AMERICAN FRIENDS OF LE KORSA INC

EIN: 203279061 501(c)(3) Philanthropy & Grantmaking

BETHANY, CT

Total Revenue
$2,338,994
Total Expenses
$2,001,155
Total Assets
$2,365,007
Net Assets
$2,357,471
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Financial Trends

Organization Details

Formation Year
2005
Legal Domicile
CT
Principal Officer
NICHOLAS FOX WEBER
Phone
2033931006
Tax Period
2023-01-01 to 2023-12-31

AMERICAN FRIENDS OF LE KORSA INC, founded in 2005, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $2.3M in total revenue in fiscal year 2023. Expenses of $2.0M left a modest 14% surplus.

Mission

TO BRING MEDICAL CARE, SANITARY CONDITIONS, IMPROVED LEARNING POSSIBILITIES AND CULTURAL ENRICHMENT TO PEOPLE IN RURAL CONDITIONS IN SENEGAL, WEST AFRICA AND TO GIVE UNPRECEDENTED HOPE TO THEIR COMMUNITIES.

Program Service Accomplishments

Program 1
Expenses: $68,905

EDUCATIONAL PROGRAMS: 1. WE CONTINUED TO FUND "THE FOYER DE TAMBACOUNDA" - A RESIDENTIAL FACILITY THAT ALLOWS OVER 140 YOUNG WOMEN TO CONTINUE THEIR EDUCATION BY ATTENDING STATE-OPERATED AND PRIVATE...

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EDUCATIONAL PROGRAMS: 1. WE CONTINUED TO FUND "THE FOYER DE TAMBACOUNDA" - A RESIDENTIAL FACILITY THAT ALLOWS OVER 140 YOUNG WOMEN TO CONTINUE THEIR EDUCATION BY ATTENDING STATE-OPERATED AND PRIVATE SCHOOLS WHILE LIVING IN SAFE AND SALUBRIOUS CONDITIONS, INSTEAD OF BEING FORCED INTO MARRIAGE AND CHILDBEARING AT A YOUNG AGE - OFTEN AS YOUNG AS TWELVE - AND REMAINING IN THEIR VILLAGES WITHOUT AUTHORITY OVER THEIR OWN LIVES. LE KORSA PROVIDES EDUCATIONAL PROGRAMS TO HELP THE YOUNG WOMEN PREPARE FOR THEIR COLLEGE ENTRANCE EXAMS, AS WELL AS CULTURAL PROGRAMS TO HELP THEM TO LEARN LIFE SKILLS. 2. LE KORSA CONTINUES OPERATING THE SCHOOL AT FASS WHICH IT CONSTRUCTED IN 2018. THIS SCHOOL IS THE FIRST OF ITS KIND IN THE REGION PROVIDING EDUCATION TO A POPULATION THAT PREVIOUSLY HAD NO ACCESS TO COURSES IN MATH AND LITERACY. IT NOW HAS ABOUT 220 GIRLS AND BOYS, AGED 6 TO 14; LE KORSA PAYS TEACHER SALARIES AND COVERS OTHER OPERATING EXPENSES. 3. LE KORSA PROVIDES SUPPORT FOR TEACHER SALARIES AND SUPPLIES AT THE JARDIN DES ENFANTS IN SINTHIAN; SAINT ANNE'S SCHOOL IN THIES, AND ELEMENTARY SCHOOLS IN THE VILLAGES OF GOUMBAYEL AND KOAR.

Program 2
Expenses: $956,515

MEDICAL AND HEALTH PROGRAMS: 1. IN 2023 WE CONTINUED CONSTRUCTION OF A NEW MATERNITY AND PEDIATRIC WARD AT THE TAMBACOUNDA HOSPITAL IN TAMBACOUNDA, SENEGAL. TAMBACOUNDA HOSPITAL IS THE ONLY HOSPITAL...

