Civic Intelligence

Sucede Inc.

990 • Fiscal year 2017 • EIN 51-0460145

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 09, 2018

290 Cranwood DriveKey Biscayne, FL 33149

(305) 692-0141

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

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

Liabilities / Revenue

56th percentile

0.00x

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

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

Net Margin

32nd percentile

-4.1%

Higher net margin than 32% of similar nonprofits.

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

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

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

Asset Growth

3rd percentile

-88%

Faster asset growth than 3% of similar nonprofits.

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

Revenue Growth

96th percentile

186%

Faster revenue growth than 96% of similar nonprofits.

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

Assets

Down

$1,607

Down $11,915 (-88%) from 2016

Net Assets

Down

$1,607

Down $11,915 (-88%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue

Up

$293,522

Up $190,810 (+186%) from 2016

Expenses

Up

$305,437

Up $199,444 (+188%) from 2016

Net Income

Down

-$11,915

Down $8,634 (-263%) from 2016

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

2017

Assets$1,607
Liabilities$0
Net Assets$1,607

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

2017

Revenue$293,522
Expenses$305,437
Net Income-$11,915
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 9, 2018
Return Version
2017v2.3
Gross Receipts
$293,522
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$13,522$1,607▼ $11,915
Total Assets$13,522$1,607▼ $11,915
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$13,522$1,607▼ $11,915
Total Net Assets Fund Balance$13,522$1,607▼ $11,915
Total Liabilities and Net Assets / Fund Balance$13,522$1,607▼ $11,915

Asset Categories

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

Board Members and Trustees

NameTitle
Alfredo LlosaDirector
Carolina RaaijenDirector
Julio C NoriegaDirector
Maria Pia LeonDirector
Carolina LlosaExctve Direc
Revenue and Support

Revenue Composition

Contributions and Grants
$293,522
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$293,522
Change in Net Assets
$-11,915

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported Amount
Works of Art1$62,450
Total Noncash Contributions1$62,450
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$296,253
Other Expenses$9,184
Total Fundraising Expense$2,960
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$296,253--$296,253
Travel$2,959-$2,960$5,919
Conferences and Meetings$1,371--$1,371
Other Expenses$348$287-$287
All Other Expenses-$101-$101
Total Functional Expenses$300,931$1,546$2,960$305,437
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

Filer Name
Sucede Inc
EIN
51-0460145
Phone
3056920141
Address
290 CRANWOOD DRIVE, KEY BISCAYNE, FL 33149

Signing Officer

Name
Carolina Llosa
Title
Exctve Direc
Phone
3059134630
Signed
2018-11-09

Organization Details

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

Preparer

Firm
Myriam C Gonzalez Pa
Address
999 PONCE DE LEON BLVD 705, CORAL GABLES, FL 33134
Preparer
Myriam C Gonzalez
Phone
3054424120
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

Each year, giving access to inspiring and reflexive cultural experiences that teach about identity and heritage, allowing students to reflect also about their future. The promotion of arts and culture is essential to every student's integral education, since they are key elements for shaping identity and a fundamental basis for the development of the country. Tierra y ser los aviadores 217 / urb. Santa mara santiago de surco, lima 33, per in march 2017, sucede supported the victims of "el nio costero" flooding in the northern areas of per. Mudslides and flash floods caused more than 98 deaths and more than 198,220 homes were affected. Sucede carried out an emergency relief campaign among usa individual donors and foundations supporting the local organization "tierra y ser" to provide relief for the victims of this natural disaster. Fundacion la calera fundo la calera s/n alto larn, chincha, ica, per fundacin la calera is a peruvian nonprofit organization based in the region of chincha, per, that aims to improve the living conditions of the community of the town of alto larn. In 2017, sucede supported the on-going implementation of the community- based waste management program; the children's land program and the summer program for children of "virgen de ftima" primary school in alton larn. Nuna ayni pedro de osma 101, barranco, lima, 4, per nuna ayni is a peruvian nonprofit organization that promotes a methodological approach that consists of experiential activities that improve the quality of peoples lives by promoting a positive social and ecological impact. Nuna ayni`s programs fall under the four main areas: integral health, ecology, arts & culture and sustainability. In 2017, sucede supported the implementation of workshops in the province of iquitos, per, aiming at raising awareness about the urgent need to protect and preserve of the environment with the participation of local indigenous communities. Asociacin unmonos calle santa marta 111 arequipa, peru unmonos school attends children with special needs, mainly children with mental disabilities like down syndrome, that belong to low-income families. Based in the south of per, in the city of arequipa, unmonos school accompanies their students from their early years to their 18-20s, when they continue to be supported by proyecto unmonos, a labor inclusion initiative. In 2017, sucede supported the project "nutritional program for unmonos school students" that aims to provide lunch for 80 students during the hours they are at the school. Various academic studies provide evidence that the access to appropriate nutrition does offer students better chances to reach their learning potential.

