Civic Intelligence

Ktk-Belt Inc.

990 • Fiscal year 2020 • EIN 47-2166334

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 15, 2021

51 Larch DrManhassett Hills, NY 11040

(516) 288-1175

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Up

$862,772

Up $562,328 (+187%) from 2019

Net Assets

Up

$861,781

Up $579,500 (+205%) from 2019

Liabilities

Down

$991

Down $17,172 (-95%) from 2019

Revenue And Expenses

Revenue

Down

$1,077,202

Down $398,234 (-27%) from 2019

Expenses

Down

$510,340

Down $754,033 (-60%) from 2019

Net Income

Up

$566,862

Up $355,799 (+169%) from 2019

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2016: $6,687Net Assets 2016: $6,6872016Assets 2017: $6,211Liabilities 2017: $0Net Assets 2017: $6,2112017Assets 2018: $126,904Liabilities 2018: $45,032Net Assets 2018: $81,8722018Assets 2019: $300,444Liabilities 2019: $18,163Net Assets 2019: $282,2812019Assets 2020: $862,772Liabilities 2020: $991Net Assets 2020: $861,7812020Assets 2020: $1,250,891Liabilities 2020: $991Net Assets 2020: $1,249,9002020Assets 2021: $1,381,498Liabilities 2021: $0Net Assets 2021: $1,381,4982021Assets 2022: $222,388Liabilities 2022: $4,443Net Assets 2022: $217,9452022Assets 2023: $153,901Liabilities 2023: $125,016Net Assets 2023: $28,8852023Assets 2024: $280,211Liabilities 2024: $204,790Net Assets 2024: $75,4212024

Highlighted filing

2020

Assets$862,772
Liabilities$991
Net Assets$861,781

Operations Trend

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

$2.0M$1.0M$0-$1.0MRevenue 2016: $146,641Expenses 2016: $139,963Net Income 2016: $6,6782016Revenue 2017: $250,053Expenses 2017: $250,529Net Income 2017: -$4762017Revenue 2018: $725,027Expenses 2018: $653,372Net Income 2018: $71,6552018Revenue 2019: $1,475,436Expenses 2019: $1,264,373Net Income 2019: $211,0632019Revenue 2020: $1,077,202Expenses 2020: $510,340Net Income 2020: $566,8622020Revenue 2020: $1,419,726Expenses 2020: $510,340Net Income 2020: $909,3862020Revenue 2021: $986,916Expenses 2021: $1,051,802Net Income 2021: -$64,8862021Revenue 2022: $773,875Expenses 2022: $1,471,942Net Income 2022: -$698,0672022Revenue 2023: $1,158,661Expenses 2023: $1,349,235Net Income 2023: -$190,5742023Revenue 2024: $1,595,878Expenses 2024: $1,549,338Net Income 2024: $46,5402024

Highlighted filing

2020

Revenue$1,077,202
Expenses$510,340
Net Income$566,862
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 15, 2021
Return Version
2020v4.0
Gross Receipts
$1,077,202
Mission and Program Overview

Mission

Ktk-belt's mission is to catalyze new models of biodiversity conservation and environmental learning in eastern nepal. It works with teachers, farmers, youth, and women to create a vertical university that will span from koshi tappu wildlife sanctuary (67 m) to kanchenjunga(8,586 m), the third tallest peak in the world. The idea is to give a framework to local farmers to become professors of the vertical university, to share their indigenous knowledge while also physically conserving threatened species and landscapes.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$263,387$748,893▲ $485,506
Accounts Receivable$26,446$92,599▲ $66,153
Land, Buildings, and Equipment, Net$10,611$18,489▲ $7,878
Prepaid Expenses and Deferred Charges-$1,768-
Total Assets$300,444$862,772▲ $562,328
Other Assets Total-$1,023-
Liabilities
Accounts Payable and Accrued Expenses$18,163$991▼ $17,172
Total Liabilities$18,163$991▼ $17,172
Net Assets / Fund Balance
Net Assets With Donor Restrictions-$635,982-
Net Assets Without Donor Restrictions$282,281$225,799▼ $56,482
Total Net Assets Fund Balance$282,281$861,781▲ $579,500
Total Liabilities and Net Assets / Fund Balance$300,444$862,772▲ $562,328

