Civic Intelligence

Azimuth World Foundation

990 • Fiscal year 2021 • EIN 83-4402779

Jan 01, 2021 to Dec 31, 2021 • Filed on May 13, 2022

PO Box 1538Bismarck, ND 58502-1538

(701) 258-7799

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

82nd percentile

0.12x

Higher debt load relative to assets than 82% of similar nonprofits.

2021 filings • NTEE Q • <$500k nonprofits • Source year 2021

Liabilities / Revenue

86th percentile

0.13x

Higher debt load relative to revenue than 86% of similar nonprofits.

2021 filings • NTEE Q • <$500k nonprofits • Source year 2021

Net Margin

8th percentile

-114%

Higher net margin than 8% of similar nonprofits.

2021 filings • NTEE Q • <$500k nonprofits • Source year 2021

Top Officer Pay

98th percentile

$91,488

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 77.4% of source-year revenue.

2021 filings • NTEE Q • <$500k nonprofits • Source year 2021

Asset Growth

11th percentile

-52%

Faster asset growth than 11% of similar nonprofits.

2021 filings • NTEE Q • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

10th percentile

-77%

Faster revenue growth than 10% of similar nonprofits.

2021 filings • NTEE Q • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$124,715

Down $132,693 (-52%) from 2020

Net Assets

Down

$109,892

Down $134,697 (-55%) from 2020

Liabilities

Up

$14,823

Up $2,004 (+16%) from 2020

Revenue

Down

$118,200

Down $393,742 (-77%) from 2020

Expenses

Up

$252,897

Up $8,110 (+3.3%) from 2020

Net Income

Down

-$134,697

Down $401,852 (-150%) from 2020

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$4.0M$3.0M$2.0M$1.0M$0-$1.0MAssets 2019: $0Liabilities 2019: $22,566Net Assets 2019: -$22,5662019Assets 2020: $257,408Liabilities 2020: $12,819Net Assets 2020: $244,5892020Assets 2021: $124,715Liabilities 2021: $14,823Net Assets 2021: $109,8922021Assets 2022: $126,831Liabilities 2022: $4,921Net Assets 2022: $121,9102022Assets 2023: $30,153Liabilities 2023: $3,465Net Assets 2023: $26,6882023Assets 2024: $3,582,436Liabilities 2024: $10,892Net Assets 2024: $3,571,5442024

Highlighted filing

2021

Assets$124,715
Liabilities$14,823
Net Assets$109,892

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$8.0M$6.0M$4.0M$2.0M$0-$2.0MRevenue 2019: $89,518Expenses 2019: $112,084Net Income 2019: -$22,5662019Revenue 2020: $511,942Expenses 2020: $244,787Net Income 2020: $267,1552020Revenue 2021: $118,200Expenses 2021: $252,897Net Income 2021: -$134,6972021Revenue 2022: $200,575Expenses 2022: $188,557Net Income 2022: $12,0182022Revenue 2023: $27,234Expenses 2023: $122,456Net Income 2023: -$95,2222023Revenue 2024: $6,147,708Expenses 2024: $175,613Net Income 2024: $5,972,0952024

Highlighted filing

2021

Revenue$118,200
Expenses$252,897
Net Income-$134,697
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 13, 2022
Return Version
2021v4.2
Gross Receipts
$118,200
Mission and Program Overview

Mission

Azimuth World Foundation is a global platform creating a positive movement worldwide by engaging and empowering others to positively impact the world of social causes and nature conservation.

Creating a movement worldwide to positively impact social causes and nature conservation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$257,408$124,715▼ $132,693
Total Assets$257,408$124,715▼ $132,693
Liabilities
Accounts Payable and Accrued Expenses$12,819$14,823▲ $2,004
Total Liabilities$12,819$14,823▲ $2,004
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$244,589$109,892▼ $134,697
Total Net Assets Fund Balance$244,589$109,892▼ $134,697
Total Liabilities and Net Assets / Fund Balance$257,408$124,715▼ $132,693
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Mariana Pereira de Sousa MarquesExecutive DirectorFT$91,488$91,488

Board Members and Trustees

NameTitle
Terrance M RockstadChair and Founder (until 12-31-21)
Gary ShayeVice Chair (until 12-31-21)
Rowan MartinBoard Advisor (until 12-31-21))
Thea BechshoftBoard Advisor (until 12-31-21))
Cody Two BearsBoard Member (until 12-31-21)
David FieldBoard Member (until 12-31-21)
Raquel FerreiraBoard Member (until 12-31-21)
David GotliebSecretary (until 12-31-21)
James Michael RamstadTreasurer (until 12-31-21)
Revenue and Support

