Civic Intelligence

Sostenica Inc.

990 • Fiscal year 2014 • EIN 23-3061896

Jan 01, 2014 to Dec 31, 2014 • Filed on May 11, 2015

Organization Profilewww.sostenica.org
1019 Ashley RdWest Chester, PA 19382-7560

(610) 399-5228

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

88th percentile

0.82x

Higher debt load relative to assets than 88% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

97th percentile

10.62x

Higher debt load relative to revenue than 97% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

31st percentile

-3.2%

Higher net margin than 31% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

36th percentile

$12,000

Higher top officer pay than 36% of similar nonprofits.

Top officer pay equals 6.1% of source-year revenue.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

30th percentile

-2.4%

Faster asset growth than 30% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

18th percentile

-13%

Faster revenue growth than 18% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets88th percentile

Assets

Down

$2,570,547

Down $63,525 (-2.4%) from 2013

Net Assets

Down

$465,153

Down $6,287 (-1.3%) from 2013

Liabilities

Down

$2,105,394

Down $57,238 (-2.6%) from 2013

Revenue And Expenses
Liabilities / Revenue97th percentileNet Margin31st percentile

Revenue

Down

$198,242

Down $29,534 (-13%) from 2013

Expenses

Up

$204,529

Up $1,183 (+0.6%) from 2013

Net Income

Down

-$6,287

Down $30,717 (-126%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth30th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0-$1.0MAssets 2011: $2,727,580Liabilities 2011: $2,318,285Net Assets 2011: $409,2952011Assets 2012: $2,733,068Liabilities 2012: $2,286,058Net Assets 2012: $447,0102012Assets 2013: $2,634,072Liabilities 2013: $2,162,632Net Assets 2013: $471,4402013Assets 2014: $2,570,547Liabilities 2014: $2,105,394Net Assets 2014: $465,1532014Assets 2015: $2,531,458Liabilities 2015: $2,028,481Net Assets 2015: $502,9772015Assets 2016: $2,526,079Liabilities 2016: $2,022,060Net Assets 2016: $504,0192016Assets 2017: $2,446,920Liabilities 2017: $1,954,386Net Assets 2017: $492,5342017Assets 2018: $1,957,435Liabilities 2018: $1,890,340Net Assets 2018: $67,0952018Assets 2019: $1,342,171Liabilities 2019: $1,601,636Net Assets 2019: -$259,4652019Assets 2020: $1,160,131Liabilities 2020: $1,598,698Net Assets 2020: -$438,5672020Assets 2021: $1,151,655Liabilities 2021: $1,561,354Net Assets 2021: -$409,6992021Assets 2022: $1,043,713Liabilities 2022: $1,574,170Net Assets 2022: -$530,4572022Assets 2023: $733,289Liabilities 2023: $1,509,920Net Assets 2023: -$776,6312023Assets 2024: $730,156Liabilities 2024: $1,489,839Net Assets 2024: -$759,6832024

Highlighted filing

2014

Assets$2,570,547
Liabilities$2,105,394
Net Assets$465,153
Open 2014 Filing

Operations Trend

Revenue Growth18th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KRevenue 2011: $183,226Expenses 2011: $159,927Net Income 2011: $23,2992011Revenue 2012: $240,440Expenses 2012: $202,725Net Income 2012: $37,7152012Revenue 2013: $227,776Expenses 2013: $203,346Net Income 2013: $24,4302013Revenue 2014: $198,242Expenses 2014: $204,529Net Income 2014: -$6,2872014Revenue 2015: $229,845Expenses 2015: $192,021Net Income 2015: $37,8242015Revenue 2016: $210,772Expenses 2016: $209,730Net Income 2016: $1,0422016Revenue 2017: $240,366Expenses 2017: $251,851Net Income 2017: -$11,4852017Revenue 2018: $529,338Expenses 2018: $954,777Net Income 2018: -$425,4392018Revenue 2019: $584,838Expenses 2019: $911,939Net Income 2019: -$327,1012019Revenue 2020: $494,726Expenses 2020: $673,828Net Income 2020: -$179,1022020Revenue 2021: $296,956Expenses 2021: $365,561Net Income 2021: -$68,6052021Revenue 2022: $197,587Expenses 2022: $318,345Net Income 2022: -$120,7582022Revenue 2023: $63,019Expenses 2023: $309,194Net Income 2023: -$246,1752023Revenue 2024: $20,080Expenses 2024: $3,132Net Income 2024: $16,9482024

Highlighted filing

2014

Revenue$198,242
Expenses$204,529
Net Income-$6,287
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
May 11, 2015
Return Version
2014v5.0
Gross Receipts
$198,242
Mission and Program Overview

Mission

SosteNica empowers the people of Nicaragua to achieve financial security and healthy lives within vibrant, sustainable communities through microcredit, technical assistance and outreach to low income smallholder farmers and school children.

