TY 2022 Form 990

(A)
Name and title

(B)
Average hours per week (list any hours for related organizations below dotted line)

(D)
Reportable compensation from the organization (W-2/1099-MISC/1099-NEC)

(E)
Reportable compensation from related organizations (W-2/1099-MISC/1099-NEC)

(F)
Estimated amount of other compensation from the organization and related organizations

(1) SUSAN L PATTERSON......................................................................
PRESIDENT/TREASURER

4.00
.................

(2) DANIELA GUERRERO......................................................................
SECRETARY

1.00
.................

(3) CATHY MCCAULEY......................................................................
DIRECTOR

1.00
.................

(4) JOSEPH TERRANOVA......................................................................
PRESIDENT UNTIL NOVEMBER 2022

1.00
.................

(A)
Name and title

(B)
Average hours per week (list any hours for related organizations below dotted line)

(D)
Reportable compensation from the organization (W-2/1099-MISC/1099-NEC)

(E)
Reportable compensation from related organizations (W-2/1099-MISC/1099-NEC)

(F)
Estimated amount of other compensation from the organization and related organizations

(A)
Name and business address

(B)
Description of services

Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization MediumBullet

- TIN:

SCHEDULE A
(Form 990)

Department of the Treasury
Internal Revenue Service

Public Charity Status and Public Support

Complete if the organization is a section 501(c)(3) organization or a section 4947(a)(1) nonexempt charitable trust.
right arrow

Attach to Form 990 or Form 990-EZ.
right arrow

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2022

Open to Public
Inspection

Name of the organization

THE PULSERA PROJECT

Employer identification number

27-0500339

Part I

Reason for Public Charity Status (All organizations must complete this part.) See instructions.

The organization is not a private foundation because it is: (For lines 1 through 12, check only one box.)

A church, convention of churches, or association of churches described in section 170(b)(1)(A)(i).

A school described in section 170(b)(1)(A)(ii). (Attach Schedule E (Form 990).)

A hospital or a cooperative hospital service organization described in section 170(b)(1)(A)(iii).

A medical research organization operated in conjunction with a hospital described in section 170(b)(1)(A)(iii). Enter the hospital's name, city, and state:

An organization operated for the benefit of a college or university owned or operated by a governmental unit described in section 170(b)(1)(A)(iv). (Complete Part II.)

A federal, state, or local government or governmental unit described in section 170(b)(1)(A)(v).

An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi). (Complete Part II.)

A community trust described in section 170(b)(1)(A)(vi). (Complete Part II.)

An agricultural research organization described in 170(b)(1)(A)(ix) operated in conjunction with a land-grant college or university or a non-land grant college of agriculture. See instructions. Enter the name, city, and state of the college or university:

An organization that normally receives: (1) more than 33 1/3% of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions—subject to certain exceptions, and (2) no more than 33 1/3% of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975. See section 509(a)(2). (Complete Part III.)

An organization organized and operated exclusively to test for public safety. See section 509(a)(4).

An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2). See section 509(a)(3). Check the box on lines 12a through 12d that describes the type of supporting organization and complete lines 12e, 12f, and 12g.

Type I. A supporting organization operated, supervised, or controlled by its supported organization(s), typically by giving the supported organization(s) the power to regularly appoint or elect a majority of the directors or trustees of the supporting organization. You must complete Part IV, Sections A and B.

Type II. A supporting organization supervised or controlled in connection with its supported organization(s), by having control or management of the supporting organization vested in the same persons that control or manage the supported organization(s). You must complete Part IV, Sections A and C.

Type III functionally integrated. A supporting organization operated in connection with, and functionally integrated with, its supported organization(s) (see instructions). You must complete Part IV, Sections A, D, and E.

Type III non-functionally integrated. A supporting organization operated in connection with its supported organization(s) that is not functionally integrated. The organization generally must satisfy a distribution requirement and an attentiveness requirement (see instructions). You must complete Part IV, Sections A and D, and Part V.

Check this box if the organization received a written determination from the IRS that it is a Type I, Type II, Type III functionally integrated, or Type III non-functionally integrated supporting organization.

Enter the number of supported organizations ...............................

Provide the following information about the supported organization(s).

(i) Name of supported organization	(ii) EIN	(iv) Is the organization listed in your governing document?		(v) Amount of monetary support (see instructions)	(vi) Amount of other support (see instructions)
(i) Name of supported organization	(ii) EIN	Yes	No	(v) Amount of monetary support (see instructions)	(vi) Amount of other support (see instructions)


Total

For Paperwork Reduction Act Notice, see the Instructions for
Form 990 or 990-EZ.

Cat. No. 11285F

Schedule A (Form 990) 2022

Page 2

Part II

Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi)
(Complete only if you checked the box on line 5, 7, or 8 of Part I or if the organization failed to qualify under Part III. If the organization failed to qualify under the tests listed below, please complete Part III.)

Section A. Public Support

Calendar year (or fiscal year beginning in)		(a) 2018	(b) 2019	(c) 2020	(d) 2021	(e) 2022	(f) Total
1	Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") ..
2	Tax revenues levied for the organization's benefit and either paid to or expended on its behalf....
3	The value of services or facilities furnished by a governmental unit to the organization without charge..
4	Total. Add lines 1 through 3
5	The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f) ..
6	Public support. Subtract line 5 from line 4.

Section B. Total Support

Calendar year (or fiscal year beginning in)		(a) 2018	(b) 2019	(c) 2020	(d) 2021	(e) 2022	(f) Total
7	Amounts from line 4..
8	Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources...
9	Net income from unrelated business activities, whether or not the business is regularly carried on..
10	Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.)..
11	Total support. Add lines 7 through 10

Gross receipts from related activities, etc. (see instructions) ..................

First 5 years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501(c)(3) organization, check this box and stop here ........................................ right arrow

Section C. Computation of Public Support Percentage

Public support percentage for 2022 (line 6, column (f) divided by line 11, column (f)) .........

Public support percentage for 2020 Schedule A, Part II, line 14 ...............

16a

33 1/3% support test—2022. If the organization did not check the box on line 13, and line 14 is 33 1/3% or more, check this box
and stop here. The organization qualifies as a publicly supported organization ....................... right arrow

33 1/3% support test—2021. If the organization did not check a box on line 13 or 16a, and line 15 is 33 1/3% or more, check this
box and stop here. The organization qualifies as a publicly supported organization ..................... right arrow

17a

10%-facts-and-circumstances test—2022. If the organization did not check a box on line 13, 16a, or 16b, and line 14 is 10% or more, and if the organization meets the "facts-and-circumstances" test, check this box and stop here. Explain in Part VI how the organization meets the "facts-and-circumstances" test. The organization qualifies as a publicly supported organization ............ right arrow

10%-facts-and-circumstances test—2021. If the organization did not check a box on line 13, 16a, 16b, or 17a, and line 15 is 10% or more, and if the organization meets the "facts-and-circumstances" test, check this box and stop here. Explain in Part VI how the organization meets the "facts-and-circumstances" test. The organization qualifies as a publicly supported organization ............ right arrow

Private foundation. If the organization did not check a box on line 13, 16a, 16b, 17a, or 17b, check this box and see
instructions ..................................................... right arrow

Schedule A (Form 990) 2022

Page 3

Part III

Support Schedule for Organizations Described in Section 509(a)(2)
(Complete only if you checked the box on line 10 of Part I or if the organization failed to qualify under Part II. If the organization fails to qualify under the tests listed below, please complete Part II.)

