Attach to Form 990 or Form 990-EZ.
Go to
www.irs.gov/Form990 for instructions and the latest information.
| (i) Name of supported organization | (ii) EIN | (iii) Type of organization (described on lines 1- 10 above (see instructions)) | (iv) Is the organization listed in your governing document? | (v) Amount of monetary support (see instructions) | (vi) Amount of other support (see instructions) | |
|---|---|---|---|---|---|---|
| Yes | No | |||||
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Total |
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Calendar year
(or fiscal year beginning in)
![]() |
(a) 2019 | (b) 2020 | (c) 2021 | (d) 2022 | (e) 2023 | (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. | ||||||
Calendar year
(or fiscal year beginning in)
![]() |
(a) 2019 | (b) 2020 | (c) 2021 | (d) 2022 | (e) 2023 | (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 | ||||||
Calendar year (or fiscal
year beginning in) ![]() |
(a) 2019 | (b) 2020 | (c) 2021 | (d) 2022 | (e) 2023 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") . | 7,505 | 83,871 | 49,868 | 55,215 | 45 | 196,504 |
| 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 | 730,149 | 226,383 | 232,211 | 549,533 | 420,424 | 2,158,700 |
| 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 | 737,654 | 310,254 | 282,079 | 604,748 | 420,469 | 2,355,204 |
| 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.) | 2,355,204 | |||||
Calendar year
(or fiscal year beginning in)
![]() |
(a) 2019 | (b) 2020 | (c) 2021 | (d) 2022 | (e) 2023 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 9 | Amounts from line 6... | 737,654 | 310,254 | 282,079 | 604,748 | 420,469 | 2,355,204 |
| 10a | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources.. | 4,775 | 1,673 | 877 | 5,859 | 5,325 | 18,509 |
| b | Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975. | ||||||
| c | Add lines 10a and 10b. | 4,775 | 1,673 | 877 | 5,859 | 5,325 | 18,509 |
| 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.).. | 742,429 | 311,927 | 282,956 | 610,607 | 425,794 | 2,373,713 |
| Section A - Adjusted Net Income | (A) Prior Year |
(B) Current Year (optional) |
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| 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) |
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| 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): |
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| 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 | ||||
| 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 2023 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-2023 |
(iii) Distributable Amount for 2023 |
|
|---|---|---|---|---|
| 1 Distributable amount for 2023 from Section C, line 6 | ||||
|
2
Underdistributions, if any, for years prior to 2023 (reasonable cause required-- explain in Part VI).
See instructions. |
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| 3 Excess distributions carryover, if any, to 2023: | ||||
| a From 2018....... | ||||
| b From 2019....... | ||||
| c From 2020....... | ||||
| d From 2021....... | ||||
| e From 2022....... | ||||
| fTotal of lines 3a through e | ||||
| g Applied to underdistributions of prior years | ||||
| h Applied to 2023 distributable amount | ||||
|
i
Carryover from 2018 not applied (see instructions) |
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| j Remainder. Subtract lines 3g, 3h, and 3i from line 3f. | ||||
| 4Distributions for 2023 from Section D, line 7: | ||||
| $ | ||||
| a Applied to underdistributions of prior years | ||||
| b Applied to 2023 distributable amount | ||||
| c Remainder. Subtract lines 4a and 4b from line 4. | ||||
|
5
Remaining underdistributions for years prior to 2023, if any. Subtract lines 3g and 4a from line 2. If the amount is greater than zero, explain in Part VI. See instructions. |
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|
6
Remaining underdistributions for 2023. Subtract lines 3h and 4b from line 1. If the amount is greater than zero, explain in Part VI. See instructions. |
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7 Excess distributions carryover to 2024. Add lines 3j and 4c. |
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| 8 Breakdown of line 7: | ||||
| a Excess from 2019..... | ||||
| b Excess from 2020..... | ||||
| c Excess from 2021..... | ||||
| d Excess from 2022..... | ||||
| e Excess from 2023..... | ||||
| Facts And Circumstances Test |
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| Return Reference | Explanation |
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| Software ID: | |
| Software Version: |
| Return Reference | Explanation |