The primary purpose of the agency is to link social investors in the United States and Europe with the micro-lending expertise of the Center for the Promotion of Local Development (CEPRODEL) in Nicaragua.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$2,471,194$2,428,372▼ $42,822
Loans From Officers Directors$402,860$405,613▲ $2,753
Cash and Non-Interest-Bearing Accounts$33,447$20,875▼ $12,572
Savings and Temporary Cash Investments$25,803$18,234▼ $7,569
Prepaid Expenses and Deferred Charges-$2,545-
Total Assets$2,634,072$2,570,547▼ $63,525
Other Assets Total$103,628$100,521▼ $3,107
Liabilities
Unsecured Notes Loans Payable$1,720,834$1,663,198▼ $57,636
Accounts Payable and Accrued Expenses$38,938$36,583▼ $2,355
Total Liabilities$2,162,632$2,105,394▼ $57,238
Net Assets / Fund Balance
Unrestricted Net Assets$427,691$427,045▼ $646
Temporarily Rstr Net Assets$43,749$38,108▼ $5,641
Total Net Assets Fund Balance$471,440$465,153▼ $6,287
Total Liabilities and Net Assets / Fund Balance$2,634,072$2,570,547▼ $63,525
Compensation and Service Providers
Top Officer Pay36th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Alan WrightPresidentPT$12,000$12,000
Chris BellAdministratorPT$11,400$11,400

Board Members and Trustees

NameTitle
Peter GuarinoVice President
Rev Michael ZemanBoard Member
Rev Owen OwensBoard Member
Ricardo CruzDevelopment Coordinator
Jay PressmanGeneral Counsel
Elizabeth GibbsSecretary
Rachel LindsayTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$28,244
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$169,998
All Other Contributions
$28,244
Change in Net Assets
$-6,287

Audited Revenue Reconciliation

Revenue per Audited Statements
$198,242
Total Revenue per Audited Statements
$198,242
Total Revenue per Form 990
$198,242
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$144,079
Salaries, Compensation, and Employee Benefits$60,450
Total Fundraising Expense$3,428
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$58,785$0$0$58,785
Other Salaries and Wages$26,363$0$0$26,363
Current Officers, Directors, Trustees, and Key Employees$16,848$4,914$1,638$23,400
Office Expenses$9,927$804$264$10,995
Payroll Taxes$5,712$376$125$6,213
Fees for Services Accounting$0$5,800$0$5,800
Other Employee Benefits$3,698$582$194$4,474
Conferences and Meetings$2,258$68$0$2,326
Insurance$187$1,839$18$2,044
Information Technology$139$40$13$192
Advertising$136$0$0$136
Other Expenses$0$100$0$100
Total Functional Expenses$186,203$14,898$3,428$204,529

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$204,529
Total Expenses per Audited Statements$204,529
Total Expenses per Form 990$204,529
International Activity

International Summary

Offices
0
Employees
0
Spending
$186,203

International Compliance

Foreign grant records maintained
Yes
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
Central AmericaEnvironmental ProgramSustainable agriculture00$120,878
Central AmericaProgram ServiceMicro Lending00$65,325
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$402,860$405,613▲ $2,753
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
SosteNica Inc
EIN
23-3061896
Phone
6103995228
Address
1019 Ashley Rd, West Chester, PA 19382-7560

Signing Officer

Name
Alan J Wright
Title
President
Phone
6103995228
Signed
2015-05-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Alan Wright
Formed
2001
Legal Domicile
Pa
Voting Board Members
7
Independent Board Members
6
Employees
2
Volunteers
7

Preparer

Firm
Steven J Handzel
Address
302 N HIGH ST, WEST CHESTER, PA 19380-2614
Preparer
Steven J Handzel
Phone
6106967480
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

“The return is prepared by the independent auditor based upon information developed in the course of the audit. A draft of the return is provided to the Board President and the agency financial administrator who review the return for completeness and accuracy. The return is emailed to the board prior to filing.”

