2011-10-17T14:29:14-05:00 2010-12-31 DIXON HUGHES GOODMAN LLP 1430 SPRING HILL ROAD STE 300 MCLEAN VA 221023018 990 2010-01-01 541940918 FIVE TALENTS - USA FIVE 7032426016 PO BOX 331 VIENNA VA 22183 CRAIG COLE 7032426016 2011-10-11 1 DAVID L JOHNSON 7039700400 2011-10-11 2010 2016-03-07 17:11:31Z CRAIG COLE PO BOX 331 VIENNA VA 22183 922831 0 X WWW.FIVETALENTS.ORG X 1999 VA 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. 10 10 8 0 0 0 879903 825282 0 0 0 354 36890 30840 916793 856476 400281 381145 0 0 369955 323908 0 0 73479 142336 158884 912572 863937 4221 -7461 228048 191151 88958 59522 139090 131629 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. 0 0 677686 304000 TO PROVIDED FUNDING AND TECHNICAL ASSISTANCE FOR MICROENTERPRISE AND SAVINGS LED ORGANIZATIONS IN DEVELOPING COUNTRIES THAT ARE APPROVED PARTNERS WITH FIVE TALENTS USA. 23750 0 0 OVERSEAS TRAVEL BY STAFF TO PROVIDE PROGRAM EVALUATION, OVERSIGHT AND ASSISTANCE FOR MICROENTERPRISE AND SAVINGS LED ORGANIZATIONS IN DEVELOPING COUNTRIES THAT ARE APPROVED PARTNERS WITH FIVE TALENTS USA OR ARE SEEKING APPROVAL AS A PARTNER WITH FIVE TALENTS USA. 22416 0 0 TO PROVIDE BIBLICAL BASED BUSINESS TRAINING TO THE PARTICIPANTS AND LEADERS OF MICROENTERPRISE AND SAVINGS LED ORGANIZATIONS IN DEVELOPING COUNTRIES THAT ARE APPROVED PARTNERS WITH FIVE TALENTS USA. THIS INCLUDES TRAINING AND TRAVEL FOR STAFF, CONSULTANTS AND VOLUNTEERS TO LEAD AND INSTRUCT OVERSEAS CONFERENCES AND WORKSHOPS. 723852 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 8 1 0 0 0 0 1 1 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 1 1 1 0 X X X THE ORGANIZATION 7032426016 PO BOX 331 VIENNA VA 22183 APRIL YOUNG 6.00 X X 0 0 0 BILL EGGBEER 1.00 X X 0 0 0 KIM PACALA 1.00 X X 0 0 0 FRED KALEMA-MUSOKE 2.00 X X 0 0 0 HOOKS JOHNSTON 1.00 X 0 0 0 CALVIN PHILBIN 1.00 X 0 0 0 HARTY GARDNER 1.00 X 0 0 0 PAT GIVENS 1.00 X 0 0 0 JIM OAKES 1.00 X 0 0 0 RET REV GORDON SCRUTON 1.00 X 0 0 0 CRAIG COLE 40.00 X 76085 0 17255 76085 0 17255 0 0 0 0 0 9243 72757 743282 58155 825282 944 944 590 -590 -590 -590 96605 72757 65765 30840 30840 856476 -590 0 31784 381145 381145 93340 66257 12877 14206 191872 136198 26472 29202 3385 2403 467 515 15476 10986 2135 2355 19835 14080 2736 3019 1239 879 171 189 12250 8696 1690 1864 31229 22168 4308 4753 7393 5248 1020 1125 35944 25515 4959 5470 24136 17133 3330 3673 3001 2130 414 457 27145 19269 3745 4131 6671 4735 920 1016 510 362 70 78 5965 4234 823 908 3174 2253 438 483 STAFF TRAINING 227 161 31 35 863937 723852 66606 73479 188884 38505 121763 21938 725 3715 3817 60686 34345 13506 26341 5 228048 191151 88958 34522 25000 88958 59522 X 24715 91229 114375 40400 139090 131629 228048 191151 -7461 0 X 0 1 1 X 0 X 861856 841196 976336 979408 914306 4573102 861856 841196 976336 979408 914306 4573102 149214 57081 59017 117843 129015 512170 0 149214 57081 59017 117843 129015 512170 4060932 