Five Talents U S A

Organization Overview

Five Talents U S A is located in Vienna, VA. The organization was established in 1999. According to its NTEE Classification (Q32) the organization is classified as: International Economic Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2021, Five Talents U S A employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Five Talents U S A 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, Five Talents U S A generated $1.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.7% each year. All expenses for the organization totaled $1.0m during the year ending 12/2021. While expenses have increased by 3.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

WORK TO ERADICATE EXTREME POVERTY

Describe the Organization's Program Activity:

Part 3 - Line 4a

BELOW IS A SUMMARY OF THE ORGANIZATION'S IMPACT BY COUNTRY THROUGH DECEMBER 31, 2021:LATIN AMERICABOLIVIA - FIVE TALENTS HAS WORKED IN THE MOUNTAINOUS AREAS OF SOUTHERN BOLIVIA FOR OVER A DECADE, REACHING FAMILIES LIVING IN EXTREME POVERTY, AND DEVELOPED A PLAN FOR EXPANSION TO THREE NEW AREAS. IN PARTNERSHIP WITH SEEDS OF BLESSING, THE ORGANIZATION FACILITATES SMALL BUSINESS DEVELOPMENT THROUGH TRAINING, MENTORSHIP, AND COMMUNITY SAVINGS AND LOANS. PARTICIPANTS JOIN SMALL SAVINGS GROUPS AND RECEIVE TRAINING IN BUDGETING, SAVING, BUSINESS PLANNING, NUTRITION, AND DISCIPLESHIP. THEY LEARN HOW TO INVEST IN AND GROW SMALL BUSINESSES. ASIAMYANMAR - FIVE TALENTS HAS WORKED IN MYANMAR FOR ALMOST A DECADE WITH THE LOCAL ANGLICAN CHURCH'S MOTHERS UNION TO CATALYZE MICRO-ENTERPRISE DEVELOPMENT. PROGRAMS HAVE FOCUSED ON THE CREATION OF SAVINGS AND LOAN GROUPS IN UNDEVELOPED REGIONS OF IRRAWADDY DELTA, YANGON, TOUNGOO, MANDALAY, PYAY, HPA-AN AND MYITKYINA. SAVINGS GROUP MEMBERS ESTABLISH OR DEVELOP THEIR OWN BUSINESSES AND OFTEN WORK TOGETHER TO FORM COOPERATIVES. MEMBERS DEVELOPED A VARIETY OF AGRICULTURAL BUSINESSES, INCLUDING THE PRODUCTION OF RICE, COFFEE, CHILI, TEA, MUSHROOMS, BEANS, BETEL PALM PRODUCTS, TURMERIC POWDER, SOAPS, LOTIONS, AND NATURAL BEAUTY PRODUCTS.AFRICABURUNDI - BURUNDI IS THE WORLD'S MOST RURAL COUNTRY, WITH 90% OF THE POPULATION ENGAGED IN FARMING. IT IS ALSO ONE OF THE WORLD'S POOREST COUNTRIES, WITH 70% SUBSISTING ON LESS THAN ONE DOLLAR PER DAY. ONLY 5.2% OF WOMEN HAVE HAD ACCESS TO A HIGH SCHOOL EDUCATION. FIVE TALENTS PARTNERS WITH THE MOTHERS UNION OF THE ANGLICAN CHURCH IN BURUNDI TO OFFER TRAINING IN LITERACY AND NUMERACY, BUSINESS SKILLS, AND THE FORMATION OF COMMUNITY SAVINGS GROUPS. TO DATE, OVER 65,000 PEOPLE, 75% WOMEN, HAVE JOINED 2600 COMMUNITY SAVINGS AND LOAN ASSOCIATIONS. MEMBERS HAVE ACCESS TO MENTORSHIP, BASIC FINANCIAL SERVICES, AND EMERGENCY FUNDS. ABOUT 90% OF THESE GROUPS ARE NOW SELF-MANAGING.DEMOCRATIC REPUBLIC OF CONGO - IN 2018 FIVE TALENTS BEGAN A PARTNERSHIP WITH THE DIOCESE OF ARU, IN THE NORTHEASTERN CORNER OF DR CONGO. OVER THE PAST THREE YEAR, THE ORGANIZATION HAS WORKED TO MOBILIZE CHURCH AND COMMUNITY LEADERS, TO TRAIN AND MENTOR STAFF AND COMMUNITY WORKERS, AND TO LAUNCH 270 NEW SAVINGS GROUPS.KENYA - FIVE TALENTS BEGAN WORKING IN KENYA WELL OVER A DECADE AGO AND HAS SERVED COMMUNITIES IN REGIONS ACROSS KENYA. PARTICIPANTS IN THESE PROGRAMS LEARN KEY SKILLS IN FINANCIAL MANAGEMENT AND BUSINESS DEVELOPMENT. THEY ALSO ENGAGE IN COMMUNITY-OWNED AND MANAGED SAVINGS GROUPS, MEETING TOGETHER ON A WEEKLY BASIS. MOST MEMBERS START AS SUBSISTENCE LEVEL FARMERS, BUT MANY END UP DEVELOPING THEIR OWN SMALL BUSINESSES. THE ORGANIZATION IS SERVING SAVINGS GROUPS IN FIVE REGIONS AND ITS PROGRAMS HAVE REACHED 17,660 MEMBERS.SOUTH SUDAN - FIVE TALENTS HAS WORKED SUCCESSFULLY IN SOUTH SUDAN AND SUDAN FOR OVER A DECADE AND IS ONE OF THE FEW ORGANIZATIONS THAT HAS WORKED TO DEVELOP A SUSTAINABLE MODEL FOR MICROFINANCE THERE. WE WORK IN FOUR REGIONS IN SOUTH SUDAN: GREATER BAHR-EL-GHAZAL, JUBA, RENK AND TEREKEKA, AND HAVE SERVED OVER 40,000 MEMBERS ACROSS THE COUNTRY WITH TRAINING AND ACCESS TO FINANCIAL SERVICES. ADDITIONALLY, FIVE TALENTS HAS PILOTED A TRAUMA-HEALING FOR PEACE-BUILDING PROGRAM THROUGH THE SAVINGS GROUP PLATFORM DURING THE PAST TWO YEARS. TANZANIA - FIVE TALENTS HAS WORKED IN TANZANIA FOR OVER A DECADE, WITH A VARIETY OF LOCAL PARTNERS, TO PROVIDE FINANCIAL INCLUSION SERVICES TO THE RURAL POOR. OUR PROGRAMS PROVIDE WOMEN WITH ACCESS TO COMMUNITY SAVINGS AND MICRO-LOANS FOR LOCAL DEVELOPMENT. PROGRAMS HAVE SERVED OVER 8,000 MEMBERS IN MOROGORO AND NUMEROUS REGIONS THAT ARE PART OF VICOBA IN TANZANIA.UGANDA - FIVE TALENTS SUPPORTS LITERACY, BUSINESS TRAINING, AND COMMUNITY SAVINGS PROGRAMS IN KARAMOJA, UGANDA. ABOUT 2,000 MEMBERS HAVE PARTICIPATED IN THE ORGANIZATION'S PROGRAMS IN KARAMOJA.


