Civic Intelligence

Kafakumba Development Projects Fund Inc

EIN 20-4235666 • 501(c)3 • Kokomo, IN

Pub. 78 Eligible990-N Coverage

Profile

To provide pastoral training and related programming to clergy. To provide access to low cost farming and resources for low income families and education for methods of becoming self-supportive in an impoverished economic area.

3243 N 500 EKokomo, IN 46901

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

19th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

20th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

95th percentile

76%

Higher net margin than 95% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

74th percentile

15%

Faster asset growth than 74% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

12th percentile

-27%

Faster revenue growth than 12% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$1,222,793

Up $163,875 (+15%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$1,222,793

Up $163,875 (+15%) from 2023

Revenue

Down

$148,024

Down $53,941 (-27%) from 2023

Expenses

Down

$34,969

Down $26,988 (-44%) from 2023

Net Income

Down

$113,055

Down $26,953 (-19%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0Assets 2014: $476,552Liabilities 2014: $0Net Assets 2014: $476,5522014Assets 2015: $526,945Liabilities 2015: $0Net Assets 2015: $526,9452015Assets 2016: $545,469Liabilities 2016: $0Net Assets 2016: $545,4692016Assets 2017: $627,208Liabilities 2017: $0Net Assets 2017: $627,2082017Assets 2018: $649,145Liabilities 2018: $0Net Assets 2018: $649,1452018Assets 2019: $736,545Liabilities 2019: $0Net Assets 2019: $736,5452019Assets 2020: $781,346Liabilities 2020: $0Net Assets 2020: $781,3462020Assets 2021: $872,711Liabilities 2021: $0Net Assets 2021: $872,7112021Assets 2022: $854,506Liabilities 2022: $0Net Assets 2022: $854,5062022Assets 2023: $1,058,918Liabilities 2023: $0Net Assets 2023: $1,058,9182023Assets 2024: $1,222,793Liabilities 2024: $0Net Assets 2024: $1,222,7932024

Highlighted filing

2024

Assets$1,222,793
Liabilities$0
Net Assets$1,222,793

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0Revenue 2014: $506,974Expenses 2014: $35,842Net Income 2014: $471,1322014Revenue 2015: $87,298Expenses 2015: $36,905Net Income 2015: $50,3932015Revenue 2016: $55,961Expenses 2016: $37,437Net Income 2016: $18,5242016Revenue 2017: $107,403Expenses 2017: $32,554Net Income 2017: $74,8492017Revenue 2018: $69,611Expenses 2018: $23,584Net Income 2018: $46,0272018Revenue 2019: $113,613Expenses 2019: $41,598Net Income 2019: $72,0152019Revenue 2020: $60,534Expenses 2020: $21,849Net Income 2020: $38,6852020Revenue 2021: $92,279Expenses 2021: $2,332Net Income 2021: $89,9472021Revenue 2022: $39,298Expenses 2022: $27,704Net Income 2022: $11,5942022Revenue 2023: $201,965Expenses 2023: $61,957Net Income 2023: $140,0082023Revenue 2024: $148,024Expenses 2024: $34,969Net Income 2024: $113,0552024

Highlighted filing

2024

Revenue$148,024
Expenses$34,969
Net Income$113,055

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 9, 2025
Return Version
2024v5.2
Gross Receipts
$148,024
Mission and Program Overview

Mission

SEE SCHEDULE O

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$976,292$1,196,491▲ $220,199
Cash and Non-Interest-Bearing Accounts$82,626$26,302▼ $56,324
Total Assets$1,058,918$1,222,793▲ $163,875
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,058,918$1,222,793▲ $163,875
Total Net Assets Fund Balance$1,058,918$1,222,793▲ $163,875
Total Liabilities and Net Assets / Fund Balance$1,058,918$1,222,793▲ $163,875

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$1,058,918$100,191▲ $98,653-$1,222,793
2023$854,506$167,952▲ $98,417-$1,058,918
2022$865,177$20,919▼ $3,886-$854,506
2021$775,230$38,164▲ $54,115$0$865,177
2020$736,545$17,766▲ $42,768$20,147$775,230
Compensation and Service Providers

