Guatemalan Tomorrow Fund Inc
- Assets
- $695.0k
- Revenue
- $708.6k
- Investments
- $0.0
- Employees
- 2
- Location
- Jupiter, FL
- Founding
- 03/1992
- Data as of
- 12/2021
- EIN
- 65-0305897
Organization Overview
Guatemalan Tomorrow Fund Inc is located in Jupiter, FL. The organization was established in 1992. According to its NTEE Classification (Q30) the organization is classified as: International Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2021, Guatemalan Tomorrow Fund Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Guatemalan Tomorrow Fund Inc 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 Tomorrow Fund Inc generated $708.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $530.0k during the year ending 12/2021. 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
ENABLE INDIGENOUS PEOPLE OF GUATEMALA TO BECOME SELF-SUSTAINING BY SUPPORTING PROJECTS THAT IMPROVE HEALTH CARE, REDUCE ILLITERACY, PROMOTE ENVIRONMENTALLY SOUND AGRICULTURE, RAISE INCOME LEVELS, INCREASE AWARENESS IN CIVIC AFFAIRS, AND HELP AT-RISK YOUTH GAIN EMPLOYMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE FUNDS AND PROGRAM SUPPORT FOR FIELD OPERATIONS OF ASOCIACIN AK TENAMIT, A NON-PROFIT ASSOCIATION LOCATED IN GUATEMALA THAT PROVIDES EDUCATION, HEALTHCARE, AND COMMUNITY DEVELOPMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Debora Kerr Executive Director | Officer | 40 | $55,000 |
Maureen Labadie Vice President | OfficerTrustee | 1 | $0 |
Corinne Danielson President | OfficerTrustee | 1 | $0 |
William Kist Secretary | OfficerTrustee | 1 | $0 |
Marianne Kollmer Treasurer | OfficerTrustee | 2 | $0 |
Steve Laine Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $17,075 |
| All other contributions, gifts, grants, and similar amounts not included above | $690,395 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $707,470 |
| Total Program Service Revenue | $0 |
| Investment income | $1,097 |
| 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 | $708,567 |
| 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 | $393,222 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $52,719 |
| Compensation of current officers, directors, key employees. | $21,088 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $27,000 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $11,696 |
| Payroll taxes | $6,097 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,298 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $882 |
| Office expenses | $465 |
| Information technology | $3,818 |
| Royalties | $0 |
| Occupancy | $7,150 |
| Travel | $6,520 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $123 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,718 |
| All other expenses | $450 |
| Total functional expenses | $529,997 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $651,545 |
| 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 | $43,497 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $695,042 |
| Accounts payable and accrued expenses | $1,492 |
| 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 | $1,492 |
| Net assets without donor restrictions | $614,492 |
| Net assets with donor restrictions | $79,058 |
| Capital stock or trust principal, or current funds | $0 |
| 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 | $695,042 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Guatemalan Tomorrow Fund Inc has recieved totaling $50,359.
| Awarding Organization | Amount |
|---|---|
Silicon Valley Community Foundation Mountain View, CA PURPOSE: Community Development | $25,900 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $12,809 |
Goldman Sachs Philanthropy Fund New York, NY PURPOSE: COMMUNITY & HUMAN SERVICES | $6,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: INTERNATIONAL, FOREIGN AFFAIRS | $5,650 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Gsma Mobile For Development Foundation Inc Atlanta, GA | $8,779,142 | $24,580,259 |
Medshare International Decatur, GA | $29,183,563 | $28,819,803 |
American Nicaraguan Foundation Inc Miami, FL | $7,615,925 | $10,644,031 |
Rafiki Foundation Incorporated Eustis, FL | $23,488,735 | $10,619,159 |
Management Technologies International Inc Newnan, GA | $8,681,139 | $7,735,276 |
Africas Childrens Fund Inc Atlanta, GA | $1,359,595 | $6,304,288 |
Clean The World Foundation Inc Orlando, FL | $2,032,726 | $4,992,352 |
Project Medishare For Haiti Inc Miami, FL | $1,397,572 | $3,198,205 |
Educate Tomorrow Corp Miami Beach, FL | $557,417 | $2,783,703 |
Alfalit International Inc Doral, FL | $2,037,068 | $2,969,351 |
Hoi Inc Alpharetta, GA | $4,552,861 | $2,154,155 |
Childspring International Inc Atlanta, GA | $309,716 | $1,626,503 |