Civic Intelligence

Adelante Foundation Inc

990 • Fiscal year 2017 • EIN 94-3329340

Jan 01, 2017 to Dec 31, 2017 • Filed on Jun 19, 2018

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

72nd percentile

0.33x

Higher debt load relative to assets than 72% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

81st percentile

0.62x

Higher debt load relative to revenue than 81% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

77th percentile

19%

Higher net margin than 77% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

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.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

72nd percentile

12%

Faster asset growth than 72% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

54th percentile

6.3%

Faster revenue growth than 54% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets72nd percentile

Assets

Up

$2,273,613

Up $249,103 (+12%) from 2016

Net Assets

Up

$1,522,113

Up $227,482 (+18%) from 2016

Liabilities

Up

$751,500

Up $21,621 (+3.0%) from 2016

Revenue And Expenses
Liabilities / Revenue81st percentileNet Margin77th percentile

Revenue

Up

$1,204,947

Up $71,471 (+6.3%) from 2016

Expenses

Up

$977,467

Up $40,088 (+4.3%) from 2016

Net Income

Up

$227,480

Up $31,383 (+16%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth72nd 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

2017

Assets$2,273,613
Liabilities$751,500
Net Assets$1,522,113
Open 2017 Filing

Operations Trend

Revenue Growth54th 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

2017

Revenue$1,204,947
Expenses$977,467
Net Income$227,480
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Jun 19, 2018
Return Version
2017v2.2
Gross Receipts
$1,204,947
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$1,540,843$1,643,216▲ $102,373
Cash and Non-Interest-Bearing Accounts$248,500$271,641▲ $23,141
Savings and Temporary Cash Investments$99,349$242,649▲ $143,300
Land, Buildings, and Equipment, Net$92,485$70,826▼ $21,659
Total Assets$2,024,510$2,273,613▲ $249,103
Other Assets Total$43,333$45,281▲ $1,948
Liabilities
Other Liabilities$596,902$695,080▲ $98,178
Accounts Payable and Accrued Expenses$68,186$41,344▼ $26,842
Unsecured Notes Loans Payable$64,791$15,076▼ $49,715
Total Liabilities$729,879$751,500▲ $21,621
Net Assets / Fund Balance
Unrestricted Net Assets$1,294,631$1,522,113▲ $227,482
Total Net Assets Fund Balance$1,294,631$1,522,113▲ $227,482
Total Liabilities and Net Assets / Fund Balance$2,024,510$2,273,613▲ $249,103

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$70,826$134,271$205,097
Compensation and Service Providers
Top Officer Pay35th percentile

Board Members and Trustees

NameTitle
David FlemingChairman
Cecilia Chi-hamBoard Member
Bob SampleDirector
John KendallDirector
Maria HubingDirector
Rich LangDirector
Janet WiesnerDirector, Left Board 2017
Mike WiesnerDirector, Left Board 2017
Pat WiesnerDirector, Left Board 2017
Anthony StoneDirector/founder
Richard HayesInterim Treasurer
Janet LautenbergerSecretary
Jason SmarttTreasurer Elect
Revenue and Support

Revenue Composition

Contributions and Grants
$153,481
Program Service Revenue
$1,043,791
Investment Income
$0
Other Revenue
$7,675
All Other Contributions
$153,481
Change in Net Assets
$227,480
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$521,287
Salaries, Compensation, and Employee Benefits$456,180
Total Fundraising Expense$56,427
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$271,074$74,924$21,090$367,088
Office Expenses$57,118$15,851$4,633$77,602
Occupancy$52,613$13,153-$65,766
Other Employee Benefits$48,358$12,510$1,241$62,109
Travel$22,501$7,330$5,026$34,857
Depreciation Depletion$25,594$7,643-$33,237
Fees for Services Accounting$14,169$6,836$9,706$30,711
Other Expenses$22,515$5,629$5,296$28,144
Payroll Taxes$19,797$5,516$1,670$26,983
All Other Expenses$17,109--$17,109
Interest$4,207$1,504$1,333$7,044
Advertising--$6,432$6,432
Total Functional Expenses$736,370$184,670$56,427$977,467
International Activity

International Summary

Offices
5
Employees
52
Spending
$0

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.552-
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$7,675
Fundraising Direct Expenses$0
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$695,080
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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 was one married couple serving on the board in 2017. In addition, one member of the board is the son of the married couple. The three members of board left the board before the end of 2017.”

Form 990, Part VI, Section B, line 11B

“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 2017 combined audited financial statements are available on the web site and upon request. 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
Treasurer
Phone
3033400965
Signed
2018-06-19

Organization Details

Principal Officer
Richard B Hayes
Formed
1999
Legal Domicile
Co
Voting Board Members
10
Independent Board Members
10
Employees
3
Volunteers
0
Supplemental Narrative

Additional Explanations

Form 990, Part XI, line 9:

“ROUNDING 2.”

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 2017 are still being processed. The honduran outside legal and accounting consultants have advised that adelante can expect a positive resolution of its tax exempt status.”