Revenue Composition

Contributions and Grants
$118,200
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$118,200
Change in Net Assets
$-134,697
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$160,811
Professional Fundraising Fees$67,500
Total Fundraising Expense$67,500
Grants and Similar Amounts Paid$24,586
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other-$88,465-$88,465
Fees for Services Professional Fundraising--$67,500$67,500
Fees for Services Accounting-$26,315-$26,315
Information Technology-$14,997-$14,997
Foreign Grants$14,306--$14,306
Fees for Services Legal-$12,580-$12,580
Grants to Domestic Orgs$10,280--$10,280
Occupancy-$10,000-$10,000
Office Expenses-$6,021-$6,021
Other Expenses-$1,420-$1,420
Insurance-$558-$558
Advertising-$416-$416
Conferences and Meetings-$39-$39
Total Functional Expenses$24,586$160,811$67,500$252,897
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Water Missions InternationalNorth Charleston, SC501(c)(3)Safe Water System at Engucwini Health Centre$10,280

International Summary

Offices
0
Employees
3
Spending
$88,465

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Europe (Including Iceland & Greenland) - Albania, Andorra, Austria, BelgiumProgram ServiceConsulting03$88,465
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$67,500
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
Yes
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 8B

There are no committes that have authority to act on behalf of the board.

Form 990, Part VI, Section B, line 11B

The form is reviewed by the Chairman and Treasurer and provided to the board for approval before filing.

Form 990, Part VI, Section B, line 12C

All officers, directors, and key employees are required to fill out a conflict of interest form annually. The forms are reviewed by the Board Chair. Any person with a conflict is restricted from discussing or voting on related matters.

Form 990, Part VI, Section C, line 19

The organization's governing documents, conflict of interest policy, and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Azimuth World Foundation
EIN
83-4402779
Phone
7012587799
Address
PO Box 1538, Bismarck, ND 58502-1538

Signing Officer

Name
Terrance M Rockstad
Title
Chair and Founder
Phone
7012587799
Signed
2022-05-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Terrance M Rockstad
Formed
2019
Legal Domicile
Nd
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
10

Preparer

Firm
Eide Bailly LLP
Address
800 Nicollet Mall Ste 1300, Minneapolis, MN 55402-7033
Preparer
Deb Nelson CPA
Phone
6122536500
Supplemental Narrative

Additional Explanations

Form 990, Part III, line 3

The economic Impact of COVID-19 on individuals and businesses was widely covered by the media throughout 2021. This impact, added to the pandemic's social consequences, forced Azimuth World Foundation to re-adjust its fundraising strategy and calendar. Many meetings were still postponed or delayed because of safeguarding the well-being of staff, donors, partners, and other stakeholders was priority. The pandemic's financial implications, added to the aforementioned unforeseen challenges, forced us to re-evaluate our fundraising strategy and goals. This reassessment was frequently revised and altered due to the unpredictable nature of the events that unfolded in 2020's last quarter and throughout 2021. Moreover, the evident need to prepare for the financial implications meant creating a plan to help Azimuth's team get into a leaner management mode. These circumstances significantly impacted the Foundation's business plan and strategy and meant a substantial delay in launching fundraising campaigns.

Form 990, Part IX, line 11G

Consulting - Branding and Communication: Program service expenses 0. Management and general expenses 88,465. Fundraising expenses 0. Total expenses 88,465.

