Actai Global
- Assets
- $366.7k
- Revenue
- $46.2k
- Investments
- $45.7k
- Employees
- 0
- Location
- Menlo Park, CA
- Founding
- 06/2014
- Data as of
- 12/2021
- EIN
- 45-4866590
Organization Overview
Actai Global is located in Menlo Park, 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 12/2021, Actai Global generated $46.2k 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 (38.6%) each year. All expenses for the organization totaled $50.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (35.5%) 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
THE MISSION OF THE ORGANIZATION IS TO PROVIDE FORUMS FOR COLLABORATION THAT INCORPORATE 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
DUE TO THE COVID19 PANDEMIC, THE ORGANIZATION'S PROGRAMS WERE GREATLY IMPACTED. THE NONPROFIT DID NOT HOLD ANY LIVE EVENTS, BUT CONTINUED TO BUILD PARTNERSHIPS THROUGHOUT THE YEAR VIRTUALLY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Maria Serafica Treasurer/ CFO | Officer | 5 | $2,500 |
Austin Stewart Legal Counsel | OfficerTrustee | 2 | $0 |
William Tai President | OfficerTrustee | 8 | $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 | $45,978 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $45,978 |
| Total Program Service Revenue | $0 |
| Investment income | $230 |
| 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 | $46,208 |
| 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 | $2,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $10,000 |
| Advertising and promotion | $0 |
| Office expenses | $7,112 |
| Information technology | $3,730 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $8,811 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $10,000 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $8,483 |
| Total functional expenses | $50,636 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $313,185 |
| 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 | $7,534 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $45,663 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $300 |
| Total assets | $366,682 |
| Accounts payable and accrued expenses | $5,663 |
| Grants payable | $0 |
| Deferred revenue | $30,224 |
| 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 | $35,887 |
| 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 | $330,795 |
| Total liabilities and net assets/fund balances | $366,682 |
Grants Awarded
Over the last fiscal year, Actai Global has awarded $36,208 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Palo Alto, CA PURPOSE: TO SUPPORT THE MISSION OF SUPPORTING ENTREPRENEURS AND THE UN CONSERVATION GOALS THROUGH XTC. | $25,000 |
Hollister, CA PURPOSE: TO SUPPORT THE MISSION OF OCEAN CONSERVATION, PER THE ORGANIZATION'S MISSION AND PURPOSE. | $11,208 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Actai Global has recieved totaling $300,065.
| Awarding Organization | Amount |
|---|---|
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $300,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $65 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Digdeep Right To Water Project Los Angeles, CA | $16,956,500 | $12,789,451 |
California Rural Water Association Sacramento, CA | $3,577,030 | $6,460,960 |
Nature Collective Solana Beach, CA | $16,094,716 | $5,764,698 |
Walker Basin Conservancy Reno, NV | $80,094,902 | $17,114,927 |
Santa Ana Watershed Association Of Rcds Riverside, CA | $6,098,465 | $4,472,919 |
The Coral Reef Alliance San Francisco, CA | $4,014,411 | $4,148,102 |
Sustainable Ocean Alliance Inc San Francisco, CA | $4,770,789 | $3,228,934 |
U S Water Alliance Oakland, CA | $3,930,310 | $4,183,310 |
Mid Klamath Watershed Council Orleans, CA | $2,405,000 | $3,924,185 |
San Joaquin Parkway & Conservation Inc Tr Fresno, CA | $17,301,564 | $3,310,534 |
Amazon Frontlines San Francisco, CA | $2,344,058 | $1,982,054 |
Community Water Center Visalia, CA | $4,594,210 | $3,653,789 |