Civic Intelligence

Sucede Inc.

990 • Fiscal year 2013 • EIN 51-0460145

Jan 01, 2013 to Dec 31, 2013 • Filed on Aug 05, 2014

360 Glenridge Rd33149

(305) 443-8010

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Liabilities / Revenue

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Net Margin

41st percentile

-0.0%

Higher net margin than 41% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Top Officer Pay

73rd percentile

$0

Higher top officer pay than 73% of similar nonprofits.

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

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Asset Growth

31st percentile

-8.2%

Faster asset growth than 31% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

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

Source year 2013

Assets

Down

$201

Down $18 (-8.2%) from 2012

Net Assets

Down

$201

Down $18 (-8.2%) from 2012

Liabilities

Flat

$0

Flat from 2012

Revenue

$142,829

No earlier filing loaded for comparison.

Expenses

Up

$142,847

Up $62,707 (+78%) from 2012

Net Income

-$18

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$20K$15K$10K$5.0K$0Assets 2010: $338Liabilities 2010: $0Net Assets 2010: $3382010Assets 2011: $2,418Liabilities 2011: $0Net Assets 2011: $2,4182011Assets 2012: $219Liabilities 2012: $0Net Assets 2012: $2192012Assets 2013: $201Liabilities 2013: $0Net Assets 2013: $2012013Assets 2014: $2,615Liabilities 2014: $0Net Assets 2014: $2,6152014Assets 2015: $16,803Liabilities 2015: $0Net Assets 2015: $16,8032015Assets 2016: $13,522Liabilities 2016: $0Net Assets 2016: $13,5222016Assets 2017: $1,607Liabilities 2017: $0Net Assets 2017: $1,6072017Assets 2018: $1,641Liabilities 2018: $0Net Assets 2018: $1,6412018Assets 2019: $2,600Liabilities 2019: $0Net Assets 2019: $2,6002019Assets 2020: $9,894Liabilities 2020: $0Net Assets 2020: $9,8942020Assets 2021: $11,825Liabilities 2021: $0Net Assets 2021: $11,8252021Assets 2022: $11,135Liabilities 2022: $0Net Assets 2022: $11,1352022Assets 2023: $9,747Liabilities 2023: $0Net Assets 2023: $9,7472023Assets 2024: $256Liabilities 2024: $0Net Assets 2024: $2562024

Highlighted filing

2013

Assets$201
Liabilities$0
Net Assets$201

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2010: $29,0762010Expenses 2011: $3,2762011Expenses 2012: $80,1402012Revenue 2013: $142,829Expenses 2013: $142,847Net Income 2013: -$182013Revenue 2014: $112,138Expenses 2014: $109,724Net Income 2014: $2,4142014Revenue 2015: $155,775Expenses 2015: $141,587Net Income 2015: $14,1882015Revenue 2016: $102,712Expenses 2016: $105,993Net Income 2016: -$3,2812016Revenue 2017: $293,522Expenses 2017: $305,437Net Income 2017: -$11,9152017Revenue 2018: $151,200Expenses 2018: $151,166Net Income 2018: $342018Revenue 2019: $110,194Expenses 2019: $109,235Net Income 2019: $9592019Revenue 2020: $803,029Expenses 2020: $795,735Net Income 2020: $7,2942020Revenue 2021: $909,424Expenses 2021: $907,493Net Income 2021: $1,9312021Revenue 2022: $878,119Expenses 2022: $878,809Net Income 2022: -$6902022Revenue 2023: $246,532Expenses 2023: $247,920Net Income 2023: -$1,3882023Revenue 2024: $226,442Expenses 2024: $235,933Net Income 2024: -$9,4912024

Highlighted filing

2013

Revenue$142,829
Expenses$142,847
Net Income-$18
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Aug 5, 2014
Return Version
2013v3.1
Gross Receipts
$142,829
Mission and Program Overview

Mission

To promote and facilitate social investment to latin america, especially to south american countries, in order to support teh region's sustainable development. We mobilize funds to finance result-oriented projects that can produce positive social change for poor and excluded individuals and their communities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$173$201▲ $28
Land, Buildings, and Equipment, Net$46--
Total Assets$219$201▼ $18
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$219$201▼ $18
Total Net Assets Fund Balance$219$201▼ $18
Total Liabilities and Net Assets / Fund Balance$219$201▼ $18