Section A. Public Support

Calendar year (or fiscal year beginning in)		(a) 2018	(b) 2019	(c) 2020	(d) 2021	(e) 2022	(f) Total
1	Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") .	3,559	7,505	83,871	49,868	55,215	200,018
2	Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose	681,691	730,149	226,383	232,211	549,533	2,419,967
3	Gross receipts from activities that are not an unrelated trade or business under section 513 .....
4	Tax revenues levied for the organization's benefit and either paid to or expended on its behalf...
5	The value of services or facilities furnished by a governmental unit to the organization without charge
6	Total. Add lines 1 through 5	685,250	737,654	310,254	282,079	604,748	2,619,985
7a	Amounts included on lines 1, 2, and 3 received from disqualified persons						0
b	Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year.						0
c	Add lines 7a and 7b..						0
8	Public support. (Subtract line 7c from line 6.)						2,619,985

Section B. Total Support

Calendar year (or fiscal year beginning in)		(a) 2018	(b) 2019	(c) 2020	(d) 2021	(e) 2022	(f) Total
9	Amounts from line 6...	685,250	737,654	310,254	282,079	604,748	2,619,985
10a	Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources..	3,647	4,775	1,673	877	5,859	16,831
b	Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975.
c	Add lines 10a and 10b.	3,647	4,775	1,673	877	5,859	16,831
11	Net income from unrelated business activities not included on line 10b, whether or not the business is regularly carried on.
12	Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) ..
13	Total support. (Add lines 9, 10c, 11, and 12.)..	688,897	742,429	311,927	282,956	610,607	2,636,816

First 5 years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501(c)(3) organization, check this box and stop here................................................. right arrow

Section C. Computation of Public Support Percentage

Public support percentage for 2022 (line 8, column (f) divided by line 13, column (f)) .........

99.360 %

Public support percentage from 2021 Schedule A, Part III, line 15 ...............

99.550 %

Section D. Computation of Investment Income Percentage

Investment income percentage for 2022 (line 10c, column (f) divided by line 13, column (f)) ......

0.640 %

Investment income percentage from 2021 Schedule A, Part III, line 17 .............

0.450 %

19a

33 1/3% support tests-2022. If the organization did not check the box on line 14, and line 15 is more than 33 1/3%, and line 17 is not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization ....... right arrow

33 1/3% support tests—2021. If the organization did not check a box on line 14 or line 19a, and line 16 is more than 33 1/3% and line 18 is not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization ..... right arrow

Private foundation. If the organization did not check a box on line 14, 19a, or 19b, check this box and see instructions .... right arrow

Schedule A (Form 990) 2022

Page 4

Part IV

Supporting Organizations

(Complete only if you checked a box on line 12 of Part I. If you checked box 12a, of Part I, complete Sections A and B. If you checked box 12b, of Part I, complete Sections A and C. If you checked box 12c, of Part I, complete Sections A, D, and E. If you checked box12d, of Part I, complete Sections A and D, and complete Part V.)

Section A. All Supporting Organizations

Yes

Are all of the organization’s supported organizations listed by name in the organization’s governing documents?
If "No," describe in Part VI how the supported organizations are designated. If designated by class or purpose,
describe the designation. If historic and continuing relationship, explain.

Did the organization have any supported organization that does not have an IRS determination of status under section 509(a)(1) or (2)? If "Yes," explain in Part VI how the organization determined that the supported organization was described in section 509(a)(1) or (2).

Did the organization have a supported organization described in section 501(c)(4), (5), or (6)? If "Yes," answer lines 3b and 3c below.

Did the organization confirm that each supported organization qualified under section 501(c)(4), (5), or (6) and satisfied the public support tests under section 509(a)(2)? If "Yes," describe in Part VI when and how the organization made the determination.

Did the organization ensure that all support to such organizations was used exclusively for section 170(c)(2)(B) purposes? If "Yes," explain in Part VI what controls the organization put in place to ensure such use.

Was any supported organization not organized in the United States ("foreign supported organization")? If “Yes” and if you checked box 12a or 12b in Part I, answer lines 4b and 4c below.

Did the organization have ultimate control and discretion in deciding whether to make grants to the foreign supported organization? If “Yes,” describe in Part VI how the organization had such control and discretion despite being controlled or supervised by or in connection with its supported organizations.

Did the organization support any foreign supported organization that does not have an IRS determination under sections 501(c)(3) and 509(a)(1) or (2)? If “Yes,” explain in Part VI what controls the organization used to ensure that all support to the foreign supported organization was used exclusively for section 170(c)(2)(B) purposes.

Did the organization add, substitute, or remove any supported organizations during the tax year? If “Yes,” answer lines 5b and 5c below (if applicable). Also, provide detail in Part VI, including (i) the names and EIN numbers of the supported organizations added, substituted, or removed; (ii) the reasons for each such action; (iii) the authority under the organization's organizing document authorizing such action; and (iv) how the action was accomplished (such as by amendment to the organizing document).

Type I or Type II only. Was any added or substituted supported organization part of a class already designated in the organization's organizing document?

Substitutions only. Was the substitution the result of an event beyond the organization's control?

Did the organization provide support (whether in the form of grants or the provision of services or facilities) to anyone other than (i) its supported organizations, (ii) individuals that are part of the charitable class benefited by one or more of its supported organizations, or (iii) other supporting organizations that also support or benefit one or more of the filing organization’s supported organizations? If “Yes,” provide detail in Part VI.

Did the organization provide a grant, loan, compensation, or other similar payment to a substantial contributor (defined in section 4958(c)(3)(C)), a family member of a substantial contributor, or a 35% controlled entity with regard to a substantial contributor? If “Yes,” complete Part I of Schedule L (Form 990) .

Did the organization make a loan to a disqualified person (as defined in section 4958) not described on line 7? If “Yes,” complete Part I of Schedule L (Form 990).

Was the organization controlled directly or indirectly at any time during the tax year by one or more disqualified persons, as defined in section 4946 (other than foundation managers and organizations described in section 509(a)(1) or (2))? If “Yes,” provide detail in Part VI.

Did one or more disqualified persons (as defined on line 9a) hold a controlling interest in any entity in which the supporting organization had an interest? If “Yes,” provide detail in Part VI.

Did a disqualified person (as defined on line 9a) have an ownership interest in, or derive any personal benefit from, assets in which the supporting organization also had an interest? If “Yes,” provide detail in Part VI.

10a

Was the organization subject to the excess business holdings rules of section 4943 because of section 4943(f) (regarding certain Type II supporting organizations, and all Type III non-functionally integrated supporting organizations)? If “Yes,” answer line 10b below.

10a

Did the organization have any excess business holdings in the tax year? (Use Schedule C, Form 4720, to determine whether the organization had excess business holdings).

10b

Schedule A (Form 990) 2022

Page 5

Part IV

Supporting Organizations (continued)

Yes

Has the organization accepted a gift or contribution from any of the following persons?

A person who directly or indirectly controls, either alone or together with persons described on lines 11b and 11c below, the governing body of a supported organization?

11a

A family member of a person described on 11a above?

11b

A 35% controlled entity of a person described on line 11a or 11b above? If “Yes” to 11a, 11b, or 11c, provide detail in Part VI.

11c

Section B. Type I Supporting Organizations

Yes

Did the officers, directors, trustees, or membership of one or more supported organizations have the power to regularly appoint or elect at least a majority of the organization’s directors or trustees at all times during the tax year? If “No,” describe in Part VI how the supported organization(s) effectively operated, supervised, or controlled the organization’s activities. If the organization had more than one supported organization, describe how the powers to appoint and/or remove directors or trustees were allocated among the supported organizations and what conditions or restrictions, if any, applied to such powers during the tax year.

Did the organization operate for the benefit of any supported organization other than the supported organization(s) that operated, supervised, or controlled the supporting organization? If “Yes,” explain in Part VI how providing such benefit carried out the purposes of the supported organization(s) that operated, supervised or controlled the supporting organization.

