Guatemalan Student Support Group
- Assets
- $41.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Carrboro, NC
- Founding
- 03/2004
- Data as of
- 12/2022
- EIN
- 20-0541307
Organization Overview
Guatemalan Student Support Group is located in Carrboro, 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 12/2022, Guatemalan Student Support Group generated $52.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (7.3%) each year. All expenses for the organization totaled $41.6k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (7.8%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
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
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 | 15 | $4,177 | |
Bayron Cap Trustee And Assistant Director For Guatemala | 10 | $1,592 | |
Kim R Jones Trustee And Board Chairperson | 20 | $0 | |
Debbie Lindsey Trustee And Board Secretary | 10 | $0 | |
Robert Dermody Treasurer And Trustee (resigned 12/31/22) | 10 | $0 | |
Berkeley Grimball Jr Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $52,847 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $51 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $52,898 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $9,668 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $3,059 |
| Other expenses | $3,227 |
| Total expenses | $41,638 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $41,484 |
| Other assets | $0 |
| Total assets | $41,484 |
| Total liabilities | $0 |
| Net assets or fund balances | $41,484 |