From the EXECUTIVE DIRECTOR TRANSFORMED

ive Talents helps the world’s earnings for their children, the poorest families escape results are healthier families, Fpoverty. Partnering with strong and sustainable commu- churches around the world, we nities, and vibrant and growing train men and women, mostly churches. desperately poor women, to form savings groups, take out loans, and Transforming Lives VISION build their own businesses. We are excited to see how many Five Talents’ vision is to new entrepreneurs have had the eradicate extreme poverty Serving the World’s Most Poor courage to change their lives. by restoring human dignity The majority of Five Talents Thanks to generous supporters, over one million children today and creating strong, members live on less than $1.90 per day. Many of our members didn’t have opportunities their parents sustainable communities. have access to school or left school never dreamed of. As you at the elementary level, so the review our Annual Report, I financial literacy and business-skills invite you to meet some of MISSION training Five Talents provides is Five Talents empowered Transforming lives essential to the success of their entrepreneurs and to discover the through economic empowerment. small businesses. impact your partnership makes.

It may seem surprising, but even INSPIRATION the poorest people can save a Dale Stanton-Hoyle Five Talents is inspired by the little each week, start a tiny Executive Director biblical Parable of the Talents (which teaches business, and begin to fulfill their God-given potential. Because that we should all work to multiply the Below: During a literacy class most of the participants use their resources we are given) and the call of Jesus to graduation in . minister good news to the poor.

Page 1

WHERE WE WORK

Over the past twenty years, During 2019, Five Talents Five Talents has been privileged served communities in to work with partners in 21 nine countries and expanded countries. Our calling is to serve to new areas in South Sudan, extremely poor, risky, and hard , Myanmar, and the to reach areas where there is Democratic Republic of Congo. often limited access to roads, One of our local leaders said: water, electricity, and financial “There are almost no other 80% services. groups serving in my region.” of those we’ve reached have been women In remote rural villages, urban Five Talents goes where others slums, and post-conflict com- don’t. munities, Five Talents walks alongside local churches and local leaders. We have learned so much through these friends. >1,361,000 people have benefitted from the ministry of Five Talents

81% ACTIVE PARTNERSHIPS of members report increased household income Bolivia DR Congo Indonesia Kenya Myanmar South Sudan Page 2 Page 3

Getting to work STEP ONE Outreach & OUR APPROACH group formation

Poverty is complex, and its impact what they can - often as little STEP SEVEN STEP TWO can be devastating. The poor- as 50 cents per week. By est families suffer malnutrition, pooling their funds together, the Groups Training in disease, and early death. They savings groups provide a graduate as literacy, lack access to education, clean foundation for economic self-sustaining numeracy and water, affordable healthcare, development within each business skills adequate housing, and justice. community. Our programs address these Groups appoint their own needs through a special type of STEP SIX STEP THREE micro-finance. leaders and assign roles - often a treasurer, secretary, and Members earn After 6 months So, how does it actually work chairperson. During the group interest on of saving, around the world? meetings, savings are counted their savings members can and publicly recorded. apply for a loan At the heart of our approach are community savings groups. Five After six months of savings, Talents partners with churches to members can apply for loans to STEP FIVE STEP FOUR form small groups of neighbors start and grow their own small businesses. Then members New entrepreneurs Some members take who agree to save together and repay loans out loans at rates offer each other loans. repay their loans with a low interest rate set by the group. determined by the group In many remote communi- As the groups’ savings grow, ties, women have not had the the funds available to build their opportunity to go to school. So businesses also grow. Across Five Talents starts by our programs 95% of loans are helping the most poor learn repaid on time. how to read and write, and to count and make change. Group members also learn how to plan and manage their finances and how to start and grow small businesses. The members use their own resources and save

Page 4 “We can do more when we save together.” A Five Talents savings group meets in Karamoja, Uganda. From the CHAIRMAN EMPOWERED The little things we do can have a huge impact. I’ve ~95% had the privilege of visiting with Five Talents entrepreneurs Repayment rate on member loans around the world, and I’m always impressed by their creativity and dedication. These women and men start with very limited resources, but they learn to use their God-given talents to multiply and grow what they’ve been given.

