FIVE TALENTS U S A: Form 990, tax year 2014
View the entire original 990 at ProPublica ↗
- Organization
- FIVE TALENTS U S A (EIN 54-1940918)
- Tax period
- 2014-07-01 to 2015-06-30
- Filed
- 2015-10-21
- IRS object ID
- 201542949349300509
- Schema version
- 2014v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2015-10-21T08:55:39-05:00 | ReturnTs |
| Tax Period End | 2015-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 202153727 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SB & Company LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 200 International Circle Suite 5500 | AddressLine1Txt |
| City | Hunt Valley | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 21030 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2014-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 541940918 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Five Talents- USA | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | FIVE | BusinessNameControlTxt |
| Phone | 7032426016 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 331 | AddressLine1Txt |
| City | Vienna | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22183 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Sonia H Patterson | PersonNm |
| Person Title | President/CEO | PersonTitleTxt |
| Phone | 7032426016 | PhoneNum |
| Signature | 2015-10-21 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Pamela Gray | PreparerPersonNm |
| PTIN | P01237506 | PTIN |
| Phone | 4105840060 | PhoneNum |
| Preparation | 2015-10-14 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2014 | TaxYr |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Sonia H Patterson | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 331 | AddressLine1Txt |
| City | Vienna | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22183 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $1,025,059 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.fivetalents.org | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1999 | FormationYr |
| Legal Domicile State | VA | LegalDomicileStateCd |
| Activity Or Mission | To fight poverty, create jobs and transform lives by empowering the poor in developing countries using innovative savings and microcredit programs, business training and spiritual development. | ActivityOrMissionDesc |
| Voting Members Governing Body | 13 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 13 | VotingMembersIndependentCnt |
| Total Employee | 12 | TotalEmployeeCnt |
| Total Volunteers | 38 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $887,383 | PYContributionsGrantsAmt |
| CY Contributions Grants | $981,940 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $252 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,494 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$56,767 | PYOtherRevenueAmt |
| CY Other Revenue | -$27,709 | CYOtherRevenueAmt |
| PY Total Revenue | $830,868 | PYTotalRevenueAmt |
| CY Total Revenue | $955,725 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $331,792 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $307,712 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $407,050 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $345,383 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $138,747 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $135,107 | PYOtherExpensesAmt |
| CY Other Expenses | $146,632 | CYOtherExpensesAmt |
| PY Total Expenses | $873,949 | PYTotalExpensesAmt |
| CY Total Expenses | $799,727 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$43,081 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $155,998 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $207,696 | TotalAssetsBOYAmt |
| Total Assets EOY | $348,613 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $84,459 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $69,378 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $123,237 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $279,235 | NetAssetsOrFundBalancesEOYAmt |
| Mission | Five Talents' mission is to fight poverty, create jobs and transform lives by empowering the poor in developing countries using innovative savings and microcredit programs, business training and spiritual development. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $325,690 | ExpenseAmt |
| Grant | $28,394 | GrantAmt |
| Desc | To assist program partners with capacity building using evaluation, oversight and assistance for microenterprise and savings led organizations in developing countries that are approved partners with Five Talents or are seeking approval as a partner with Five Talents. This is accomplished using program visits, web and in-person partner conferences, best practices training related to performance management, financial reporting, impact evaluation, spiritual development, church partnerships and risk assessments. This includes training and travel for Five Talents staff to lead and instruct overseas conferences and workshops. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $279,315 | ExpenseAmt |
| Grant | $279,318 | GrantAmt |
| Desc | To provide funding and technical assistance for microenterprise and savings led organizations in developing countries that are approved partners with Five Talents. This includes loan capital and funds for staff and trainers. Biblical based business training is provided to every entrepreneur via our indigenous partners, including our financial literacy program. Our investment has resulted in an increase in outreach by 4,000 members and impacting 550,000 direct and indirect beneficiaries through programs delivered by our indigenous partner organizations. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $605,005 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | 0 | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | Yes (1) | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | 0 | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 7 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | 0 | BackupWthldComplianceInd |
