Shanta Foundation Inc is located in Durango, CO. The organization was established in 2006. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2022, Shanta Foundation Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Shanta Foundation 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 06/2022, Shanta Foundation Inc generated $940.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.3% each year . All expenses for the organization totaled $591.2k during the year ending 06/2022. While expenses have increased by 8.1% 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
TO PARTNER WITH UNDERSERVED RURAL VILLAGES IN MYANMAR TO DEVELOP HEALTHY COMMUNITIES. THROUGH A COLLABORATIVE PROCESS, WE EMPOWER LOCAL LEADERSHIP TO MAKE EFFECTIVE, SUSTAINABLE CHANGE FOCUSING ON EDUCATION, QUALITY HEALTH CARE, AND ECONOMIC OPPORTUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LIVELIHOOD - AS OF JUNE 2022, 130 INDIVIDUALS ARE PARTICIPATING IN THE PIG FARM PROGRAM. PARTICIPANTS EARNED AN AVERAGE OF 427 FROM JANUARY TO JUNE 2022, WITH AN AVERAGE PROFIT OF 306. - IN ALL THE PAUK AND SOUTHERN SHAN TOWNSHIPS, 262 FARMERS HAVE DIRECTLY BENEFITED FROM PIG FARMING, WITH 956 INDIVIDUALS AND FAMILY MEMBERS BENEFITING DIRECTLY. - AT THE BEGINNING OF 2022, 89 FARMERS IN 6 VILLAGES PARTICIPATED IN THE COFFEE FARMING PROJECT. - THIS YEAR, 15 FARMERS FROM 2 VILLAGES MADE A PROFIT FROM SELLING 1,300 KG OF CHILI. THREE ADDITIONAL FARMERS FROM THREE OTHER VILLAGES STARTED FARMING THE CROP. - EIGHTEEN FARMERS FROM 4 VILLAGES RECEIVED SUPPORT TO PRODUCE OTHER NATURAL INPUTS AFTER TRAININGS AND DEMONSTRATIONS.
CAPACITY BUILDING AND LEADERSHIP - STARTED FOUR NEW PARTNER VILLAGES IN SOUTHERN SHAN STATE. - SIX PARTNER VILLAGES GRADUATED IN SOUTHERN SHAN STATE. - ADDITIONALLY, US STAFF SPENT SOME TIME ANALYZING SHANTA'S DEVELOPMENT MODEL AND CONSIDERING EXPANSION INTO ANOTHER COUNTRY. - STARTED RICE BANKS RUN BY THE VDTS THAT BENEFIT 453 HOUSEHOLDS - THE CBS DIRECTLY BENEFIT 1,609 HOUSEHOLDS (78%) OF THE POPULATION) THROUGH LOANS MANAGED BY THE VDTS. OF THESE HOUSEHOLDS, 1,479 ARE FROM THE POOREST STRATA OF THE VILLAGE POPULATIONS - LOAN REPAYMENT IN EVERY VILLAGE IS 100% - AT THE END OF DECEMBER 2021, THE CUMULATIVE REVOLVING FUND AMOUNT WAS 172,381. - UP TO 49% OF THE FUNDS' INTEREST WAS USED FOR COMMUNITY DEVELOPMENT ACTIVITIES, SUCH AS INFRASTRUCTURE, EDUCATION, LIBRARIES, AND CLEAN WATER SUPPLIES. - CUMULATIVELY THERE ARE 308 VDT MEMBERS (OF WHICH 108 ARE WOMEN) IN BOTH REGIONS.
SEE SCHEDULE O INFRASTRUCTURE - TWO VILLAGES COMPLETED ROAD PROJECTS - TWO VILLAGES COMPLETED A NEW PRESCHOOL - ONE VILLAGE COMPLETED A WATER SYSTEM
EDUCATION, HEALTH, AND WOMEN'S EMPOWERMENT -IN SOUTHERN SHAN, 67% OF VILLAGE WOMEN ATTENDED WOMEN'S HEALTH GROUPS (WHGS) IN PIN LAUNG TOWNSHIP AND 78% IN TAUNGGYI TOWNSHIP. - IN SOUTHERN SHAN, 84 WHGS WERE HELD IN 16 VILLAGES. - 409 WOMEN WERE INVOLVED IN SELF HELP GROUPS (SHGS) IN ALL 24 VILLAGES IN SOUTHERN SHAN AND PAUK - 13 VILLAGES ARE MAINTAINING THEIR LIBRARIES THROUGH VOLUNTEER LIBRARY COMMITTEES. - IN THE PAUK REGION, 88% OF THE CHILDREN ARE READING BOOKS. - ACROSS ALL OF THE TOWNSHIPS WHERE SHANTA GRANTS FUNDS, 675 YOUNG PEOPLE DIRECTLY BENEFITTED FROM THE LIBRARY PROJECT. - VILLAGES IN THE SOUTHERN SHAN REGION ARE STILL MAINTAINING VILLAGE SCHOLARSHIP FUNDS. THESE FUNDS SUPPORT STUDENTS ATTENDING GOVERNMENT OR LARGER TOWNSHIP SCHOOLS OUTSIDE THE VILLAGES. AT THE BEGINNING OF 2022, 234 STUDENTS AND 774 FAMILY MEMBERS BENEFITTED FROM THIS PROGRAM. - SCHOLARSHIP FUNDS WERE ACTIVE IN 10 VILLAGES, DIRECTLY BENEFITTING 164 STUDENTS PARTICIPATING IN SECONDARY SCHOOLS OUTSIDE THE VILLAGE. - INDIVIDUAL SHANTA DONORS CURRENTLY SPONSOR SEVENTEEN STUDENTS TO ATTEND HTOO CHUN BOARDING SCHOOL IN THE AYEYARWADY REGION OF MYANMAR.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dennis Griffith Executive Di | Officer | 40 | $112,913 |
David C Peters Treasurer | OfficerTrustee | 4 | $0 |
Zachary Ray Vice Preside | OfficerTrustee | 4 | $0 |
