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Kula Project Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 455273875 ✦ Marietta, GA ✦ Designated as a 501(c)(3)

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

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.

Here 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:

    Nic Lauten (Executive Director (Since 3/2022))
  • Compensation: $67,410
  • Related: $0
  • Other: $17,045

    • Sarah Buchanan-Sasson (Executive Director (Until 3/2022))
  • Compensation: $80,000
  • Related: $0
  • Other: $4,200

    • Ryan Pernice (Board Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Wade Preston (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tara Clapper (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.kulaproject.org

    Where can I find the form 990 for Kula Project Inc?

    The 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.

    Impact

    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.




    Tuesday, June 18, 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.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $-11,738
  • Program Service Revenue: $0
  • Gross Receipts: $1,116,654

    • Assets and Liabilities:
  • Total Assets: $548,779
  • Total Liabilities: $1,641
  • Net Assets: $547,138
  • Organization Details

    Founding Year

    2012

    Principal Officer

    Nicholas Lauten

    Main Address

    2307 Counsel Ct, Marietta, GA, 30068

    NTEE Category

    Code: C35 - Environment