| Employee | 12 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 13 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 13 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | 0 | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | 0 | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | VA | StatesWhereCopyOfReturnIsFldCd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Organization | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7032426016 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 331 | AddressLine1Txt |
| City | Vienna | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22183 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (14 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|
| Mr William Eggbeer | ||||||
| Chairman of the Board | 6.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| Ms Kimberly McClure Pacala | ||||||
| Vice Chair | 4.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| Mr Jim Oakes | ||||||
| Secretary | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| Mr Hooks Johnston | ||||||
| Treasurer | 4.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| Rev Jeffrey MacKnight | ||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Mr Arthur Medici | ||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Mrs Anne-Day McCabe Triana | ||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Mr Ryan Rauner | ||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Mr Marc S Berman | ||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Mr Paul Collins | ||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Mr John Beyer | ||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Mr James Jim M Lewis | ||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Dr April Young | ||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Sonia Patterson | ||||||
| President/CEO | 40.00 | Yes (X) | $105,788 | $0 | $0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $105,788 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $0 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 1 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | 0 | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| Federated Campaigns | $2,586 | FederatedCampaignsAmt |
| Fundraising | $90,979 | FundraisingAmt |
| All Other Contributions | $888,375 | AllOtherContributionsAmt |
| Noncash Contributions | $14,973 | NoncashContributionsAmt |
| Total Contributions | $981,940 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,494 | TotalRevenueColumnAmt |
| Exclusion | $1,494 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $41,625 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $90,979 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $69,334 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$27,709 | TotalRevenueColumnAmt |
| Exclusion | -$27,709 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $955,725 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | -$26,215 | ExclusionAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $307,712 | TotalAmt |
| Program Services | $307,712 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $105,788 | TotalAmt |
| Program Services | $63,922 | ProgramServicesAmt |
| Management And General | $12,035 | ManagementAndGeneralAmt |
| Fundraising | $29,831 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $189,054 | TotalAmt |
| Program Services | $114,233 | ProgramServicesAmt |
| Management And General | $21,507 | ManagementAndGeneralAmt |
| Fundraising | $53,314 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,475 | TotalAmt |
| Program Services | $3,912 | ProgramServicesAmt |
| Management And General | $737 | ManagementAndGeneralAmt |
| Fundraising | $1,826 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $22,127 | TotalAmt |
| Program Services | $13,371 | ProgramServicesAmt |
| Management And General | $2,518 | ManagementAndGeneralAmt |
| Fundraising | $6,238 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $21,939 | TotalAmt |
| Program Services | $13,256 | ProgramServicesAmt |
| Management And General | $2,496 | ManagementAndGeneralAmt |
| Fundraising | $6,187 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,015 | TotalAmt |
| Program Services | $613 | ProgramServicesAmt |
| Management And General | $115 | ManagementAndGeneralAmt |
| Fundraising | $287 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,500 | TotalAmt |
| Program Services | $6,345 | ProgramServicesAmt |
| Management And General | $1,195 | ManagementAndGeneralAmt |
| Fundraising | $2,960 | FundraisingAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $29,223 | TotalAmt |
| Program Services | $17,658 | ProgramServicesAmt |
| Management And General | $3,324 | ManagementAndGeneralAmt |
| Fundraising | $8,241 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,013 | TotalAmt |
| Program Services | $7,863 | ProgramServicesAmt |
| Management And General | $1,480 | ManagementAndGeneralAmt |
| Fundraising | $3,670 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $27,344 | TotalAmt |
| Program Services | $16,520 | ProgramServicesAmt |
| Management And General | $3,112 | ManagementAndGeneralAmt |
| Fundraising | $7,712 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,026 | TotalAmt |
| Program Services | $8,475 | ProgramServicesAmt |
| Management And General | $1,596 | ManagementAndGeneralAmt |
| Fundraising | $3,955 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $25,139 | TotalAmt |
| Program Services | $15,190 | ProgramServicesAmt |
| Management And General | $2,860 | ManagementAndGeneralAmt |
| Fundraising | $7,089 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,592 | TotalAmt |
| Program Services | $4,587 | ProgramServicesAmt |
| Management And General | $864 | ManagementAndGeneralAmt |
| Fundraising | $2,141 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,220 | TotalAmt |
| Program Services | $2,550 | ProgramServicesAmt |
| Management And General | $480 | ManagementAndGeneralAmt |
| Fundraising | $1,190 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,135 | TotalAmt |