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings-$2,731$2,731
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$142,819
Program Service Revenue
$0
Investment Income
$10
Other Revenue
$0
All Other Contributions
$142,819
Change in Net Assets
$-18
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$136,740
Other Expenses$6,107
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$136,740--$136,740
Conferences and Meetings$2,655--$2,655
Travel$1,400--$1,400
Fees for Services Accounting-$1,000-$1,000
Other Expenses$280$61-$61
All Other Expenses-$60-$60
Depreciation Depletion$46--$46
Fees for Services Other-$33-$33
Total Functional Expenses$141,121$1,726$0$142,847
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
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
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, Page 6, Part VI, Line 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

Sucede, inc. Makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

EIN
51-0460145
Phone
3054438010

Signing Officer

Name
Carolina Llosa
Title
Executive Director
Phone
3054438010
Signed
2014-08-05

Organization Details

Principal Officer
Carolina Llosa
Voting Board Members
1
Independent Board Members
0
Employees
0

Preparer

Preparer
Jose I Padial
Phone
3054438010
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

To promote and facilitate social investment to latin america, especially to south american countries, in order to support teh region's sustainable development. We mobilize funds to finance result-oriented projects that can produce positive social change for poor and excluded individuals and their communities.

Form 990, Page 2, Part III, Line 4A

Through a participatory and inclusive methodology based on motivation, creation of safe and healthy spaces, orientation and acknowledgement. In 2013, sucede supported the second stage of ania's on-going project at the natural history museum of san marcos university, in lima. This project that aims to promote education for sustainable development in homes and schools in lima through the implementation of a childrens land module located at the museum. Kusimayo av. Casuarinas 445 lima, per kusimayo, "happy river" in the quechua language, seeks to improve the life conditions of children and adults affected by poverty and malnutrition in peru. Kusimayo carries out projects that focus on the development of social and environmental values around women, water and respect for peruvian culture. In 2013, sucede supported the implementation of education and nutrition projects that benefit vulnerable population in the southern sierra of per. Danza peru av. Del ejercito 1320 magdalena lima, peru founded by social entrepreneur vania masas, the organization "danza peru" aims to make successful community leaders out of urban street children in peru. Using urban hip-hop dance as an engaging hook, danza peru supplies children with the coaching to generate their own income, enabling them to overcome their situations of vulnerability and neglect. In 2013, sucede facilitated a grant to support the projects: "angeles d1" and "ando danzando". Museo de arte de lima (mali) paseo coln 125, lima 1 per the museo de arte de lima - mali is a non-profit cultural organization devoted to the promotion of the visual arts in per. It houses a representative collection of peruvian art, which witnesses several centuries of cultural transformation, including pre-columbian and colonial objects, as wellas republican and contemporary works. In 2013, sucede supported the on-going project "mali integral renovation program - 2nd stage", which aims to renovate the permanent exhibition galleries located in the second floor of the historic building palacio de la exposicin, and to develop an innovative educational program to offer new services to the visitors. Adu proyecto universal av paseo del republica 1810, of 302 lima, peru adu is a nonprofit organization that aims to overcome racial and ethnic stereotypes by re-imagining peruvian identity through dance, theater and percussion. Ad (which means "friend" in limea slang) encourages its members to combine different dance and music genres, crossing back and forth between tradition and modernity. In 2013, sucede facilitate two grants from the foundation of appalachian ohio to support the general operating expenses of the organization adu proyecto universal.

Form 990, Page 2, Part III, Line 4D

DEPRECIATION EXPENSE.

