Maraba African Life Foundation Inc
Nonprofit profile at a glance
- EIN
- 272578586
- IRS 990-EZ coverage
- 2022–2023
- Forms available
- Form 990-EZ 2023
- Location
- EL Monte, CA, USA
- Rating
- 93
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- International, Foreign Affairs, and National Security N.E.C.
Reported finances
- Revenue
- $42,113
- Expenses
- $39,516
- Assets
- $5,683
- Liabilities
- $1,297
Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- Bakari Bunga (President)
People named in this filing
- Bakari Bunga (President)
- ARTHUR BARELA JR (Treasurer)
- EVA DE LA ROSA (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 2023. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Teaching business and management skills special emphasis is placed on planning budgeting and record keeping with a focus on how to make a profit by learning practical sewing skills which are used to create a business. Also the importance of literacy. Character development for personal and interpersonal relationships. Also learning the importance of networking for business development. In addition providing human resources relief services.
What it reported doing in 2023
Stitch of Hope Training and Spark of Hope Training - Includes training in sewing machine skills for home business creation. Also other basic life skills and education.
Operating model
- Revenue model
- Donor-supported. 100% 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 93
- Transparency & Controls: 100
- Sustainability: 39
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 91.3%; rating input score 91
- Program expense ratio: 97.3%; rating input score 97
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 6.2%; rating input score 57; 57th percentile among comparable filings
- Total-asset coverage ratio: 0.14; rating input score 13; 13th percentile among comparable filings
- Liabilities to assets ratio: 0.23; rating input score 14; 14th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 40.3% per year; rating input score 100; 90th percentile among comparable filings
- Revenue growth: 29.6% per year; rating input score 100; 92nd percentile among comparable filings
- Asset growth: 104.2% per year; rating input score 100; 98th percentile among comparable filings
Details
- Where the money goes: 91.3% of revenue deployed · 97.3% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 4 filed program accomplishments · $38K in reported program spending
- Leadership: top reported pay $0 · 11 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 2 filing years from 2022 to 2023
- 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: Total-asset coverage ratio scored 13/100.
- Review — Sustainability: Operating margin scored 57/100.
- High — Sustainability: Liabilities to assets ratio scored 14/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.