Civic Intelligence

Kibera River of Life Inc.

990 • Fiscal year 2019 • EIN 81-3685850

Jan 01, 2019 to Dec 31, 2019 • Filed on Aug 19, 2020

PO Box 360West Windsor, NJ 08550

(646) 387-7031

Siviq Scores

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

Liabilities / Assets

92nd percentile

0.59x

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

2019 filings • NTEE Q30 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

79th percentile

0.02x

Higher debt load relative to revenue than 79% of similar nonprofits.

2019 filings • NTEE Q30 • <$500k nonprofits • Source year 2019

Net Margin

38th percentile

-3.7%

Higher net margin than 38% of similar nonprofits.

2019 filings • NTEE Q30 • <$500k nonprofits • Source year 2019

Top Officer Pay

93rd percentile

$31,600

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 12.9% of source-year revenue.

2019 filings • NTEE Q30 • <$500k nonprofits • Source year 2019

Asset Growth

22nd percentile

-33%

Faster asset growth than 22% of similar nonprofits.

2019 filings • NTEE Q30 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

69th percentile

27%

Faster revenue growth than 69% of similar nonprofits.

2019 filings • NTEE Q30 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$8,440

Down $4,156 (-33%) from 2018

Net Assets

Down

$3,440

Down $9,156 (-73%) from 2018

Liabilities

Up

$5,000

Up $5,000 from 2018

Revenue

Up

$245,331

Up $51,514 (+27%) from 2018

Expenses

Up

$254,487

Up $3,899 (+1.6%) from 2018

Net Income

Up

-$9,156

Up $47,615 (+84%) from 2018

Historical Trend

Balance Sheet Trend

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

$80K$60K$40K$20K$0Assets 2016: $5,000Liabilities 2016: $0Net Assets 2016: $5,0002016Assets 2017: $69,367Liabilities 2017: $0Net Assets 2017: $69,3672017Assets 2018: $12,596Liabilities 2018: $0Net Assets 2018: $12,5962018Assets 2019: $8,440Liabilities 2019: $5,000Net Assets 2019: $3,4402019Assets 2020: $13,924Liabilities 2020: $0Net Assets 2020: $13,9242020Assets 2021: $20,891Liabilities 2021: $0Net Assets 2021: $20,8912021Assets 2022: $14,863Liabilities 2022: $0Net Assets 2022: $14,8632022Assets 2023: $17,839Liabilities 2023: $0Net Assets 2023: $17,8392023Assets 2024: $2,127Liabilities 2024: $0Net Assets 2024: $2,1272024Assets 2025: $6,503Liabilities 2025: $0Net Assets 2025: $6,5032025

Highlighted filing

2019

Assets$8,440
Liabilities$5,000
Net Assets$3,440

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2016: $6,909Expenses 2016: $1,909Net Income 2016: $5,0002016Revenue 2017: $217,337Expenses 2017: $152,970Net Income 2017: $64,3672017Revenue 2018: $193,817Expenses 2018: $250,588Net Income 2018: -$56,7712018Revenue 2019: $245,331Expenses 2019: $254,487Net Income 2019: -$9,1562019Revenue 2020: $184,171Expenses 2020: $173,687Net Income 2020: $10,4842020Revenue 2021: $288,958Expenses 2021: $281,992Net Income 2021: $6,9662021Revenue 2022: $95,290Expenses 2022: $101,318Net Income 2022: -$6,0282022Revenue 2023: $93,000Expenses 2023: $90,024Net Income 2023: $2,9762023Revenue 2024: $72,500Expenses 2024: $88,212Net Income 2024: -$15,7122024Revenue 2025: $86,900Expenses 2025: $82,524Net Income 2025: $4,3762025

Highlighted filing

2019

Revenue$245,331
Expenses$254,487
Net Income-$9,156
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Aug 19, 2020
Return Version
2019v5.1
Gross Receipts
$245,331
Mission and Program Overview

Mission

Kibera river of life raises awareness of and provides financial support to the soweto academy in kibera, kenya. The organization is also funding the construction of a new school in imosan, nigeria. Students that attend the soweto academy in kenya and young children in imosan, nigeria live in poverty and have very limited access to education.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$12,596$8,440▼ $4,156
Loans From Officers Directors-$5,000-
Total Assets$12,596$8,440▼ $4,156
Liabilities
Total Liabilities$0$5,000▲ $5,000
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$12,596$3,440▼ $9,156
Total Net Assets Fund Balance$12,596$3,440▼ $9,156
Total Liabilities and Net Assets / Fund Balance$12,596$8,440▼ $4,156
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Mi ChangPresidentPT$31,600$31,600

