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CHARITY REVIEW
Issued: September 2023 Expires: September 2025

Yamba Malawi

Accredited Charity
Accredited Charity

Meets Standards
Accreditation seal
(646) 963-6076
244 5th Ave Ste 1280
New York, NY, 10001
https://www.yambamalawi.org/
📄 Full Report 🖨️ Print 📋 BBB Charity Standards

Standards For Charity Accountability

Governance

  1. Board Oversight
  2. Board Size
  3. Board Meetings
  4. Board Compensation
  5. Conflict of Interest

Measuring Effectiveness

  1. Effectiveness Policy
  2. Effectiveness Report

Finances

  1. Program Expenses
  2. Fundraising Expenses
  3. Accumulating Funds
  4. Audit Report
  5. Detailed Expense Breakdown
  6. Accurate Expense Reporting
  7. Budget Plan

Fundraising & Info

  1. Truthful Materials
  2. Annual Report
  3. Website Disclosures
  4. Donor Privacy
  5. Cause Marketing Disclosures
  6. Complaints

Yamba Malawi meets the 20 Standards for Charity Accountability.

Stated Purpose:
Yamba Malawi's mission is to uplift Malawi's children by enabling communities to break the cycle of poverty.

Year, State Incorporated:
2006, NY

Yamba Malawi is a nonprofit organization dedicated to ending childhood poverty. We disrupt the poverty cycle by empowering parents and caregivers with a diverse blend of economic, educational, health, and social tools, resulting in the creation of household-run businesses and, consequently, brighter futures for their children. This multi-pronged strategy has been our foundation, targeting the multifaceted nature of poverty. Our interventions offer training in vital areas like parenting, early childhood development, nutrition, and entrepreneurial skills. These tools not only help to build robust income-generating ventures but also nurture children in a supportive and enriched environment.

By embracing a community-centered approach, we ensure that our efforts resonate beyond the immediate beneficiaries. This ripple effect strengthens the fabric of the communities we work in, bolstering resilience and prosperity not just for individual families but for Malawi as a whole. Our partnerships with community banks further equip caregivers by providing them with knowledge in financial literacy, budgeting, and savings, preparing them for sustainable futures. Yamba Malawi is not just combating childhood poverty; we are igniting a resilient, prosperous future for Malawi and beyond.

For the year ended December 31, 2021, Yamba Malawi's program expenses were:

Programs $1,541,076
Total Program Expenses $1,541,076

Chair of the Board
Melissa Kushner

Chair's Profession / Business Affiliation

Board Size
18

Paid Staff Size
32

Method(s) Used:
Direct mail appeals, Invitations to fund raising events, Grant proposals, Internet, Planned giving arrangements, Appeals via Social Media (Facebook, etc.)

% of Related Contributions on Fundraising: 5.07%

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.

The following information is based on Yamba Malawi's audited financial statements for the year ended December 31, 2021.

Source of Funds
Contributions $2,428,512
Special events, net of costs of direct benefits to donors of $27,862 $812,728
Paycheck protection program debt forgiveness $111,389
Other revenue $13,010
In-kind contributions $8,574
Investment return, net $122
Total Income $3,374,335

Programs: 82% Fundraising: 9% Administrative: 9%

Total Income $3,374,335
Total expenses: $1,889,508
  Program expenses $1,541,076
  Fundraising expenses $170,574
  Administrative expenses $177,858
  Other expenses $0
Income in Excess of Expenses $1,484,827
Beginning Net Assets $1,133,853
Other Changes In Net Assets $16,003
Ending Net Assets $2,634,683
Total Liabilities $233,385
Total Assets $2,868,068

An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.

This report is not to be used for fundraising or promotional purposes.

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Report completed by:
BBB Foundation of Metropolitan New York