CONGO INITIATIVE USA INC

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2005

Legal Domicile

Principal Officer

BETHANY WOLCOTT

Phone

9198067297

Tax Period

2023-01-01 to 2023-12-31

CONGO INITIATIVE USA INC, founded in 2005, is a community nonprofit in the Education sector that reported $1.2M in total revenue in fiscal year 2023. Revenue surged 182% from the prior year, signaling strong growth momentum.

Mission

THE MISSION OF CONGO INITIATIVE USA IS TO PROMOTE CHRISTIAN HIGHER EDUCATION, LEADERSHIP FORMATION, AND COMMUNITY TRANSFORMATION IN THE DEMOCRATIC REPUBLIC OF CONGO (DRC). THIS MISSION WILL BE ACCOMPLISHED BY, AMONG OTHER MEANS, PROVIDING FINANCIAL AND PERSONNEL SUPPORT FOR CONGO INITIATIVE - UNIVERSITE CHRETIENNE BILINGUE DU CONGO, AN EDUCATION INSTITUTION ORGANIZED AND EXISTING UNDER THE LAWS OF THE DRC.

Program Service Accomplishments

Program 1

Expenses: $750,745

ACCOMPLISHMENT 1 - EDUCATION, LEADERSHIP AND COMMUNITY TRANSFORMATION ACCOMPLISHMENT INCLUDES: - PROVIDING FORMAL EDUCATION AND TRAINING TO NURTURE ETHICAL LEADERS TO BE AGENTS OF CHANGE THROUGHOUT THE CONGOLESE SOCIETY. - PROVIDING PROFESSIONAL DEVELOPMENT FOR TEACHERS AND STAFF TO EQUIP THEM WITH PEDAGOGICAL SKILLS. - PROVIDING PRIMARY AND SECONDARY EDUCATION FOR CONGO'S YOUNGEST LEARNERS. - PROMOTE JUSTICE AND STRENGTHEN FAMILIES AND COMMUNITIES IN CONGO VIA PROFESIONAL INDIVIDUAL AND GROUP CONSELING, PARENTING SEMINARS, ETHNIC RECONCILIATION AND PEACEBUILDING ACTIVITIES, PRO-BONO LEGAL SERVICES, ECONONOMIC DEVELOPMENT AND MORE.

Program 2

Expenses: $146,412

ACCOMPLISHMENT 2 - FACILITIES AND INFRASTRUCTURE ACCOMPLISHMENT INCLUDES: - DEVELOP AND MAINTAIN PROPERTY AND INFRASTRUCTURE WHICH SUPPORT THE ORGANIZATION'S PROGRAMS AND ACCOMPLISHMENTS.

Program 3

Expenses: $6,704

ACCOMPLISHMENT 3 - PARTNERSHIP DEVELOPMENT AND CAPACITY BUILDING ACCOMPLISHMENT INCLUDES: - PROVIDE AWARENESS-RAISING ACTIVITIES FOR THE GENERAL PUBLIC ABOUT CONGO, AS WELL AS DEVELOP, STRENGTHEN...

ACCOMPLISHMENT 3 - PARTNERSHIP DEVELOPMENT AND CAPACITY BUILDING ACCOMPLISHMENT INCLUDES: - PROVIDE AWARENESS-RAISING ACTIVITIES FOR THE GENERAL PUBLIC ABOUT CONGO, AS WELL AS DEVELOP, STRENGTHEN, AND EXPAND PARTNERSHIPS WITH INDIVIDUALS, INSTITUTIONS (UNIVERSITIES), FOUNDATIONS AND CHURCHES ACROSS THE WORLD. - THE ABOVE WILL BE ACCOMPLISHED BY TEACHING OTHERS ON THE HISTORY AND CURRENT CONTEXT OF DR CONGO TO DEEPEN THEIR ENGAGEMENT WITH THE LIVES OF CONGOLESE CHRISTIANS. STORIES, DATA COLLECTIONS, MONITORING AND EVALUATION REPORTS WILL ALL BE USED TO TEACH OTHERS AND RAISE AWARENESS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,077,202

Program Service Revenue $0

Investment Income $6,597

Other Revenue $68,057

TOTAL REVENUE $1,151,856

Expense Breakdown

Grants Paid $873,686

Salaries & Benefits $146,246

Fundraising Expenses $62,916

Program Expenses $903,861

Other Expenses $178,943

TOTAL EXPENSES $1,198,875

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,151,856	$408,021	+1.8%
Expenses	$1,198,875	$168,696	+6.1%
Net Income	$-47,019	$239,325	-1.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BETHANY WOLCOTT	TREASURER	N/A	Officer Director	$0	$0	$0
MARY HENTON	DIRECTOR	N/A	Director	$0	$0	$0
CHELSIE CHAN	DIRECTOR	N/A	Director	$0	$0	$0
TIMOTEO ACOSTA	VICE CHAIR	N/A	Officer Director	$0	$0	$0
CAROLINE KOLINS	SECRETARY	N/A	Officer Director	$0	$0	$0
JULIE BRYCE	CHAIR	N/A	Officer Director	$0	$0	$0
SUSAN HELLER EVENSON	DIRECTOR	N/A	Director	$0	$0	$0
FRANCINE NABINTU	DIRECTOR	N/A	Director	$0	$0	$0
ANN MASTERGEORGE	DIRECTOR	N/A	Director	$0	$0	$0
DAVID EAGLE	DIRECTOR	N/A	Director	$0	$0	$0
REV DAVID KASALI PHD	DIRECTOR- NO	N/A	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	$1,151,856	$1,198,875	$749,234	$-47,019
2022	$1,105,040	$1,207,531	$547,414	$-102,491
2022	$408,021	$168,696	$780,170	$239,325
2021	$1,603,672	$1,321,554	$644,822	$282,118
2020	$1,147,129	$1,272,520	$412,731	$-125,391
2019	$1,030,336	$1,470,582	$497,217	$-440,246
2018	$2,162,981	$1,484,085	$945,089	$678,896