Civic Intelligence

Funsepa Us

990 • Fiscal year 2017 • EIN 46-0810539

Jan 01, 2017 to Dec 31, 2017 • Filed on Jun 27, 2018

Sattler 9320 Wilshire Bl 210Beverly Hills, CA 90212

(310) 593-0904

Siviq Scores

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

Liabilities / Assets

90th percentile

0.56x

Higher debt load relative to assets than 90% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

85th percentile

0.16x

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

33rd percentile

-3.4%

Higher net margin than 33% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2017

Asset Growth

28th percentile

-11%

Faster asset growth than 28% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

92nd percentile

87%

Faster revenue growth than 92% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$51,575

Down $6,362 (-11%) from 2016

Net Assets

Down

$22,730

Down $6,113 (-21%) from 2016

Liabilities

Down

$28,845

Down $249 (-0.9%) from 2016

Revenue

Up

$179,149

Up $83,416 (+87%) from 2016

Expenses

Up

$185,262

Up $87,005 (+89%) from 2016

Net Income

Down

-$6,113

Down $3,589 (-142%) from 2016

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0-$50KAssets 2012: $0Liabilities 2012: $17,0712012Assets 2013: $35,270Liabilities 2013: $20,521Net Assets 2013: $14,7492013Assets 2014: $39,612Liabilities 2014: $24,636Net Assets 2014: $14,9762014Assets 2015: $56,022Liabilities 2015: $24,655Net Assets 2015: $31,3672015Assets 2016: $57,937Liabilities 2016: $29,094Net Assets 2016: $28,8432016Assets 2017: $51,575Liabilities 2017: $28,845Net Assets 2017: $22,7302017Assets 2018: $24,221Liabilities 2018: $25,040Net Assets 2018: -$8192018Assets 2019: $49,475Liabilities 2019: $25,159Net Assets 2019: $24,3162019Assets 2020: $88,466Liabilities 2020: $25,159Net Assets 2020: $63,3072020Assets 2021: $141,089Liabilities 2021: $25,159Net Assets 2021: $115,9302021Assets 2022: $142,493Liabilities 2022: $25,159Net Assets 2022: $117,3342022Assets 2023: $153,795Liabilities 2023: $25,159Net Assets 2023: $128,6362023Assets 2024: $153,769Liabilities 2024: $0Net Assets 2024: $153,7692024

Highlighted filing

2017

Assets$51,575
Liabilities$28,845
Net Assets$22,730

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2012: $0Expenses 2012: $17,071Net Income 2012: -$17,0712012Revenue 2013: $35,476Expenses 2013: $3,656Net Income 2013: $31,8202013Revenue 2014: $47,622Expenses 2014: $47,395Net Income 2014: $2272014Revenue 2015: $32,217Expenses 2015: $15,826Net Income 2015: $16,3912015Revenue 2016: $95,733Expenses 2016: $98,257Net Income 2016: -$2,5242016Revenue 2017: $179,149Expenses 2017: $185,262Net Income 2017: -$6,1132017Revenue 2018: $203,091Expenses 2018: $226,640Net Income 2018: -$23,5492018Revenue 2019: $79,962Expenses 2019: $54,827Net Income 2019: $25,1352019Revenue 2020: $88,218Expenses 2020: $49,227Net Income 2020: $38,9912020Revenue 2021: $244,512Expenses 2021: $191,889Net Income 2021: $52,6232021Revenue 2022: $79,079Expenses 2022: $77,675Net Income 2022: $1,4042022Revenue 2023: $91,163Expenses 2023: $79,861Net Income 2023: $11,3022023Revenue 2024: $33,160Expenses 2024: $33,187Net Income 2024: -$272024

Highlighted filing

2017

Revenue$179,149
Expenses$185,262
Net Income-$6,113
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Jun 27, 2018
Return Version
2017v2.2
Gross Receipts
$212,683
Mission and Program Overview

