Ja Worldwide Inc
- Assets
- $1.6m
- Revenue
- $2.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Boston, MA
- Founding
- 03/2014
- Data as of
- 06/2022
- EIN
- 45-3557534
Organization Overview
Ja Worldwide Inc is located in Boston, MA. The organization was established in 2014. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Ja Worldwide 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 06/2022, Ja Worldwide Inc generated $2.0m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $1.7m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (1.0%) 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF JA AFRICA IS TO INSPIRE AND PREPARE YOUNG PEOPLE IN AFRICA TO SUCCEED IN A GLOBAL ECONOMY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
JA AFRICA SUPPORTS OUR MEMBERS IN 13 COUNTRIES THROUGH A UNIFIED STRATEGIC VISION, GLOBAL FUNDRAISING, GLOBAL MANAGEMENT OF OUR BRAND, THOUGHT LEADERSHIP, TECHNOLOGY STRATEGY AND IMPLEMENTATION, AND THE MANAGEMENT OF BOTH TRADITIONAL AND DIGITAL LEARNING EXPERIENCES FOR THE 300,000 PLUS YOUTH WE SERVED. THIS YEAR, JA AFRICA WAS SELECTED AS ONE OF THE TOP TEN GLOBAL NGOS IN AFRICA BY ADVANCE MEDIA. JA AFRICA ALSO RECORDED 0VER 100% INCREASE IN STUDENT REACH FROM FY21
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles Olumuyiwa Moyela Board Chair | OfficerTrustee | 2 | $0 |
Asheesh Advani President And CEO | OfficerTrustee | 2 | $0 |
Janet Thiongo Board Vice Chair | OfficerTrustee | 2 | $0 |
Caroline Jenner COO | Officer | 2 | $0 |
Joseph Tortora CFO | Officer | 2 | $0 |
Simisola Nwogugu Regional CEO | Officer | 40 | $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 | $1,987,108 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,987,108 |
| Total Program Service Revenue | $2,500 |
| 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 | $1,986,529 |
| 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 | $1,195,825 |
| 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 | $88,649 |
| Pension plan accruals and contributions | $15,470 |
| Other employee benefits | $2,676 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,813 |
| Fees for services: Accounting | $12,506 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $131,877 |
| Advertising and promotion | $0 |
| Office expenses | $19,222 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $8,831 |
| Travel | $48,814 |
| 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 | $159,074 |
| Total functional expenses | $1,684,757 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $793,988 |
| 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 | $11,062 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $746,703 |
| Total assets | $1,551,753 |
| Accounts payable and accrued expenses | $19,192 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $675,337 |
| 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 | $150,000 |
| Total liabilities | $844,529 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $707,224 |
| 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 | $1,551,753 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Ja Worldwide Inc has recieved totaling $169,569.
| Awarding Organization | Amount |
|---|---|
Bechtel Group Foundation Glendale, AZ PURPOSE: SOCIAL SERVICES | $100,000 |
De La Vega Family Foundation Stuart, FL PURPOSE: UNRESTRICTED | $58,569 |
Stella And Charles Guttman Foundation Inc New York, NY PURPOSE: FOR GENERAL SUPPORT. | $10,000 |
Olesky Family Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Joan And Irwin Jacobs Technion-Cornell Innovation Instit New York, NY | $205,040,861 | $18,316,542 |
Tikvah Fund New York, NY | $103,047,859 | $6,270,985 |
Catholic Schools Foundation Inc Boston, MA | $110,171,239 | $27,305,892 |
Echoing Green Inc New York, NY | $60,744,468 | $19,754,073 |
Partnership For Ed Advancement Inc New York, NY | $36,194,552 | $41,198,488 |
Alavi Foundation New York, NY | $64,468,510 | $30,201,673 |
Uncommon Lender Inc New York, NY | $174,239,408 | $12,168,791 |
Family Enrichment Network Inc Johnson City, NY | $8,020,609 | $12,621,621 |
Laspau Inc Cambridge, MA | $9,172,350 | $9,862,515 |
Vermont Student Development Fund Inc Winooski, VT | $17,468,961 | $10,359,436 |
The Teagle Foundation Incorporated New York, NY | $172,379,349 | $12,655,674 |
Jackie Robinson Foundation Inc New York, NY | $30,161,175 | $8,662,334 |