Kumveka is located in Richmond, VA. The organization was established in 2010. According to its NTEE Classification (Q19) the organization is classified as: Support N.E.C., under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2022, Kumveka employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kumveka 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 12/2022, Kumveka generated $27.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (34.1%) each year. All expenses for the organization totaled $266.5k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
KUMVEKA PROVIDES SERVICES TO INCLUDE, BUT NOT LIMITED TO MARKETING, BRANDING, COMMUNICATION PLANS AND MARKETING MATERIALS/APPLICATIONS TO CHRIST PRODUCED MINISTRIES AROUND THE WORLD
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dan Kennedy Executive Dir. | 40 | $153,840 | |
Fritz Kling Trustee | 0 | $0 | |
Nick Johnson Trustee | 0 | $0 | |
Randy Holmes Trustee | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,765 |
| Total Program Service Revenue | $20,800 |
| Membership dues | $0 |
| Investment income | $32 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $27,597 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $227,837 |
| Professional fees and other payments to independent contractors | $5,676 |
| Occupancy, rent, utilities, and maintenance | $9,720 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $23,285 |
| Total expenses | $266,518 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $14,609 |
| Other assets | $0 |
| Total assets | $14,609 |
| Total liabilities | $439 |
| Net assets or fund balances | $14,170 |
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