Overview
What is Kula Project Inc?
Kula Project Inc is a nonprofit organization based in Marietta, Georgia, dedicated to eradicating poverty in rural Rwanda's coffee communities. Their primary initiative is a 15-month fellowship program, designed to empower local entrepreneurs through industry training, life skills development, and business investment. This comprehensive fellowship encompasses various aspects such as farming, tailoring, and weaving, as well as developmental training in financial literacy, family health, and nutrition, promoting self-esteem, gender equality, and mentorship. The ultimate goal is to equip fellows with the necessary skills and resources to increase their income, create better futures for their families, and contribute positively to their communities in Rwanda.
Official website here: www.kulaproject.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Stars)
Kula Project Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and finance. With an impressive score of 94 for accountability, the organization boasts 100% independent board members and maintains rigorous policies regarding financial oversight, conflict of interest, and whistleblower protection. This level of governance indicates a robust structural integrity which is essential for donor confidence and organizational sustainability.
The charity demonstrates effective financial management with a program expense ratio of 81.81%, signifying that a substantial portion of its funding is directed towards its mission. Additionally, Kula Project Inc excels in gathering and utilizing constituent feedback, scoring a perfect 100 in all related areas. This suggests a high level of engagement with the communities it serves, ensuring that their needs are prioritized in program development.
While the organization scores well in equity strategies, there are slight areas for improvement in its equity policies and processes, where it received lower scores. Nonetheless, the overall picture is one of a well-managed, responsive nonprofit that prioritizes transparency and constituent involvement, making it a worthy consideration for potential donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Kula Project Inc legitimate?
Kula Project Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kula Project Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $147,410
Professional Fundraising Fees: $0
Other Salaries and Wages: $71,762
For more financial information, click here
Official website here: www.kulaproject.org
What is the mission statement of Kula Project Inc?
The mission of Kula Project Inc is geared towards eradicating poverty by empowering entrepreneurs in coffee communities. Through a comprehensive 15-month business fellowship, offering industry training, life and leadership skills, and business investments, they aim to equip fellows with the necessary skills and resources to enhance their income and create better futures for their families.
Official website here: www.kulaproject.org
Who is the CEO of Kula Project Inc?
Nicholas Lauten is the Principal Officer of Kula Project Inc.
Official website here: www.kulaproject.org
What is the revenue of Kula Project Inc?
Kula Project Inc's revenue in 2022 was $899,916.
Official website here: www.kulaproject.org
Who are the executives of Kula Project Inc and what are their salaries?
The average compensation at Kula Project Inc during 2022 was $73,057. There are 3 employees and 3 volunteers at Kula Project Inc.
Here are 5 key members and their salaries:
- Compensation: $80,000
- Related: $0
- Other: $4,200
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $67,410
- Related: $0
- Other: $17,045
Official website here: www.kulaproject.org
Where can I find the form 990 for Kula Project Inc?
Kula Project Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.kulaproject.org
Learn more at the official website: www.kulaproject.org
Mission Statement of Kula Project Inc
Kula Project, a non-profit organization, is dedicated to eradicating poverty in coffee communities across Rwanda. The mission of Kula Project is to empower local entrepreneurs by providing a comprehensive 15-month business fellowship. This program is designed to equip fellows with essential industry training, life and leadership skills, and business investments, enabling them to significantly increase their income and create sustainable futures for their families. Through this fellowship, Kula Project aims to uplift individuals in these communities, providing them with the tools they need to break the cycle of poverty and build a better life for themselves and their families.
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Impact
June, 2024
Kula Project Inc is eradicating poverty in Rwanda's coffee communities by developing entrepreneurs through its KULA Fellowship program. This holistic 15-month initiative provides industry training, life and leadership skills, and business investment to coffee and artisan fellows in rural Rwanda. The program includes components such as industry training, farmer field school, tailoring, and weaving, along with developmental training in financial literacy, family health and nutrition, business self-esteem, and gender equality. Through one-on-one mentorship, fellows are equipped with the skills and resources to increase their income and create new futures for their families.
This information is meant to be a general summary of Kula Project Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$11,738
- Gross Receipts: $1,116,654
Assets and Liabilities:
- Total Assets: $548,779
- Total Liabilities: $1,641
- Net Assets: $547,138
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Organization Details
Founding Year
2012
Phone
(678) 761-3262Principal Officer
Nicholas Lauten
Main Address
2307 Counsel Ct, Marietta, GA, 30068
Website
www.kulaproject.orgNTEE Category
Code: C35 - Environment
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