Rukwa Foundation EIN 86-1936816

Rukwa Foundation

EIN  86-1936816 Public foundation / grantmaker Suffield, CT
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Supports health and education in Tanzania.
Leadership
Patrick Keane · President
Money in and out
$176K revenue, $212K expenses
Bottom line
98% program efficiency

Supports health and education in Tanzania. For fiscal year 2024 it reported $176K in revenue, $212K in expenses, and $168K in net assets.Pt I

Grants paid & assets · FY2024
Total revenue
$176K
Pt VIII · Ln 12
Total expenses
$212K
Pt IX · Ln 25
Net assets
$168K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$36K
Where spending went · Part IX cols B–D
Program services $0.98 Management & general $0.02
Program efficiency
98%
of spending reaches programs0% vs prior filing year
Operating runway
9.5mo
months of highly liquid reserves at operating expense rate▲ +20% vs prior filing year
Surplus margin
-20%
revenue over expenses, this year▲ +44% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$176K
FY2024▼ -23%
Expenses
$212K
FY2024▼ -32%
Total assets
$168K
FY2024▼ -18%
Total liabilities
$0
FY2024
Total revenue
$176K
Pt VIII · Ln 12
Total expenses
$212K
Pt IX · Ln 25
Net assets
$168K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$36K
Total assetsPt X · Ln 16$168K
Program-expense ratioPt IX · col B98%
Voting members of governing bodyPt I · Ln 3pending
Independent voting membersPt I · Ln 4pending
Mission & Programs · Part III

Where the work happens

1 program service account for $207K of program spending, described in the organization's own filed words · FY2024.
01

Grants to support health through drilling clean water wells and education through supporting schools in tanzania

$207Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CRukwa Foundation
EINHdr · item D86-1936816
Principal addressHdr · item CSuffield, CT
WebsiteHdr · item Jwww.rukwafoundation.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCT
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T99)
Ruling yearIRS BMFAug 2021

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1apending
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
Treasurer/Secretary
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants$169K · 96%
Investment income$7K · 4%
Contributions & grants96%$169K
Investment income4%$7K
Total revenueLn 12$176K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.98 Management & general $0.02
Program services98%$207K
Management & general2%$5K
Total functional expensesLn 25$212K

Balance Sheet

Part X · end of year
CashLn 1$25K
Total assetsLn 16$168K
Total liabilitiesLn 26$0
Total net assetsLn 32$168K
Months of cash on handcomputed1.4

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $168K · Operating expenses/yr $212K
9.5 months
Where the money goes
Program services
Program services $207K · Total expenses $212K
98%
Management & General
Management & general $5K · Total expenses $212K
2%
Fundraising
Fundraising $0 · Total expenses $212K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $242K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $169K · Total revenue $176K
96%
Government reliance
Government grants — · Total revenue $176K
Earned-income share
Program service revenue $0 · Total revenue $176K
0%
Investment reliance
Investment income $7K · Total revenue $176K
+4%
Program self-sufficiency
Program service revenue $0 · Total expenses $212K
0%
Growth & trend
Revenue growth (YoY)
This year $176K · Prior year $228K
-23%
Net-asset trend (YoY)
End of year $168K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $176K · Expenses $212K
-20%
Liabilities-to-Assets
Total liabilities — · Total assets $168K
Net-asset ratio
Net assets $168K · Total assets $168K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $143K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $168K
85%
People & payroll
Highest Reported Total Compensation
Individual Patrick Keane · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $212K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $212K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 98%
Overhead ratio 2%
Fundraising cost ratio 0%
Revenue growth -23%
Legal fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$38K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$176K revenue · viewing · ⤓ 990 PDF
FY2023$228K revenue · ⤓ 990 PDF
FY2022$337K revenue · ⤓ 990 PDF
FY2021$28K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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