2022-05-10T06:35:43-05:00 2021-12-31 HAN GROUP LLC 1020 19TH STREET NW SUITE 800 WASHINGTON DC 20036 990 2021-01-01 541940918 FIVE TALENTS USA FIVE 7032277166 PO BOX 331 VIENNA VA 22183 DALE STANTON-HOYLE EXECUTIVE DIRECTOR 7032277166 2022-05-06 1 DALE STANTON-HOYLE 999009999 JENNIFER S HAN P00633304 2022937000 2022-05-06 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z DALE STANTON-HOYLE PO BOX 331 VIENNA VA 22183 1258418 0 X WWW.FIVETALENTS.ORG X 1999 VA WORK TO ERADICATE EXTREME POVERTY 13 13 7 30 0 0 559330 1244357 0 0 7307 14061 0 0 566637 1258418 224447 501444 0 0 169163 371840 0 0 176254 39796 161140 433406 1034424 133231 223994 552686 799220 7158 21707 545528 777513 X FIVE TALENTS' MISSION IS TO TRANSFORM LIVES THROUGH ECONOMIC EMPOWERMENT. THE ORGANIZATION'S VISION IS TO ERADICATE POVERTY BY RESTORING HUMAN DIGNITY AND CREATING STRONG, SUSTAINABLE COMMUNITIES. PARTNERING WITH LOCAL CHURCHES AROUND THE WORLD, FIVE TALENTS WORKS TO COMBAT POVERTY IN THE DEVELOPING WORLD BY:(1) EMPOWERING FAMILIES LIVING IN POVERTY WITH KNOWLEDGE AND SKILLS TO READ, WRITE, SAVE, AND INVEST.(2) DEVELOPING COMMUNITY SAVINGS GROUPS AND HELPING FAMILIES TO LAUNCH AND GROW SMALL BUSINESSES. 0 0 753957 501444 BELOW IS A SUMMARY OF THE ORGANIZATION'S IMPACT BY COUNTRY THROUGH DECEMBER 31, 2021:LATIN AMERICABOLIVIA - FIVE TALENTS HAS WORKED IN THE MOUNTAINOUS AREAS OF SOUTHERN BOLIVIA FOR OVER A DECADE, REACHING FAMILIES LIVING IN EXTREME POVERTY, AND DEVELOPED A PLAN FOR EXPANSION TO THREE NEW AREAS. IN PARTNERSHIP WITH SEEDS OF BLESSING, THE ORGANIZATION FACILITATES SMALL BUSINESS DEVELOPMENT THROUGH TRAINING, MENTORSHIP, AND COMMUNITY SAVINGS AND LOANS. PARTICIPANTS JOIN SMALL SAVINGS GROUPS AND RECEIVE TRAINING IN BUDGETING, SAVING, BUSINESS PLANNING, NUTRITION, AND DISCIPLESHIP. THEY LEARN HOW TO INVEST IN AND GROW SMALL BUSINESSES. ASIAMYANMAR - FIVE TALENTS HAS WORKED IN MYANMAR FOR ALMOST A DECADE WITH THE LOCAL ANGLICAN CHURCH'S MOTHERS UNION TO CATALYZE MICRO-ENTERPRISE DEVELOPMENT. PROGRAMS HAVE FOCUSED ON THE CREATION OF SAVINGS AND LOAN GROUPS IN UNDEVELOPED REGIONS OF IRRAWADDY DELTA, YANGON, TOUNGOO, MANDALAY, PYAY, HPA-AN AND MYITKYINA. SAVINGS GROUP MEMBERS ESTABLISH OR DEVELOP THEIR OWN BUSINESSES AND OFTEN WORK TOGETHER TO FORM COOPERATIVES. MEMBERS DEVELOPED A VARIETY OF AGRICULTURAL BUSINESSES, INCLUDING THE PRODUCTION OF RICE, COFFEE, CHILI, TEA, MUSHROOMS, BEANS, BETEL PALM PRODUCTS, TURMERIC POWDER, SOAPS, LOTIONS, AND NATURAL BEAUTY PRODUCTS.AFRICABURUNDI - BURUNDI IS THE WORLD'S MOST RURAL COUNTRY, WITH 90% OF THE POPULATION ENGAGED IN FARMING. IT IS ALSO ONE OF THE WORLD'S POOREST COUNTRIES, WITH 70% SUBSISTING ON LESS THAN ONE DOLLAR PER DAY. ONLY 5.2% OF