2021, Kagera Advancement Inc generated $14.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (12.0%) each year. All expenses for the organization totaled $431.0 during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (47.7%) per year over the past 6 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 Program Activity:
Part 3
ADVANCING, HEALTH, AND OVERALL QUALITY OF LIFE IN KATARE, TANZANIA. PERFORM AND OVERSEE NEEDED REPAIRS OF MEDICAL CLINICS AND SCHOOLS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Akosua Lugakingira Vice-President | 1 | $0 | |
Mulokozi Lugakingira President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,538 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $14,538 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $348 |
| Other expenses | $83 |
| Total expenses | $431 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $99,916 |
| Other assets | $0 |
| Total assets | $99,916 |
| Total liabilities | $0 |
| Net assets or fund balances | $99,916 |
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