2024-11-14T11:03:22-06:00 2023-12-31 461498870 BMSS LLC 1121 RIVERCHASE OFFICE RD BIRMINGHAM AL 35244 990 2023-01-01 510546095 MANAS DEVELOPMENT GROUP MANA 2026758330 611 PENNSYLVANIA AVE SE 256 WASHINGTON DC 200034303 SAMUEL LAM PRESIDENT 2026758330 2024-11-14 1 0 MYRA S ROBERTS CPA P00165769 2059825500 2024-11-14 2023 2024-10-15 13:58:12Z SAMUEL LAM 611 PENNSYLVANIA AVE SE 256 WASHINGTON DC 200034303 442276 0 X WWW.MANASDEVELOPMENT.ORG X 2005 DC SOCIAL AND ECONOMIC DEVELOPMENT IN ECONOMICALLY UNDERSERVED MARKETS. 3 3 0 0 0 0 821979 424003 -39768 -8798 8088 14580 9375 12491 799674 442276 0 0 0 0 0 0 0 0 0 1213516 553983 1213516 553983 -413842 -111707 1231313 1096567 582704 559665 648609 536902 X THE GROUP PROVIDES BUSINESS DEVELOPMENT ASSISTANCE TO ENTREPRENEURS AND SMALL BUSINESS PERSONS IN DEVELOPING COUNTRIES. ALSO, THE GROUP ASSISTED COMPANIES TO EXECUTE IN EMERGING MARKETS TO FURTHER ECONOMIC DEVELOPMENT PROJECTS AND TO FACILITATE SUSTAINABLE DEVELOPMENT DIRECTLY AMONG THE POOR AND MARGINALIZED INDIVIDUALS IN MIDDLE EAST, NORTHERN AFRICA, AND ASIA. ENCOURAGES ENTREPRENEURSHIP AND CROSS-CULTURAL EXCHANGE AMONG SMALL BUSINESS PERSONS. 0 0 483655 18273 SPECIFICALLY, THE GROUP PROMOTED ECONOMIC DEVELOPMENT PROJECTS TO FACILITATE BROAD ECONOMIC DEVELOPMENT IN ASIA, NORTH AFRICA, AND THE MIDDLE EAST. 483655 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 1 X 0 0 0 0 1 AF MO AE HK CH MY 0 0 0 0 0 0 0 0 0 0 X 3 3 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 DC MD VA X SAMUEL LAM 2026758330 611 PENNSYLVANIA AVE SE 256 WASHINGTON DC 200034303 SAMUEL LAM PRESIDENT 40.00 X X 0 199620 29068 BRYAN CHEUNG DIRECTOR 2.00 X 0 0 0 KENLEY TARTER DIRECTOR 2.00 X 0 0 0 0 199620 29068 0 0 1 0 0 424003 424003 CONSULTING INCOME 541900 99310 99310 PROGRAM INVEST. LOSS 541900 -108108 -108108 -8798 14580 14580 12491 0 12491 12491 442276 5782 0 12491 X 3103 3103 22319 22319 466490 464899 1591 7192 7192 290 290 9581 9581 13363 13363 11216 11216 1700 1700 7667 7667 3522 3522 CLIENT EXPENSES 7540 7540 553983 483655 70328 0 4961 50 15207 32433 822989 688483 10000 0 373333 373251 4823 2350 1231313 1096567 195062 111777 187913 24780 199729 423108 582704 559665 X 648609 536902 648609 536902 1231313 1096567 -111707 0 X 0 0 0 X 786562 901271 556561 821979 424003 3490376 786562 901271 556561 821979 424003 3490376 618704 2871672 0 0 19373 8088 14580 42041 3532417 465727 0.81290 0.82080 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 EQUITY INVESTMENT IN HVC, LLC 162973 F EQUITY INVESTMENT IN MC, LLC 189050 F EQUITY INVESTMENT IN PILLARS OF LIGHT CONSULTING, LLC 10252 F EQUITY INVESTMENT IN 24HR FITNESS VENTURES 10976 F 373251 SBA LOAN 190086 NOTES PAYABLE - PILLARS OF LIGHT 233022 423108 MIDDLE EAST 1 0 PROGRAM SERVICES ECONOMIC DEVELOPMENT NORTHERN AFRICA 1 0 PROGRAM SERVICES ECONOMIC DEVELOPMENT ASIA 1 0 PROGRAM SERVICES ECONOMIC DEVELOPMENT 3 0 0 0 3 0 0 0 0 0 0 0 0 0 1 PART I, LINE 2: MANAS DEVELOPMENT GROUP MONITORS FUNDS IN ACCORDANCE WITH IRS PUBLICATION 78. THERE ARE TWO ADDITIONAL UNITED STATES-BASED ORGANIZATIONS THAT MANAS DEVELOPMENT GROUP PARTNERS WITH TO CONFIRM THE ELIGIBILITY STATUS OF THE GRANTEE ACCORDING TO IRS CRITERIA. DETAILED INFORMATION LISTING THE EXACT USE OF THE FUNDS REQUESTED IS