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
70 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
6 people listed on the 990; $100K paid to officers and key staff.
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 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
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.
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Assess needs of small villages in central asia for the purpose of creating jobs by training the local artisans and entrepreneurs to produce and market products in order to stabilize their lives.
Accelerate social businesses in asia, training and equipping asia-based 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 FY2022 990, line by line.
Download 990
| Line | Start FY22 | End FY22 |
|---|---|---|
| Cash and savingsLn 1–2 | $120K | $78K |
| Total assetsLn 16 | $202K | $79K |
| LiabilitiesLn 26 | $2K | $5K |
| Net assetsLn 32 | $201K | $74K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants and assistance to foreign recipientsLn 3 | $91K | $91K | ||
| Pay of current officers, directors and key staffLn 5 | $101K | $33K | $34K | $33K |
| Other salaries and wagesLn 7 | $48K | $24K | $24K | |
| Other employee benefitsLn 9 | $6K | $1K | $4K | $2K |
| Payroll taxesLn 10 | $12K | $3K | $5K | $4K |
| Management feesLn 11a | $9K | $3K | $6K | |
| Legal feesLn 11b | $1K | $1K | ||
| Accounting feesLn 11c | $9K | $9K | ||
| Other fees for servicesLn 11g | $196K | $186K | $11K | |
| Advertising and promotionLn 12 | $1K | $1K | $120 | |
| Office expensesLn 13 | $2K | $55 | $1K | $1K |
| Information technologyLn 14 | $14K | $2K | $10K | $2K |
| OccupancyLn 16 | $19K | $19K | ||
| TravelLn 17 | $29K | $19K | $2K | $7K |
| Conferences, conventions and meetingsLn 19 | $70K | $70K | ||
| InterestLn 20 | $14 | $14 | ||
| InsuranceLn 23 | $36 | $36 | ||
| Other expenses (24a–d)Ln 24 | $973 | $414 | $485 | $74 |
| Total functional expensesLn 25 | $609K | $429K | $106K | $74K |
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 Viewing | $484K | $609K | −$125K | $74K | 990 PDF |
| FY2021 | $726K | $749K | −$23K | $201K | 990 PDF |
| FY2020 | $669K | $582K | $87K | $222K | 990 PDF |
| FY2019 | $503K | $593K | −$91K | $135K | 990 PDF |
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Schedules filed Part IV
See the full FY2022 990 (6 parts)
Part I · Summary $483,922 revenue, 12 lines filed
Part VI · Governance 4 of 4 board members independent, no flags
Part VIII · Statement of revenue $483,922 across 5 lines filed
Part IX · Statement of functional expenses $608,914 across 18 lines filed
Part X · Balance sheet $78,682 assets, 10 lines filed
Part XI · Reconciliation of net assets $73,834 net assets at year end
Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File
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