Mawazo Institute
- Assets
- $956.3k
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 8
- Location
- La Grange, IL
- Founding
- 03/2017
- Data as of
- 12/2021
- EIN
- 37-1845043
Organization Overview
Mawazo Institute is located in La Grange, IL. The organization was established in 2017. 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 12/2021, Mawazo Institute employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mawazo Institute 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 12/2021, Mawazo Institute generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 23.7% each year . All expenses for the organization totaled $540.2k during the year ending 12/2021. While expenses have increased by 24.2% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT THE NEXT GENERATION OF FEMALE THOUGHT LEADERS AND SCHOLARS IN AFRICA
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE TRAINING AND RESOURCES PROGRAM HELPS EQUIP EAST AFRICAN WOMEN WITH THE RESEARCH AND PROFESSIONAL SKILLS THEY NEED TO SUCCEED IN ACADEMIC CAREERS. REBRANDED AS THE MAWAZO LEARNING EXCHANGE (MLEX) IN 2020, THIS VIRTUAL PROFESSIONAL DEVELOPMENT PLATFORM PROVIDES DEDICATED TRAINING COURSES FOR EARLY-CAREER AFRICAN WOMEN IN ACADEMIA AND RESEARCH, AS WELL AS A GROWING LIBRARY OF RESOURCES TAILORED TO THE AFRICAN CONTEXT AND AVAILABLE TO SCHOLARS AND ACADEMICS EVERYWHERE.
THE PUBLIC ENGAGEMENT PROGRAM GETS MEMBERS OF THE PUBLIC ENGAGED WITH THE INSIGHTFUL RESEARCH PRODUCED BY OUR GRANTEES AND BY OTHER TALENTED EAST AFRICAN WOMEN. WE RUN PUBLIC EVENTS AND PRODUCE DIGITAL MEDIA OUTPUTS HIGHLIGHTING THEIR WORK.
THE POLICY PROGRAMME SEEKS TO INSERT THE VOICES OF YOUNG AFRICAN WOMEN INTO PRESSING POLICY DISCUSSIONS, SHAPING OUR BENEFICIARIES INTO POLICY-ORIENTED SCHOLARS WHO CAN LEVERAGE THEIR EXPERTISE TO INFLUENCE DECISION-MAKING AT THE NATIONAL, REGIONAL AND GLOBAL LEVEL. AS PART OF THIS PROGRAMME, WE ALSO LEVERAGE LEARNINGS FROM OUR WORK TO SHARE KNOWLEDGE AND ENCOURAGE EVIDENCE-INFORMED DECISION MAKING IN THE AFRICAN HIGHER EDUCATION AND RESEARCH ECOSYSTEM.
THE PHD SCHOLARS PROGRAM PROVIDES GRANTS, MENTORSHIP, AND TRAINING OPPORTUNITIES TO WOMEN PURSUING THEIR PHDS AT ACCREDITED UNIVERSITIES IN EAST AFRICA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rose Mutiso CEO (part Year) | Officer | 40 | $40,833 |
Rachel Strohm Board Chair | OfficerTrustee | 0.5 | $0 |
Joy Kiiru Deputy Board Chair (part Year) | OfficerTrustee | 0.5 | $0 |
Cosmas Mulumba Treasurer / Board Member | OfficerTrustee | 0.5 | $0 |
Ruth Levine Board Member | Trustee | 0.5 | $0 |
Daniele Ressler Board Member | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $73,105 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,107,147 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,180,252 |
| 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 | -$157 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,180,095 |
| 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 | $20,837 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $49,931 |
| Compensation of current officers, directors, key employees. | $27,745 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $144,685 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $10,691 |
| Payroll taxes | $45,768 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,862 |
| Fees for services: Accounting | $47,045 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $138,236 |
| Advertising and promotion | $51,135 |
| Office expenses | $7,674 |
| Information technology | $8,774 |
| Royalties | $0 |
| Occupancy | $1,758 |
| Travel | $5,442 |
| 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 | $243 |
| Insurance | $1,013 |
| All other expenses | $0 |
| Total functional expenses | $540,175 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $206,177 |
| Savings and temporary cash investments | $740,398 |
| 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 | $8,782 |
| Net Land, buildings, and equipment | $943 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $956,300 |
| Accounts payable and accrued expenses | $11,399 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $11,399 |
| Net assets without donor restrictions | $106,693 |
| Net assets with donor restrictions | $838,208 |
| 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 | $956,300 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Mawazo Institute has recieved totaling $731,205.
| Awarding Organization | Amount |
|---|---|
The Mastercard Foundation PURPOSE: Youth Learning | | $531,205 |
Bill & Melinda Gates Foundation Seattle, WA PURPOSE: AGRICULTURAL DEVELOPMENT | $150,000 |
William & Flora Hewlett Foundation Menlo Park, CA PURPOSE: FOR STRATEGIC AND TRANSITION PLANNING | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Equity Fund Inc Chicago, IL | $118,912,735 | $59,533,345 |
Iowa Student Loan Liquidity Corp West Des Moines, IA | $1,230,053,718 | $45,688,659 |
National Merit Scholarship Corporation Evanston, IL | $183,825,978 | $50,191,294 |
Evans Scholars Foundation Glenview, IL | $101,873,087 | $62,566,812 |
Northwestern Mutual Life Foundation Inc Milwaukee, WI | $106,326,341 | $38,353,841 |
Cardinal Services Inc Of Indiana Warsaw, IN | $28,675,162 | $26,373,889 |
Future Leaders Of Americafoundation Inc Chicago, IL | $0 | $13,517,008 |
Kansas City Scholars Inc Kansas City, MO | $5,810,030 | $12,156,402 |
Des Moines Golf And Country Club West Des Moines, IA | $24,329,403 | $13,657,003 |
Ray And Kay Eckstein Charitable Trust Paducah, KY | $358,796,277 | $128,951,866 |
Professional Convention Management Association Chicago, IL | $13,503,434 | $11,522,188 |
Sigma Chi Foundation Evanston, IL | $40,441,719 | $12,690,646 |