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Nonprofiteer
← RET AMERICAS INC

Form 990 for tax year 2022

Filed by RET AMERICAS INC.

Totals

Total revenue
$1,318,441
Total expenses
$1,312,450
Contributions and grants received
$1,318,441
Grants paid
$0
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$390,186
Total liabilities, end of year
$407,994
Net assets or fund balances, end of year
-$17,808
Program services expenses (Part IX)
$1,237,337
Management and general expenses
$75,113
Fundraising expenses
$0
Program service expenses (Part III)
$1,237,337

Program services were 94.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $1,318,441

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $94,252 · program services $94,252

  • 10 · Payroll taxes

    total $32,796 · program services $32,796

  • 11b · Fees: legal

    total $835 · management and general $835

  • 11c · Fees: accounting

    total $4,500 · management and general $4,500

  • 11g · Fees: other

    total $61,853 · program services $1,853 · management and general $60,000

  • 13 · Office expenses

    total $21,369 · program services $15,948 · management and general $5,421

  • 16 · Occupancy

    total $43,582 · program services $43,582

  • 17 · Travel

    total $11,312 · program services $10,553 · management and general $759

  • 24a · Other expenses: OTHER EDUC. EXPENSES

    total $1,041,791 · program services $1,038,193 · management and general $3,598

  • 24b · Other expenses: EXPEND. EQUIP.

    total $160 · program services $160

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $239,393 · end of year $344,463

  • 4 · Accounts receivable

    beginning of year $28,345 · end of year $24,092

  • 15 · Other assets

    beginning of year $568,578 · end of year $21,631

  • 17 · Accounts payable and accrued expenses

    beginning of year $130,102 · end of year $60,642

  • 19 · Deferred revenue

    beginning of year $570,840 · end of year $321,755

  • 25 · Other liabilities

    beginning of year $0 · end of year $25,597

  • 27 · Net assets without donor restrictions

    beginning of year $133,512 · end of year -$19,670

  • 28 · Net assets with donor restrictions

    beginning of year $1,862 · end of year $1,862

Mission and programs · 2022

Mission

RET AMERICAS' MISSION IS TO ALLEVIATE SUFFERING AND CATALYZE SUSTAINABLE DEVELOPMENT IN CRISIS, CONFLICTS, AND FRAGILE CONTEXTS. WE ENVISION A WORLD IN WHICH VULNERABLE YOUNG PEOPLE OVERCOME MULTIDIMENSIONAL ADVERSITIES AND ARE ENABLED TO LEAD THEIR JOURNEY TOWARDS REBUILDING MORE RESILIENT AND PEACEFUL COMMUNITIES.

Activities or mission (Part I)

SEE PART III, LINE 1.

