Civic Intelligence

Olancho Aid Foundation Inc

EIN 26-1979098 • 501(c)3 • Accord, MA

Profile

The olancho aid foundations, inc. Is a 501(c)(3) nonprofit, faith-based organization that is creating an economically sustainable community in olancho honduras that provides families an opportunity to stay well, stay together and an option to stay at home.

PO Box 204Accord, MA 02018

www.olanchoaid.org

Siviq Scores

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

Liabilities / Assets

72nd percentile

0.03x

Higher debt load relative to assets than 72% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

66th percentile

0.01x

Higher debt load relative to revenue than 66% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

32nd percentile

-8.8%

Higher net margin than 32% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Assets

Down

$85,051

Down $33,331 (-28%) from 2023

Liabilities

Up

$2,585

Up $542 (+27%) from 2023

Net Assets

Down

$82,466

Down $33,873 (-29%) from 2023

Revenue

Down

$387,038

Down $29,741 (-7.1%) from 2023

Expenses

Down

$420,911

Down $70,577 (-14%) from 2023

Net Income

Up

-$33,873

Up $40,836 (+55%) from 2023

Trend Graphs

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2015: $959,554Liabilities 2015: $18,296Net Assets 2015: $941,2582015Assets 2016: $1,039,528Liabilities 2016: $98,192Net Assets 2016: $941,3362016Assets 2017: $1,062,495Liabilities 2017: $122,410Net Assets 2017: $940,0852017Assets 2018: $971,941Liabilities 2018: $123,787Net Assets 2018: $848,1542018Assets 2019: $822,397Liabilities 2019: $103,985Net Assets 2019: $718,4122019Assets 2020: $305,099Liabilities 2020: $12,123Net Assets 2020: $292,9762020Assets 2021: $222,436Liabilities 2021: $3,926Net Assets 2021: $218,5102021Assets 2022: $197,837Liabilities 2022: $6,789Net Assets 2022: $191,0482022Assets 2023: $118,382Liabilities 2023: $2,043Net Assets 2023: $116,3392023Assets 2024: $85,051Liabilities 2024: $2,585Net Assets 2024: $82,4662024

Highlighted filing

2024

Assets$85,051
Liabilities$2,585
Net Assets$82,466

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2015: $1,710,508Expenses 2015: $1,461,038Net Income 2015: $249,4702015Revenue 2016: $1,504,315Expenses 2016: $1,504,237Net Income 2016: $782016Revenue 2017: $1,532,102Expenses 2017: $1,533,353Net Income 2017: -$1,2512017Revenue 2018: $1,402,706Expenses 2018: $1,494,637Net Income 2018: -$91,9312018Revenue 2019: $1,492,807Expenses 2019: $1,622,549Net Income 2019: -$129,7422019Revenue 2020: $581,835Expenses 2020: $700,725Net Income 2020: -$118,8902020Revenue 2021: $530,284Expenses 2021: $604,750Net Income 2021: -$74,4662021Revenue 2022: $530,157Expenses 2022: $557,619Net Income 2022: -$27,4622022Revenue 2023: $416,779Expenses 2023: $491,488Net Income 2023: -$74,7092023Revenue 2024: $387,038Expenses 2024: $420,911Net Income 2024: -$33,8732024

Highlighted filing

2024

Revenue$387,038
Expenses$420,911
Net Income-$33,873

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Sep 16, 2025
Return Version
2024v5.2
Gross Receipts
$387,038
Mission and Program Overview

Mission

The olancho aid foundations, inc. Is a 501(c)(3) nonprofit, faith-based organization that empowers honduran youth to transform themselves, their communities and their country through education. From special needs to bilingual classrooms, our team of international volunteers and hondurans are dedicated to breaking the cycle of poverty by providing an environment that stimulates intellectual and spiritual growth and fosters independent thinking.

