Moving Windmills Project Inc
- Assets
- $478.7k
- Revenue
- $559.0k
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 08/2008
- Data as of
- 12/2022
- EIN
- 26-2381809
Organization Overview
Moving Windmills Project Inc is located in New York, NY. The organization was established in 2008. According to its NTEE Classification (Q32) the organization is classified as: International Economic Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Moving Windmills Project 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 12/2022, Moving Windmills Project Inc generated $559.0k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 66.1% each year . All expenses for the organization totaled $267.6k during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO DEVELOP AND PROMOTE PROJECTS THAT BENEFIT POOR AND DISTRESSED COMMUNITIES BY STIMULATING THEIR ECONOMIES, CREATING JOBS, AND ALLEVIATING CONDITIONS ASSOCIATED WITH POVERTY. TO IDENTIFY FUTURE LEADERS WITHIN POOR COMMUNITIES AND PROVIDE THEM WITH OPPORTUNITIES TO ACQUIRE NEW SKILLS AND EXPERIENCE TO HELP LIFT THEIR COMMUNITIES OUT OF POVERTY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PHASE ZERO WILL SET THE STAGE FOR THE MOVING WINDMILLS INNOVATION CENTER. DESIGNED TO INSPIRE AND UPLIFT COMMUNITIES THROUGHOUT KASUNGU WHILE CREATING A PIPELINE OF TALENTED YOUTH THAT WILL BE THE FIRST COHORTS AT THE INNOVATION CENTER.
SCHOOL SOLARIZATION AND COMMUNITY LEAGUE
VILLAGE DEVELOPMENT-DEVELOPING THE VILLAGE THROUGH PUBLIC IMPROVEMENT PROJECTS WHICH CHANGE AS NEEDS CHANGE. SOME PROJECTS INCLUDING: PROVIDING WINDMILLS TO SUPPLY ELECTRICITY, EVALUATING AND IMPROVING HEALTHCARE, BUILDINGAND MAINTAINING VILLAGE STRUCTURES, AND WATER SANITATION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas P Rielly President | Trustee | 5 | $0 |
Michael Markiewicz Treasurer | Officer | 1 | $0 |
Emeka Okafor Secretary | Officer | 1 | $0 |
Edith Sikelo Board Member | Officer | 1 | $0 |
Blessings Chikakula Board Member | Officer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $533,835 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $8,651 |
| Noncash contributions included in lines 1a–1f | $31,773 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $542,486 |
| Total Program Service Revenue | $16,464 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $558,950 |
| 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 | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $46,070 |
| Advertising and promotion | $0 |
| Office expenses | $745 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $22,421 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $530 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,928 |
| Insurance | $0 |
| All other expenses | $14,653 |
| Total functional expenses | $267,613 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $236,025 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $13,907 |
| 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 | $0 |
| Net Land, buildings, and equipment | $224,747 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $4,070 |
| Other assets | $0 |
| Total assets | $478,749 |
| Accounts payable and accrued expenses | $11,124 |
| 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 | $98,655 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $109,779 |
| Net assets without donor restrictions | $23,597 |
| Net assets with donor restrictions | $345,373 |
| 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 | $478,749 |