Ixtatan Foundation, operating under the name Ixtatan Foundation INC, is located in Charlottesville, VA. The organization was established in 2001. According to its NTEE Classification (Q30) the organization is classified as: International Development, 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. Ixtatan 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 12/2022, Ixtatan Foundation INC generated $255.5k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $184.0k 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
TO SUPPORT THE POWER AND CAPACITY OF GUATEMALAN YOUTH TO FOSTER PARTICIPATORY PATHWAYS TO COMMUNITY WELL-BEING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BETH & JOHN EVANS SCHOLARSHIP PROGRAM: THIS PROGRAM AIMS TO AID FINANCIALLY NEEDY YOUNG INDIVIDUALS WITH EXCEPTIONAL ACADEMIC POTENTIAL, LEADERSHIP SKILLS AND DEDICATION TO ENHANCE THEIR CAPABILITIES, LIVING STANDARDS, AND THE BETTERMENT OF THEIR COMMUNITY THROUGH COMMUNITY ENGAGEMENT. THE GOAL OF THIS PROGRAM IS TO CONTRIBUTE TO SCHOLARSHIP STUDENTS' EDUCATIONAL, ECONOMIC, SOCIAL, SCIENTIFIC, TECHNOLOGICAL, AND CULTURAL PROGRESSION.
CURRICULUM DEVELOPMENT FOR PROJECT BASED LEARNING: OVER THE YEARS, THE YEARS, THE IXTATAN FOUNDATION HAS CAREFULLY ADAPTED PROJECT BASED LEARNING METHOD TO THE POPULATION AND CULTURAL CONTEXT OF THE WESTERN HIGHLANDS. THE FOUNDATION NOW PROPOSES TO SYSTEMATIZE AND HIGHLANDS. THROUGH A TWO-YEAR PROGRAM DESIGNED TO TRAIN COHORTS OF TEACHERS IN PROJECT-BASED LEARNING.
COMMUNITY LIBRARY PROGRAM: THIS PROGRAM IS MANAGED AND ADMINISTERED BY THE IXTATAN FOUNDATION. IT STARTED OPERATING ON JUNE 15, 2016, WITH THE SUPPORT OF THE BANCO DE GUATEMALA. THE PROGRAM BENEFITS STUDENTS FROM VARIOUS PUBLIC AND PRIVATE EDUCATIONAL CENTERS, UNIVERSITIES, AND FAMILIES IN SAN MATEO IXTATAN. THE LIBRARY AIMS TO PROMOTE AND FACILITATE ACCESS TO INFORMATION, FOSTERING A READING CULTURE THAT EXPANDS HORIZONS AND CRITERIA AND ENABLES PERSONAL, PROFESSIONAL, SOCIAL, AND ECONOMIC DEVELOPMENT. EDUCATION AND ACCESS TO INFORMATION ARE ESSENTIAL TO COMMUNITY DEVELOPMENT. THE LIBRARY'S MAIN ACTIVITIES INCLUDE READING AND LEARNING, AS WELL AS PROMOTING FINANCIAL LITERACY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Vinka Craver Director | Trustee | 1 | $0 |
Wende Duflon Director | Trustee | 1 | $0 |
Douglas Ford Director | Trustee | 1 | $0 |
Beth Neville Evans Director | Trustee | 1 | $0 |
Emily Martin Director | Trustee | 1 | $0 |
Kent Wayland Director | 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 | $255,407 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $255,407 |
Total Program Service Revenue | $0 |
Investment income | $47 |
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 | $255,454 |
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 | $102,112 |
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 | $59,754 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $15,601 |
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 | $0 |
Advertising and promotion | $86 |
Office expenses | $4,602 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $1,822 |
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 | $0 |
Total functional expenses | $183,977 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $12,623 |
Savings and temporary cash investments | $126,511 |
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 | $139,134 |
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 | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $67,656 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $71,478 |
Total liabilities and net assets/fund balances | $139,134 |