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

DEPRECIATION EXPENSE.

Raw XML Appendix319 raw XML fields

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/Desc0THE INITIATIVES SUCEDE, INC. SUPPORTED DURING 2017 WERE THE FOLLOWING: MUSEO DE ARTE DE LIMA (MALI) PASEO COLN 125 LIMA 1, PER 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 WELL AS REPUBLICAN AND CONTEMPORARY WORKS. MALI RECEIVES MORE THAN 10,000 STUDENTS EACH YEAR, GIVING ACCESS TO INSPIRING AND REFLEXIVE CULTURAL EXPERIENCES THAT TEACH ABOUT IDENTITY AND HERITAGE, ALLOWING STUDENTS TO REFLECT ALSO ABOUT THEIR FUTURE. THE PROMOTION OF ARTS AND CULTURE IS ESSENTIAL TO EVERY STUDENT'S INTEGRAL EDUCATION, SINCE THEY ARE KEY ELEMENTS FOR SHAPING IDENTITY AND A FUNDAMENTAL BASIS FOR THE DEVELOPMENT OF THE COUNTRY. TIERRA Y SER LOS AVIADORES 217 / URB. SANTA MARA SANTIAGO DE SURCO, LIMA 33, PER IN MARCH 2017, SUCEDE SUPPORTED THE VICTIMS OF "EL NIO COSTERO" FLOODING IN THE NORTHERN AREAS OF PER. MUDSLIDES AND FLASH FLOODS CAUSED MORE THAN 98 DEATHS AND MORE THAN 198,220 HOMES WERE AFFECTED. SUCEDE CARRIED OUT AN EMERGENCY RELIEF CAMPAIGN AMONG USA INDIVIDUAL DONORS AND FOUNDATIONS SUPPORTING THE LOCAL ORGANIZATION "TIERRA Y SER" TO PROVIDE RELIEF FOR THE VICTIMS OF THIS NATURAL DISASTER. FUNDACION LA CALERA FUNDO LA CALERA S/N ALTO LARN, CHINCHA, ICA, PER FUNDACIN LA CALERA IS A PERUVIAN NONPROFIT ORGANIZATION BASED IN THE REGION OF CHINCHA, PER, THAT AIMS TO IMPROVE THE LIVING CONDITIONS OF THE COMMUNITY OF THE TOWN OF ALTO LARN. IN 2017, SUCEDE SUPPORTED THE ON-GOING IMPLEMENTATION OF THE COMMUNITY- BASED WASTE MANAGEMENT PROGRAM; THE CHILDREN'S LAND PROGRAM AND THE SUMMER PROGRAM FOR CHILDREN OF "VIRGEN DE FTIMA" PRIMARY SCHOOL IN ALTON LARN. NUNA AYNI PEDRO DE OSMA 101, BARRANCO, LIMA, 4, PER NUNA AYNI IS A PERUVIAN NONPROFIT ORGANIZATION THAT PROMOTES A METHODOLOGICAL APPROACH THAT CONSISTS OF EXPERIENTIAL ACTIVITIES THAT IMPROVE THE QUALITY OF PEOPLES LIVES BY PROMOTING A POSITIVE SOCIAL AND ECOLOGICAL IMPACT. NUNA AYNI`S PROGRAMS FALL UNDER THE FOUR MAIN AREAS: INTEGRAL HEALTH, ECOLOGY, ARTS & CULTURE AND SUSTAINABILITY. IN 2017, SUCEDE SUPPORTED THE IMPLEMENTATION OF WORKSHOPS IN THE PROVINCE OF IQUITOS, PER, AIMING AT RAISING AWARENESS ABOUT THE URGENT NEED TO PROTECT AND PRESERVE OF THE ENVIRONMENT WITH THE PARTICIPATION OF LOCAL INDIGENOUS COMMUNITIES. ASOCIACIN UNMONOS CALLE SANTA MARTA 111 AREQUIPA, PERU UNMONOS SCHOOL ATTENDS CHILDREN WITH SPECIAL NEEDS, MAINLY CHILDREN WITH MENTAL DISABILITIES LIKE DOWN SYNDROME, THAT BELONG TO LOW-INCOME FAMILIES. BASED IN THE SOUTH OF PER, IN THE CITY OF AREQUIPA, UNMONOS SCHOOL ACCOMPANIES THEIR STUDENTS FROM THEIR EARLY YEARS TO THEIR 18-20S, WHEN THEY CONTINUE TO BE SUPPORTED BY PROYECTO UNMONOS, A LABOR INCLUSION INITIATIVE. IN 2017, SUCEDE SUPPORTED THE PROJECT "NUTRITIONAL PROGRAM FOR UNMONOS SCHOOL STUDENTS" THAT AIMS TO PROVIDE LUNCH FOR 80 STUDENTS DURING THE HOURS THEY ARE AT THE SCHOOL. VARIOUS ACADEMIC STUDIES PROVIDE EVIDENCE THAT THE ACCESS TO APPROPRIATE NUTRITION DOES OFFER STUDENTS BETTER CHANCES TO REACH THEIR LEARNING POTENTIAL.
