The Boma Project, Inc.
The Boma Project, Inc.
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About this organization
Mission
The Boma Project empowers women in the drylands of Africa to establish sustainable livelihoods, build resilient families, graduate from extreme poverty and catalyze change in their rural communities.
About
The Rural Entrepreneur Access Project ('REAP') is an innovative, data driven, high-impact, gender focused poverty graduation program that targets ultra-poor women at the epicenter of extreme poverty, climate change and the true 'last mile' of economic and social-isolation. Through a two-year process of sequenced interventions - including a cash transfer to start a small business, financial and life skills training, mentoring, and a savings program - REAP helps the poorest and most vulnerable women establish savings to build their resilience to shocks and lift themselves and their families out of extreme poverty. On average, 96% of women 'graduate' from extreme poverty based on Boma's strict criteria, meaning they have food for their children, diversified income and savings, and the ability to pay for life-changing resources like education and medical care.
Interesting data from their 2020 990 filing
The filing sets forth the mission of the non-profit as “The boma project empowers women in the dry lands of africa to establish sustainable livelihoods, build resilient families, graduate from extreme poverty and catalyze change in their rural communities.”.
When detailing its responsibilities, they were listed as: “The boma project empowers women in the dry lands of africa to establish sustainable livelihoods, build resilient families, graduate from extreme poverty and catalyze change in their rural communities.”.
- The state in which the non-profit is legally permitted to operate is VT.
- The address of the non-profit for 2020 according to the filing is PO BOX 1865, MANCHESTER CENTER, VT, 05255.
- The number of employees reported by the non-profit on their form as of 2020 is 12.
- Does not operate a hospital.
- Does not operate a school.
- Does not collect art.
- Does not provide credit counseling.
- Has foreign activities.
- Is not a donor advised fund.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is -$308,877.
- The CEO compensation structure within the organization is based on a review and approval from a neutral party.
- The organization has a written policy that describes how long it will retain documents.
- The organization has 7 independent voting members.
- The organization was formed in 2005.
- The organization has a written policy that addresses conflicts of interest.
- The organization is required to file Schedule B.
- The organization is required to file Schedule J.
- The organization is required to file Schedule O.
- The organization pays $1,041,338 in salary, compensation, and benefits to its employees.
- The organization pays $255,085 in fundraising expenses.
- The organization provides Form 990 to its governing body.
- The organization has minutes of its meetings.
- The organization has a written whistleblower policy.
- The organization's financial statements were reviewed by an accountant.
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