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$18,489$21,593$40,082
Compensation and Service Providers

Board Members and Trustees

NameTitle
Robert HabermannPresident
Alejandro ArgumedoDirector
Jules WhiteDirector
Stephanie OdegardDirector
Varun SarafDirector
Priyanka BistaSecretary
Rajeev GoyalVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$1,075,311
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$1,891
All Other Contributions
$1,075,311
Change in Net Assets
$566,862

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,077,202
Total Revenue per Audited Statements
$1,077,202
Total Revenue per Form 990
$1,077,202
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$372,071
Other Expenses$117,346
Salaries, Compensation, and Employee Benefits$20,923
Total Fundraising Expense$12,500
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$372,071--$372,071
Other Salaries and Wages$20,923--$20,923
Fees for Services Accounting-$12,294-$12,294
All Other Expenses-$4,204-$4,204
Other Expenses$20,631$3,000$12,500$3,000
Insurance$1,721--$1,721
Total Functional Expenses$415,346$82,494$12,500$510,340

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$510,340
Total Expenses per Audited Statements$510,340
Total Expenses per Form 990$510,340
International Activity

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
South AsiaGrant Support----
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
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, Page 6, Part VI, Line 11B

A copy of form 990 is provided to and reviewed by the board prior to submission to the irs.

Form 990, Page 6, Part VI, Line 12C

A formal social audit is conducted every six months as per norms of the social welfare council in nepal, and also a comprehensive independent review at the beginning, middle, and conclusion of the project where conflicts are required to be disclosed.

Form 990, Page 6, Part VI, Line 19

Made available upon request.

Filing and Contact Details

Filer

Filer Name
Ktk-belt Inc
EIN
47-2166334
Phone
5162881175
Address
51 LARCH DR, MANHASSETT HILLS, NY 11040

Signing Officer

Name
Priyanka Bista
Title
Secretary
Phone
5162881175
Signed
2021-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Priyanka Bista
Formed
2014
Legal Domicile
Ny
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
30

Preparer

Firm
Fligel Brint & Co Cpastax Tips Inc
Address
103 BROADWAY MALL, HICKSVILLE, NY 11801
Preparer
Andrew Brint CPA
Phone
5166811040
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Ktk-belt's mission is to catalyze new models of biodiversity conservation and environmental learning in eastern nepal. It works with teachers, farmers, youth, and women to create a vertical university that will span from koshi tappu wildlife sanctuary (67 m) to kanchenjunga(8,586 m), the third tallest peak in the world. The idea is to give a framework to local farmers to become professors of the vertical university, to share their indigenous knowledge while also physically conserving threatened species and landscapes.

