Civic Intelligence

The Pulsera Project

990 • Fiscal year 2017 • EIN 27-0500339

Jan 01, 2017 to Dec 31, 2017 • Filed on Oct 25, 2018

131 N Wawaset RoadWest Chester, PA 19382

(610) 793-3483

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

26th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

26th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

80th percentile

24%

Higher net margin than 80% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Asset Growth

86th percentile

37%

Faster asset growth than 86% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

78th percentile

30%

Faster revenue growth than 78% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Up

$591,002

Up $158,727 (+37%) from 2016

Net Assets

Up

$591,002

Up $158,727 (+37%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue

Up

$658,881

Up $152,494 (+30%) from 2016

Expenses

Up

$500,154

Up $55,878 (+13%) from 2016

Net Income

Up

$158,727

Up $96,616 (+156%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.0M$500K$0Assets 2011: $54,807Net Assets 2011: $54,8072011Assets 2012: $95,375Liabilities 2012: $0Net Assets 2012: $95,3752012Assets 2013: $176,943Liabilities 2013: $0Net Assets 2013: $176,9432013Assets 2014: $269,122Liabilities 2014: $0Net Assets 2014: $269,1222014Assets 2015: $370,164Liabilities 2015: $0Net Assets 2015: $370,1642015Assets 2016: $432,275Liabilities 2016: $0Net Assets 2016: $432,2752016Assets 2017: $591,002Liabilities 2017: $0Net Assets 2017: $591,0022017Assets 2018: $711,157Liabilities 2018: $0Net Assets 2018: $711,1572018Assets 2019: $737,534Liabilities 2019: $0Net Assets 2019: $737,5342019Assets 2020: $782,674Liabilities 2020: $150,000Net Assets 2020: $632,6742020Assets 2021: $767,750Liabilities 2021: $150,000Net Assets 2021: $617,7502021Assets 2022: $834,822Liabilities 2022: $150,000Net Assets 2022: $684,8222022Assets 2023: $937,038Liabilities 2023: $150,000Net Assets 2023: $787,0382023Assets 2024: $809,070Liabilities 2024: $150,000Net Assets 2024: $659,0702024

Highlighted filing

2017

Assets$591,002
Liabilities$0
Net Assets$591,002

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KRevenue 2011: $109,326Expenses 2011: $69,655Net Income 2011: $39,6712011Expenses 2012: $217,5312012Expenses 2013: $226,8612013Revenue 2014: $401,154Expenses 2014: $282,564Net Income 2014: $118,5902014Revenue 2015: $445,699Expenses 2015: $344,657Net Income 2015: $101,0422015Revenue 2016: $506,387Expenses 2016: $444,276Net Income 2016: $62,1112016Revenue 2017: $658,881Expenses 2017: $500,154Net Income 2017: $158,7272017Revenue 2018: $688,897Expenses 2018: $568,742Net Income 2018: $120,1552018Revenue 2019: $742,429Expenses 2019: $716,052Net Income 2019: $26,3772019Revenue 2020: $311,927Expenses 2020: $416,787Net Income 2020: -$104,8602020Revenue 2021: $282,956Expenses 2021: $297,880Net Income 2021: -$14,9242021Revenue 2022: $610,607Expenses 2022: $543,535Net Income 2022: $67,0722022Revenue 2023: $425,794Expenses 2023: $323,577Net Income 2023: $102,2172023Revenue 2024: $488,485Expenses 2024: $616,453Net Income 2024: -$127,9682024

Highlighted filing

2017

Revenue$658,881
Expenses$500,154
Net Income$158,727
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Oct 25, 2018
Return Version
2017v2.3
Gross Receipts
$941,193
Mission and Program Overview

Mission

The pulsera project's mission is to create a more just and colorful world through the education and empowerment of nicaraguan and u.s. Youth.we engage us students in international service to provide economic opportunities for young nicaraguans. We also advocate for progressive ideas about international service that value economic aid as just one part of a mutual exchange that also includes the sharing of knowledge, ideas, and life experiences for the benefit of all.