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| FORM 990, PART III, LINE 4A, DESCRIPTION OF PROGRAM SERVICE: | THE PULSERA PROJECT HAS CHANGED OUR FISCAL YEAR IN 2023 TO END JUNE 30 RATHER THAN DECEMBER 31 IN ORDER TO FOLLOW THE SCHOOL YEAR RATHER THAN THE CALENDAR YEAR. THIS CHANGE BETTER REFLECTS THE FACT THAT MOST OF OUR INCOME & INVESTMENTS ARE THOUGHT ABOUT IN TERMS OF SCHOOL SEMESTERS RATHER THAN A CALENDAR YEAR. THIS WRITE-UP REFLECTS PROGRAM SERVICE ACCOMPLISHMENTS IN THE FIRST HALF OF 2023. OUR NEXT YEAR-END REVIEW AND 990 WILL BE SUBMITTED AFTER JUNE 30, 2024, WHEN OUR FIRST FULL YEAR ON THE NEW FISCAL YEAR TIMELINE ENDS. IN 2023, 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 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. OUR CATALOG OF CURRICULUM MATERIALS CONTINUED TO BE A VITAL RESOURCE FOR SPANISH TEACHERS WHO LOOK TO THE PULSERA PROJECT TO EXPAND THE EDUCATIONAL RESOURCES AVAILABLE TO THEIR STUDENTS. IN THE FIRST HALF OF 2023, WE WERE FORTUNATE TO WORK WITH 481 SCHOOLS HOSTING PULSERA SALES ACROSS THE COUNTRY, SOME HAVING HOSTED SALES MORE THAN 10 TIMES SINCE THE BEGINNING OF THE PROJECT, WHILE WE WELCOMED 157 SCHOOLS HOSTING PULSERA EVENTS FOR THE FIRST TIME. EACH EVENT WAS BROUGHT TO LIFE BY THE ENTHUSIASM AND HARD WORK OF THE CLASSES, CLUBS, AND SCHOOL COMMUNITIES THAT DEDICATED THEIR TIME TO THE PROJECT. WE APPRECIATE EACH STUDENT, TEACHER, AND VOLUNTEER WHO HELPED ALONG THE WAY. IN TOTAL, THE PULSERA PROJECT HAS NOW COLLABORATED WITH 3,628 SCHOOLS, AND WITH THE HELP OF MANY MULTI-YEAR SCHOOL PARTNERSHIPS, 7,288 PULSERA PROJECT SCHOOL EVENTS HAVE BEEN HOSTED BY STUDENTS AND TEACHERS SINCE 2009. EDUCATIONAL PARTNERSHIPS WE'RE GRATEFUL TO BE CONTINUING OUR FRUITFUL COLLABORATIONS WITH VISTA HIGHER LEARNING AND THE NATIONAL SPANISH EXAM IN 2023, BOTH OF WHOM ARE SPONSORING SCHOLARSHIPS FOR TEACHERS TO TRAVEL WITH US ON OUR SUMMER TRIP TO GUATEMALA. PARTNERSHIPS WITH THESE GROUPS AS WELL AS WITH AATSP, THE SOCIEDAD HONORARIA HISPNICA, AND SOCIEDAD HONORARIA AMISTAD HAVE BROUGHT AN INFLUX OF PULSERA SALES OUR WAY IN THE FIRST HALF OF THE YEAR. THE ARTISANS OF GUATEMALA & NICARAGUA THE FIRST HALF OF 2023 SAW THE PROJECT CONTINUING TO BUILD & NURTURE OUR RELATIONSHIPS WITH THE 200+ ARTISANS WHO MAKE PULSERAS FOR THE PROJECT. ARTISANS COME FROM EIGHTEEN DIFFERENT GROUPS & COOPERATIVES FOURTEEN IN GUATEMALA AND FOUR IN NICARAGUA. IN THE FIRST HALF OF 2023 WE SPENT $199,636 PURCHASING FAIR TRADE PULSERAS AND PURSES FROM THESE ARTISAN GROUPS AND COOPERATIVES. THAT'S VITAL INCOME THAT WENT TO SUPPORTING ARTISANS AND THEIR FAMILIES, WHICH TOTAL OVER A THOUSAND PEOPLE. PULSERA SALES IMPACT FROM THE MONEY RAISED BY SCHOOL PULSERA SALES, THE PULSERA PROJECT INVESTS IN OUR THREE COMPONENTS ARTISAN EMPLOYMENT, IMPACT INVESTMENT, AND THE U.S. SERVICE-LEARNING EDUCATIONAL PROGRAM. IN THE FIRST HALF OF 2023 THE PROJECT INVESTED A TOTAL OF $242,197 IN OUR FAIR TRADE EMPLOYMENT ($199,636) AND SOCIAL IMPACT PROGRAMS ($42,561) IN CENTRAL AMERICA. BEYOND OUR FAIR TRADE EMPLOYMENT PROGRAM, FUNDS WERE USED FOR IMPACT INVESTMENTS IN OUR PARTNER ORGANIZATIONS CIRCULA ($5,000), ASOGEN ($8,700), ASOMUJERDI ($1,200), IMAP ($5,580), WARICHA ($7,000), ADISA ($5,000), AND CREAMOS ($5,000). THESE GROUPS DO ESSENTIAL WORK FOR THEIR COMMUNITIES, CONSTITUTING A RANGE OF PROJECTS INCLUDING ENVIRONMENTAL SUSTAINABILITY AND PERMACULTURE, WOMEN'S RIGHTS ADVOCACY AND WORKFORCE DEVELOPMENT, DOMESTIC VIOLENCE SHELTER SERVICES, YOUTH LEADERSHIP PROGRAMS, DISABILITY ACCESS & ADVOCACY, SCHOLARSHIPS, AND MORE. ADELANTE IN 2023-24 AS WE LOOK TOWARDS THE 2023-24 SCHOOL YEAR, WE ARE FIRST FILLED WITH PROFOUND HUMILITY AND GRATITUDE TO EVERY TEACHER, STUDENT, AND VOLUNTEER WHO HAS CONTRIBUTED TO THE PROJECT RECENTLY. WE HAVE 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 NETWORKS OF ARTISANS, STUDENTS, TEACHERS, ACTIVISTS, AND VOLUNTEERS THAT HAVE BROUGHT PEOPLE TOGETHER ACROSS BORDERS, CULTURAL DIVIDES, AND THOUSANDS OF MILES. OUR DREAMS FOR THE FUTURE REMAIN LARGE DESPITE THE SETBACKS. WE HOPE TO DEVELOP CLOSER RELATIONSHIPS WITH OUR 200+ ARTISAN PARTNERS IN THE COMING YEAR, RESEARCH EXPANDING OUR ARTISAN PROGRAM IN CENTRAL AMERICA, CONTINUE WITH OUR TEACHER TRIPS, AND COLLABORATE WITH MORE EDUCATIONAL ORGANIZATIONS, ALL WHILE WORKING TOWARDS THE BRIGHTER AND MORE JUST WORLD THAT WE ALL STRIVE TO BE A PART OF. THANKS FOR JOINING US ON THE ADVENTURE. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM. EACH OFFICER REVIEWS THE FORM 990 INDIVIDUALLY, THEN COMMENTS OR ASKS QUESTIONS PRIOR TO FILING. |
| 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. |
| Software ID: | |
| Software Version: |