Civic Intelligence

Musanze Inc

990EZ • Fiscal year 2016 • EIN 27-2871818

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 14, 2017

10800 Barrett RoadRoland, AR 72135

(501) 366-3487

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

92nd percentile

0.70x

Higher debt load relative to assets than 92% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

98th percentile

3.90x

Higher debt load relative to revenue than 98% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

2nd percentile

-435%

Higher net margin than 2% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

10th percentile

-44%

Faster asset growth than 10% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

3rd percentile

-84%

Faster revenue growth than 3% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Down

$28,361

Down $22,329 (-44%) from 2015

Net Assets

Down

$8,372

Down $22,328 (-73%) from 2015

Liabilities

Down

$19,989

Down $1 (-0.0%) from 2015

Revenue

Down

$5,127

Down $27,373 (-84%) from 2015

Expenses

Down

$27,455

Down $59,665 (-68%) from 2015

Net Income

Up

-$22,328

Up $32,292 (+59%) from 2015

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$800K$600K$400K$200K$0Assets 2010: $104,150Net Assets 2010: $104,1502010Assets 2012: $621,891Liabilities 2012: $13,673Net Assets 2012: $608,2182012Assets 2013: $193,298Liabilities 2013: $23,625Net Assets 2013: $169,6732013Assets 2014: $105,310Liabilities 2014: $19,990Net Assets 2014: $85,3202014Assets 2015: $50,690Liabilities 2015: $19,990Net Assets 2015: $30,7002015Assets 2016: $28,361Liabilities 2016: $19,989Net Assets 2016: $8,3722016Assets 2017: $14,136Net Assets 2017: $14,1362017

Highlighted filing

2016

Assets$28,361
Liabilities$19,989
Net Assets$8,372

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$500K$0-$500KRevenue 2010: $105,000Expenses 2010: $850Net Income 2010: $104,1502010Expenses 2012: $414,5772012Revenue 2013: -$100,039Expenses 2013: $338,506Net Income 2013: -$438,5452013Revenue 2014: -$3,851Expenses 2014: $80,502Net Income 2014: -$84,3532014Revenue 2015: $32,500Expenses 2015: $87,120Net Income 2015: -$54,6202015Revenue 2016: $5,127Expenses 2016: $27,455Net Income 2016: -$22,3282016Revenue 2017: $24,461Expenses 2017: $18,697Net Income 2017: $5,7642017

Highlighted filing

2016

Revenue$5,127
Expenses$27,455
Net Income-$22,328
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 14, 2017
Return Version
2016v3.0
Gross Receipts
$5,127
Mission and Program Overview

Mission

Musanze, inc. Is a christian based non-profit corporation organized to foster the development of entrepreneurship in rwanda. Its purpose is to discover and develop opportunities and then to match those opportunities with rwandan entrepreneurs and americans business people in order to build successful businesses in order to help rwandans develop rwanda's economy.

Program Services

DescriptionGrantsExpenses
DURING 2012 AND 2013 THE ORGANIZATION CONCENTRATED ITS EFFORTS BUILDING AND STAFFING THE MUSANZE OPPORTUNITY CENTER (MOC) IN RWANDA, AFRICA. THE FACILITY REQUIRED SUBSTANTIAL IMPROVEMENTS TO THE INFRASTRUCTURE TO PROVIDE A SAFE ENVIRONMENT IN WHICH IT'S MISSION CAN BE CARRIED OUT. AT THE MOC LOCALS WILL BE TAUGHT ENGLISH, HOSPITALITY SKILLS AND CONSTRUCTION METHODS PROVIDING THEM WITH THE SKILLS NEEDED TO IMPROVE THEIR LIVES AND THEIR COMMUNITIES. DURING 2014, 2015, AND 2016 THE ORGANIZATION CONTINUED ITS MISSION IN THE UNITED STATES BY SPONSORING THE US BASED EDUCATION OF RWANDAN YOUNG MEN.$1,100$26,405
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
RUSSELL RAINEYDirector/Pre-$0--
PAUL CHAPMANDirector/Tre-$0--
DOUG GREENWOODDirector/Sec-$0--
Filing and Contact Details

Filer

Filer Name
Musanze Inc
EIN
27-2871818
Phone
5013663487
Address
10800 BARRETT ROAD, ROLAND, AR 72135

Signing Officer

Name
Russell Rainey
Title
Director/president
Phone
5013663487
Signed
2017-11-14
Discuss with paid preparer
Yes

Preparer

Firm
Frazier & Rickels Pa
Address
415 NORTH MCKINLEY SUITE 1100, LITTLE ROCK, AR 72205
Preparer
Phillip Erickels CPA
Phone
5016660900
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses insurance 606 bank charges 144 student fees 9,692 student stipends 7,220 supplies 4,837 property taxes 157 non-investment depreciation 1,229 total 23,885

Form 990-ez, Part II, Line 24

65,883 65,883 less accumulated depreciation 37,908 39,137 other assets 0 870 total 27,975 27,616

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 6,336 6,336 accrued prof fees 1,785 1,784 due to matt smith 1,500 1,500 due to rtc 10,369 10,369

Form 990-ez, Part III

Musanze, inc. Is a christian based non-profit corporation organized to foster the development of entrepreneurship in rwanda. Its purpose is to discover and develop opportunities and then to match those opportunities with rwandan entrepreneurs and americans business people in order to build successful businesses in order to help rwandans develop rwanda's economy.