To create a more just colorful world through education,empowerment of nicaraguan, u.s. Youth.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$231,712$369,541▲ $137,829
Inventories for Sale or Use$199,880$189,161▼ $10,719
Other Notes and Loans Receivable, Net-$30,000-
Cash and Non-Interest-Bearing Accounts$683$2,300▲ $1,617
Total Assets$432,275$591,002▲ $158,727
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$432,275$591,002▲ $158,727
Total Net Assets Fund Balance$432,275$591,002▲ $158,727
Total Liabilities and Net Assets / Fund Balance$432,275$591,002▲ $158,727
Compensation and Service Providers

Board Members and Trustees

NameTitle
Christopher J CranePresident
Joseph TerranovaVice President
Amanda SeewaldBoard Member
Joan DukovicBoard Member
Abigail SebtonSecretary
Susan L PattersonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,960
Program Service Revenue
$9,690
Investment Income
$987
Other Revenue
$645,244
All Other Contributions
$2,960
Change in Net Assets
$158,727
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$230,317
Other Expenses$169,159
Grants and Similar Amounts Paid$100,678
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$210,037--$210,037
Foreign Grants$100,678--$100,678
Occupancy$42,785--$42,785
Office Expenses$41,298--$41,298
Travel$27,989--$27,989
Payroll Taxes$17,759--$17,759
Fees for Services Other$9,642$2,720-$12,362
Conferences and Meetings$8,617--$8,617
Insurance$4,647--$4,647
Advertising$3,927--$3,927
Pension Plan Contributions$2,521--$2,521
Information Technology$2,276--$2,276
Fees for Services Accounting-$1,825-$1,825
Other Expenses$1,071--$1,071
Fees for Services Legal$102--$102
Total Functional Expenses$495,609$4,545$0$500,154
International Activity

International Summary

Offices
1
Employees
7
Spending
$451,871

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Central America & CaribbeanProgram ServicesWe Buy Bracelets and Bags From Artisans in Nicaragua and Guatemala, Providing Employment. We Fund Scholarships and Community Development Projects. We Support an Office and Seven Employees in Nicaragua Who Manage the Programs.17$451,871
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Colin P CraneFormer Board Member & Son of Officers Christopher Crane and Susan PattersonEmployee CompensationNo$50,808
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with family members
Yes
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Christopher j. Crane, susan l. Patterson, and colin p. Crane have a family relationship.

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 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

Conflict of interest policy is available upon request.

Filing and Contact Details

Filer

Filer Name
The Pulsera Project
EIN
27-0500339
Phone
6107933483
Address
131 N WAWASET ROAD, WEST CHESTER, PA 19382

Signing Officer

Name
Susan L Patterson
Title
Treasurer
Phone
6107933483
Signed
2018-10-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Christopher J Crane
Formed
2009
Legal Domicile
Pa
Voting Board Members
6
Independent Board Members
6
Employees
10
Volunteers
21,000

Preparer

Firm
Cliftonlarsonallen Llp
Address
610 W GERMANTOWN PIKE STE 400, PLYMOUTH MEETING, PA 19462
Preparer
Bruce Braunewellcpa
Phone
2156433900
Supplemental Narrative

