Cultivate International
- Assets
- $50.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lakeville, MN
- Founding
- 06/2016
- Data as of
- 12/2022
- EIN
- 81-2626013
Organization Overview
Cultivate International is located in Lakeville, MN. The organization was established in 2016. According to its NTEE Classification (S99) the organization is classified as: Community Improvement & Capacity Building N.E.C., under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cultivate International 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, Cultivate International generated $64.6k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $53.2k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (4.3%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
CAPACITY-BUILDING PROGRAM: WE OFFER TRAINING AND COACHING TO COMMUNITY LEADERS TO EQUIP THEM TO BUILD AND SUSTAIN SUCCESSFUL CHARITABLE PROJECTS THAT ADDRESS POVERTY AND INJUSTICES IN THEIR OWN COMMUNITIES. IN 2022 WE HAD 52 LEADERS FROM 15 NATIONS GLOBALLY PARTICIPATE IN OUR EMPOWERMENT & CAPACITY BUILDING TRAINING PROGRAM, THUS IMPACTING APPROX. 16,000 COMMUNITY MEMBERS WORLDWIDE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elaine Tymchak Executive Director & Board Member | 40 | $27,898 | |
Ryan Hertel Board President | 1 | $0 | |
Jennifer Freeman Board Member | 1 | $0 | |
Anthony Boaten Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $62,739 |
| Total Program Service Revenue | $1,878 |
| Membership dues | $0 |
| Investment income | $3 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $64,620 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $44,468 |
| Professional fees and other payments to independent contractors | $1,566 |
| Occupancy, rent, utilities, and maintenance | $768 |
| Printing, publications, postage, and shipping | $53 |
| Other expenses | $6,332 |
| Total expenses | $53,187 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $50,371 |
| Other assets | $0 |
| Total assets | $50,371 |
| Total liabilities | $326 |
| Net assets or fund balances | $50,045 |