Civic Intelligence

Fidec Corporation

EIN 13-4186589 • 501(c)3 • Miami, FL

Profile

To improve the health of people in emerging countries, through prevention and adequate management of infectious diseases.

1390 S Dixie Hwy Ste 1106Miami, FL 33146

www.fidec-online.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

31st percentile

0.01x

Higher debt load relative to assets than 31% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

38th percentile

0.03x

Higher debt load relative to revenue than 38% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

2nd percentile

-224%

Higher net margin than 2% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

98th percentile

$613,800

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 51.2% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

4th percentile

-48%

Faster asset growth than 4% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

96th percentile

255%

Faster revenue growth than 96% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets31st percentile

Assets

Down

$4,376,332

Down $4,023,123 (-48%) from 2023

Liabilities

Up

$34,535

Up $2,254 (+7.0%) from 2023

Net Assets

Down

$4,341,797

Down $4,025,377 (-48%) from 2023

Operations
Liabilities / Revenue38th percentileNet Margin2nd percentile

Revenue

Up

$1,198,590

Up $861,054 (+255%) from 2023

Expenses

Up

$3,881,693

Up $151,611 (+4.1%) from 2023

Net Income

Up

-$2,683,103

Up $709,443 (+21%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth4th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$15M$10M$5.0M$0Assets 2010: $256,455Liabilities 2010: $0Net Assets 2010: $256,4552010Assets 2011: $75,811Liabilities 2011: $0Net Assets 2011: $75,8112011Assets 2012: $9,527,981Liabilities 2012: $0Net Assets 2012: $9,527,9812012Assets 2013: $6,585,120Liabilities 2013: $0Net Assets 2013: $6,585,1202013Assets 2014: $2,240,294Liabilities 2014: $0Net Assets 2014: $2,240,2942014Assets 2015: $3,958,514Liabilities 2015: $0Net Assets 2015: $3,958,5142015Assets 2016: $3,881,650Liabilities 2016: $0Net Assets 2016: $3,881,6502016Assets 2017: $7,096,782Liabilities 2017: $10,662Net Assets 2017: $7,086,1202017Assets 2018: $10,785,061Liabilities 2018: $52,611Net Assets 2018: $10,732,4502018Assets 2019: $9,447,154Liabilities 2019: $715,118Net Assets 2019: $8,732,0362019Assets 2020: $8,070,093Liabilities 2020: $286,072Net Assets 2020: $7,784,0212020Assets 2021: $10,721,016Liabilities 2021: $303,584Net Assets 2021: $10,417,4322021Assets 2022: $11,905,725Liabilities 2022: $145,660Net Assets 2022: $11,760,0652022Assets 2023: $8,399,455Liabilities 2023: $32,281Net Assets 2023: $8,367,1742023Assets 2024: $4,376,332Liabilities 2024: $34,535Net Assets 2024: $4,341,7972024

Highlighted filing

2024

Assets$4,376,332
Liabilities$34,535
Net Assets$4,341,797
Open 2024 Filing

Operations Trend

Revenue Growth96th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$15M$10M$5.0M$0-$5.0MExpenses 2010: $478,9662010Expenses 2011: $573,9522011Expenses 2012: $1,092,3712012Revenue 2013: $3,732,779Expenses 2013: $6,675,381Net Income 2013: -$2,942,6022013Revenue 2014: $274,285Expenses 2014: $4,622,188Net Income 2014: -$4,347,9032014Revenue 2015: $4,671,491Expenses 2015: $2,953,271Net Income 2015: $1,718,2202015Revenue 2016: $3,390,940Expenses 2016: $3,476,999Net Income 2016: -$86,0592016Revenue 2017: $5,777,633Expenses 2017: $2,569,549Net Income 2017: $3,208,0842017Revenue 2018: $9,906,636Expenses 2018: $6,260,306Net Income 2018: $3,646,3302018Revenue 2019: $8,021,586Expenses 2019: $10,022,000Net Income 2019: -$2,000,4142019Revenue 2020: $1,065,381Expenses 2020: $2,740,885Net Income 2020: -$1,675,5042020Revenue 2021: $5,119,630Expenses 2021: $2,496,209Net Income 2021: $2,623,4212021Revenue 2022: $5,811,379Expenses 2022: $4,484,795Net Income 2022: $1,326,5842022Revenue 2023: $337,536Expenses 2023: $3,730,082Net Income 2023: -$3,392,5462023Revenue 2024: $1,198,590Expenses 2024: $3,881,693Net Income 2024: -$2,683,1032024

