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Nonprofits›Kula Project Inc

Environment

Kula Project Inc

LYNCHBURG, VA

Website

Total revenue

$1.0M

Total expenses

$874K

Net assets

$553K

Grants received

$1.4M

36 grants

EIN

455273875

Tax year

2024

Mission

Kula exists to eradicate poverty through the development of entrepreneurs (continued on Schedule O) in Rwanda's coffee communities. We operate at the intersection of economic development, environmental sustainability, and gender equality, providing a poverty graduation model that joins regenerative agriculture support with entrepreneurial development and business coaching, empowering coffee farmers to increase their household income and move out of extreme poverty and into a life of prosperity, vision, agency, and hope.

Financials

FY 2024

Revenue

Contributions & grants$985K

Program service revenue—

Investment income$2K

Other revenue$17K

Total revenue$1.0M

Expenses

Grants paid$421K

Salaries & benefits$294K

Fundraising$156K

Other expenses$159K

Total expenses$874K

Total assets$558K

Net assets$553K

People

4 listed

NameRoleCompensation

Nic Lauten

Board Chair and Executive Director

Board

$92K

45 hrs/wk

Rebecca Pape

Board Member

Board

—

1 hrs/wk

Zane Wilemon

Board Member

Board

—

1 hrs/wk

Caroline Numuhire

Board Member

Board

—

1 hrs/wk

Grants received

Showing 36 of 36

FromAmountPurposeYear

WOVEN FOUNDATION

$75K

GENERAL OPERATING SUPPORT

2024

TOGETHER WOMEN RISE

$50K

ECONOMIC TRAINING

2024

NATL CHRISTIAN CHARITABLE FDN INC

$40K

MICROFINANCE

2024

SEGAL FAMILY FOUNDATION INC

$25K

CHARITABLE PURPOSE

2024

Journey Charitable Foundation

$10K

Support for Kula Fellowship program

2024

Cook Family Foundation

$2K

Unrestricted

2024

ONCE UPON A TIME FOUNDATION

$2K

GENERAL SUPPORT

2024

ONCE UPON A TIME FOUNDATION

$1K

GENERAL SUPPORT

2024

RAYMOND JAMES CHARITABLE ENDOWMENT FUND

$197K

GENERAL SUPPORT

2023

WOVEN FOUNDATION

$75K

GENERAL OPERATING SUPPORT

2023

KYLE KORVER FOUNDATION

$50K

GENERAL SUPPORT

2023

NATL CHRISTIAN CHARITABLE FDN INC

$41K

POVERTY

2023

SEGAL FAMILY FOUNDATION INC

$39K

CHARITABLE PURPOSE

2023

Nadia and Alf Taylor Foundation

$20K

Providing training, mentoring, resources and support for women in Rwanda to create theirown social enterprise through coffee farming.

2023

BLOOMING PRAIRIE FDN INC INVESTMENT AGY

$10K

CHARITABLE GIFT

2023

FIDELITY INVESTMENTS CHARITABLE GIFT FUND

$10K

For grant recipient's exempt purposes

2023

PLANET WOMEN

$10K

TO ERADICATE POVERTY THROUGH THE DEVELOPMENT OF WOMEN ENTREPRENEURS IN RWANDA'S COFFEE COMMUNITIES.

2023

Journey Charitable Foundation

$10K

Funds for Kula Fellowship programs in Rwanda

2023

RAYMOND JAMES CHARITABLE ENDOWMENT FUND

$126K

GENERAL SUPPORT

2022

WOVEN FOUNDATION

$75K

GENERAL OPERATING SUPPORT

2022

KYLE KORVER FOUNDATION

$50K

GENERAL SUPPORT

2022

NATL CHRISTIAN CHARITABLE FDN INC

$43K

POVERTY

2022

NATL CHRISTIAN CHARITABLE FDN INC

$43K

POVERTY

2022

PLANET WOMEN

$10K

TO ERADICATE POVERTY THROUGH THE DEVELOPMENT OF WOMEN ENTREPRENEURS IN RWANDA'S COFFEE COMMUNITIES

2022

Journey Charitable Foundation

$10K

Support onboarding 11 aspiring entrepreneurs in Rwanda into the Kula Fellowship with trainings, materials, field staff expenses, business investment, and mentorship 900 per fellow.

2022

FIDELITY INVESTMENTS CHARITABLE GIFT FUND

$10K

For grant recipient's exempt purposes

2022

KYLE KORVER FOUNDATION

$50K

GENERAL SUPPORT

2021

FIDELITY INVESTMENTS CHARITABLE GIFT FUND

$9K

For grant recipient's exempt purposes