WOMEN HAVE HAD ACCESS TO A HIGH SCHOOL EDUCATION. FIVE TALENTS PARTNERS WITH THE MOTHERS UNION OF THE ANGLICAN CHURCH IN BURUNDI TO OFFER TRAINING IN LITERACY AND NUMERACY, BUSINESS SKILLS, AND THE FORMATION OF COMMUNITY SAVINGS GROUPS. TO DATE, OVER 65,000 PEOPLE, 75% WOMEN, HAVE JOINED 2600 COMMUNITY SAVINGS AND LOAN ASSOCIATIONS. MEMBERS HAVE ACCESS TO MENTORSHIP, BASIC FINANCIAL SERVICES, AND EMERGENCY FUNDS. ABOUT 90% OF THESE GROUPS ARE NOW SELF-MANAGING.DEMOCRATIC REPUBLIC OF CONGO - IN 2018 FIVE TALENTS BEGAN A PARTNERSHIP WITH THE DIOCESE OF ARU, IN THE NORTHEASTERN CORNER OF DR CONGO. OVER THE PAST THREE YEAR, THE ORGANIZATION HAS WORKED TO MOBILIZE CHURCH AND COMMUNITY LEADERS, TO TRAIN AND MENTOR STAFF AND COMMUNITY WORKERS, AND TO LAUNCH 270 NEW SAVINGS GROUPS.KENYA - FIVE TALENTS BEGAN WORKING IN KENYA WELL OVER A DECADE AGO AND HAS SERVED COMMUNITIES IN REGIONS ACROSS KENYA. PARTICIPANTS IN THESE PROGRAMS LEARN KEY SKILLS IN FINANCIAL MANAGEMENT AND BUSINESS DEVELOPMENT. THEY ALSO ENGAGE IN COMMUNITY-OWNED AND MANAGED SAVINGS GROUPS, MEETING TOGETHER ON A WEEKLY BASIS. MOST MEMBERS START AS SUBSISTENCE LEVEL FARMERS, BUT MANY END UP DEVELOPING THEIR OWN SMALL BUSINESSES. THE ORGANIZATION IS SERVING SAVINGS GROUPS IN FIVE REGIONS AND ITS PROGRAMS HAVE REACHED 17,660 MEMBERS.SOUTH SUDAN - FIVE TALENTS HAS WORKED SUCCESSFULLY IN SOUTH SUDAN AND SUDAN FOR OVER A DECADE AND IS ONE OF THE FEW ORGANIZATIONS THAT HAS WORKED TO DEVELOP A SUSTAINABLE MODEL FOR MICROFINANCE THERE. WE WORK IN FOUR REGIONS IN SOUTH SUDAN: GREATER BAHR-EL-GHAZAL, JUBA, RENK AND TEREKEKA, AND HAVE SERVED OVER 40,000 MEMBERS ACROSS THE COUNTRY WITH TRAINING AND ACCESS TO FINANCIAL SERVICES. ADDITIONALLY, FIVE TALENTS HAS PILOTED A TRAUMA-HEALING FOR PEACE-BUILDING PROGRAM THROUGH THE SAVINGS GROUP PLATFORM DURING THE PAST TWO YEARS. TANZANIA - FIVE TALENTS HAS WORKED IN TANZANIA FOR OVER A DECADE, WITH A VARIETY OF LOCAL PARTNERS, TO PROVIDE FINANCIAL INCLUSION SERVICES TO THE RURAL POOR. OUR PROGRAMS PROVIDE WOMEN WITH ACCESS TO COMMUNITY SAVINGS AND MICRO-LOANS FOR LOCAL DEVELOPMENT. PROGRAMS HAVE SERVED OVER 8,000 MEMBERS IN MOROGORO AND NUMEROUS REGIONS THAT ARE PART OF VICOBA IN TANZANIA.UGANDA - FIVE TALENTS SUPPORTS LITERACY, BUSINESS TRAINING, AND COMMUNITY SAVINGS PROGRAMS IN KARAMOJA, UGANDA. ABOUT 2,000 MEMBERS HAVE PARTICIPATED IN THE ORGANIZATION'S PROGRAMS IN KARAMOJA. 