Pt VI, Line 12C

“The board reviews the policy annually for individual and collective compliance.”

Pt VI, Line 15A

“Salaries paid to the board president in his capacity as CEO and the administrator are nominal, but reviewed by the board.”

Pt VI, Line 15B

“See above response.”

Form 990EZ, Part I, Line 8

“Interest on temporary cash deposits”

Form 990EZ, Part I, Line 16

“Interest paid to providers of funds for micro-lending grants for sustainable agriculture travel insurance communications supplies dues bank charges and fees seminars and training licenses and permits depreciation of office equipment”

Form 990EZ, Part II, Line 24

“Interest receivable notes receivable office equipment, net of depreciation”

Form 990EZ, Part II, Line 26

“Accounts payable accrued interest payable notes payable”

Form 990, Part IX, Line 24F

“COMMUNICATIONS PRINTING”

Raw XML AppendixShowing 400 of 616 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.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt038938
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt036583
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0The primary purpose of the agency is to link social investors in the United States and Europe with the micro-lending expertise of the Center for the Promotion of Local Development (CEPRODEL) in Nicaragua.
IRS990/AdvertisingGrp/FundraisingAmt00
IRS990/AdvertisingGrp/ManagementAndGeneralAmt00
IRS990/AdvertisingGrp/ProgramServicesAmt0136
IRS990/AdvertisingGrp/TotalAmt0136
IRS990/AllOtherContributionsAmt028244
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0CHRIS BELL
IRS990/BooksInCareOfDetail/PhoneNum06103995228
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01019 Ashley Rd
IRS990/BooksInCareOfDetail/USAddress/CityNm0West Chester
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0PA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd0193827560
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt033447
IRS990/CashNonInterestBearingGrp/EOYAmt020875
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt01638
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt04914
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt016848
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt023400
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/FundraisingAmt00
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt068
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt02258
IRS990/ConferencesMeetingsGrp/TotalAmt02326
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt028244
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0144079
IRS990/CYOtherRevenueAmt0169998
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-6287
IRS990/CYSalariesCompEmpBnftPaidAmt060450
IRS990/CYTotalExpensesAmt0204529
IRS990/CYTotalFundraisingExpenseAmt03428
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0198242
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0ADMINISTER AND PROMOTE MICRO-LENDING PROGRAM TO PROMOTE SUSTAINABLE ECONOMIC DEVELOPMENT IN NICARAGUA, CENTRAL AMERICA.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt02
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt065325
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/FundraisingAmt00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt05800
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt00
IRS990/FeesForServicesAccountingGrp/TotalAmt05800
IRS990/ForeignActivitiesInd0true
IRS990/ForeignCountryCd0NU
IRS990/ForeignFinancialAccountInd0true
IRS990/ForeignOfficeInd0true
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt020.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt520.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt620.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt840.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd1X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/PersonNm0ALAN WRIGHT
IRS990/Form990PartVIISectionAGrp/PersonNm1ELIZABETH GIBBS
IRS990/Form990PartVIISectionAGrp/PersonNm2PETER GUARINO
IRS990/Form990PartVIISectionAGrp/PersonNm3REV MICHAEL ZEMAN
IRS990/Form990PartVIISectionAGrp/PersonNm4REV OWEN OWENS
IRS990/Form990PartVIISectionAGrp/PersonNm5CHRIS BELL
IRS990/Form990PartVIISectionAGrp/PersonNm6JAY PRESSMAN
IRS990/Form990PartVIISectionAGrp/PersonNm7RACHEL LINDSAY
IRS990/Form990PartVIISectionAGrp/PersonNm8RICARDO CRUZ
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt012000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt511400
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt2Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt3Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt4Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt5Administrator
IRS990/Form990PartVIISectionAGrp/TitleTxt6General Counsel
IRS990/Form990PartVIISectionAGrp/TitleTxt7Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt8Development Coordinator
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02001
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0198242
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt013
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt040
IRS990/InformationTechnologyGrp/ProgramServicesAmt0139
IRS990/InformationTechnologyGrp/TotalAmt0192
IRS990/InsuranceGrp/FundraisingAmt018
IRS990/InsuranceGrp/ManagementAndGeneralAmt01839
IRS990/InsuranceGrp/ProgramServicesAmt0187
IRS990/InsuranceGrp/TotalAmt02044
IRS990/InterestGrp/FundraisingAmt00
IRS990/InterestGrp/ManagementAndGeneralAmt00
IRS990/InterestGrp/ProgramServicesAmt058785
IRS990/InterestGrp/TotalAmt058785
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt081
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0PA
IRS990/LoanOutstandingInd0true
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt0402860
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt0405613
