Civic Intelligence

Sostento Inc.

990 • Fiscal year 2024 • EIN 84-3739888

Jan 01, 2024 to Dec 31, 2024 • Filed on Nov 17, 2025

9 Portland PlMontclair, NJ 07042-2810

(202) 716-4901

Siviq Scores

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

Liabilities / Assets

92nd percentile

1.46x

Higher debt load relative to assets than 92% of similar nonprofits.

2024 filings • NTEE E • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

55th percentile

0.15x

Higher debt load relative to revenue than 55% of similar nonprofits.

2024 filings • NTEE E • $1M-$5M nonprofits • Source year 2024

Net Margin

11th percentile

-41%

Higher net margin than 11% of similar nonprofits.

2024 filings • NTEE E • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

67th percentile

$136,957

Higher top officer pay than 67% of similar nonprofits.

Top officer pay equals 10.9% of source-year revenue.

2024 filings • NTEE E • $1M-$5M nonprofits • Source year 2024

Asset Growth

1st percentile

-79%

Faster asset growth than 1% of similar nonprofits.

2024 filings • NTEE E • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

10th percentile

-30%

Faster revenue growth than 10% of similar nonprofits.

2024 filings • NTEE E • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$125,581

Down $460,686 (-79%) from 2023

Net Assets

Down

-$58,019

Down $518,085 (-113%) from 2023

Liabilities

Up

$183,600

Up $57,399 (+45%) from 2023

Revenue

Down

$1,257,116

Down $543,406 (-30%) from 2023

Expenses

Down

$1,775,201

Down $734,167 (-29%) from 2023

Net Income

Up

-$518,085

Up $190,761 (+27%) from 2023

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0-$500KAssets 2020: $93,514Liabilities 2020: $77,224Net Assets 2020: $16,2902020Assets 2021: $525,145Liabilities 2021: $171,153Net Assets 2021: $353,9922021Assets 2022: $1,287,656Liabilities 2022: $118,744Net Assets 2022: $1,168,9122022Assets 2023: $586,267Liabilities 2023: $126,201Net Assets 2023: $460,0662023Assets 2024: $125,581Liabilities 2024: $183,600Net Assets 2024: -$58,0192024

Highlighted filing

2024

Assets$125,581
Liabilities$183,600
Net Assets-$58,019

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 2020: $514,305Expenses 2020: $498,015Net Income 2020: $16,2902020Revenue 2021: $1,623,900Expenses 2021: $1,282,903Net Income 2021: $340,9972021Revenue 2022: $7,428,893Expenses 2022: $6,613,973Net Income 2022: $814,9202022Revenue 2023: $1,800,522Expenses 2023: $2,509,368Net Income 2023: -$708,8462023Revenue 2024: $1,257,116Expenses 2024: $1,775,201Net Income 2024: -$518,0852024

Highlighted filing

2024

Revenue$1,257,116
Expenses$1,775,201
Net Income-$518,085
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 17, 2025
Return Version
2024v5.2
Gross Receipts
$1,257,116
Mission and Program Overview

Mission

To meet the urgent needs of frontline health workers responding to public health emergencies and serving poor and marginalized patients. To provide digital tools and services that allow them to more efficiently and effectively serve their community and save lives. To share best practices among networks of organizations that employ frontline health workers, fundraise for their unmet needs and raise the visibility of their efforts.

Sostento is a nonprofit organization whose mission is to help frontline public health workers save lives.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$8,524$60,444▲ $51,920
Cash and Non-Interest-Bearing Accounts$571,210$56,847▼ $514,363
Prepaid Expenses and Deferred Charges$6,533$8,290▲ $1,757
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$586,267$125,581▼ $460,686
Other Assets Total$0$0→ $0
Liabilities
Deferred Revenue$90,806$164,227▲ $73,421
Accounts Payable and Accrued Expenses$35,395$19,373▼ $16,022
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$126,201$183,600▲ $57,399
Net Assets / Fund Balance
Net Assets With Donor Restrictions$422,887$214,835▼ $208,052
Net Assets Without Donor Restrictions$37,179$-272,854▼ $310,033
Total Net Assets Fund Balance$460,066$-58,019▼ $518,085
Total Liabilities and Net Assets / Fund Balance$586,267$125,581▼ $460,686
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Joseph M AgoadaBoard President and TreasurerFT$136,875$82$136,957
Jennifer EstevezCOOFT$117,208$14,439$131,647
Kristyne HongDirector of ProgramsFT$105,000$9,667$114,667
Jenny LiangBoard SecretaryFT$25,526$16,350$41,876

Board Members and Trustees

NameTitle
Dr David a BrayDirector
Dr John Baptiste NiwagabaDirector
Tina RamirezDirector
Andrew KesselFormer CFO (retired)

