Waza Alliance for Quality Education Inc

Nonprofit profile at a glance

EIN
263318369
IRS 990-EZ coverage
2019–2024
Forms available
Form 990-EZ 2024, Form 990-N 2023
Location
Indianapolis, IN, USA
Phone
9045226520
Rating
81
Verdict
STRONG
Rating confidence
Moderate
Sector
Human Service Organizations

Reported finances

Revenue
$93,900
Expenses
$67,681
Assets
$100,857
Liabilities
$7,860

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

Leadership & pay

4 people listed

Executive titles in this filing

  • FAUSTIN N'TALA (PRESIDENT)

People named in this filing

  • RICHARD HOLLOWELL (TREASURER)
  • FAUSTIN N'TALA (PRESIDENT)
  • JACK LEONARD (VICE PRESIDE)

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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Waza alliance's primary purpose is to improve the quality of life for children in sub-saharan africa, beginning with the democratic republic of congo (drc) by improving the quality of their education.

What it reported doing in 2024

Teacher training - until 2016 waza had trained about 240 teachers each year, in two locations, kinsevere (a rural area) and lubumbashi (a city). At kinsevere, we partner with mmg/kinsevere mining company, where teachers attend three workshops. These are at the kinsevere primary, kifita primary, and muobe secondary schools. In lumbumbashi, the training was conducted at the myrt school. There, at least 150 teachers, attended five days of training. During the past eight summers (2016-2023) we were not able to conduct training in lumbumbashi due to the tense policital situation surrounding the national elections at drc. However, we do continue to meet with various stakeholders to lay the groundwork for future training sessions. Vision screening - during 2016 and 2017 we were able to conduct limited version screening examinations that did not necessitate gatherings of large numbers of people. Vision screening is critical to our overall goal of rising the education level of the youth in the drc. We have a large number of correcting glasses in inventory, and expect screening and eye glass distribution to re-start when restrictions on large gatherings are lifted. Scholarships - waza alliance has renewed our committment to our 28 primary and secondary students. Several students have graduated in the last four years. We have continued to provide assistance to three college students each year to fund their university class fees. Note - the political situation in the drc, while improving, has not stabilized to the point where waza believes it is advisable to conduct teacher training in lubumbashi. We are planning to visit lubumbashi, whatever the situation, to plan and promote our educational goals with teachers, administrators, students, government ministers and other NGO's. Other program services - since fy 2015, we have contracted with mmg/kinsevere mining to supervise scholarshops, assess the program of the scholars and plan the transfer of these schools to the provincial government. In addition mmg/ kinsevere has provided funds to establish a library for the student's use. Grants and other similar amounts paid. These funds were paid directly to schools, for tuition, fees and supplies for the scholars noted above.

Operating model

Revenue model
Donor-supported. 70% of the money available for current operations came from contributions and gifts.
Distribution model
Hybrid. The nonprofit split its reported program spending across 74% for direct work, and 26% for grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Assets have declined or grown slowly and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 82
  • Transparency & Controls: 82
  • Sustainability: 63
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 71.1%; rating input score 71
  • Program expense ratio: 98.6%; rating input score 99

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 27.9%; rating input score 80; 80th percentile among comparable filings
  • Total-asset coverage ratio: 1.49; rating input score 57; 57th percentile among comparable filings
  • Liabilities to assets ratio: 0.08; rating input score 19; 19th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 7.7% per year; rating input score 100; 68th percentile among comparable filings
  • Revenue growth: 17.5% per year; rating input score 100; 89th percentile among comparable filings
  • Asset growth: -1.7% per year; rating input score 0; 32nd percentile among comparable filings

Details

  • Where the money goes: 71.1% of revenue deployed · 98.6% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $67K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 5 filing years from 2019 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: Filed and resolved organization relationships.
  • 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: Asset growth scored 0/100.
  • Review — Sustainability: Total-asset coverage ratio scored 57/100.
  • High — Sustainability: Liabilities to assets ratio scored 19/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.