Mawazo Institute

EIN: 371845043 501(c)(3) Education

La Grange, IL

Total Revenue
$959,229
Total Expenses
$782,156
Total Assets
$319,028
Net Assets
$314,721
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
IL
Phone
2159329665
Tax Period
2023-01-01 to 2023-12-31

Mawazo Institute, founded in 2016, is a small nonprofit in the Education sector that reported $959K in total revenue in fiscal year 2023. Revenue surged 883% from the prior year, signaling strong growth momentum. The organization ran a surplus of $177K, a strong 18% operating margin.

Mission

The Mawazo Institute is a non-profit research institute based in Nairobi, Kenya. We support the next generation of female thought leaders and scholars in Africa, and get policymakers and the public engaged with their research.

Program Service Accomplishments

Program 1
Expenses: $243,897 Revenue: $0

The Fellowship Program helps equip African women from across the continent with research and professional skills they need to succeed in their careers. The Programme is in its third iteration where...

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The Fellowship Program helps equip African women from across the continent with research and professional skills they need to succeed in their careers. The Programme is in its third iteration where Fellows coming into it are now referred to as Mawazo Fellows. The Programme achieves this through the following key aspects: - Fellow Fund which offers financial support for research activities aimed towards attainment of PhD - Professional training via the Mawazo Learning Exchange Platform (MLEx) which 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. - Mentorship scheme where Fellows get bespoke academic and professional support from Mawazo mentors who are all senior professionals with PhDs in Fellow-specific fields - Wellness support through coaching and other psycho-social support

Program 2
Expenses: $202,348 Revenue: $0

The Voices Programme aims at amplifying the voices of our women researchers to ensure their academic and innovative projects and solutions do not remain in the confines of their theses, but rather...

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The Voices Programme aims at amplifying the voices of our women researchers to ensure their academic and innovative projects and solutions do not remain in the confines of their theses, but rather, are known by various publics where the work can make significant contributions to solving the continent's many challenges. The Programme achieves this via the following key aspects: - Public and Policy Engagement where we run public events and produce different media outputs amplifying the work of our women researchers. We do this via our Podcast, Digest, Ideas Nights, Ideas Exchanges, and Ideas CoLabs - Strategic Partnerships where we work towards linking our women researchers to Mawazo's strategic partners in different spaces within the research and innovation ecosystems. Such partners include venture builders, funders, philanthropists, research institutes, among other entities. This ensures our women researchers get full support to actualise their work beyond what Mawazo Institute itself can do. - Connects Network is our Alumni Network that brings all former Mawazo Fellows into a network in which we offer small scale funding for post-PhD work as well as organized the network into thematic groups for maximum reach and participation. - Research arm, which is our Mawazo Institute internal research mechanism that ensures the Institute produces research outputs based on the needs of our Fellows and Alumni. So far we have several outputs on the website looking at the impact of the COVID pandemic on higher education in Africa, and continue to work on a different project on the status of African women in research.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $959,437
Program Service Revenue $0
Investment Income $-208
Other Revenue $0
TOTAL REVENUE $959,229

Expense Breakdown

Grants Paid $82,188
Salaries & Benefits $538,393
Fundraising Expenses $28,792
Program Expenses $446,245
Other Expenses $161,575
TOTAL EXPENSES $782,156

Year-over-Year Comparison

2023 2022 Change
Revenue $959,229 $97,587 +8.8%
Expenses $782,156 $900,649 -0.1%
Net Income $177,073 $-803,062 -1.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
8
Independent Members
8
Employees
19
Volunteers
8

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$74,286
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A Treasurer / Board member 0.5
Officer Director
$0 $0 $0
N/A Board Vice Chair 0.5
Officer Director
$0 $0 $0
N/A Board Chair 0.5
Officer Director
$0 $0 $0
N/A Board member 0.5
Director
$0 $0 $0
N/A Board member 0.5
Director
$0 $0 $0
N/A Board member 0.5
Director
$0 $0 $0
N/A Board member 0.5
Director
$0 $0 $0
N/A Board member 0.5
Director
$0 $0 $0
N/A CEO 40.0
Officer
$69,178 $5,108 $74,286
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $959,229 $782,156 $319,028 $177,073
2021 $1,180,095 $540,175 $956,300 $639,920
2020 $294,269 $339,454 $293,213 $-45,185
2019 $535,121 $323,482 $340,767 $211,639
2018 $243,749 $374,603 $128,625 $-130,854
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