Friends Of Kakamega
- Assets
- $5.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Sherman, CT
- Founding
- 06/2007
- Data as of
- 12/2021
- EIN
- 56-2375938
Organization Overview
Friends Of Kakamega is located in Sherman, CT. The organization was established in 2007. 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. Friends Of Kakamega 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, Friends Of Kakamega generated $72.8k 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 (34.9%) each year. All expenses for the organization totaled $94.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (30.5%) 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ASSIST KENYAN STUDENTS AND THEIR FAMILIES RISE OUT OF POVERTY.
Describe the Organization's Program Activity:
Part 3
ASSIST KENYAN STUDENTS AND THEIR FAMILIES AS THEY RISE OUT OF POVERTY. WE PROVIDE MONETARY SUPPORT TO OVER 300 PRIMARY AGE, OVER 50 HIGH SCHOOL AGE AND OVER 30 COLLEGE STUDENTS AND THEIR FAMILIES, WHICH INCLUDES SCHOOL FEES, AGRICULTURAL SUPPORT AND BUSINESS TRAINING.
FRIENDS OF KAKAMEGA IS CONSOLIDATING WITH CROSSROADS SPRINGS AFRICA, INC INTO A NEW 501(C)3, FRIENDS OF KENYA RISING. FRIENDS OF KENYA RISING WAS FORMED IN 2020 AND APPLIED FOR ITS OWN 501(C)3 STATUS (WHICH WAS APPROVED ON MARCH 29, 2021). AS FRIENDS OF KENYA RISING OPENED ITS OWN BANK ACCOUNT FRIENDS OF KAKAMEGA MADE ITS FIRST TRANSFER OF ASSETS TO THIS NEW ORGANIZATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Leah Bennett President | 4 | $0 | |
Carra Ncfadden Vice President | 10 | $0 | |
John Mcfadden Treasurer | 10 | $0 | |
Rachel Williamson Secretary | 1 | $0 | |
Mary Scalzi Board Member | 1 | $0 | |
Linda Bennett Board Member | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $57,411 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $15,363 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $72,774 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $18,046 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $246 |
| Other expenses | $487 |
| Total expenses | $94,606 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $5,028 |
| Other assets | $0 |
| Total assets | $5,028 |
| Total liabilities | $0 |
| Net assets or fund balances | $5,028 |