Civic Intelligence

Aecos Global Charities

990 • Fiscal year 2019 • EIN 30-0931722

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 16, 2020

Organization ProfileWWWW.AECOSGLOBALCHARITIES.ORG
777 Main Street No 600Fort Worth, TX 76102

(949) 861-0987

Siviq Scores

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

Liabilities / Assets

87th percentile

0.33x

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

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

Liabilities / Revenue

84th percentile

0.12x

Higher debt load relative to revenue than 84% of similar nonprofits.

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

Net Margin

18th percentile

-18%

Higher net margin than 18% of similar nonprofits.

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

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

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

Asset Growth

14th percentile

-33%

Faster asset growth than 14% of similar nonprofits.

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

Revenue Growth

96th percentile

197%

Faster revenue growth than 96% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets87th percentile

Assets

Down

$52,502

Down $25,449 (-33%) from 2018

Net Assets

Down

$35,002

Down $25,549 (-42%) from 2018

Liabilities

Up

$17,500

Up $100 (+0.6%) from 2018

Revenue And Expenses
Liabilities / Revenue84th percentileNet Margin18th percentile

Revenue

Up

$144,600

Up $95,928 (+197%) from 2018

Expenses

Down

$170,149

Down $6,170 (-3.5%) from 2018

Net Income

Up

-$25,549

Up $102,098 (+80%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth14th percentile

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

$400K$300K$200K$100K$0Assets 2016: $310,294Liabilities 2016: $0Net Assets 2016: $310,2942016Assets 2017: $203,235Liabilities 2017: $15,037Net Assets 2017: $188,1982017Assets 2018: $77,951Liabilities 2018: $17,400Net Assets 2018: $60,5512018Assets 2019: $52,502Liabilities 2019: $17,500Net Assets 2019: $35,0022019Assets 2020: $80,725Liabilities 2020: $5,906Net Assets 2020: $74,8192020Assets 2021: $96,204Liabilities 2021: $5,700Net Assets 2021: $90,5042021Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022

Highlighted filing

2019

Assets$52,502
Liabilities$17,500
Net Assets$35,002
Open 2019 Filing

Operations Trend

Revenue Growth96th percentile

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

$600K$400K$200K$0-$200KRevenue 2016: $400,100Expenses 2016: $89,806Net Income 2016: $310,2942016Revenue 2017: $134,754Expenses 2017: $256,850Net Income 2017: -$122,0962017Revenue 2018: $48,672Expenses 2018: $176,319Net Income 2018: -$127,6472018Revenue 2019: $144,600Expenses 2019: $170,149Net Income 2019: -$25,5492019Revenue 2020: $74,435Expenses 2020: $34,618Net Income 2020: $39,8172020Revenue 2021: $26,035Expenses 2021: $10,350Net Income 2021: $15,6852021Revenue 2022: $24,045Expenses 2022: $113,345Net Income 2022: -$89,3002022

Highlighted filing

2019

Revenue$144,600
Expenses$170,149
Net Income-$25,549
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 16, 2020
Return Version
2019v5.1
Gross Receipts
$144,600
Mission and Program Overview

Mission

Aecos global charities is organized to operate exclusively for charitable and educational purposes, with the primary purpose of improving the quality of ophthalmic care in underserved regions of the world. Aecos global charities seeks to support medical clinics that provide cataract surgery and other eye care services for underserved populations. The organization will first support clinics in honduras and el salvador with the possibility of extending to other countries throughout central america or elsewhere. Funds collected by aecos global charities have been disbursed to this region where they are being utilized to establish eye care clinics.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$56,269$29,340▼ $26,929
Intangible Assets$21,682$19,912▼ $1,770
Accounts Receivable-$3,250-
Total Assets$77,951$52,502▼ $25,449
Liabilities
Accounts Payable and Accrued Expenses$17,400$17,500▲ $100
Total Liabilities$17,400$17,500▲ $100
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$60,551$35,002▼ $25,549
Total Net Assets Fund Balance$60,551$35,002▼ $25,549
Total Liabilities and Net Assets / Fund Balance$77,951$52,502▼ $25,449
Compensation and Service Providers
Top Officer Pay77th percentile

