The Zawadisha Fund
- Assets
- $33.9k
- Revenue
- $121.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Reno, NV
- Founding
- 01/2013
- Data as of
- 12/2022
- EIN
- 46-0583426
Organization Overview
The Zawadisha Fund is located in Reno, NV. The organization was established in 2013. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Zawadisha Fund 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 12/2022, Zawadisha Fund generated $121.8k 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 (3.5%) each year. All expenses for the organization totaled $107.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (5.7%) 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF ZAWADISHA IS TO PROVIDE SMALL LOANS TO RURAL KENYAN WOMEN TO FINANCE THEIR LIVELIHOODS. WE PROVIDE THE FINANCING AND DISTRIBUTION OF SOLAR LAMPS, RAIN WATER TANKS, AND CLEAN COOKSTOVES. WE FOLLOW UP WITH LEADERSHIP AND FINANCIAL LITERACY TRAINING TO MAXIMIZE THE IMPACT OF THESE LOANS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ZAWADISHA-US RAISES FUNDS AND PROVIDES OPERATIONAL SUPPORT FOR ITS SISTER ENTITY IN KENYA. OUR PROGRAM SERVICE ACCOMPLISHMENTS IN 2022 INCLUDED: - 343 LOANS FOR HOUSEHOLD GOODS PROVIDED - 291 WOMEN SERVED IN 4 COUNTIES IN KENYA - DELIVERED 1,473 PRODUCTS TO THE COMMUNITY - ONE FULL TIME POSITION CREATED IN COUNTRY - ONE RETAIL SHOP OPENED TO SERVE THE ENTIRE COMMUNITY - RESTARTING OUR PEER TRAINING PROGRAM, WHICH ALLOWED OUR PEER EDUCATORS TO TRAIN 425 WOMEN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Gurecki Chairman | OfficerTrustee | 10 | $4,500 |
Lauren Renda Secretary | OfficerTrustee | 2 | $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 | $77,530 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $77,530 |
| Total Program Service Revenue | $44,275 |
| 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 | $121,805 |
| 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 | $26,563 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $4,500 |
| Compensation of current officers, directors, key employees. | $2,250 |
| 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 | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,899 |
| Advertising and promotion | $0 |
| Office expenses | $777 |
| Information technology | $2,460 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $146 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,400 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,377 |
| All other expenses | $5,499 |
| Total functional expenses | $107,858 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,961 |
| 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 | $24,901 |
| 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 | $33,862 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $8,969 |
| 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 | $88,418 |
| Other liabilities | $0 |
| Total liabilities | $97,387 |
| 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 | -$63,525 |
| Total liabilities and net assets/fund balances | $33,862 |