Board Members and Trustees

NameTitle
James HuntzingerPresident
Gary ReynoldsVice President
Benjamin OrebaughDirector
Deborah WingerDirector
Nathan SteuryDirector
Riley CaseDirector
Kathy RiggsSecretary
William BausonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$100,191
Program Service Revenue
$0
Investment Income
$47,833
Other Revenue
$0
All Other Contributions
$100,191
Change in Net Assets
$113,055
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$30,000
Other Expenses$4,969
Total Fundraising Expense$1,421
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$30,000--$30,000
Fees for Service Investment Mgmnt Fees$0$2,913$0$2,913
Advertising$0$0$1,421$1,421
Fees for Services Accounting$0$635$0$635
Total Functional Expenses$30,000$3,548$1,421$34,969
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Enright Foundational Ministries IncPort Orange, FL-Pastors School in Zambia$30,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Kafakumba Development Projects Fund Inc
EIN
20-4235666
Phone
7654318097
Address
3243 N 500 E, KOKOMO, IN 46901
Doing Business As
Kafakumba Development Projects

Signing Officer

Name
William A Bauson
Title
Treasurer
Phone
7654318097
Signed
2025-05-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William a Bauson
Formed
2006
Legal Domicile
In
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
15

Preparer

Firm
John R Ledgerwood CPA Pa
Address
200 FOREST LAKE BLVD STE 3, DAYTONA BEACH, FL 32119
Preparer
John R Ledgerwood CPA
Phone
3867569555
Supplemental Narrative

Additional Explanations

Pt VI, Line 19

Form 990 - organizations mission to provide pastoral training and related programming to clergy. To provide access to low cost farming and resources for low income families and education for methods of becoming self-supportive in an impoverished economic area.

Other

Form 990, part i, line 6 the volunteers help with the mailings and also with the meetings held to solicit contributions.

Pt VI, Line 11B

- organizations process to review form 990 copy of the return is provided to the treasurer for distribution and review by members of the governing body prior to the return being e-filed.

Pt VI, Line 19

- governing documents disclosure explanation, documents available to the public upon request

Financial Statement Notes

Pt V, Line 4

Intended uses for endowment funds. The intention is to use the funds to facilitate students/pastors and their families to attend kafakumba pastors school every year.

Raw XML Appendix399 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt01222793
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IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt01457
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0854506
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0167952
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IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt098417
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt02704
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0865177
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IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt02332
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0INTENDED USES FOR ENDOWMENT FUNDS. THE INTENTION IS TO USE THE FUNDS TO FACILITATE STUDENTS/PASTORS AND THEIR FAMILIES TO ATTEND KAFAKUMBA PASTORS SCHOOL EVERY YEAR.
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IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0PASTORS SCHOOL IN ZAMBIA
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0ENRIGHT FOUNDATIONAL MINISTRIES INC
IRS990ScheduleI/RecipientTable/RecipientEIN0593150545
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01919 JACKSON LANE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0PORT ORANGE
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0FL
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IRS990ScheduleI/TotalOtherOrgCnt01
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 - ORGANIZATIONS MISSION TO PROVIDE PASTORAL TRAINING AND RELATED PROGRAMMING TO CLERGY. TO PROVIDE ACCESS TO LOW COST FARMING AND RESOURCES FOR LOW INCOME FAMILIES AND EDUCATION FOR METHODS OF BECOMING SELF-SUPPORTIVE IN AN IMPOVERISHED ECONOMIC AREA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990, PART I, LINE 6 THE VOLUNTEERS HELP WITH THE MAILINGS AND ALSO WITH THE MEETINGS HELD TO SOLICIT CONTRIBUTIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2- ORGANIZATIONS PROCESS TO REVIEW FORM 990 COPY OF THE RETURN IS PROVIDED TO THE TREASURER FOR DISTRIBUTION AND REVIEW BY MEMBERS OF THE GOVERNING BODY PRIOR TO THE RETURN BEING E-FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3- GOVERNING DOCUMENTS DISCLOSURE EXPLANATION, DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 19
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IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0148024
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0William A Bauson
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum07654318097
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0KAFAKUMBA DEVELOPMENT PROJECTS FUND INC
ReturnHeader/Filer/BusinessNameControlTxt0KAFA
ReturnHeader/Filer/EIN0204235666
ReturnHeader/Filer/PhoneNum07654318097
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ReturnHeader/Filer/USAddress/CityNm0KOKOMO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IN
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ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0593541642
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JOHN R LEDGERWOOD CPA PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0200 FOREST LAKE BLVD STE 3
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DAYTONA BEACH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd032119
ReturnHeader/PreparerPersonGrp/PhoneNum03867569555
ReturnHeader/PreparerPersonGrp/PreparationDt02025-08-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOHN R LEDGERWOOD CPA
ReturnHeader/ReturnTs02025-08-06T14:25:37-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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