Highest Paid Contractors

ContractorServicesLocationCompensation
Christopher HansonTechnical Consult8200 Harbortown Pl, Lone Tree, CO 80124$102,180
Revenue and Support

Revenue Composition

Contributions and Grants
$987,116
Program Service Revenue
$270,000
Investment Income
$0
Other Revenue
$0
All Other Contributions
$926,672
Change in Net Assets
$-518,085

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,257,116
Total Revenue per Audited Statements
$1,257,116
Total Revenue per Form 990
$1,257,116
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,241,551
Other Expenses$487,727
Grants and Similar Amounts Paid$45,923
Total Fundraising Expense$19,519
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$634,746$112,169$9,749$756,664
Current Officers, Directors, Trustees, and Key Employees$221,702$43,150$3,752$268,604
Other Expenses$224,711--$224,711
Fees for Services Other$137,711$24,586$1,000$163,297
Other Employee Benefits$114,901$16,333$1,419$132,653
Payroll Taxes$70,156$12,397$1,077$83,630
Fees for Services Accounting$24,708$24,708-$49,416
Information Technology$14,598$12,747$2,500$29,845
Grants to Domestic Individuals$24,923--$24,923
Grants to Domestic Orgs$21,000--$21,000
Insurance$2,817$5,095$22$7,934
Office Expenses$1,768$6,027-$7,795
Travel$3,175$874-$4,049
Occupancy-$680-$680
Total Functional Expenses$1,496,916$258,766$19,519$1,775,201

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,775,201
Total Expenses per Audited Statements$1,775,201
Total Expenses per Form 990$1,775,201
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
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
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Sostento Inc
EIN
84-3739888
In Care Of
% JEN ESTEVEZ
Phone
2027164901
Address
9 Portland Pl, Montclair, NJ 07042-2810

Signing Officer

Name
Joseph M Agoada
Title
President & CEO
Phone
2027164901
Signed
2025-11-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joseph M Agoada
Formed
2019
Legal Domicile
Nj
Voting Board Members
6
Independent Board Members
5
Employees
17
Volunteers
5

Preparer

Firm
WithumSmithBrown PC
Address
ONE TOWER CENTER BLVD 14TH FL, EAST BRUNSWICK, NJ 08816
Preparer
Brad Caruso
Phone
7328281614
Supplemental Narrative

Additional Explanations

Form 990 Responses:

Form 990, Part VI, Line 2: JOSEPH M. AGOADA AND JENNIFER ESTEVEZ HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, LINE 11B - FORM 990 REVIEW PROCESS: THE FORM 990 IS REVIEWED BY THE PRESIDENT OF THE BOARD AND CHIEF OPERATING OFFICER, AND ANY DISCREPANCIES OR QUESTIONS WILL BE DONE WITH THE PREPARER AND RESOLVED PRIOR TO FILING THE RETURN. THE RETURN IS THEN SHARED WITH THE BOARD OF DIRECTORS. FORM 990, PART VI, LINE 12C - EXPLANATION OF MONITORING AND ENFORCEMENT OF CONFLICTS: ORGANIZATIONAL BYLAWS STATE THAT GOVERNING MEMBERS OF THE BOARD MUST DISCLOSE ANY POTENTIAL OR ACTUAL CONFLICTS THAT MAY EXIST. THE CONFLICT OF INTEREST POLICY IS MADE AVAILABLE TO ALL BOARD MEMBERS WHICH IT MONITORS AND ENFORCES ANNUALLY. IF THE BOARD OR COMMITTEE HAS REASONABLE CAUSE TO BELIEVE A MEMBER HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT SHALL INFORM THE MEMBER OF THE BASIS FOR SUCH BELIEF AND AFFORD THE MEMBER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF, AFTER HEARING THE MEMBER'S RESPONSE AND AFTER MAKING FURTHER INVESTIGATION AS WARRANTED BY THE CIRCUMSTANCES, THE BOARD OR COMMITTEE DETERMINES THE MEMBER HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. FORM 990, PART VI, LINE 15A and 15B - COMPENSATION REVIEW & APPROVAL PROCESS: CEO & TOP MANAGEMENT THE GOVERNING BOARD CONDUCTS RESEARCH INTO INDUSTRY-WIDE STANDARDS TO DETERMINE FAIR COMPENSATION OF THE CEO. UPON RECOMMENDATION FROM THE BOARD AND WITH THE INTERESTED PARTY, WHO IS RECUSED FROM VOTING, ANY REMAINING DISINTERESTED BOARD MEMBERS APPROVE THE PROPOSED COMPENSATION. ANY CHANGES TO CEO'S COMPENSATION MUST BE APPROVED BY THE BOARD. THE BOARD REVIEWS AND VOTES ON ALL CHIEF OFFICERS SALARIES ANNUALLY. FORM 990, PART VI, LINE 19 - OTHER ORGANIZATION DOCUMENTS PUBLICLY AVAILABLE: SOSTENTO INC MAKES AVAILABLE ALL DOCUMENTS REQUIRED WHEN REQUESTED BY THE PUBLIC.

