Civic Intelligence

Fne International Inc.

990 • Fiscal year 2019 • EIN 27-1792140

Jan 01, 2019 to Dec 31, 2019 • Filed on Apr 27, 2020

PO Box 890286East Weymouth, MA 02189

(857) 205-0236

Siviq Scores

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

Liabilities / Assets

87th percentile

0.32x

Higher debt load relative to assets than 87% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

85th percentile

0.14x

Higher debt load relative to revenue than 85% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

13th percentile

-26%

Higher net margin than 13% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

85th percentile

$25,100

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 11.5% of source-year revenue.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

9th percentile

-51%

Faster asset growth than 9% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

18th percentile

-29%

Faster revenue growth than 18% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$100,084

Down $102,690 (-51%) from 2018

Net Assets

Down

$68,553

Down $57,436 (-46%) from 2018

Liabilities

Down

$31,531

Down $45,254 (-59%) from 2018

Revenue

Down

$218,003

Down $88,536 (-29%) from 2018

Expenses

Down

$275,439

Down $19,357 (-6.6%) from 2018

Net Income

Down

-$57,436

Down $69,179 (-589%) from 2018

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0-$100KAssets 2015: $239,229Liabilities 2015: $983Net Assets 2015: $238,2462015Assets 2016: $204,275Liabilities 2016: $19,574Net Assets 2016: $184,7012016Assets 2017: $155,723Liabilities 2017: $16,728Net Assets 2017: $138,9952017Assets 2018: $202,774Liabilities 2018: $76,785Net Assets 2018: $125,9892018Assets 2019: $100,084Liabilities 2019: $31,531Net Assets 2019: $68,5532019Assets 2020: $142,216Liabilities 2020: $54,040Net Assets 2020: $88,1762020Assets 2021: $187,596Liabilities 2021: $55,200Net Assets 2021: $132,3962021Assets 2022: $131,643Liabilities 2022: $56,037Net Assets 2022: $75,6062022Assets 2023: $35,518Liabilities 2023: $73,272Net Assets 2023: -$37,7542023Assets 2024: $69,282Liabilities 2024: $71,874Net Assets 2024: -$2,5922024

Highlighted filing

2019

Assets$100,084
Liabilities$31,531
Net Assets$68,553

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2015: $149,510Expenses 2015: $198,722Net Income 2015: -$49,2122015Revenue 2016: $195,263Expenses 2016: $248,808Net Income 2016: -$53,5452016Revenue 2017: $197,622Expenses 2017: $243,328Net Income 2017: -$45,7062017Revenue 2018: $306,539Expenses 2018: $294,796Net Income 2018: $11,7432018Revenue 2019: $218,003Expenses 2019: $275,439Net Income 2019: -$57,4362019Revenue 2020: $414,955Expenses 2020: $395,332Net Income 2020: $19,6232020Revenue 2021: $373,982Expenses 2021: $329,762Net Income 2021: $44,2202021Revenue 2022: $494,444Expenses 2022: $551,234Net Income 2022: -$56,7902022Revenue 2023: $396,470Expenses 2023: $509,830Net Income 2023: -$113,3602023Revenue 2024: $415,877Expenses 2024: $380,715Net Income 2024: $35,1622024

Highlighted filing

2019

Revenue$218,003
Expenses$275,439
Net Income-$57,436
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Apr 27, 2020
Return Version
2019v5.1
Gross Receipts
$218,003
Mission and Program Overview

Mission

Fne international is a 501(c)3 organization that partners with communities in developing nations to improve housing, health, and education. By facilitating collaboration and networking with local and international organizations, we empower individuals to become engaged in their community and the world.

