Kirabo Seeds

Nonprofit profile at a glance

EIN
450888593
IRS 990 coverage
2012–2024
Forms available
Form 990 2024, Form 990-N 2011
Location
Hillsborough, NC, USA
Phone
2816059158
Rating
77
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
International Relief

Reported finances

Revenue
$90,650
Expenses
$93,760
Assets
$110,291
Liabilities
$0

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

Leadership & pay

5 people listed

Executive titles in this filing

  • JIM KING (PRESIDENT)
  • ERICA WEAVER (VICE-PRESIDENT/TREASURER)

People named in this filing

  • TONYA LATORRE (DIRECTOR)
  • CRAIG M LATORRE (DIRECTOR)
  • VICKI KING (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. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Providing care to orphans and widows in uganda by purchasing food, supplies, medical care and providing additional ministry services.

What it reported doing in 2024

Kirabo seeds 2024 year in reviewduring 2024, kirabo seeds ministry continued to love, disciple, and care for god's orphaned children. While most of our children are now teenagers, we are grateful to our 6 caring staff who continue to love and care for these growing adolescents. Moreover, we are thankful that our staff continues to remain faithful and loyal to this ministry. Our consistent mission is to raise these kids under our care with the goal to have them following christ, be independent adults, and serve and impact the uganda community. All but three children now attend boarding school. Three are also preparing to apply and attend university or trade school. Throughout our ks history, we are grateful to god for his provision in our ministry. Aging children create new opportunities and new learnings for us all. Some accomplishments and key activities during the year:- throughout the year on a bi-monthly basis, jim and erica continued to hold bi-weekly conference calls with ks ugandan leadership- joined by our educator advisor stephanie, we held our quarterly education meetings collaborating on academic, school, and learning challenges and offering recommendations to the staff to improve performance- us team visited uganda in may- working through government request to resettle children with family members and guardians.- resettled one student in 2024- maintained regular conversations and collaboration about new challenges with raising teenage children- children completed quarterly letters to donors - evaluated and researched university opportunities for graduating students- financial support continued to meet the expense needs of the ministry- held three board meetings during the year- continued discussions about ks future ministry plans and goals and partnership opportunities - stable staff, no turnover, good communications between us and uganda team

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 90% of its reported program spending out as grants.

The verdict

SUPPORTED - 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 some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 89
  • Transparency & Controls: 79
  • Accountability: 76
  • Sustainability: 47
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 99.7%; rating input score 100
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: 0 of 8 controls in place; rating input score 0
    • Claims monitoring procedures: Fail
    • Requires narrative reports: Fail
    • Conducts field audits: Fail
    • May suspend future funding: Fail
    • Requires financial reports: Fail
    • Conducts site visits: Fail
    • Requires grant agreements: Fail
    • May require repayment: Fail
  • 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

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 3 of 7 controls in place; rating input score 43
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • 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: -3.4%; rating input score 51; 51st percentile among comparable filings
  • Total-asset coverage ratio: 1.18; rating input score 26; 26th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 60; 60th percentile among comparable filings

Growth

  • Program expense growth: -10.9% per year; rating input score 0; 27th percentile among comparable filings
  • Revenue growth: -12.2% per year; rating input score 0; 28th percentile among comparable filings
  • Asset growth: -2.7% per year; rating input score 0; 28th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 99.7% of spending went to programs
  • Governance: 5 of 5 board members independent · 3 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $93K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 16 of 16 current checks pass
  • Schedules: 6 filed schedules · includes major donors and foreign activity
  • Filing history: 12 filing years from 2012 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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: 8 of 8 not reported.
  • Moderate — Accountability: Governance controls: 3 of 6 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Sustainability: Operating margin scored 51/100.
  • High — Sustainability: Total-asset coverage ratio scored 26/100.
  • High — Growth: Asset growth scored 0/100.