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Board, Officers & Key Employees

Name (title)Compensation
Dale Stanton-Hoyle
Executive Director
$80,000
Jim Oakes
Acting Secretary
$0
Kim Pacala
Chair Of The Board
$0
Corky Eddins
Vice Chair
$0
Steve Tees
Treasurer
$0
Kathi Crow
Director
$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$1,244,357
Noncash contributions included in lines 1a–1f $25,304
Total Revenue from Contributions, Gifts, Grants & Similar$1,244,357
Total Program Service Revenue$0
Investment income $14,061
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 $1,258,418

Grants Recieved

Over the last fiscal year, we have identified 13 grants that Five Talents U S A has recieved totaling $157,074.

Awarding OrganizationAmount
American Endowment Foundation

Hudson, OH

PURPOSE: INTERNATIONAL

$87,000
First Fruit Inc

Newport Beach, CA

PURPOSE: SAVINGS GROUPS THROUGH ANGLICAN DENOMINATION IN AFRICA

$20,000
National Christian Charitable Foundation Inc

Alpharetta, GA

PURPOSE: POVERTY

$11,800
Schwab Charitable Fund

San Francisco, CA

PURPOSE: INTERNATIONAL, FOREIGN AFFAIRS

$9,400
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$8,849
Matthew 25 34-40 Foundation

Reston, VA

PURPOSE: TO GO TO MATCHING FUND INITIATIVE, MATCHING FUNDS TO SUPPORT WORK IN MICRO-LENDING PROGRAMS

$8,000
View Grant Recipient Profile

Endowment Analysis

Net Contributions$75,000
Ending Balance$75,000

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