Board Members and Trustees

NameTitle
Thomas ChiSecretary
Steven KuTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$245,331
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$219,331
Change in Net Assets
$-9,156
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$229,000
Other Expenses$25,487
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$229,000--$229,000
Travel$17,799--$17,799
Fees for Services Accounting-$4,150-$4,150
Insurance-$1,147-$1,147
Office Expenses-$416-$416
Other Expenses$754$253-$253
Total Functional Expenses$247,553$6,934$0$254,487
International Activity

International Summary

Offices
0
Employees
0
Spending
$229,000

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
Yes

International Activities

RegionActivityServicesOfficesEmployeesSpending
Sub-Saharan AfricaGrants to recipients located in the region-00$229,000
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees-$5,000-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 2

Mi Chang, President, and Steven Ku, Treasurer are married.

Form 990, Part VI, Section A, line 8B

No committee has authority to act on behalf of the governing body therefore there is no contemporaneous documentation of such committee meetings.

Form 990, Part VI, Section B, line 11B

The Form 990 is distributed to the board and all questions are addressed prior to the filing deadline.

Form 990, Part VI, Section B, line 12C

The Organization regularly and consistently monitors and enforces compliance with the conflict of interest policy by requiring that each director, principal officer, and member of a committee shall sign a statement that affirms such person: has received a copy of the conflicts of interest policy, has read and understands the policy, has agreed to comply with the policy, and understands that the Organization is charitable and in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax-exempt purposes.

Form 990, Part VI, Section B, line 15

None of the Organization's officers are compensated. Therefore there is no process for determining their compensation.

Form 990, Part VI, Section C, line 19

The Organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Kibera River of Life Inc
EIN
81-3685850
Phone
6463877031
Address
PO BOX 360, WEST WINDSOR, NJ 08550
Doing Business As
Africa River of Life

Signing Officer

Name
Steven Ku
Title
Treasurer
Phone
6463877031
Signed
2020-08-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mi Chang
Formed
2016
Legal Domicile
Nj
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
3

Preparer

Firm
Klatzkin & Company Llp
Address
1670 WHITEHORSE HAM SQ RD, HAMILTON, NJ 08690-3513
Preparer
Christopher S Maynard CPA
Phone
6098909189
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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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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE ORGANIZATION WAS ORGANIZED ON AUGUST 5, 2016. THEREFORE, THE 2016 INFORMATION PROVIDED ON THE SCHEDULE A IS FOR A SHORT YEAR.
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IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt0To support existing school (Soweto Academy) in Kenya
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt1To build a new school (Cornerstone Academy) in Nigeria
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IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2:
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc1Part III Accounting Method:
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Mi Chang, President, and Steven Ku, Treasurer are married.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No committee has authority to act on behalf of the governing body therefore there is no contemporaneous documentation of such committee meetings.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Form 990 is distributed to the board and all questions are addressed prior to the filing deadline.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Organization regularly and consistently monitors and enforces compliance with the conflict of interest policy by requiring that each director, principal officer, and member of a committee shall sign a statement that affirms such person: has received a copy of the conflicts of interest policy, has read and understands the policy, has agreed to comply with the policy, and understands that the Organization is charitable and in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax-exempt purposes.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4None of the Organization's officers are compensated. Therefore there is no process for determining their compensation.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The Organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section C, line 19
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IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
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IRS990/WebsiteAddressTxt0WWW.AFRICARIVEROFLIFE.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0STEVEN KU
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum06463877031
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-08-19
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0KIBERA RIVER OF LIFE INC
ReturnHeader/Filer/BusinessNameControlTxt0KIBE
ReturnHeader/Filer/EIN0813685850
ReturnHeader/Filer/PhoneNum06463877031
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ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt075.99.151.218
ReturnHeader/FilingSecurityInformation/IPDt02020-08-19
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ReturnHeader/FilingSecurityInformation/IPTm014:14:24
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0210650289
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KLATZKIN & COMPANY LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01670 WHITEHORSE HAM SQ RD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HAMILTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0086903513
ReturnHeader/PreparerPersonGrp/PhoneNum06098909189
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CHRISTOPHER S MAYNARD CPA
ReturnHeader/ReturnTs02020-08-19T13:14:37-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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