Selamta Family Project Inc is located in Lake Placid, FL. The organization was established in 2005. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 12/2022, Selamta Family Project Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Selamta Family Project 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 12/2022, Selamta Family Project Inc generated $620.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.2% each year. All expenses for the organization totaled $743.0k during the year ending 12/2022. While expenses have increased by 7.5% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
SELAMTA BRINGS HOPE AND HEALING TO ORPHANED AND ABANDONED CHILDREN BY RECREATING AND EMPOWERING FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
POVERTY, BROKENNESS AND A LACK OF DOMESTIC ADOPTION IN ETHIOPIA CREATE THE NEED FOR SELAMTA'S PROGRAMS. OUR FOREVER FAMILIES ARE A PERMANENT ALTERNATIVE TO INSTITUTIONS OR LIFE ON THE STREET. CHILDREN COME TO SELAMTA FROM GOVERNMENT ORPHANAGES AND INSTITUTIONS. SELAMTA IS TRANSFORMING LIVES THROUGH THESE CORE COMPETENCIES: WRAP AROUND CARE: OUR PROFESSIONAL TEAM FOCUSES ON EDUCATION, HEALTH & WELLNESS, PSYCHOSOCIAL SUPPORT AND SPIRITUAL DEVELOPMENT, WRAPPING AROUND EACH INDIVIDUAL AND FAMILY TO PROVIDE THE STRUCTURE AND SUPPORT NECESSARY TO GROW AND NEGOTIATE NEEDS. COMMUNITY INTEGRATION: A FOCUS ON LEVERAGING THE SYSTEM AND RESOURCES OF THE LOCAL COMMUNITY INCLUDING SCHOOLS, CHURCHES, COMMUNITY PROGRAMS AND MEDICAL RESOURCES TO ENSURE THE NEEDS OF OUR FAMILIES ARE MET. WHEN LOCAL RESOURCES AREN'T AVAILABLE, WE REACH BEYOND THOSE GEOGRAPHICAL BOUNDARIES TO GET WHAT'S NEEDED. PERMANENCY: PLACEMENT WITH A FOREVER FAMILY IS PERMANENT AND EVEN AFTER A CHILD IS GROWN AND ESTABLISHING THEMSELVES, THEY ALWAYS HAVE A NETWORK OF SUPPORT FROM THEIR FAMILY AND SELAMTA'S PROFESSIONAL TEAM. WHILE A CULTURE OF ADOPTION IS BEING NURTURED IN ETHIOPIA, SELAMTA'S FOREVER FAMILIES STAND IN THE GAP FOR CHILDREN WHO NEED TO KNOW THE LOVE OF A FAMILY TODAY. IN FALL OF 2022, WE ESTABLISHED OUR TWO NEWEST FOREVER FAMILIES FROM THE 18 CHILDREN WE WELCOMED LAST YEAR. TODAY OUR TWO NEW FAMILIES ARE SETTLING INTO THEIR HOMES AND FIGURING OUT WHAT DAY TO DAY LIFE LOOKS LIKE. THEY ARE EACH CREATING A UNIQUE FAMILY CULTURE WITH THEIR OWN RULES, ROLES, AND RHYTHMS. THEIR DAYS ARE FILLED WITH SMALL EVERYDAY MOMENTS THAT HOLD BIG SIGNIFICANCE. ONE CHILD SHARED, "OUR NEW FAMILY HOME IS TOTALLY DIFFERENT FROM THE KIDS CENTER. I LOVE HOW WE SIT TOGETHER NOW, HOW WE HELP OUR MOM MAKE INJERA, AND WE ALSO GO SHOPPING WITH HER. WE EACH TAKE RESPONSIBILITY FOR OUR ACTIONS AND DON'T MIND SHARING OUR THINGS BECAUSE WE RESPECT ONE ANOTHER." OUR EDUCATION TEAM CONTINUED TO POUR INTO OUR STUDENTS, DETERMINING THE BEST SCHOOL PLACEMENT FOR EACH CHILD AND ENSURING INDIVIDUAL EDUCATION NEEDS ARE MET SO EACH CHILD CAN THRIVE. VIRTUAL ONE-ON-ONE MENTOR SESSIONS MATCHING OUR STUDENTS WITH A PROFESSIONAL FROM A CAREER THEY DREAM TO PURSUE CONTINUED THROUGH 2022. HEALTH AND WELLNESS REMAINED A PRIORITY AT SELAMTA AS OUR HEALTH TEAM CONTINUED TO NAVIGATE THE RESIDUAL EFFECTS OF COVID, TREAT TYPICAL ACUTE AND CHRONIC CONDITIONS AND SEEK THE BEST CARE AND RESOURCES FOR OUR CHILDREN WITH DISABILITIES. TRUST BASED RELATIONAL INTERVENTION (TBRI) HAS BECOME AN INTEGRAL PART OF THE CARE OUR TEAM PROVIDES TO OUR FAMILIES. TRBI IS AN APPROACH SEEKING TO HEAL RELATIONAL TRAUMA THROUGH HEALTHY RELATIONSHIPS USING