The olancho aid foundation, inc. Is a 501(c) (3) nonprofit, catholic organization building an economically sustainable community in honduras that provides families an opportunity to stay well, stay together and an option to stay at home in honduras.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$11,243$59,773▲ $48,530
Savings and Temporary Cash Investments$104,315$22,942▼ $81,373
Prepaid Expenses and Deferred Charges$2,336$2,336→ $0
Inventories for Sale or Use$488--
Total Assets$118,382$85,051▼ $33,331
Liabilities
Accounts Payable and Accrued Expenses$2,043$2,585▲ $542
Total Liabilities$2,043$2,585▲ $542
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$102,163$56,610▼ $45,553
Net Assets With Donor Restrictions$14,176$25,856▲ $11,680
Total Net Assets Fund Balance$116,339$82,466▼ $33,873
Total Liabilities and Net Assets / Fund Balance$118,382$85,051▼ $33,331
Compensation and Service Providers

Board Members and Trustees

NameTitle
Meagan TenetyPresident
Jacqueline De PierrefeuVice President
Colleen ScopanoBoard Member
Greg SabinBoard Member
Kerry WilcoxBoard Member
Wilson EscotoBoard Member
Jim FlanaganSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$385,597
Program Service Revenue
$0
Investment Income
$1,441
Other Revenue
$0
All Other Contributions
$385,597
Change in Net Assets
$-33,873
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$278,026
Salaries, Compensation, and Employee Benefits$95,231
Other Expenses$47,654
Total Fundraising Expense$29,157
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$278,026--$278,026
Comp Disqual Persons$57,760$14,285$23,186$95,231
Fees for Services Accounting-$17,047-$17,047
Travel$7,372--$7,372
Insurance-$5,273-$5,273
Office Expenses-$3,079-$3,079
Fees for Services Management-$2,167-$2,167
All Other Expenses-$1,269-$1,269
Other Expenses-$969$5,971$969
Advertising-$724-$724
Interest-$21-$21
Total Functional Expenses$343,158$48,596$29,157$420,911
International Activity

International Summary

Offices
1
Employees
1
Spending
$343,158

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
Central AmericaProgram Service Activities and Grant Recipients Located in RegionThe Organization Sucessfully Operated Two Schools, Escuelita Nazareth and the11$343,158
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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, Part VI, Section B, line 11B

Each member of the board of directors was provided with a copy of the form 990 before the return was filed with the IRS. Each member of the board reviewed the form 990 and all required schedules in their entirety and provided any revisions and their approval for filing to the treasurer. Subsequent to filing each member of the board of directors was provided with a final copy of the filed return for their files.

Form 990, Part VI, Section B, line 12C

The organization utilizes a conflict of interest policy and related disclosure forms at its board retreat. The policy defines a conflict of Interest and includes the steps the board must take to address potential conflicts (i.e. prohibit the transaction, require that the transaction be subject to a board vote, etc.). Disclosures must be made annually by officers, directors, trustees and key employees and returned to the organization. In addition, the conflict of interest policy and any potential conflicts are discussed annually.

Form 990, Part VI, Section B, line 15

Compensation for the executive director and all employees for 2024 was reviewed and approved by the board during the budgeting process which is documented in the board minutes. Review of comparability data did not appear useful to the board as Executive Director is located in Honduras, a country with a volatile job market.

Form 990, Part VI, Section C, line 19

The organization's governing documents, conflict of interest policy and financial information are made available to any requesting party upon written request.

Filing and Contact Details

Filer

Filer Name
Olancho Aid Foundation Inc
EIN
26-1979098
Phone
7814213601
Address
PO BOX 204, ACCORD, MA 02018

Signing Officer

Name
Meagan Tenety
Title
President
Phone
7814213601
Signed
2025-09-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Meagan Tenety
Formed
2008
Legal Domicile
Ma
Voting Board Members
7
Independent Board Members
7
Employees
2
Volunteers
0