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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/ExplanationTxt1EACH YEAR, GIVING ACCESS TO INSPIRING AND REFLEXIVE CULTURAL EXPERIENCES THAT TEACH ABOUT IDENTITY AND HERITAGE, ALLOWING STUDENTS TO REFLECT ALSO ABOUT THEIR FUTURE. THE PROMOTION OF ARTS AND CULTURE IS ESSENTIAL TO EVERY STUDENT'S INTEGRAL EDUCATION, SINCE THEY ARE KEY ELEMENTS FOR SHAPING IDENTITY AND A FUNDAMENTAL BASIS FOR THE DEVELOPMENT OF THE COUNTRY. TIERRA Y SER LOS AVIADORES 217 / URB. SANTA MARA SANTIAGO DE SURCO, LIMA 33, PER IN MARCH 2017, SUCEDE SUPPORTED THE VICTIMS OF "EL NIO COSTERO" FLOODING IN THE NORTHERN AREAS OF PER. MUDSLIDES AND FLASH FLOODS CAUSED MORE THAN 98 DEATHS AND MORE THAN 198,220 HOMES WERE AFFECTED. SUCEDE CARRIED OUT AN EMERGENCY RELIEF CAMPAIGN AMONG USA INDIVIDUAL DONORS AND FOUNDATIONS SUPPORTING THE LOCAL ORGANIZATION "TIERRA Y SER" TO PROVIDE RELIEF FOR THE VICTIMS OF THIS NATURAL DISASTER. FUNDACION LA CALERA FUNDO LA CALERA S/N ALTO LARN, CHINCHA, ICA, PER FUNDACIN LA CALERA IS A PERUVIAN NONPROFIT ORGANIZATION BASED IN THE REGION OF CHINCHA, PER, THAT AIMS TO IMPROVE THE LIVING CONDITIONS OF THE COMMUNITY OF THE TOWN OF ALTO LARN. IN 2017, SUCEDE SUPPORTED THE ON-GOING IMPLEMENTATION OF THE COMMUNITY- BASED WASTE MANAGEMENT PROGRAM; THE CHILDREN'S LAND PROGRAM AND THE SUMMER PROGRAM FOR CHILDREN OF "VIRGEN DE FTIMA" PRIMARY SCHOOL IN ALTON LARN. NUNA AYNI PEDRO DE OSMA 101, BARRANCO, LIMA, 4, PER NUNA AYNI IS A PERUVIAN NONPROFIT ORGANIZATION THAT PROMOTES A METHODOLOGICAL APPROACH THAT CONSISTS OF EXPERIENTIAL ACTIVITIES THAT IMPROVE THE QUALITY OF PEOPLES LIVES BY PROMOTING A POSITIVE SOCIAL AND ECOLOGICAL IMPACT. NUNA AYNI`S PROGRAMS FALL UNDER THE FOUR MAIN AREAS: INTEGRAL HEALTH, ECOLOGY, ARTS & CULTURE AND SUSTAINABILITY. IN 2017, SUCEDE SUPPORTED THE IMPLEMENTATION OF WORKSHOPS IN THE PROVINCE OF IQUITOS, PER, AIMING AT RAISING AWARENESS ABOUT THE URGENT NEED TO PROTECT AND PRESERVE OF THE ENVIRONMENT WITH THE PARTICIPATION OF LOCAL INDIGENOUS COMMUNITIES. ASOCIACIN UNMONOS CALLE SANTA MARTA 111 AREQUIPA, PERU UNMONOS SCHOOL ATTENDS CHILDREN WITH SPECIAL NEEDS, MAINLY CHILDREN WITH MENTAL DISABILITIES LIKE DOWN SYNDROME, THAT BELONG TO LOW-INCOME FAMILIES. BASED IN THE SOUTH OF PER, IN THE CITY OF AREQUIPA, UNMONOS SCHOOL ACCOMPANIES THEIR STUDENTS FROM THEIR EARLY YEARS TO THEIR 18-20S, WHEN THEY CONTINUE TO BE SUPPORTED BY PROYECTO UNMONOS, A LABOR INCLUSION INITIATIVE. IN 2017, SUCEDE SUPPORTED THE PROJECT "NUTRITIONAL PROGRAM FOR UNMONOS SCHOOL STUDENTS" THAT AIMS TO PROVIDE LUNCH FOR 80 STUDENTS DURING THE HOURS THEY ARE AT THE SCHOOL. VARIOUS ACADEMIC STUDIES PROVIDE EVIDENCE THAT THE ACCESS TO APPROPRIATE NUTRITION DOES OFFER STUDENTS BETTER CHANCES TO REACH THEIR LEARNING POTENTIAL.
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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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
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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.$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