AFRICANS REACHING AFRICA INC

EIN: 824229023 501(c)(3) International Affairs

GRANGER, IN

Total Revenue
$1,035,202
Total Expenses
$851,550
Total Assets
$1,535,286
Net Assets
$1,535,276
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
IN
Principal Officer
WILLIAM NELSON
Phone
5742475898
Tax Period
2024-01-01 to 2024-12-31

AFRICANS REACHING AFRICA INC, founded in 2018, is a community nonprofit in the International Affairs sector that reported $1.0M in total revenue in fiscal year 2024. Revenue grew 8% year-over-year, indicating healthy expansion. The organization ran a surplus of $184K, a strong 18% operating margin.

Mission

IT IS THE MISSION AND PURPOSE OF AFRICANS REACHING AFRICA, INC. TO TRAIN AND SUPPORT AFRICAN CHRISTIANS TO REACH OUT TO OTHER AFRICANS IN AFRICA BY SHARING THE LOVE OF JESUS THROUGH BOTH WORD AND DEED. WE PROVIDE CHRISTIAN EDUCATION AND TRAINING, ADMINISTRATIVE AND FINANCIAL SUPPORT AND ENCOURAGEMENT AS THEY PARTICIPATE IN ACTIVITIES THAT MEET THAT PURPOSE.

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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 $974,707
Program Service Revenue $0
Investment Income $60,495
Other Revenue $0
TOTAL REVENUE $1,035,202

Expense Breakdown

Grants Paid $0
Salaries & Benefits $75,355
Fundraising Expenses $8,783
Program Expenses $794,324
Other Expenses $776,195
TOTAL EXPENSES $851,550

Year-over-Year Comparison

2024 2023 Change
Revenue $1,035,202 $955,306 +0.1%
Expenses $851,550 $639,156 +0.3%
Net Income $183,652 $316,150 -0.4%
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
10
Independent Members
10
Employees
1
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
4
$70,000
Total Directors
10
$70,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WILLIAM NELSON PRESIDENT 40.00
Officer Director
$70,000 $0 $70,000
JOSETTE CHAMBERLAIN BOARD MEMBER N/A
Director
$0 $0 $0
TIMOTHY CHAMBERLAIN VICE-PRESIDE N/A
Officer Director
$0 $0 $0
MITCHEL HELMKAMP BOARD MEMBER N/A
Director
$0 $0 $0
DAVID JONES BOARD MEMBER N/A
Director
$0 $0 $0
KEVIN KORHORN BOARD MEMBER N/A
Director
$0 $0 $0
LORI KORHORN BOARD MEMBER N/A
Director
$0 $0 $0
JENNIFER NELSON SECRETARY N/A
Officer Director
$0 $0 $0
DOUGLAS NIEMEYER BOARD MEMBER N/A
Director
$0 $0 $0
MICHAEL WILCZEK TREASURER N/A
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 $1,035,202 $851,550 $1,535,286 $183,652
2023 $955,306 $639,156 $1,348,661 $316,150
2022 $882,801 $475,791 $1,037,225 $407,010
2021 $669,897 $331,019 $634,938 $338,878
2020 $342,943 $191,628 $345,574 $151,315
2019 $252,921 $167,036 $146,493 $85,885
2018 $140,842 $88,456 $54,815 $52,386
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