The Chisomo Idea Inc

Nonprofit profile at a glance

EIN
264125139
IRS 990-EZ coverage
2013–2020
Forms available
Form 990-EZ 2020, Form 990-N 2010
Location
San Diego, CA, USA
Phone
9254086311
Rating
85
Verdict
STRONG
Rating confidence
Moderate
Sector
International Relief

Official website

Reported finances

Revenue
$55,194
Expenses
$57,349
Assets
$20,630
Liabilities
$302

Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • NOEL MUSICHA (PRESIDENT)

People named in this filing

  • NOEL MUSICHA (PRESIDENT)
  • MELISSA MUSICHA (SECRETARY)
  • DEREK HESS (TREASURER)

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 2020. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

We are a group of ordinary friends from around the world devoted to carrying one anothers burdens and using our gifts, talents, and resources to make a sustainable difference in impoverished african communities.

What it reported doing in 2020

We have three distinct projects of focus; all of which uniquely communicate the idea of chisomo (grace).children centers: we have after-school learning centers for children who live in the villages. Objectives: general education, health and hygiene education, sports and recreation, and spiritual development [discipleship]. Theater of dreams: we run sports clinics in strategic locations around lilongwe, malawi, with the goal of opening a sports academy. Objectives: sport-specific skill development, community development, general education, and spiritual development [discipleship]. Leadership development: we run age and gender-specific seminars and conferences for youth. Objectives: practical leadership training, community development, general education, and spiritual development [discipleship].

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. Program spending has declined or grown slowly and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 82
  • Sustainability: 35
  • Growth: 0

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; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -3.9%; rating input score 41; 41st percentile among comparable filings
  • Total-asset coverage ratio: 0.36; rating input score 17; 17th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 35; 35th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -0% per year; rating input score 0; 62nd percentile among comparable filings
  • Revenue growth: -4.5% per year; rating input score 0; 49th percentile among comparable filings
  • Asset growth: -7.8% per year; rating input score 0; 19th 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 · $57K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 8 filing years from 2013 to 2020
  • 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: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 41/100.
  • High — Sustainability: Total-asset coverage ratio scored 17/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 35/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.