Overview
What is Christian Leaders For Africa Inc?
Christian Leaders For Africa Inc is a nonprofit organization located in Carmel, Indiana. Their primary focus is supporting the educational and financial needs of African faculty members at AIU, ensuring their salaries and living expenses are adequately covered. The organization manages endowment funds for certain faculty members, allocated according to their respective departments, such as Biblical Studies and Islamic Studies. These funds are raised and invested in the U.S. Christian Leaders For Africa Inc also contributes to the Christian theological education of local leaders in Kenya and various parts of Africa, providing scholarships at undergraduate, Masters, and PhD levels. Additionally, they engage in library and seminary expansion programs to further enhance educational opportunities.
Official website here: www.clafrica.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
Christian Leaders For Africa Inc has achieved an impressive four-star rating from Charity Navigator, reflecting a strong commitment to accountability and finance. The organization scored 100% in several key areas, including independent board membership and the absence of any material diversion of assets, indicating solid governance practices. Their transparency is further enhanced by having a well-documented conflict of interest policy and a whistleblower policy in place.
The organization allocates a substantial portion of its expenses to programs, with a program expense ratio of 76%. This shows that the majority of funds are directed towards fulfilling the nonprofit's mission rather than administrative costs. Their liabilities to assets ratio is also exemplary, standing at 0%, which suggests a strong financial position and low risk of insolvency.
Overall, Christian Leaders For Africa Inc stands out for its effective financial management and governance practices. While the data highlights many strengths, there are no specific limitations noted, indicating a well-run organization dedicated to its cause.
This AI summary has been generated from information found on Charity Navigator.
Is Christian Leaders For Africa Inc legitimate?
Christian Leaders For Africa Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Christian Leaders For Africa Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $43,560
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.clafrica.com
What is the mission statement of Christian Leaders For Africa Inc?
Christian Leaders For Africa Inc's mission is centered around promoting Christian theological education for local leaders across Africa. They achieve this by providing scholarships for undergraduate, Masters, and PhD programs, supporting African professors, expanding library and seminary facilities, and managing endowment funds for faculty salaries and living expenses. The organization's primary focus is to ensure that African faculty at AIU have sufficient compensation, utilizing funds raised by Christian Leaders For Africa Inc.
Official website here: www.clafrica.com
What is the revenue of Christian Leaders For Africa Inc?
Christian Leaders For Africa Inc's revenue in 2024 was $829,015.
Official website here: www.clafrica.com
Who are the executives of Christian Leaders For Africa Inc and what are their salaries?
There 10 volunteers at Christian Leaders For Africa Inc.
Here are 10 key members and their salaries:
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- Compensation: $43,560
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Official website here: www.clafrica.com
Where can I find the form 990 for Christian Leaders For Africa Inc?
Christian Leaders For Africa Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.clafrica.com
Learn more at the official website: www.clafrica.com
Mission Statement of Christian Leaders For Africa Inc
Christian Leaders For Africa, as the name suggests, is an organization dedicated to promoting Christian theological education and training for local leaders across Kenya and Africa. Their mission is to invest in the academic growth of these leaders through various means, such as offering undergraduate, Masters, and PhD scholarships. Beyond scholarships, they also provide support for African professors, ensuring their salaries and living expenses are sufficient. Furthermore, CLA manages endowment funds for specific departments within the organization, including Biblical Studies and Islamic Studies, which are raised and invested in the United States. In essence, Christian Leaders For Africa is committed to empowering African leaders through quality education and financial assistance, thereby contributing to the growth and strengthening of the Christian community in Africa.
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Impact
July, 2024
Christian Leaders For Africa Inc's impact can be seen in the promotion of Christian theological training and education for local leaders in Kenya and throughout Africa. The organization supplements faculty support for full-time African professors, ensuring that their salaries and living expenses are adequately covered. By managing endowment funds for faculty members in departments such as Biblical Studies and Islamic Studies, Christian Leaders For Africa Inc contributes to the growth and development of theological education in Africa. Through its investment in scholarships, faculty support, and library and seminary expansion programs, the organization plays a crucial role in nurturing a new generation of Christian leaders on the continent.
This information is meant to be a general summary of Christian Leaders For Africa Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $60,501
- Gross Receipts: $1,019,479
Assets and Liabilities:
- Total Assets: $1,825,213
- Total Liabilities: $0
- Net Assets: $1,825,213
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Organization Details
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