Africa Yoga Project Inc
- Assets
- $232.2k
- Revenue
- $369.7k
- Investments
- $0.0
- Employees
- 2
- Location
- Brooklyn, NY
- Founding
- 04/2009
- Data as of
- 12/2021
- EIN
- 26-2853513
Organization Overview
Africa Yoga Project Inc is located in Brooklyn, NY. The organization was established in 2009. According to its NTEE Classification (Q19) the organization is classified as: Support N.E.C., under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2021, Africa Yoga Project Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Africa Yoga 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 12/2021, Africa Yoga Project Inc generated $369.7k 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 (12.5%) each year. All expenses for the organization totaled $583.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.7%) per year over the past 7 years. 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
EDUCATES, EMPOWERS, ELEVATES AND EXPANDS EMPLOYABILITY WITH YOUTH IN AFRICA USING YOGA
Describe the Organization's Program Activity:
Part 3 - Line 4a
CULTURAL EXCHANGE - AN INTERNATIONAL EXCHANGE THAT BUILDS PROFESSIONAL COMPETENCE TO FULFILL THE ORGANIZATION'S MANDATE OF EMPOWERING, EDUCATING AND INCREASING EMPLOYABILITY FOR YOUTH IN AFRICA.
ACADEMY - TO CREATE OPPORTUNITIES FOR THE YOUTH OF AFRICA WHICH PROVIDES ACADEMIC PROGRAMING, YOGA TRAINING, SOCIAL ENTERPRISE, PROFESSIONAL SERVICES AND MENTAL HEALTH SUPPORT, AND FOR DISSEMINATION OF ESSENTIAL GOODS AND SERVICES AS COVID RELIEF.
SHINE CENTER STUDIO - A YOGA STUDIO OFFERING FREE COMMUNITY CLASSES AND SERVING PAID CLIENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paige Elenson Executive Director | Officer | 40 | $40,000 |
Laura Tropea Terpsma Secretary | OfficerTrustee | 1 | $0 |
Andreas Kidane Treasurer | OfficerTrustee | 1 | $0 |
Kristen Dollard Director | Trustee | 1 | $0 |
Britt Gwinner Director | Trustee | 1 | $0 |
Leena Gehlot Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $41,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $304,230 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $345,230 |
| Total Program Service Revenue | $24,287 |
| Investment income | $183 |
| 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 | $369,700 |
| 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 | $414,991 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $40,000 |
| Compensation of current officers, directors, key employees. | $1,200 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $21,825 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $8,342 |
| Payroll taxes | $4,730 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $14,700 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $38,653 |
| Advertising and promotion | $0 |
| Office expenses | $14,429 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,360 |
| All other expenses | $0 |
| Total functional expenses | $583,188 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $82,405 |
| Savings and temporary cash investments | $101,061 |
| Pledges and grants receivable | $38,725 |
| 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 | $9,287 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $742 |
| Total assets | $232,220 |
| Accounts payable and accrued expenses | $27,626 |
| Grants payable | $0 |
| Deferred revenue | $13,660 |
| 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 | $41,000 |
| Total liabilities | $82,286 |
| Net assets without donor restrictions | $20,023 |
| Net assets with donor restrictions | $129,911 |
| 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 | $232,220 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Africa Yoga Project Inc has recieved totaling $148,642.
| Awarding Organization | Amount |
|---|---|
Charities Aid Foundation America Alexandria, VA PURPOSE: CHARITABLE DONATION | $100,000 |
Tides Foundation San Francisco, CA PURPOSE: HEALTHY INDIVIDUALS AND COMMUNITIES | $46,842 |
Beyond Sport Foundation New York, NY PURPOSE: AWARDED TO THE WINNERS OF THE COURAGEOUS USE OF SPORT AWARD SUPPORTED BY WWE, WHICH CELEBRATES INSPIRATIONAL YOUTH AROUND THE WORLD THAT ARE USING SPORT TO IMPROVE THEIR COMMUNITIES; THESE GRANTS, AWARDED TO THEIR PARTNERED NONPROFITS, HELP THEM CONTINUE DOING THEIR GREAT WORK THROUGH SPORT. | $1,800 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pci-Media Impat Inc New York, NY | $614,361 | $2,829,865 |
International American Education Foundation Inc Buffalo, NY | $129,619 | $2,233,000 |
Dominican Republic Education And Mentoring Project Inc Milton, VT | $3,206,399 | $1,512,757 |
Kobo Inc Cambridge, MA | $804,179 | $590,824 |
Africa Yoga Project Inc Brooklyn, NY | $232,220 | $369,700 |
Nova Hope For Haiti Inc Emerson, NJ | $1,025,948 | $137,231 |
Hermano Pedro Social Works Foundation Mount Vernon, NY | $86,173 | $256,605 |
Armenian American Healthprofessionals Organization Inc Far Hills, NJ | $36,509 | $0 |
American International Schools Foundation Incorporated Princeton, NJ | $1,360,325 | $136,704 |
Friends Of The Institute Forzionist Strategies Brooklyn, NY | $99,541 | $0 |
Audia Caring Heritage Association Washington, PA | $760 | $0 |
Sacred Link Global Humanitarian Project Honesdale, PA | $4,503 | $2 |