2013 ANNUAL REPORT

JANUARY 1, 2013 - DECEMBER 31, 2013

OUR MISSION

Educating Children. Strengthening Community.

THE SOMERO PROJECT is a 501(c)(3) Nonprofit Organization dedicated to break-

ing the cycle of poverty in Kotolo, Uganda by stimulating the economy and providing

a safe and healthy learning environment to the children.

The Somero Project | 1282 Paradise Rd., Ferndale, WA 98248

(360) 384-0515 | TheSomeroProject@live.com | www.TheSomeroProject.org

OUR MISSION

Educating Children. Strengthening Community.

A LETTER FROM THE PRESIDENT

Dear friends,

Thank you so much for the generous support you’ve provided throughout 2013. It’s hard to

believe another year has gone by and every time I look back, I am encouraged and reminded

of the caring and generous supporters we have. We at The Somero Project along with the

community of Kotolo, Uganda, and the students at Evergreen Primary are forever grateful!

This past year, we took great strides raising a total of $20,069.18 through donations,

fundraisers, and our Sponsorship Program. With this we were able to provide education to 230

students, employ 9 teachers, and complete many projects at the Evergreen Primary School.

Here are some other highlights:

Our total income for 2013 tripled compared to 2012.

Number of Sponsorships more than doubled by the end of 2013.

97% of every dollar we received was used to provide education to our students and

maintain the Evergreen Primary School’s facilities.

Again, thank you from the bottom of our hearts for your support! Without you, our success this

year would not have been possible.

Becky Conover,

Co-Founder and President

OUR IMPACT IN 2013

1) New floors were added to the classrooms to help protect the

children from sand fleas.

2) Benches & desks were brought in for the students.

3) The Somero Project made our first debut at the

Bellingham Farmer’s Market where we raised money and awareness for our cause.

4) An administration office was added to the

school facilities for document and supply storage.

5) Learning supplies and sports equipment were

donated to the school.

6) A new logo was designed.

7) Three new board members joined The Somero Project

adding book keeping and marketing skills to our team.

8) Doors and windows were added to our facilities to help keep the

students sheltered from the elements as well as secure the buildings while school is not in session.

9) The school’s latrine was reconstructed and expanded after a storm

caused the existing structure to collapse.

10) A new sign for the school was placed on the main road.

11) To accommodate a growing number of students, we purchased vacant land adjacent to the Evergreen

Primary School so that we can begin construction on a second school block.

12) We hired an additional teacher to accommodate the growing number of students.

13) We brought on a Social Media intern to help manage our Facebook,

Twitter, and Instagram accounts.

14) We began to upgrade our website at TheSomeroProject.org,

adding a blog and additional information on our organization.

“We are so happy to have this school in our village.” - Mukebezi Michael

“The children are now getting an education that the parents themselves

never had when they were growing up.” - Maganda Johnson

Supported 230 Students Employed

9 Teachers

2013 RESULTS

42 Students Sponsored

Maintained the Evergreen

Primary School

FINANCIAL REPORT

The Somero Project is committed to providing education to the underprivileged children

of Kotolo, Uganda. Toward this end, we hold ourselves to the highest financial account-

ability. Below is our full financial report for 2013.

DEBIT CREDIT

Annual Income:

Sponsorships $ 9,010.00

Lump Sum Donations $ 11,059.18

Total Revenue $ 20,069.18

Annual Operating Expenses:

HSBC Fee $ 297.00

Equity Bank Uganda Fee $ 96.00

PayPal Fee $ 158.16

End of Term Exams $ 299.69

School Supplies $ 420.52

Scanning/Printing/Mailing $ 208.83

Annual Private School Taxes $ 22.00

Director Salary $ 590.20

Teacher Salaries $ 5,971.54

Total Operating Expenses $ 8,063.93

Miscellaneous Expenses:

Classroom Floors $ 855.90

Gifts for Students $ 64.73

New Latrine Construction $ 2,850.39

Purchase of New Land $ 500.00

Construction of Admin Building $ 401.56

Doors & Windows $ 600.00

Benches $ 351.54

Opening/Closing Bank Account $ 240.63

Total Miscellaneous Expenses $ 5,864.75

TOTAL EXPENSES $ 13,928.68

INCOME AFTER EXPENSES: $ 6,140.50

Total Fees Paid $ 551.16

Revenue - Fees $ 19,518.02

% Devoted to Mission: 97%

www.TheSomeroProject.org

Check out our newly upgraded website which is packed full of information on our

organization and the children that your support and donations are directly impacting in

Kotolo, Uganda. Visit us at www.TheSomeroProject.org today for...

Information about our organization

Answers to common questions

Photo galleries of the school,

students, and ongoing projects

Event calendar

Blog with stories about the children

Teacher and board member bios

And much more!

STAY CONNECTED WITH US

Follow The Somero Project at….

Facebook: www.facebook.com/TheSomeroProject

Twitter: www.twitter.com/SomeroProject

Instagram: www.http://instagram.com/TheSomeroProject

Blog RSS Feed: www.TheSomeroProject.org/feed

THANK

YOU