2024-05-15T16:52:03-04:00 2023-06-30 461536238 MELLOR & ASSOCIATES PLLC 668 E 12225 S STE 104 DRAPER UT 84020 990 2022-07-01 431536498 MENTORS INTERNATIONAL MENT 8016767776 290 NORTH FLINT STREET SUITE A KAYSVILLE UT 84037 PETER STURGEON CEO 8016767776 2024-04-18 true PETER STURGEON XXX-XX-XXXX false JUSTIN D MELLOR P01063288 8017500605 2024-05-15 2022 2023-04-26 12:10:37Z X PETER STURGEON 4196539 false X MENTORSINTERNATIONAL.ORG X 1990 MO EMPOWERING THE WORLD'S POOR TO GROW IN SELF-RELIANCE THROUGH PERSONAL AND BUSINESS MENTORING AND ACCESS TO FINACIAL SERVICES. 10 10 11 500 0 3614554 4088870 0 83196 69245 -5491 -20277 3692259 4137838 576082 643097 0 1405482 2108312 0 244600 984934 1505611 2966498 4257020 725761 -119182 6213618 6855808 479063 934141 5734555 5921667 X EMPOWERING THE WORLD'S POOR TO GROW IN SELF-RELIANCE THROUGH PERSONAL AND BUSINESS MENTORING AND ACCESS TO FINANCIAL SERVICES. false false 3853403 643097 SINCE ITS INCEPTION IN 1990, MENTORS INTERNATIONAL HAS BEEN A BEACON OF HOPE THROUGHOUT THE WORLD. OUR EFFORTS HAVE NOT ONLY LIFTED INDIVIDUALS AND FAMILIES OUT OF POVERTY, BUT ALSO SET THEM ON A TRANSFORMATIVE PATH TOWARD SELF-RELIANCE AND GREATER PROSPERITY. IN THE REPORTING PERIOD OF FY 2023, WE CONTINUED THIS JOURNEY, MENTORING 16,777 INDIVIDUALS IN 14 DEVELOPING COUNTRIES. WE EMPOWERED THEM TO TAKE CONTROL OF THEIR LIVES AND FUTURES THROUGH PERSONALIZED MENTORING, BUSINESS AND VOCATIONAL TRAINING, AND MICRO-LENDING. A TOTAL OF 33,057 TAILORED BUSINESS MENTORING SESSIONS WERE PROVIDED TO NECESSITY ENTREPRENEURS. FOR EVERY THREE BUSINESSES MENTORED, ONE NEW JOB WAS CREATED. WHEN NEEDED, OUR MICRO-LENDING PROGRAM HELPED SUPPORT THESE ENTREPRENEURS TO GROW THEIR BUSINESSES TO THE NEXT LEVEL. DURING FY 2023, 4,433 MICRO-LOANS AMOUNTING TO 1,866,977 WERE LENT OUT. NOTABLY, 83% OF THESE LOANS WERE DIRECTED TO WOMEN ENTREPRENEURS. IN ADDITION TO OUR MICRO-BUSINESS PROGRAMS, WE PROVIDED JOB-FOCUSED VOCATIONAL TRAINING TO 6,011 STUDENTS. 71% OF THESE GRADUATES WERE WOMEN. THESE STUDENTS, IN TURN, CONTRIBUTED 194,871 HOURS OF MEANINGFUL COMMUNITY SERVICE ON BEHALF OF MENTOR INTERNATIONAL TO PAY FOR THE EDUCATION AND TRAINING THEY RECEIVED. DURING THIS REPORTING PERIOD, THE INDIVIDUALS SERVED BY MENTORS INTERNATIONAL EXPERIENCED NOTABLE FINANCIAL GROWTH, WITH AN AVERAGE INCOME INCREASE OF 29%, A 62% RISE IN PERSONAL SAVINGS, AND A 37% REDUCTION IN CONSUMER DEBT. MENTORS INTERNATIONAL EXPRESSES GRATITUDE FOR THE GENEROUS DONATIONS WE'VE RECEIVED, AS THEY HAVE EMPOWERED US TO FOSTER SIGNIFICANT AND LASTING IMPROVEMENTS IN THE LIVES AND COMMUNITIES WE SUPPORT. 3853403 true true false false false false false false false true true false false false true false true false false false true true false false true false false false false false false false false false false false false false true false false false false false false false false true 0 0 11 true false false false false false false false false X 10 10 false false false false false false false true true false false true true true true true true true true false X X MELLOR & ASSOCIATES PLLC 8017500605 688 E 12225 S STE 104 DRAPER UT 84020 CURTIS BEELSEY PRESIDENT 40.00 X 114560 0 0 PETER STURGEON CEO 