Section C. Type II Supporting Organizations

Yes

Were a majority of the organization’s directors or trustees during the tax year also a majority of the directors or trustees of each of the organization’s supported organization(s)? If “No,” describe in Part VI how control or management of the supporting organization was vested in the same persons that controlled or managed the supported organization(s).

Section D. All Type III Supporting Organizations

Yes

Did the organization provide to each of its supported organizations, by the last day of the fifth month of the organization’s tax year, (i) a written notice describing the type and amount of support provided during the prior tax year, (ii) a copy of the Form 990 that was most recently filed as of the date of notification, and (iii) copies of the organization’s governing documents in effect on the date of notification, to the extent not previously provided?

Were any of the organization’s officers, directors, or trustees either (i) appointed or elected by the supported organization(s) or (ii) serving on the governing body of a supported organization? If "No," explain in Part VI how the organization maintained a close and continuous working relationship with the supported organization(s).

By reason of the relationship described in line 2 above, did the organization’s supported organizations have a significant voice in the organization’s investment policies and in directing the use of the organization’s income or assets at all times during the tax year? If "Yes," describe in Part VI the role the organization’s supported organizations played in this regard.

Section E. Type III Functionally-Integrated Supporting Organizations

Check the box next to the method that the organization used to satisfy the Integral Part Test during the year (see instructions):

The organization satisfied the Activities Test. Complete line 2 below.

The organization is the parent of each of its supported organizations. Complete line 3 below.

The organization supported a governmental entity. Describe in Part VI how you supported a government entity (see instructions)

Activities Test. Answer lines 2a and 2b below.

Yes

Did substantially all of the organization’s activities during the tax year directly further the exempt purposes of the supported organization(s) to which the organization was responsive? If "Yes," then in Part VI identify those supported organizations and explain how these activities directly furthered their exempt purposes, how the organization was responsive to those supported organizations, and how the organization determined that these activities constituted substantially all of its activities.

Did the activities described on line 2a, above constitute activities that, but for the organization’s involvement, one or more of the organization’s supported organization(s) would have been engaged in? If "Yes," explain in Part VI the reasons for the organization’s position that its supported organization(s) would have engaged in these activities but for the organization’s involvement.

Parent of Supported Organizations. Answer lines 3a and 3b below.

Did the organization have the power to regularly appoint or elect a majority of the officers, directors, or trustees of each of the supported organizations?If "Yes" or "No", provide details in Part VI.

Did the organization exercise a substantial degree of direction over the policies, programs and activities of each of its supported organizations? If "Yes," describe in Part VI. the role played by the organization in this regard.

Schedule A (Form 990) 2022

Page 6

Part V

Type III Non-Functionally Integrated 509(a)(3) Supporting Organizations

Check here if the organization satisfied the Integral Part Test as a qualifying trust on Nov. 20, 1970 (explain in Part VI). See instructions. All other Type III non-functionally integrated supporting organizations must complete Sections A through E.

	Section A - Adjusted Net Income		(A) Prior Year	(B) Current Year (optional)
1	Net short-term capital gain	1
2	Recoveries of prior-year distributions	2
3	Other gross income (see instructions)	3
4	Add lines 1 through 3	4
5	Depreciation and depletion	5
6	Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions)	6
7	Other expenses (see instructions)	7
8	Adjusted Net Income (subtract lines 5, 6 and 7 from line 4)	8

	Section B - Minimum Asset Amount		(A) Prior Year	(B) Current Year (optional)
1	Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year):	1
a	Average monthly value of securities	1a
b	Average monthly cash balances	1b
c	Fair market value of other non-exempt-use assets	1c
d	Total (add lines 1a, 1b, and 1c)	1d
e	Discount claimed for blockage or other factors (explain in detail in Part VI):
2	Acquisition indebtedness applicable to non-exempt use assets	2
3	Subtract line 2 from line 1d	3
4	Cash deemed held for exempt use. Enter 0.015 of line 3 (for greater amount, see instructions).	4
5	Net value of non-exempt-use assets (subtract line 4 from line 3)	5
6	Multiply line 5 by 0.035	6
7	Recoveries of prior-year distributions	7
8	Minimum Asset Amount (add line 7 to line 6)	8

	Section C - Distributable Amount		Current Year
1	Adjusted net income for prior year (from Section A, line 8, Column A)	1
2	Enter 85% of line 1	2
3	Minimum asset amount for prior year (from Section B, line 8, Column A)	3
4	Enter greater of line 2 or line 3	4
5	Income tax imposed in prior year	5
6	Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions)	6

Check here if the current year is the organization's first as a non-functionally-integrated Type III supporting organization (see instructions)

Schedule A (Form 990) 2022

Page 7

Part V

Type III Non-Functionally Integrated 509(a)(3) Supporting Organizations(continued)

Section D - Distributions		Current Year
1 Amounts paid to supported organizations to accomplish exempt purposes	1
2 Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity	2
3 Administrative expenses paid to accomplish exempt purposes of supported organizations	3
4 Amounts paid to acquire exempt-use assets	4
5 Qualified set-aside amounts (prior IRS approval required - provide details in Part VI)	5
6 Other distributions (describe in Part VI). See instructions	6
7Total annual distributions. Add lines 1 through 6.	7
8 Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions	8
9 Distributable amount for 2022 from Section C, line 6	9
10 Line 8 amount divided by Line 9 amount	10

Section E - Distribution Allocations (see instructions)		(i) Excess Distributions	(ii) Underdistributions Pre-2022	(iii) Distributable Amount for 2022
1 Distributable amount for 2022 from Section C, line 6
2 Underdistributions, if any, for years prior to 2022 (reasonable cause required-- explain in Part VI). See instructions.
3 Excess distributions carryover, if any, to 2022:
a From 2017.......
b From 2018.......
c From 2019.......
d From 2020.......
e From 2021.......
fTotal of lines 3a through e
g Applied to underdistributions of prior years
h Applied to 2022 distributable amount
i Carryover from 2017 not applied (see instructions)
j Remainder. Subtract lines 3g, 3h, and 3i from line 3f.
4Distributions for 2022 from Section D, line 7:
$
a Applied to underdistributions of prior years
b Applied to 2022 distributable amount
c Remainder. Subtract lines 4a and 4b from line 4.
5 Remaining underdistributions for years prior to 2022, if any. Subtract lines 3g and 4a from line 2. If the amount is greater than zero, explain in Part VI. See instructions.
6 Remaining underdistributions for 2022. Subtract lines 3h and 4b from line 1. If the amount is greater than zero, explain in Part VI. See instructions.
7 Excess distributions carryover to 2023. Add lines 3j and 4c.
8 Breakdown of line 7:
a Excess from 2018.....
b Excess from 2019.....
c Excess from 2020.....
d Excess from 2021.....
e Excess from 2022.....

Schedule A (Form 990) (2022)

Schedule A (Form 990) 2022

Page 8

Part VI

Supplemental Information. Provide the explanations required by Part II, line 10; Part II, line 17a or 17b; Part III, line 12; Part IV, Section A, lines 1, 2, 3b, 3c, 4b, 4c, 5a, 6, 9a, 9b, 9c, 11a, 11b, and 11c; Part IV, Section B, lines 1 and 2; Part IV, Section C, line 1; Part IV, Section D, lines 2 and 3; Part IV, Section E, lines 1c, 2a, 2b, 3a and 3b; Part V, line 1; Part V, Section B, line 1e; Part V Section D, lines 5, 6, and 8; and Part V, Section E, lines 2, 5, and 6. Also complete this part for any additional information. (See instructions).

Facts And Circumstances Test

Return Reference	Explanation

Schedule A (Form 990) 2022

Additional Data

Software ID:
Software Version:

1(a) Name of disqualified person

(b) Relationship between disqualified person and organization

(d) Corrected?