Form 990, Part V, Line 4B

NEPAL

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IRS990ScheduleD/RevenueSubtotalAmt01077202
IRS990ScheduleD/TotalBookValueLandBuildingsAmt018489
IRS990ScheduleD/TotalExpensesPerForm990Amt0510340
IRS990ScheduleD/TotalRevenuePerForm990Amt01077202
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01077202
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0510340
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0SOUTH ASIA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0GRANT SUPPORT
IRS990ScheduleF/BoycottCountriesInd0false
IRS990ScheduleF/ForeignCorpOwnershipInd0false
IRS990ScheduleF/ForeignPartnershipInd0false
IRS990ScheduleF/GrantRecordsMaintainedInd0true
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt062403
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt171312
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt236623
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt337373
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt424104
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt538689
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt670087
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt731480
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt0WIRE TRANSFER
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt1WIRE TRANSFER
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt2WIRE TRANSFER
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt3WIRE TRANSFER
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt4WIRE TRANSFER
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt5WIRE TRANSFER
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt6WIRE TRANSFER
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt7WIRE TRANSFER
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt0TO SUPPORT CONSERVAT
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt1TO SUPPORT CONSERVAT
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt2TO SUPPORT CONSERVAT
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt3TO SUPPORT CONSERVAT
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt4TO SUPPORT CONSERVA
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt5TO SUPPORT CONSERVAT
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt6TO HELP IMPOVERISHED
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt7TO SUPPORT CONSERVAT
IRS990ScheduleF/InterestInForeignTrustInd0false
IRS990ScheduleF/PassiveForeignInvestmestCoInd0false
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0SOUTH ASIA 0 0
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE F, PAGE 1, PART I, LINE 3
IRS990ScheduleF/TransferToForeignCorpInd0false
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0KTK-BELT'S MISSION IS TO CATALYZE NEW MODELS OF BIODIVERSITY CONSERVATION AND ENVIRONMENTAL LEARNING IN EASTERN NEPAL. IT WORKS WITH TEACHERS, FARMERS, YOUTH, AND WOMEN TO CREATE A VERTICAL UNIVERSITY THAT WILL SPAN FROM KOSHI TAPPU WILDLIFE SANCTUARY (67 M) TO KANCHENJUNGA(8,586 M), THE THIRD TALLEST PEAK IN THE WORLD. THE IDEA IS TO GIVE A FRAMEWORK TO LOCAL FARMERS TO BECOME PROFESSORS OF THE VERTICAL UNIVERSITY, TO SHARE THEIR INDIGENOUS KNOWLEDGE WHILE ALSO PHYSICALLY CONSERVING THREATENED SPECIES AND LANDSCAPES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NEPAL
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A COPY OF FORM 990 IS PROVIDED TO AND REVIEWED BY THE BOARD PRIOR TO SUBMISSION TO THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A FORMAL SOCIAL AUDIT IS CONDUCTED EVERY SIX MONTHS AS PER NORMS OF THE SOCIAL WELFARE COUNCIL IN NEPAL, AND ALSO A COMPREHENSIVE INDEPENDENT REVIEW AT THE BEGINNING, MIDDLE, AND CONCLUSION OF THE PROJECT WHERE CONFLICTS ARE REQUIRED TO BE DISCLOSED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART V, LINE 4B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0300444
IRS990/TotalAssetsEOYAmt0862772
IRS990/TotalAssetsGrp/BOYAmt0300444
IRS990/TotalAssetsGrp/EOYAmt0862772
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt01075311
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt012500
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt082494
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0415346
IRS990/TotalFunctionalExpensesGrp/TotalAmt0510340
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt018163
IRS990/TotalLiabilitiesEOYAmt0991
IRS990/TotalLiabilitiesGrp/BOYAmt018163
IRS990/TotalLiabilitiesGrp/EOYAmt0991
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0282281
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0861781
IRS990/TotalProgramServiceExpensesAmt0415346
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01891
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01077202
IRS990/TotalVolunteersCnt030
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0300444
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0862772
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt051 LARCH DR
IRS990/USAddress/CityNm0MANHASSETT HILLS
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd011040
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.BELT-PROJECT.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0PRIYANKA BISTA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY
ReturnHeader/BusinessOfficerGrp/PhoneNum05162881175
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0KTK-BELT INC
ReturnHeader/Filer/BusinessNameControlTxt0KTK-
ReturnHeader/Filer/EIN0472166334
ReturnHeader/Filer/PhoneNum05162881175
ReturnHeader/Filer/USAddress/AddressLine1Txt051 LARCH DR
ReturnHeader/Filer/USAddress/CityNm0MANHASSETT HILLS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011040
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0113177576
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0FLIGEL BRINT & CO CPASTAX TIPS INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0103 BROADWAY MALL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HICKSVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd011801
ReturnHeader/PreparerPersonGrp/PhoneNum05166811040
ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ANDREW BRINT CPA
ReturnHeader/ReturnTs02021-11-15T09:13:39-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0PRIYANKA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BISTA
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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