Wetsembekile Ministries

EIN: 813591289 501(c)(3) International Affairs

Centennial, CO

Total Revenue
$511,955
Total Expenses
$449,232
Total Assets
$100,443
Net Assets
$98,411
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
CO
Principal Officer
Steve Anderson
Phone
9706992047
Tax Period
2023-01-01 to 2023-12-31

Wetsembekile Ministries, founded in 2016, is a small nonprofit in the International Affairs sector that reported $512K in total revenue in fiscal year 2023. Revenue surged 154% from the prior year, signaling strong growth momentum. Expenses of $449K left a modest 12% surplus.

Mission

The primary purpose for which Wetsembekile Ministries exists is to come alongside rural and impoverished communities in Eswatini(Swaziland), Africa, to see churches becoming healthy and taking care of the physical, spiritual, and relational needs of their communities.

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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 (2023)

Revenue Breakdown

Contributions & Grants $511,955
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $511,955

Expense Breakdown

Grants Paid $348,990
Salaries & Benefits $86,120
Fundraising Expenses $19,099
Program Expenses $418,683
Other Expenses $14,122
TOTAL EXPENSES $449,232

Year-over-Year Comparison

2023 2022 Change
Revenue $511,955 $201,440 +1.5%
Expenses $449,232 $213,596 +1.1%
Net Income $62,723 $-12,156 -6.2%
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

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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
5
Independent Members
3
Employees
2
Volunteers
73

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
4
$80,000
Total Directors
5
$80,000
Key Employees
2
$80,000
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Steve Anderson President 2.00
Officer Director
$0 $0 $0
Mxolisi Myeni Vice President 40.00
Officer Director Key Emp
$50,000 $0 $50,000
Erica Myeni Secretary 20.00
Officer Director Key Emp
$30,000 $0 $30,000
Brent Corrigan Treasurer 2.00
Officer Director
$0 $0 $0
Dan Hallock Board Member 1.00
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 $511,955 $449,232 $100,443 $62,723
2022 $201,440 $213,596 $37,393 $-12,156
2018 $128,833 $135,041 $40,590 $-6,208
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