Amurtel Inc
- Assets
- $606.3k
- Revenue
- $423.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Warren, VT
- Founding
- 03/2015
- Data as of
- 12/2023
- EIN
- 47-1136370
Organization Overview
Amurtel Inc is located in Warren, VT. The organization was established in 2015. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Amurtel 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 12/2023, Amurtel Inc generated $423.3k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 8.2% each year. All expenses for the organization totaled $382.5k during the year ending 12/2023. While expenses have increased by 9.3% per year over the past 5 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
AMURTEL PROVIDES DISASTER RELIEF, AND PARTNERS WITH WOMEN AND CHILDREN IN NEED THROUGH CAPACITY BUILDING PROGRAMS, INCLUDING MICRO-CREDIT, SELF-HELP GROUPS, LITERACY, HEALTH CARE, CHILD FRIENDLY SPACES, AND MUSIC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AMURTEL HAITI WORKS WITH ABOUT 2000 WOMEN LIVING IN EXTREME POVERTY, AND FACING CHRONIC FOOD INSECURITY. OUR TEMAS ORGANIZE SELF- HELP AND MICRO-CREDIT GROUPS, HEALTH AND LITERACY PROGRAMS FOR TEENAGE GIRLS, AND TRAINING IN HEALTHY DECISIION MAKING AND NON- VIOLENT COMMUNICATION SKILLS. WE RUN FOUR SCHOOLS THAT PROVIDE EDUCATION FOR PRE-K-9TH GRADE, WITH ENROLLMENT OVER 1200 STUDENTS DURING 2023, AMURTEL PROVIDED FOR FREE MEALS DURING THE WEEK FOR CHILDREN FACING EXTREME FOOD INSECURITY AND HUNGER DUE TO THE ONGOING CIVIL UNREST. CAMPS DURING THE SUMMER PROVIDE SAFE PLACES FOR THE CHYILDREN TO BE.
OTHER PROGRAM SERVICES INCLUDE CONTRIBUTIONS TO PROGRAMS THAT DEMONSTRATE THE MISSION AND GOALS OF AMURTEL, INCLUDING THE PROGRAMS LISTED ON THE TOP OF PAGE 1 OF SCHEDULE O.
AMURTEL GHANA PROVIDES EDUCATION THROUGH TWO SCHOOLS, SERVING CHILDREN FROM COMMUNITIES FACING EXTREME PROVERTY. MANY OF THE CHILDREN DO NOT HAVE FAMILIES AND LIVE IN OUR CENTERS. HOT MEALS ARE PROVIDED FOR STUDENTS AND THE CHILDREN LIVING IN OUR CENTERS ARE GIVEN FOOD, CLOTHING, MEDICAL CARE, SHELTER AND EMOTIONAL SUPPORT. WHEN THE CHILDREN REACH ADULTHOOD,THEY ARE GIVEN OPPORTUNITIES TO STUDY IN HIGHER EDUCATION OR TO DEVELOP SKILLS TO WORK IN BUSINESSES THAT ALLOW THEM GREATER INDEPENDENCE.
AMURTEL PROVIDED DISASTER RELIEF AND ONGOING SUPPORT TO VICTIMS OF THE EARTHQUAKE OF FEBRUARY 2023.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $49,576 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $353,821 |
| Noncash contributions included in lines 1a–1f | $7,370 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $403,397 |
| Total Program Service Revenue | $0 |
| Investment income | $19,856 |
| 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 | $423,253 |
| 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 | $310,949 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $300 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $46,614 |
| Office expenses | $979 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $17,505 |
| 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 | $2,612 |
| All other expenses | $0 |
| Total functional expenses | $382,523 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $110,593 |
| Savings and temporary cash investments | $495,671 |
| 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 | $606,264 |
| Accounts payable and accrued expenses | $5,272 |
| 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 | $5,272 |
| Net assets without donor restrictions | $600,992 |
| 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 | $606,264 |