Actai Global
- Assets
- $466.8k
- Revenue
- $763.0k
- Investments
- $45.3k
- Employees
- 0
- Location
- Santa Monica, CA
- Founding
- 06/2014
- Data as of
- 12/2023
- EIN
- 45-4866590
Organization Overview
Actai Global is located in Santa Monica, CA. The organization was established in 2014. According to its NTEE Classification (C32) the organization is classified as: Water Resources, Wetlands Conservation & Management, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Actai Global 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 12/2023, Actai Global generated $763.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (7.4%) each year. All expenses for the organization totaled $766.6k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (4.3%) per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE ORGANIZATION IS TO PROVIDE FORUMS FOR COLLABORATION THAT INCORPORATES EDUCATIONAL PROGRAMS FOCUSING ON ENVIRONMENTAL CONSERVATION AND ECONOMIC EMPOWERMENT VIA ENTREPRENEURSHIP. ACTAI GLOBAL BRINGS TOGETHER ATHLETES, CONSERVATIONISTS, TECHNOLOGISTS, ARTISTS AND INNOVATORS TO BRING THEIR COLLECTIVE KNOWLEDGE AND SOCIAL CAPITAL TO SUPPORT DIRECT ACTION BY THE COMMUNITY AS WELL AS TO SUPPORT OTHER ORGANIZATIONS PRODUCING MEANINGFUL RESULTS IN TARGETED AREAS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE NONPROFIT HELD CONFERENCES IN SWITZERLAND, PHILIPPINES, GREECE, MAURITIUS, ITALY AND AUSTRALIA, GATHERING TOGETHER INDUSTRY LEADERS, FOUNDERS, TECHNOLOGISTS, ATHLETES AND CONSERVATIONIST TO PROMOTE THE COMPANY'S MISSION OF PROVIDING FORUMS FOR COLLABORATION THAT INCORPORATES EDUCATIONAL PROGRAMS FOCUSING ON ENVIRONMENTAL CONSERVATION AND ECONOMIC EMPOWERMENT VIA ENTREPRENEURSHIP.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Tai President | OfficerTrustee | 8 | $0 |
Austin Stewart Secretary | OfficerTrustee | 2 | $0 |
Maria Serafica Treasurer/ CFO | Officer | 8 | $35,000 |
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 | $23,788 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $23,788 |
| Total Program Service Revenue | $730,482 |
| Investment income | $279 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $8,425 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $762,974 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $86,000 |
| 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 | $6,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $33,109 |
| Advertising and promotion | $28,088 |
| Office expenses | $8,943 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $84,197 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,858 |
| Interest | $4 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $106,002 |
| Total functional expenses | $766,596 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $343,122 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $73,010 |
| 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 | $1,398 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $45,333 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,900 |
| Total assets | $466,763 |
| Accounts payable and accrued expenses | $56,655 |
| Grants payable | $0 |
| Deferred revenue | $20,049 |
| 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 | $76,704 |
| 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 | $390,059 |
| Total liabilities and net assets/fund balances | $466,763 |
Grants Awarded
Over the last fiscal year, Actai Global has awarded $86,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
OCEAN ELDERS PURPOSE: THE DONATION IS PRIMARILY FOR THE CORAL REEF RESEARCH DIRECTED BY DR. WILFREDO LICUANAN OF DE LA SALLE UNIVERSITY IN MANILA, PHILIPPINES. AS DISCUSSED DURING THE WEEK IN EL NIDO, THE FUNDS WILL ENABLE DR. LICUANAN TO EXTEND THE EMPLOYMENT OF POST-DOC STUDENTS WHO ASSIST IN THE RESEARCH TO PREVENT THE DESTRUCTION OF THE CORAL REEF SO VITAL TO THE CORAL TRIANGLE. | $40,000 |
OCEAN ELDERS PURPOSE: TO SUPPORT THE ORGANIZATION'S MISSION: TO ADVOCATE FOR THE CREATION, CONTINUED PROTECTION AND/OR EXPANSION OF MARINE PROTECTED AREAS, THE CREATION AND IMPLEMENTATION OF SUSTAINABLE DEVELOPMENT GOAL 14: LIFE BELOW WATER, A NEW TREATY FOR THE HIGH SEAS, AND THE PROTECTION OF MARINE WILDLIFE. | $46,000 |