REQUIRED. MANAS'S UNITED STATES PARTNERS MONITOR THE GRANTEE WITH PERIODIC CHECK-INS. THE ACCOUNTING METHOD USED IS ACCRUAL ACCOUNTING, WHICH IS TRACKED USING ACCOUNTING SOFTWARE. X 0 0 0 0 0 0 0 0 0 SAMUEL LAM PRESIDENT 0 184114 0 0 0 15506 0 0 0 29068 0 228688 0 0 FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY THE BOARD OF DIRECTORS BEFORE FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C MANAS DEVELOPMENT GROUP'S CONFLICT OF INTEREST POLICY IS INCLUDED IN THE EMPLOYEE HANDBOOK. THE STAFF IS INFORMED AS TO THE CONFLICT OF INTEREST POLICY AND MONITOR COMPLIANCE ON AN ONGOING BASIS, INCLUDING FOR THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTING SERVICES: PROGRAM SERVICE EXPENSES 464,899. MANAGEMENT AND GENERAL EXPENSES 1,591. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 466,490. FRONTIER MARKET VENTURES LLC 611 PENNSYLVANIA AVE SE 256 WASHINGTON DC 20003 352703964 ECONOMIC DEVELOPMENT/CONSULTING DC -1 84034 MANAS DEVELOPMENT GROUP BELIEVE FITNESS VENTURES LLC 611 PENNSYLVANIA AVE SE 256 WASHINGTON DC 20003 842115379 ECONOMIC DEVELOPMENT DC MANAS DEVELOPMENT GROUP RELATED -82 216662 0 1 0.25630 HEALTH CLINIC VENTURES LLC 611 PENNSYLVANIA AVE SE 256 WASHINGTON DC 20003 834010668 ECONOMIC DEVELOPMENT DC MANAS DEVELOPMENT GROUP RELATED -295 0 1 1.00000 MANAS CONSULTING LLC 611 PENNSYLVANIA AVE SE 256 WASHINGTON DC 20003 821968389 CONSULTING DC MANAS DEVELOPMENT GROUP C -78984 179905 1.00000 1 0 1 0 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 0 MANAS CONSULTING LLC L 459771 COST BELIEVE FITNESS VENTURES LLC D 370702 COST SCHEDULE R AS INDICATED ON SCHEDULE R PART III, MANAS DEVELOPMENT GROUP (EIN: 51-0546095) HAS A 100% OWNERSHIP INTEREST IN HEALTH CLINIC VENTURES LLC (EIN: 83-4010668). MANAS HEALTH CLINIC HOLDINGS, LTD (EIN: 98-1532832) IS A DISREGARDED ENTITY OWNED BY HEALTH CLINIC VENTURES LLC. HEALTH CLINIC VENTURES LLC FILES FORM 1065 AND INCLUDES MANAS HEALTH CLINIC HOLDINGS LTD ACTIVITY ON ITS RETURN. MANAS DEVELOPMENT GROUP RECEIVES A K-1 FROM HEALTH CLINIC VENTURES LLC AND REPORTS ITS SHARE OF ACTIVITY ON FORM 990 PART VIII LINE 2B. HEALTH CLINIC VENTURES LLC FILED A FINAL FORM 1065 IN 2023. AS A RESULT OF THE OWNERSHIP STRUCTURE, MANAS DEVELOPMENT GROUP HAS INDIRECT CONTROL OF THE DISREGARDED ENTITY. SCHEDULE R AS INDICATED ON SCHEDULE R PART IV, MANAS DEVELOPMENT GROUP HAS A 100% OWNERSHIP INTEREST IN MANAS CONSULTING LLC (EIN: 82-1968389). MANAS CONSULTING LLC IS A C-CORPORATION FOR INCOME TAX PURPOSES AND FILES FORM 1120. MANAS CONSULTING LLC OWNS THE FOLLOWING DISREGARDED ENTITIES AND REPORTS THE ACTIVITY FROM THESE ENTITIES ON ITS FORM 1120: MANAS DEVELOPMENT GROUP FZE (EIN: 98-1247220), HILL HOLDING GROUP LLC (EIN: 61-1951863), MAPLE HOLDING GROUP LLC, MDG MANAGEMENT SOLUTIONS-AFGHANISTAN (EIN: 98-1192072), MDG MANAGEMENT SOLUTIONS (HONG KONG) LIMITED (EIN: 98-1326512), AND MDG MANAGEMENT SOLUTIONS-MOROCCO (EIN: 98-1192056). AS A RESULT OF THE OWNERSHIP STRUCTURE, MANAS DEVELOPMENT GROUP HAS INDIRECT CONTROL OF THE DISREGARDED ENTITIES. PART V, LINE 2 MANAS DEVELOPMENT GROUP HAD THE FOLLOWING TRANSACTIONS WITH RELATED PARTIES DURING THE YEAR: $459,771 PROGRAM SERVICE CONSULTING PAYMENTS TO MANAS CONSULTING, LLC $370,702 LOAN TO BELIEVE FITNESS VENTURES LLC