40.00 X 0 0 0 DEVIN BUSBY COO 40.00 X 0 0 0 PHILLIP WEBB DIRECTOR OF 40.00 X 0 0 0 CURTIS OSCARSON BOARD CHAIR 1.00 X 0 0 0 DANIEL GUNNELL DIRECTOR 1.00 X 0 0 0 ELIZABETH MUMFORD DIRECTOR 1.00 X 0 0 0 JED STEVENSON DIRECTOR 1.00 X 0 0 0 BRODY HOLBROOK DIRECTOR 1.00 X 0 0 0 STEVE ANDERSEN DIRECTOR 1.00 X 0 0 0 REBECCA CLYDE DIRECTOR 1.00 X 0 0 0 BILL LOW DIRECTOR 1.00 X 0 0 0 BRUCE HOUGH DIRECTOR 1.00 X 0 0 0 JUSTIN MELLOR CFO 6.00 X 0 0 0 114560 1 false false false MELLOR & ASSOCIATES 668 E 12225 S 104 DRAPER UT 84020 ACCOUNTING 110000 1 180623 3908247 31770 4088870 69245 69245 38424 180623 58701 -20277 -20277 4137838 48968 643097 643097 114559 102291 4376 7892 1993753 1668936 140892 183925 10127 9115 506 506 24148 21626 1153 1369 100297 94300 332 5665 90755 72604 18151 69803 69049 126 628 87484 81022 3231 3231 374167 367919 6248 201146 179504 21642 82337 82337 5625 5063 281 281 PROJECT CATALYST COSTS 230272 230272 FOREIGN OPERATING COSTS 210432 209870 562 BANK FEES 19018 16398 1310 1310 4257020 3853403 159017 244600 3306953 744164 2705530 18776 34046 3500 30231 129698 1102691 479115 272436 623576 2533814 2581722 84980 6213618 6855808 479063 887814 46327 479063 934141 X 2304840 2694979 3429715 3226688 5734555 5921667 6213618 6855808 -119182 306294 X false true X true false X 1394324 3849102 4222187 3614554 4088870 17169037 1394324 3849102 4222187 3614554 4088870 17169037 2767641 14401396 1741 14691 18809 83196 69245 187682 64556 64556 17421275 38424 0.82670 0.78890 X PART II, LINE 10 64,556 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2047240 35000 173078 151950 2196396 2047240 false false 1102691 479115 623576 623576 CURRENT PORTION OF OPERATING LEASE 30509 LONG TERM PORTION OF OPERATING LEASE 15818 46327 4444132 306294 306294 4137838 4137838 4257020 4257020 4257020 true SUB-SAHARAN AFRICA GRANT MAKING 10000 CENTRAL AMERICA & THE CARIBBEAN GRANT MAKING 142205 SOUTH ASIA GRANT MAKING 13000 SOUTH AMERICA GRANT MAKING 123354 MEXICO GRANT MAKING 354538 643097 643097 AFRICA GRANT 10000 WIRE TRANSFER CENTRAL A - GRANT 142205 WIRE TRANSFER SOUTH ASIA GRANT 13000 WIRE TRANSFER SOUTH AMER - GRANT 123354 WIRE TRANSFER MEXICO GRANT 354538 WIRE TRANSFER false false false false false false SCHEDULE F, PAGE 1, PART I, LINE 2 MENTORS INTERNATIONAL MAINTAINS EXPENDITURE CONTROL OVER ITS GRANTS, PROJECTS, AND ACTIVITIES BY HAVING BOARD CONTROL OVER EACH OF THE AFFILIATE PARTNER ORGANIZATIONS IT HELPED TO ESTABLISH AND ORGANIZE. PARTNER ORGANIZATIONS ARE VISITED AT LEAST TWICE EACH YEAR TO AUDIT THEIR POLICIES AND PROCEDURES, VERIFY CLIENT BUSINESSES, MEET THE ENTREPRENEURS THAT ARE BEING ASSISTED THROUGH MICRO-LENDING, AND CONDUCT REGULAR TRAINING WITH LOCAL STAFF AND OFFICERS. EACH AFFILIATE PARTNER IS EXPECTED TO HAVE AN EXTERNAL AUDIT OF ITS ACCOUNTING PROCESSES AND GENERAL LEDGER CONDUCTED IN ACCORDANCE TO US GAAP. MANAGEMENT MONITORS PARTNER REVENUES, EXPENDITURES, AND KEY PERFORMANCE INDICATORS FROM ITS HEADQUARTERS. MENTORS INTERNATIONAL PROVIDES LEADERSHIP BY GIVING PARTNERS GUIDANCE, SUPPORT, AND DIRECTION. SCHEDULE F, PAGE 1, PART I, LINE 3 SUB-SAHARAN AFRICA 10,000 0 CENTRAL AMERICA & THE CARIBBEAN 142,205 0 SOUTH ASIA 13,000 0 SOUTH AMERICA 123,354 0 MEXICO 