In this Annual Report we feature five stories from entrepreneurs in five different countries. As you’ll see, each story is different, but the results are often the same. Those who go through Five Talents training and savings programs report transformed lives. They are 106,100 able to provide for their families and experience a new sense of Members served during 2019 hope, freedom, and dignity. (FTUSA)

During the 2019 fiscal year, your partnership with Five Talents empowered over 100,000 families in nearly 2,500 extremely poor communities. These are places that are largely unreached by banks and other financial services. Your support helped to mobilize over $1 million in these communities - money that local residents saved for themselves in small groups of neighbors and friends. These savings groups have now collectively given out over 180,000 loans, recycling and growing their funds to create over 40,000 new businesses in their communities.

At Five Talents we’ve started small, but we are seeing incredible growth. Thank you for partnering with Five Talents to transform lives through economic empowerment.

Jim Oakes Board Chairman

Page 8 Page 9

Member Spotlight

FRIDA Burundi

SINCE JOINING THE PROGRAM MY LIFE HAS CHANGED. “ GOD HAS TRANSFORMED MY LIFE IN HOW I PLAN AND HOW I BEHAVE. IN MY COMMUNITY, I WAS CHOSEN AS A LOCAL LEADER AND A COUNSELOR. AS A Dignity Matters WIDOW, I HAVE FINALLY BUILT As a widow and a very poor of a godly woman and mother.” mother, Frida didn’t know MY OWN HOUSE AND MY how to provide for her three Frida was offered a loan from her kids. She turned to alcohol group and began to buy and sell CHILDREN HAVE CONTINUED and prostitution to survive. beans, peanuts, avocadoes, and Frida confesses that her children tomatoes. Over time she stopped THEIR STUDIES.” often went hungry and were drinking and made a decision to quit traumatized by her lifestyle. prostitution and join the church. FRIDA, BURUNDI

Through a local church, Today, Frida is a community leader Frida learned about Five and counsels other women in need. Talents and decided to join Her business has grown, and she has a small group of women. been able to build her own house “I became transformed”, she says, and purchase a goat. Her children are “in learning about prayer, how to now in school, and Frida takes pride plan a business, and the qualities in being a good mom. Page 11 2019 HIGHLIGHTS Member Spotlight CATALINA 2019 was a fantastic year for Five Bolivia Talents. Thanks to friends like you, Five Talents expanded into three we’ve been able to serve families in new areas in Western Kenya. nine countries with skills and tools And we’ve seen strong growth to escape poverty. Here are some in literacy classes in Karamoja, of the highlights: Uganda. Meanwhile, our micro- finance program in Tanzania has Five Talents’ ministry in Burundi successfully moved to digital continued to grow and has served record keeping and mobile over 50,000 members, reaching money savings and loans. all major regions of the country. Through our partnership with the Trainers in Bolivia worked with Anglican Church of Burundi, we 20 savings groups and helped served 90 different communities over 200 entrepreneurs with and started 90 new literacy groups business mentoring and training. and 114 new savings groups. In Myanmar, Five Talents led workshops with clergy and Despite the nearby Ebola outbreak, Growing Faith and Talent in the Democratic Republic of church leaders from the across Congo we helped to equip 28 the nation. And our savings pro- After Catalina’s husband now an apartment complex and she trainers and establish 60 literacy grams continue to grow in rural died, she spent years selling rents out three rooms! circles. Classes are now ongoing and hard to reach areas. fruit in the streets. With her and over 1,300 participants are meagre earnings she was able “Many people ask me who is your enrolled. Five Talents keeps finding In Indonesia, Five Talents’ to build a small room to live in. dad so that you have managed to a way to work where others often partner, Gerhati, has registered At her church she learned about build all these things? And I tell you find it’s too difficult. as a nationally-chartered Five Talents and how to save and my father is very rich and his name cooperative, and is moving to grow her resources. is God. Since I met the Lord I have In South Sudan, Five Talents post-funding status. Through always seen my material needs expanded into two new areas, their dedication to serve the “When they taught us how to covered. I accomplished many things supporting literacy, trauma heal- last, the least, and the lost, they form our savings group, I felt with very little investment. I live with ing, and savings programs in Aweil are continuing to promote that this was the answer to my faith, because His word says that He and Renk. Thirty-six new savings initiatives, along economic needs and I joined with will take care of widows and orphans. groups formed in Wau, including with other community outreach a lot of faith.” I like my savings group because my five in displaced camps. In Juba, 24 in the greater Jakarta area. group helps me, and I also help communities of displaced families Today, Catalina’s income has others. We help each other to meet trained in literacy. grown, and she has started a new our material and spiritual needs.” business. Her one-room house is Page 12 Page 13 Member Spotlight

