Guatemalan Student Support Group
- Assets
- $37.4k
- Revenue
- $63.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Morrisville, NC
- Founding
- 03/2004
- Data as of
- 12/2021
- EIN
- 20-0541307
Organization Overview
Guatemalan Student Support Group is located in Morrisville, NC. The organization was established in 2004. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Guatemalan Student Support Group is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Guatemalan Student Support Group generated $63.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.8%) each year. All expenses for the organization totaled $62.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE GUATEMALAN STUDENT SUPPORT GROUP IS TO PARTNER WITH IMPOVERISHED GUATEMALAN COMMUNITIES TO PROVIDE GREATER EDUCATIONAL OPPORTUNITIES FOR THEIR CHILDREN AND YOUNG ADULTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAM 1: GUATEMALAN STUDENT SUPPORT GROUP (GSSG) FORMS PARTNERSHIPS WITH OTHER LIKE-MINDED ORGANIZATIONS TO BUILD NEW, OR TO ENHANCE EXISTING, PRIMARY (PRIMARIA) AND MIDDLE (BASICO) SCHOOLS IN VILLAGES AND TOWNS IN GUATEMALA; SUPPLYING THESE STUDENTS WITH EDUCATIONAL MATERIALS AND SUPPLEMENTING TEACHERS' SALARIES IN SCHOOLS TO ATTRACT AND RETAIN HIGH-QUALITY EDUCATORS. THE SUPPORTED SCHOOLS WILL EMPHASIZE THE DEVELOPMENT OF LEADERSHIP SKILLS AND PROFICIENCY IN SPANISH AND ENGLISH.
PROGRAM 2: PROMISING IMPOVERISHED GUATEMALAN YOUTH IDENTIFIED IN PROGRAM 1, OR BY BOARD MEMBERS, FOR THEIR LEADERSHIP AND ACADEMIC POTENTIAL WILL BE SUPPORTED FOR ADVANCED STUDIES AT GUATEMALAN HIGH SCHOOLS (DIVERSIFICADO) AND UNIVERSITIES. OPPORTUNITIES FOR SHORT PERIODS OF STUDY IN THE USA WILL BE PROVIDED IF ORGANIZATIONAL RESOURCES PERMIT. WHILE IN THE PROGRAM, ALL STUDENTS WILL SIGN CONTRACTS COVERING THE CONDITIONS OF THEIR SCHOLARSHIPS AND THE EXPECTATIONS FOR COMMUNITY SERVICE FOCUSED ON IMPROVING THE EDUCATIONAL OPPORTUNITIES FOR THEIR FELLOW GUATEMALANS.
IN 2021 THERE WERE ONLY TWO PROGRAM SERVICE AREAS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jorge Paque Trustee And Associate Director For Guatemala | Trustee | 15 | $3,833 |
Bayron Cap Trustee | Trustee | 3 | $594 |
Kim R Jones Trustee And Board Chairperson | OfficerTrustee | 20 | $0 |
Robert Dermody Treasurer And Trustee | OfficerTrustee | 10 | $0 |
Debbie Lindsey Trustee And Board Secretary | Trustee | 10 | $0 |
Berkeley Grimball Jr Trustee | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $63,655 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $63,655 |
| Total Program Service Revenue | $0 |
| Investment income | $1 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $63,656 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $40,997 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $8,612 |
| Advertising and promotion | $0 |
| Office expenses | $173 |
| Information technology | $9,407 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $712 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $62,649 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $21,196 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $16,236 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $37,432 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $37,432 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $37,432 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Guatemalan Student Support Group has recieved totaling $155.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $155 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Beemok Family Foundation Charleston, SC | $51,753,352 | $227,490 |
Golf Club Of Tennessee Kingston Springs, TN | $25,072,540 | $8,179,428 |
Watson-Brown Foundation Inc Thomson, GA | $0 | $9,697,974 |
National Consortium For Graduate Dgrs Minorities In Engineering Alexandria, VA | $15,486,907 | $10,356,249 |
Laura Holland Uzzell Foundation Morrisville, NC | $14,769,987 | $6,660,101 |
Alef Fund Inc Atlanta, GA | $10,107,377 | $6,194,898 |
Bill And Carol Latimer Charitable Foundation Union City, TN | $129,837,485 | $34,799,223 |
Chi Omega Foundation Memphis, TN | $45,483,838 | $7,373,045 |
University Of West Georgia Foundation Inc Carrollton, GA | $86,140,941 | $10,389,838 |
Memphis Teacher Residency Inc Memphis, TN | $5,540,031 | $6,575,161 |
South Carolina Educational Credit For Exceptional Needs Children Fun Columbia, SC | $1,181,238 | $5,546,279 |
Coca-Cola Scholars Foundation Inc Atlanta, GA | $71,605,468 | $31,599,185 |