Form 990-ez, Part III, Line 28

During 2012 and 2013 the organization concentrated its efforts building and staffing the musanze opportunity center (moc) in rwanda, africa. The facility required substantial improvements to the infrastructure to provide a safe environment in which it's mission can be carried out. At the moc locals will be taught english, hospitality skills and construction methods providing them with the skills needed to improve their lives and their communities. During 2014, 2015, and 2016 the organization continued its mission in the united states by sponsoring the us based education of rwandan young men.

Raw XML Appendix145 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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IRS990EZ/PrimaryExemptPurposeTxt0MUSANZE, INC. IS A CHRISTIAN BASED NON-PROFIT CORPORATION ORGANIZED TO FOSTER THE DEVELOPMENT OF ENTREPRENEURSHIP IN RWANDA. ITS PURPOSE IS TO DISCOVER AND DEVELOP OPPORTUNITIES AND THEN TO MATCH THOSE OPPORTUNITIES WITH RWANDAN ENTREPRENEURS AND AMERICANS BUSINESS PEOPLE IN ORDER TO BUILD SUCCESSFUL BUSINESSES IN ORDER TO HELP RWANDANS DEVELOP RWANDA'S ECONOMY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0DURING 2012 AND 2013 THE ORGANIZATION CONCENTRATED ITS EFFORTS BUILDING AND STAFFING THE MUSANZE OPPORTUNITY CENTER (MOC) IN RWANDA, AFRICA. THE FACILITY REQUIRED SUBSTANTIAL IMPROVEMENTS TO THE INFRASTRUCTURE TO PROVIDE A SAFE ENVIRONMENT IN WHICH IT'S MISSION CAN BE CARRIED OUT. AT THE MOC LOCALS WILL BE TAUGHT ENGLISH, HOSPITALITY SKILLS AND CONSTRUCTION METHODS PROVIDING THEM WITH THE SKILLS NEEDED TO IMPROVE THEIR LIVES AND THEIR COMMUNITIES. DURING 2014, 2015, AND 2016 THE ORGANIZATION CONTINUED ITS MISSION IN THE UNITED STATES BY SPONSORING THE US BASED EDUCATION OF RWANDAN YOUNG MEN.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES INSURANCE 606 BANK CHARGES 144 STUDENT FEES 9,692 STUDENT STIPENDS 7,220 SUPPLIES 4,837 PROPERTY TAXES 157 NON-INVESTMENT DEPRECIATION 1,229 TOTAL 23,885
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt165,883 65,883 LESS ACCUMULATED DEPRECIATION 37,908 39,137 OTHER ASSETS 0 870 TOTAL 27,975 27,616
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 6,336 6,336 ACCRUED PROF FEES 1,785 1,784 DUE TO MATT SMITH 1,500 1,500 DUE TO RTC 10,369 10,369
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MUSANZE, INC. IS A CHRISTIAN BASED NON-PROFIT CORPORATION ORGANIZED TO FOSTER THE DEVELOPMENT OF ENTREPRENEURSHIP IN RWANDA. ITS PURPOSE IS TO DISCOVER AND DEVELOP OPPORTUNITIES AND THEN TO MATCH THOSE OPPORTUNITIES WITH RWANDAN ENTREPRENEURS AND AMERICANS BUSINESS PEOPLE IN ORDER TO BUILD SUCCESSFUL BUSINESSES IN ORDER TO HELP RWANDANS DEVELOP RWANDA'S ECONOMY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DURING 2012 AND 2013 THE ORGANIZATION CONCENTRATED ITS EFFORTS BUILDING AND STAFFING THE MUSANZE OPPORTUNITY CENTER (MOC) IN RWANDA, AFRICA. THE FACILITY REQUIRED SUBSTANTIAL IMPROVEMENTS TO THE INFRASTRUCTURE TO PROVIDE A SAFE ENVIRONMENT IN WHICH IT'S MISSION CAN BE CARRIED OUT. AT THE MOC LOCALS WILL BE TAUGHT ENGLISH, HOSPITALITY SKILLS AND CONSTRUCTION METHODS PROVIDING THEM WITH THE SKILLS NEEDED TO IMPROVE THEIR LIVES AND THEIR COMMUNITIES. DURING 2014, 2015, AND 2016 THE ORGANIZATION CONTINUED ITS MISSION IN THE UNITED STATES BY SPONSORING THE US BASED EDUCATION OF RWANDAN YOUNG MEN.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02017-02-10 21:41:12Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0RUSSELL RAINEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR/PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05013663487
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MUSANZE INC
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ReturnHeader/Filer/EIN0272871818
ReturnHeader/Filer/PhoneNum05013663487
ReturnHeader/Filer/USAddress/AddressLine1Txt010800 BARRETT ROAD
ReturnHeader/Filer/USAddress/CityNm0ROLAND
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0FRAZIER & RICKELS PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0415 NORTH MCKINLEY SUITE 1100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LITTLE ROCK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd072205
ReturnHeader/PreparerPersonGrp/PhoneNum05016660900
ReturnHeader/PreparerPersonGrp/PreparationDt02017-11-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PHILLIP ERICKELS CPA
ReturnHeader/ReturnTs02017-11-14T13:58:04-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

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