FIVE TALENTS U S A: Form 990, tax year 2025
View the entire original 990 at ProPublica ↗
- Organization
- FIVE TALENTS U S A (EIN 54-1940918)
- Tax period
- 2025-01-01 to 2025-12-31
- Filed
- 2026-05-15
- IRS object ID
- 202621359349310747
- Schema version
- 2025v4.1
- 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 | 2026-05-15T12:25:48-07:00 | ReturnTs |
| Tax Period End | 2025-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 541963607 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Hozik & Company PLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 9930 Lindel Lane | AddressLine1Txt |
| City | Vienna | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22181 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2025-01-01 | 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 | 7032277166 | 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 | Elizabeth Ha | PersonNm |
| Person Title | CEO | PersonTitleTxt |
| Phone | 7032277166 | PhoneNum |
| Signature | 2026-04-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Corrie Scott CPA | PreparerPersonNm |
| PTIN | P01295891 | PTIN |
| Phone | 8588633319 | PhoneNum |
| Preparation | 2026-05-15 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2025 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Elizabeth Ha | 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 | $1,751,142 | GrossReceiptsAmt |
| Group Return For Affiliates | false | 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 | Five Talents mission is to transform lives through economic empowerment. We seek to eradicate extreme poverty to the flourishing of communities through development of microenterprise programs. | ActivityOrMissionDesc |
| Voting Members Governing Body | 12 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 12 | VotingMembersIndependentCnt |
| Total Employee | 8 | TotalEmployeeCnt |
| Total Volunteers | 22 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $1,824,925 | PYContributionsGrantsAmt |
| CY Contributions Grants | $1,630,231 | CYContributionsGrantsAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $7,482 | PYInvestmentIncomeAmt |
| CY Investment Income | $28,360 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$7,729 | PYOtherRevenueAmt |
| CY Other Revenue | -$2,353 | CYOtherRevenueAmt |
| PY Total Revenue | $1,824,678 | PYTotalRevenueAmt |
| CY Total Revenue | $1,656,238 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $743,499 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $936,210 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $671,310 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $723,508 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $274,596 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $135,172 | PYOtherExpensesAmt |
| CY Other Expenses | $177,806 | CYOtherExpensesAmt |
| PY Total Expenses | $1,549,981 | PYTotalExpensesAmt |
| CY Total Expenses | $1,837,524 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $274,697 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$181,286 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $1,134,659 | TotalAssetsBOYAmt |
| Total Assets EOY | $947,274 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $29,146 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $23,047 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $1,105,513 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $924,227 | NetAssetsOrFundBalancesEOYAmt |
| Mission | Five Talents mission is to transform lives through economic empowerment. We seek to eradicate extreme poverty to the flourishing of communities through development of microenterprise programs. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $1,382,261 | ExpenseAmt |
| Grant | $936,210 | GrantAmt |
| Revenue | $3,030 | RevenueAmt |
| Desc | See attached for details on program service accomplishments. | Desc |
| Total Program Service Expenses | $1,382,261 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | false | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | false | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | Yes (true) | ForeignOfficeInd |
| Foreign Activities | Yes (true) | ForeignActivitiesInd |
| More Than5000 K To Org | Yes (true) | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (true) | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | false | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (true) | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 5 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 8 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (true) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (true) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 12 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 12 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | IL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MD | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | PA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | SC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | TN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | VA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | DC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| Own Website | Yes (X) | OwnWebsiteInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Elizabeth Ha | PersonNm |
| 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 | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd |
|---|---|---|---|---|---|---|---|
| Elizabeth Ha | |||||||
| CEO | 40.00 | Yes (X) | $120,000 | $0 | $3,955 | ||
| Lonni Jackson | |||||||
| Dir of Institutional Partnerships | 40.00 | $108,000 | $0 | $4,470 | Yes (X) | ||
| Deb Conver | |||||||
| Director | 1.00 | $0 | $0 | $0 | Yes (X) | ||
| Dale Stanton-Hoyle | |||||||
| Director | 1.00 | $0 | $0 | $0 | Yes (X) | ||
| Donna Ivey | |||||||
| Director | 1.00 | $0 | $0 | $0 | Yes (X) | ||
| Belinda Jackson Farrier | |||||||
| Director | 1.00 | $0 | $0 | $0 | Yes (X) | ||
| Corky Eddins | |||||||
| Director | 1.00 | $0 | $0 | $0 | Yes (X) | ||
| Dana Wichterman | |||||||
| Director | 1.00 | $0 | $0 | $0 | Yes (X) | ||
| Rouda Feghali | |||||||
| Director | 1.00 | $0 | $0 | $0 | Yes (X) | ||
| Phillip Merrick | |||||||
| Director | 1.00 | $0 | $0 | $0 | Yes (X) | ||
| Kim Pacala | |||||||
| Chair | 6.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| Francine Maestri | |||||||
| Vice Chair | 4.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| Steve Tees | |||||||
| Treasurer | 2.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| Jim Oakes | |||||||
| Secretary | 4.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $228,000 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $8,425 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 2 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | false | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
| Fundraising | $46,264 | FundraisingAmt |
| All Other Contributions | $1,583,967 | AllOtherContributionsAmt |
| Noncash Contributions | $32,914 | NoncashContributionsAmt |
| Total Contributions | $1,630,231 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $13,092 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $13,092 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $89,789 | SecuritiesAmt |
| Other | $15,000 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $89,521 | SecuritiesAmt |
| Other | $0 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $268 | SecuritiesAmt |
| Other | $15,000 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $15,268 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $15,268 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $2,530 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $46,264 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $5,383 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$2,853 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | -$2,853 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Other income | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $500 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $500 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $500 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,656,238 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $500 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $25,507 | ExclusionAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $936,210 | TotalAmt |
| Program Services | $936,210 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $137,176 | TotalAmt |
| Program Services | $75,447 | ProgramServicesAmt |
| Management And General | $34,294 | ManagementAndGeneralAmt |
| Fundraising | $27,435 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $485,942 | TotalAmt |
| Program Services | $243,214 | ProgramServicesAmt |
| Management And General | $63,542 | ManagementAndGeneralAmt |
| Fundraising | $179,186 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,075 | TotalAmt |
| Program Services | $6,544 | ProgramServicesAmt |
| Management And General | $1,708 | ManagementAndGeneralAmt |
| Fundraising | $4,823 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $39,967 | TotalAmt |
| Program Services | $20,415 | ProgramServicesAmt |
| Management And General | $6,219 | ManagementAndGeneralAmt |
| Fundraising | $13,333 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $47,348 | TotalAmt |
| Program Services | $24,202 | ProgramServicesAmt |
| Management And General | $7,406 | ManagementAndGeneralAmt |
| Fundraising | $15,740 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $525 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $525 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $30,970 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $30,970 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,936 | TotalAmt |
| Program Services | $4,057 | ProgramServicesAmt |
| Management And General | $1,241 | ManagementAndGeneralAmt |
| Fundraising | $2,638 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $55,565 | TotalAmt |
| Program Services | $20,580 | ProgramServicesAmt |
| Management And General | $17,584 | ManagementAndGeneralAmt |
| Fundraising | $17,401 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,000 | TotalAmt |
| Program Services | $6,134 | ProgramServicesAmt |
| Management And General | $1,877 | ManagementAndGeneralAmt |
| Fundraising | $3,989 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,320 | TotalAmt |
| Program Services | $3,230 | ProgramServicesAmt |
| Management And General | $989 | ManagementAndGeneralAmt |
| Fundraising | $2,101 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $27,990 | TotalAmt |
| Program Services | $10,270 | ProgramServicesAmt |
| Management And General | $12,859 | ManagementAndGeneralAmt |