2280 4396 615 944 8235 2280 4396 615 944 8235 864136 845592 976951 979408 915250 4581337 0.88640 0.90410 0.00180 0.00210 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 60686 34345 26341 26341 856476 863937 -7461 0 -7461 944469 22228 65765 87993 856476 0 856476 951930 22228 65765 87993 863937 0 863937 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS NOT A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) OF THE INTERNAL REVENUE CODE; ACCORDINGLY, THE ACCOMPANYING FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION OR LIABILITY FOR FEDERAL OR STATE INCOME TAXES. THE FOUNDATION HAS DETERMINED THAT IT DOES NOT HAVE ANY MATERIAL UNRECOGNIZED TAX BENEFITS OR OBLIGATIONS AS OF DECEMBER 31, 2010. YEARS ENDING ON OR AFTER DECEMBER 31, 2007 REMAIN SUBJECT TO EXAMINATION BY FEDERAL AND STATE TAX AUTHORITIES. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING - DIRECT EXPENSE REFLECTED ON PART VIII, LINE 8B PART XIII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING - DIRECT EXPENSE REFLECTED ON PART VIII, LINE 8B 1 EAST ASIA AND PACIFIC 0 0 PROGRAM SERVICES LOAN FUNDING AND OPERATIONS 98400 SOUTH AMERICA 0 0 PROGRAM SERVICES LOAN FUNDING AND OPERATIONS 67700 SOUTH ASIA 0 0 PROGRAM SERVICES LOAN FUNDING AND OPERATIONS 23700 SUB-SAHARA AFRICA 0 0 PROGRAM SERVICES LOAN FUNDING AND OPERATIONS 156300 0 0 0 346100 0 346100 CENTRAL AMERICA AND CARRIBEAN LOAN FUNDING AND OPERATIONS 20000 ACCRUED - WIRE IN 2010 EAST ASIA AND PACIFIC TECHNICAL ASSISTANCE 8000 ACCRUED - WIRE IN 2010 EAST ASIA AND PACIFIC LOAN FUNDING AND OPERATIONS 75600 BANK WIRE EAST ASIA AND PACIFIC TECHNICAL ASSISTANCE AND PROGRAM OVERSIGHT 15300 BANK WIRE SOUTH AMERICA LOAN FUNDING AND OPERATIONS 40000 BANK WIRE SOUTH AMERICA PROGRAM OPERATIONS 17000 BANK WIRE SOUTH ASIA LOAN FUNDING AND OPERATIONS 55000 ACCRUED 35K IN 2009 - CHECK SENT 2010 SUB-SAHARAN AFRICA LOAN FUNDING AND OPERATIONS 10000 CHECK SUB-SAHARAN AFRICA DIAGNOSTIC AUDIT 20000 BANK WIRE SUB-SAHARAN AFRICA LOAN FUNDING AND OPERATIONS 65500 BANK WIRE SUB-SAHARAN AFRICA FINANCIAL LITERACY TRAINING 40600 BANK WIRE 10 1 0 0 0 0 0 0 PROCEDURE FOR MONITORING GRANTS OUTSIDE THE U.S.: SCHEDULE F, PART I, LINE 2: 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 AN ANNUAL AUDIT BY AN INDEPENDENT ACCOUNTANT. FIVE TALENTS ALSO USES OUTSIDE CONSULTANTS TO PROVIDE TECHNICAL ASSISTANCE AND PROGRAM OVERSIGHT TO RECIPIENT ORGANIZATION. THE ORGANIZATIONS ARE ALSO VISITED BY FIVE TALENT STAFF MEMBERS AND VOLUNTEERS. GOLF TOURNAMENT 72545 22115 50430 7913 6860 6976 3686 7742 DINNER EVENT 84431 38256 46175 730 2112 19203 500 6088 1 7300 7300 167 164276 67671 96605 7913 7590 9088 22889 500 13997 61977 34628 X 5 50574 FAIR MARKET VALUE X RAFFLE PRIZES & MISC 6 7581 FMV 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR PRIOR TO FILING 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 AVAILABLE UPON REQUEST