Chisomo Idea Inc
- Assets
- $20.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- San Diego, CA
- Founding
- 06/2009
- EIN
- 26-4125139
Organization Overview
Chisomo Idea Inc is located in San Diego, CA. The organization was established in 2009. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chisomo Idea Inc 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 undefined, Chisomo Idea Inc generated $55.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.1%) each year. All expenses for the organization totaled $57.3k during the year ending undefined. As we would expect to see with falling revenues, expenses have declined by (9.0%) per year over the past 7 years. 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
Describe the Organization's Program Activity:
Part 3
WE HAVE THREE DISTINCT PROJECTS OF FOCUS; ALL OF WHICH UNIQUELY COMMUNICATE THE IDEA OF CHISOMO (GRACE).CHILDREN CENTERS: WE HAVE AFTER-SCHOOL LEARNING CENTERS FOR CHILDREN WHO LIVE IN THE VILLAGES. OBJECTIVES: GENERAL EDUCATION, HEALTH AND HYGIENE EDUCATION, SPORTS AND RECREATION, AND SPIRITUAL DEVELOPMENT [DISCIPLESHIP]. THEATER OF DREAMS: WE RUN SPORTS CLINICS IN STRATEGIC LOCATIONS AROUND LILONGWE, MALAWI, WITH THE GOAL OF OPENING A SPORTS ACADEMY. OBJECTIVES: SPORT-SPECIFIC SKILL DEVELOPMENT, COMMUNITY DEVELOPMENT, GENERAL EDUCATION, AND SPIRITUAL DEVELOPMENT [DISCIPLESHIP]. LEADERSHIP DEVELOPMENT: WE RUN AGE AND GENDER-SPECIFIC SEMINARS AND CONFERENCES FOR YOUTH. OBJECTIVES: PRACTICAL LEADERSHIP TRAINING, COMMUNITY DEVELOPMENT, GENERAL EDUCATION, AND SPIRITUAL DEVELOPMENT [DISCIPLESHIP].
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Noel Musicha President | 20 | $0 | |
Melissa Musicha Secretary | 20 | $0 | |
Derek Hess Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $55,194 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $55,194 |
| Statement of Expenses | |
|---|---|
| Total expenses | $57,349 |
| Balance Sheet | |
|---|---|
| Total assets | $20,630 |
| Total liabilities | $302 |
| Net assets or fund balances | $20,328 |