Civic Intelligence

Adelante Foundation Inc

990 • Fiscal year 2015 • EIN 94-3329340

Jan 01, 2015 to Dec 31, 2015 • Filed on Nov 01, 2016

Organization Profilewww.ADELANTEFOUNDATION.ORG
280 Olive StreetDenver, CO 80220

(303) 340-0965

Siviq Scores

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

Liabilities / Assets

75th percentile

0.41x

Higher debt load relative to assets than 75% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

80th percentile

0.67x

Higher debt load relative to revenue than 80% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

76th percentile

17%

Higher net margin than 76% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

83rd percentile

23%

Faster asset growth than 83% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

78th percentile

23%

Faster revenue growth than 78% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets75th percentile

Assets

Up

$1,860,920

Up $347,445 (+23%) from 2014

Net Assets

Up

$1,098,534

Up $188,596 (+21%) from 2014

Liabilities

Up

$762,386

Up $158,849 (+26%) from 2014

Revenue And Expenses
Liabilities / Revenue80th percentileNet Margin76th percentile

Revenue

Up

$1,133,845

Up $210,119 (+23%) from 2014

Expenses

Up

$945,249

Up $1,615 (+0.2%) from 2014

Net Income

Up

$188,596

Up $208,504 (+1047%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth83rd percentile

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

$3.0M$2.0M$1.0M$0Assets 2011: $1,439,468Liabilities 2011: $843,122Net Assets 2011: $596,3462011Assets 2012: $1,477,416Liabilities 2012: $713,435Net Assets 2012: $763,9812012Assets 2013: $1,795,278Liabilities 2013: $865,432Net Assets 2013: $929,8462013Assets 2014: $1,513,475Liabilities 2014: $603,537Net Assets 2014: $909,9382014Assets 2015: $1,860,920Liabilities 2015: $762,386Net Assets 2015: $1,098,5342015Assets 2016: $2,024,510Liabilities 2016: $729,879Net Assets 2016: $1,294,6312016Assets 2017: $2,273,613Liabilities 2017: $751,500Net Assets 2017: $1,522,1132017Assets 2018: $2,315,838Liabilities 2018: $670,210Net Assets 2018: $1,645,6282018Assets 2019: $2,324,885Liabilities 2019: $641,587Net Assets 2019: $1,683,2982019Assets 2020: $2,098,055Liabilities 2020: $573,567Net Assets 2020: $1,524,4882020Assets 2021: $2,188,726Liabilities 2021: $485,693Net Assets 2021: $1,703,0332021Assets 2022: $2,294,344Liabilities 2022: $489,947Net Assets 2022: $1,804,3972022Assets 2023: $2,492,860Liabilities 2023: $497,001Net Assets 2023: $1,995,8592023Assets 2024: $2,607,900Liabilities 2024: $489,280Net Assets 2024: $2,118,6202024

Highlighted filing

2015

Assets$1,860,920
Liabilities$762,386
Net Assets$1,098,534
Open 2015 Filing

Operations Trend

Revenue Growth78th percentile

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $860,362Expenses 2011: $765,800Net Income 2011: $94,5622011Revenue 2012: $914,667Expenses 2012: $780,379Net Income 2012: $134,2882012Revenue 2013: $1,042,355Expenses 2013: $869,490Net Income 2013: $172,8652013Revenue 2014: $923,726Expenses 2014: $943,634Net Income 2014: -$19,9082014Revenue 2015: $1,133,845Expenses 2015: $945,249Net Income 2015: $188,5962015Revenue 2016: $1,133,476Expenses 2016: $937,379Net Income 2016: $196,0972016Revenue 2017: $1,204,947Expenses 2017: $977,467Net Income 2017: $227,4802017Revenue 2018: $1,116,237Expenses 2018: $976,611Net Income 2018: $139,6262018Revenue 2019: $1,206,507Expenses 2019: $1,135,244Net Income 2019: $71,2632019Revenue 2020: $894,170Expenses 2020: $1,083,188Net Income 2020: -$189,0182020Revenue 2021: $1,061,770Expenses 2021: $923,559Net Income 2021: $138,2112021Revenue 2022: $1,060,392Expenses 2022: $1,011,670Net Income 2022: $48,7222022Revenue 2023: $1,271,445Expenses 2023: $1,139,839Net Income 2023: $131,6062023Revenue 2024: $1,354,720Expenses 2024: $1,176,352Net Income 2024: $178,3682024

Highlighted filing

2015

Revenue$1,133,845
Expenses$945,249
Net Income$188,596
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 1, 2016
Return Version
2015v2.1
Gross Receipts
$1,133,845
Mission and Program Overview

Mission

The mission of adelante is to empower enterprising women the least opportunity to achieve economic self sufficiency.

