THE DENAN PROJECT INC

EIN: 201615974 501(c)(3) International Affairs

THE VILLAGES, FL

Total Revenue
$236,689
Total Expenses
$210,241
Total Assets
$726,602
Net Assets
$724,602
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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
CT
Principal Officer
RICHARD YOUNG
Phone
2038370181
Tax Period
2024-01-01 to 2024-12-31

THE DENAN PROJECT INC, founded in 2004, is a small nonprofit in the International Affairs sector that reported $237K in total revenue in fiscal year 2024. Revenue decreased 18% compared to the prior year. Expenses of $210K left a modest 11% surplus.

Mission

THE PROJECT IS A GRASSROOTS ORGANIZATION WHOSE VOLUNTEER MEMBERS SECURE THE NECESSARY RESOURCES TO PROVIDE FREE MEDICAL CARE, POTABLE WATER, AGRICULTURAL TRAINING, EDUCATION, AND OTHER CRITICAL SERVICES FOR THE PEOPLE OF DENAN, ETHIOPIA AND THE SURROUNDING VILLAGES, AND TO OTHER IMPOVERISHED COMMUNITIES IN PERU,AND MONGOLIA.

Program Service Accomplishments

Program 1
Expenses: $127,562

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...

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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. RELATED TO AGRICULTURE, THE PROJECT WHICH HAD PROVIDED A TRACTOR, FARM IMPLEMENTS AND DROUGHT-RESISTANT SEEDS TO HELP THE VARIOUS FARMING COOPERATIVES GROW MUCH NEEDED CROPS, HAS NOW GIVEN THE TRACTOR TO A GROUP OF ELDERS TO USE FOR THE BENEFIT OF THE COMMUNITY. AS WATER IS SCARCE, THE PROJECT USES ITS WATER TANKER TO PROVIDE WATER TO ITS HOSPITAL ON A REGULAR BASIS AND IS USED DURING TIMES OF DROUGHT TO HELP SUPPLY WATER TO DENAN. THE PROJECT ALSO PROVIDES FOR EMERGENCY FOOD SHIPMENTS ON OCCASION. ALL MEDICAL AND OTHER SERVICES ARE PROVIDED FREE TO SURROUNDING VILLAGES. THE PROJECT ALSO PROVIDES MICRO-LOANS TO ORGANIZED GROUPS TO HELP THEM START COTTAGE INDUSTRIES OR OTHER USES DEPENDING ON REQUEST FROM COMMUNITY AND AVAILABILITY OF FUNDING. AS OF SEPTEMBER 2024 WE ARE NO LONGER SUPPORTING DENAN IN ETHIOPIA AS THE COMMUNITY IS NOW SELF-SUSTAINING.

Program 2
Expenses: $61,287

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...

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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. THE HEALTH MINISTRY HAS SINCE TAKEN OVER THIS LOCATION AND THE PROJECT IS NO LONGER SUPPORTING THIS LOCATION. IN 2019 THE PROJECT ESTABLISHED A FREE BOARDING SCHOOL IN URATARI PERU IN ORDER TO GIVE CHILDREN FROM SMALL SURROUNDING TOWNS, WHERE THERE ARE NO HIGH SCHOOLS, AN OPPORTUNITY TO RECEIVE A HIGHER EDUCATION. IN AUGUST 2024, A NEW HEALTH CENTER WAS OPENED IN CUSIBAMBA WHICH PROVIDES MEDICAL AND DENTAL CARE, EDUCATION AND MEDICAL OUTREACH PROGRAMS, AND PROVIDES MICRO-LOANS TO ORGANIZED GROUPS TO HELP THEM START COTTAGE INDUSTRIES.

Program 3
Expenses: $2,488

MONGOLIA - SINCE OCTOBER 2011, THE PROJECT HAS PROVIDED FUNDING AND MEDICAL EQUIPMENT TO A HOSPITAL IN TARIAT, ARKHANGAI PROVINCE, AND SINCE 2015 TO AN ADDITIONAL HOSPITAL IN ERDENEMANDAL, ALSO IN...

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MONGOLIA - SINCE OCTOBER 2011, THE PROJECT HAS PROVIDED FUNDING AND MEDICAL EQUIPMENT TO A HOSPITAL IN TARIAT, ARKHANGAI PROVINCE, AND SINCE 2015 TO AN ADDITIONAL HOSPITAL IN ERDENEMANDAL, ALSO IN ARKHANGAI. SUPPORT INCLUDES EQUIPMENT AND TRAINING FOR DOCTORS IN CARDIOLOGY, PEDIATRICS, INTERNAL MEDICINE, ANESTHESIOLOGY, DENTISTRY, AND PUBLIC HEALTH, AS WELL AS FUEL FOR HEALTHPOST DOCTORS VISITING REMOTE HERDER ENCAMPMENTS. SINCE 2022, THE PROJECT HAS ALSO SUPPORTED CHANDMANI HOSPITAL IN GOBI-ALTAI, THE COUNTRY'S POOREST PROVINCE, PROVIDING MEDICAL AND DENTAL EQUIPMENT AND FUNDING FOR AN AMBULANCE TO ENHANCE EMERGENCY CARE. IN 2024, THE PROJECT EXTENDED ASSISTANCE TO ZAVKHAN PROVINCE, THE COLDEST REGION IN MONGOLIA, THROUGH A NEW DENTAL CLINIC AT TUDEVTAI HOSPITAL. IN BOTH TARIAT AND CHANDMANI, THE PROJECT ALSO SUPPORTS MEDICAL CLUBS AT LOCAL HIGH SCHOOLS TO ENCOURAGE STUDENTS INTERESTED IN HEALTH CARE CAREERS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $229,574
Program Service Revenue $0
Investment Income $7,115
Other Revenue $0
TOTAL REVENUE $236,689

Expense Breakdown

Grants Paid $191,337
Salaries & Benefits $0
Fundraising Expenses $3,999
Program Expenses $191,337
Other Expenses $18,904
TOTAL EXPENSES $210,241

Year-over-Year Comparison

2024 2023 Change
Revenue $236,689 $288,090 -0.2%
Expenses $210,241 $229,901 -0.1%
Net Income $26,448 $58,189 -0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
9
Independent Members
9
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICHARD YOUNG PRESIDENT, DIRECTOR 12.00
Officer Director
$0 $0 $0
MARK GENEST DIRECTOR 0.50
Director
$0 $0 $0
ALICE NORWICK SECRETARY, DIRECTOR 2.00
Officer Director
$0 $0 $0
TRACI MORRIS TREASURER, DIRECTOR 3.00
Officer Director
$0 $0 $0
HARRIET WASHTON DIRECTOR 0.50
Director
$0 $0 $0
ELAINE RUBINSON DIRECTOR 0.50
Director
$0 $0 $0
PETER JEPSEN DIRECTOR 1.00
Director
$0 $0 $0
JEAN SHIN DIRECTOR 3.00
Director
$0 $0 $0
JARRET SCHECTER VICE PRESIDENT, DIRECTOR 2.00
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $236,689 $210,241 $726,602 $26,448
2023 $288,090 $229,901 $698,372 $58,189
2022 $305,898 $323,199 $656,899 $-17,301
2021 $377,019 $298,469 $666,446 $78,550
2020 $286,113 $225,362 $591,177 $60,751
2019 $221,492 $319,562 $533,865 $-98,070
2018 $375,987 $312,230 $655,381 $63,757
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