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0The primary purpose of the
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0471440
IRS990/NetAssetsOrFundBalancesEOYAmt0465153
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/FundraisingAmt0264
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0804
IRS990/OfficeExpensesGrp/ProgramServicesAmt09927
IRS990/OfficeExpensesGrp/TotalAmt010995
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0103628
IRS990/OtherAssetsTotalGrp/EOYAmt0100521
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0194
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0582
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt03698
IRS990/OtherEmployeeBenefitsGrp/TotalAmt04474
IRS990/OtherExpensesGrp/Desc0Bank charges and fees
IRS990/OtherExpensesGrp/Desc1Sustainability Program Expense
IRS990/OtherExpensesGrp/Desc2Dues
IRS990/OtherExpensesGrp/Desc3License and permits
IRS990/OtherExpensesGrp/FundraisingAmt01046
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt2130
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0180
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2195
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3100
IRS990/OtherExpensesGrp/ProgramServicesAmt0180
IRS990/OtherExpensesGrp/ProgramServicesAmt161845
IRS990/OtherExpensesGrp/ProgramServicesAmt2125
IRS990/OtherExpensesGrp/ProgramServicesAmt30
IRS990/OtherExpensesGrp/TotalAmt01406
IRS990/OtherExpensesGrp/TotalAmt161845
IRS990/OtherExpensesGrp/TotalAmt2450
IRS990/OtherExpensesGrp/TotalAmt3100
IRS990/OtherRevenueMiscGrp/BusinessCd0522100
IRS990/OtherRevenueMiscGrp/BusinessCd1525990
IRS990/OtherRevenueMiscGrp/Desc0Interest on temp cash deposits
IRS990/OtherRevenueMiscGrp/Desc1Interest from Micro Lending Portfolio
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0123
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt1169875
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0123
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1169875
IRS990/OtherRevenueTotalAmt0169998
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt026363
IRS990/OtherSalariesAndWagesGrp/TotalAmt026363
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt02471194
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt02428372
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt0125
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0376
IRS990/PayrollTaxesGrp/ProgramServicesAmt05712
IRS990/PayrollTaxesGrp/TotalAmt06213
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02545
IRS990/PrincipalOfficerNm0ALAN WRIGHT
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0RESEARCH STRATEGIES FOR SUSTAINABLE AGRICULTURE IN RURAL NICARAGUA AND TRAIN LOCAL FARMERS IN STRATEGIES DEVELOPED.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0120878
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt027095
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt047915
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt0133962
IRS990/PYOtherRevenueAmt0172758
IRS990/PYProgramServiceRevenueAmt07103
IRS990/PYRevenuesLessExpensesAmt024430
IRS990/PYSalariesCompEmpBnftPaidAmt069384
IRS990/PYTotalExpensesAmt0203346
IRS990/PYTotalRevenueAmt0227776
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-6287
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0169875
IRS990/SavingsAndTempCashInvstGrp/BOYAmt025803
IRS990/SavingsAndTempCashInvstGrp/EOYAmt018234
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt028244
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt047915
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt049875
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt018704
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt026849
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0171587
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0123
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0320
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0323
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0299
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0369
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01434
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt07103
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt017189
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt02660
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt026952
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt0169875
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt0172438
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt0173053
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt0161563
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt0146418
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt0823347
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0123
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0320
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0323
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0299
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0369
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01434
IRS990ScheduleA/InvestmentIncomeCYPct00.00140
IRS990ScheduleA/InvestmentIncomePYPct00.00190
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00.99860
IRS990ScheduleA/PublicSupportPY509Pct00.99810
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt01021886
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0198119
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0227456
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0240117
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0182927
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0173267
IRS990ScheduleA/Total509Grp/TotalAmt01021886
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01023320
