The Fund for African Relief and Education

Nonprofit profile at a glance

EIN
521935694
IRS 990-EZ coverage
2023–2023
Forms available
Form 990 2021, Form 990-EZ 2023
Location
Washington, DC, USA
Phone
8286990558
Rating
83
Verdict
STRONG
Rating confidence
Moderate
Sector
International Migration, Refugee Issues

Reported finances

Revenue
$61,131
Expenses
$67,829
Assets
$0
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • Sahr Mbayo (President)
  • Keith Dennis Baker (Vice-President)

People named in this filing

  • Sahr Mbayo (President)
  • Keith Dennis Baker (Vice-President)
  • Felipe Tejeda (Secretary)

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

Provides Africans in need with grants and loans for medical assistance, emergency relief and resettlement; provides training grants and loans for education purposes; assists in securing shelter and clean drinking water for vulnerable populations. We are closing in this TY after 25 years.

What it reported doing in 2023

TRAINING AND SPECIAL PROJECTS: Provide grants for skills training in computer applications, accounting an d work force development, and selected areas and provide support for special projects not included above, such as providing well rehabilitation for clean drinking water.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filed totals do not add up and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 90
  • Transparency & Controls: 93
  • Sustainability: 22
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 93.8%; rating input score 94
  • Program expense ratio: 84.5%; rating input score 84

Transparency & Controls

  • Consistency checks: 90.9%; rating input score 91; 2nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -11%; rating input score 31; 31st percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -17.3% per year; rating input score 0; 17th percentile among comparable filings
  • Asset growth: -47.3% per year; rating input score 0; 4th percentile among comparable filings

Details

  • Where the money goes: 93.8% of revenue deployed · 84.5% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $57K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 8 of 9 current checks pass · 1 finding to review
  • Schedules: 4 filed schedules
  • 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.

  • Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 31/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 2/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.