Board Members and Trustees

NameTitle
John F Doane MdChairman of the Board
Adam KrafczekBoard Member
David CoxBoard Member
Erik Mertens MdBoard Member
John a Vukich MdBoard Member
Pavel StodulkaBoard Member
Robert Maloney MdBoard Member
Stephen G Slade MdBoard Member
Steven J Dell MdBoard Member
William J Link PhdBoard Member
William Trattler MdBoard Member
Trudy P LarkinsExecutive Director
Revenue and Support

Revenue Composition

Contributions and Grants
$144,600
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$144,600
Change in Net Assets
$-25,549
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$151,325
Other Expenses$18,824
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$151,325--$151,325
Payments to Affiliates-$9,600-$9,600
Fees for Services Accounting-$5,300-$5,300
Depreciation Depletion-$1,770-$1,770
Fees for Services Management-$829-$829
Office Expenses-$201-$201
Other Expenses-$197-$197
Total Functional Expenses$151,325$18,824$0$170,149
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Central American Medical Outreach IncOrrville, OH501 (c)(3)FOR THE PURPOSE OF SUPPORTING CENTRAL AMERICAN MEDICAL OUTREACH, INC.'S EFFORTS TO DELIVER EYE CARE TO THE TARGET POPULATION IN HONDURAS THROUGH SUPPORT FOR EQUIPMENT AND SUPPLIES IN ACCORDANCE WITH THE GRANT PROPOSAL.$148,000
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 A, Line 2

“David cox and adam krafczek jr. Are owners in a group of related entities known as bryn mawr communcations group, llc.”

Form 990, Part VI, Section B, Line 11B

“The board of directors reviews an electronic copy of the 990 prior to its filing.”

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

“AVAILABLE UPON REQUEST.”

Form 990, Part VI, Section C, Line 18

“AVAILABLE UPON REQUEST.”

Form 990, Part VI, Section C, Line 19

“AVAILABLE UPON REQUEST.”

Filing and Contact Details

Filer

Filer Name
Aecos Global Charities
EIN
30-0931722
Phone
9498610987
Address
777 MAIN STREET NO 600, FORT WORTH, TX 76102

Signing Officer

Name
Trudy Larkins
Title
Executive Director
Phone
4845811831
Signed
2020-11-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Trudy Larkins
Formed
2016
Legal Domicile
TX
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
0

Preparer

Firm
Gallagher Mcdevitt Schalleur Surgent LLC
Address
237 LANCASTER AVENUE SUITE 1000, DEVON, PA 19333
Preparer
Lori Toonder CPA
Phone
6109759122
Raw XML AppendixShowing 400 of 409 raw XML fields

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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE GRANT COMMITTEE OF THE BOARD OF DIRECTORS HAS ESTABLISHED POLICIES AND PROCEDURES FOR MANAGING AND MONITORING ALL GRANTS ISSUED BY THE ORGANIZATION.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS REVIEWS AN ELECTRONIC COPY OF THE 990 PRIOR TO ITS FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4AVAILABLE UPON REQUEST.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
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ReturnHeader/BuildTS02021-01-29 14:40:06Z
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0237 LANCASTER AVENUE SUITE 1000
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$52,502
Liabilities
$17,500
Net assets
$35,002
Revenue
$144,600
Expenses
$170,149
Net income
-$25,549
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.24$1.13$0.89
2021Detailed filing. Detailed filing data is available for this year.$0.96$0.06$0.91$0.26$0.10$0.16
2020Detailed filing. Detailed filing data is available for this year.$0.81$0.06$0.75$0.74$0.35$0.40
2019Detailed filing. Detailed filing data is available for this year.$0.53$0.18$0.35$1.45$1.70$0.26
2018Detailed filing. Detailed filing data is available for this year.$0.78$0.17$0.61$0.49$1.76$1.28
2017Detailed filing. Detailed filing data is available for this year.$2.03$0.15$1.88$1.35$2.57$1.22
2016Detailed filing. Detailed filing data is available for this year.$3.10$0.00$3.10$4.00$0.90$3.10