Fnei promotes education and sustainable development projects world-wide. With a hand-in-hand philosophy, fnei works with impoverished communities to identify pressing needs, networks with local and international organizations, facilitates collaboration, and empowers individuals to actively participate within their communities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$202,774$98,427▼ $104,347
Prepaid Expenses and Deferred Charges-$1,657-
Total Assets$202,774$100,084▼ $102,690
Liabilities
Other Liabilities$70,662$21,474▼ $49,188
Accounts Payable and Accrued Expenses$6,123$10,057▲ $3,934
Total Liabilities$76,785$31,531▼ $45,254
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$125,989$59,911▼ $66,078
Net Assets With Donor Restrictions-$8,642-
Total Net Assets Fund Balance$125,989$68,553▼ $57,436
Total Liabilities and Net Assets / Fund Balance$202,774$100,084▼ $102,690
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Michael CipolettiExecutive DirectorPT$25,100$25,100

Board Members and Trustees

NameTitle
Travis KumphPresident
Thomas BennettVice President
Akshar PatelBoard Member
Katie Rostron QuinlanBoard Member
Kelvin RamirezBoard Member
Lucia SolorzanoBoard Member
Jenish SuratiBoard Member (through Fall of 2019)
Elizabeth YoungFormer Board Member
Emily SendinFormer Board Member
Rebecca HervieuxFormer Board Member
Cheryl BurkeTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$217,600
Program Service Revenue
$403
Investment Income
$0
Other Revenue
$0
All Other Contributions
$217,600
Change in Net Assets
$-57,436
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$170,427
Salaries, Compensation, and Employee Benefits$89,297
Total Fundraising Expense$18,612
Other Expenses$15,715
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$170,427--$170,427
Other Salaries and Wages$39,457$16,326-$55,783
Current Officers, Directors, Trustees, and Key Employees$9,330$6,220$15,550$31,100
Fees for Services Accounting-$6,000-$6,000
Office Expenses$302$3,417$708$4,427
Insurance-$4,141-$4,141
Payroll Taxes$724$483$1,207$2,414
Conferences and Meetings--$1,147$1,147
Total Functional Expenses$220,240$36,587$18,612$275,439
International Activity

International Summary

Offices
1
Employees
1
Spending
$170,427

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 America and the Caribbean - Antigua & Barbuda, Aruba, Bahamas,Program ServicesCommunity Development11$159,048
South America - Argentina, Bolivia, Brazil, Chile, Columbia, Ecuador,Program ServicesCommunity Development00$11,379
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Agency Funds Held for Comedor Farm Project$21,474
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
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, Part VI, Section B, Line 11B

The board of directors reviews and approves the form 990 prior to its filing. The form 990 was then authorized and signed by the organization's executive director.

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

Board members and officers are required to immediately disclose any conflicts of interest and this is monitored by the board president.

Form 990, Part VI, Section C, Line 19

Another's website/upon request

Filing and Contact Details

Filer

Filer Name
Fne International Inc
EIN
27-1792140
Phone
8572050236
Address
PO BOX 890286, EAST WEYMOUTH, MA 02189

Signing Officer

Name
Michael Cipoletti
Title
Executive Director
Phone
8572050236
Signed
2020-04-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Cipoletti
Formed
2011
Legal Domicile
Ma
Voting Board Members
7
Independent Board Members
7
Employees
1
Volunteers
0

