Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Sep 1999.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
88 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
5 people listed on the 990.
Sam Parakkal’s $42K as Executive Director is at the 38th percentile of top reported officer pay among 1636 $100K–1M international nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 4 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Melody Murray | — | — | — | $80,347 | $85,665 |
| Sam Parakkal | $33,400 | $54,655 | $54,000 | — | — |
| Rachel Meisel | — | $34,650 | $46,200 | $42,541 | — |
| Rachel Miesel | — | — | — | — | $30,726 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2Yes
- Top official's pay set by an independent reviewPt VI · Ln 15aNo
Programs and updates
Empowering Asian entrepreneurs to rebuild communities through sustainable business ventures.
Questions for Joycorps Project
Your first name shows with your question. Joycorps Project answers here, for everyone.
Know this org? Add your story
Assess needs of small villages in south and southeast asia for the purpose of creating jobs by training the asians to produce and market products in order to stabilize their lives.
Accelerate social businesses in asia, training and equipping asian entrepreneurs to create positive change in their communities.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2019 990, line by line.
Download 990
| Line | Start FY19 | End FY19 |
|---|---|---|
| Cash and savingsLn 1–2 | $226K | $138K |
| Total assetsLn 16 | $228K | $138K |
| LiabilitiesLn 26 | $3K | $3K |
| Net assetsLn 32 | $225K | $135K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants and assistance to foreign recipientsLn 3 | $265K | $265K | ||
| Other salaries and wagesLn 7 | $158K | $124K | $35K | |
| Payroll taxesLn 10 | $12K | $9K | $3K | |
| Management feesLn 11a | $77K | $77K | ||
| Legal feesLn 11b | $7K | $7K | ||
| Accounting feesLn 11c | $7K | $7K | ||
| Advertising and promotionLn 12 | $2K | $570 | $2K | |
| Office expensesLn 13 | $829 | $829 | ||
| Information technologyLn 14 | $3K | $1K | $2K | |
| OccupancyLn 16 | $6K | $6K | ||
| TravelLn 17 | $38K | $16K | $5K | $17K |
| Conferences, conventions and meetingsLn 19 | $14K | $14K | ||
| InterestLn 20 | $673 | $673 | ||
| Other expenses (24a–d)Ln 24 | $2K | $1K | $609 | |
| Total functional expensesLn 25 | $593K | $521K | $55K | $18K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest | $410K | $475K | −$65K | $5K | 990 PDF |
| FY2023 | $577K | $581K | −$3K | $70K | 990 PDF |
| FY2022 | $484K | $609K | −$125K | $74K | 990 PDF |
| FY2021 | $726K | $749K | −$23K | $201K | 990 PDF |
| FY2020 | $669K | $582K | $87K | $222K | 990 PDF |
| FY2019 Viewing | $503K | $593K | −$91K | $135K | 990 PDF |
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Schedules filed Part IV
See the full FY2019 990 (6 parts)
Part I · Summary $502,748 revenue, 12 lines filed
Part VI · Governance 4 of 4 board members independent, 5 to look at
Part VIII · Statement of revenue $502,748 across 3 lines filed
Part IX · Statement of functional expenses $593,303 across 14 lines filed
Part X · Balance sheet $138,209 assets, 9 lines filed
Part XI · Reconciliation of net assets $134,797 net assets at year end
Form 990 e-file (XML) FY2019 from the IRS · Classification, formation year and address from the IRS Business Master File
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