Public Charity

CONGO INITIATIVE USA INC

CONGO INITIATIVE USA INC is a Public Charity headquartered in RALEIGH, NC. Financial data from the 2024 filing: $912K revenue, $1.2M expenses, $480K total assets. 41 publicly reported grants to this organization, totaling roughly $2.2M, appear in IRS filings.

EIN: 203467419 RALEIGH, NC Universities NTEE: B43 Latest filing: 2024
Total Revenue$912K
Total Expenses$1.2M
Total Assets$480K
Grant Records41
Funding Total$2.2M
Filing Years2020–2024

Mission

THE MISSION OF CONGO INITIATIVE USA IS TO PROMOTE CHRISTIAN HIGHER EDUCATION, LEADERSHIP FORMATION, AND COMMUNITY TRANSFORMATION IN THE DEMOCRATIC REPUBLIC OF CONGO (DRC). THIS MISSION WILL BE ACCOMPLISHED BY, AMONG OTHER MEANS, PROVIDING FINANCIAL AND PERSONNEL SUPPORT FOR CONGO INITIATIVE - UNIVERSITE CHRETIENNE BILINGUE DU CONGO, AN EDUCATION INSTITUTION ORGANIZED AND EXISTING UNDER THE LAWS OF THE DRC.

Where $100 goes at Congo Initiative USA Inc

How Congo Initiative USA Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$77 Programs the work itself
$15 Management running the organization
$8 Fundraising raising the next dollar

Inside the $77 for programs

$63
Supporting services through management and general administrative services along with fundraising services
82% of program spending
$13
Accomplishment 1
17% of program spending
$1
Accomplishment 3
1% of program spending

Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.

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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

DIRECTOR Ann Mastergeorge
TREASURER Bethany Wolcott
SECRETARY Caroline Kolins
DIRECTOR Christen Price
DIRECTOR Emma Smith Cain
DIRECTOR Francine Nabintu

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$1,154,606 26 grants
Education
$83,941 6 grants
International Aid & Development
$50,292 2 grants
Unspecified
$923,976 7 grants

Financial Trends

Year Revenue Expenses Assets
2024 $912K $1.2M $480K
2023 $1.2M $1.2M $749K
2022 $408K $169K $780K
2021 $1.6M $1.3M $645K
2020 $1.1M $1.3M $413K

Between 2020 and 2024, reported annual revenue declined from $1.1M to $912K (-20%), with total assets most recently reported at $480K.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for CONGO INITIATIVE USA INC

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