Kibo Group International Incorporated
Nonprofit profile at a glance
- EIN
- 743097948
- IRS 990 coverage
- 2012–2024
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- Broken Arrow, OK, USA
- Phone
- 9182321727
- Rating
- 74
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- International Development
Reported finances
- Revenue
- $702,566
- Expenses
- $744,328
- Assets
- $1,257,532
- Liabilities
- $28,699
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
15 people listed
Executive titles in this filing
- Clint Davis (Vice President)
- Danny Cagnet (President)
- Mary-Margaret Watson (Executive Director)
Highest reported compensation
- Mary-Margaret Watson (Executive Director): $57,500 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Kibo group exists to empower communities in sub-saharan africa to develop appropriate and sustainable development projects and unified community management initiatives. Kibo group develops projects through partnerships between westerners and sub saharan africans.
What it reported doing in 2024
The experience africa program provides an experiential learning environment in multiple sectors of east african development: healthcare, gender equality, theology, and social entrepreneurship. The program had individuals from harding university, pepperdine university, rochester college (mi), Oklahoma christian university, as well as various donors. The life skills education and counseling staff empowers students and their parents to better handle life's challenges. Life skills offers a comprehensive behavior change approach that develops the character of individuals and communities through education. More than providing information, our life skills staff develops critical thinking skills so that individuals can make informed decision in any situation. The source resource center and source cafe provides conference space, a wide selection of food, a coffee shop, a tourist information desk, a library, computer training, and souvenir shopping. It does all of this while housing several non-profit organizations, a ministry training school, a church, and an HIV/AIDS counseling office. Our community health and education staff educates women and men about their physical and spiritual health in order to empower communities to deal with personal, familial, and communial challenges in positive and unifying ways. Our empowerment staff instills in women a sense of their own value and encourages men to see women as blessing and partners, not as curses and possessions. Our team also develops love, unity and respect.
Operating model
- Revenue model
- Donor-supported. 92% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and most voting board members are independent. The filing reports few safeguards for money sent abroad and the filing does not identify recipients for some grant dollars.
Rating breakdown
- Financial Efficiency: 81
- Transparency & Controls: 55
- Accountability: 90
- Sustainability: 40
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 87.6%; rating input score 88
- Program expense ratio: 82.7%; rating input score 83
- Fundraising efficiency: $9.99 raised per $1 spent on fundraising; rating input score 38; 38th percentile among comparable filings
Transparency & Controls
- Consistency checks: 93.3%; rating input score 93; 22nd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Scored; rating input score 0
- Grant itemization coverage: Scored; rating input score 0
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 6 of 8 controls in place; rating input score 75
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -5.9%; rating input score 22; 22nd percentile among comparable filings
- Total-asset coverage ratio: 1.69; rating input score 59; 59th percentile among comparable filings
- Liabilities to assets ratio: 0.02; rating input score 61; 61st percentile among comparable filings
- Officer compensation ratio: 7.7%; rating input score 44; 44th percentile among comparable filings
Growth
- Program expense growth: 3.6% per year; rating input score 100; 35th percentile among comparable filings
- Revenue growth: 1.6% per year; rating input score 100; 22nd percentile among comparable filings
- Asset growth: 15.9% per year; rating input score 100; 74th percentile among comparable filings
Details
- Where the money goes: 87.6% of revenue deployed · 82.7% of spending went to programs
- Governance: 14 of 14 board members independent · 6 of 8 filing controls reported
- Programs: 4 filed program accomplishments · $615K in reported program spending
- Leadership: top reported pay $58K · 15 people listed
- Consistency: 30 of 31 current checks pass · 1 finding to review
- Schedules: 7 filed schedules · includes major donors and foreign activity
- Filing history: 13 filing years from 2012 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 1 filed related-organization link
- 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 — Transparency & Controls: Foreign activity oversight scored 0/100.
- High — Transparency & Controls: Grant itemization coverage scored 0/100.
- Moderate — Financial Efficiency: Fundraising efficiency scored 38/100.
- High — Sustainability: Operating margin scored 22/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- Review — Sustainability: Total-asset coverage ratio scored 59/100.
- Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.
- Moderate — Sustainability: Officer compensation ratio scored 44/100.