Ktk-Belt Inc is located in Manhasset Hills, NY. The organization was established in 2015. According to its NTEE Classification (C30) the organization is classified as: Natural Resources Conservation & Protection, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ktk-Belt 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, Ktk-Belt Inc generated $773.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 26.8% each year . All expenses for the organization totaled $1.5m during the year ending 12/2022. 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
KTK-BELT'S MISSION IS TO CATALYZE NEW MODELS OF BIODIVERSITY CONSERVATION AND ENVIORNMENTAL LEARNING IN EASTERN NEPAL. IT WORKS WITH TEACHERS, FARMERS, YOUTH, AND WOMEN TO CREATE A VERTICAL UNIVERSITY THAT WILL SPAN FROM KOSHI TAPPU WILDLIFE SANCTUARY TO KANCHENJUNGA, THE THIRD TALLEST PEAK IN THE WORLD. THE IDEA IS TO GIVE A FRAMEWORK TO LOCAL FARMERS TO BECOME PROFESSORS OF THE VERTICAL UNIVERSITY, TO SHARE THEIR INDIGENOUS KNOWLDGE WHILE ALSO PHYSICALLY CONSERVING THREATENED SPECIES AND LANDSCAPES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
KTK-BELT WORKS IN CONCERT WITH NON-PROFIT COOPERATIVES REGISTERED UNDER THE NEPAL COMPANY ACT CALLED LEARNING GROUNDS. EACH LEARNING GROUNDS, GOVERNED BY A DIVERSE LOCAL BOARD AND MONITORED BY THE SOCIAL WELFARE COUNCIL (SWC) OF THE NEPAL GOVERNMENT WORKS TO PROTECT NATURE BY PREVENTING ECOSYSTEM FRAGMENTATION, DEFORESTATION, AND POACHING. YOUTH FELLOWS, LOCAL CONSERVATIONISTSM AND EDUCATORS, TRAINED AND SUPPORTED BY KTK-BELT STAFF, RUN AND ADMINISTER THE LEARNING GROUNDS AND BUILD PLACE-BASED CAPACITYY FOR BIODIVERSITY CONSERVATION AND SUSTAINABLE LIVELIHOODS ACROSS AND 8,000 METER VERTICAL GRADIENT, FROM THE PLAINS TO THE HIGH HIMALAYAS. THIS IS ACHIEVED THROUGH PEER-TO-PEER LEARNING PROGRAMS, WORK EMPOWERMENT, AND UPSTREAM-DOWNSTREAM LINKAGES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Priyanka Bista Director | Trustee | 20 | $0 |
Jules White Director | Trustee | 2.5 | $0 |
Rajeev Goyal Chairperson | OfficerTrustee | 20 | $0 |
Hom Lamsal Secretary | OfficerTrustee | 20 | $0 |
Varun Saraf Director | Trustee | 2.5 | $0 |
Stephanie Odegard Director | Trustee | 2.5 | $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 | $655,441 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $655,441 |
Total Program Service Revenue | $0 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $118,434 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $773,875 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $225,400 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $50,000 |
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 | $86,581 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $6,369 |
Fees for services: Accounting | $10,553 |
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 | $34,569 |
Information technology | $800 |
Royalties | $0 |
Occupancy | $28,866 |
Travel | $16,403 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $313 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,890 |
Insurance | $4,786 |
All other expenses | $247,524 |
Total functional expenses | $1,471,942 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $112,365 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $62,945 |
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 | $10,923 |
Net Land, buildings, and equipment | $11,814 |
Investments—publicly traded securities | $23,432 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $909 |
Total assets | $222,388 |
Accounts payable and accrued expenses | $4,443 |
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 | $4,443 |
Net assets without donor restrictions | $145,796 |
Net assets with donor restrictions | $72,149 |
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 | $222,388 |