Arlen Weiner President | OfficerTrustee | 7 | $0 |
Mark Mastalski Director | Trustee | 4 | $0 |
James Hoffman Director | Trustee | 4 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $17,104 |
Related organizations | $0 |
Government grants | $49,595 |
All other contributions, gifts, grants, and similar amounts not included above | $863,755 |
Noncash contributions included in lines 1a–1f | $37,572 |
Total Revenue from Contributions, Gifts, Grants & Similar | $930,454 |
Total Program Service Revenue | $0 |
Investment income | $11,091 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | -$890 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $940,655 |
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 | $269,721 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $113,754 |
Compensation of current officers, directors, key employees. | $22,751 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $93,255 |
Pension plan accruals and contributions | $3,093 |
Other employee benefits | $0 |
Payroll taxes | $16,785 |
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 | $16,909 |
Advertising and promotion | $0 |
Office expenses | $12,193 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $11,772 |
Travel | $39,078 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $3,674 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $828 |
Insurance | $4,238 |
All other expenses | $0 |
Total functional expenses | $591,154 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $317,531 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $19 |
Loans from Officers, Directors, or Controlling Persons | $64,462 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $3,257 |
Net Land, buildings, and equipment | $277 |
Investments—publicly traded securities | $241,332 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $626,878 |
Accounts payable and accrued expenses | $10,854 |
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 | $10,854 |
Net assets without donor restrictions | $425,469 |
Net assets with donor restrictions | $190,555 |
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 | $626,878 |
Over the last fiscal year, we have identified 8 grants that Shanta Foundation Inc has recieved totaling $227,067.
Awarding Organization | Amount |
---|---|
Vibrant Village Foundation Portland, OR PURPOSE: SUPPORT A MULTI-SECTOR COMMUNITY DEVELOPMENT PROGRAM IN PAUK, MYANMAR. | $168,039 |
Jeff And Mary Walker Family Foundation Durango, CO PURPOSE: HELP SUSTAIN COMMUNITY DEVELOPMENT PROGRAMS | $15,000 |
Coutts & Clark Western Foundation Inc Durango, CO PURPOSE: CHARITABLE | $15,000 |
The Dopkin Singer Dannenberg Foundation Inc Owings Mills, MD PURPOSE: SCHOLARSHIPS | $11,000 |
Pangea Giving Seattle, WA PURPOSE: Women's Rights | $9,500 |
Globalgiving Foundation Inc Washington, DC PURPOSE: FUNDS RAISED BY GLOBALGIVING AND DISBURSED TO MEET DONOR EXPECTATIONS | $7,243 |
Beg. Balance | $31,004 |
Earnings | -$1,096 |
Net Contributions | $1,690 |
Ending Balance | $31,598 |
Organization Name | Assets | Revenue |
---|---|---|
Metropolitan Entertainment & Omaha, NE | $158,635,208 | $95,451,675 |
Visit Salt Lake Salt Lake City, UT | $7,092,794 | $14,927,768 |
Greater Phoenix Convention & Visitors Bureau Phoenix, AZ | $19,191,750 | $16,242,591 |
Central Oklahoma Workforce Investment Board Inc Oklahoma City, OK | $3,420,947 | $10,316,235 |
Greater Phoenix Economic Council Phoenix, AZ | $6,926,984 | $7,545,492 |
Region 10 League For Economic Assistance & Planning Inc Montrose, CO | $16,331,779 | $8,034,942 |
Cplc Nevada Inc Phoenix, AZ | $8,204,824 | $6,300,794 |
Wichita Convention & Tourism Bureau Wichita, KS | $3,697,930 | $5,439,635 |
South Central Kansas Economic Development District Inc Sckedd Bel Aire, KS | $6,963,572 | $7,360,259 |
Omaha Economic Development Corp Omaha, NE | $18,549,776 | $6,962,293 |
I2e Inc Oklahoma City, OK | $27,869,803 | $5,344,576 |
Partnership For Economic Innovation Tempe, AZ | $1,809,665 | $4,093,737 |