Yes

(a) Name of interested person

(b) Relationship with organization

(d) Loan to or from the organization?

(e) Original principal amount

(f) Balance due

(g) In default?

(h) Approved by board or committee?

(i) Written agreement?

From

Yes

Total ............... Small Bullet

(a) Name of interested person

(b) Relationship between interested person and the organization

(d) Type of assistance

(e) Purpose of assistance

(a) Name of interested person

(b) Relationship between interested person and the organization

(d) Description of transaction

(e) Sharing of organization's revenues?

Yes

(1) COLIN P CRANE

FAMILY RELATIONSHIP; SON OF OFFICER SUSAN L. PATTERSON

63,264

COMPENSATION

- TIN:

SCHEDULE O
(Form 990)

Department of the Treasury
Internal Revenue Service

Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
MediumBullet

Attach to Form 990 or 990-EZ.
MediumBullet

Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2021

Open to Public
Inspection

Name of the organization

THE PULSERA PROJECT

Employer identification number

27-0500339

Return Reference	Explanation
FORM 990, PART III, LINE 4A, DESCRIPTION OF PROGRAM SERVICE:	IN 2022 THE PULSERA PROJECT CONTINUED TO FOCUS ON DEVELOPING OUR THREE CORE COMPONENTS: 1) EMPLOYING GUATEMALAN & NICARAGUAN PULSERA ARTISANS 2) EDUCATING U.S. STUDENTS THROUGH THE SALE OF PULSERAS 3) INVESTING PULSERA SALE PROCEEDS IN CENTRAL AMERICAN COMMUNITIES POST-COVID UPDATE 2022 WAS A TURNING POINT FOR THE PULSERA PROJECT AFTER TWO YEARS OF THE COVID-19 PANDEMIC AFFECTING ALMOST EVERY ASPECT OF THE PROJECT, THE VEIL BEGAN TO LIFT AND A NEW POST-COVID PROJECT BEGAN TO TAKE SHAPE. THE LAST YEAR WAS A PIVOTAL ONE FOR THE PROJECT, REPRESENTING NEW AND UNPRECEDENTED INVESTMENTS IN ALL COMPONENTS OF THE PROJECT. FOR THE FIRST TIME, WE ARE EMPLOYING OVER 200 ARTISANS, WE ADDED OVER A DOZEN NEW VIDEOS AND LESSONS TO THE EDUCATIONAL PROGRAM, AND WE FORGED PARTNERSHIPS WITH SOME INCREDIBLE NEW ORGANIZATIONS IN THE U.S. AND CENTRAL AMERICA. WE WANT TO HUMBLY THANK THE THOUSANDS OF TEACHERS, STUDENTS, AND VOLUNTEERS WHO HELPED TO SECURE A FUTURE FOR THE PROJECT WHEN THINGS LOOKED DARKEST. THE OUTPOURING OF SUPPORT WE RECEIVED OVER THE LAST FEW YEARS TRULY WAS THE ESSENTIAL KEY THAT KEPT THE PULSERA PROJECT SHIP SAILING THROUGH THE MURKY WATERS OF COVID. WE CANNOT STRESS ENOUGH HOW MUCH THAT SUPPORT MEANT TO EACH OF US AND THE VOLUNTEERS WHO WORK FOR THE PROJECT. SCHOOL COLLABORATIONS & EDUCATIONAL PROGRAM THE PULSERA PROJECT'S MISSION WOULD NOT BE POSSIBLE WITHOUT THE VOLUNTEER EFFORTS OF THOUSANDS OF TEACHERS AND STUDENTS ACROSS THE U.S. EACH YEAR, WHOSE PULSERA SALES CREATE MEANINGFUL EMPLOYMENT FOR ARTISANS IN CENTRAL AMERICA AND RAISE FUNDS THAT GENERATE IMPACT AND SUPPORT PROGRAMS IN GUATEMALA AND NICARAGUA, ALL WHILE LEARNING ABOUT SOCIAL IMPACT, SOLIDARITY, FAIR TRADE, AND GLOBAL CITIZENSHIP IN THE CLASSROOM. IN 2022, WE WERE FORTUNATE TO WORK WITH 405 SCHOOLS IN THE SPRING SEMESTER, AND 287 SCHOOLS IN THE FALL, REPRESENTING A TOTAL OF 692 PULSERA SALES, EACH ONE A LABOR OF LOVE BROUGHT TO LIFE BY THE ENTHUSIASM AND HARD WORK OF THE CLASSES, CLUBS, AND SCHOOL COMMUNITIES THAT DEDICATE THEIR TIME TO THE PROJECT. THIS WAS A SIGNIFICANT AND MEANINGFUL BOUNCE BACK FOR US, AFTER PARTNERING WITH 369 SCHOOLS IN 2021 DUE TO THE LINGERING EFFECTS OF COVID-19 ON THE PROJECT. IN TOTAL, THE PULSERA PROJECT HAS NOW COLLABORATED WITH 3,468 SCHOOLS, AND WITH THE HELP OF MANY MULTI-YEAR SCHOOL PARTNERSHIPS, 6,807 PULSERA PROJECT SCHOOL EVENTS HAVE BEEN HOSTED BY STUDENTS AND TEACHERS SINCE 2009. NEW DEVELOPMENTS AS SCHOOLS FILLED BACK UP WITH STUDENTS, THE PROJECT WENT THROUGH SOME IMPORTANT CHANGES. WE HIRED DOZENS OF NEW ARTISANS, BEGAN NEW SOCIAL IMPACT COLLABORATIONS, AND ADDED MORE MATERIALS TO THE EDUCATIONAL PROGRAM THAN ANY YEAR IN THE PROJECT'S HISTORY. WE ALSO MADE ONE OF THE MOST CHALLENGING DECISIONS IN THE PROJECT'S HISTORY, RAISING THE COST OF PULSERAS TO $7 AND BOLSITAS TO $15. THIS WAS THE FIRST PRICE CHANGE SINCE THE PULSERA PROJECT WAS FOUNDED IN 2009. AS INFLATION CONTINUED TO SPIKE IN THE U.S, IT HIT CENTRAL AMERICAN COUNTRIES EVEN HARDER, WHERE A SMALL INCREASE IN FOOD OR HOUSING COSTS CAN MEAN MAKING DIFFICULT DECISIONS FOR ONE'S FAMILY. IN LINE WITH OUR FAIR TRADE VALUES, WE RAISED THE COST WE PAY ARTISANS TO KEEP UP WITH THIS NEW REALITY. THOUGH WE KNEW THE DECISION WAS NECESSARY TO KEEP THE PROJECT VIABLE INTO THE FUTURE, WE ALSO RECOGNIZED THE IMPACT ON STUDENTS WHO ARE ALSO AFFECTED BY RISING PRICES. THE EDUCATIONAL PROGRAM SAW ITS LARGEST EXPANSION IN THE PROJECT'S HISTORY, INCLUDING NEW BELLRINGER ACTIVITIES, LESSONS ABOUT THE NEW "COLOR THE WORLD" VIDEO, AND MUCH MORE. WE ALSO MADE OUR EDUCATIONAL RESOURCES PUBLIC FOR THE FIRST TIME, INCREASING THE TRAFFIC TO OUR MATERIALS BY OVER 300%. MEANWHILE, WE EXPANDED OUR ONLINE CONVERSATIONS WITH CLASSES. ANY SCHOOL HOSTING PULSERA SALES CAN NOW SET UP VIRTUAL CHATS WITH SOCIAL IMPACT COORDINATOR JORGE MORALES OR PROJECT CO-FOUNDERS COLIN CRANE AND CHRIS HOWELL. NEW COLLABORATIONS THOUGH WE HAD PREVIOUSLY WORKED WITH THE NATIONAL SPANISH EXAM TO SPONSOR A SLOT ON OUR 2022 TEACHER TRIP, WE EXPANDED THAT PARTNERSHIP THROUGH THEIR PARENT ORGANIZATION, THE AMERICAN ASSOCIATION OF THE TEACHERS OF SPANISH AND PORTUGUESE (AATSP) THE LARGEST PROFESSIONAL SPANISH TEACHING ORGANIZATION IN THE COUNTRY. WE ARE HONORED TO BE WORKING WITH AATSP AND THEIR ORGANIZATIONS IN SCHOOLS SOCIEDAD HONORARIA HISPANICA AND SOCIEDAD HONORARIA DE AMISTAD. THIS YEAR, THE PROJECT WILL SPONSOR SEVERAL AWARDS FOR SPANISH HONORS SOCIETY CHAPTERS AS WE EXPAND OUR COMMITMENT TO EDUCATIONAL EXCELLENCE. WE ALSO WERE EXCITED TO ANNOUNCE A COLLABORATION WITH VISTA HIGHER LEARNING, A WORLD-CLASS EDUCATIONAL INSTRUCTION COMPANY THAT HAS GROWN IN LEAPS AND BOUNDS OVER THE LAST FEW YEARS BECAUSE OF THEIR INCREDIBLE DIGITAL RESOURCES AND CONTENT. WE ARE THRILLED TO ENTER 2023 IN PARTNERSHIPS WITH ALL OF THESE ORGANIZATIONS AS WE EXPAND OUR EDUCATIONAL REACH. A TURNING POINT IN CENTRAL AMERICA 2022 WAS A YEAR OF REBIRTH FOR CENTRAL AMERICAN OPERATIONS AS WE RESUMED AND IMPROVED ALL THE THINGS WE COULDN'T DO DURING THE PANDEMIC. IT WAS A FUN, WHIRLWIND OF A YEAR FOR OUR TEAM; FULL OF ADVENTURE AND MANY MEANINGFUL NEW RELATIONSHIPS. AFTER TWO YEARS OF VIRTUAL MEETINGS AND FEELING ESTRANGED, THE PAST 12 MONTHS WERE EXACTLY WHAT EVERYONE NEEDED. IT WAS ALSO A YEAR OF BIG TRANSITION. RATHER THAN REASSEMBLING A CENTRALIZED STAFF, AS WE WERE PRE-PANDEMIC, WE BUILT THE PROJECT AROUND THE STRONG LEADERSHIP OF ARTISAN LEADERS AND LOCAL COMMUNITY PARTNERS. OVER THE COURSE OF 2022, VETERAN ARTISANS: JAEL MADRIZ, GABY SILVA, AMANDA GUADAMUZ, ALBA ROSA