Komera Inc
- Assets
- $1.1m
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 4
- Location
- Jamaica Plain, MA
- Founding
- 04/2010
- Data as of
- 06/2021
- EIN
- 27-1581674
Organization Overview
Komera Inc is located in Jamaica Plain, MA. The organization was established in 2010. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. As of 06/2021, Komera Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Komera 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 06/2021, Komera Inc generated $1.0m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 17.4% each year . All expenses for the organization totaled $1.1m during the year ending 06/2021. While expenses have increased by 19.5% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
KOMERA DEVELOPS SELF-CONFIDENT YOUNG WOMEN THROUGH EDUCATION, COMMUNITY DEVELOPMENT, AND HEALTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AMPLIFY: AMPLIFY GIRLS IS A COLLECTIVE OF COMMUNITY-DRIVEN ORGANIZATIONS (CDOS) WORKING IN COMMUNITIES IN EASTERN AFRICA TO BUILD FEMALE LEADERS BY SCALING IDEAS AND BEST PRACTICES THROUGH COLLABORATION. AMPLIFY GIRLS EMBODIES AN INNOVATIVE GRASSROOTS MODEL OF SCALE: IT SUPPORTS CDOS TO LEAD AND COLLECTIVELY WORK TOWARDS IMPROVING OUTCOMES FOR ADOLESCENT GIRLS - BASED ON THE SOLUTIONS THEY IDENTIFY AS BEST FOR THEIR COMMUNITIES. IN SEPTEMBER 2020, AMPLIFY GIRLS INCORPORATED TO BECOME AN INDEPENDENT NONPROFIT CORPORATION. KOMERA, INC. SERVED AS THEIR FISCAL SPONSOR THROUGHOUT THE YEAR ENDED JUNE 30, 2021.
EDUCATION: THE ORGANIZATION SPONSORS SCHOLARS WITH FULL ROOM, BOARD AND TUITION AT A PUBLIC BOARDING SCHOOL IN RWANDA. DURING SCHOOL HOLIDAYS, SCHOLARS ATTEND WORKSHOPS WHERE THEY RECEIVE TRAINING ON REPRODUCTIVE HEALTH, CAREER, COUNSELING, LEADERSHIP DEVELOPMENT AND HOW TO BE LEADERS WITHIN THEIR COMMUNITIES. ONCE STUDENTS FINISH SCHOOL, THEY ATTEND THE POST-SECONDARY TRANSITION PROGRAM (PSTP). THE PSTP TRAINS THEM IN ENGLISH, INFORMATION AND COMMUNICATION TECHNOLOGY, SMALL BUSINESS DEVELOPMENT, AND HELPS THEM APPLY TO UNIVERSITIES. THE ORGANIZATION ALSO SUPPORTS THE UNIVERSITY EDUCATION OF SELECT SCHOLARS.
LEADERSHIP CENTER: KOMERA IS FUNDING THE CONSTRUCTION OF A LEADERSHIP CENTER IN THE RWINKWAVU SECTOR IN RWANDA. THE CENTER WILL PROVIDE PROGRAMMING FOR THE ENTIRE COMMUNITY, WITH A FOCUS ON SUPPORTING WOMEN AND GIRLS. THE CENTER WILL BE A SPACE FOR EDUCATIONAL COURSES, HEALTH AND COUNSELING, AND BUSINESSES DEVELOPMENT FOR THE GREATER COMMUNITY. THE ORGANIZATION ANTICIPATES THE CENTER WILL BENEFIT NEARLY 30,000 PEOPLE LIVING IN THE AREA AFTER IT OPENS IN AUGUST 2022.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Margaret Butler Komera Founder & Amplify Coordinator | Trustee | 11 | $66,325 |
Lauren Mason Managing Director | Officer | 40 | $60,333 |
Kristen Gengaro Co-Chair | OfficerTrustee | 5 | $0 |
Ali Samadi Co-Chair | OfficerTrustee | 5 | $0 |
John Hagarty Treasurer | OfficerTrustee | 2 | $0 |
David Boehmer Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $33,697 |
| All other contributions, gifts, grants, and similar amounts not included above | $964,020 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $997,717 |
| Total Program Service Revenue | $0 |
| Investment income | $33 |
| 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 | $1,003,354 |
| 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 | $745,586 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $94,943 |
| Compensation of current officers, directors, key employees. | $17,809 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $32,996 |
| Pension plan accruals and contributions | $4,562 |
| Other employee benefits | $0 |
| Payroll taxes | $11,935 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $20,420 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $24,147 |
| Advertising and promotion | $0 |
| Office expenses | $18,465 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $14,299 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $645 |
| Insurance | $2,044 |
| All other expenses | $844 |
| Total functional expenses | $1,081,065 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $775,337 |
| Savings and temporary cash investments | $167,166 |
| Pledges and grants receivable | $141,437 |
| Accounts receivable, net | $2,125 |
| 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 | $1,152 |
| 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 | $1,087,217 |
| Accounts payable and accrued expenses | $78,236 |
| 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 | $208,852 |
| Other liabilities | $0 |
| Total liabilities | $287,088 |
| Net assets without donor restrictions | $423,044 |
| Net assets with donor restrictions | $377,085 |
| 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 | $1,087,217 |
Grants Awarded
Over the last fiscal year, Komera Inc has awarded $24,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Goleta, CA PURPOSE: GENERAL SUPPORT | $6,000 |
Goleta, CA PURPOSE: GENERAL SUPPORT | $6,000 |
Portland, ME PURPOSE: GENERAL SUPPORT | $6,000 |
Portland, ME PURPOSE: GENERAL SUPPORT | $6,000 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Komera Inc has recieved totaling $101,929.
| Awarding Organization | Amount |
|---|---|
Together Women Rise Greenville, SC PURPOSE: ECONOMIC TRAINING | $35,000 |
One Days Wages Seattle, WA PURPOSE: LEADERSHIP CENTER FOR WOMEN AND GIRLS IN RWANDA | $29,191 |
Tailored For Education Inc Boston, MA PURPOSE: PROGRAMS SUPPORT | $21,450 |
Ruth And Hal Launders Charitable Tr Herndon, VA PURPOSE: THE GRANT WILL BE USED TO DEVELOP SELF-CONFIDENT YOUNG WOMEN THROUGH EDUCATION, COMMUNITY DEVELOPMENT AND SPORT. | $10,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $6,060 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $228 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Joan And Irwin Jacobs Technion-Cornell Innovation Instit New York, NY | $205,040,861 | $18,316,542 |
Tikvah Fund New York, NY | $103,047,859 | $6,270,985 |
Catholic Schools Foundation Inc Boston, MA | $110,171,239 | $27,305,892 |
Echoing Green Inc New York, NY | $60,744,468 | $19,754,073 |
Partnership For Ed Advancement Inc New York, NY | $36,194,552 | $41,198,488 |
Alavi Foundation New York, NY | $64,468,510 | $30,201,673 |
Uncommon Lender Inc New York, NY | $174,239,408 | $12,168,791 |
Family Enrichment Network Inc Johnson City, NY | $8,020,609 | $12,621,621 |
Laspau Inc Cambridge, MA | $9,172,350 | $9,862,515 |
Vermont Student Development Fund Inc Winooski, VT | $17,468,961 | $10,359,436 |
The Teagle Foundation Incorporated New York, NY | $172,379,349 | $12,655,674 |
Jackie Robinson Foundation Inc New York, NY | $30,161,175 | $8,662,334 |