Financial Statement Notes

Form 990, Schedule D, Part X, Line 2:

The organization is a not-for-profit organization as described in section 501(c)(3) of the internal revenue code and is exempt from filing federal and state income tax returns on its exempt activities. The organization did not conduct any unrelated business activities and, therefore, has made no provision for income taxes. The organization evaluates its tax provisions and believes that they are appropriate, and there are no uncertain tax positions based on current facts and circumstances. The organization is required to file form 990 (return of organization exempt from income tax) and the (new jersey charitable registration). The prior three years' tax returns as filed remain open for examination by the respective tax authority.

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IRS990/GamingGrossIncomeAmt00
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IRS990/GrantAmt045923
IRS990/GrantsPayableGrp/BOYAmt00
IRS990/GrantsPayableGrp/EOYAmt00
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt024923
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt024923
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt021000
IRS990/GrantsToDomesticOrgsGrp/TotalAmt021000
IRS990/GrantsToIndividualsInd0true
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
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IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt02500
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt012747
IRS990/InformationTechnologyGrp/ProgramServicesAmt014598
IRS990/InformationTechnologyGrp/TotalAmt029845
IRS990/InsuranceGrp/FundraisingAmt022
IRS990/InsuranceGrp/ManagementAndGeneralAmt05095
IRS990/InsuranceGrp/ProgramServicesAmt02817
IRS990/InsuranceGrp/TotalAmt07934
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IRS990/IntangibleAssetsGrp/EOYAmt00
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IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt00
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IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO MEET THE URGENT NEEDS OF FRONTLINE HEALTH WORKERS RESPONDING TO PUBLIC HEALTH EMERGENCIES AND SERVING POOR AND MARGINALIZED PATIENTS. TO PROVIDE DIGITAL TOOLS AND SERVICES THAT ALLOW THEM TO MORE EFFICIENTLY AND EFFECTIVELY SERVE THEIR COMMUNITY AND SAVE LIVES. TO SHARE BEST PRACTICES AMONG NETWORKS OF ORGANIZATIONS THAT EMPLOY FRONTLINE HEALTH WORKERS, FUNDRAISE FOR THEIR UNMET NEEDS AND RAISE THE VISIBILITY OF THEIR EFFORTS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
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IRS990/NetAssetsOrFundBalancesEOYAmt0-58019
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IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
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IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt037179
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-272854
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt0680
IRS990/OccupancyGrp/TotalAmt0680
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt06027
IRS990/OfficeExpensesGrp/ProgramServicesAmt01768
IRS990/OfficeExpensesGrp/TotalAmt07795
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
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IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt01419
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt016333
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0114901
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0132653
IRS990/OtherExpensesGrp/Desc0RIDE SHARE EXPENSE
IRS990/OtherExpensesGrp/ProgramServicesAmt0224711
IRS990/OtherExpensesGrp/TotalAmt0224711
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt09749
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0112169
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0634746
IRS990/OtherSalariesAndWagesGrp/TotalAmt0756664
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt01077
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt012397
IRS990/PayrollTaxesGrp/ProgramServicesAmt070156
IRS990/PayrollTaxesGrp/TotalAmt083630
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt08524
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt060444
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt06533
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt08290
IRS990/PrincipalOfficerNm0JOSEPH M AGOADA
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0541610
IRS990/ProgramServiceRevenueGrp/Desc0CONSULTING
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0270000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0270000
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01705522
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0147956
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IRS990/PYOtherExpensesAmt0506997
IRS990/PYOtherRevenueAmt00
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IRS990/PYRevenuesLessExpensesAmt0-708846
IRS990/PYSalariesCompEmpBnftPaidAmt01854415
IRS990/PYTotalExpensesAmt02509368
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01800522
IRS990/QuidProQuoContributionsInd0false
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IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-518085
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0270000
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0987116