The adelante foundation, inc. Is a microfinance institution operating in honduras.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$1,164,358$1,407,473▲ $243,115
Cash and Non-Interest-Bearing Accounts$118,826$251,660▲ $132,834
Savings and Temporary Cash Investments$108,542$105,085▼ $3,457
Land, Buildings, and Equipment, Net$112,487$88,423▼ $24,064
Total Assets$1,513,475$1,860,920▲ $347,445
Other Assets Total$9,262$8,279▼ $983
Liabilities
Other Liabilities$410,323$516,449▲ $106,126
Unsecured Notes Loans Payable$107,500$151,380▲ $43,880
Accounts Payable and Accrued Expenses$70,590$94,557▲ $23,967
Mortgage Notes Payable Secured by Investment Property$15,124--
Total Liabilities$603,537$762,386▲ $158,849
Net Assets / Fund Balance
Unrestricted Net Assets$882,004$1,088,534▲ $206,530
Temporarily Rstr Net Assets$27,934$10,000▼ $17,934
Total Net Assets Fund Balance$909,938$1,098,534▲ $188,596
Total Liabilities and Net Assets / Fund Balance$1,513,475$1,860,920▲ $347,445

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$88,423$102,909$191,332
Compensation and Service Providers
Top Officer Pay35th percentile

Board Members and Trustees

NameTitle
Robert JohnsonBoard Chairman
Richard HayesPresident
Bob SampleDirector
Bonnie FleimingDirector
Janet WiesnerDirector
John KendallDirector
Pat WiesnerDirector
Anthony StoneDirector/founder
Christianne AriasSecretary
Mike WiesnerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$196,932
Program Service Revenue
$936,913
Investment Income
$0
Other Revenue
$0
All Other Contributions
$196,932
Change in Net Assets
$188,596

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,133,845
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,133,845
Total Revenue per Form 990
$1,133,845
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$476,898
Salaries, Compensation, and Employee Benefits$468,351
Total Fundraising Expense$61,145
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$331,082$70,153$34,879$436,114
Office Expenses$48,690$11,030-$59,720
Fees for Services Other$42,455$7,645$1,958$52,058
Occupancy$42,132$9,269-$51,401
Travel$16,085$15,793$4,610$36,488
Other Employee Benefits$18,387$4,401$9,449$32,237
Other Expenses$26,379$5,403$0$31,782
Depreciation Depletion$23,467$6,052-$29,519
Fees for Services Accounting$23,659$4,262$1,091$29,012
All Other Expenses$14,330$2,935$1,824$19,089
Interest$8,763$387-$9,150
Total Functional Expenses$726,783$157,321$61,145$945,249

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$945,249
Total Expenses per Audited Statements$945,249
Total Expenses per Form 990$945,249
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

International Summary

Offices
5
Employees
45
Spending
$753,699

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

International Activities

RegionActivityServicesOfficesEmployeesSpending
HondurasThe Offices in Honduras Are Dedicated to Program Services.The Provision of Loans and Educational Support to Primarily Women in Rural Honduras Employing the Grameen Methodological Model.545$753,699
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Guaranteed Deposits$516,449
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Section A, line 2

“There is one married couple serving on the board. In addition, one member of the board is the son of the married couple.”

Form 990, Part VI, Section B, line 11

“The 990 is circulated via e-mail to all board members and selected executives for review and comment prior to submission.”

Form 990, Part VI, Section B, line 12C

“The organization monitors potential conflicts of interest in its two annual meetings and reviews of the organizations finances and contracting.”

Form 990, Part VI, Section C, line 19

“The most current form 990 is available upon request and posted on the foundations web page. The honduran audited financial statements are available upon request. The 2014 audited financial statements are available on the web site and upon request. The 2015 audited financial statements will be made available on the web site once completed. The foundations organizational and other documents are available upon request.”

Filing and Contact Details

Filer

Filer Name
Adelante Foundation Inc
EIN
94-3329340
Phone
3033400965
Address
280 OLIVE STREET, DENVER, CO 80220

Signing Officer

Name
Richard B Hayes
Title
President
Phone
3033400965
Signed
2016-11-01

Organization Details

Principal Officer
Richard B Hayes
Formed
1999
Legal Domicile
Co
Voting Board Members
12
Independent Board Members
12
Employees
3
Volunteers
0
Supplemental Narrative

Financial Statement Notes

Part X, Line 2:

“The honduran government issued a decree which eliminated the tax exempt status granted to organizations such as adelante. The decree provides that the executive agency of revenue will review such status each year and make a determination regarding tax exempt status. Adelante has received exemptions for 2010 and 2011. The submissions for the years 2012 to 2015 are still being processed.”