NAW YIN Myanmar

Sustainable Business Development Naw Yin Awe is a proud member Myanmar is one of the poor- of a Five Talents savings group in est countries in Southeast Myanmar. Alongside her husband, Asia with an average annual she runs several small businesses. income of about $1,200 per Over the past few years she has person. Development has been learned to grow these businesses hindered across the country using loans from her savings group. due to isolation, ethnic conflict, and natural disasters. Current- Today Naw Yin imports orchid ly only 26% of the population seedlings from Thailand, sells has access to electricity. Five teak-root furniture, and produces Talents serves rural communi- and sells organic cosmetics such ties in several regions of as soaps, cleansers, shampoo, Myanmar. and more.

Page 14 Page 15

A New Ministry: HEALING TRAUMA Member Spotlight SARAH South Sudan and DR Congo are In South Sudan Five Talents among the world’s most fragile serves many communities who South Sudan nations and have suffered decades have been displaced by war. of war and conflict. Residents con- Our programs have received tinue to grapple with emotional special permission from the and psychological trauma, even as United Nations to support groups they start to rebuild their lives and in certain UN settlements and communities. protection areas. Five Talents works with the Justice Peace and Following recommendations from Reconciliation Commission, and our overseas partners, Five this year we’ve started a new pro- Talents began incorporating trauma gram in the region of Renk near healing courses in parts of South the border with Sudan. Sudan and DR Congo. In these areas trauma healing is now the first component of Five Talents’ Below: Members of a literacy group ministry, followed by literacy, in South Sudan. savings, and business skills training.

“The training helped us to relieve the pain caused by war Building a Brighter Future and to forgive each other. We have been keeping these things in our hearts for too long.” - Serevina, South Sudan Sarah fled her home in South Sudan she came to Juba because of amidst fighting in 2015. While ina the fighting, she needed a way displaced community in the to support her family. So she capital of Juba, she joined a Five took a loan to kick-start a busi- Talents program to learn how to read, ness importing coffee, beans write, and save. She has been in a and peas from Uganda and savings group ever since. Sarah’s group selling them in the market. meets twice a month and has 20 members, all women. She joined the Now Sarah’s children are all group because she discovered that in school, and one is even she could do more together with other studying in another country. women. When she thinks of her group, she thinks of being able to Sarah has four children, ages 8 to 15, support her children. In the and she could not afford school fees, future, Sarah hopes to build her uniforms and books for them. When own house. Page 17

Member Spotlight

JOYCE

Uganda

I AM NOW ABLE TO FEED MY TWO GRANDCHILDREN WITH FRESH VEGETABLES FROM MY FARM. “ I USE INCOME FROM THE SALE OF VEGETABLES TO PAY FOR THEIR SCHOOL FEES AND MEDICAL CARE. I NO LONGER FEED THEM WITH JUST WILD FRUITS AND LEAVES DURING Empowering Leaders THE DRY SEASON LIKE WE HAVE Joyce is the Secretary of a Five because they see more value ALWAYS DONE IN THE PAST. Talents savings group in a remote in saving than some of the village in Uganda. She takes great men. They find the group I AM LUCKY AND BLESSED TO HAVE pride in helping lead the group, and empowering because it taught she sees herself as an example to other them how to handle and count JOINED THIS GROUP.” members. At 36 years old, she money, but it also gives them has two school-aged children. a place to safely store their Providing for them, and ensuring their money with other women so ALUELDIT, a savings group member future, is incredibly important to her. their husbands can’t take it!