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01705523
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt07351393
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01555700
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0515089
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt012114821
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0537200
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
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IRS990ScheduleA/PublicSupportCY170Pct00.90907
IRS990ScheduleA/PublicSupportPY170Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt011013231
IRS990ScheduleA/SubstantialContributorsTotAmt01101590
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0987116
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01705523
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt07351393
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01555700
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0515089
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt012114821
IRS990ScheduleA/TotalSupportAmt012114821
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990ScheduleD/ExpensesSubtotalAmt01775201
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/RevenueSubtotalAmt01257116
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS A NOT-FOR-PROFIT ORGANIZATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FILING FEDERAL AND STATE INCOME TAX RETURNS ON ITS EXEMPT ACTIVITIES. THE ORGANIZATION DID NOT CONDUCT ANY UNRELATED BUSINESS ACTIVITIES AND, THEREFORE, HAS MADE NO PROVISION FOR INCOME TAXES. THE ORGANIZATION EVALUATES ITS TAX PROVISIONS AND BELIEVES THAT THEY ARE APPROPRIATE, AND THERE ARE NO UNCERTAIN TAX POSITIONS BASED ON CURRENT FACTS AND CIRCUMSTANCES. THE ORGANIZATION IS REQUIRED TO FILE FORM 990 (RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX) AND THE (NEW JERSEY CHARITABLE REGISTRATION). THE PRIOR THREE YEARS' TAX RETURNS AS FILED REMAIN OPEN FOR EXAMINATION BY THE RESPECTIVE TAX AUTHORITY.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Schedule D, Part X, Line 2:
IRS990ScheduleD/TotalExpensesPerForm990Amt01775201
IRS990ScheduleD/TotalLiabilityAmt00
IRS990ScheduleD/TotalRevenuePerForm990Amt01257116
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01257116
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01775201
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt024923
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Stipends
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt01
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION DOES ITS DUE DILIGENCE WHEN REVIEWING AND SELECTING GRANT RECIPIENTS. ONCE AN ORGANIZATION IS CHOSEN FOR A GRANT, THE PROCESS BEGINS WITH THE GRANTEE SIGNING AN AGREEMENT, SUBMITTING TAX AND PAYMENT DOCUMENTATION THAT IS FIRST REVIEWED BY THE COO FOR COMPLETENESS AND THEN BY THE CEO FOR FINAL SIGNATURE AND APPROVAL. THE COO IS THEN UPDATED BY PROGRAMMATIC STAFF OF THE GRANTEE'S COMPLETION OF ACTIVITIES OUTLINED IN THE AGREEMENT. FOR GRANTS DISSEMINATED USING STATE FUNDS, THE GRANTEE MUST SUBMIT FINANCIAL DOCUMENTATION OUTLINING ALL EXPENDITURES WHICH IS REVIEWED BY COO FOR COMPLIANCE AND COMPLETION.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Schedule I, Part I - Line 2:
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Form 990, Part VI, Line 2: JOSEPH M. AGOADA AND JENNIFER ESTEVEZ HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, LINE 11B - FORM 990 REVIEW PROCESS: THE FORM 990 IS REVIEWED BY THE PRESIDENT OF THE BOARD AND CHIEF OPERATING OFFICER, AND ANY DISCREPANCIES OR QUESTIONS WILL BE DONE WITH THE PREPARER AND RESOLVED PRIOR TO FILING THE RETURN. THE RETURN IS THEN SHARED WITH THE BOARD OF DIRECTORS. FORM 990, PART VI, LINE 12C - EXPLANATION OF MONITORING AND ENFORCEMENT OF CONFLICTS: ORGANIZATIONAL BYLAWS STATE THAT GOVERNING MEMBERS OF THE BOARD MUST DISCLOSE ANY POTENTIAL OR ACTUAL CONFLICTS THAT MAY EXIST. THE CONFLICT OF INTEREST POLICY IS MADE AVAILABLE TO ALL BOARD MEMBERS WHICH IT MONITORS AND ENFORCES ANNUALLY. IF THE BOARD OR COMMITTEE HAS REASONABLE CAUSE TO BELIEVE A MEMBER HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT SHALL INFORM THE MEMBER OF THE BASIS FOR SUCH BELIEF AND AFFORD THE MEMBER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF, AFTER HEARING THE MEMBER'S RESPONSE AND AFTER MAKING FURTHER INVESTIGATION AS WARRANTED BY THE CIRCUMSTANCES, THE BOARD OR COMMITTEE DETERMINES THE MEMBER HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. FORM 990, PART VI, LINE 15A and 15B - COMPENSATION REVIEW & APPROVAL PROCESS: CEO & TOP MANAGEMENT THE GOVERNING BOARD CONDUCTS RESEARCH INTO INDUSTRY-WIDE STANDARDS TO DETERMINE FAIR COMPENSATION OF THE CEO. UPON RECOMMENDATION FROM THE BOARD AND WITH THE INTERESTED PARTY, WHO IS RECUSED FROM VOTING, ANY REMAINING DISINTERESTED BOARD MEMBERS APPROVE THE PROPOSED COMPENSATION. ANY CHANGES TO CEO'S COMPENSATION MUST BE APPROVED BY THE BOARD. THE BOARD REVIEWS AND VOTES ON ALL CHIEF OFFICERS SALARIES ANNUALLY. FORM 990, PART VI, LINE 19 - OTHER ORGANIZATION DOCUMENTS PUBLICLY AVAILABLE: SOSTENTO INC MAKES AVAILABLE ALL DOCUMENTS REQUIRED WHEN REQUESTED BY THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 Responses:
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NJ
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false

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