Additional Explanations

Part III, Line 4A

The pulsera project invested $35,791 in its land and housing program in 2017, raising the total in the last four years to about $154,000. Land can be relatively cheap in nicaragua, with some building lots costing less than $1000. Twenty-six artisans who have been part of the pulsera project family for several years bought land or improved properties with grants funded by pulsera sale earnings. Housing program benefits, like health and scholarship benefits, are not handouts, but employment benefits resulting from years of dedicated work. When artisans own their own homes, their earnings are not consumed by rent, but instead retained for investment in family, education, and other well-being fundamentals. Social impact and human well-being the pulsera project launched an evaluation program in 2015 to understand the social impact of programs in nicaraguan communities. In early 2017, the program pivoted to focus on human well-being, the holy grail of social impact. We completed months of research, surveyed 100 artisans, conducted focus groups with 50 more, and walked away with a keen understanding that we best help people thrive when we understand what they think and feel. Well-being study and enhancement will continue at the core of our work in 2018. Our simple but challenging goal is to do the best we can with the resources at our disposal. Siempre adelante the mission of the pulsera project is to explore the world, to join with us students, educators, nicaraguans, and guatemalans in contributing what we have to the global exchange, to discover the best in ourselves and others, and to enrich the world with the best of who we are. Thank you for your interest in the pulsera project. We are deeply grateful for all who support our mission to create a more just and colorful world.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Desc0THE 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 WHILE EDUCATING THOUSANDS OF U.S. STUDENTS ABOUT FAIR TRADE, CENTRAL AMERICAN CULTURE, AND A RANGE OF SOCIAL JUSTICE ISSUES. 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.THE THREE INTERWOVEN PARTS OF THE PULSERA PROJECT: 1) WE EMPLOY NEARLY 200 NICARAGUAN AND GUATEMALAN ARTISANS IN FAIR TRADE JOBS. 2) WE SELL THE ARTISANS' WORK AS PART OF AN EDUCATIONAL PROGRAM IN U.S. SCHOOLS. 3) WE RETURN SALE PROCEEDS TO NICARAGUA AND GUATEMALA FOR INVESTMENT IN COMMUNITY WELL-BEING.WHAT WE DID IN 2017 - THE THREE WOVEN THREADS - EDUCATION, EMPLOYMENT, AND INVESTMENTSU.S. EDUCATIONAL PROGRAMNEARLY A MILLION U.S. STUDENTS PARTICIPATED IN THE PULSERA PROJECT'S PROGRAM IN 2017, ENGAGING SCHOOLS ACROSS THE COUNTRY IN CONVERSATIONS ABOUT FAIR TRADE & SOCIAL JUSTICE WHILE RAISING FUNDS FOR SOCIAL IMPACT PROGRAMS IN CENTRAL AMERICA. PULSERAS MADE IN CENTRAL AMERICA START CONVERSATIONS ABOUT THE THINGS THAT WE BUY AND WHO MAKES THEM, AND ENCOURAGE A SENSE OF SELF-REFLECTION ABOUT OUR ROLES IN AN INTERCONNECTED WORLD. SINCE 2009, PULSERA PROJECT COLLABORATIONS WITH MORE THAN 2,200 US SCHOOLS IN 50 STATES HAVE ENRICHED THE WORLD WITH MORE THOUGHTFUL GLOBAL CITIZENS. IN 2017 WE PARTNERED WITH EDUCATORS AND STUDENTS IN 837 SCHOOLS, UP FROM 594 SCHOOL COLLABORATIONS IN 2016.ARTISAN EMPLOYMENT AND BENEFITSTHE PULSERA PROJECT EMPLOYS ABOUT 180 PULSERA ARTISANS IN NICARAGUA AND GUATEMALA AND INVESTS PULSERA PROCEEDS FROM SALES IN THE U.S. IN ARTISAN EDUCATION, ARTISAN HEALTH, AND HOUSING BENEFITS, ON TOP OF CONTINUED FAIR TRADE EMPLOYMENT FOR A GROWING NUMBER OF ARTISANS - ALL PART OF THE MUTUALLY BENEFICIAL EXCHANGE BETWEEN U.S. STUDENTS AND CENTRAL AMERICAN ARTISANS. INVESTMENTS IN CENTRAL AMERICATHE RAPID GROWTH OF THE PULSERA PROJECT HAS CREATED OPPORTUNITIES TO IMPACT LIVES IN WAYS THAT WE NEVER IMAGINED IN 2009. IN 2017, WE INVESTED IN A WIDE ARRAY OF COMMUNITY INITIATIVES LIKE GRUPO FENIX'S YOUTH SCHOLARSHIP AND LEADERSHIP PROGRAM IN TOTOGALPA, LA ESPERANZA GRANADA'S SCHOLARSHIP PROGRAM IN GRANADA, SI A LA VIDA'S YOUTH PROGRAMS IN MANAGUA, LA BASE'S WORKER COOPERATIVE PROGRAMS IN LEON, UNIVERSIDAD AMERICANA'S SOCIAL ENTERPRISE PROGRAM, AND OTHERS. THE PROJECT INVESTED $30,000 IN THE MEDIA DEVELOPMENT AND INVESTMENT FUND (MDIF), A US NON-PROFIT ORGANIZATION WHICH SUPPORTS FREE PRESS INITIATIVES IN GUATEMALA AND OTHER COUNTRIES BY EMPOWERING CITIZENS WITH ACCESS TO ACCURATE NEWS. WHERE SALE FUNDS GOARTISANS AND THEIR COMMUNITIES ARE ALWAYS THE LARGEST FINANCIAL BENEFICIARIES OF THE PULSERA PROJECT'S PROGRAMS. IN 2017, THE PULSERA PROJECT RAISED $927,556 FROM PRODUCT SALES, MUCH OF WHICH WILL BE INVESTED IN 2018. NONETHELESS, WITH THE HELP OF PRIOR YEAR SALES, WE INVESTED $522,659 IN CENTRAL AMERICA IN 2017 TO PAY ARTISAN AND STAFF SALARIES, TO FUND ARTISAN BENEFITS, AND TO INVEST IN COMMUNITY PROJECTS. AT YEAR'S END THE PROJECT'S RESERVE/INVESTMENT FUND STOOD AT $305,341. PULSERA PROJECT ADMINISTRATION SINCE THE PROJECT'S FOUNDING IN 2009, VOLUNTEERS ON THE BOARD OF DIRECTORS HAVE ACCOMPLISHED OVER 99% OF THE PROJECT'S GENERAL ADMINISTRATION, ENSURING THAT NEARLY ALL FUNDS RAISED ARE INVESTED IN CENTRAL AMERICAN COMMUNITIES AND U.S. CULTURAL EDUCATION. WHILE SALARIES ARE PAID TO TEAM PULSERA TO OPERATE THE EDUCATIONAL AND ARTISAN PROGRAMS, SEVEN VOLUNTEER BOARD MEMBERS DEDICATE HUNDREDS OF HOURS TO SUPPORT THE THOUSANDS OF TEACHERS AND STUDENTS WHO ALSO VOLUNTEER THEIR TIME. MEMBERS OF THE BOARD MEET MONTHLY TO ENSURE THAT THE PROJECT SPENDS ALL FUNDS ACCORDING TO OUR NON-PROFIT MISSION AND US LAW.THE PULSERA PROJ
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IRS990/MissionDesc0THE PULSERA PROJECT'S MISSION IS TO CREATE A MORE JUST AND COLORFUL WORLD THROUGH THE EDUCATION AND EMPOWERMENT OF NICARAGUAN AND U.S. YOUTH.WE ENGAGE U.S. STUDENTS IN INTERNATIONAL SERVICE TO PROVIDE ECONOMIC OPPORTUNITIES FOR NICARAGUANS AND GUATEMALANS. WE ALSO ADVOCATE FOR PROGRESSIVE IDEAS ABOUT INTERNATIONAL SERVICE THAT VALUE ECONOMIC AID AS JUST ONE PART OF A MUTUAL EXCHANGE THAT ALSO INCLUDES THE SHARING OF KNOWLEDGE, IDEAS, AND LIFE EXPERIENCES FOR THE BENEFIT OF ALL.
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IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt0645244
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt042785
IRS990/OccupancyGrp/TotalAmt042785
IRS990/OfficeExpensesGrp/ProgramServicesAmt041298
IRS990/OfficeExpensesGrp/TotalAmt041298
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0OTHER
IRS990/OtherExpensesGrp/Desc1PRODUCE EDU MATERALS
IRS990/OtherExpensesGrp/Desc2TEACHER TRIP NICARAGUA
IRS990/OtherExpensesGrp/Desc3FTF DUES
IRS990/OtherExpensesGrp/ProgramServicesAmt08581
IRS990/OtherExpensesGrp/ProgramServicesAmt18118
IRS990/OtherExpensesGrp/ProgramServicesAmt25561
IRS990/OtherExpensesGrp/ProgramServicesAmt31071
IRS990/OtherExpensesGrp/TotalAmt08581
IRS990/OtherExpensesGrp/TotalAmt18118
IRS990/OtherExpensesGrp/TotalAmt25561
IRS990/OtherExpensesGrp/TotalAmt31071
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0210037
IRS990/OtherSalariesAndWagesGrp/TotalAmt0210037
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt030000
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt017759
IRS990/PayrollTaxesGrp/TotalAmt017759
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt02521
IRS990/PensionPlanContributionsGrp/TotalAmt02521
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0CHRISTOPHER J CRANE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0EDUCATION TRIPS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt09690
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt09690
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01281
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt095206
IRS990/PYInvestmentIncomeAmt0679
IRS990/PYOtherExpensesAmt0159190
IRS990/PYOtherRevenueAmt0493727
IRS990/PYProgramServiceRevenueAmt010700
IRS990/PYRevenuesLessExpensesAmt062111
IRS990/PYSalariesCompEmpBnftPaidAmt0189880
IRS990/PYTotalExpensesAmt0444276
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0506387
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0158727
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0654934
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0231712
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0369541
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt02960
