Escala Initiative Inc
- Assets
- $103.7k
- Revenue
- $446.9k
- Investments
- $0.0
- Employees
- 2
- Location
- Fairfield, NJ
- Founding
- 01/2011
- Data as of
- 04/2023
- EIN
- 27-2704326
Organization Overview
Escala Initiative Inc is located in Fairfield, NJ. The organization was established in 2011. 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. As of 04/2023, Escala Initiative Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Escala Initiative 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 04/2023, Escala Initiative Inc generated $446.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $625.2k during the year ending 04/2023. While expenses have increased by 10.0% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
ORGANIZATION FORMED EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL, SCIENTIFIC, RELIGIOUS AND OTHER PURPOSES. (COLLECTIVELY, "CHARITABLE PURPOSES") AS SPECIFIED IN IRS CODE SEC. 501(C)(3). THE ORGANIZATION SHALL ENGAGE IN CHARITABLE ACTIVITIES AND PROVIDING EDUCATION WHICH FOCUSES ON EMPOWERING DISADVANTAGED ENTREPRENEURS AND ARTISANS - THE MAJORITY OF WHOM ARE WOMEN - WHO LIVE IN POVERTY AROUND THE WORLD. THE ORGANIZATION PROVIDES BASIC EDUCATION AND GIVES PEOPLE THE TOOLS TO BUILD THE FUTURE THEY WANT FOR THEMSELVES, THEIR FAMILIES AND THEIR COMMUNITIES. THROUGH ESCALA'S RENOWNED BUSINESS SCHOOL AND CAPACITY BUILDING PROGRAM, WOMEN AND OTHER FROM LOW RESOURCE COMMUNITIES ARE LEARNING HOW TO BECOME PROFITABLE AND SELF-SUFFICIENT ENTREPRENEURS, HELPING THEM EARN A DIGNIFIED LIVING INCOME AND BETTER SERVE THEIR COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WITH OVER 25 TRANSFORMATIVE PROJECTS, ESCALA HAS ALWAYS BEEN DEDICATED TO ALLEVIATING POVERTY AND HELPING PEOPLE REACH THEIR FULL POTENTIAL THROUGH FEMALE-FOCUSED ENTREPRENEURIAL EDUCATION. OUR PROGRAMS AND CURRICULUM PROVIDE WOMEN AND OTHERS FROM LOW-RESOURCE COMMUNITIES THE NECESSARY KNOWLEDGE AND RESOURCE TO BECOME PROFITABLE AND SELF-SUFFICIENT ENTREPRENEURS, HELPING THEM EARN A LIVING INCOME. OUR WORK ENSURES PEOPLE HAVE THE ECONOMIC MEANS TO SUPPORT THEMSELVES AND THEIR FAMILIES, BUILDING BRIGHTER FUTURES AND MORE RESILIENT COMMUNITIES FOR GENERATIONS TO COME. OUR GOAL IS TO PROVIDE THIS SUPPORT TO ALL WHO NEED IT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lawrence S Coben Executive Director | OfficerTrustee | 30 | $15,599 |
Doug Dunn Secretary Director | OfficerTrustee | 0 | $0 |
John Crary Treasurer Director | OfficerTrustee | 0 | $0 |
Melik Kaylan Director | Trustee | 0 | $0 |
Maureen Miskovic Chief Operating Officer | OfficerTrustee | 40 | $50,000 |
Charles Stanish Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $446,843 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $446,843 |
| Total Program Service Revenue | $0 |
| Investment income | $9 |
| 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 | $446,852 |
| 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 | $516,496 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $15,599 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $50,000 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $27,509 |
| Payroll taxes | $5,937 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,198 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,912 |
| Advertising and promotion | $596 |
| Office expenses | $0 |
| 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 | $0 |
| All other expenses | $0 |
| Total functional expenses | $625,247 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $103,657 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $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 | $0 |
| Total assets | $103,657 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $103,657 |
| Total liabilities and net assets/fund balances | $103,657 |