Highlighted filing

2024

Revenue$1,198,590
Expenses$3,881,693
Net Income-$2,683,103
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$4,376,332
Liabilities
$34,535
Net assets
$4,341,797
Revenue
$1,198,590
Expenses
$3,881,693
Net income
-$2,683,103
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.38$0.03$4.34$1.20$3.88$2.68
2023Summary only. Only limited summary data is available for this year.$8.40$0.03$8.37$0.34$3.73$3.39
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.9$0.15$11.8$5.81$4.48$1.33
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.7$0.30$10.4$5.12$2.50$2.62
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.07$0.29$7.78$1.07$2.74$1.68
2019Summary only. Only limited summary data is available for this year.$9.45$0.72$8.73$8.02$10.0$2.00
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.8$0.05$10.7$9.91$6.26$3.65
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.10$0.01$7.09$5.78$2.57$3.21
2016Summary only. Only limited summary data is available for this year.$3.88$0.00$3.88$3.39$3.48$0.09
2015Detailed filing. Detailed filing data is available for this year.$3.96$0.00$3.96$4.67$2.95$1.72
2014Detailed filing. Detailed filing data is available for this year.$2.24$0.00$2.24$0.27$4.62$4.35
2013Detailed filing. Detailed filing data is available for this year.$6.59$0.00$6.59$3.73$6.68$2.94
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.53$0.00$9.53$1.09
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.08$0.00$0.08$0.57
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.26$0.00$0.26$0.48
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jul 24, 2025
Return Version
2024v5.0
Gross Receipts
$1,235,334
Mission and Program Overview

Mission

To improve the health of people in emerging countries, through prevention and adequate management of infectious diseases.

Fidec is a u.s.-based nonprofit organization that develops health care programs to improve global health by preventing and reducing the burden of infectious diseases. The organization is made up of physicians, scientists, and other health care professionals.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$8,391,074$4,367,951▼ $4,023,123
Total Assets$8,399,455$4,376,332▼ $4,023,123
Other Assets Total$8,381$8,381→ $0
Liabilities
Accounts Payable and Accrued Expenses$26,629$25,719▼ $910
Other Liabilities$5,652$8,816▲ $3,164
Total Liabilities$32,281$34,535▲ $2,254
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$8,367,174$4,341,797▼ $4,025,377
Total Net Assets Fund Balance$8,367,174$4,341,797▼ $4,025,377
Total Liabilities and Net Assets / Fund Balance$8,399,455$4,376,332▼ $4,023,123
Compensation and Service Providers
Top Officer Pay98th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mariana Valeria RotholcManaging DirectorFT$558,000$55,800$613,800
Roxana StamboulianTreasurerFT$222,000$22,050$244,050

Board Members and Trustees

NameTitle
Daniel Stamboulian MdChairman
Roberto Arduino MdVice Chairma
Federico LahamDirector
Steve Kohl MdDirector
Tsoline KojaoghlanianDirector
Maria Paz RamirezSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$993,938
Program Service Revenue
$0
Investment Income
$197,309
Other Revenue
$7,343
All Other Contributions
$993,938
Change in Net Assets
$-2,683,103
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,347,483
Salaries, Compensation, and Employee Benefits$1,239,751
Grants and Similar Amounts Paid$294,459
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$1,967,367$37,140-$2,004,507
Other Salaries and Wages$549,139$303,858-$852,997
Grants to Domestic Individuals$294,459--$294,459
Payroll Taxes$175,166$110,797-$285,963
Travel$142,047$25,169-$167,216
Pension Plan Contributions-$100,791-$100,791
Insurance$74,220--$74,220
Occupancy-$31,573-$31,573
Conferences and Meetings$25,840--$25,840
Office Expenses$8,491$3,176-$11,667
Information Technology$2,205$4,825-$7,030
Fees for Services Accounting-$5,328-$5,328
Advertising-$3,098-$3,098
Other Expenses$2,734$2,253-$2,253
All Other Expenses-$2,092-$2,092
Total Functional Expenses$3,241,668$640,025$0$3,881,693
International Activity

International Summary

Spending
$1,944,903

International Compliance

Foreign grant records maintained
No
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
BangladeshProgram ServiceHealthcare--$755,796
AustriaProgram ServiceHealthcare--$427,173
IndiaProgram ServiceHealthcare--$250,814
ArmeniaProgram ServiceHealthcare--$208,348
AgentinaProgram ServiceHealthcare--$101,069
Dominican RepublicProgram ServiceHealthcare--$92,444
PanamaProgram ServiceHealthcare--$68,634
Costa RicaProgram ServiceHealthcare--$13,000
MexicoProgram ServiceHealthcare--$9,625
BrazilProgram ServiceHealthcare--$5,000
ColombiaPrgoram ServiceHealthcare--$5,000
GuatemalaProgram ServiceHealthcare--$5,000
BelgiumProgram ServiceHealthcare--$3,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$44,087
Fundraising Direct Expenses$36,744
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Outing$36,972$36,972$7,987$28,985
Total Events$36,972$36,972$31,494$5,478
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Credit Cards Payable$8,816
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

“Daniel stamboulian roxana stamboulian president treasurer father”

Form 990, Page 6, Part VI, Line 11B

“Each page of return was reviewed before it was filed.”