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt01281
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt016510
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0321
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0475
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt021547
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0987
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0679
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0249
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt041
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt039
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01995
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0654934
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0504427
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0428940
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0400792
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0171143
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02160236
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0987
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0679
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0249
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt041
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt039
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01995
IRS990ScheduleA/InvestmentIncomeCYPct00.00090
IRS990ScheduleA/InvestmentIncomePYPct00.00050
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99910
IRS990ScheduleA/PublicSupportPY509Pct00.99950
IRS990ScheduleA/PublicSupportTotal509Amt02181783
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0657894
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0505708
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0445450
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0401113
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0171618
IRS990ScheduleA/Total509Grp/TotalAmt02181783
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0658881
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0506387
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0445699
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0401154
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0171657
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02183778
IRS990/ScheduleBRequiredInd00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt07
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt01
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt0451871
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0CENTRAL AMERICA & CARIBBEAN
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0WE BUY BRACELETS AND BAGS FROM ARTISANS IN NICARAGUA AND GUATEMALA, PROVIDING EMPLOYMENT. WE FUND SCHOLARSHIPS AND COMMUNITY DEVELOPMENT PROJECTS. WE SUPPORT AN OFFICE AND SEVEN EMPLOYEES IN NICARAGUA WHO MANAGE THE PROGRAMS.
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0PROGRAM SERVICES
IRS990ScheduleF/BoycottCountriesInd00
IRS990ScheduleF/ContinuationSpentAmt00
IRS990ScheduleF/ContinuationTotalEmployeeCnt00
IRS990ScheduleF/ContinuationTotalOfficeCnt00
IRS990ScheduleF/ForeignCorpOwnershipInd00
IRS990ScheduleF/ForeignIndividualsGrantsGrp/CashGrantAmt035791
IRS990ScheduleF/ForeignIndividualsGrantsGrp/CashGrantAmt15921
IRS990ScheduleF/ForeignIndividualsGrantsGrp/CashGrantAmt29300
IRS990ScheduleF/ForeignIndividualsGrantsGrp/CashGrantAmt312691
IRS990ScheduleF/ForeignIndividualsGrantsGrp/CashGrantAmt41192
IRS990ScheduleF/ForeignIndividualsGrantsGrp/CashGrantAmt52920
IRS990ScheduleF/ForeignIndividualsGrantsGrp/MannerOfCashDisbursementTxt0CHECK
IRS990ScheduleF/ForeignIndividualsGrantsGrp/MannerOfCashDisbursementTxt1CHECK
IRS990ScheduleF/ForeignIndividualsGrantsGrp/MannerOfCashDisbursementTxt2CHECK
IRS990ScheduleF/ForeignIndividualsGrantsGrp/MannerOfCashDisbursementTxt3CHECK
IRS990ScheduleF/ForeignIndividualsGrantsGrp/MannerOfCashDisbursementTxt4CHECK
IRS990ScheduleF/ForeignIndividualsGrantsGrp/MannerOfCashDisbursementTxt5CHECK
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RecipientCnt023
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RecipientCnt128