Raw XML AppendixShowing 400 of 453 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/OtherAssetsTotalGrp/EOYAmt045281
IRS990/OtherChangesInNetAssetsAmt02
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt01241
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt012510
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt048358
IRS990/OtherEmployeeBenefitsGrp/TotalAmt062109
IRS990/OtherExpensesGrp/Desc0OTHER ADMINISTRATIVE EX
IRS990/OtherExpensesGrp/Desc1VEHICLE
IRS990/OtherExpensesGrp/Desc2PROVISION FOR LOAN IMPA
IRS990/OtherExpensesGrp/Desc3PROGRAM COSTS
IRS990/OtherExpensesGrp/FundraisingAmt05296
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt019750
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt114024
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt25629
IRS990/OtherExpensesGrp/ProgramServicesAmt071812
IRS990/OtherExpensesGrp/ProgramServicesAmt156094
IRS990/OtherExpensesGrp/ProgramServicesAmt253409
IRS990/OtherExpensesGrp/ProgramServicesAmt322515
IRS990/OtherExpensesGrp/TotalAmt096858
IRS990/OtherExpensesGrp/TotalAmt170118
IRS990/OtherExpensesGrp/TotalAmt253409
IRS990/OtherExpensesGrp/TotalAmt328144
IRS990/OtherLiabilitiesGrp/BOYAmt0596902
IRS990/OtherLiabilitiesGrp/EOYAmt0695080
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt021090
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt074924
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0271074
IRS990/OtherSalariesAndWagesGrp/TotalAmt0367088
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/FundraisingAmt01670
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt05516
IRS990/PayrollTaxesGrp/ProgramServicesAmt019797
IRS990/PayrollTaxesGrp/TotalAmt026983
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0RICHARD B HAYES
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0525990
IRS990/ProgramServiceRevenueGrp/Desc0MICROCREDIT INTEREST
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0860163
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0860163
IRS990/ProgSrvcAccomActy2Grp/Desc0ADELANTE MADE OVER 7,000 EDUCATIONAL PRESENTATIONS TO ITS CLIENTS IN 2017 FOCUSING THE EDUCATIONAL CONTENT TOWARD BUSINESS TOPICS. IT ALSO PROVIDED EDUCATIONAL PROGRAMS DEALING WITH CURRENT HEALTH ISSUES IN HONDURAS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt028144
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0187783
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0483572
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0945693
IRS990/PYRevenuesLessExpensesAmt0196097
IRS990/PYSalariesCompEmpBnftPaidAmt0453807
IRS990/PYTotalExpensesAmt0937379
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01133476
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0227480
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01043791
IRS990/SavingsAndTempCashInvstGrp/BOYAmt099349
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0242649
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0153480
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0187783
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0176617
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0188233
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0176015
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0882128
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0882128
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0153480
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0187783
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0176617
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0188233
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0176015
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0882128
IRS990ScheduleA/TotalSupportAmt0882128
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt070826
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0134271
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0205097
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0695080
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0GUARANTEED DEPOSITS
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 2017 ARE STILL BEING PROCESSED. THE HONDURAN OUTSIDE LEGAL AND ACCOUNTING CONSULTANTS HAVE ADVISED THAT ADELANTE CAN EXPECT A POSITIVE RESOLUTION OF ITS TAX EXEMPT STATUS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt070826
IRS990ScheduleD/TotalLiabilityAmt0695080
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt052
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt05
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/ContinuationTotalEmployeeCnt00
IRS990ScheduleF/ContinuationTotalOfficeCnt00
IRS990ScheduleF/ForeignCorpOwnershipInd00
IRS990ScheduleF/ForeignPartnershipInd00
IRS990ScheduleF/InterestInForeignTrustInd00
IRS990ScheduleF/PassiveForeignInvestmestCoInd00
IRS990ScheduleF/SubtotalEmployeesCnt052
IRS990ScheduleF/SubtotalOfficesCnt05
IRS990ScheduleF/SubtotalSpentAmt00
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/TotalEmployeeCnt052
IRS990ScheduleF/TotalOfficeCnt05
IRS990ScheduleF/TotalSpentAmt00
IRS990ScheduleF/TransferToForeignCorpInd00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THERE WAS ONE MARRIED COUPLE SERVING ON THE BOARD IN 2017. IN ADDITION, ONE MEMBER OF THE BOARD IS THE SON OF THE MARRIED COUPLE. THE THREE MEMBERS OF BOARD LEFT THE BOARD BEFORE THE END OF 2017.
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 2017 COMBINED AUDITED FINANCIAL STATEMENTS ARE AVAILABLE ON THE WEB SITE AND UPON REQUEST. THE FOUNDATIONS ORGANIZATIONAL AND OTHER DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ROUNDING 2.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part XI, line 9:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/StatesWhereCopyOfReturnIsFldCd1CO
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02024510
IRS990/TotalAssetsEOYAmt02273613
IRS990/TotalAssetsGrp/BOYAmt02024510
IRS990/TotalAssetsGrp/EOYAmt02273613
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0153481
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt056427
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0184670
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0736370
IRS990/TotalFunctionalExpensesGrp/TotalAmt0977467
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0729879
IRS990/TotalLiabilitiesEOYAmt0751500
IRS990/TotalLiabilitiesGrp/BOYAmt0729879
IRS990/TotalLiabilitiesGrp/EOYAmt0751500
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01294631
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01522113
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt0183628
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt0183628
IRS990/TotalProgramServiceExpensesAmt0736370
IRS990/TotalProgramServiceRevenueAmt01043791
IRS990/TotalReportableCompFromOrgAmt00

Document Assets

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Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,273,613
Liabilities
$751,500
Net assets
$1,522,113
Revenue
$1,204,947
Expenses
$977,467
Net income
$227,480
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