Ja Worldwide Inc
- Assets
- $14.2m
- Revenue
- $21.8m
- Investments
- $0.0
- Employees
- 19
- Location
- Boston, MA
- Founding
- 03/2014
- Data as of
- 06/2022
- EIN
- 27-3666259
Organization Overview
Ja Worldwide Inc is located in Boston, MA. The organization was established in 2014. 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 06/2022, Ja Worldwide Inc employed 19 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Ja Worldwide 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 06/2022, Ja Worldwide Inc generated $21.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.3% each year. All expenses for the organization totaled $22.1m during the year ending 06/2022. While expenses have increased by 9.1% per year over the past 7 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.
Since 2015, Ja Worldwide Inc has awarded 276 individual grants totaling $10,538,221. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
ONE OF THE WORLD'S LARGEST AND MOST- IMPACTFUL YOUTH-SERVING NGOS. ADDITIONAL ACTIVITY INFORMATION ON SCHEDULE O.
Describe the Organization's Program Activity:
Part 3 - Line 4a
JA WORLDWIDE SUPPORTS OUR MEMBERS IN OVER 100 COUNTRIES THROUGH A UNIFIED STRATEGIC VISION, GLOBAL FUNDRAISING, GLOBAL MANAGEMENT OF OUR BRAND, THOUGHT LEADERSHIP, TECHNOLOGY STRATEGY AND IMPLEMENTATION, AND THE MANAGEMENT OF BOTH TRADITIONAL AND DIGITAL LEARNING EXPERIENCES FOR THE 12.5 MILLION YOUTH WE SERVED. THIS YEAR, JA WORLDWIDE WAS SELECTED AS ONE OF THE TOP TEN GLOBAL NGOS BY NGO ADVISOR/THEDOTGOOD FOR THE FOURTH YEAR IN A ROW, WAS LISTED AMONG THE 100 MOST INNOVATIVE WORKPLACES BY FAST COMPANY AND WAS NOMINATED FOR THE NOBEL PEACE PRIZE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Asheesh Advani President And CEO | OfficerTrustee | 40 | $669,201 |
Brandie Conforti Global Head Of Development | Officer | 40 | $293,955 |
Teresa M Stouffer Chief Marketing Officer | Officer | 40 | $222,328 |
Joseph Tortora CFO | Officer | 40 | $201,360 |
Simisola Nwogugu Chief Executive Officer - Jaa | 0 | $180,067 | |
Carolyn Bassett Vice President Global Developm | 40 | $141,017 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Xanegy Accounting Services | 6/29/22 | $118,443 |
Leonardo Martellotto Progr Mgmt: Americas | 6/29/22 | $148,025 |
Michael Mercieca Consulting | 6/29/22 | $115,373 |
Arelys Esperanza Morales Cardoza Marketing/comm. | 6/29/22 | $116,000 |
Practical Computer Applications Inc Engineering | 6/29/22 | $330,671 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,164,028 |
| All other contributions, gifts, grants, and similar amounts not included above | $18,290,066 |
| Noncash contributions included in lines 1a–1f | $35,363 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $19,454,094 |
| Total Program Service Revenue | $2,327,028 |
| Investment income | $31,509 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$1,484 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $21,801,943 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $833,990 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $11,736,180 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,501,888 |
| Compensation of current officers, directors, key employees. | $293,703 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,997,078 |
| Pension plan accruals and contributions | $74,692 |
| Other employee benefits | $151,808 |
| Payroll taxes | $154,665 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $101,401 |
| Fees for services: Accounting | $243,695 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,927,786 |
| Advertising and promotion | $0 |
| Office expenses | $236,711 |
| Information technology | $535,564 |
| Royalties | $0 |
| Occupancy | $170,490 |
| Travel | $212,983 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $70,533 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $33,668 |
| All other expenses | $0 |
| Total functional expenses | $22,108,965 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $10,939,720 |
| Pledges and grants receivable | $795,612 |
| Accounts receivable, net | $1,201,425 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $154,356 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $116,493 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,021,604 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $14,229,210 |
| Accounts payable and accrued expenses | $1,655,630 |
| Grants payable | $0 |
| Deferred revenue | $496,818 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $4,611,828 |
| 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 | $1,023,702 |
| Total liabilities | $7,787,978 |
| Net assets without donor restrictions | $4,544,299 |
| Net assets with donor restrictions | $1,896,933 |
| 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 | $14,229,210 |
Grants Awarded
Over the last fiscal year, Ja Worldwide Inc has awarded $788,376 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
Colorado Springs, CO PURPOSE: Support Mission | $301,617 |
New York, NY PURPOSE: Support | $87,000 |
Houston, TX PURPOSE: Support | $62,250 |
Walnut Creek, CA PURPOSE: Support | $61,714 |
Cordova, TN PURPOSE: Support | $55,000 |
Edison, NJ PURPOSE: Support | $39,500 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Ja Worldwide Inc has recieved totaling $2,670,767.
| Awarding Organization | Amount |
|---|---|
Charities Aid Foundation America Alexandria, VA PURPOSE: CHARITABLE DONATION | $1,540,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $780,474 |
Silicon Valley Community Foundation Mountain View, CA PURPOSE: Youth Development | $210,293 |
The Skoll Fund Mountain View, CA PURPOSE: GENERAL OPERATING SUPPORT | $75,000 |
Ayco Charitable Foundation Cohoes, NY PURPOSE: COMMUNITY & HUMAN SERVICES | $30,000 |
United Way Of Greater Milwaukee & Waukesha County Inc Milwaukee, WI PURPOSE: DONOR DESIGNATIONS | $15,000 |
Endowment Analysis
| Beg. Balance | $869,074 |
| Earnings | -$161,592 |
| Admin Expense | $150 |
| Net Contributions | $314,000 |
| Ending Balance | $1,021,332 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Arcus Foundation New York, NY | $264,733,626 | $35,703,685 |
Edward P Evans Andover, MA | $242,161,195 | $13,916,833 |
The Childrens Scholarship Fund New York, NY | $36,136,002 | $24,710,520 |
Math For America Inc New York, NY | $15,709,494 | $20,036,646 |
Ja Worldwide Inc Boston, MA | $14,229,210 | $21,801,943 |
The Posse Foundation Inc New York, NY | $120,660,725 | $44,739,225 |
Inner-City Scholarship Fund Inc New York, NY | $115,829,957 | $24,751,034 |
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 |