KIRABO SEEDS

EIN: 450888593 501(c)(3) International Affairs

HILLSBOROUGH, NC

Total Revenue
$90,650
Total Expenses
$93,760
Total Assets
$110,291
Net Assets
$110,291
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
TX
Principal Officer
JIM KING
Phone
2816059158
Tax Period
2024-01-01 to 2024-12-31

KIRABO SEEDS, founded in 2011, is a micro nonprofit in the International Affairs sector that reported $91K in total revenue in fiscal year 2024. Revenue surged 93% from the prior year, signaling strong growth momentum.

Mission

PROVIDING CARE TO ORPHANS AND WIDOWS IN UGANDA BY PURCHASING FOOD, SUPPLIES, MEDICAL CARE AND PROVIDING ADDITIONAL MINISTRY SERVICES.

Program Service Accomplishments

Program 1
Expenses: $93,439 Revenue: $90,650

KIRABO SEEDS 2024 YEAR IN REVIEWDURING 2024, KIRABO SEEDS MINISTRY CONTINUED TO LOVE, DISCIPLE, AND CARE FOR GOD'S ORPHANED CHILDREN. WHILE MOST OF OUR CHILDREN ARE NOW TEENAGERS, WE ARE GRATEFUL TO...

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KIRABO SEEDS 2024 YEAR IN REVIEWDURING 2024, KIRABO SEEDS MINISTRY CONTINUED TO LOVE, DISCIPLE, AND CARE FOR GOD'S ORPHANED CHILDREN. WHILE MOST OF OUR CHILDREN ARE NOW TEENAGERS, WE ARE GRATEFUL TO OUR 6 CARING STAFF WHO CONTINUE TO LOVE AND CARE FOR THESE GROWING ADOLESCENTS. MOREOVER, WE ARE THANKFUL THAT OUR STAFF CONTINUES TO REMAIN FAITHFUL AND LOYAL TO THIS MINISTRY. OUR CONSISTENT MISSION IS TO RAISE THESE KIDS UNDER OUR CARE WITH THE GOAL TO HAVE THEM FOLLOWING CHRIST, BE INDEPENDENT ADULTS, AND SERVE AND IMPACT THE UGANDA COMMUNITY. ALL BUT THREE CHILDREN NOW ATTEND BOARDING SCHOOL. THREE ARE ALSO PREPARING TO APPLY AND ATTEND UNIVERSITY OR TRADE SCHOOL. THROUGHOUT OUR KS HISTORY, WE ARE GRATEFUL TO GOD FOR HIS PROVISION IN OUR MINISTRY. AGING CHILDREN CREATE NEW OPPORTUNITIES AND NEW LEARNINGS FOR US ALL. SOME ACCOMPLISHMENTS AND KEY ACTIVITIES DURING THE YEAR:- THROUGHOUT THE YEAR ON A BI-MONTHLY BASIS, JIM AND ERICA CONTINUED TO HOLD BI-WEEKLY CONFERENCE CALLS WITH KS UGANDAN LEADERSHIP- JOINED BY OUR EDUCATOR ADVISOR STEPHANIE, WE HELD OUR QUARTERLY EDUCATION MEETINGS COLLABORATING ON ACADEMIC, SCHOOL, AND LEARNING CHALLENGES AND OFFERING RECOMMENDATIONS TO THE STAFF TO IMPROVE PERFORMANCE- US TEAM VISITED UGANDA IN MAY- WORKING THROUGH GOVERNMENT REQUEST TO RESETTLE CHILDREN WITH FAMILY MEMBERS AND GUARDIANS.- RESETTLED ONE STUDENT IN 2024- MAINTAINED REGULAR CONVERSATIONS AND COLLABORATION ABOUT NEW CHALLENGES WITH RAISING TEENAGE CHILDREN- CHILDREN COMPLETED QUARTERLY LETTERS TO DONORS - EVALUATED AND RESEARCHED UNIVERSITY OPPORTUNITIES FOR GRADUATING STUDENTS- FINANCIAL SUPPORT CONTINUED TO MEET THE EXPENSE NEEDS OF THE MINISTRY- HELD THREE BOARD MEETINGS DURING THE YEAR- CONTINUED DISCUSSIONS ABOUT KS FUTURE MINISTRY PLANS AND GOALS AND PARTNERSHIP OPPORTUNITIES - STABLE STAFF, NO TURNOVER, GOOD COMMUNICATIONS BETWEEN US AND UGANDA TEAM

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $90,650
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $90,650

Expense Breakdown

Grants Paid $83,719
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $93,439
Other Expenses $10,041
TOTAL EXPENSES $93,760

Year-over-Year Comparison

2024 2023 Change
Revenue $90,650 $47,079 +0.9%
Expenses $93,760 $72,715 +0.3%
Net Income $-3,110 $-25,636 -0.9%
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

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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
12

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
2
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TONYA LATORRE DIRECTOR 2.00
Director
$0 $0 $0
CRAIG M LATORRE DIRECTOR 10.00
Director
$0 $0 $0
VICKI KING DIRECTOR 1.00
Director
$0 $0 $0
JIM KING PRESIDENT 30.00
Officer Director
$0 $0 $0
ERICA WEAVER VICE-PRESIDENT/TREASURER 15.00
Officer 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 $90,650 $93,760 $110,291 $-3,110
2023 $47,079 $72,715 $113,401 $-25,636
2022 $69,000 $78,980 $139,037 $-9,980
2021 $68,261 $69,179 $149,017 $-918
2020 $58,235 $64,904 $149,935 $-6,669
2019 $57,074 $106,549 $156,604 $-49,475
2018 $79,337 $91,164 $206,079 $-11,827
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