Kgwale Le Mollo Us
Nonprofit profile at a glance
- EIN
- 205905619
- IRS 990-EZ coverage
- 2011–2024
- Forms available
- Form 990 2019, Form 990-EZ 2024
- Location
- Los Angeles, CA, USA
- Phone
- 6263720947
- Rating
- 97
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- International Relief
Reported finances
- Revenue
- $100,820
- Expenses
- $102,984
- Assets
- $16,560
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- SARAH OLTMANS (PRESIDENT)
People named in this filing
- SARAH OLTMANS (PRESIDENT)
- BOWEN HSU (TREASURER)
- ALLISON HOWARD BERRY (DIRECTOR)
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
To provide educational opportunities to youths in underserved rural communities in southafrica
What it reported doing in 2024
The mission of the organization is to provide educational opportunities to youths in underserved rural communities in south africa. Historically, klim us has worked with a south african foundation of similar name, the kgwale le mollo foundation, an entity formed under the companies act n. 61 of 1976 of the republic of south africa ("klm foundation"). Klm us expects to continue to work with klm foundation in identifying scholarship recipients and providing such recipient tuition and maintenance scholarships. However, klm is seeking to expand its granting and support activities to address a wider range of needs in underserved rural communities in south africa. As such, it is looking for, and expecting to partner with organizations working with students on college music development organizations, organizations working with students on college preparation, organization teaching specific job training skills or that have specific leadership development curricular.
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 95% 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. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 100
- Sustainability: 34
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
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: -2.1%; rating input score 28; 28th percentile among comparable filings
- Total-asset coverage ratio: 0.16; rating input score 16; 16th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 5.7% per year; rating input score 100; 49th percentile among comparable filings
- Revenue growth: 2.5% per year; rating input score 100; 34th percentile among comparable filings
- Asset growth: 3.8% per year; rating input score 100; 41st percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $103K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 4 filed schedules
- Filing history: 8 filing years from 2011 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 — Sustainability: Operating margin scored 28/100.
- High — Sustainability: Total-asset coverage ratio scored 16/100.