| Program Services | $1,290 | ProgramServicesAmt |
| Management And General | $243 | ManagementAndGeneralAmt |
| Fundraising | $602 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,428 | TotalAmt |
| Program Services | $3,884 | ProgramServicesAmt |
| Management And General | $731 | ManagementAndGeneralAmt |
| Fundraising | $1,813 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,997 | TotalAmt |
| Program Services | $3,624 | ProgramServicesAmt |
| Management And General | $682 | ManagementAndGeneralAmt |
| Fundraising | $1,691 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $799,727 | TotalAmt |
| Program Services | $605,005 | ProgramServicesAmt |
| Management And General | $55,975 | ManagementAndGeneralAmt |
| Fundraising | $138,747 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $43,581 | BOYAmt |
| EOY | $53,826 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $86,797 | BOYAmt |
| EOY | $144,471 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $54,153 | BOYAmt |
| EOY | $126,853 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,392 | BOYAmt |
| EOY | $12,918 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $56,271 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $45,726 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,773 | BOYAmt |
| EOY | $10,545 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $207,696 | BOYAmt |
| EOY | $348,613 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $59,459 | BOYAmt |
| EOY | $69,378 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,000 | BOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $84,459 | BOYAmt |
| EOY | $69,378 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $62,455 | BOYAmt |
| EOY | $175,621 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $60,782 | BOYAmt |
| EOY | $103,614 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $123,237 | BOYAmt |
| EOY | $279,235 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $207,696 | BOYAmt |
| EOY | $348,613 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $155,998 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,467,131 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,001,463 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $831,896 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $887,383 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $907,270 | CurrentTaxYearAmt |
| Total | $5,095,143 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,467,131 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,001,463 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $831,896 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $887,383 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $907,270 | CurrentTaxYearAmt |
| Total | $5,095,143 | TotalAmt |
Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $208,963 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $98,164 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $127,951 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $154,090 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $122,528 | CurrentTaxYearAmt |
| Total | $711,696 | TotalAmt |
Substantial Contributors Amt SubstantialContributorsAmtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $208,963 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $98,164 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $127,951 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $154,090 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $122,528 | CurrentTaxYearAmt |
| Total | $711,696 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $4,383,447 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,168 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $640 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $256 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $252 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $158 | CurrentTaxYearAmt |
| Total | $2,474 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,168 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $640 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $256 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $252 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $158 | CurrentTaxYearAmt |
| Total | $2,474 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,468,299 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,002,103 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $832,152 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $887,635 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $907,428 | CurrentTaxYearAmt |
| Total | $5,097,617 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.85990 | PublicSupportCY509Pct |
| Public Support PY509 | 0.86180 | PublicSupportPY509Pct |
| Investment Income CY | 0.00050 | InvestmentIncomeCYPct |
| Investment Income PY | 0.00040 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $56,271 | OtherCostOrOtherBasisAmt |
| Depreciation | $45,726 | DepreciationAmt |
| Book Value | $10,545 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $10,545 | TotalBookValueLandBuildingsAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $1,062,480 | TotalRevEtcAuditedFinclStmtAmt |
| Donated Services And Use Fclts | $106,755 | DonatedServicesAndUseFcltsAmt |
| Revenue Not Reported | $106,755 | RevenueNotReportedAmt |
| Revenue Subtotal | $955,725 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $955,725 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $906,482 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $106,755 | DonatedServicesUseFcltsAmt |
| Expenses Not Reported | $106,755 | ExpensesNotReportedAmt |
| Expenses Subtotal | $799,727 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $799,727 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part X, Line 2: | FormAndLineReferenceDesc |
