Cheetah Development Inc
- Assets
- $521.7k
- Revenue
- $504.5k
- Investments
- $0.0
- Employees
- 7
- Location
- Minneapolis, MN
- Founding
- 09/2011
- Data as of
- 12/2016
- EIN
- 80-0375330
Organization Overview
Cheetah Development Inc is located in Minneapolis, MN. The organization was established in 2011. According to its NTEE Classification (Q32) the organization is classified as: International Economic Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2016, Cheetah Development Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cheetah Development 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 12/2016, Cheetah Development Inc generated $504.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (11.5%) each year. All expenses for the organization totaled $745.9k during the year ending 12/2016. 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
2016
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE OPPORTUNITIES FOR SMALLHOLDER FARMERS TO COMMERCIALIZE, FEED THE WORLD & EXIT POVERTY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHEETAH DEVELOPMENT, INC. ACCOMPLISHES ITS MISSION THROUGH THREE INTER-DEPENDENT STRATEGIES, (1) BUILDING FOR-PROFIT SOCIAL ENTERPRISES IN THE AGRICULTURE VALUE CHAIN THAT BUY FROM SMALLHOLDERS OR PROVIDE THEM WITH A PRODUCT OR SERVICE THAT IMPROVES THEIR PRODUCTIVITY AND PROFITABILITY, (2) MAKING THE SMALLHOLDER INVESTABLE BY PROVIDING THEM WITH THE CAPITAL, KNOWLEDGE, AND RELATIONSHIPS TO ENTER THE MODERN AGRICULTURE VALUE CHAIN, AND (3) BLENDED CAPITAL, USING BOTH PHILANTHROPY AND IMPACT INVESTING TO ADVANCE THE MISSION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julie Oswald Chair | OfficerTrustee | 3 | $0 |
Dr Mark Ereth Vice Chair | OfficerTrustee | 1 | $0 |
Bob Stewart Secretary | OfficerTrustee | 1 | $0 |
Raymond Menard CEO | OfficerTrustee | 80 | $26,250 |
Ndaga Mwakabuta Member | Trustee | 1 | $0 |
Chilwa Kiliaki Member | Trustee | 1 | $0 |
Financial Statements
| 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 | $178,945 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $178,945 |
| Total Program Service Revenue | $325,570 |
| Investment income | $7 |
| 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 | $504,522 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $26,250 |
| Compensation of current officers, directors, key employees. | $6,563 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $536,750 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $15,117 |
| 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 | $42,352 |
| Advertising and promotion | $4,672 |
| Office expenses | $17,336 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $36,787 |
| Travel | $56,462 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,354 |
| Interest | $3,098 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,406 |
| All other expenses | $684 |
| Total functional expenses | $745,924 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $25,302 |
| Savings and temporary cash investments | $70,896 |
| 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 | $575 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $407,721 |
| Intangible assets | $0 |
| Other assets | $17,241 |
| Total assets | $521,735 |
| Accounts payable and accrued expenses | $401,371 |
| 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 | $109,375 |
| Other liabilities | $10,500 |
| Total liabilities | $521,246 |
| Unrestricted restricted net Assets | -$6,053 |
| Temporarily restricted net Assets | $6,542 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $489 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Junior Achievement Usa St Paul, MN | $27,350,396 | $16,117,931 |
Junior Achievement Of Wisconsin Inc Milwaukee, WI | $23,699,588 | $4,556,732 |
Junior Achievement Of Central Iowa Inc Des Moines, IA | $3,629,788 | $1,191,934 |
Junior Achievement Of South Dakota Sioux Falls, SD | $2,003,312 | $1,194,777 |
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