MERCADO, BETZAYDA LOPEZ, AND YORLENY GARCIA GOT PASSPORTS AND HEADED TO GUATEMALA TO MEET AND TRAIN NEW ARTISAN GROUPS. FOR MOST OF THEM, THIS WAS THEIR FIRST TIME OUT OF THE COUNTRY, AND FOR ALL, THEIR FIRST TIME IN GUATEMALA. IT WAS A SPECIAL EXPERIENCE FOR NEW ARTISANS TO LEARN ABOUT THE PROJECT THROUGH THE EYES AND HEARTS OF FELLOW ARTISANS AND CENTRAL AMERICANS RATHER THAN STAFF AND FOUNDERS. MEANWHILE, OUR CENTRAL AMERICAN OPERATIONS TEAM - SKARLETTE, JORGE, AND EVAN - CREATED AND GUIDED OUR VISION WHILE HANDLING THE USUAL TASKS OF BUYING, PACKING, SHIPPING PULSERAS, LEADING TRIPS, RESEARCHING AND VETTING NEW GROUPS, STRUCTURING PARTNERSHIPS, OVERSEEING PROGRAMS AND DONATIONS, ETC. IT WAS A BIG YEAR, FULL OF LOTS OF MEANINGFUL WORK. THE ARTISANS OF NICARAGUA & GUATEMALA THIS PAST YEAR WAS THE BIGGEST AND FASTEST EXPANSION IN THE PROJECT'S HISTORY. PANDEMIC SCHOOL CLOSURES AND LACK OF PULSERA SALES HAD RESULTED IN SCALING DOWN TO JUST 12 ARTISANS, BUT WHEN SCHOOL SALES PICKED BACK UP IN FALL OF 2021 WE HAD THE TASK TO REBUILD AT AN UNPRECEDENTED PACE. IN 2022 WE WENT FROM 12 TO AN ASTONISHING 205 ARTISANS. COMBINED, THEY ARE CURRENTLY PRODUCING 20K PULSERAS A MONTH, MORE THAN EVEN PRE-PANDEMIC LEVELS. IT'S NO QUICK PROCESS TO FIND AND NURTURE RELATIONSHIPS WITH 200 ARTISANS. WEAVERS ABOUND IN GUATEMALA, BUT FEW ALREADY MAKE PULSERAS, AND WE AIM TO WORK WITH GROUPS THAT ALREADY HAVE A SOCIAL IMPACT COMPONENT. TO FIND THESE GROUPS WE SUMMON RECOMMENDATIONS, CHAT WITH COMMUNITY LEADERS, SCOUR THE WEB, AND TOUR LOCAL HANDICRAFT MARKETS. WE VET GROUPS THOUGH VIRTUAL MEETINGS AND SELECT THE MOST PROMISING TO VISIT WITH IN PERSON. IF THE GROUP'S VALUES AND LEADERSHIP MESH WELL WITH OURS, WE PLACE SAMPLE ORDERS AND ACCOMPANY THEM IN HONING THEIR SKILLS. THE FINAL AND MOST REWARDING STEPS ARE GETTING TO KNOW THE INDIVIDUAL ARTISANS ON A PERSONAL LEVEL, TEACHING THEM ABOUT THE PROJECT, EXPLAINING THE JOURNEY OF THEIR PULSERAS, AND CONNECTING THEM WITH U.S. EDUCATORS AND STUDENTS THROUGH TEACHER TRIPS, VIDEOS, AND THE ARTISAN WEBSITE. IT'S CHALLENGING TO QUANTIFY 205 ARTISANS. ONE WAY IS SEEING 205 ARTISANS AS 205 HOUSEHOLDS OR 21 LOCAL COMMUNITIES, CO-OPS AND ORGANIZATIONS THAT WE PARTNER WITH. THAT'S HOW WE'VE COME TO SEE AND UNDERSTAND IT AS A BROAD INTERCONNECTEDNESS THAT WE MUTUALLY CONTRIBUTE TO AND BENEFIT FROM. IN ECONOMIC TERMS, PULSERA SALES TRANSLATED INTO $230,987 SPENT IN ARTISAN PAYMENTS AND ANOTHER $18,948 IN TRAINING AND DEVELOPMENT IN ORDER TO BUY 113,500 PULSERAS. THAT'S VITAL INCOME THAT WENT TO SUPPORTING ARTISANS AND THEIR FAMILIES, WHICH TOTAL OVER A THOUSAND PEOPLE. AN EQUALLY IMPORTANT FIGURE IS THAT BY RAISING THE SALES PRICE TO $7 PER PULSERA IN 2022, WE CAN MEET THE CHANGING ECONOMIC SITUATIONS AS INFLATION HITS CENTRAL AMERICA AS WELL, MAINTAINING OUR COMMITMENTS TO PAYING ABOVE FAIR TRADE MARKET WAGES.
FORM 990, PART III, LINE 4A, DESCRIPTION OF PROGRAM SERVICE CONTINUED:	U.S. PULSERA SALES IN 2022 IN 2022 TEACHERS AND STUDENT VOLUNTEERS RAISED $789,595 THROUGH PULSERA SALES IN 692 SCHOOLS, SOME SELLING FOR THE 13TH TIME, WHILE WE WELCOMED 211 SCHOOLS THAT HOSTED PULSERA EVENTS FOR THE FIRST TIME. WE APPRECIATE EACH STUDENT, TEACHER, AND VOLUNTEER WHO HELPED ALONG THE WAY. FROM THE MONEY RAISED BY SCHOOLS, THE PULSERA PROJECT SEEKS TO INVEST EQUALLY IN OUR THREE COMPONENTS ARTISAN EMPLOYMENT, IMPACT INVESTMENT, AND THE U.S. SERVICE-LEARNING EDUCATIONAL PROGRAM. THIS YEAR WE MADE SUBSTANTIAL INVESTMENTS IN EACH, ESPECIALLY IN THE OFTEN ARDUOUS BUT NECESSARY TASK OF FOSTERING NEW RELATIONSHIPS AND MAKING NEW CONNECTIONS. IN 2022 THE PROJECT INVESTED $415,276 IN OUR EMPLOYMENT AND IMPACT PROGRAMS IN CENTRAL AMERICA. THE $100,043 SPENT TOWARD IMPACT INVESTMENTS IN 2022 INCLUDED $80,043 IN GRANTS TO SUPPORT LONGTIME PROJECT ALLIES AS WELL AS MANY NEW EMERGING PARTNERSHIPS. GROUPS SUPPORTED - ADISA, AJ QUEN, ARTEXCO, ASOGEN, ASOMUJERDI, COJOLYA, IMAP, LA ESPERANZA GRANADA, RAIZ CHE, WARICHA. IN ADDITION, WE PROVIDED A $20,000 2-YEAR INVESTMENT IN THE MEDIA DEVELOPMENT INVESTMENT FUND, WHICH SUPPORTS FREE PRESS INITIATIVES WORLDWIDE, INCLUDING IN GUATEMALA. ADELANTE IN 2023 AS WE LOOK TOWARDS 2023, WE ARE FILLED WITH PROFOUND HUMILITY AND GRATITUDE TO EVERY TEACHER, STUDENT, AND VOLUNTEER WHO CONTRIBUTED TO THE PROJECT OVER THE LAST YEAR. WE ALL DEALT WITH UNPRECEDENTED UNCERTAINTY OVER THE LAST FEW YEARS, BUT EVEN THROUGH THE DARKEST DAYS IT WAS THE BONDS THAT CONNECTED US THAT KEPT US GOING. WE'VE ALWAYS KNOWN THAT THE HEART OF THE PULSERA PROJECT ISN'T THE BRACELETS, THE VIDEOS, OR EVEN THE SALES, BUT THE AMAZING NETWORK OF ARTISANS, STUDENTS, TEACHERS, ACTIVISTS, AND VOLUNTEERS THAT HAS BROUGHT PEOPLE TOGETHER ACROSS BORDERS, CULTURAL DIVIDES, AND THOUSANDS OF MILES. THIS WAS PROVEN ESPECIALLY TRUE IN 2022, AS WE WORKED TO STITCH THE PROJECT BACK TOGETHER IN A NEW AND IMPROVED FORM. OUR DREAMS FOR THE FUTURE REMAIN LARGE DESPITE THE SETBACKS WE HOPE TO DEVELOP CLOSER RELATIONSHIPS WITH OUR OVER 200 ARTISTS IN THE COMING YEAR, CONTINUE OUR TEACHER TRIPS, AND COLLABORATE MORE, ALWAYS WORKING TOWARDS THE BRIGHTER AND MORE JUST WORLD THAT WE ALL STRIVE TO BE A PART OF. THE LAST FEW YEARS ROCKED THE PROJECT TO ITS FOUNDATIONS, AND DESPITE THE LOSSES, IT ALSO GAVE US THE OPPORTUNITY TO EXAMINE THOSE FOUNDATIONS AND ENSURE THEY ARE STRONG, STABLE, AND READY TO WEATHER WHATEVER THE FUTURE HOLDS. WE'RE GRATEFUL TO THE THOUSANDS WHO HAVE HELPED START BUILDING BACK, AND ARE EAGER TO WORK WITH NEW PARTNERS AND ALLIES IN THE YEARS AHEAD. TO QUOTE PATRIK MUCIA FROM IMAP (ONE OF OUR PARTNER ORGANIZATIONS), "WE HAVE PLANTED THE SEEDS AND ARE STARTING TO SEE THE FIRST FRUITS OF THOSE SEEDS, SO WHY NOT PLANT MORE? WHY NOT GROW MORE?" WE CANNOT WAIT TO KEEP GROWING, LEARNING, AND PLANTING NEW SEEDS TOGETHER AS WE MOVE INTO THE FUTURE. A FINAL NOTE A MORE IN-DEPTH OVERVIEW OF OUR 2022 PROGRAM ACCOMPLISHMENTS CAN BE FOUND AS PART OF OUR ANNUAL YEAR-END REVIEW AT HTTPS://WWW.PULSERAPROJECT.ORG/YEARENDREVIEW2022
FORM 990, PART VI, SECTION B, LINE 11B	EACH OFFICER REVIEWS THE FORM 990 INDIVIDUALLY, THEN COMMENTS OR ASKS QUESTIONS PRIOR TO FILING.
FORM 990, PART VI, SECTION B, LINE 11B	THE 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM.
FORM 990, PART VI, SECTION B, LINE 12C	ALL BOARD MEMBERS ARE COVERED UNDER THE POLICY. BOARD MEMBERS ARE REQUIRED TO REPORT ANY CONFLICT OR POTENTIAL CONFLICT. DETERMINATION AND REVIEW OF ANY CONFLICT NOT REPORTED IS MADE BY THE FULL BOARD. BOARD MEMBERS WITH CONFLICT ARE REQUIRED TO RECUSE THEMSELVES FROM DISCUSSION/VOTING ON THAT MATTER.
FORM 990, PART VI, SECTION C, LINE 19	GOVERNING DOCUMENTS AND THE CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST.