Preparer

Firm
Scappini & Pina PC
Address
164 Washington Street, Norwell, MA 02061
Preparer
Emily Pina CPA
Phone
7814213601
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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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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt01
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt01
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt0343158
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0CENTRAL AMERICA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0THE ORGANIZATION SUCESSFULLY OPERATED TWO SCHOOLS, ESCUELITA NAZARETH AND THE
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0PROGRAM SERVICE ACTIVITIES AND GRANT RECIPIENTS LOCATED IN REGION
IRS990ScheduleF/BoycottCountriesInd00
IRS990ScheduleF/ContinuationSpentAmt00
IRS990ScheduleF/ContinuationTotalEmployeeCnt00
IRS990ScheduleF/ContinuationTotalOfficeCnt00
IRS990ScheduleF/ForeignCorpOwnershipInd00
IRS990ScheduleF/ForeignPartnershipInd00
IRS990ScheduleF/GrantRecordsMaintainedInd00
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt0278026
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt0CHECK DISBURSEMENT
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt00
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt0EDUCATIONAL PROGRAMS AND CLEAN WATER
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt0CENTRAL AMERICA
IRS990ScheduleF/InterestInForeignTrustInd00
IRS990ScheduleF/PassiveForeignInvestmestCoInd00
IRS990ScheduleF/SubtotalEmployeesCnt01
IRS990ScheduleF/SubtotalOfficesCnt01
IRS990ScheduleF/SubtotalSpentAmt0343158
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0The grant funds are awarded to organizations outside of the United States, in support of the organization's mission to provide financial help to four schools in Olancho, Honduras. Awards are made in accordance with the organization's foreign grantmaking policy at the discretion of the president and executive director.
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt1The organization provided funding to support the successful operation of four schools: Nazareth School, Cardenal Rodriguez Middle and High School, Santa Clara Bilingual Elementary School, and Santa Clara Bilingual Middle and High School in the country of Honduras.
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2:
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc1Part I, line 3:
IRS990ScheduleF/TotalEmployeeCnt01
IRS990ScheduleF/TotalOfficeCnt01
IRS990ScheduleF/TotalSpentAmt0343158
IRS990ScheduleF/TransferToForeignCorpInd00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Each member of the board of directors was provided with a copy of the form 990 before the return was filed with the IRS. Each member of the board reviewed the form 990 and all required schedules in their entirety and provided any revisions and their approval for filing to the treasurer. Subsequent to filing each member of the board of directors was provided with a final copy of the filed return for their files.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The organization utilizes a conflict of interest policy and related disclosure forms at its board retreat. The policy defines a conflict of Interest and includes the steps the board must take to address potential conflicts (i.e. prohibit the transaction, require that the transaction be subject to a board vote, etc.). Disclosures must be made annually by officers, directors, trustees and key employees and returned to the organization. In addition, the conflict of interest policy and any potential conflicts are discussed annually.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Compensation for the executive director and all employees for 2024 was reviewed and approved by the board during the budgeting process which is documented in the board minutes. Review of comparability data did not appear useful to the board as Executive Director is located in Honduras, a country with a volatile job market.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The organization's governing documents, conflict of interest policy and financial information are made available to any requesting party upon written request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, line 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0118382
IRS990/TotalAssetsEOYAmt085051
IRS990/TotalAssetsGrp/BOYAmt0118382
IRS990/TotalAssetsGrp/EOYAmt085051
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0385597
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt029157
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt048596
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0343158
IRS990/TotalFunctionalExpensesGrp/TotalAmt0420911
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02043
IRS990/TotalLiabilitiesEOYAmt02585
IRS990/TotalLiabilitiesGrp/BOYAmt02043
IRS990/TotalLiabilitiesGrp/EOYAmt02585
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0116339
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt082466
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0343158
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt01441
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0387038
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0118382
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt085051
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt07372
IRS990/TravelGrp/TotalAmt07372
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 204
IRS990/USAddress/CityNm0ACCORD
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd002061
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.OLANCHOAID.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MEAGAN TENETY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07814213601
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-09-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0OLANCHO AID FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0OLAN
ReturnHeader/Filer/EIN0261979098
ReturnHeader/Filer/PhoneNum07814213601
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 204
ReturnHeader/Filer/USAddress/CityNm0ACCORD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002018
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0471299509
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Scappini & Pina PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0164 Washington Street
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Norwell
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002061
ReturnHeader/PreparerPersonGrp/PhoneNum07814213601
ReturnHeader/PreparerPersonGrp/PreparationDt02025-09-16
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Emily Pina CPA
ReturnHeader/ReturnTs02025-09-30T09:14:43-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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