Friends of Katanga Methodist University

Nonprofit profile at a glance

EIN
471547041
IRS 990-EZ coverage
2023–2024
Forms available
Form 990-EZ 2024, Form 990-N 2022
Location
Tucker, GA, USA
Phone
4049643589
Rating
94
Verdict
STRONG
Rating confidence
Moderate
Sector
Fund Raising and/or Fund Distribution
Affiliation
Christianity

Reported finances

Revenue
$64,111
Expenses
$71,340
Assets
$10,012
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • STEEVE TSHPAU (PRESIDENT)
  • ROBERT BLOOMQUIST (VICE PRESIDENT - COMMUNICATIONS)
  • NEIL NICKELSEN (VICE PRESIDENT - MEDICAL PROGRAMS)

People named in this filing

  • JOE W KILPATRICK Sr (TREASURER)
  • STEEVE TSHPAU (PRESIDENT)
  • ROBERT BLOOMQUIST (VICE PRESIDENT - COMMUNICATIONS)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Develop Katanga Methodist University

What it reported doing in 2024

Campus Internet services via payment of fees to the internet provider and payment for purchases of internet receiving equipment

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 100% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 100
  • Sustainability: 33
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 98.9%; rating input score 99

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -11.3%; rating input score 30; 30th percentile among comparable filings
  • Total-asset coverage ratio: 0.14; rating input score 13; 13th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 3% per year; rating input score 100; 57th percentile among comparable filings
  • Revenue growth: -0.5% per year; rating input score 0; 49th percentile among comparable filings
  • Asset growth: -53.1% per year; rating input score 0; 3rd percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 98.9% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 4 filed program accomplishments · $71K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2023 to 2024
  • Contacts: How to reach this organization
  • 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.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 30/100.
  • High — Sustainability: Total-asset coverage ratio scored 13/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.