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.

Program Service Accomplishments

Program 1
Expenses: $65,087 Revenue: $112,671

Community Centers Programs, Projects, and Food : During 2023, Wetsembekile Ministries maintained facilities and wells at 3 community centers, feeding orphaned and vulnerable children 6 days a week...

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Community Centers Programs, Projects, and Food : During 2023, Wetsembekile Ministries maintained facilities and wells at 3 community centers, feeding orphaned and vulnerable children 6 days a week. Providing food and clean water improved the lives of hundreds of orphaned and vulnerable children and surrounding community members. Because of storms, 1 roof of the community center had to be replaced. Wetsembekile Ministries staff and volunteers hosted fun days and weekly programs at the community centers to help children grow in being more physically, emotionally, relationally, and spiritually healthy. Wetsembekile provided basic hygiene supplies to over 400 children throughout 2023. At 2 of the community centers, playgrounds were constructed, providing a place for kids to be active but safe as they play.

Program 2
Expenses: $84,757 Revenue: $119,665

Benevolence and Community Outreach: In 2023, Wetsembekile Ministries continued to provide food, housing and basic household improvements for people with no or severly inadequate housing, funds for...

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Benevolence and Community Outreach: In 2023, Wetsembekile Ministries continued to provide food, housing and basic household improvements for people with no or severly inadequate housing, funds for medical help, and assistance in paying for transportation, uniforms and fees for school for struggling people in the community, including child-led homesteads. Homes were built for a single mother of 4 children and an widow caring for her grandchildren. The three wells and the water distribution systems established in prior years continue to provide clean water to over 250 homesteads. New school shoes were provided to over 300children at the beginning of the school year.

Program 3
Expenses: $268,839 Revenue: $247,618

Local Farm: Unemployment & food security are 2 of the biggest obstacles to people being holistically healthy in Eswatini. As part of Wetsembekiles vision to see health throughout the communities...

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Local Farm: Unemployment & food security are 2 of the biggest obstacles to people being holistically healthy in Eswatini. As part of Wetsembekiles vision to see health throughout the communities, Wetsembekile has purchased a 175 acre farm to grow food and provide jobs for local Swazis. In 2023 the land purchase was completed and local people began clearing the African bush so crops can be planted in the next year and beyond. In 2023, 80 people were impacted by the jobs provided at the farm, impacting close to 600 people when you include those living at their homesteads. Not only does this land serve as a living classroom and a source of food security, it also keeps families together, because parents can work close to home and be there for their children daily instead of just one weekend a month.

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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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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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