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RecipientCnt2129
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RecipientCnt3145
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RecipientCnt450
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RecipientCnt52
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RegionTxt0CENTRAL AMERICA AND THE CARIBBEAN
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RegionTxt1CENTRAL AMERICA AND THE CARIBBEAN
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RegionTxt2CENTRAL AMERICA AND THE CARIBBEAN
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RegionTxt3CENTRAL AMERICA AND THE CARIBBEAN
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RegionTxt4CENTRAL AMERICA AND THE CARIBBEAN
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RegionTxt5CENTRAL AMERICA AND THE CARIBBEAN
IRS990ScheduleF/ForeignIndividualsGrantsGrp/TypeOfAssistanceTxt0ARTISAN HOUSING PROGRAM
IRS990ScheduleF/ForeignIndividualsGrantsGrp/TypeOfAssistanceTxt1ARTISAN SCHOLARSHIP PROGRAM
IRS990ScheduleF/ForeignIndividualsGrantsGrp/TypeOfAssistanceTxt2ARTISAN HEALTH PROGRAM
IRS990ScheduleF/ForeignIndividualsGrantsGrp/TypeOfAssistanceTxt3ARTISAN YEAR END PROGRAM
IRS990ScheduleF/ForeignIndividualsGrantsGrp/TypeOfAssistanceTxt4SI A LA VIDA YOUTH PROGRAM
IRS990ScheduleF/ForeignIndividualsGrantsGrp/TypeOfAssistanceTxt5LA ESPERANZA GRANADA SCHOLARSHIPS
IRS990ScheduleF/ForeignPartnershipInd00
IRS990ScheduleF/GrantRecordsMaintainedInd01
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt010000
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt15936
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt210000
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt36840
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt0CHECK
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt1CHECK
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt2CHECK
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt3CHECK
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt0HEALTH BENEFITS, SAFE STOVES, AND WATER FILTERS FOR GUATEMALA ARTISANS
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt1YOUTH LEADERSHIP PROGRAM SCHOLARSHIPS
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt2WORKER COOPERATIVE PROGRAMS
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt3SOCIAL ENTREPRENEUR IMPACT PROGRAM
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt0CENTRAL AMERICA AND THE CARIBBEAN
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt1CENTRAL AMERICA AND THE CARIBBEAN
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt2CENTRAL AMERICA AND THE CARIBBEAN
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt3CENTRAL AMERICA AND THE CARIBBEAN
IRS990ScheduleF/InterestInForeignTrustInd00
IRS990ScheduleF/PassiveForeignInvestmestCoInd00
IRS990ScheduleF/SubtotalEmployeesCnt07
IRS990ScheduleF/SubtotalOfficesCnt01
IRS990ScheduleF/SubtotalSpentAmt0451871
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0WE REQUIRE ORGANIZATIONS TO SPEND FUNDS AS PER OUR INSTRUCTIONS. IN MANY CASES, A BOARD MEMBER IS PRESENT WHEN FUNDS ARE SPENT. WHEN ONE OF US IS NOT PRESENT, WE REQUIRE RECEIPTS AND WE AND OUR REGIONAL DIRECTOR PERSONALLY VERIFY THAT THOSE RECEIPTS MATCH THE EXPENDITURE. ONE OF US TRAVELS TO NICARAGUA AT LEAST 6 TIMES PER YEAR, AND DURING THOSE TRIPS WE VISIT WITH GRANT RECIPIENTS, REVIEW BOOKS, MEET WITH THE GROUP LEADERS. IF THE EXPENDITURE IS FOR SOMETHING PHYSICAL, LIKE HOUSING 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 OR THE EQUIVALENT.
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleF/Total501c3OrgCnt04
IRS990ScheduleF/TotalEmployeeCnt07
IRS990ScheduleF/TotalOfficeCnt01
IRS990ScheduleF/TotalSpentAmt0451871
IRS990ScheduleF/TransferToForeignCorpInd00
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0COLIN P CRANE
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0FORMER BOARD MEMBER & SON OF OFFICERS CHRISTOPHER CRANE AND SUSAN PATTERSON
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt050808
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0EMPLOYEE COMPENSATION