| Fundraising | $4,861 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,327 | TotalAmt |
| Program Services | $679 | ProgramServicesAmt |
| Management And General | $207 | ManagementAndGeneralAmt |
| Fundraising | $441 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,966 | TotalAmt |
| Program Services | $4,072 | ProgramServicesAmt |
| Management And General | $1,246 | ManagementAndGeneralAmt |
| Fundraising | $2,648 | FundraisingAmt |
Other Expenses OtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Other program evaluation and support | Desc |
| Total | $27,207 | TotalAmt |
| Program Services | $27,207 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,837,524 | TotalAmt |
| Program Services | $1,382,261 | ProgramServicesAmt |
| Management And General | $180,667 | ManagementAndGeneralAmt |
| Fundraising | $274,596 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $356,971 | BOYAmt |
| EOY | $384,996 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $277,500 | BOYAmt |
| EOY | $119,500 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,886 | BOYAmt |
| EOY | $6,829 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $9,308 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $4,466 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,169 | BOYAmt |
| EOY | $4,842 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $478,133 | BOYAmt |
| EOY | $431,107 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,134,659 | BOYAmt |
| EOY | $947,274 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $29,146 | BOYAmt |
| EOY | $23,047 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $29,146 | BOYAmt |
| EOY | $23,047 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $625,361 | BOYAmt |
| EOY | $632,235 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $480,152 | BOYAmt |
| EOY | $291,992 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,105,513 | BOYAmt |
| EOY | $924,227 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,134,659 | BOYAmt |
| EOY | $947,274 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$181,286 | ReconcilationRevenueExpnssAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | 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 (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
| Other Support Sum | $0 | OtherSupportSumAmt |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,244,357 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,135,095 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,341,589 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,824,925 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,630,231 | CurrentTaxYearAmt |
| Total | $7,176,197 | TotalAmt |
Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,244,357 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,135,095 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,341,589 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,824,925 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,630,231 | CurrentTaxYearAmt |
| Total | $7,176,197 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $346,970 | SubstantialContributorsTotAmt |
| Public Support Total170 | $6,829,227 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $14,061 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $7,256 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $4,087 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $7,396 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $13,092 | CurrentTaxYearAmt |
| Total | $45,892 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $0 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $0 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $976 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $425 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $500 | CurrentTaxYearAmt |
| Total | $1,901 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $7,223,990 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $33,155 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.94540 | PublicSupportCY170Pct |
| Public Support PY170 | 0.91630 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
| Public Support Total509 | $0 | PublicSupportTotal509Amt |
| Public Support CY509 | 0 | PublicSupportCY509Pct |
| Investment Income CY | 0 | InvestmentIncomeCYPct |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Pt II Ln 10 | FormAndLineReferenceDesc |
| Explanation | Other Income Part II, Line 10 Description: Other income 2021: 0. 2022: 0. 2023: 976. 2024: 425. 2025: 500. | ExplanationTxt |
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
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Book Value | $0 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $3,308 | OtherCostOrOtherBasisAmt |
| Depreciation | $3,266 | DepreciationAmt |
| Book Value | $42 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $6,000 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,200 | DepreciationAmt |
| Book Value | $4,800 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $4,842 | TotalBookValueLandBuildingsAmt |
| Total Rev Etc Audited Fincl Stmt | $1,663,064 | TotalRevEtcAuditedFinclStmtAmt |
| Donated Services And Use Fclts | $1,443 | DonatedServicesAndUseFcltsAmt |
| Revenue Not Reported | $1,443 | RevenueNotReportedAmt |
| Revenue Subtotal | $1,661,621 | RevenueSubtotalAmt |
