Zimele USA a Nj Nonprofit Corporation

What it reported doing in 2024

To achieve our mission, our approach involves an intensive process that secures a safe environment for healthy growth enabling women to rise above poverty. We provide funding for training workshops in business skills such as product design, marketing, bookkeeping and basic financial management. By building these entrepreneurial skills, communities will be able to sustain independent businesses. More importantly, the programs that we fund raise up women leaders who make key decisions for their communities advocating within local governing bodies. Change and social reforms such as access to health care, better education and employment opportunities positively affect the lives of their communities. Our main focus is to empower and build up women to become self-reliant through self-help groups, cluster level associations and federations. By working in community with other women, they also receive vital support in improving their lives. To achieve these goals, zimele USA fundraised through various activities including: 1) in february, zimele USA held a bake sale called baked with love. Local area bakers donated baked goods which were pre-ordered and proceeds were donated to zimele USA. This was also an opportunity for zimele USA to share about the south african women who have started their own baking businesses. 2) in august, zimele USA organized a 400 mile bike ride called "ride for zimele" in which a team of 8 cyclists rode their bikes from New Jersey to montreal, canada over 5 days to fundraise for zimele programs.

Financial Efficiency

• Mission deployment rate: 78.3%; rating input score 78
• Program expense ratio: 77.1%; rating input score 77
• Fundraising efficiency: $7.58 raised per $1 spent on fundraising; rating input score 32; 32nd percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
• Pay-setting controls: Limited
• Foreign activity oversight: 1 of 8 controls in place; rating input score 12
  • Claims monitoring procedures: Pass
  • Requires narrative reports: Limited
  • Conducts field audits: Limited
  • May suspend future funding: Limited
  • Requires financial reports: Limited
  • Conducts site visits: Limited
  • Requires grant agreements: Limited
  • May require repayment: Limited
• 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; 63rd percentile among comparable filings
• Governance controls: 4 of 8 controls in place; rating input score 50
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Fail
  • Document-retention policy: Fail
  • CEO compensation review process: Pass
  • Other executive compensation review process: NotApplicable
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Fail
  • Independent financial-statement audit: Fail

Sustainability

• Operating margin: -1.6%; rating input score 35; 35th percentile among comparable filings
• Total-asset coverage ratio: 0.09; rating input score 6; 6th percentile among comparable filings
• Liabilities to assets ratio: 0.2; rating input score 20; 20th percentile among comparable filings
• Officer compensation ratio: 17.4%; rating input score 22; 22nd percentile among comparable filings

Growth

• Program expense growth: 4% per year; rating input score 100; 49th percentile among comparable filings
• Revenue growth: 3% per year; rating input score 100; 41st percentile among comparable filings
• Asset growth: -0.7% per year; rating input score 0; 22nd percentile among comparable filings