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IRS990ScheduleF/BoycottCountriesInd00
IRS990ScheduleF/ContinuationSpentAmt00
IRS990ScheduleF/ContinuationTotalEmployeeCnt00
IRS990ScheduleF/ContinuationTotalOfficeCnt00
IRS990ScheduleF/ForeignCorpOwnershipInd00
IRS990ScheduleF/ForeignPartnershipInd00
IRS990ScheduleF/GrantRecordsMaintainedInd01
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt011806
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt00
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt0Save the Scalesia Forest in the Galpagos
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt0Europe (Including Iceland & Greenland)
IRS990ScheduleF/InterestInForeignTrustInd00
IRS990ScheduleF/PassiveForeignInvestmestCoInd00
IRS990ScheduleF/SubtotalEmployeesCnt03
IRS990ScheduleF/SubtotalOfficesCnt00
IRS990ScheduleF/SubtotalSpentAmt088465
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0Azimuth World Foundation ensures the funds are used as intended through correspondence with the grantee and overall collaborative relationship. Funds are donated to the Charles Darwin Foundation. The Charles Darwin Foundation reports expenses to the organization.
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2:
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc1Part III Accounting Method:
IRS990ScheduleF/Total501c3OrgCnt01
IRS990ScheduleF/TotalEmployeeCnt03
IRS990ScheduleF/TotalOfficeCnt00
IRS990ScheduleF/TotalSpentAmt088465
IRS990ScheduleF/TransferToForeignCorpInd00
IRS990ScheduleG/AgrmtProfFundraisingActyInd01
IRS990ScheduleG/EmailSolicitationsInd0X
IRS990ScheduleG/FundraiserActivityInfoGrp/ActivityTxt0Provide assistance and expertise to fundraising campaigns fo
IRS990ScheduleG/FundraiserActivityInfoGrp/FundraiserControlOfFundsInd00
IRS990ScheduleG/FundraiserActivityInfoGrp/GrossReceiptsAmt00
IRS990ScheduleG/FundraiserActivityInfoGrp/NetToOrganizationAmt00
IRS990ScheduleG/FundraiserActivityInfoGrp/OrganizationBusinessName/BusinessNameLine1Txt0Ter Molen Watkins & Brandt LLC
IRS990ScheduleG/FundraiserActivityInfoGrp/RetainedByContractorAmt067500
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/AddressLine1Txt0Two Riverside Plaza Ste 1875
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/CityNm0Chicago
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/StateAbbreviationCd0IL
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/ZIPCd060606
IRS990ScheduleG/InPersonSolicitationsInd0X
IRS990ScheduleG/LicensedStatesCd0MN
IRS990ScheduleG/LicensedStatesCd1ND
IRS990ScheduleG/TotalRetainedByContractorsAmt067500
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt010280
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(c)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Safe Water System at Engucwini Health Centre
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Water Missions International
IRS990ScheduleI/RecipientTable/RecipientEIN0571116978
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0PO Box 71489
IRS990ScheduleI/RecipientTable/USAddress/CityNm0North Charleston
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0SC
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd029415
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0The organization partnered with Water Missions International, a leading implementer of sustainable safe water and sanitation engineered solutions. The partnership allowed the organization to ensure the grants were used for the intended safe water projects.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2:
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt091488
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Mariana Pereira de Sousa Marques
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0Executive Director
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt091488
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0Mariana Pereira de Sousa Marque, Executive Director, is an employee of the Rockstad Foundation, an unrelated organization. Compensation as reported in Schedule J Part II is paid by the Rockstad Foundation. The Rockstad Foundation and Azimuth World Foundation have a shared services agreement in place. For the tax year ended December 31, 2021, the Rockstad Foundation provided the Executive Director services to Azimuth World Foundation at no charge.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule J, Part I, Line 3:
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The economic Impact of COVID-19 on individuals and businesses was widely covered by the media throughout 2021. This impact, added to the pandemic's social consequences, forced Azimuth World Foundation to re-adjust its fundraising strategy and calendar. Many meetings were still postponed or delayed because of safeguarding the well-being of staff, donors, partners, and other stakeholders was priority. The pandemic's financial implications, added to the aforementioned unforeseen challenges, forced us to re-evaluate our fundraising strategy and goals. This reassessment was frequently revised and altered due to the unpredictable nature of the events that unfolded in 2020's last quarter and throughout 2021. Moreover, the evident need to prepare for the financial implications meant creating a plan to help Azimuth's team get into a leaner management mode. These circumstances significantly impacted the Foundation's business plan and strategy and meant a substantial delay in launching fundraising campaigns.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1There are no committes that have authority to act on behalf of the board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The form is reviewed by the Chairman and Treasurer and provided to the board for approval before filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3All officers, directors, and key employees are required to fill out a conflict of interest form annually. The forms are reviewed by the Board Chair. Any person with a conflict is restricted from discussing or voting on related matters.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The organization's governing documents, conflict of interest policy, and financial statements are available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Consulting - Branding and Communication: Program service expenses 0. Management and general expenses 88,465. Fundraising expenses 0. Total expenses 88,465.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part III, line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, line 11g
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd01
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0ND
IRS990/StatesWhereCopyOfReturnIsFldCd1MN
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0257408
IRS990/TotalAssetsEOYAmt0124715
IRS990/TotalAssetsGrp/BOYAmt0257408
IRS990/TotalAssetsGrp/EOYAmt0124715
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0118200
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt067500
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0160811
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt024586
IRS990/TotalFunctionalExpensesGrp/TotalAmt0252897
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt012819
IRS990/TotalLiabilitiesEOYAmt014823
IRS990/TotalLiabilitiesGrp/BOYAmt012819
IRS990/TotalLiabilitiesGrp/EOYAmt014823
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0244589
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0109892
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt024586
IRS990/TotalReportableCompFromOrgAmt091488
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00

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