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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/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt35403
IRS990/OtherExpensesGrp/ProgramServicesAmt050952
IRS990/OtherExpensesGrp/ProgramServicesAmt144143
IRS990/OtherExpensesGrp/ProgramServicesAmt236259
IRS990/OtherExpensesGrp/ProgramServicesAmt326379
IRS990/OtherExpensesGrp/TotalAmt069236
IRS990/OtherExpensesGrp/TotalAmt153184
IRS990/OtherExpensesGrp/TotalAmt236259
IRS990/OtherExpensesGrp/TotalAmt331782
IRS990/OtherLiabilitiesGrp/BOYAmt0410323
IRS990/OtherLiabilitiesGrp/EOYAmt0516449
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt034879
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt070153
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0331082
IRS990/OtherSalariesAndWagesGrp/TotalAmt0436114
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0RICHARD B HAYES
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0525990
IRS990/ProgramServiceRevenueGrp/Desc0MICROCREDIT INTEREST
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0936913
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0936913
IRS990/ProgSrvcAccomActy2Grp/Desc0ADELANTE MADE OVER 7,000 EDUCATIONAL PRESENTATIONS TO ITS CLIENTS IN 2015 FOCUSING THE EDUCATIONAL CONTENT TOWARD BUSINESS TOPICS. IT ALSO PROVIDED EDUCATIONAL PROGRAMS DEALING WITH CURRENT HEALTH ISSUES IN HONDURAS.
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0188233
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0463772
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0735493
IRS990/PYRevenuesLessExpensesAmt0-19908
IRS990/PYSalariesCompEmpBnftPaidAmt0479862
IRS990/PYTotalExpensesAmt0943634
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0923726
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0188596
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0936913
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0108542
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0105085
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0176617
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0188233
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0176015
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt096280
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0130957
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0768102
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0768102
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0176617
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0188233
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0176015
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt096280
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0130957
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0768102
IRS990ScheduleA/TotalSupportAmt0768102
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0945249
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt088423
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0102909
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0191332
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0516449
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0GUARANTEED DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01133845
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE HONDURAN GOVERNMENT ISSUED A DECREE WHICH ELIMINATED THE TAX EXEMPT STATUS GRANTED TO ORGANIZATIONS SUCH AS ADELANTE. THE DECREE PROVIDES THAT THE EXECUTIVE AGENCY OF REVENUE WILL REVIEW SUCH STATUS EACH YEAR AND MAKE A DETERMINATION REGARDING TAX EXEMPT STATUS. ADELANTE HAS RECEIVED EXEMPTIONS FOR 2010 AND 2011. THE SUBMISSIONS FOR THE YEARS 2012 TO 2015 ARE STILL BEING PROCESSED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt088423
IRS990ScheduleD/TotalExpensesPerForm990Amt0945249
IRS990ScheduleD/TotalLiabilityAmt0516449
IRS990ScheduleD/TotalRevenuePerForm990Amt01133845
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01133845
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0945249
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt045
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt05
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt0753699
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0HONDURAS
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0THE PROVISION OF LOANS AND EDUCATIONAL SUPPORT TO PRIMARILY WOMEN IN RURAL HONDURAS EMPLOYING THE GRAMEEN METHODOLOGICAL MODEL.
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0THE OFFICES IN HONDURAS ARE DEDICATED TO PROGRAM SERVICES.
IRS990ScheduleF/BoycottCountriesInd00
IRS990ScheduleF/ContinuationSpentAmt00
IRS990ScheduleF/ContinutationTotalEmployeeCnt00
IRS990ScheduleF/ContinutationTotalOfficeCnt00
IRS990ScheduleF/ForeignCorpOwnershipInd00
IRS990ScheduleF/ForeignPartnershipInd00
IRS990ScheduleF/InterestInForeignTrustInd00
IRS990ScheduleF/PassiveForeignInvestmestCoInd00
IRS990ScheduleF/SubtotalEmployeesCnt045
IRS990ScheduleF/SubtotalOfficesCnt05
IRS990ScheduleF/SubtotalSpentAmt0753699
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0AS PROVIDED ELSEWHERE IN THIS FORM, THE ADELANTE FOUNDATION, INC. WAS FOUNDED TO DEVELOP A MICROFINANCE INSTITUTION IN HONDURAS. MONIES ARE RAISED IN THE USA TO CAPITALIZE THE HONDURAN OPERATION FUNDING OPERATING LOSSES AND PROVIDING LOAN FUNDS. THE HONDURAN OPERATION HAS AN ACCOUNTING SYSTEM IN PLACE TO MEASURE THE PROGRESS OF THE INSTITUTION. MONTHLY FINANCIAL STATEMENTS ARE PREPARED AND DISTRIBUTED TO OPERATING OFFICERS AND BOARD MEMBERS. THE HONDURAN OPERATION IS AUDITED BY AN OUTSIDE INTERNATIONALLY RECOGNIZED ACCOUNTING FIRM.
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt1THE DETAIL FOR PROGRAM SERVICES CAN BE FOUND IN PART IX OF THIS SUBMISSION.
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2:
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc1Part I, line 3:
IRS990ScheduleF/TotalEmployeeCnt045
IRS990ScheduleF/TotalOfficeCnt05
IRS990ScheduleF/TotalSpentAmt0753699
IRS990ScheduleF/TransferToForeignCorpInd00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THERE IS ONE MARRIED COUPLE SERVING ON THE BOARD. IN ADDITION, ONE MEMBER OF THE BOARD IS THE SON OF THE MARRIED COUPLE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE 990 IS CIRCULATED VIA E-MAIL TO ALL BOARD MEMBERS AND SELECTED EXECUTIVES FOR REVIEW AND COMMENT PRIOR TO SUBMISSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MONITORS POTENTIAL CONFLICTS OF INTEREST IN ITS TWO ANNUAL MEETINGS AND REVIEWS OF THE ORGANIZATIONS FINANCES AND CONTRACTING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE MOST CURRENT FORM 990 IS AVAILABLE UPON REQUEST AND POSTED ON THE FOUNDATIONS WEB PAGE. THE HONDURAN AUDITED FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. THE 2014 AUDITED FINANCIAL STATEMENTS ARE AVAILABLE ON THE WEB SITE AND UPON REQUEST. THE 2015 AUDITED FINANCIAL STATEMENTS WILL BE MADE AVAILABLE ON THE WEB SITE ONCE COMPLETED. THE FOUNDATIONS ORGANIZATIONAL AND OTHER DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, line 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/StatesWhereCopyOfReturnIsFldCd1CO
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt027934
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt010000
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01513475
IRS990/TotalAssetsEOYAmt01860920
IRS990/TotalAssetsGrp/BOYAmt01513475
IRS990/TotalAssetsGrp/EOYAmt01860920
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0196932
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt061145
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0157321
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0726783
IRS990/TotalFunctionalExpensesGrp/TotalAmt0945249
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0603537
IRS990/TotalLiabilitiesEOYAmt0762386
IRS990/TotalLiabilitiesGrp/BOYAmt0603537
IRS990/TotalLiabilitiesGrp/EOYAmt0762386
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0909938
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01098534
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0726783
IRS990/TotalProgramServiceRevenueAmt0936913
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00