Mission

to help entities such as Funsepa Guatemala in their efforts to bridge the technological divide that currently exists in Guatemala, THUS CONTRIBUTING TO THE NATION'S SOCIAL AND ECONOMIC DEVELOPMENT.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$57,937$51,575▼ $6,362
Rtn Earn Endowment Incm Other Fnds$28,843$22,730▼ $6,113
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$57,937$51,575▼ $6,362
Other Assets Total-$0-
Liabilities
Other Liabilities$29,094$28,845▼ $249
Total Liabilities$29,094$28,845▼ $249
Net Assets / Fund Balance
Total Net Assets Fund Balance$28,843$22,730▼ $6,113
Total Liabilities and Net Assets / Fund Balance$57,937$51,575▼ $6,362
Compensation and Service Providers

Board Members and Trustees

NameTitle
Carolina PaizPresident & Sec
Salvador PaizVice President
Clotidle DedeckerDirector
Maria ChomnalezDirector
Maria Dolores MorenoDirector
Pedro ChomnalezDirector
Stella Los De PaizDirector
Wilmar MejiaDirector
Jessica HammerSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$141,097
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$38,052
All Other Contributions
$141,097
Change in Net Assets
$-6,113
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$176,691
Other Expenses$8,571
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$176,691--$176,691
Fees for Services Accounting-$3,940-$3,940
Office Expenses$219--$219
Other Expenses-$25-$25
Total Functional Expenses$176,910$8,352$0$185,262
International Activity

International Compliance

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
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$71,586
Fundraising Direct Expenses$33,534
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fundraising Event$71,586$71,586$33,534$38,052
Total Events$71,586$71,586$33,534$38,052
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
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due To/from Affiliate$28,845
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

No review was or will be conducted.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Funsepa US
EIN
46-0810539
Phone
3105930904
Address
SATTLER 9320 WILSHIRE BL 210, BEVERLY HILLS, CA 90212

Signing Officer

Name
Carolina Paiz
Title
President
Signed
2018-06-27
Discuss with paid preparer
Yes

Organization Details

Formed
2012
Legal Domicile
CA
Voting Board Members
9
Independent Board Members
0
Employees
0