| Explanation | Five Talents is a not-for-profit organization exempt from Federal income tax other than net unrelated business income tax under Section 501(c)(3) of the Internal Revenue Code and is recognized as such by the Internal Revenue Service. The provisions included in accounting principles generally accepted in the United States of America 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 of tax positions taken or expected to be taken in a tax return. Five Talents performed an evaluation of uncertain tax positions as of June 30, 2015, and determined that there were no matters that would require recognition in the financial statements or, which may have any effect on its tax-exempt status. As of June 30, 2015, the statute of limitations for tax years 2012 through 2015 remains open with the U.S. Federal jurisdiction or the various states and local jurisdictions in which Five Talents files tax returns. It is Five Talents' policy to recognize interest and/or penalties related to uncertain tax positions, if any, in income tax expense. | ExplanationTxt |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | 0 | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp (3 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|---|
| E. Asia & Pacific | 0 | 0 | Program Services | Loan capital & local work, loan funding & operations, technical assistance & oversight, loan funding & operations, monitoring, evaluation, training/partner visit | $77,866 |
| South America | 0 | 0 | Program Services | Loan funding & operations, training/partner visit | $20,000 |
| Sub-Saharan Africa | 0 | 0 | Program Services | Community bank, financial literacy training & operations, monitoring evaluation, partner visit | $209,846 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continutation Total Office | 0 | ContinutationTotalOfficeCnt |
| Continutation Total Employee | 0 | ContinutationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $307,712 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $307,712 | TotalSpentAmt |
Grants To Org Outside US GrantsToOrgOutsideUSGrp (6 entries)
| RegionRegionTxt | Purpose Of GrantPurposeOfGrantTxt | Cash GrantCashGrantAmt | Manner Of Cash DisbursementMannerOfCashDisbursementTxt |
|---|---|---|---|
| E. Asia & Pacific | Loan funding & operations | $40,000 | Bank Wire |
| E. Asia & Pacific | Technical assistance & program oversight | $14,070 | Bank Wire, Other |
| E. Asia & Pacific | Loan funding & operations | $11,000 | Bank Wire, Other |
| South America | Program operations | $20,000 | Bank Wire |
| Sub-Saharan Africa | Loan funding & operations | $20,000 | Bank Wire |
| Sub-Saharan Africa | Financial literacy training | $174,248 | Bank Wire |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transfer To Foreign Corp | 0 | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | 0 | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | 0 | PassiveForeignInvestmestCoInd |
| Foreign Partnership | 0 | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 2: | FormAndLineReferenceDesc |
| Explanation | Five Talents requires a signed Memorandum of Understanding from all organizations detailing the purpose of any funding received. Five Talents requires quarterly financial reporting from all organizations who receive funding and Five Talents requires an annual audit by an independent accountant. Five Talents uses outside consultants to provide technical assistance and program oversight to recipient organizations. The organizations are visited annually by Five Talents staff members. | ExplanationTxt |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | Annual Gala | Event1Nm |
| Gross Receipts Event1 | $104,943 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $63,318 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $41,625 | GrossRevenueEvent1Amt |
| Cash Prizes Event1 | $2,182 | CashPrizesEvent1Amt |
| Non Cash Prizes Event1 | $14,973 | NonCashPrizesEvent1Amt |
| Rent Facility Costs Event1 | $3,656 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $18,480 | FoodAndBeverageEvent1Amt |
| Entertainment Event1 | $1,516 | EntertainmentEvent1Amt |
| Other Direct Expenses Event1 | $2,642 | OtherDirectExpensesEvent1Amt |
| Event2 | Vision Trips | Event2Nm |
| Gross Receipts Event2 | $27,661 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $27,661 | CharitableContriEvent2Amt |
| Other Direct Expenses Event2 | $25,885 | OtherDirectExpensesEvent2Amt |
| Gross Receipts Total | $132,604 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $90,979 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $41,625 | GrossRevenueTotalEventsAmt |
| Cash Prizes Total Events | $2,182 | CashPrizesTotalEventsAmt |
| Non Cash Prizes Total Events | $14,973 | NonCashPrizesTotalEventsAmt |
| Rent Fclty Costs Total Events | $3,656 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $18,480 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $1,516 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $28,527 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $69,334 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$27,709 | NetIncomeSummaryAmt |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $83,901 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Public trade | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp (2 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt | Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt |
|---|---|---|---|---|
| Yes (X) | Event Prizes | 1 | $14,873 | Fair Market Value |
| Yes (X) | Filing Cabinet | 1 | $100 | Fair Market Value |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Section B, line 11 | The form 990 is reviewed by the President and Audit and Finance committee prior to filing. |
| Form 990, Part VI, Section B, line 12c | The organization requires officers must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of committees with governing board delegated powers considering the proposed transaction or arrangement. After disclosure of the financial interest and all material facts, and after any discussion with the interested person, he/she 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 reviews and approves 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: | The process has not changed from prior year. |
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