Form 990, Page 6, Part VI, Line 19

“AVAILABLE UPON REQUEST”

Filing and Contact Details

Filer

Filer Name
Fidec Corporation
EIN
13-4186589
Phone
3058540075
Address
1390 S DIXIE HWY STE 1106, MIAMI, FL 33146
Doing Business As
See Schedule O

Signing Officer

Name
Roxana Stamboulian
Title
Treasurer
Phone
3058540075
Signed
2025-07-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Roxana Stamboulian
Formed
2001
Legal Domicile
Fl
Voting Board Members
8
Independent Board Members
4
Employees
5
Volunteers
14

Preparer

Firm
Piedra & Piedra Co Llp
Address
8950 SW 74 CT STE 1606, MIAMI, FL 33156
Preparer
Aurelio a Piedra
Phone
3056710003
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Item C

“Fighting infectious diseases in emerging countries”

FORM 990 - ORGANIZATION'S MISSION

“Fidec is a u.s.-based nonprofit organization that develops health care programs to improve global health by preventing and reducing the burden of infectious diseases. The organization is made up of physicians, scientists, and other health care professionals.”

Form 990, Page 2, Part III, Line 4B

“Educational campaigns to educate about the importance of vaccination in order to improve immunization rates and to promote the adoption of healthy self-care habits. Working groups of specialists in infectious diseases, to provide an institutional framework for the development of strategies and actions for the prevention, diagnosis and treatment of infectious diseases. Online training for physicians, nurses and pharmacists through a free virtual campus on topics such as communication and vaccines program for screening and detection of gestational diabetes.”

Form 990, Page 2, Part III, Line 4D

“Education programs for the community, immunization campaigns, research, and implementation of health care programs for rural areas stand out among other projects. Community oriented programs include: a. Awarness day campaigns, fidec joins national and international campaigns to promote diseases prevention through periodic checkups and immunization. B. Binational health activities to promote flu vaccination in latin american consulates of argentina, colombia, guatemala, peru and mexico, jointly carried out by fidec and walgreens pharmacy. C. Vaccination campaign at university of miami to train undergraduate students on vaccines basics, communication strategies and peer education. D. Program for artsakh refugees carried out in armavir, delivers free, life-saving care for vulnerable adults. The program provides patients the tools, knowledge, and medications to manage chronic hypertension and diabetes. E. Miami-dade immunization coalition aims to increase vaccination rates, identify barriers, overcome issues, and exchange knowledge and experiences among fidec, the department of infectious diseases of the university of miami, and representatives from governmental and private organizations. F. Campaigns carried out in health fairs and social media to raise awarness on infectious diseases prevention and the importance of vaccination, providing key information and dispelling misconceptions. Health care professionals oriented programs include: a. Online health education (stamboulian talks): free online conferences presented by expert speakers targeted to health care professionals on latest developments related to common diseases and healthcare topics. B. Working group of latin american experts on dengue and other arboviruses to develop a strategic framework to improve prevention, control and policy reponse across the region.”

Form 990, Part IX, Line 11G

“Clinical research 817,099 0 0 clinical research 84,320 0 0 contract service 117,516 0 0 contract service 39,900 0 0 contract service 0 37,140 0 contract services 896,526 0 0 contract services 2,756 0 0 contract srvices 9,250 0 0 total 1,967,367 37,140 0”

Form 990, Part XI, Line 9

“Prior period adj 358 unused grant funds -1,342,632 total -1,342,274”