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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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IRS990/ActivityOrMissionDesc0TO PROMOTE AND FACILITATE SOCIAL INVESTMENT TO LATIN AMERICA, ESPECIALLY TO SOUTH AMERICAN COUNTRIES, IN ORDER TO SUPPORT TEH REGION'S SUSTAINABLE DEVELOPMENT. WE MOBILIZE FUNDS TO FINANCE RESULT-ORIENTED PROJECTS THAT CAN PRODUCE POSITIVE SOCIAL CHANGE FOR POOR AND EXCLUDED INDIVIDUALS AND THEIR COMMUNITIES.
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IRS990/Desc0THE INITIATIVES SUCEDE, INC. SUPPORTED DURING 2013 WERE THE FOLLOWING: ANIA JIRN 2 DE MAYO 273 BARRANCO LIMA, PER THE ASSOCIATION FOR CHILDREN AND THE ENVIRONMENT (ANIA) IS A LEADING LATIN AMERICAN ORGANIZATION THAT PROMOTES SOCIALLY RESPONSIBLE VALUES AND PRACTICES AMONG CHILDREN. ANIA DEVELOPS INITIATIVES THAT FAVOR THE ACTIVE INVOLVEMENT OF BOYS AND GIRLS IN THE IMPROVEMENT OF THEIR ENVIRONMENT THROUGH A PARTICIPATORY AND INCLUSIVE METHODOLOGY BASED ON MOTIVATION, CREATION OF SAFE AND HEALTHY SPACES, ORIENTATION AND ACKNOWLEDGEMENT. IN 2013, SUCEDE SUPPORTED THE SECOND STAGE OF ANIA'S ON-GOING PROJECT AT THE NATURAL HISTORY MUSEUM OF SAN MARCOS UNIVERSITY, IN LIMA. THIS PROJECT THAT AIMS TO PROMOTE EDUCATION FOR SUSTAINABLE DEVELOPMENT IN HOMES AND SCHOOLS IN LIMA THROUGH THE IMPLEMENTATION OF A CHILDRENS LAND MODULE LOCATED AT THE MUSEUM. KUSIMAYO AV. CASUARINAS 445 LIMA, PER KUSIMAYO, "HAPPY RIVER" IN THE QUECHUA LANGUAGE, SEEKS TO IMPROVE THE LIFE CONDITIONS OF CHILDREN AND ADULTS AFFECTED BY POVERTY AND MALNUTRITION IN PERU. KUSIMAYO CARRIES OUT PROJECTS THAT FOCUS ON THE DEVELOPMENT OF SOCIAL AND ENVIRONMENTAL VALUES AROUND WOMEN, WATER AND RESPECT FOR PERUVIAN CULTURE. IN 2013, SUCEDE SUPPORTED THE IMPLEMENTATION OF EDUCATION AND NUTRITION PROJECTS THAT BENEFIT VULNERABLE POPULATION IN THE SOUTHERN SIERRA OF PER. DANZA PERU AV. DEL EJERCITO 1320 MAGDALENA LIMA, PERU FOUNDED BY SOCIAL ENTREPRENEUR VANIA MASAS, THE ORGANIZATION "DANZA PERU" AIMS TO MAKE SUCCESSFUL COMMUNITY LEADERS OUT OF URBAN STREET CHILDREN IN PERU. USING URBAN HIP-HOP DANCE AS AN ENGAGING HOOK, DANZA PERU SUPPLIES CHILDREN WITH THE COACHING TO GENERATE THEIR OWN INCOME, ENABLING THEM TO OVERCOME THEIR SITUATIONS OF VULNERABILITY AND NEGLECT. IN 2013, SUCEDE FACILITATED A GRANT TO SUPPORT THE PROJECTS: "ANGELES D1" AND "ANDO DANZANDO". MUSEO DE ARTE DE LIMA (MALI) PASEO COLN 125, LIMA 1 PER THE MUSEO DE ARTE DE LIMA - MALI IS A NON-PROFIT CULTURAL ORGANIZATION DEVOTED TO THE PROMOTION OF THE VISUAL ARTS IN PER. IT HOUSES A REPRESENTATIVE COLLECTION OF PERUVIAN ART, WHICH WITNESSES SEVERAL CENTURIES OF CULTURAL TRANSFORMATION, INCLUDING PRE-COLUMBIAN AND COLONIAL OBJECTS, AS WELLAS REPUBLICAN AND CONTEMPORARY WORKS. IN 2013, SUCEDE SUPPORTED THE ON-GOING PROJECT "MALI INTEGRAL RENOVATION PROGRAM - 2ND STAGE", WHICH AIMS TO RENOVATE THE PERMANENT EXHIBITION GALLERIES LOCATED IN THE SECOND FLOOR OF THE HISTORIC BUILDING PALACIO DE LA EXPOSICIN, AND TO DEVELOP AN INNOVATIVE EDUCATIONAL PROGRAM TO OFFER NEW SERVICES TO THE VISITORS. ADU PROYECTO UNIVERSAL AV PASEO DEL REPUBLICA 1810, OF 302 LIMA, PERU ADU IS A NONPROFIT ORGANIZATION THAT AIMS TO OVERCOME RACIAL AND ETHNIC STEREOTYPES BY RE-IMAGINING PERUVIAN IDENTITY THROUGH DANCE, THEATER AND PERCUSSION. AD (WHICH MEANS "FRIEND" IN LIMEA SLANG) ENCOURAGES ITS MEMBERS TO COMBINE DIFFERENT DANCE AND MUSIC GENRES, CROSSING BACK AND FORTH BETWEEN TRADITION AND MODERNITY. IN 2013, SUCEDE FACILITATE TWO GRANTS FROM THE FOUNDATION OF APPALACHIAN OHIO TO SUPPORT THE GENERAL OPERATING EXPENSES OF THE ORGANIZATION ADU PROYECTO UNIVERSAL.