Yamba Malawi Inc
- Assets
- $2.5m
- Revenue
- $3.4m
- Investments
- $130.3k
- Employees
- 7
- Location
- New York, NY
- Founding
- 08/2006
- Data as of
- 12/2021
- EIN
- 20-4626448
Organization Overview
Yamba Malawi Inc is located in New York, NY. The organization was established in 2006. According to its NTEE Classification (P30) the organization is classified as: Children & Youth Services, under the broad grouping of Human Services and related organizations. As of 12/2021, Yamba Malawi Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Yamba Malawi 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 12/2021, Yamba Malawi Inc generated $3.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.6% each year . All expenses for the organization totaled $2.2m during the year ending 12/2021. While expenses have increased by 9.8% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
YAMBA MALAWI TRANSFORMS CHILDREN'S LIVES BY EMPOWERING COMMUNITIES TO BREAK THE CYCLE OF POVERTY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2021, YAMBA MALAWI IMPACTED THE LIVES OF OVER 55,000 CHILDREN AND THEIR COMMUNITIES BY EMPOWERING EIGHT CBO PARTNERS TO IMPROVE THE QUALITY AND QUANTITY OF THE SAFETY NET SERVICES THEY PROVIDE TO VULNERABLE CHILDREN, AND BY LAUNCHED 876 HOUSEHOLDS ON A PATHWAY OUT OF EXTREME POVERTY. AT THE COMMUNITY LEVEL, THIS RESULTED IN NUTRITIOUS SCHOOL MEALS FOR THOUSANDS OF CHILDREN AND 76 SECONDARY SCHOOL SCHOLARSHIPS. WE PROVIDED COMMUNITY-BASED TRAININGS IN 2021 IN TOPICS LIKE CHILD PROTECTION, NUTRITION, AND WASH NEEDS TO CAREGIVERS AND COMMUNITY LEADERS. THESE TRAININGS EMPOWER CAREGIVERS AND LEADERS TO PROVIDE BETTER CARE TO CHILDREN, AND EMPOWER COMMUNITY LEADERS TO ADVOCATE FOR BETTER POLICIES AND SERVICES FOR CHILDREN IN THE FUTURE. AT THE HOUSEHOLD LEVEL, WE PARTNERED WITH 754 HOUSEHOLDS CARING FOR OVER 2,500 VULNERABLE CHILDREN, AND CONDUCTED TRAINING SESSIONS AND 2,952 HOME VISITS FOR THESE CAREGIVERS. AS A RESULT OF THEIR NEW BUSINESSES, THESE HOUSEHOLDS SAW AN AVERAGE 38% INCREASE IN THEIR ANNUAL INCOME. AS WELL AS EARNING MORE, THESE CAREGIVERS PARTICIPATED IN 87 VILLAGE SAVINGS & LOAN GROUPS AS A RESULT OF THE PROGRAM IN 2021, PROVIDING TRANSFORMATIONAL ACCESS TO SAVINGS AND TRAINING IN FINANCIAL PLANNING FOR THE FIRST TIME.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathleen Rommel VP Communications & Development | 40 | $127,456 | |
Peter Twyman Board Member/former Exec. Director | Trustee | 1 | $122,584 |
Melissa Kushner Chair | OfficerTrustee | 10 | $0 |
Abby Doft Vice Chair | OfficerTrustee | 1 | $0 |
Stephen Murray Treasurer | OfficerTrustee | 1 | $0 |
Meryl Levin Secretary | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $840,590 |
| Related organizations | $0 |
| Government grants | $111,389 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,430,228 |
| Noncash contributions included in lines 1a–1f | $1,716 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,382,207 |
| Total Program Service Revenue | $0 |
| Investment income | $167 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$45 |
| Net Income from Fundraising Events | -$27,862 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,362,151 |
| 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 | $1,140,306 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $135,680 |
| Compensation of current officers, directors, key employees. | $8,605 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $479,004 |
| Pension plan accruals and contributions | $8,520 |
| Other employee benefits | $41,981 |
| Payroll taxes | $42,300 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $22,080 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $67,671 |
| Advertising and promotion | $28,037 |
| Office expenses | $33,876 |
| Information technology | $14,113 |
| Royalties | $0 |
| Occupancy | $12,728 |
| Travel | $9,017 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $12,151 |
| Interest | $4,165 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $8,149 |
| Insurance | $1,846 |
| All other expenses | $0 |
| Total functional expenses | $2,241,167 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,013,456 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,310,198 |
| 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 | $6,254 |
| Net Land, buildings, and equipment | $3,332 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $130,341 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,463,581 |
| Accounts payable and accrued expenses | $47,475 |
| 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 | $161,269 |
| Total liabilities | $208,744 |
| Net assets without donor restrictions | $653,766 |
| Net assets with donor restrictions | $1,601,071 |
| 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 | $2,463,581 |
Grants Recieved
Over the last fiscal year, we have identified 12 grants that Yamba Malawi Inc has recieved totaling $724,297.
| Awarding Organization | Amount |
|---|---|
Theodore J Forstmann Charitable Trust New York, NY PURPOSE: GENERAL EXEMPT PURPOSE | $500,000 |
The Coca-Cola Foundation Inc Atlanta, GA PURPOSE: PROJECT EXTENSION: YEARS 2 AND 3 OF THE CHILDHOODS AND LIVELIHOODS PROGRAM IN KHONGONI | $50,000 |
David Weekley Family Foundation Houston, TX PURPOSE: EDUCATION | $50,000 |
Mayberg Foundation Inc Chevy Chase, MD PURPOSE: SUPPORT PROGRAMMING | $36,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $35,895 |
Kenneth And Claudia Silverman Family Foundation Basking Ridge, NJ PURPOSE: GENERAL CHARITABLE | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Folium Inc Chambersburg, PA | $14,596,128 | $25,665,038 |
Childrens Home Society Of New Jersey Trenton, NJ | $28,155,049 | $20,262,736 |
Kidspeace National Centers Of New England Inc Schnecksville, PA | $8,095,792 | $17,415,455 |
Glade Run Lutheran Services Zelienople, PA | $21,485,786 | $18,765,476 |
Friendship House Scranton, PA | $19,332,908 | $21,173,767 |
Williamsburg Infant And Early Childhood Development Center Inc Brooklyn, NY | $10,947,816 | $17,829,404 |
Community Counseling And Mediation Service Inc Brooklyn, NY | $22,401,444 | $19,970,012 |
Kidspeace National Centers Of North America Inc Schnecksville, PA | $6,013,176 | $16,966,770 |
Nia Community Services Network Inc Brooklyn, NY | $7,654,116 | $16,388,426 |
Girls Who Code Inc New York, NY | $56,064,304 | $28,119,627 |
United Activities Unlimited Staten Island, NY | $5,094,219 | $15,508,941 |
Auberle Mckeesport, PA | $5,710,506 | $15,397,907 |