Waka Foundation Inc
- Assets
- $257.0k
- Revenue
- $6.7k
- Investments
- $224.1k
- Employees
- 0
- Location
- New York, NY
- Founding
- 09/1999
- Data as of
- 08/2023
- EIN
- 13-3973868
Organization Overview
Waka Foundation Inc is located in New York, NY. The organization was established in 1999. According to its NTEE Classification (E30) the organization is classified as: Ambulatory & Primary Health Care, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Waka Foundation 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 08/2023, Waka Foundation Inc generated $6.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (20.6%) each year. All expenses for the organization totaled $29.6k during the year ending 08/2023. As we would expect to see with falling revenues, expenses have declined by (14.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Waka Foundation Inc has awarded 116 individual grants totaling $168,479. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
JEWISH MUSEUM- PROVIDED SUPPORT FOR THEIR PROGRAMS AND ACTIVITIES
STONE BARN CENTER - PROVIDED SUPPORT FOR THEIR PROGRAMS AND ACTIVITIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hans Li President, Director | 2 | $0 | |
Carina Courtright Director | 1 | $0 | |
Molly Mcbride Director | 1 | $0 | |
Victoria Meyers Director | 1 | $0 | |
Jennifer Kouvant Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $5,537 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,116 |
| Capital Gain Net Income | $1,116 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $6,653 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $50 |
| Depreciation | $618 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $11,878 |
| Total operating and administrative expenses | $25,708 |
| Contributions, gifts, grants paid | $3,881 |
| Total expenses and disbursements | $29,589 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $25,438 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $6,779 |
| Other assets | $675 |
| Total assets | $256,998 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $166,984 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $166,984 |
Grants Awarded
Over the last fiscal year, Waka Foundation Inc has awarded $3,881 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN-SCANDINAVIAN FOUNDATION NEW YORK PURPOSE: GENERAL PURPOSE | $500 |
STONE BARNS CENTER FOR FOOD AND AGRICULTURE PURPOSE: GENERAL PURPOSE | $1,000 |
SHELBURNE FARMS PURPOSE: GENERAL PURPOSE | $250 |
THE JEWISH MUSEUM PURPOSE: GENERAL PURPOSE | $1,000 |
NEW YORK STATE SHERIFF'S INSTITUTE PURPOSE: GENERAL PURPOSE | $100 |
THE THRESHOLD FOUNDATION PURPOSE: GENERAL PURPOSE | $781 |