MISSION KEEP THE FAITH BOLIVIA

EIN: 814717453 501(c)(3) Philanthropy & Grantmaking

BLOOMFIELD HILLS, MI

Total Revenue
$188,728
Total Expenses
$61,591
Total Assets
$169,947
Net Assets
$169,947
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
MI
Principal Officer
KATHLEEN CURRAN
Phone
2482009242
Tax Period
2024-01-01 to 2024-12-31

MISSION KEEP THE FAITH BOLIVIA, founded in 2016, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $189K in total revenue in fiscal year 2024. The organization ran a surplus of $127K, a strong 67% operating margin.

Mission

TO PROVIDE POOR BOLIVIAN CHILDREN AND YOUNG PEOPLE WITH ECONOMIC ASSISTANCE AND EMOTIONAL SUPPORT, ENABLING THEM TO RECEIVE A QUALITY EDUCATION AT THE PRIMARY, SECONDARY, OR UNIVERSITY LEVEL. A SECONDARY PURPOSE IS TO PROVIDE ECONOMIC ASSISTANCE FOR THOSE NEEDING EMERGENCY MEDICAL CARE IN BOLIVIA

Program Service Accomplishments

Program 1
Expenses: $54,885

PROVIDED FULL ROOM, BOARD, TUITION, TRANSPORTATION, AND EMOTIONAL AND SOCIAL FORMATION FOR UNIVERSITY STUDENTS LIVING IN THE MISSION HOME, LIVING IN A NEARBY ORPHANAGE, OR LIVING WITH FAMILY WHILE...

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PROVIDED FULL ROOM, BOARD, TUITION, TRANSPORTATION, AND EMOTIONAL AND SOCIAL FORMATION FOR UNIVERSITY STUDENTS LIVING IN THE MISSION HOME, LIVING IN A NEARBY ORPHANAGE, OR LIVING WITH FAMILY WHILE ATTENDING UNIVERSITY. PROVIDED TUITION AND SCHOOL SUPPLY ASSISTANCE TO APPROXIMATELY 200 PRIMARY AND SECONDARY SCHOOL STUDENTS. RAISED APPROXIMATELY 150,000 TOWARD OUR NEW HOUSE CONSTRUCTION.

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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 $184,773
Program Service Revenue $0
Investment Income $0
Other Revenue $3,955
TOTAL REVENUE $188,728

Expense Breakdown

Grants Paid $12,333
Salaries & Benefits $0
Fundraising Expenses $5,596
Program Expenses $54,885
Other Expenses $49,258
TOTAL EXPENSES $61,591

Year-over-Year Comparison

2024 2023 Change
Revenue $188,728 N/A N/A
Expenses $61,591 N/A N/A
Net Income $127,137 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

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Liquidity & Cash Position

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Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
14

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
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KATHLEEN CURRAN PRESIDENT 15.00
Officer
$0 $0 $0
THOMAS FERGUSON VICE PRESIDE 0.67
Officer
$0 $0 $0
DAWN MARIE HAUSMANN SECRETARY 0.67
Officer
$0 $0 $0
CORIE ELIZABETH PUNG TREASURER 0.67
Officer
$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
2025 No data No data No data No data
2024 $188,728 $61,591 $169,947 $127,137
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