Lobiko Initiative
- Assets
- $87.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Murrieta, CA
- Founding
- Data as of
- 12/2022
- EIN
- 85-2563277
Organization Overview
Lobiko Initiative is located in Murrieta, CA. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lobiko Initiative 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, Lobiko Initiative generated $185.2k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 15.1% each year . All expenses for the organization totaled $146.2k during the year ending 12/2022. While expenses have increased by 24.6% per year over the past 2 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
THROUGH OUR PARTNERSHIP WITH THE SANGUMA FOUNDATION IN THE CONGO, WE DIRECTLY IMPACTED THE LIVES OF OVER 2,000 PEOPLE IN THE GEMENA REGION OF THE CONGO IN 2022. BELOW ARE A FEW EXAMPLES OF THE IMPACT YOUR CONTRIBUTION MADE.94 CHILDREN WHO ARE ORPHANED OR ABANDONED WERE PROVIDED WITH A SAFE HOME, LOVING CARE, AND EDUCATION THROUGH THE SABULIS CHILDREN CENTER.THE JUDY MEDICAL CLINIC PROVIDED COMPREHENSIVE MEDICAL CARE TO OVER 2,000 COMMUNITY MEMBERS THROUGH THE JUDY MEDICAL CENTER.250 STUDENTS WERE PROVIDED WITH A HIGH-QUALITY EDUCATION THROUGH THE UBANGI PROTESTANT UNIVERSITY.THE GEMENA COMMUNITY CENTER OPENED TWO VOCATIONAL TRAINING PROGRAMS (SEWING, BAKERY, ENGLISH, AND IT), SUPPORTING OVER 96 COMMUNITY MEMBERS THROUGH EMPLOYMENT OR TRAINING.THE SABULI GROWING GARDEN PROVIDED 18 PEOPLE WITH YEAR-ROUND EMPLOYMENT AND SEASONAL EMPLOYMENT FOR AN ADDITIONAL 50 PEOPLE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daryl Cook Treasurer | 4 | $0 | |
Karen Coker Wiehoff Vice-Chair | 4 | $0 | |
Wilita Sanguma Executive Dir. | 20 | $0 | |
Kathryn Badalich Secretary | 4 | $0 | |
Umar Issa Member | 2 | $0 | |
Shaya Kara Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $185,211 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $36 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $185,247 |
| 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 | $850 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $145,354 |
| Total expenses | $146,204 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $87,430 |
| Other assets | $0 |
| Total assets | $87,430 |
| Total liabilities | $0 |
| Net assets or fund balances | $87,430 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Lobiko Initiative has recieved totaling $1,022.
| Awarding Organization | Amount |
|---|---|
Leslie Family Foundation Portola Valley, CA PURPOSE: GENERAL SUPPORT | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $22 |
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