Georgie Badiel Foundation Inc
- Assets
- $497.4k
- Revenue
- $847.9k
- Investments
- $0.0
- Employees
- 3
- Location
- New York, NY
- Founding
- 04/2016
- Data as of
- 12/2022
- EIN
- 47-4675005
Organization Overview
Georgie Badiel Foundation Inc is located in New York, NY. The organization was established in 2016. 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 12/2022, Georgie Badiel Foundation Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Georgie Badiel Foundation 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 12/2022, Georgie Badiel Foundation Inc generated $847.9k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 62.5% each year . All expenses for the organization totaled $600.3k during the year ending 12/2022. 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
TO PROVIDE ACCESS TO CLEAN WATER WELLS AND SANITATION TO VILLAGES IN RURAL BURKINA FASO & OTHER PARTS OF AFRICA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION IS FORMED FOR THE CHARITABLE PURPOSE OF PROVIDING ACCESS TO CLEAN WATER WELLS AND SANITATION TO VILLAGES IN RURAL BURKINA FASO & OTHER PARTS OF AFRICA. PROVIDE LITERACY & EDUCATION FOR WOMEN & GIRLS IN BURKINA FASO & OTHER PARTS OF AFRICA. PROVIDE BASIC HEALTH & HYGIENE EDUCATION & AWARENESS FOR RURAL AREAS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Georgie Badiel-Liberty CEO | OfficerTrustee | 35 | $73,460 |
Sonia Savabogo-Songnaba COO | Officer | 35 | $15,000 |
Faustina-Fynn Nyame Director | Trustee | 0.25 | $0 |
Isabel Hidrobo Secretary | OfficerTrustee | 0.25 | $0 |
Chid Liberty Director | Trustee | 0.25 | $0 |
Suzanne Rotondo Chair | OfficerTrustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $679,175 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $169,794 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $848,969 |
| Total Program Service Revenue | $0 |
| 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 | -$2,581 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $847,857 |
| 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. | $88,460 |
| Compensation of current officers, directors, key employees. | $30,961 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $150,933 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $414 |
| Fees for services: Accounting | $6,752 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $32,123 |
| Advertising and promotion | $5,242 |
| Office expenses | $7,633 |
| Information technology | $720 |
| Royalties | $0 |
| Occupancy | $18,250 |
| Travel | $23,093 |
| 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 | $12,765 |
| Insurance | $0 |
| All other expenses | $669 |
| Total functional expenses | $600,296 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $457,913 |
| 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 | $39,505 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $497,418 |
| 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 | $32,195 |
| Other liabilities | $0 |
| Total liabilities | $32,195 |
| Net assets without donor restrictions | $465,223 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $497,418 |
Grants Awarded
Over the last fiscal year, Georgie Badiel Foundation Inc has awarded $12,118 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
FACE AFRICA PURPOSE: DONEE'S EXEMPT PURPOSE | $5,000 |
NOAH NEW YORK PURPOSE: DONEE'S EXEMPT PURPOSE | $309 |
FACE AFRICA PURPOSE: DONEE'S EXEMPT PURPOSE | $5,000 |
NOAH NEW YORK PURPOSE: DONEE'S EXEMPT PURPOSE | $309 |
BATONGA FOUNDATION PURPOSE: DONEE'S EXEMPT PURPOSE | $750 |
BATONGA FOUNDATION PURPOSE: DONEE'S EXEMPT PURPOSE | $750 |