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990) 2021

Additional Data

Software ID:
Software Version:

1	Briefly describe the organization’s mission or most significant activities: CREATE A MORE JUST COLORFUL WORLD VIA EDUCATION/EMPOWERMENT OF CENTRAL AMERICANS/U.S. STUDENTS.
2	Check this box
3	Number of voting members of the governing body (Part VI, line 1a) ........	3	3
4	Number of independent voting members of the governing body (Part VI, line 1b) .....	4	3
5	Total number of individuals employed in calendar year 2021 (Part V, line 2a) ......	5	4
6	Total number of volunteers (estimate if necessary) .............	6	12,000
7a	Total unrelated business revenue from Part VIII, column (C), line 12 ........	7a	0
b	Net unrelated business taxable income from Form 990-T, Part I, line 11 .........	7b	0

		Prior Year	Current Year
8	Contributions and grants (Part VIII, line 1h) .........	49,868	55,215
9	Program service revenue (Part VIII, line 2g) .........	0	0
10	Investment income (Part VIII, column (A), lines 3, 4, and 7d ) ....	877	5,859
11	Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e)	232,211	549,533
12	Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)	282,956	610,607
13	Grants and similar amounts paid (Part IX, column (A), lines 1–3 )...	9,183	80,043
14	Benefits paid to or for members (Part IX, column (A), line 4).....	0	0
15	Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10)	173,944	254,516
16a	Professional fundraising fees (Part IX, column (A), line 11e) .....	0	0
b	Total fundraising expenses (Part IX, column (D), line 25) 0
17	Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e)....	114,753	208,976
18	Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25)	297,880	543,535
19	Revenue less expenses. Subtract line 18 from line 12.......	-14,924	67,072
		Beginning of Current Year	End of Year
20	Total assets (Part X, line 16).............	767,750	834,822
21	Total liabilities (Part X, line 26).............	150,000	150,000
22	Net assets or fund balances. Subtract line 21 from line 20.....	617,750	684,822

