Los Angeles, CA
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Sign In — Free (10 views/day)Formidable Joy, founded in 2017, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $285K in total revenue in fiscal year 2023. Revenue surged 35% from the prior year, signaling strong growth momentum. Expenses of $246K left a modest 14% surplus.
Provide access to clean water in Malawi, Africa - accomplished by drilling boreholes, repairing pumps,installing solar systems for drinking and irrigation, provide training, menstrual hygiene education, distribution of essential supplies (i.e. soap, buckets, etc) and disaster relief.
CHOLERA OUTBREAK. From 2022 to 2023, Malawi faced the deadliest cholera outbreak in its history. This outbreak was a direct result of the widespread lack of clean water and proper sanitation. We...
CHOLERA OUTBREAK. From 2022 to 2023, Malawi faced the deadliest cholera outbreak in its history. This outbreak was a direct result of the widespread lack of clean water and proper sanitation. We partnered with three local organizations to conduct live-saving educational seminars. We provided essential supplies such as chlorine, soap, gloves, buckets and bilingual flyers to communities, schools and health centers. In addition, our team built latrines and installed tippy-taps for handwashing. We also actively encouraged those eligible to get the cholera vaccine. We conducted 244 educational seminars, benefiting approximately 150,000 people.
MKAIKA SECONDARY SCHOOL. Installed 10,000 ltr solar water system for school and surrounding community. Project included drilling a new borehole, double steel tank-stand fabrication, (2) 5,000 ltr...
MKAIKA SECONDARY SCHOOL. Installed 10,000 ltr solar water system for school and surrounding community. Project included drilling a new borehole, double steel tank-stand fabrication, (2) 5,000 ltr water tanks, and integrating all solar components (pump, panels, cables, pipes, taps). Implemented water to multiple taps, including boys and girls toilets, the laboratory, the girls hostel, teacher housing and newly constructed shower facility for the girls(they previously used buckets). For many, this was their first-ever experience with running water. In addition, we conducted menstrual hygiene education seminars, and distributed reuse-, able pads and soap. The schools attendance increased from 600 students to 900 students, thanks to its improved water access. 900 students served + 200 villagers
DZALEKA REFUGEE CAMP. We installed a 10,000-liter solar-powered irrigation system across 2 hectares of land for a group of 93 female farmers at Dzaleka Refugee Camp, the largest camp in Malawi. The...
DZALEKA REFUGEE CAMP. We installed a 10,000-liter solar-powered irrigation system across 2 hectares of land for a group of 93 female farmers at Dzaleka Refugee Camp, the largest camp in Malawi. The project included purchasing land, drilling a new borehole, fabricating a steel tank stand, and installing a 10,000-liter water tank for backup supply. Components included were solar pump, panels, cables, piping, hydrants and hoses. We also provided fertilizer and insecticide to help ensure the success of the first planting season. This project will allow farmers to grow crops for their families and fellow refugees. Impact: 558 People (93 Female farmers and their families received food water, health. The surrounding village will also benefit for many years.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $284,801 | $210,720 | +0.4% |
| Expenses | $245,630 | $220,380 | +0.1% |
| Net Income | $39,171 | $-9,660 | -5.1% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
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Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Cynthia Harnist Rood | Executive Director | 50.00 |
Officer
Director
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$0 | $0 | $0 |
| Bonnie Darrow | Treasurer | 1.00 |
Officer
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$0 | $0 | $0 |
| Sapna Abrol | Secretary | 1.00 |
Officer
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$0 | $0 | $0 |
| Lisa Vebber | Board Member | 1.00 |
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$0 | $0 | $0 |
| Amy Robinson | Board Member | 1.00 |
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$0 | $0 | $0 |
| Chiletso Msang-azi | Board Member | 1.00 |
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$0 | $0 | $0 |
| Tikhala Itaye | Board Member | 1.00 |
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$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2023 | $284,801 | $245,630 | $192,314 | $39,171 |
| 2022 | $210,720 | $220,380 | $152,173 | $-9,660 |
| 2021 | $217,580 | $277,102 | $178,047 | $-59,522 |
| 2020 | $253,040 | $115,295 | $242,259 | $137,745 |
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