Malembe Rise Inc
- Assets
- $150.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bloomington, IN
- Founding
- 08/2004
- Data as of
- 12/2022
- EIN
- 74-3106179
Organization Overview
Malembe Rise Inc is located in Bloomington, IN. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Malembe Rise 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 12/2022, Malembe Rise Inc generated $185.9k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $174.3k during the year ending 12/2022. While expenses have increased by 3.7% per year over the past 6 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PROVIDED EDUCATION IN DR CONGO.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Danielle Buresh Board Member | 2 | $0 | |
Brad Long Chairman | 2 | $0 | |
Lauren Miller Mpa Secretary | 2 | $0 | |
Sarah Castor Executive Dir. | 40 | $67,200 | |
Joel Mcmillan Cdr Ra Board Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $185,318 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $5 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $574 |
| Other Revenue | $0 |
| Total Revenue | $185,897 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $112,698 |
| Professional fees and other payments to independent contractors | $3,833 |
| Occupancy, rent, utilities, and maintenance | $1,930 |
| Printing, publications, postage, and shipping | $1,056 |
| Other expenses | $54,802 |
| Total expenses | $174,319 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $150,338 |
| Other assets | $0 |
| Total assets | $150,414 |
| Total liabilities | $1,776 |
| Net assets or fund balances | $148,638 |