Sign Here

	Signature of officer	Date

	Type or print name and title


4a	(Code: ) (Expenses $ 533,010 including grants of $ 80,043 ) (Revenue $ 549,533 )
	THE PULSERA PROJECT'S NON-PROFIT SOCIAL ENTERPRISE MODEL IS UNIQUE BECAUSE IT ENRICHES LIVES BOTH IN THE U.S. AND ABROAD BY WEAVING PULSERA SALES INTO AN EDUCATIONAL PROGRAM. WE SELL PULSERAS TO PROVIDE OPPORTUNITIES FOR CENTRAL AMERICANS, BUT WE DO SO WHILE EDUCATING THOUSANDS OF U.S. STUDENTS ABOUT FAIR TRADE, CENTRAL AMERICAN CULTURE, AND A RANGE OF SOCIAL IMPACT INITIATIVES. WE ENCOURAGE STUDENTS TO OPEN THEIR HEARTS TO CARE ABOUT OTHERS, BUT WE ALSO ENCOURAGE STUDENTS TO OPEN THEIR MINDS TO THE AMAZING DIVERSITY OF IDEAS AND PERSPECTIVES IN OUR WORLD. THIS WIN-WIN MODEL IS THE MAGIC OF THE PULSERA PROJECT.- SEE SCHEDULE O FOR CONTINUATION -

4b	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )












4c	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )












4d	Other program services (Describe in Schedule O.)
	(Expenses $ including grants of $ ) (Revenue $ )
4e	Total program service expenses533,010

1b	Sub-Total................
c	Total from continuation sheets to Part VII, Section A....
d	Total (add lines 1b and 1c)...........	0	0	0

(A) Name and business address	(B) Description of services	(C) Compensation





2 Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization 0

1a	Federated campaigns..		1a
b	Membership dues..		1b
c	Fundraising events..		1c
d	Related organizations		1d
e	Government grants (contributions)		1e	53,700

f	All other contributions, gifts, grants, and similar amounts not included above		1f	1,515

g	Noncash contributions included in lines 1a - 1f:$		1g

h Total. Add lines 1a-1f.......		55,215

		Business Code
2a
b
c
d
e
f	All other program service revenue.
g	Total. Add lines 2a–2f .....

3 Investment income (including dividends, interest, and othersimilar amounts) ......			5,859			5,859
4 Income from investment of tax-exempt bond proceeds
5 Royalties...........
		(ii) Personal	(i) Real
6a	Gross rents			6a
b	Less: rental expenses			6b
c	Rental income or (loss)			6c
d	Net rental income or (loss).......
		(ii) Other	(i) Securities
7a	Gross amount from sales of assets other than inventory			7a
b	Less: cost or other basis and sales expenses			7b
c	Gain or (loss)			7c
d	Net gain or (loss).........
8a	Gross income from fundraising events (not including $ of contributions reported on line 1c). See Part IV, line 18 ....
			8a
b	Less: direct expenses ...		8b
c	Net income or (loss) from fundraising events..
9a	Gross income from gaming activities. See Part IV, line 19 ...
			9a
b	Less: direct expenses ...		9b
c	Net income or (loss) from gaming activities..
10a	Gross sales of inventory, less returns and allowances ..
			10a	789,595
b	Less: cost of goods sold ..		10b	240,062
c	Net income or (loss) from sales of inventory..			549,533	549,533
Business Code			Miscellaneous Revenue
11a
b
c
d	All other revenue ....
e	Total. Add lines 11a–11d ......
12	Total revenue. See instructions.....			610,607	549,533	0	5,859

1	Grants and other assistance to domestic organizations and domestic governments. See Part IV, line 21 ....
2	Grants and other assistance to domestic individuals. See Part IV, line 22 ...........
3	Grants and other assistance to foreign organizations, foreign governments, and foreign individuals. See Part IV, lines 15 and 16. .............	80,043	80,043
4	Benefits paid to or for members .......
5	Compensation of current officers, directors, trustees, and key employees ...........
6	Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) .........
7	Other salaries and wages........	233,087	233,087
8	Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) ....	5,530	5,530
9	Other employee benefits .......
10	Payroll taxes ...........	15,899	15,899
11	Fees for services (non-employees):
a	Management ......
b	Legal .........	1,300		1,300
c	Accounting ...........	2,468		2,468
d	Lobbying ...........
e	Professional fundraising services. See Part IV, line 17
f	Investment management fees ......
g	Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O)	39,512	32,755	6,757
12	Advertising and promotion ....	5,936	5,936
13	Office expenses .......	42,072	42,072
14	Information technology ......	14,443	14,443
15	Royalties ..
16	Occupancy ...........	24,095	24,095
17	Travel ............	27,846	27,846
18	Payments of travel or entertainment expenses for any federal, state, or local public officials .
19	Conferences, conventions, and meetings ....	6,940	6,940
20	Interest ...........	3,205	3,205
21	Payments to affiliates .......
22	Depreciation, depletion, and amortization ..
23	Insurance ...	2,918	2,918
24	Other expenses. Itemize expenses not covered above (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule O.)
a	ARTISAN TRAINING WORKSH	18,948	18,948
b	TEACHER TRIPS	10,237	10,237
c	PRODUCE EDUCCONTENT MAT	3,219	3,219
d	FTF DUES	837	837
e	All other expenses	5,000	5,000
25	Total functional expenses. Add lines 1 through 24e	543,535	533,010	10,525	0
26	Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation. Check here if following SOP 98-2 (ASC 958-720).

1	Cash–non-interest-bearing ........		245	1	389
2	Savings and temporary cash investments .........		381,314	2	453,815
3	Pledges and grants receivable, net ......			3
4	Accounts receivable, net .............			4
5	Loans and other receivables from any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .......
				5
6	Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), and persons described in section 4958(c)(3)(B) ...
				6
7	Notes and loans receivable, net ...........		31,000	7	33,000
8	Inventories for sale or use ............		355,191	8	347,618
9	Prepaid expenses and deferred charges ......			9
10a	Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D	10a
b	Less: accumulated depreciation	10b		10c
11	Investments—publicly traded securities .			11
12	Investments—other securities. See Part IV, line 11 .....			12
13	Investments—program-related. See Part IV, line 11 ..			13
14	Intangible assets ...............			14
15	Other assets. See Part IV, line 11 ...........			15
16	Total assets. Add lines 1 through 15 (must equal line 33)...		767,750	16	834,822

17	Accounts payable and accrued expenses .....		17
18	Grants payable ...		18
19	Deferred revenue .........		19
20	Tax-exempt bond liabilities .........		20
21	Escrow or custodial account liability. Complete Part IV of Schedule D		21
22	Loans and other payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .........
			22
23	Secured mortgages and notes payable to unrelated third parties ..		23
24	Unsecured notes and loans payable to unrelated third parties ..	150,000	24	150,000
25	Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17 - 24). Complete Part X of Schedule D		25
26	Total liabilities. Add lines 17 through 25..	150,000	26	150,000

	Organizations that follow FASB ASC 958, check here and complete lines 27, 28, 32, and 33.
27	Net assets without donor restrictions ..........	617,750	27	684,822
28	Net assets with donor restrictions ...........		28
	Organizations that do not follow FASB ASC 958, check here and complete lines 29 through 33.
29	Capital stock or trust principal, or current funds .....		29
30	Paid-in or capital surplus, or land, building or equipment fund ...		30
31	Retained earnings, endowment, accumulated income, or other funds		31
32	Total net assets or fund balances ...........	617,750	32	684,822
33	Total liabilities and net assets/fund balances ........	767,750	33	834,822

Name of organization THE PULSERA PROJECT

Part I Contributors	Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
RESTRICTED	,	$ RESTRICTED	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990) (2022)

Name of organization THE PULSERA PROJECT		Employer identification number 27-0500339

Part II	Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
Schedule B (Form 990) (2022)


Name of organization THE PULSERA PROJECT			Employer identification number 27-0500339
Part III Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $ Use duplicate copies of Part III if additional space is needed.