354,538 0 FALL GALA 219047 180623 38424 58701 219047 180623 38424 58701 58701 -20277 X 1 31770 false false false FORM 990, PAGE 2, PART III, LINE 4A SINCE ITS INCEPTION IN 1990, MENTORS INTERNATIONAL HAS BEEN A BEACON OF HOPE THROUGHOUT THE WORLD. OUR EFFORTS HAVE NOT ONLY LIFTED INDIVIDUALS AND FAMILIES OUT OF POVERTY, BUT ALSO SET THEM ON A TRANSFORMATIVE PATH TOWARD SELF-RELIANCE AND GREATER PROSPERITY. IN THE REPORTING PERIOD OF FY 2023, WE CONTINUED THIS JOURNEY, MENTORING 16,777 INDIVIDUALS IN 14 DEVELOPING COUNTRIES. WE EMPOWERED THEM TO TAKE CONTROL OF THEIR LIVES AND FUTURES THROUGH PERSONALIZED MENTORING, BUSINESS AND VOCATIONAL TRAINING, AND MICRO-LENDING. A TOTAL OF 33,057 TAILORED BUSINESS MENTORING SESSIONS WERE PROVIDED TO NECESSITY ENTREPRENEURS. FOR EVERY THREE BUSINESSES MENTORED, ONE NEW JOB WAS CREATED. WHEN NEEDED, OUR MICRO-LENDING PROGRAM HELPED SUPPORT THESE ENTREPRENEURS TO GROW THEIR BUSINESSES TO THE NEXT LEVEL. DURING FY 2023, 4,433 MICRO-LOANS AMOUNTING TO 1,866,977 WERE LENT OUT. NOTABLY, 83% OF THESE LOANS WERE DIRECTED TO WOMEN ENTREPRENEURS. IN ADDITION TO OUR MICRO-BUSINESS PROGRAMS, WE PROVIDED JOB-FOCUSED VOCATIONAL TRAINING TO 6,011 STUDENTS. 71% OF THESE GRADUATES WERE WOMEN. THESE STUDENTS, IN TURN, CONTRIBUTED 194,871 HOURS OF MEANINGFUL COMMUNITY SERVICE ON BEHALF OF MENTOR INTERNATIONAL TO PAY FOR THE EDUCATION AND TRAINING THEY RECEIVED. DURING THIS REPORTING PERIOD, THE INDIVIDUALS SERVED BY MENTORS INTERNATIONAL EXPERIENCED NOTABLE FINANCIAL GROWTH, WITH AN AVERAGE INCOME INCREASE OF 29%, A 62% RISE IN PERSONAL SAVINGS, AND A 37% REDUCTION IN CONSUMER DEBT. MENTORS INTERNATIONAL EXPRESSES GRATITUDE FOR THE GENEROUS DONATIONS WE'VE RECEIVED, AS THEY HAVE EMPOWERED US TO FOSTER SIGNIFICANT AND LASTING IMPROVEMENTS IN THE LIVES AND COMMUNITIES WE SUPPORT. FORM 990, PAGE 6, PART VI, LINE 11B THE DRAFT FORM IS FIRST REVIEWED BY MANAGEMENT STAFF. THEREAFTER THE DRAFT FORM IS REVIEWED WITH THE ORGANIZATION'S AUDIT/FINANACE COMMITTEE. THE AUDIT/FINANCE COMMITTEE APPROVES THE FINAL DRAFT. THE APPROVED DRAFT IS THEN PRESENTED TO EACH MEMBER OF THE BOARD. FORM 990, PAGE 6, PART VI, LINE 12C AN ANNUAL SURVEY IS SUBMITTED TO THE BOARD BY EACH OFFICE, DIRECTOR, AND KEY EMPLOYEE, WHICH IS THEN DOCUMENTED IN THE MINUTES. FORM 990, PAGE 6, PART VI, LINE 15A THE COMPENSATION OF ALL EMPLOYEES IS ESTABLISHED BASED ON COMPARISONS WITH PUBLISHED REGIONAL AND NATIONAL WAGE SURVEYS. THESE SURVEYS ARE PROVIDED TO THE BOARD OF DIRECTORS' COMPENSATION COMMITTEE TO PROPOSE EMPLOYEE COMPENSATION. PROPOSED COMPENSATION IS THEN PROVIDED TO THE COMPLETE BOARD OF DIRECTORS FOR FINAL APPROVAL. FORM 990, PAGE 6, PART VI, LINE 15B THE COMPENSATION OF ALL EMPLOYEES IS ESTABLISHED BASED ON COMPARISONS WITH PUBLISHED REGIONAL AND NATIONAL WAGE SURVEYS. THESE SURVEYS ARE PROVIDED TO THE BOARD OF DIRECTORS' COMPENSATION COMMITTEE TO PROPOSE EMPLOYEE COMPENSATION. PROPOSED COMPENSATION IS THEN PROVIDED TO THE COMPLETE BOARD OF DIRECTORS FOR FINAL APPROVAL. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS AND FORM 1023 ARE AVAILABLE UPON REQUEST. ANNUAL AUDITED FINANCIAL STATEMENTS AND FORM 990 ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE.