2020-11-04T13:09:27-06:00 2020-06-30 HAN GROUP LLC 1020 19TH STREET NW SUITE 800 WASHINGTON DC 20036 990 2019-07-01 541940918 FIVE TALENTS USA FIVE 7032426016 PO BOX 331 VIENNA VA 22183 DALE STANTON-HOYLE EXECUTIVE DIRECTOR 7032426016 2020-11-03 1 JENNIFER S HAN P00633304 2022937000 2020-10-30 38.105.93.110 2020-11-03 17:49:12 ES P 9EC43C52CA45E21909336844052E207A65737BCB 9EC43C52CA45E21909336844052E207A65737BCB 2019 2021-01-29 14:40:06Z DALE STANTON-HOYLE PO BOX 331 VIENNA VA 22183 1081675 0 X WWW.FIVETALENTS.ORG X 1999 VA WORK TO ERADICATE EXTREME POVERTY 12 12 9 30 0 0 989267 1071633 0 0 7538 10042 0 0 996805 1081675 437843 440060 0 0 324534 344556 0 517 145673 137740 148216 900117 933349 96688 148326 397119 413694 73677 14510 323442 399184 X FIVE TALENTS' MISSION IS TO TRANSFORM LIVES THROUGH ECONOMIC EMPOWERMENT. FIVE TALENTS' VISION IS TO ERADICATE EXTREME POVERTY BY RESTORING HUMAN DIGNITY AND CREATING STRONG, SUSTAINABLE COMMUNITIES.FIVE TALENTS WORKS TO COMBAT POVERTY IN THE DEVELOPING WORLD BY:1) EQUIPPING COMMUNITY LEADERS TO CARE FOR THE POOR AND LESS FORTUNATE; 2) EMPOWERING POOR FAMILIES WITH KNOWLEDGE AND SKILLS TO READ, WRITE, SAVE, AND INVEST; (3) DEVELOPING COMMUNITY SAVINGS GROUPS TO HELP FAMILIES LAUNCH AND GROW SMALL BUSINESSES. 0 0 700270 440060 FIVE TALENTS SIGNS MEMORANDUMS OF UNDERSTANDING WITH MICROENTERPRISE DEVELOPMENT PARTNERS THAT OPERATE COMMUNITY SAVINGS AND LOAN PROGRAMS IN DEVELOPING COUNTRIES. THESE DOCUMENTS PROVIDE FOR FUNDING FROM FIVE TALENTS, BASED ON MUTUALLY-AGREED UPON PLANS. FIVE TALENTS ALSO RECEIVES FUNDS DESIGNATED FOR CERTAIN PROGRAMS AND COUNTRIES. BELOW IS A BRIEF SUMMARY OF FIVE TALENTS' IMPACT BY COUNTRY THROUGH 2019:LATIN AMERICABOLIVIA - FIVE TALENTS HAS WORKED IN THE MOUNTAINOUS AREAS OF SOUTHERN BOLIVIA FOR OVER A DECADE, REACHING FAMILIES LIVING IN EXTREME POVERTY. IN PARTNERSHIP WITH SEEDS OF BLESSING, FIVE TALENTS 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. CURRENTLY, ABOUT 250 FAMILIES ARE MEMBERS, AND 75% DESCRIBE THE BIGGEST CHANGES IN THEIR LIVES AS HAVING SAVINGS AND BEING BRAVE ENOUGH TO IMPROVE THEIR LIVES.ASIAINDONESIA - FOR WELL OVER A DECADE, FIVE TALENTS HAS PARTNERED WITH THE GERHATI FOUNDATION TO SERVE OVER 14,000 ENTREPRENEURS IN THE URBAN SLUMS OF JAKARTA. PROGRAM PARTICIPANTS HAVE GAINED ACCESS TO MICRO-BUSINESS LOANS, PARTICIPATE IN A SAVINGS PROGRAM, AND RECEIVE TRAINING IN BUDGETING AND OTHER BUSINESS SKILLS.MYANMAR - FIVE TALENTS HAS WORKED IN MYANMAR FOR ALMOST A DECADE WITH THE LOCAL ANGLICAN CHURCH'S MOTHERS UNION TO CATALYZE MICROENTERPRISE DEVELOPMENT. FIVE TALENTS' PROGRAMS HAVE FOCUSED ON THE CREATION OF SAVINGS AND LOAN GROUPS IN RURAL AND UNDEVELOPED REGIONS OF IRRAWADDY DELTA, YANGON, MANDALAY, HPA-AN IN KAYIN STATE, AND MYITKYINA IN KACHIN STATE. 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 58,000 PEOPLE, MOSTLY WOMEN, HAVE JOINED COMMUNITY SAVINGS AND LOAN ASSOCIATIONS. MEMBERS HAVE ACCESS TO MENTORSHIP, BASIC FINANCIAL SERVICES, AND EMERGENCY FUNDS. EIGHTY PERCENT OF THESE GROUPS ARE NOW SELF-MANAGING.DEMOCRATIC REPUBLIC OF CONGO - IN 2018 FIVE TALENTS BEGAN A MINISTRY IN THE DIOCESE OF ARU, IN THE NORTHEASTERN CORNER OF DR CONGO. OVER THE PAST YEAR, FIVE TALENTS HAS WORKED TO MOBILIZE CHURCH AND COMMUNITY LEADERS, TO TRAIN AND MENTOR STAFF AND COMMUNITY WORKERS, AND TO LAUNCH NEW LITERACY GROUPS IN 60 DIFFERENT COMMUNITIES.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. DURING THE PAST YEAR, SAVINGS GROUPS SERVED OVER 7,000 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. DURING THE PAST YEAR, FIVE TALENTS LAUNCHED A NEW PROGRAM IN TEREKEKA. WE SERVED OVER 7,000 MEMBERS ACROSS THE COUNTRY WITH TRAINING AND ACCESS TO FINANCIAL SERVICES.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. DURING THE PAST YEAR, THE PROGRAMS SERVED OVER 6,000 MEMBERS IN VICOBA AND MOROGORO, TANZANIA.UGANDA - FIVE TALENTS SUPPORTS LITERACY, BUSINESS TRAINING, AND COMMUNITY SAVINGS PROGRAMS IN KARAMOJA, UGANDA. DURING THE PAST YEAR, OVER 2,200 MEMBERS PARTICIPATED IN FIVE TALENTS PROGRAMS IN KARAMOJA. 700270 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 9 1 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 0 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 JIM OAKES CHAIRMAN 6.00 X X 0 0 0 KIMBERLY MCCLURE PACALA VICE CHAIR 4.00 X X 0 0 0 STEVE TEES TREASURER 2.00 X X 0 0 0 AIMEE DAVIS TREASURER (UNTIL NOV 2019) 2.00 X X 0 0 0 KATHLEEN CROW SECRETARY 4.00 X X 0 0 0 PAUL COLLINS DIRECTOR 1.00 X 0 0 0 DEB CONVER DIRECTOR 1.00 X 0 0 0 THE REV CORKY EDDINS DIRECTOR 1.00 X 0 0 0 JAMES JIM M LEWIS DIRECTOR 1.00 X 0 0 0 FRANCINE MAESTRI DIRECTOR 1.00 X 0 0 0 ARTHUR MEDICI DIRECTOR 1.00 X 0 0 0 WILLIAM EGGBEER PAST CHAIR 1.00 X 0 0 0 DR APRIL YOUNG PAST CHAIR 1.00 X 0 0 0 DALE STANTON-HOYLE EXECUTIVE DIRECTOR 40.00 X 80000 0 17303 80000 0 17303 0 0 0 0 0 1071633 33614 1071633 10042 10042 1081675 0 0 10042 440060 440060 98598 54229 9860 34509 206296 108034 33003 65259 5551 2902 899 1750 9258 4609 2026 2623 24853 13198 3559 8096 550 550 19908 19908 517 517 6391 1120 4926 345 1397 742 200 455 27254 10938 5115 11201 17800 9452 2550 5798 6543 3289 1236 2018 9193 4793 1460 2940 280 149 40 91 6414 3406 919 2089 PROGRAM EVAL/ASSESSMENT 40804 40804 PRINTING 11682 2545 1155 7982 933349 700270 87406 145673 107372 43995 0 151532 227362 5147 2199 7894 7344 761 550 132307 139588 397119 413694 13677 7510 60000 7000 0 73677 14510 X 131256 159850 192186 239334 323442 399184 397119 413694 X 148326 -2584 -70000 X X 0 1 X 1 0 X 722027 716163 868355 989267 1071633 4367445 722027 716163 868355 989267 1071633 4367445 578399 3789046 17347 4508 7617 9148 10042 48662 247 247 4416354 0.85800 0.88360 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER - 2017 AMOUNT: $ 247. