Kgwale Le Mollo Us
- Assets
- $18.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 07/2007
- Data as of
- 12/2023
- EIN
- 20-5905619
Organization Overview
Kgwale Le Mollo Us is located in Los Angeles, CA. The organization was established in 2007. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kgwale Le Mollo Us is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Kgwale Le Mollo Us generated $70.9k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $94.1k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE MISSION OF THE ORGANIZATION IS TO PROVIDE EDUCATIONAL OPPORTUNITIES TO YOUTHS IN UNDERSERVED RURAL COMMUNITIES IN SOUTH AFRICA. HISTORICALLY, KLIM US HAS WORKED WITH A SOUTH AFRICAN FOUNDATION OF SIMILAR NAME, THE KGWALE LE MOLLO FOUNDATION, AN ENTITY FORMED UNDER THE COMPANIES ACT N. 61 OF 1976 OF THE REPUBLIC OF SOUTH AFRICA ("KLM FOUNDATION"). KLM US EXPECTS TO CONTINUE TO WORK WITH KLM FOUNDATION IN IDENTIFYING SCHOLARSHIP RECIPIENTS AND PROVIDING SUCH RECIPIENT TUITION AND MAINTENANCE SCHOLARSHIPS. HOWEVER, KLM IS SEEKING TO EXPAND ITS GRANTING AND SUPPORT ACTIVITIES TO ADDRESS A WIDER RANGE OF NEEDS IN INDERSERVED RURAL COMMUNITIES IN SOUTH AFRICA. AS SUCH, IT IS LOOKING FOR, AND EXPECTING TO PARTNER WITH ORGANIZATIONS WORKING WITH STUDENTS ON COLLEGE MUSIC DEVELOPMENT ORGANIZATIONS, ORGANIZATIONS WORKING WITH STUDENTS ON COLLEGE PREPARATION, ORGANIZATION TEACHING SPECIFIC JOB TRAINING SKILLS OR THAT HAVE SPECIFIC LEADERSHIP DEVELOPMENT CURRICULAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sarah Oltmans President | 5 | $0 | |
Bowen Hsu Treasurer | 5 | $0 | |
Allison Howard Berry Director | 5 | $0 | |
Alan Toth Director | 5 | $0 | |
Anne Harris Director | 5 | $0 | |
Dale Mosier Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $83,395 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$12,460 |
| Other Revenue | $0 |
| Total Revenue | $70,935 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $3,432 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,375 |
| Total expenses | $94,096 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $18,724 |
| Other assets | $0 |
| Total assets | $18,724 |
| Total liabilities | $0 |
| Net assets or fund balances | $18,724 |