Denan Project INC EIN 20-1615974 Form 990 (PDF) Claim this org

Denan Project INC FY2021 filing

Not yet claimed Claim this org →

Provides free medical care, water, education, and training to impoverished communities in Ethiopia, Peru, and Mongolia. For fiscal year 2021 it reported $377K in revenue, $298K in expenses, and $657K in net assets.Pt I

Type
Public charity (501(c)(3)) · International
Location
The Villages, FL
Website
www.thedenanproject.org
Filings
5 on file (2020–2021)
Revenue
$377KFY2021
Expenses
$298K
Net assets
$657K
People
10
Filings
5
Updates
0
More identity details & actions ⌄
EIN  20-1615974 Public charity (501(c)(3)) The Villages, FL
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →
Compare with another nonprofit →
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until Denan Project INC claims this page.

Know this organization? Claim it to add your story

Size
$100K–1M
What they do
Provides free medical care, water, education, and training to impoverished communities in Ethiopia, Peru, and Mongolia.
Leadership
Richard Young · President, Director
Money in and out
$377K revenue, $298K expenses
Bottom line
94% program efficiency
Where the money goes · FY2021
Total revenue
$377K
Pt VIII · Ln 12
Total expenses
$298K
Pt IX · Ln 25
Net assets
$657K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $79K
Where spending went · Part IX cols B–D
Program services $0.94 Management & general $0.05 Fundraising $0.01
Program efficiency
94%
of spending reaches programs
Operating runway
26.4mo
months of highly liquid reserves at operating expense rate
Surplus margin
+21%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$377K
FY2021▲ +32%
Expenses
$298K
FY2021▲ +32%
Total assets
$666K
FY2021▲ +13%
Total liabilities
$9K
FY2021▼ -26%
Total revenue
$377K
Pt VIII · Ln 12
Total expenses
$298K
Pt IX · Ln 25
Net assets
$657K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$79K
Total assetsPt X · Ln 16$666K
Program-expense ratioPt IX · col B94%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 410
Mission & Programs · Part III

Where the work happens

3 program services account for $280K of program spending, described in the organization's own filed words · FY2021.
01

Denan hospital-in denan ethiopia, a clinic was opened in april 2004, which has grown into a fully staffed hospital. There are programs for polio eradiction, TB treatment, vaccination, supplemental feeding, health education, pre-natal and well baby care, and female anti-genital mutilation.

$209Kprogram expense
02

Peru-the project built a health facility in the small, high andean town of uratari, which opened in august 2010. The health facility provides medical and dental care, education and medical outreach programs, and provides mirco-loans to organized groups to help them start cottage industries.

$44Kprogram expense
03

Mongolia

In october 2011 the project began providing funding to an existing hospital in tariat, mongolia. In 2015 the project also began supporting an additional hospital in erdenemandal, mongolia. The project provides state of the art surgical, dental, testing and transportation equipment to each hospital.

$27Kprogram expense

Run this program? Claim this org to tell your story

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CDenan Project INC
EINHdr · item D20-1615974
Principal addressHdr · item CThe Villages, FL
WebsiteHdr · item Jwww.thedenanproject.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MFL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFInternational (Q33)
Ruling yearIRS BMFNov 2004

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a10
Independent voting membersPt VI · Ln 1b10
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President, Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Secretary, Director
$0Pt VII · Sec A
Treasurer, Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Denan Project INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Statement of Revenue

Part VIII
Contributions & grants100%$377K
Investment income$452
Total revenueLn 12$377K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.94 Management & general $0.05 Fundraising $0.01
Program services94%$280K
Management & general5%$15K
Fundraising1%$4K
Total functional expensesLn 25$298K

Balance Sheet

Part X · end of year
CashLn 1$657K
Total assetsLn 16$666K
Total liabilitiesLn 26$9K
Total net assetsLn 32$657K
Months of cash on handcomputed26.4

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $657K · Operating expenses/yr $298K
26.4 months
Where the money goes
Program services
Program services $280K · Total expenses $298K
94%
Management & General
Management & general $15K · Total expenses $298K
5%
Fundraising
Fundraising $4K · Total expenses $298K
1%
Cost to raise $1
Fundraising expense (2-yr avg) $4K · Solicited contributions (2-yr avg) $331K
$0.01 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $377K · Total revenue $377K
100%
Government reliance
Government grants — · Total revenue $377K
Earned-income share
Program service revenue $0 · Total revenue $377K
0%
Investment reliance
Investment income $452 · Total revenue $377K
+0.1%
Program self-sufficiency
Program service revenue $0 · Total expenses $298K
0%
Growth & trend
Revenue growth (YoY)
This year $377K · Prior year $286K
+32%
Net-asset trend (YoY)
End of year $657K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $377K · Expenses $298K
+21%
Liabilities-to-Assets
Total liabilities — · Total assets $666K
Net-asset ratio
Net assets $657K · Total assets $666K
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $666K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Richard Young · Reported title PRESIDENT, DIRECTOR · Highest reported compensation $0 · Total expenses $298K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $298K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 94%
Overhead ratio 5%
Fundraising cost ratio 1%
Revenue growth 32%
Accounting fee ratio 4%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Teeem INCFY2024$40K
Total grants receivedfrom 3 funders$91K
See all 3 funders →

Similar Organizations

Closest in mission — by what they do
See all organizations like Denan Project INC →

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$237K revenue · ⤓ 990 PDF
FY2023$288K revenue · ⤓ 990 PDF
FY2022$306K revenue · ⤓ 990 PDF
FY2021$377K revenue · viewing · ⤓ 990 PDF
FY2020$286K revenue · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.