Portal is located in Pueblo, CO. The organization was established in 2014. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Portal 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, Portal generated $43.9k 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 (11.9%) each year. All expenses for the organization totaled $61.6k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (10.6%) per year over the past 8 years. 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
PORTAL EXISTS TO EMPOWER AND TRANSFORM LIVES OF IMPOVERISHED PEOPLE IN DEVELOPING COUNTRIES BY DEVELOPING AND PROVIDING TRANSPORTATION, TOOLS, AND EDUCATION NECESSARY TO REALIZE SUSTAINABLE INCOMES
Describe the Organization's Program Activity:
Part 3 - Line 4a
2022 SUPPORTED 10 NEW ENTREPRENEURS WITH CARGO BICYCLES TO HELP GROW THEIR SMALL BUSINESSESS AND CONTINUED TO PROVIDE COACHING AND MENTORING. ALSO SUPPORTED INCUBATION OF A NEW BUSINESS TO PROVIDE INCOME AND LIVELIHOODS LOCALLY IN NEPAL. THIS NEW 100% NEPALI OWNED AND RUN BUSINESS PRODUCES SILICONE LINERS THAT FIT OVER A PATIENT'S RESIDUAL LIMB TO PROTECT THEIR SKIN FROM SORES WHILE WEARING A PROSTHETIC DEVICE. THESE LINERS EXTEND THE DURATION AND DISTANCE SOMEONE CAN COMFORTABLY FUNCTION WHILE USING THEIR PROSTHESIS. WITHOUT A LINER, A PROSTHESIS IS EITHER NOT USED OR USED FOR A SIGNIFICANTLY SHORTER LENGTH OF TIME AND DISTANCE. A LINER TYPICALLY COSTS AROUND $200 IN THE CURRENT MARKET AND NEEDS REPLACED APPROXIMATELY EVERY 6 MONTHS DEPENDING ON THE AMOUNT OF USE AND WEAR. THE LACK OF MONEY AND ACCESS TO LINERS KEEPS PEOPLE IMMOBILIZED AND OSTRACIZED FROM COMMUNITIES. PEOPLE ARE OFTEN REJECTED, ABUSED, OR NEGLECTED IF THEY CANNOT BECOME SELF-MOBILIZED. THIS NEW BUSINESS WILL CONTINUE TO PARTNER WITH PROSTHETISTS AND ORTHOTISTS AS WELL AS LOCAL BUSINESSES TO CONTINUE MODIFYING AND IMPROVING PROSTHETIC LINER PRODUCTION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Emily Spear Executive Director | Officer | 55 | $31,500 |
Jim Bolton Treasurer | Trustee | 1 | $0 |
Gordon Brander Director | Trustee | 1 | $0 |
Shanelle Kindel Secretary | Trustee | 1 | $0 |
Barry Smith Director | Trustee | 1 | $0 |
Caleb Spear President | Trustee | 1 | $0 |
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 | $43,788 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $43,788 |
Total Program Service Revenue | $89 |
Investment income | $0 |
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 | $43,877 |
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 | $21,950 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $31,500 |
Compensation of current officers, directors, key employees. | $7,875 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $2,410 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $525 |
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 | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $781 |
Total functional expenses | $61,603 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $5,693 |
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 | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $5,693 |
Accounts payable and accrued expenses | $0 |
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 | $117 |
Total liabilities | $117 |
Net assets without donor restrictions | $5,576 |
Net assets with donor restrictions | $0 |
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 | $5,693 |