753957 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 5 0 1 7 1 0 0 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA IL MA MD NC OH PA SC TN VA WA X X FIVE TALENTS 7032426016 PO BOX 331 VIENNA VA 22183 KIM PACALA CHAIR OF THE BOARD 6.00 X X 0 0 0 CORKY EDDINS VICE CHAIR 4.00 X X 0 0 0 STEVE TEES TREASURER 2.00 X X 0 0 0 JIM OAKES ACTING SECRETARY 4.00 X X 0 0 0 KATHI CROW DIRECTOR 1.00 X 0 0 0 DEB CONVER DIRECTOR 1.00 X 0 0 0 BILL EGGBEER DIRECTOR 1.00 X 0 0 0 DONNA IVEY DIRECTOR 1.00 X 0 0 0 JIM LEWIS DIRECTOR 1.00 X 0 0 0 FRANCINE MAESTRI DIRECTOR 1.00 X 0 0 0 ART MEDICI DIRECTOR 1.00 X 0 0 0 DANA WICHTERMAN DIRECTOR 1.00 X 0 0 0 APRIL YOUNG DIRECTOR 1.00 X 0 0 0 DALE STANTON-HOYLE EXECUTIVE DIRECTOR 40.00 X 80000 0 19659 80000 0 19659 0 0 0 0 0 1244357 25304 1244357 14061 14061 1258418 0 0 14061 501444 501444 99659 59795 14949 24915 222382 112969 33296 76117 6616 3360 990 2266 17090 7930 2555 6605 26093 13888 3909 8296 450 450 8366 8366 31807 13036 10988 7783 73212 19742 19785 33685 12000 6389 1797 3814 3007 1601 450 956 2394 1291 340 763 201 107 30 64 7844 4176 1175 2493 PRINTING 16859 8229 133 8497 BAD DEBT 5000 5000 1034424 753957 104213 176254 159385 257426 219288 384253 13900 16345 8527 7629 466 898 159647 140298 552686 799220 7158 8525 13182 7158 21707 X 308373 443323 237155 334190 545528 777513 552686 799220 223994 7991 0 X X 0 1 X 1 0 X 868355 989267 1071633 559330 1244357 4732942 868355 989267 1071633 559330 1244357 4732942 715607 4017335 7617 9148 10042 7307 14061 48175 247 247 4781364 0.84020 0.84120 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER - 2017 AMOUNT: $ 247. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 8527 7629 898 898 X 1278809 7991 12400 20391 1258418 0 1258418 1046824 12400 12400 1034424 0 1034424 PART X, LINE 2: THE ORGANIZATION FOLLOWS THE AUTHORITATIVE GUIDANCE RELATING TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES INCLUDED IN ACCOUNTING STANDARDS CODIFICATION TOPIC 740-10, INCOME TAXES. THESE PROVISIONS PROVIDE CONSISTENT GUIDANCE FOR THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS AND PRESCRIBE A THRESHOLD OF "MORE LIKELY THAN NOT" FOR RECOGNITION AND DERECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. IT IS THE ORGANIZATION'S POLICY TO RECOGNIZE INTEREST AND/OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS, IF ANY, IN INCOME TAX EXPENSES. THE ORGANIZATION PERFORMED AN EVALUATION OF UNCERTAIN TAX POSITIONS FOR THE YEAR ENDED DECEMBER 31, 2021 AND DETERMINED THAT THERE WERE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS OR THAT MAY HAVE ANY EFFECT ON ITS TAX-EXEMPT STATUS. THE STATUTE OF LIMITATIONS GENERALLY REMAINS OPEN FOR THREE TAX YEARS WITH THE U.S. FEDERAL JURISDICTION OR THE VARIOUS STATES AND LOCAL JURISDICTIONS IN WHICH THE ORGANIZATION FILES TAX RETURNS. 