  • WE BELIEVE WE ARE AMONGST THE LEADING NGOS TO PROVIDE TAILOR-MADE SOLUTIONS AND RELEVANT PROGRAMS TO BRIDGE THE GAPS AND RESPOND TO THE REAL NEEDS AND CHALLENGES OF THE COMMUNITIES. OUR AIM IS TO PROVOKE SIGNIFICANT POSITIVE CHANGE, ENABLING PARTICULARLY VULNERABLE YOUTH AND YOUNG WOMEN TO TAKE CONTROL OF THEIR LIVES AND FULFILL THEIR SOCIAL AND ECONOMIC RIGHTS.RET FOCUSES PRIMARILY ON THE TWO PILLARS OF YOUTH AND WOMEN, AS THEY REPRESENT AMONG THE MOST VULNERABLE POPULATIONS DURING CRISES, AS WELL AS THE GREATEST VECTORS OF POSITIVE SOCIAL CHANGE.WE BELIEVE OUR HUMANITARIAN ACTIONS DURING EMERGENCIES, IN PROTRACTED CRISES, AND IN FRAGILE CONTEXTS CAN ALLEVIATE THE DEEPEST SUFFERINGS AND CAN BUILD PEOPLE'S RESILIENCE AND ENHANCE THEIR SELF-RELIANCE. WE STAND WITH PEOPLE, WITH REFUGEES, RETURNEES, MIGRANTS AND INTERNALLY DISPLACED PERSONS (IDP'S), ALONGSIDE THE HOST COMMUNITIES ADOPTING THE FUNDAMENTAL PRINCIPLES OF HUMANITY, IMPARTIALITY, NEUTRALITY, AND INDEPENDENCE.DURING THE 12 MONTHS ENDING 31 DECEMBER 2022, RET AMERICAS WAS ENGAGED IN FOUR PROJECTS, ALL BASED IN PERU. ALL OF THESE PROJECTS INVOLVED WORKING WITH VULNERABLE POPULATIONS, INCLUDING ONE PROJECT FUNDED BY THE INTERNATIONAL RESCUE COMMITTEE (IRC) THAT WAS FOCUSED ON MITIGATING THE ONGOING IMPACT OF THE COVID-19 PANDEMIC WHICH WAS A SIGNIFICANT ADDITIONAL AND UNWELCOME BURDEN TO A VULNERABLE MIGRANT REFUGEE POPULATION ALREADY STRUGGLING TO SECURE BASIC NEEDS SUCH AS FOOD, HOUSING, CLOTHING AND MEDICAL CARE; IN ADDITION, FOR THE GIRLS, BOYS AND ADOLESCENTS IN THIS GROUP, THE PANDEMIC MADE IT EVEN MORE DIFFICULT FOR THEM TO CONTINUE THEIR EDUCATION. IN 2022 RET AMERICAS HAD TWO PROJECTS IN PERU ADMINISTERED BY UNICEF WITH FUNDING PROVIDED BY "EDUCATION CANNOT WAIT" (ECW), A GLOBAL FUND INTENDED TO PROVIDE CHILDREN AND YOUTH IN ARMED CONFLICTS, FORCED DISPLACEMENT AND PROTRACTED CRISES WITH THE SAFETY, HOPE AND OPPORTUNITY OF AN EDUCATION. THESE PROJECTS WERE DESIGNED TO PROMOTE INCLUSIVE EDUCATION WITH EQUAL OPPORTUNITIES FOR MIGRANT AND REFUGEE CHILDREN, ADOLESCENTS AND HOST COMMUNITIES IN PERU. FOR MOST PROJECTS RET AMERICAS HAS 10 TO 20 EMPLOYEES BASED IN EACH PROJECT LOCATION, INCLUDING HIGHLY TRAINED STAFF FAMILIAR WITH THE COMPLEX AND DELICATE TASK OF WORKING WITH YOUTH WHO HAVE IN SOME CASES SUFFERED MULTIPLE TRAUMAS AS A RESULT OF CONFLICTS AND OTHER DISLOCATING FACTORS ENTIRELY OUTSIDE THEIR CONTROL. THE CRITICAL WORK OF THESE FIELD STAFF IS SUPPLEMENTED AS NECESSARY BY OTHER COMPANY SPECIALISTS BASED IN THE REGIONAL OFFICE IN PANAMA OR THE COMPANY'S HQ IN SWITZERLAND. THE COSTS ASSOCIATED WITH THESE PROGRAMS ARE THEREFORE PRIMARILY STAFF COSTS, EDUCATIONAL EXPENSES INCLUDING THE COSTS OF HIRING OUTSIDE CONSULTANTS AND TRAVEL COSTS.

    Expenses $1,237,337

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Zeynep G Gunduz

    CHAIRMAN, PRESIDENT & CEO

    Total calculated
    $363,237
    From this org
    $0
    From related orgs
    $297,800
    Other
    $65,437
    Hours/week
    1 + 28 related

    Schedule J breakdown matched by us

    Base
    $0 + $297,800 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $65,437 related
    Nontaxable benefits
    $0
    Filer's total
    $0 + $363,237 related
  • James Russo

    TREASURER

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Alan P Dye

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • Anne-Shelton Aaron

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • R Mannaert

    V.P. & MANAGING DIRECTOR

    Total calculated
    $223,754
    From this org
    $0
    From related orgs
    $204,190
    Other
    $19,564
    Hours/week
    21 + 19 related

    Schedule J breakdown matched by us

    Base
    $0 + $204,190 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0 + $19,564 related
    Filer's total
    $0 + $223,754 related
  • M Muriithi Njagi

    CHIEF FINANCIAL OFFICER

    Total calculated
    $145,950
    From this org
    $0
    From related orgs
    $141,450
    Other
    $4,500
    Hours/week
    8 + 32 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 3
RET AMERICAS, INC. RELIES ON A RELATED ORGANIZATION, RET INTERNATIONAL, TO DETERMINE COMPENSATION. THE RELATED ORGANIZATION USED THE FOLLOWING PROCEDURES TO DETERMINE COMPENSATION: COMPENSATION SURVEY OR STUDY APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • RET INTERNATIONAL

    FOREIGN FOUNDATION · SEE PART VII. · SZ

  • RET GERMANY EV

    FOREIGN FOUNDATION · SEE PART VII. · GM · controlled entity

    Directly controlled by RET INTERNATIONAL

Provenance

Return type
form_990
Tax year
2022
Filed
14 November 2023
IRS schema version
2022v5.0
Source object
202323189349311627

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