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE PULSERA PROJECT INVESTED $35,791 IN ITS LAND AND HOUSING PROGRAM IN 2017, RAISING THE TOTAL IN THE LAST FOUR YEARS TO ABOUT $154,000. LAND CAN BE RELATIVELY CHEAP IN NICARAGUA, WITH SOME BUILDING LOTS COSTING LESS THAN $1000. TWENTY-SIX ARTISANS WHO HAVE BEEN PART OF THE PULSERA PROJECT FAMILY FOR SEVERAL YEARS BOUGHT LAND OR IMPROVED PROPERTIES WITH GRANTS FUNDED BY PULSERA SALE EARNINGS. HOUSING PROGRAM BENEFITS, LIKE HEALTH AND SCHOLARSHIP BENEFITS, ARE NOT HANDOUTS, BUT EMPLOYMENT BENEFITS RESULTING FROM YEARS OF DEDICATED WORK. WHEN ARTISANS OWN THEIR OWN HOMES, THEIR EARNINGS ARE NOT CONSUMED BY RENT, BUT INSTEAD RETAINED FOR INVESTMENT IN FAMILY, EDUCATION, AND OTHER WELL-BEING FUNDAMENTALS. SOCIAL IMPACT AND HUMAN WELL-BEING THE PULSERA PROJECT LAUNCHED AN EVALUATION PROGRAM IN 2015 TO UNDERSTAND THE SOCIAL IMPACT OF PROGRAMS IN NICARAGUAN COMMUNITIES. IN EARLY 2017, THE PROGRAM PIVOTED TO FOCUS ON HUMAN WELL-BEING, THE HOLY GRAIL OF SOCIAL IMPACT. WE COMPLETED MONTHS OF RESEARCH, SURVEYED 100 ARTISANS, CONDUCTED FOCUS GROUPS WITH 50 MORE, AND WALKED AWAY WITH A KEEN UNDERSTANDING THAT WE BEST HELP PEOPLE THRIVE WHEN WE UNDERSTAND WHAT THEY THINK AND FEEL. WELL-BEING STUDY AND ENHANCEMENT WILL CONTINUE AT THE CORE OF OUR WORK IN 2018. OUR SIMPLE BUT CHALLENGING GOAL IS TO DO THE BEST WE CAN WITH THE RESOURCES AT OUR DISPOSAL. SIEMPRE ADELANTE THE MISSION OF THE PULSERA PROJECT IS TO EXPLORE THE WORLD, TO JOIN WITH US STUDENTS, EDUCATORS, NICARAGUANS, AND GUATEMALANS IN CONTRIBUTING WHAT WE HAVE TO THE GLOBAL EXCHANGE, TO DISCOVER THE BEST IN OURSELVES AND OTHERS, AND TO ENRICH THE WORLD WITH THE BEST OF WHO WE ARE. THANK YOU FOR YOUR INTEREST IN THE PULSERA PROJECT. WE ARE DEEPLY GRATEFUL FOR ALL WHO SUPPORT OUR MISSION TO CREATE A MORE JUST AND COLORFUL WORLD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CHRISTOPHER J. CRANE, SUSAN L. PATTERSON, AND COLIN P. CRANE HAVE A FAMILY RELATIONSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EACH OFFICER REVIEWS THE FORM 990 INDIVIDUALLY, THEN COMMENTS OR ASKS QUESTIONS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CONFLICT OF INTEREST POLICY IS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0432275
IRS990/TotalAssetsEOYAmt0591002
IRS990/TotalAssetsGrp/BOYAmt0432275
IRS990/TotalAssetsGrp/EOYAmt0591002
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt02960
IRS990/TotalEmployeeCnt010
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt04545
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0495609
IRS990/TotalFunctionalExpensesGrp/TotalAmt0500154
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0432275
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0591002
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0495609
IRS990/TotalProgramServiceRevenueAmt09690
IRS990/TotalReportableCompFromOrgAmt00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$8.09$1.50$6.59$4.88$6.16$1.28
2023Detailed filing. Detailed filing data is available for this year.$9.37$1.50$7.87$4.26$3.24$1.02
2022Detailed filing. Detailed filing data is available for this year.$8.35$1.50$6.85$6.11$5.44$0.67
2021Detailed filing. Detailed filing data is available for this year.$7.68$1.50$6.18$2.83$2.98$0.15
2020Detailed filing. Detailed filing data is available for this year.$7.83$1.50$6.33$3.12$4.17$1.05
2019Detailed filing. Detailed filing data is available for this year.$7.38$0.00$7.38$7.42$7.16$0.26
2018Detailed filing. Detailed filing data is available for this year.$7.11$0.00$7.11$6.89$5.69$1.20
2017Detailed filing. Detailed filing data is available for this year.$5.91$0.00$5.91$6.59$5.00$1.59
2016Detailed filing. Detailed filing data is available for this year.$4.32$0.00$4.32$5.06$4.44$0.62
2015Detailed filing. Detailed filing data is available for this year.$3.70$0.00$3.70$4.46$3.45$1.01
2014Detailed filing. Detailed filing data is available for this year.$2.69$0.00$2.69$4.01$2.83$1.19
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.77$0.00$1.77$2.27
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.95$0.00$0.95$2.18
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.55$0.55$1.09$0.70$0.40