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7894 7344 550 550 X 1102197 -2584 23106 20522 1081675 0 1081675 1026455 23106 70000 93106 933349 0 933349 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 JUNE 30, 2020 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. 1 EAST ASIA AND THE PACIFIC 0 3 PROGRAM SERVICES TECHNICAL ASSISTANCE, TRAINING, AND OVERSIGHT 127 SOUTH ASIA 0 0 PROGRAM SERVICES TECHNICAL ASSISTENCE, TRAINING, AND OVERSIGHT 9315 SOUTH AMERICA 0 1 PROGRAM SERVICES TECHNICAL ASSISTANCE, TRAINING, AND OVERSIGHT 9349 SUB-SAHARAN AFRICA 0 1 PROGRAM SERVICES TECHNICAL ASSISTANCE, TRAINING, AND OVERSIGHT 22013 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 0 GRANTS 10000 SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, 0 0 GRANTS 57000 SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, 0 0 GRANTS 25000 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, 0 0 GRANTS 348060 0 5 0 0 0 5 480864 0 480864 SUB-SAHARAN AFRICA LITERACY, FINANCIAL SAVINGS GROUPS & ENTERTAINMENT, TECHNICAL ASSISTANCE, TRAINING & OVERSIGHT 125000 WIRE TRANSFER FMV SUB-SAHARAN AFRICA LITERACY, FINANCIAL SAVINGS GROUPS & ENTERTAINMENT, TECHNICAL ASSISTANCE, TRAINING & OVERSIGHT 32750 WIRE TRANSFER FMV SUB-SAHARAN AFRICA LITERACY, FINANCIAL SAVINGS GROUPS & ENTERTAINMENT, TECHNICAL ASSISTANCE, TRAINING & OVERSIGHT 190310 WIRE TRANSFER FMV EAST ASIA AND THE PACIFIC LITERACY, FINANCIAL SAVINGS GROUPS & ENTERTAINMENT, TECHNICAL ASSISTANCE, TRAINING & OVERSIGHT 10000 WIRE TRANSFER FMV SOUTH ASIA LITERACY, FINANCIAL SAVINGS GROUPS & ENTERTAINMENT, TECHNICAL ASSISTANCE, TRAINING & OVERSIGHT 51990 CREDIT CARD PAYMENT, WIRE TRANSFER 5010 TRANSPORTATION FOR CONSULTING / TRAINING TRIP FMV SOUTH AMERICA FINANCIAL SAVINGS GROUPS & EMPOWERMNET, TECHNICAL ASSISTANCE, TRAINING & OVERSIGHT 25000 CASH ADVANCE, WIRE TRANSFER FMV 6 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 II, LINE 1 ACCOUNTING METHOD: THE ORGANIZATION USES THE ACCRUAL METHOD OF ACCOUNTING AS THAT IS THE METHOD USED FOR FINANCIAL STATEMENT REPORTING. PART III ACCOUNTING METHOD: X 13 33614 FAIR MARKET VALUE 0 1 0 PART I, COLUMN (B): THE ORGANIZATION REPORTED THE NUBMER OF CONTRIBUIONS IN PART I, COLUMN(B). FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR AND AUDIT AND FINANCE COMMITTEE PRIOR TO FILING PERIOD. 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 XI, LINE 9: PRIOR PLEDGES NOT RECEIVED -70,000. FORM 990, PART XII, LINE 2C FIVE TALENTS DID NOT CHANGE EITHER ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.