Preparer

Firm
Smith Sullivan & Brown Pc
Address
80 FLANDERS ROAD - SUITE 200, WESTBOROUGH, MA 01581
Preparer
Sandra M Brown CPA
Phone
5088717178
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER REVENUE - 2015 AMOUNT: $ 180. 2016 AMOUNT: $ 2,129. 2017 AMOUNT: $ 11,232. 2018 AMOUNT: $ 24,241. 2019 AMOUNT: $ 403.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0217600
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0282298
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0170685
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0170120
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0149328
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0990031
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0408
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt01
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0409
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt038311
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0403
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt024241
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt011232
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt02129
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0180
IRS990ScheduleA/OtherIncome170Grp/TotalAmt038185
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.86160
IRS990ScheduleA/PublicSupportPY170Pct00.89940
IRS990ScheduleA/PublicSupportTotal170Amt0886297
IRS990ScheduleA/SubstantialContributorsTotAmt0103734
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0217600
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0282298
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0170685
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0170120
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0149328
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0990031
IRS990ScheduleA/TotalSupportAmt01028625
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt021474
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0AGENCY FUNDS HELD FOR COMEDOR FARM PROJECT
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalLiabilityAmt021474
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt01
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt10
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt01
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt10
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt0159048
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt111379
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS,
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt1SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR,
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0COMMUNITY DEVELOPMENT
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt1COMMUNITY DEVELOPMENT
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0PROGRAM SERVICES
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt1PROGRAM SERVICES
IRS990ScheduleF/BoycottCountriesInd00
IRS990ScheduleF/ContinuationSpentAmt00
IRS990ScheduleF/ContinuationTotalEmployeeCnt00
IRS990ScheduleF/ContinuationTotalOfficeCnt00
IRS990ScheduleF/ForeignCorpOwnershipInd00
IRS990ScheduleF/ForeignIndividualsGrantsGrp/CashGrantAmt047735
IRS990ScheduleF/ForeignIndividualsGrantsGrp/DescriptionOfNonCashAsstTxt0N/A
IRS990ScheduleF/ForeignIndividualsGrantsGrp/MannerOfCashDisbursementTxt0CHECK PAYABLE TO EDUCATIONAL INSTITUTIONS
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RecipientCnt0163
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RegionTxt0CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS,
IRS990ScheduleF/ForeignIndividualsGrantsGrp/TypeOfAssistanceTxt0SCHOLARSHIPS
IRS990ScheduleF/ForeignIndividualsGrantsGrp/ValuationMethodUsedDesc0FMV
IRS990ScheduleF/ForeignPartnershipInd00
IRS990ScheduleF/GrantRecordsMaintainedInd01
IRS990ScheduleF/InterestInForeignTrustInd00
IRS990ScheduleF/PassiveForeignInvestmestCoInd00
IRS990ScheduleF/SubtotalEmployeesCnt01
IRS990ScheduleF/SubtotalOfficesCnt01
IRS990ScheduleF/SubtotalSpentAmt0170427
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0FNE INTERNATIONAL PROVIDED SCHOLARSHIPS TO 163 STUDENTS IN NICARAGUA. THE SCHOLARSHIPS PROVIDE SECONDARY AND UNIVERSITY EDUCATION WITH A MAXIUMUM OF $500 PER STUDENT. THE SCHOLARSHIP FUNDS ARE PAID TO A LOCAL CHARITY IN NICARAGUA, WHICH THEN DISBURSES THE FUNDS DIRECTLY TO THE EDUCATIONAL INSTITUTIONS.
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0PART III, COL (C):
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc1PART III ACCOUNTING METHOD:
IRS990ScheduleF/TotalEmployeeCnt01
IRS990ScheduleF/TotalOfficeCnt01
IRS990ScheduleF/TotalSpentAmt0170427
IRS990ScheduleF/TransferToForeignCorpInd00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF DIRECTORS REVIEWS AND APPROVES THE FORM 990 PRIOR TO ITS FILING. THE FORM 990 WAS THEN AUTHORIZED AND SIGNED BY THE ORGANIZATION'S EXECUTIVE DIRECTOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD MEMBERS AND OFFICERS ARE REQUIRED TO IMMEDIATELY DISCLOSE ANY CONFLICTS OF INTEREST AND THIS IS MONITORED BY THE BOARD PRESIDENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ANOTHER'S WEBSITE/UPON 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 C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0202774
IRS990/TotalAssetsEOYAmt0100084
IRS990/TotalAssetsGrp/BOYAmt0202774
IRS990/TotalAssetsGrp/EOYAmt0100084
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0217600
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt018612
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt036587
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0220240
IRS990/TotalFunctionalExpensesGrp/TotalAmt0275439
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt076785
IRS990/TotalLiabilitiesEOYAmt031531
IRS990/TotalLiabilitiesGrp/BOYAmt076785
IRS990/TotalLiabilitiesGrp/EOYAmt031531
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0125989
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt068553
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0220240
IRS990/TotalProgramServiceRevenueAmt0403
IRS990/TotalReportableCompFromOrgAmt025100
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0403
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0218003
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0202774
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0100084
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 890286
IRS990/USAddress/CityNm0EAST WEYMOUTH
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd002189
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07

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