Preparer

Firm
Sattler & Associates LLP
Address
9320 Wilshire Blvd STE 210, Beverly Hills, CA 90212
Preparer
Troy L Sattler
Phone
3105930904
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IRS990/Desc0TECHNOLOGY FOR EDUCATIONOur goal is to help underprivileged Guatemalan children gain access to computer equipment and Internet connectivity in order to improve their learning experience. To do this, we raise money through private donations and grants and then donate these funds to organizations in Guatemala that share our goals and meet our standards. One such entity is our sister organization, Funsepa Guatemala, which has a successful five-year history of enhancing education through technology in the Guatemalan nation.We use volunteers to help raise funds for the Organization. We also oversee grant writers who are in charge of writing grant applications. A portion of our time is spent nurturing existing relationships with donors, such as Walmart, which already has donated 1,731 computers directly to Funsepa Guatemala, and Microsoft Corp., which previously has given directly to Funsepa Guatemala important software contributions as well as a million dollar monetary matching grant.
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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT & SEC
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Secretary
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IRS990/MissionDesc0to help entities such as Funsepa Guatemala in their efforts to bridge the technological divide that currently exists in Guatemala, THUS CONTRIBUTING TO THE NATION'S SOCIAL AND ECONOMIC DEVELOPMENT.
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IRS990/ProgSrvcAccomActy2Grp/Desc0COMPUTERS FOR TEACHERS The delivery of computers to public schools has shown us that kids have an innate talent that allows them to learn new technologies. But how can a teacher give lessons on computer-related subjects if he or she doesnt have access to a computer of their own? Training and courses may help provide basic knowledge, but we can only become experts through practice. It was with this in mind that, in 2007, the Ministry of Education launched the Expanding Futures project, which allows public school teachers and official institutions to obtain computers at a low-cost through an accessible financial plan. With the help of Microsoft and FunSEPA, some 57,000 teachers have obtained computers. Thats 70% of all public school teachers! Given the success of the project, a new program is being launched to give the same opportunity to private school teachers.
IRS990/ProgSrvcAccomActy3Grp/Desc0INVESTIGATION-Research studies conducted by the foundation to analyze the effectiveness of computer donations to the following:1. Students-by analyzing and comparing the FUNSEPA schools to those that do not have access to computers2. Teachers and their enhanced education tools since acquiring a computer through FUNSEPA
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IRS990/ReconcilationRevenueExpnssAmt0-6113
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt028843
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt022730
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0212684
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0125586
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt032217
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt037857
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt035476
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0443820
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0443820
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0212684
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0125586
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt032217
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt037857
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt035476
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0443820
IRS990ScheduleA/TotalSupportAmt0443820
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt028845
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO/FROM AFFILIATE
IRS990ScheduleD/TotalLiabilityAmt028845
IRS990ScheduleF/BoycottCountriesInd0false
IRS990ScheduleF/ForeignCorpOwnershipInd0false
IRS990ScheduleF/ForeignPartnershipInd0false
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt0176691
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt0TECHNOLOGY FOR EDUC
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt0GUATEMALA
IRS990ScheduleF/InterestInForeignTrustInd0false
IRS990ScheduleF/PassiveForeignInvestmestCoInd0false
IRS990ScheduleF/TotalOtherOrgCnt01
IRS990ScheduleF/TransferToForeignCorpInd0false
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt033534
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0FUNDRAISING EVENT
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt071586
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt071586
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt071586
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt071586
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt038052
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt033534
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt033534
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0No review was or will be conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt057937
IRS990/TotalAssetsEOYAmt051575
IRS990/TotalAssetsGrp/BOYAmt057937
IRS990/TotalAssetsGrp/EOYAmt051575
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0141097
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt08352
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0176910
IRS990/TotalFunctionalExpensesGrp/TotalAmt0185262
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt029094
IRS990/TotalLiabilitiesEOYAmt028845
IRS990/TotalLiabilitiesGrp/BOYAmt029094
IRS990/TotalLiabilitiesGrp/EOYAmt028845
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt028843
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt022730
IRS990/TotalProgramServiceExpensesAmt0176910
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0179149
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt057937
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt051575
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0WWW.FUNSEPA.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0CAROLINA PAIZ
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-06-27
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FUNSEPA US
ReturnHeader/Filer/BusinessNameControlTxt0FUNS
ReturnHeader/Filer/EIN0460810539
ReturnHeader/Filer/PhoneNum03105930904
ReturnHeader/Filer/USAddress/AddressLine1Txt0SATTLER 9320 WILSHIRE BL 210
ReturnHeader/Filer/USAddress/CityNm0BEVERLY HILLS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd090212
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0461222942
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Sattler & Associates LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt09320 Wilshire Blvd STE 210
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Beverly Hills
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd090212
ReturnHeader/PreparerPersonGrp/PhoneNum03105930904
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Troy L Sattler
ReturnHeader/ReturnTs02018-06-27T07:56:19-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.54$0.00$1.54$0.33$0.33$0.00
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.54$0.25$1.29$0.91$0.80$0.11
2022Detailed filing. Detailed filing data is available for this year.$1.42$0.25$1.17$0.79$0.78$0.01
2021Detailed filing. Detailed filing data is available for this year.$1.41$0.25$1.16$2.45$1.92$0.53
2020Detailed filing. Detailed filing data is available for this year.$0.88$0.25$0.63$0.88$0.49$0.39
2019Detailed filing. Detailed filing data is available for this year.$0.49$0.25$0.24$0.80$0.55$0.25
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.24$0.25$0.01$2.03$2.27$0.24
2017Detailed filing. Detailed filing data is available for this year.$0.52$0.29$0.23$1.79$1.85$0.06
2016Detailed filing. Detailed filing data is available for this year.$0.58$0.29$0.29$0.96$0.98$0.03
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.56$0.25$0.31$0.32$0.16$0.16
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.40$0.25$0.15$0.48$0.47$0.00
2013Detailed filing. Detailed filing data is available for this year.$0.35$0.21$0.15$0.35$0.04$0.32
2012Summary only. Only limited summary data is available for this year.$0.00$0.17$0.00$0.17$0.17