Azimuth World Foundation
- Assets
- $126.8k
- Revenue
- $200.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Bismarck, ND
- Founding
- 10/2019
- Data as of
- 12/2022
- EIN
- 83-4402779
Organization Overview
Azimuth World Foundation is located in Bismarck, ND. The organization was established in 2019. According to its NTEE Classification (Q99) the organization is classified as: International, Foreign Affairs & National Security N.E.C., under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Azimuth World Foundation 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, Azimuth World Foundation generated $200.6k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 22.3% each year . All expenses for the organization totaled $188.6k during the year ending 12/2022. While expenses have increased by 13.9% per year over the past 4 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
CREATING A MOVEMENT WORLDWIDE TO POSITIVELY IMPACT SOCIAL CAUSES AND NATURE CONSERVATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AZIMUTH WORLD FOUNDATION WAS FORMED IN 2019 TO ACTIVELY PARTICIPATE IN CREATING A WORLD WHERE HUMANITY AND NATURE THRIVE BY ELEVATING AND SUPPORTING OTHER NONPROFIT ORGANIZATIONS ACTIVELY WORKING TO ADDRESS ROOT-CAUSES IN SOCIAL, ENVIRONMENTAL AND NATURE CONSERVATION. AZIMUTH WORLD FOUNDATION IS IN START-UP MODE. PLEASE VISIT AZIMUTHWORLDFOUNDATION.ORG FOR MORE DETAILS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Terrance Rockstad Founder & Trustee | 0.5 | $0 | |
Mariana Pereira DE Sousa Marques Ceo, President | 40 | $0 | |
Patrea Klein Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $200,575 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $200,575 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $10,000 |
| Travel, conferences, and meetings | $563 |
| Printing and publications | $647 |
| Other expenses | $18,016 |
| Total operating and administrative expenses | $113,557 |
| Contributions, gifts, grants paid | $75,000 |
| Total expenses and disbursements | $188,557 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $124,268 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $2,563 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $126,831 |
| Accounts payable and accrued expenses | $4,921 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $4,921 |
Grants Awarded
Over the last fiscal year, Azimuth World Foundation has awarded $75,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
KELLERMAN FOUNDATION PURPOSE: BWINDI COMMUNITY HOSPITAL | $25,000 |
COFAN SURVIVAL FUND PURPOSE: CONTROL, MANAGEMENT & PROTECTION OF THE COFAN-BERMEJO ECOLOGICAL RESERVE | $25,000 |
KAY TITA PURPOSE: GLOBAL WISDOM COLLECTIVE - LEARNING LANGUAGES PROGRAM IN KENYA | $25,000 |