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MEDICAL AND HEALTH PROGRAMS: 1. IN 2023 WE CONTINUED CONSTRUCTION OF A NEW MATERNITY AND PEDIATRIC WARD AT THE TAMBACOUNDA HOSPITAL IN TAMBACOUNDA, SENEGAL. TAMBACOUNDA HOSPITAL IS THE ONLY HOSPITAL IN A VERY LARGE REGION OF EASTERN SENEGAL. IT SERVES THE 80,000 RESIDENTS OF THE CITY OF TAMBACOUNDA, AND MORE THAN A MILLION PEOPLE FROM THE SURROUNDING AREA AND FROM MALI, WHOSE BORDER IS ABOUT AN HOUR AND A HALF AWAY. IT HAS 150 BEDS AND TREATS APPROXIMATELY 47,000 PATIENTS ANNUALLY, MOST OFTEN FOR MALARIA AND RESPIRATORY INFECTIONS. 2. MEDICAL GRANTS: LE KORSA PROVIDES FUNDING TO SEVERAL LOCAL HOSPITALS AND CLINICS TO OFFSET THE COST OF PATIENT CARE AND TO BUY MEDICAL SUPPLIES, LIFE-SAVING DRUGS, AND EQUIPMENT. THIS HELPS ENSURE THAT PEOPLE ARE NOT REFUSED CARE DUE TO THEIR INABILITY TO PAY. ADDITIONALLY, LE KORSA OFFERED PATIENT GRANTS TO INDIVIDUALS REQUIRING CARE AT OTHER INSTITUTIONS, INCLUDING WASSADOU MEDICAL CENTER, FESS MEDICAL CENTER, SINTHIAN MEDICAL CENTER, TAMBACOUNDA HOSPITAL, FANN HASPITAL, SAINT ANNE'S CLINIC, AND ALBERT ROYER HOSPITAL. 3. LE KORSA CONTINUED ITS SUPPORT AND MANAGEMENT OF A WOMEN'S HEALTH CENTER IN DAKAR WHERE IT SUBSIDIZES SALARIES OF THE ENTIRE STAFF, INCLUDING A NURSE AND AN OBGYN, TO EXPAND ITS ABILITY TO OFFER SAFE AND FREE PRENATAL HEALTH CARE TO A VULNERABLE POPULATION. 4. LE KORSA ALSO PROVIDES JOB TRAINING, NUTRITION EDUCATION, AND VARIOUS FORMS OF GYNECOLOGICAL AND PRENATAL CARE.

Program 3
Expenses: $845,926

OTHER PROGRAMS: 1. AGRICULTURAL DEVELOPMENT, INCLUDING COMMUNITY GARDENS AND PRODUCTION OF HONEY AND THE SENEGALESE GRAIN FONIO, BY USE OF COOPERATIVES. 2. CULTURAL EXCHANGE, INCLUDING PROJECTS...

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OTHER PROGRAMS: 1. AGRICULTURAL DEVELOPMENT, INCLUDING COMMUNITY GARDENS AND PRODUCTION OF HONEY AND THE SENEGALESE GRAIN FONIO, BY USE OF COOPERATIVES. 2. CULTURAL EXCHANGE, INCLUDING PROJECTS INVOLVING VISUAL ARTS, THEATRE, AND WRITING, IN THE VILLAGE OF SINTHIAN AND THE CITY OF TAMBACOUNDA. 3. DEVELOPMENT OF NEW APPROACHES TO ENVIRONMENTAL ISSUES THROUGHOUT THE COUNTRY OF SENEGAL. 4. TREE PLANTING AND TOWN CLEANUP INITIATIVES, INCLUDING TREE PLANTING IN TAMBACOUNDA TO HELP BEAUTIFY THE CITY AND PROVIDE SHADE TO ITS RESIDENTS, AS WELL AS TREE PLANTING IN VILLAGES OUTSIDE OF THE CITY WHICH ACTS AS A FIREWALL TO PROTECT RESIDENTS WHILE ALSO PROVIDING FRUIT AND NUT CROPS FOR FOOD AND FINANCIAL GAIN. 4. SUPPORT OF A COMMUNITY RADIO STATION TO SERVE A LARGE REGION IN WHICH MULTIPLE LANGUAGES ARE USED, WITH HEADQUARTERS IN THE VILLAGE OF GOLOUMBOU. 5. DEVELOPMENT OF SPORTS FACILITIES AND PLAYGROUNDS TO SUPPORT IMPROVED PHYSICAL HEALTH AND COMMUNITY COHESIVENESS IN VARIOUS LOCATIONS.

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,302,713
Program Service Revenue $0
Investment Income $36,281
Other Revenue $0
TOTAL REVENUE $2,338,994

Expense Breakdown

Grants Paid $607,927
Salaries & Benefits $0
Fundraising Expenses $37,857
Program Expenses $1,871,346
Other Expenses $1,393,228
TOTAL EXPENSES $2,001,155

Year-over-Year Comparison

2023 2022 Change
Revenue $2,338,994 $2,188,626 +0.1%
Expenses $2,001,155 $1,884,602 +0.1%
Net Income $337,839 $304,024 +0.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
4
Independent Members
3
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$76,277
Total Directors
4
$76,277
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NICHOLAS FOX WEBER PRESIDENT 10.00
Officer Director
$0 $0 $0
PATRICK DEWAVRIN SECRETARY 2.00
Officer Director
$0 $0 $0
LOUIS VALENTIN TREASURER 20.00
Officer Director
$0 $76,277 $76,277
MELANIE NIEMIEC BOARD MEMBER 2.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $2,338,994 $2,001,155 $2,365,007 $337,839
2022 $2,188,626 $1,884,602 $1,896,163 $304,024
2021 $1,924,806 $2,209,351 $1,815,788 $-284,545
2020 $2,251,366 $2,227,022 $2,034,089 $24,344
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