Document Assets

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Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,860,920
Liabilities
$762,386
Net assets
$1,098,534
Revenue
$1,133,845
Expenses
$945,249
Net income
$188,596
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.61$0.49$2.12$1.35$1.18$0.18
2023Detailed filing. Detailed filing data is available for this year.$2.49$0.50$2.00$1.27$1.14$0.13
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.29$0.49$1.80$1.06$1.01$0.05
2021Detailed filing. Detailed filing data is available for this year.$2.19$0.49$1.70$1.06$0.92$0.14
2020Detailed filing. Detailed filing data is available for this year.$2.10$0.57$1.52$0.89$1.08$0.19
2019Detailed filing. Detailed filing data is available for this year.$2.32$0.64$1.68$1.21$1.14$0.07
2018Summary only. Only limited summary data is available for this year.$2.32$0.67$1.65$1.12$0.98$0.14
2017Detailed filing. Detailed filing data is available for this year.$2.27$0.75$1.52$1.20$0.98$0.23
2016Detailed filing. Detailed filing data is available for this year.$2.02$0.73$1.29$1.13$0.94$0.20
2015Detailed filing. Detailed filing data is available for this year.$1.86$0.76$1.10$1.13$0.95$0.19
2014Detailed filing. Detailed filing data is available for this year.$1.51$0.60$0.91$0.92$0.94$0.02
2013Summary only. Only limited summary data is available for this year.$1.80$0.87$0.93$1.04$0.87$0.17
2012Summary only. Only limited summary data is available for this year.$1.48$0.71$0.76$0.91$0.78$0.13
2011Summary only. Only limited summary data is available for this year.$1.44$0.84$0.60$0.86$0.77$0.09