Overview
What is Joycorps Project?
The Joycorps Project is a nonprofit organization, located in Fayetteville, Arkansas, with a primary focus on assisting small villages in Central Asia. Their mission is to identify the needs of these communities and empower local artisans and entrepreneurs through training. This training equips them to produce and market products, thereby helping to stabilize their livelihoods. By supporting agrarian and craft-based entrepreneurs in Asia, the Joycorps Project aims to contribute positively to vulnerable communities, fostering redemptive venture creation. The organization currently employs three individuals.
Official website here: www.joycorps.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star rating.
Joycorps Project has achieved an impressive rating of 97%, indicating strong accountability and financial health as assessed by Charity Navigator. This score is based entirely on accountability and finance metrics, showcasing the charity's commitment to transparency and responsible financial management in its operations.
The organization boasts a fully independent board of directors, with 100% of its members meeting the criteria for independence. Additionally, there are no reported material diversions of assets, and the charity has implemented comprehensive policies, including conflict of interest and whistleblower policies, which further bolster its governance standards. The program expense ratio of 73.54% suggests that a significant portion of its funding is directed towards programmatic activities, reinforcing its mission-driven focus.
While the organization appears to perform exceptionally well in the areas evaluated, it is important for potential donors and volunteers to consider the broader impact and outcomes of its programs beyond financial metrics alone. Overall, Joycorps Project stands out for its ethical practices and solid financial footing.
This AI summary has been generated from information found on Charity Navigator.
Is Joycorps Project legitimate?
Joycorps Project is a legitimate nonprofit organization registered as a 501(c)(3) entity. Joycorps Project submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $100,635
Professional Fundraising Fees: $0
Other Salaries and Wages: $47,500
For more financial information, click here
Official website here: www.joycorps.org
What is the mission statement of Joycorps Project?
The Joycorps Project's mission is to equip agrarian and craft-based entrepreneurs in Asia, who are committed to restoring vulnerable communities, through the creation of redemptive ventures. By assessing the needs of small villages in Central Asia, they provide training to local artisans and entrepreneurs, enabling them to produce and market products. This initiative aims to create job opportunities, thereby stabilizing the livelihoods of these communities.
Official website here: www.joycorps.org
Who is the CEO of Joycorps Project?
Sam Parakkal is the Board Chair of Joycorps Project.
Official website here: www.joycorps.org
What is the revenue of Joycorps Project?
Joycorps Project's revenue in 2022 was $483,922.
Official website here: www.joycorps.org
Who are the executives of Joycorps Project and what are their salaries?
The average compensation at Joycorps Project during 2022 was $49,378. There are 3 employees at Joycorps Project.
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $54,000
- Related: $0
- Other: $1,620
- Compensation: $46,200
- Related: $0
- Other: $1,386
Official website here: www.joycorps.org
Where can I find the form 990 for Joycorps Project?
Joycorps Project's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.joycorps.org
Learn more at the official website: www.joycorps.org
Mission Statement of Joycorps Project
Joycorps Project is an organization dedicated to empowering agrarian and craft-based entrepreneurs in Asia who are committed to restoring vulnerable communities. Their mission is to equip these entrepreneurs with the necessary skills to create redemptive ventures that can restore and stabilize the lives of individuals in these communities. By assessing the needs of small villages in Central Asia, Joycorps Project trains local artisans and entrepreneurs to produce and market their products, thereby creating job opportunities and contributing to the overall well-being of the community.
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Impact
July, 2024
Joycorps Project equips agrarian and craft-based entrepreneurs in Asia to restore vulnerable communities through redemptive venture creation. By assessing the needs of small villages in Central Asia and providing training to local artisans and entrepreneurs, Joycorps Project creates jobs and stabilizes lives. Through their work, they have made a significant impact on empowering individuals and communities in Asia to thrive and overcome challenges.
This information is meant to be a general summary of Joycorps Project. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $15,600
- Gross Receipts: $483,922
Assets and Liabilities:
- Total Assets: $78,682
- Total Liabilities: $4,848
- Net Assets: $73,834
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Program Revenue
Revenue
$15,600
Organization Details
Founding Year
1999
Phone
(605) 585-4009Principal Officer
Sam Parakkal
Main Address
PO BOX 8696, FAYETTEVILLE, AR, 72703
Website
www.joycorps.orgNTEE Category
Code: Q320 - International
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