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO PROMOTE AND FACILITATE SOCIAL INVESTMENT TO LATIN AMERICA, ESPECIALLY TO SOUTH AMERICAN COUNTRIES, IN ORDER TO SUPPORT TEH REGION'S SUSTAINABLE DEVELOPMENT. WE MOBILIZE FUNDS TO FINANCE RESULT-ORIENTED PROJECTS THAT CAN PRODUCE POSITIVE SOCIAL CHANGE FOR POOR AND EXCLUDED INDIVIDUALS AND THEIR COMMUNITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THROUGH A PARTICIPATORY AND INCLUSIVE METHODOLOGY BASED ON MOTIVATION, CREATION OF SAFE AND HEALTHY SPACES, ORIENTATION AND ACKNOWLEDGEMENT. IN 2013, SUCEDE SUPPORTED THE SECOND STAGE OF ANIA'S ON-GOING PROJECT AT THE NATURAL HISTORY MUSEUM OF SAN MARCOS UNIVERSITY, IN LIMA. THIS PROJECT THAT AIMS TO PROMOTE EDUCATION FOR SUSTAINABLE DEVELOPMENT IN HOMES AND SCHOOLS IN LIMA THROUGH THE IMPLEMENTATION OF A CHILDRENS LAND MODULE LOCATED AT THE MUSEUM. KUSIMAYO AV. CASUARINAS 445 LIMA, PER KUSIMAYO, "HAPPY RIVER" IN THE QUECHUA LANGUAGE, SEEKS TO IMPROVE THE LIFE CONDITIONS OF CHILDREN AND ADULTS AFFECTED BY POVERTY AND MALNUTRITION IN PERU. KUSIMAYO CARRIES OUT PROJECTS THAT FOCUS ON THE DEVELOPMENT OF SOCIAL AND ENVIRONMENTAL VALUES AROUND WOMEN, WATER AND RESPECT FOR PERUVIAN CULTURE. IN 2013, SUCEDE SUPPORTED THE IMPLEMENTATION OF EDUCATION AND NUTRITION PROJECTS THAT BENEFIT VULNERABLE POPULATION IN THE SOUTHERN SIERRA OF PER. DANZA PERU AV. DEL EJERCITO 1320 MAGDALENA LIMA, PERU FOUNDED BY SOCIAL ENTREPRENEUR VANIA MASAS, THE ORGANIZATION "DANZA PERU" AIMS TO MAKE SUCCESSFUL COMMUNITY LEADERS OUT OF URBAN STREET CHILDREN IN PERU. USING URBAN HIP-HOP DANCE AS AN ENGAGING HOOK, DANZA PERU SUPPLIES CHILDREN WITH THE COACHING TO GENERATE THEIR OWN INCOME, ENABLING THEM TO OVERCOME THEIR SITUATIONS OF VULNERABILITY AND NEGLECT. IN 2013, SUCEDE FACILITATED A GRANT TO SUPPORT THE PROJECTS: "ANGELES D1" AND "ANDO DANZANDO". MUSEO DE ARTE DE LIMA (MALI) PASEO COLN 125, LIMA 1 PER THE MUSEO DE ARTE DE LIMA - MALI IS A NON-PROFIT CULTURAL ORGANIZATION DEVOTED TO THE PROMOTION OF THE VISUAL ARTS IN PER. IT HOUSES A REPRESENTATIVE COLLECTION OF PERUVIAN ART, WHICH WITNESSES SEVERAL CENTURIES OF CULTURAL TRANSFORMATION, INCLUDING PRE-COLUMBIAN AND COLONIAL OBJECTS, AS WELLAS REPUBLICAN AND CONTEMPORARY WORKS. IN 2013, SUCEDE SUPPORTED THE ON-GOING PROJECT "MALI INTEGRAL RENOVATION PROGRAM - 2ND STAGE", WHICH AIMS TO RENOVATE THE PERMANENT EXHIBITION GALLERIES LOCATED IN THE SECOND FLOOR OF THE HISTORIC BUILDING PALACIO DE LA EXPOSICIN, AND TO DEVELOP AN INNOVATIVE EDUCATIONAL PROGRAM TO OFFER NEW SERVICES TO THE VISITORS. ADU PROYECTO UNIVERSAL AV PASEO DEL REPUBLICA 1810, OF 302 LIMA, PERU ADU IS A NONPROFIT ORGANIZATION THAT AIMS TO OVERCOME RACIAL AND ETHNIC STEREOTYPES BY RE-IMAGINING PERUVIAN IDENTITY THROUGH DANCE, THEATER AND PERCUSSION. AD (WHICH MEANS "FRIEND" IN LIMEA SLANG) ENCOURAGES ITS MEMBERS TO COMBINE DIFFERENT DANCE AND MUSIC GENRES, CROSSING BACK AND FORTH BETWEEN TRADITION AND MODERNITY. IN 2013, SUCEDE FACILITATE TWO GRANTS FROM THE FOUNDATION OF APPALACHIAN OHIO TO SUPPORT THE GENERAL OPERATING EXPENSES OF THE ORGANIZATION ADU PROYECTO UNIVERSAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DEPRECIATION EXPENSE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4SUCEDE, INC. MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
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ReturnHeader/ReturnTs02014-08-06T10:26:06-05:00
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ReturnHeader/TaxPeriodEndDt02013-12-31
ReturnHeader/TaxYr02013

