Liabilities / Assets
83rd percentile
Higher debt load relative to assets than 83% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
83rd percentile
Higher debt load relative to assets than 83% of similar nonprofits.
Liabilities / Revenue
89th percentile
Higher debt load relative to revenue than 89% of similar nonprofits.
Net Margin
65th percentile
Higher net margin than 65% of similar nonprofits.
Top Officer Pay
78th percentile
Higher top officer pay than 78% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
61st percentile
Faster asset growth than 61% of similar nonprofits.
Revenue Growth
61st percentile
Faster revenue growth than 61% of similar nonprofits.
Assets
Up$153,795
Up $11,302 (+7.9%) from 2022
Net Assets
Up$128,636
Up $11,302 (+9.6%) from 2022
Liabilities
Flat$25,159
Flat from 2022
Revenue
Up$91,163
Up $12,084 (+15%) from 2022
Expenses
Up$79,861
Up $2,186 (+2.8%) from 2022
Net Income
Up$11,302
Up $9,898 (+705%) from 2022
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.
To support funsepa, guatemala's leading educational ngo,working to improve the quality of education by bringingcomputers and technology to over 600,000 students and training over 90,000 teachers
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $142,493 | $153,795 | ▲ $11,302 |
| Rtn Earn Endowment Incm Other Fnds | $117,334 | $128,636 | ▲ $11,302 |
| Pd in Cap Srpls Land Bldg Eqp Fund | $0 | $0 | → $0 |
| Cap Stk Tr Prin Current Funds | $0 | $0 | → $0 |
| Total Assets | $142,493 | $153,795 | ▲ $11,302 |
| Liabilities | |||
| Other Liabilities | $25,159 | $25,159 | → $0 |
| Total Liabilities | $25,159 | $25,159 | → $0 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $117,334 | $128,636 | ▲ $11,302 |
| Total Liabilities and Net Assets / Fund Balance | $142,493 | $153,795 | ▲ $11,302 |
| Name | Title |
|---|---|
| Carolina Paiz | President & Sec |
| Salvador Paiz | Vice President |
| Ariela Mathusius | Director |
| Kevin Wilson | Director |
| Michelle Dorian | Director |
| Paula Arrojo | Director |
| Pedro Chomnalez | Director |
| Stella Los De Paiz | Director |
| Wilmar Mejia | Secretary |
| Maria Herrera | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $47,361 |
| Grants and Similar Amounts Paid | $32,000 |
| Professional Fundraising Fees | $500 |
| Total Fundraising Expense | $500 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Fees for Services Management | - | $39,827 | - | $39,827 |
| Foreign Grants | $32,000 | - | - | $32,000 |
| Other Expenses | - | $6,029 | - | $6,029 |
| Travel | - | $1,505 | - | $1,505 |
| Fees for Services Professional Fundraising | - | - | $500 | $500 |
| Total Functional Expenses | $32,000 | $47,361 | $500 | $79,861 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $500 |
| Liability | Amount |
|---|---|
| From Affiliates | $25,159 |
“No review was or will be conducted.”
“No other documents available to the public.”
“Arrived at by vote of directors of charitable entity.”
“SEE SCHEDULE O”
“Technology for education our 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 eleven-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.”
“Computers for teachers the delivery of computers to public schools has shown us that kids have an inate talent that allows them to learn new technologies. But how can a teacher give lessons on computer- related subjects if he or she doesn't 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 microsoft and funsepa, some 57,000 teachers have obtained computers. That's 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.”
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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| IRS990/MissionDesc | 0 | TO SUPPORT FUNSEPA, GUATEMALA'S LEADING EDUCATIONAL NGO,WORKING TO IMPROVE THE QUALITY OF EDUCATION BY BRINGING COMPUTERS AND TECHNOLOGY TO OVER 600,000 STUDENTS ANDTRAINING OVER 90,000 TEACHERS. |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | TECHNOLOGY FOR EDUCATION OUR 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 ELEVEN-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. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | COMPUTERS FOR TEACHERS THE DELIVERY OF COMPUTERS TO PUBLIC SCHOOLS HAS SHOWN US THAT KIDS HAVE AN INATE TALENT THAT ALLOWS THEM TO LEARN NEW TECHNOLOGIES. BUT HOW CAN A TEACHER GIVE LESSONS ON COMPUTER- RELATED SUBJECTS IF HE OR SHE DOESN'T 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 MICROSOFT AND FUNSEPA, SOME 57,000 TEACHERS HAVE OBTAINED COMPUTERS. THAT'S 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. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | NO REVIEW WAS OR WILL BE CONDUCTED. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | NO OTHER DOCUMENTS AVAILABLE TO THE PUBLIC. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | ARRIVED AT BY VOTE OF DIRECTORS OF CHARITABLE ENTITY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | SEE SCHEDULE O |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART III, LINE 4A - PROGRAM SERVICE ACCOMPLISHMENTS |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART III, LINE 4B - PROGRAM SERVICE ACCOMPLISHMENTS |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, LINE 11B - FORM 990 REVIEW PROCESS |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, LINE 19 - OTHER ORGANIZATION DOCUMENTS PUBLICLY AVAILABL |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PART VI, SECTION C, LINE 19 |
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Displayed year
2023 • Form 990Detailed filing. Detailed filing data is available for this year.