| Other Revenues Not Included | -$5,383 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | -$5,383 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $1,656,238 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $1,844,350 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $1,443 | DonatedServicesUseFcltsAmt |
| Other Expenses Included | $5,383 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $6,826 | ExpensesNotReportedAmt |
| Expenses Subtotal | $1,837,524 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $1,837,524 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Pt XI, Line 4b | Special event expenses netted against income. |
| Pt XII, Line 2d | Special event expenses netted against income. |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp (3 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|---|
| Sub-Saharan Africa | 0 | 0 | Grants | Literacy/Financial/Technical | $881,921 |
| South America | 0 | 0 | Grants | Literacy/Financial/Technical | $21,789 |
| South Asia | 0 | 0 | Grants | Literacy/Financial/Technical | $32,500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $936,210 | SubtotalSpentAmt |
| Total Spent | $936,210 | TotalSpentAmt |
Grants To Org Outside US GrantsToOrgOutsideUSGrp (3 entries)
| RegionRegionTxt | Purpose Of GrantPurposeOfGrantTxt | Cash GrantCashGrantAmt | Manner Of Cash DisbursementMannerOfCashDisbursementTxt | Non Cash AssistanceNonCashAssistanceAmt | Description Of Non Cash AsstDescriptionOfNonCashAsstTxt | Valuation Method UsedValuationMethodUsedDesc |
|---|---|---|---|---|---|---|
| Sub-Saharan Africa | Literacy, Assistance | $881,921 | Wire Transfer | $0 | N/A | FMV |
| South America | Literacy, Assistance | $21,789 | Wire Transfer | $0 | N/A | FMV |
| South Asia | Literacy, Assistance | $32,500 | Wire Transfer | $0 | N/A | FMV |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 3 | Total501c3OrgCnt |
| Transfer To Foreign Corp | false | TransferToForeignCorpInd |
| Interest In Foreign Trust | false | InterestInForeignTrustInd |
| Foreign Corp Ownership | false | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | false | PassiveForeignInvestmestCoInd |
| Foreign Partnership | false | ForeignPartnershipInd |
| Boycott Countries | false | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Pt I Line 2 | Fund disbursements and incurred expenses are subjected to the following controls: (1) approval required by CEO along with a receipt or invoice submission (except for recurring or routine expenses) (2) accountant requires receipt for all credit card purchases, (3) the credit card statement is reviewed and reconciled monthly (4) secondary approval (Board Chair or Vice-Chair) is required for expenses over $5,000 or for Elizabeth (CEO) over $100, and (5) all expenses (detailed revenue and expenses) are reconciled monthly against checking and credit card statements. The CEO and Treasurer review and approve the detailed expense report, statement, and reconciliations monthly. |
| Pt I Line 3 Col (F) | 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. |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | Faithful Ventures | Event1Nm |
| Gross Receipts Event1 | $46,562 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $44,962 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $1,600 | GrossRevenueEvent1Amt |
| Rent Facility Costs Event1 | $366 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $3,825 | FoodAndBeverageEvent1Amt |
| Other Direct Expenses Event1 | $513 | OtherDirectExpensesEvent1Amt |
| Gross Receipts Total | $46,562 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $44,962 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $1,600 | GrossRevenueTotalEventsAmt |
| Rent Fclty Costs Total Events | $366 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $3,825 | FoodAndBeverageTotalEventsAmt |
| Oth Direct Expnss Total Events | $513 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $4,704 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$3,104 | NetIncomeSummaryAmt |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 2 | ContributionCnt |
| Noncash Contributions Rpt F990 | $29,415 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Desc | Donor appreciation gifts | Desc |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $3,499 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | false | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | false | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Pt VI, Line 11b | The Form 990 is reviewed by the Governing Body, CEO and Audit and Finance Committee prior to filing. |
| Pt VI, 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. 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. |
| Pt VI, Line 15a | The Personnel Committee establishes compensation for the CEO, and the whole Five Talent board votes on personnel costs once a year at a full board meeting. Benefits for the CEO are also decided by the Personnel Committee. The Personnel Committee takes into consideration comparable job title/responsibilities from the DMV area for like-sized non-profit organizations. The Personnel Committee documents its compensation review, along with its performance review, in its minutes. |
| Pt VI, 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. |
| Pt XII, Line 2c | Five Talents did not change either its oversight process or selection process during the tax year. |
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