KUMVEKA

EIN: 270199785 501(c)(3) International Affairs

RICHMOND, VA

Total Revenue
$436,165
Total Expenses
$448,944
Total Assets
$255,793
Net Assets
$252,503
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
VA
Principal Officer
DAN KENNEDY
Phone
8045399431
Tax Period
2021-01-01 to 2021-12-31

KUMVEKA, founded in 2009, is a small nonprofit in the International Affairs sector that reported $567K in total revenue in fiscal year 2018. Revenue surged 33% from the prior year, signaling strong growth momentum. The organization ran a surplus of $149K, a strong 26% operating margin.

Mission

Connect God given gifts of creative professionals to God inspired passions of other ministries

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

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Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $194,681
Program Service Revenue $241,474
Investment Income $10
Other Revenue $0
TOTAL REVENUE $436,165

Expense Breakdown

Grants Paid $0
Salaries & Benefits $396,305
Fundraising Expenses $0
Program Expenses $396,927
Other Expenses $52,639
TOTAL EXPENSES $448,944

Year-over-Year Comparison

2021 2020 Change
Revenue $436,165 N/A N/A
Expenses $448,944 N/A N/A
Net Income $-12,779 N/A N/A
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

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Governance

Voting Members
4
Independent Members
N/A
Employees
11
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
0
$0
Total Directors
4
$120,173
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAN KENNEDY Executive Dir. 40.00
Director
$120,173 $0 $120,173
FRITZ KLING Trustee 0.00
Director
$0 $0 $0
NICK JOHNSON Trustee 0.00
Director
$0 $0 $0
RANDY HOLMES Trustee 0.00
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
2021 $436,165 $448,944 $255,793 $-12,779
2020 $452,171 $536,820 $361,043 $-84,649
2018 $567,407 $418,139 $273,179 $149,268
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