Konkourona Alliance Foundation Kafo Inc is located in Norristown, PA. 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. Konkourona Alliance Foundation Kafo 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 04/2023, Konkourona Alliance Foundation Kafo Inc generated $240.3k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $291.3k during the year ending 04/2023. While expenses have increased by 8.4% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
KAFO WORKS TO BREAK THE CYCLE OF POVERTY IN KONKOURONA. KAFO AIMS TO BRING HOPE AND OPPORTUNITIES TO THE PEOPLE LIVING IN KONKOURONA, BURKINO FASO THROUGH ACCESS TO EDUCATION, HEALTHCARE, WATER AND SANITATION IN OUR FIRST MILE COMMUNITY DEVELOPMENT PROGRAM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FUNDS WERE USED TO BEGIN RENOVATION OF AN EXISTING BUILDING, AND BOOKS, SHELVES, TABLES AND CHAIRS WERE PURCHASED. THE LIBRARY IS INTENDED FOR USE TO EXPAND EDUCATIONAL OPPORTUNITIES FOR COMMUNITY MEMBERS OF ALL AGES. THE LIBRARY WAS COMPLETED AND OPENED IN SEP-2022.
UNTIL NOW, THERE HAS BEEN NO HEALTHCARE AVAILABLE TO THE COMMUNITY OF KONKOURONA. THE NEAREST HOSPITAL IS APPROXIMATELY 50 MILES AWAY, THERE ARE NO CARS IN THE COMMUNITY AND TRANSPORTATION IS GENERALLY LIMITED TO WALKING OR BIKING. BURKINA FASO HAS AMONG THE HIGHEST MATERNAL AND CHILD MORTALITY RATES AND LOWEST LIFE EXPECTANCY RATES IN THE WORLD. A NEW HEALTHCARE CENTER WAS BUILT TO INCLUDE A MATERNAL AND CHILD FACILITY, A GENERAL PRACTICE FACILITY, A PHARMACY, LATRINES, HOUSING FOR HEALTH WORKERS, AND A LAUNDRY AREA. THE HEALTHCARE CENTER WAS OPENED IN DEC-2022.
STUDENTS IN KONKOURONA HAVE LIMITED ACCESS TO BOOKS, EDUCATIONAL MATERIALS (E.G. RULERS, COMPASSES, MAPS, COMPUTERS, ETC.) AND THERE IS NO MIDDLE SCHOOL, HIGH SCHOOL, TECHNICAL SCHOOL, OR UNIVERSITY IN KONKOURONA. THE SPONSOR A CHILD PROGRAM IS USED TO ENSURE THAT EVERY CHILD IN KONKOURONA HAS ACCESS TO EDUCATION. KAFO PROVIDES FUNDING FOR TUITION, BOOKS, BIKES, COMPUTERS, LUNCHES, CLOTHING, SHOES, ETC., AS NEEDED FOR STUDENTS TO ATTEND ELEMENTARY SCHOOL IN KONKOURONA AND MIDDLE SCHOOL, TECHNICAL SCHOOL, HIGH SCHOOL AND UNIVERSITIES IN OTHER VILLAGES AND TOWNS.APPROXIMATELY 350 CHILDREN WERE SUPPORTED IN THE FISCAL YEAR.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Roland Sutter Director | Trustee | 0 | $0 |
Irene Millogo Director | Trustee | 0 | $0 |
Gail Houseman Director | Trustee | 0 | $0 |
Catherine Hoath Secretarytreasurer | OfficerTrustee | 0 | $0 |
Jules Millogo President | OfficerTrustee | 0 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $240,290 |
Noncash contributions included in lines 1a–1f | $31,920 |
Total Revenue from Contributions, Gifts, Grants & Similar | $240,290 |
Total Program Service Revenue | $0 |
Investment income | $8 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $240,298 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $11,030 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $13,420 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $3,434 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $1,877 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $291,269 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $5,125 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $5,125 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $5,125 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $5,125 |