(a) Region		(b) Number of offices in the region	(c) Number of employees, agents, and independent contractors in the region	(d) Activities conducted in region (by type) (such as, fundraising, program services, investments, grants to recipients located in the region)	(e) If activity listed in (d) is a program service, describe specific type of service(s) in the region	(f) Total expenditures for and investments in the region
	CENTRAL AMERICA AND THE CARIBBEAN	0	1	PROGRAM SERVICES	WE BUY BRACELETS AND BAGS FROM ARTISANS IN NICARAGUA AND GUATEMALA, PROVIDING EMPLOYMENT.	335,233
	CENTRAL AMERICA AND THE CARIBBEAN	0	1	GRANTS TO RECIPIENTS	WE FUND SCHOLARSHIPS AND COMMUNITY DEVELOPMENT PROJECTS IN NICARAGUA AND GUATEMALA.	80,043















3a	Sub-total ....	0	2			415,276
b	Total from continuation sheets to Part I ...	0	0			0
c	Totals (add lines 3a and 3b)	0	2			415,276

(c) Region	(d) Purpose of grant	(e) Amount of cash grant	(f) Manner of cash disbursement	(g) Amount of noncash assistance
CENTRAL AMERICA AND THE CARIBBEAN	DISABILITY ADVOCACY AND SUPPORT PROGRAM	8,045	CASH	0
CENTRAL AMERICA AND THE CARIBBEAN	ARTISAN COOPERATIVE SUPPORT PROGRAMS	9,228	CASH	0
CENTRAL AMERICA AND THE CARIBBEAN	ARTISAN COOPERATIVE SUPPORT PROGRAMS	6,697	CASH	0
CENTRAL AMERICA AND THE CARIBBEAN	WOMEN'S COMMUNITY AND RADIO PROGRAMS	7,349	CASH	0
CENTRAL AMERICA AND THE CARIBBEAN	ARTISAN COOPERATIVE SUPPORT PROGRAMS	9,090	CASH	0
CENTRAL AMERICA AND THE CARIBBEAN	EDUCATIONAL AND SUSTAINABLE AGRICULTURE PROGRAMS	8,731	CASH	0
CENTRAL AMERICA AND THE CARIBBEAN	EDUCATIONAL AND SCHOLARSHIP PROGRAMS	12,065	CASH	0
CENTRAL AMERICA AND THE CARIBBEAN	YOUTH HEALTH AND WELL-BEING EDUCATION PROGRAMS	6,451	CASH	0

2	Enter total number of recipient organizations listed above that are recognized as charities by the foreign country, recognized as tax-exempt by the IRS, or for which the grantee or counsel has provided a section 501(c)(3) equivalency letter .......	5
3	Enter total number of other organizations or entities .......................	3

	(b) Region	(c) Number of recipients	(d) Amount of cash grant	(e) Manner of cash disbursement
ARTISAN LEADERSHIP/EXPERIENTIAL LEARNING/COMMUNITY BUILDING/EMERGENCY ASSISTANCE	CENTRAL AMERICA AND THE CARIBBEAN	40	5,240	CASH

1	Was the organization a U.S. transferor of property to a foreign corporation during the tax year? If "Yes," the organization may be required to file Form 926, Return by a U.S. Transferor of Property to a Foreign Corporation (see Instructions for Form 926). . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	Yes	No
2	Did the organization have an interest in a foreign trust during the tax year? If "Yes," the organization may be required to separately file Form 3520, Annual Return to Report Transactions with Foreign Trusts and Receipt of Certain Foreign Gifts, and/or Form 3520-A, Annual Information Return of Foreign Trust With a U.S. Owner (see Instructions for Forms 3520 and 3520-A; don't file with Form 990). . . . . . . . . . . . . . . . . . . . . . . .	Yes	No
3	Did the organization have an ownership interest in a foreign corporation during the tax year? If "Yes," the organization may be required to file Form 5471, Information Return of U.S. Persons with Respect to Certain Foreign Corporations. (see Instructions for Form 5471). . . . . . . . . . . . . . . . . . . . . . . . . . . .	Yes	No
4	Was the organization a direct or indirect shareholder of a passive foreign investment company or a qualified electing fund during the tax year? If “Yes,” the organization may be required to file Form 8621, Information Return by a Shareholder of a Passive Foreign Investment Company or Qualified Electing Fund. (see Instructions for Form 8621) .	Yes	No
5	Did the organization have an ownership interest in a foreign partnership during the tax year? If "Yes," the organization may be required to file Form 8865, Return of U.S. Persons with Respect to Certain Foreign Partnerships (see Instructions for Form 8865). . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	Yes	No
6	Did the organization have any operations in or related to any boycotting countries during the tax year? If "Yes," the organization may be required to separately file Form 5713, International Boycott Report (see Instructions for Form 5713; don't file with Form 990).. . . . . . . . . . . . . . . . . . . . . . . . . . . .	Yes	No

ReturnReference	Explanation
PART I, LINE 2:	WE REQUIRE ORGANIZATIONS TO SPEND FUNDS AS PER OUR INSTRUCTIONS. IN MANY CASES, OUR REGIONAL DIRECTOR IS PRESENT WHEN FUNDS ARE SPENT. WHEN ONE OF US IS NOT PRESENT, WE REQUIRE RECEIPTS AND THE BOARD AND OUR REGIONAL DIRECTOR PERSONALLY VERIFY THAT THOSE RECEIPTS MATCH THE EXPENDITURE. DURING MULTIPLE TRIPS PER YEAR, WE VISIT WITH GRANT RECIPIENTS, REVIEW BOOKS, MEET WITH THE GROUP LEADERS. IF THE EXPENDITURE IS FOR SOMETHING PHYSICAL, LIKE CONSTRUCTION, WE REQUIRE ESTIMATES AHEAD OF TIME, AND THAT WE CAN SEE THE ACTUAL FINISHED PROJECT AND COMPARE TO RECEIPTS. IF THE EXPENDITURE IS FOR SOMETHING LIKE SCHOLARSHIPS, WE REQUIRE TRANSCRIPTS, CERTIFICATES, OR THE EQUIVALENT.
PART III ACCOUNTING METHOD:

1(a) Name of disqualified person	(c) Description of transaction	(d) Corrected?
1(a) Name of disqualified person	(c) Description of transaction	Yes	No

(a) Name of interested person	(b) Relationship with organization	(c) Purpose of loan	(d) Loan to or from the organization?		(e) Original principal amount	(f) Balance due	(g) In default?		(h) Approved by board or committee?		(i) Written agreement?
(a) Name of interested person	(b) Relationship with organization	(c) Purpose of loan	To	From	(e) Original principal amount	(f) Balance due	Yes	No	Yes	No	Yes	No






Total ............... $

(a) Name of interested person	(b) Relationship between interested person and the organization	(c) Amount of transaction	(d) Description of transaction	(e) Sharing of organization's revenues?
(a) Name of interested person		(c) Amount of transaction	(d) Description of transaction	Yes	No
(1) COLIN P CRANE	FAMILY RELATIONSHIP; SON OF OFFICER SUSAN L. PATTERSON	63,264	COMPENSATION		No