Kibo Group International Incorporated
- Assets
- $1.1m
- Revenue
- $623.0k
- Investments
- $76.4k
- Employees
- 3
- Location
- Broken Arrow, OK
- Founding
- 05/2004
- Data as of
- 06/2022
- EIN
- 74-3097948
Organization Overview
Kibo Group International Incorporated, operating under the name 501(c)(3), is located in Broken Arrow, OK. The organization was established in 2004. 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. As of 06/2022, 501(c)(3) employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 501(c)(3) 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 06/2022, 501(c)(3) generated $623.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $588.3k during the year ending 06/2022. While expenses have increased by 1.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
KIBO GROUP EXISTS TO EMPOWER COMMUNITIES IN SUB-SAHARAN AFRICA TO DEVELOP APPROPRIATE AND SUSTAINABLE DEVELOPMENT PROJECTS AND UNIFIED COMMUNITY MANAGEMENT INITIATIVES.
Describe the Organization's Program Activity:
OUR WASH STAFF CULTIVATES DIALOGUE WITH COMMUNITIES ABOUT SANITATION AND HYGIENE AND HELPS THEM GAIN ACCESS TO CLEAN WATER. WASH PARTNERS WITH COMMUNITIES, EMPOWERS LOCAL LEADERS, AND BUILDS RELATIONSHIPS WITH AND WITHIN COMMUNITIES TO HELP THEM SUSTAINABLY LIFT THEMSELVES OUT OF UNHEALTHY LIVING CONDITIONS.
OTHER PROGRAM SERVICES
OUR HEALTHY AND SAFE KITCHENS STAFF TEACHES VILLAGES HOW TO BUILD FUEL-EFFICIENT AND SANITARY KITCHENS IN ORDER TO HELP COMMUNITIES LIFT THEMSELVES OUT OF UNSAFE LIVING CONDITIONS. KIBO KITCHENS PROTECT FAMILIES, ESPECIALLY WOMEN AND CHILDREN, FROM SMOKE INHALATION, BURNS AND OTHER DANGERS CAUSED BY OPEN FLAMES. WE TEACH COMMUNITIES TO BUILD STOVES THAT USE LESS FIREWOOD, PRODUCE LESS SMOKE, AND ARE MADE FROM FREELY ACCESSIBLE MATERIALS.
OUR MVULE COMMUNITY SUSTAINABLE DEVELOPMENT STAFF UNITES COMMUNITIES AND GUIDES THEM THROUGH THE PROCESS OF ACHIEVING LONG-TERM ECONOMIC FLOURISH. BY FORMING A LEGAL COMMITTEE TO OVERSEE THE COMMUNITIES' FUNDS, OUR STAFF HELPS VILLAGES CREATE AND BUILD A SAVINGS ACCOUNT,PREPARE FOR EMERGENCIES, AND SUPPORT LOCAL BUSINESSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Clint Davis Vice President | OfficerTrustee | 2 | $0 |
Mark Moore Director | Trustee | 1 | $0 |
Doug Townsdin Treasurer End: 11/21 | OfficerTrustee | 2 | $0 |
Greg Taylor Director | Trustee | 1 | $0 |
John Barton President | OfficerTrustee | 2 | $0 |
Leon Blue Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $16,220 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $540,823 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $557,043 |
| Total Program Service Revenue | $34,892 |
| Investment income | $450 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $5,400 |
| Net Gain/Loss on Asset Sales | $3,783 |
| Net Income from Fundraising Events | $1,429 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $623,042 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $237,620 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $27,834 |
| Payroll taxes | $41,751 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,309 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $16,622 |
| Office expenses | $31,867 |
| Information technology | $14,012 |
| Royalties | $0 |
| Occupancy | $32,958 |
| Travel | $21,472 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $15,971 |
| Insurance | $6,217 |
| All other expenses | $135,693 |
| Total functional expenses | $588,326 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $364,668 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,935 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $10,491 |
| Inventories for sale or use | $22,209 |
| Prepaid expenses and deferred charges | $537 |
| Net Land, buildings, and equipment | $196,702 |
| Investments—publicly traded securities | $455,920 |
| Investments—other securities | $76,350 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,128,812 |
| Accounts payable and accrued expenses | $19,400 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $19,400 |
| Net assets without donor restrictions | $1,075,563 |
| Net assets with donor restrictions | $33,849 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,128,812 |