Canopy Nwa
- Assets
- $2.7m
- Revenue
- $4.0m
- Investments
- $0.0
- Employees
- 52
- Location
- Fayetteville, AR
- Founding
- 04/2016
- Data as of
- 09/2023
- EIN
- 81-1305235
Organization Overview
Canopy Nwa is located in Fayetteville, AR. The organization was established in 2016. According to its NTEE Classification (S02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 09/2023, Canopy Nwa employed 52 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Canopy Nwa 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 09/2023, Canopy Nwa generated $4.0m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 56.5% each year . All expenses for the organization totaled $3.7m during the year ending 09/2023. While expenses have increased by 57.7% per year over the past 5 years. They've been increasing with an increasing level of total revenue. 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
CANOPYS MISSION IS TO CREATE A COMMUNITY WHERE REFUGEES AND IMMIGRANTS ARE WELCOMED AND EQUIPED WITH ALL THEY NEED TO BUILD NEW LIVES. CANOPYS VISION IS TO SEE REFUGEES AND OUR COMMUNITY MODEL THRIVING TOGETHER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ONGOING EMPLOYMENT AND INTEGRATION.REFUGEES AND IMMIGRANTS NEED ADDITIONAL SUPPORT BEYOND THREE OR SIX MONTHS IN THE COUNTRY. TO MEET INTEGRATION GOALS, CANOPY OFFERS THE FOLLOWING SUITE OF PROGRAMS FOR UP TO FIVE YEARS POST ARRIVAL THROUGH THE LONG WELCOME: CAREER LADDERING, ENTREPRENEURSHIP, ONGOING CASE MANAGEMENT FOR MORE VULNERABLE HOUSEHOLDS, A HEALTH PROMOTION PROGRAM AND AN AFTERSCHOOL PROGRAM FOR K-12 STUDENTS. CANOPY ALSO PROVIDES IMMIGRATION AND LEGAL ASSISTANCE TO HELP NEWCOMERS ON THE PATH TO CITIZENSHIP.
RESETTLEMENT ASSISTANCE AND SUPPORT.CANOPY PROVIDES REFUGEES WITH CASE MANAGEMENT AND BASIC NEEDS SUPPORT FOR THEIR FIRST 90-240 DAYS IN THE UNITED STATES. CANOPY ARRANGES FOR HOUSING, CONNECTIONS TO HEALTH SERVICES, SCHOOL ENROLLMENT FOR CHILDREN AND REFERRALS TO ENGLISH LANGUAGE AND JOB TRAINING. ALL RESETTLED HOUSEHOLDS ARE IN A SAFE AND STABLE HOME AND ABLE TO SUPPORT THEIR FAMILIES THROUGH EMPLOYMENT BY THEIR 240TH DAY.
COMMUNITY ENGAGEMENT.PARTNERSHIP WITH COMMUNITY IS ONE OF CANOPYS CORE VALUES. COMMUNITY IS THE FOUNDATION OF HOME. WITHOUT A STRONG SENSE OF CONNECTION TO THE WORLD AROUND THEM, REFUGEES CANNOT BUILD A NEW LIFE HERE. WE WORK TO CONNECT OUR FAMILIES TO COMMUNITY PARTNERS, VOLUNTEERS AND MENTORS WHO CAN FORM A ROBUST NETWORK OF SUPPORT AROUND THEM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Newell Director | Trustee | 1 | $0 |
Mohja Kahf Director | Trustee | 1 | $0 |
Jivette DE Jesus Director | Trustee | 1 | $0 |
Andres Rhodes Director | Trustee | 1 | $0 |
Teresa Cornett Director | Trustee | 1 | $0 |
Rivka Zemke Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,410,741 |
| All other contributions, gifts, grants, and similar amounts not included above | $531,619 |
| Noncash contributions included in lines 1a–1f | $225,964 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,942,360 |
| Total Program Service Revenue | $0 |
| Investment income | $42,463 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $10,888 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,997,451 |
| 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. | $93,675 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,976,847 |
| 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 | $21,960 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $347 |
| Office expenses | $14,350 |
| Information technology | $28,530 |
| Royalties | $0 |
| Occupancy | $85,218 |
| Travel | $0 |
| 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 | $22,442 |
| Insurance | $0 |
| All other expenses | $23,563 |
| Total functional expenses | $3,706,310 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $188,236 |
| Savings and temporary cash investments | $1,350,196 |
| Pledges and grants receivable | $820,975 |
| 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 | $16,610 |
| Net Land, buildings, and equipment | $112,865 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $168,770 |
| Total assets | $2,657,652 |
| Accounts payable and accrued expenses | $232,924 |
| Grants payable | $0 |
| Deferred revenue | $521,676 |
| 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 | $165,911 |
| Total liabilities | $920,511 |
| Net assets without donor restrictions | $1,671,287 |
| Net assets with donor restrictions | $65,854 |
| 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 | $2,657,652 |