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.00$0.00$0.00$2.26$2.36$0.09
2023Detailed filing. Detailed filing data is available for this year.$0.10$0.00$0.10$2.47$2.48$0.01
2022Detailed filing. Detailed filing data is available for this year.$0.11$0.00$0.11$8.78$8.79$0.01
2021Detailed filing. Detailed filing data is available for this year.$0.12$0.00$0.12$9.09$9.07$0.02
2020Detailed filing. Detailed filing data is available for this year.$0.10$0.00$0.10$8.03$7.96$0.07
2019Detailed filing. Detailed filing data is available for this year.$0.03$0.00$0.03$1.10$1.09$0.01
2018Detailed filing. Detailed filing data is available for this year.$0.02$0.00$0.02$1.51$1.51$0.00
2017Detailed filing. Detailed filing data is available for this year.$0.02$0.00$0.02$2.94$3.05$0.12
2016Detailed filing. Detailed filing data is available for this year.$0.14$0.00$0.14$1.03$1.06$0.03
2015Detailed filing. Detailed filing data is available for this year.$0.17$0.00$0.17$1.56$1.42$0.14
2014Detailed filing. Detailed filing data is available for this year.$0.03$0.00$0.03$1.12$1.10$0.02
2013Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$1.43$1.43$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.00$0.00$0.00$0.80
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.02$0.00$0.02$0.03
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.00$0.00$0.00$0.29