Friends of Ikamva Labantu
Overview
Mission
To raise awareness & solicit funds in the united states of america to support charitable work in south africa including contributing to the support of ikamva labantu operations in south africa.
What it reported doing in 2024
The organization was established to support charitable work in south africa including soliciting contributions and raising funds in the united states for ikamva labantu, a non-profit organization based in south africa.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 99% of its reported program spending out as grants.
Nonprofit profile at a glance
- EIN
- 133858914
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Headquarters
- Larchmont, NY, USA
- Rating
- 85
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Single Organization Support
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing reports few safeguards for money sent abroad and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 98
- Transparency & Controls: 81
- Accountability: 94
- Sustainability: 30
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 95.8%; rating input score 96
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: 1 of 8 controls in place; rating input score 12
- Grant itemization coverage: 100%; rating input score 100; 80th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
- Public monitoring controls: Limited
- Public policy transparency: Limited
- Public financial transparency: Limited
- Impact reporting controls: Limited
- Public relationship transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 6 of 7 controls in place; rating input score 86
- Public governance controls: Limited
- Zakat policy transparency: Limited
Sustainability
- Operating margin: -12.3%; rating input score 20; 20th percentile among comparable filings
- Operating reserve ratio: 0.67; rating input score 31; 31st percentile among comparable filings
- Liabilities to assets ratio: 0.11; rating input score 25; 25th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: -6.8% per year; rating input score 0; 14th percentile among comparable filings
- Revenue growth: -2.9% per year; rating input score 0; 14th percentile among comparable filings
- Asset growth: 1.1% per year; rating input score 100; 29th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 95.8% of spending went to programs
- Governance: 5 of 5 board members independent · 6 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $145K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 16 of 17 current checks pass · 1 finding to review
- Schedules: 5 filed schedules · includes major donors and foreign activity
- Filing history: 8 annual filings from 2010 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.