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/ExpensesSubtotalAmt0204529
IRS990ScheduleD/RevenueSubtotalAmt0198242
IRS990ScheduleD/TotalExpensesPerForm990Amt0204529
IRS990ScheduleD/TotalRevenuePerForm990Amt0198242
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0198242
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0204529
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt10
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt10
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt065325
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt1120878
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0Central America
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt1Central America
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0Micro Lending
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt1Sustainable agriculture
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0Program Service
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt1Environmental Program
IRS990ScheduleF/BoycottCountriesInd0false
IRS990ScheduleF/ForeignCorpOwnershipInd0false
IRS990ScheduleF/ForeignPartnershipInd0false
IRS990ScheduleF/GrantRecordsMaintainedInd0true
IRS990ScheduleF/InterestInForeignTrustInd0false
IRS990ScheduleF/PassiveForeignInvestmestCoInd0false
IRS990ScheduleF/SubtotalEmployeesCnt00
IRS990ScheduleF/SubtotalOfficesCnt00
IRS990ScheduleF/SubtotalSpentAmt0186203
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0SosteNica's micro lending program operates exclusively in Nicaragua, Central America. Likewise, sustainability programs that focus on agriculture and housing are conducted in Nicaragua.
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt1Micro lending activities are conducted in conjunction with CEPRODEL. At least annually, board members and officers of SosteNica travel to Nicaragua to monitor on site the manner in which the loans are administered. Sustainability programs are conducted by Nicaraguan staff. Program spending is supported by invoices monthly and the program is monitored during the same visits in which the micro lending program is monitored. Further, US based staff conduct regular (at least weekly) skyped conferences with the Nicaraguan staff.
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt I Line 3 Col (F)
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt I Line 2
IRS990ScheduleF/TotalEmployeeCnt00
IRS990ScheduleF/TotalOfficeCnt00
IRS990ScheduleF/TotalSpentAmt0186203
IRS990ScheduleF/TransferToForeignCorpInd0false
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt02000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt12500
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt225000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt320982
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt420000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt532000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt620000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt727500
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt85000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt937000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt1078557
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt1120000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt122174
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt13100000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt147900
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt1515000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd1false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd2false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd3false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd4false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd5false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd6false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd7false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd8false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd9false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd10false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd11false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd12false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,570,547
Liabilities
$2,105,394
Net assets
$465,153
Revenue
$198,242
Expenses
$204,529
Net income
-$6,287
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.73$1.49$0.76$0.02$0.00$0.02
2023Detailed filing. Detailed filing data is available for this year.$0.73$1.51$0.78$0.06$0.31$0.25
2022Detailed filing. Detailed filing data is available for this year.$1.04$1.57$0.53$0.20$0.32$0.12
2021Detailed filing. Detailed filing data is available for this year.$1.15$1.56$0.41$0.30$0.37$0.07
2020Detailed filing. Detailed filing data is available for this year.$1.16$1.60$0.44$0.49$0.67$0.18
2019Detailed filing. Detailed filing data is available for this year.$1.34$1.60$0.26$0.58$0.91$0.33
2018Detailed filing. Detailed filing data is available for this year.$1.96$1.89$0.07$0.53$0.95$0.43
2017Detailed filing. Detailed filing data is available for this year.$2.45$1.95$0.49$0.24$0.25$0.01
2016Summary only. Only limited summary data is available for this year.$2.53$2.02$0.50$0.21$0.21$0.00
2015Summary only. Only limited summary data is available for this year.$2.53$2.03$0.50$0.23$0.19$0.04
2014Detailed filing. Detailed filing data is available for this year.$2.57$2.11$0.47$0.20$0.20$0.01
2013Summary only. Only limited summary data is available for this year.$2.63$2.16$0.47$0.23$0.20$0.02
2012Summary only. Only limited summary data is available for this year.$2.73$2.29$0.45$0.24$0.20$0.04
2011Summary only. Only limited summary data is available for this year.$2.73$2.32$0.41$0.18$0.16$0.02