A BALANCE OF NURTURE AND STRUCTURE WITH A FOCUS ON ATTACHMENT. OUR TEAM HAS SHARED THEIR KNOWLEDGE AND EXPERIENCES WITH TBRI TO OTHER ORGANIZATIONS LED BY OUR LEAD PSYCHOLOGIST, A TBRI PRACTITIONER. SPIRITUAL DEVELOPMENT HAS BEEN VITAL TO OUR FAMILIES AMIDST THE CIVIL UNREST AND GLOBAL INFLATION OF 2022. OVER AND OVER AGAIN OUR FAMILIES HAVE SHARED WHAT AN IMPORTANT ROLE THEIR FAITH IN GOD HAS MEANT TO THEM THROUGH IT ALL. BEING ABLE TO PROVIDE WEEKLY BIBLE STUDIES, SMALL GROUP FAITH DEVELOPMENT AND INTENTIONAL PRAYER GATHERINGS FOR ALL INTERESTED HAS STRENGTHENED OUR FAMILIES AND BROUGHT HOPE AND CONFIDENCE IN PLACE OF FEAR. SELAMTA'S COMMUNITY CENTER IS IN THE HEART OF OUR NEIGHBORHOOD. IT SERVES OUR FAMILIES, OFFICES OUR PROFESSIONAL TEAM, AND PROVIDES RESOURCES FOR THE COMMUNITY. WITH A COMPUTER LAB, LENDING LIBRARY, COUNSELING ROOM AND FIRST AID CLINIC, SELAMTA FAMILIES KNOW WHERE TO GO AND WHO TO CALL FOR WHATEVER THEY NEED. RECOGNIZING THE TRANSFORMATIONAL IMPACT OUR COMMUNITY CENTER'S WRAP-AROUND CARE PROVIDES TO SET A STRONG FOUNDATION FOR BUILDING A FAMILY, OUR TEAM BEGAN TO DEVELOP A STRATEGY FOR THE DEVELOPMENT OF A NEW COMMUNITY CENTER TO SERVE AS A SUPPORT SYSTEM FOR MORE VULNERABLE FAMILIES IN OTHER PARTS OF ADDIS ABABA. EMPOWERING AND EQUIPPING OUR FAMILIES IS ALWAYS OUR FIRST PRIORITY. EVERY FAMILY NEEDS A NETWORK OF RELIABLE SUPPORT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Marisa Stam Executive Director | OfficerTrustee | 20 | $22,154 |
James Wasz President | OfficerTrustee | 2.5 | $0 |
Andy Burmeister Secretary | OfficerTrustee | 2.5 | $0 |
Aidan Barry Treasurer | OfficerTrustee | 2.5 | $0 |
Jim Serpliss Director | Trustee | 2.5 | $0 |
Lisa Konzelman Director | Trustee | 2.5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $55,375 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $530,999 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $586,374 |
Total Program Service Revenue | $36,183 |
Investment income | $19 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$105 |
Net Income from Fundraising Events | -$2,249 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $620,639 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $10,158 |
Grants and other assistance to Foreign Orgs/Individuals | $459,165 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $51,385 |
Compensation of current officers, directors, key employees. | $9,523 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $115,728 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $12,784 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $13,783 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $5,572 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $35 |
Travel | $6,582 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $2,476 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $1,306 |
All other expenses | $178 |
Total functional expenses | $743,038 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $90,811 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $1,897 |
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 | $1,089 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $93,797 |
Accounts payable and accrued expenses | $28,021 |
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 | $28,021 |
Net assets without donor restrictions | $42,491 |
Net assets with donor restrictions | $23,285 |
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 | $93,797 |