Joyce earns an income for her Joyce hopes to take out a family by raising pigs. By selling one loan soon to create a better piglet, Joyce can feed her family for enclosure for her pigs. This will two weeks. Joyce’s group is mostly help her to raise more of them women - only a handful of men and add to her income. “The attend. The women in the group believe pigs are challenging, but I love this is due to perseverance, and what I do”, Joyce says. Page 19 FT USA Financials Foundation Based on Form 990 for the fiscal years ending June 30, 2019 and June 30, 2018. Support Non-Cash Donations INCOME 2019 2018 7% 6% Church Contributions Individual Contributions $663,506 $633,295 10% Church Contributions $101,161 $113,559 2019 Foundation Support $66,000 $61,523 INCOME Other Contributions* $103,782 $67,418 Other 10% Non-Cash Donations $62,356 $38,644 Contributions Subtotal Revenue $996,805 $914,439 67% Less Multi-Year Pledges** ($97,782) ($37,440) Net Revenue $899,023 $876,999 Individual * Other = Donor advised funds, investment, and other income. Contributions Management ** Pledges due beyond one year (net present value) and General

EXPENSES 2019 2018 10% Program Services $674,336 (75%)*** $671,657 (78%) Fundraising Fundraising/Outreach $135,055 (15%) $133,045 (15%) and Outreach 15% Management/General $90,726 (10%) $60,376 (7%) 2019 Program Total Expenses $900,117 $865,078 EXPENSES 75% Services

Net Assets, End of Year $323,442 $229,232

*** Note: Federal clarification of Generally Accepted Accounting Principles in 2019 resulted in most nonprofits re-allocating some expenses that had been considered part of program services. Financial Notes Five Talents USA is a member of the Five Our Commitment to You Talents International Family, which includes Worldwide Revenue sister organizations in the United Kingdom (FT USA and FT UK combined) Five Talents is committed to wise stewardship of its funding to and Kenya. FT USA was incorporated in the empower the world’s poor. We view every donation as a sacred Commonwealth of Virginia in March 1999 trust, and our programs operate with efficiency, transparency, and as a not-for-profit organization under 2015 $1,624,000 the highest standards of accountability. Our independently audited section 501(c)(3) of the Internal Revenue 2016 $1,675,000 accounts, external accreditations, and platinum rating attest to our Code. The office is located in Falls Church, 2017 $1,736,000 commitment. Virginia outside of Washington, D.C. Our federal 990 and audited financial 2018 $1,852,000 statements are available on our website. 2019 $2,047,000

Page 21

TRANSFORM 2019 IMPACT REPORT

BOARD OF DIRECTORS

JIM OAKES (CHAIR) Principal, Health Care Information Consultants KIMBERLY PACALA (VICE-CHAIR) Former Director of Development KATHLEEN CROW (SECRETARY) Managing Director, The McClean Group AIMEE DAVIS (TREASURER) Controller, AnaVation LLC APRIL YOUNG Managing Director, Hercules Capital CORKY EDDINS Assistant Pastor, Christ Church Vienna ART MEDICI Partner, Newport Board Group JOHN BEYER Former CEO, Nathan Associates PAUL COLLINS CEO, Skyline Software Systems, Inc. BILL EGGBEER Managing Director, BDC Advisors STEPHEN TEES Former Vice President, Burke & Herbert Bank and Trust JIM LEWIS Shareholder, Rees Broome, PC, Attorneys at Law BRIAN BURKE (COUNSEL) Partner, Cooley LLP

Special thanks to Adam Dickens of “Taking Pictures, Changing Lives” for capturing photographs for Five Talents in Tanzania and Uganda.

Five Talents USA is a registered 501c3 charitable organization. Our Federal Tax ID Number is: 54-1940918. For more information about how you can partner with Five Talents, please contact us or visit our website: Postal Address: Telephone: 703-242-6016 P.O. Box 331, Vienna, VA 22183

Website: www.fivetalents.org Email: [email protected] Facebook: fivetalentsusa Twitter: @FiveTalents Instagram: fivetalents LinkedIn: five-talents-usa