Raw XML AppendixShowing 400 of 500 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/MissionDesc0FIDEC IS A U.S.-BASED NONPROFIT ORGANIZATION THAT DEVELOPS HEALTH CARE PROGRAMS TO IMPROVE GLOBAL HEALTH BY PREVENTING AND REDUCING THE BURDEN OF INFECTIOUS DISEASES. THE ORGANIZATION IS MADE UP OF PHYSICIANS, SCIENTISTS, AND OTHER HEALTH CARE PROFESSIONALS.
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IRS990/ProgSrvcAccomActy2Grp/Desc0EDUCATIONAL CAMPAIGNS TO EDUCATE ABOUT THE IMPORTANCE OF VACCINATION IN ORDER TO IMPROVE IMMUNIZATION RATES AND TO PROMOTE THE ADOPTION OF HEALTHY SELF-CARE HABITS. WORKING GROUPS OF SPECIALISTS IN INFECTIOUS DISEASES, TO PROVIDE AN INSTITUTIONAL FRAMEWORK FOR THE DEVELOPMENT OF STRATEGIES AND ACTIONS FOR THE PREVENTION, DIAGNOSIS AND TREATMENT OF INFECTIOUS DISEASES. ONLINE TRAINING FOR PHYSICIANS, NURSES AND PHARMACISTS THROUGH A FREE VIRTUAL CAMPUS ON TOPICS SUCH AS COMMUNICATION AND VACCINES PROGRAM FOR SCREENING AND DETECTION OF GESTATIONAL DIABETES.
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IRS990/ProgSrvcAccomActy3Grp/Desc0MEDICAL ASSISTANCE PROGRAM IN ARMENIA AIMED AT IMPROVING HEALTHCARE ACCESS AND OUTCOMES FOR VULNERABLE POPULATIONS. HEALTH PROGRAM FOR ARTSAKH REFUGEES, TO PROVIDE FREE CHECK-UPS, DIAGNOSTICS AND TREATMENT FOR CHRONIC DISEASES AS WELL AS PSYCHOSOCIAL CARE.
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0EDUCATION PROGRAMS FOR THE COMMUNITY, IMMUNIZATION CAMPAIGNS, RESEARCH, AND IMPLEMENTATION OF HEALTH CARE PROGRAMS FOR RURAL AREAS STAND OUT AMONG OTHER PROJECTS. COMMUNITY ORIENTED PROGRAMS INCLUDE: A. AWARNESS DAY CAMPAIGNS, FIDEC JOINS NATIONAL AND INTERNATIONAL CAMPAIGNS TO PROMOTE DISEASES PREVENTION THROUGH PERIODIC CHECKUPS AND IMMUNIZATION. B. BINATIONAL HEALTH ACTIVITIES TO PROMOTE FLU VACCINATION IN LATIN AMERICAN CONSULATES OF ARGENTINA, COLOMBIA, GUATEMALA, PERU AND MEXICO, JOINTLY CARRIED OUT BY FIDEC AND WALGREENS PHARMACY. C. VACCINATION CAMPAIGN AT UNIVERSITY OF MIAMI TO TRAIN UNDERGRADUATE STUDENTS ON VACCINES BASICS, COMMUNICATION STRATEGIES AND PEER EDUCATION. D. PROGRAM FOR ARTSAKH REFUGEES CARRIED OUT IN ARMAVIR, DELIVERS FREE, LIFE-SAVING CARE FOR VULNERABLE ADULTS. THE PROGRAM PROVIDES PATIENTS THE TOOLS, KNOWLEDGE, AND MEDICATIONS TO MANAGE CHRONIC HYPERTENSION AND DIABETES. E. MIAMI-DADE IMMUNIZATION COALITION AIMS TO INCREASE VACCINATION RATES, IDENTIFY BARRIERS, OVERCOME ISSUES, AND EXCHANGE KNOWLEDGE AND EXPERIENCES AMONG FIDEC, THE DEPARTMENT OF INFECTIOUS DISEASES OF THE UNIVERSITY OF MIAMI, AND REPRESENTATIVES FROM GOVERNMENTAL AND PRIVATE ORGANIZATIONS. F. CAMPAIGNS CARRIED OUT IN HEALTH FAIRS AND SOCIAL MEDIA TO RAISE AWARNESS ON INFECTIOUS DISEASES PREVENTION AND THE IMPORTANCE OF VACCINATION, PROVIDING KEY INFORMATION AND DISPELLING MISCONCEPTIONS. HEALTH CARE PROFESSIONALS ORIENTED PROGRAMS INCLUDE: A. ONLINE HEALTH EDUCATION (STAMBOULIAN TALKS): FREE ONLINE CONFERENCES PRESENTED BY EXPERT SPEAKERS TARGETED TO HEALTH CARE PROFESSIONALS ON LATEST DEVELOPMENTS RELATED TO COMMON DISEASES AND HEALTHCARE TOPICS. B. WORKING GROUP OF LATIN AMERICAN EXPERTS ON DENGUE AND OTHER ARBOVIRUSES TO DEVELOP A STRATEGIC FRAMEWORK TO IMPROVE PREVENTION, CONTROL AND POLICY REPONSE ACROSS THE REGION.
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IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0PROGRAM SERVICE
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IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0ARMENIA 208,348 0 PANAMA 68,634 0 AGENTINA 101,069 0 MEXICO 9,625 0 AUSTRIA 427,173 0 BELGIUM 3,000 0 BRAZIL 5,000 0 COLOMBIA 5,000 0 COSTA RICA 13,000 0 BANGLADESH 755,796 0 DOMINICAN REPUBLIC 92,444 0 GUATEMALA 5,000 0 INDIA 250,814 0
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