0 SOUTH AMERICA - BOLIVIA 0 1 PROGRAM SERVICES TECHNICAL ASSISTANCE, TRAINING, AND OVERSIGHT 7588 SUB-SAHARAN AFRICA - BURUNDI, KENYA, UGANDA, SOUTH SUDAN 0 1 PROGRAM SERVICES TECHNICAL ASSISTENCE, TRAINING, AND OVERSIGHT 64720 EAST ASIA - MYANMAR 0 3 PROGRAM SERVICES TECHNICAL ASSISTENCE, TRAINING, AND OVERSIGHT 45 SOUTH AMERICA - BOLIVIA 0 1 GRANTS 23448 SUB-SAHARAN AFRICA - BURUNDI, KENYA, UGANDA, SOUTH SUDAN 0 1 GRANTS 374092 EAST ASIA - MYANMAR 0 3 GRANTS 20000 0 10 0 0 0 10 489893 0 489893 SOUTH AMERICA - BOLIVIA LITERACY, FINANCIAL SAVINGS GROUPS, TECHNICAL ASSISTANCE, TRAINING & OVERSIGHT 7588 WIRE TRANSFER 0 FMV SUB-SAHARAN AFRICA - BURUNDI, KENYA, UGANDA, SOUTH SUDAN LITERACY, FINANCIAL SAVINGS GROUPS, TECHNICAL ASSISTANCE, TRAINING & OVERSIGHT 64720 WIRE TRANSFER 0 FMV SOUTH AMERICA - BOLIVIA LITERACY, FINANCIAL SAVINGS GROUPS, TECHNICAL ASSISTANCE, TRAINING & OVERSIGHT 23448 WIRE TRANSFER 0 FMV SUB-SAHARAN AFRICA - BURUNDI, KENYA, UGANDA, SOUTH SUDAN LITERACY, FINANCIAL SAVINGS GROUPS, TECHNICAL ASSISTANCE, TRAINING & OVERSIGHT 374092 WIRE TRANSFER 0 FMV EAST ASIA - MYANMAR LITERACY, FINANCIAL SAVINGS GROUPS, TECHNICAL ASSISTANCE, TRAINING & OVERSIGHT 20000 WIRE TRANSFER 0 FMV 6 0 1 0 0 0 0 0 PART I, LINE 3: FIVE TALENTS REQUIRES A SIGNED MEMORANDUM OF UNDERSTANDING FROM ORGANIZATIONS IT GRANTS TO DETAILING THE PURPOSE OF ANY FUNDING RECEIVED. FIVE TALENTS REQUIRES QUARTERLY REPORTING FROM ALL ORGANIZATIONS WHO RECEIVE FUNDING AND FIVE TALENTS REQUIRES REGULAR AUDITS BY AN INDEPENDENT AGENCY. FIVE TALENTS USES OUTSIDE CONSULTANTS TO PROVIDE TECHNICAL ASSISTANCE AND PROGRAM OVERSIGHT TO RECIPIENT ORGANIZATIONS. THE ORGANIZATIONS ARE VISITED BY FIVE TALENTS STAFF MEMBERS. PART III ACCOUNTING METHOD: X 6 25304 FAIR MARKET VALUE 0 1 1 PART I, COLUMN (B): THE ORGANIZATION REPORTED THE NUMBER OF CONTRIBUTIONS IN PART I, COLUMN (B) PART I, LINE 32B: THE ORGANIZATION USES THE WASHINGTON GROUP TO MANAGE ITS INVESTMENT PORTFOLIO AND PROCESS ITS DONATED SECURITIES. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE GOVERNING BODY, EXECUTIVE DIRECTOR AND AUDIT AND FINANCE COMMITTEE PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REQUIRES THAT OFFICERS MUST DISCLOSE THE EXISTENCE OF A FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF THE COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING A PROPOSED TRANSACTION OR ARRANGEMENT AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS. AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, THEY SHALL LEAVE THE GOVERNING BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. FORM 990, PART VI, SECTION B, LINE 15 MEMBERS OF THE BOARD OF DIRECTORS REVIEW AND APPROVE COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MADE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST DURING THE TAX YEAR. FORM 990, PART XII, LINE 2C: FIVE TALENTS DID NOT CHANGE EITHER ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.