Civic Intelligence

Adelante Foundation Inc

990 • Fiscal year 2020 • EIN 94-3329340

Jan 01, 2020 to Dec 31, 2020 • Filed on Jun 27, 2021

Organization ProfileN/A
PO Box 2329San Francisco, CA 94126

(415) 999-9647

Siviq Scores

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

Liabilities / Assets

69th percentile

0.27x

Higher debt load relative to assets than 69% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

80th percentile

0.64x

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

15th percentile

-21%

Higher net margin than 15% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

48th percentile

$55,000

Higher top officer pay than 48% of similar nonprofits.

Top officer pay equals 6.2% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

9th percentile

-9.8%

Faster asset growth than 9% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

19th percentile

-26%

Faster revenue growth than 19% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets69th percentile

Assets

Down

$2,098,055

Down $226,830 (-9.8%) from 2019

Net Assets

Down

$1,524,488

Down $158,810 (-9.4%) from 2019

Liabilities

Down

$573,567

Down $68,020 (-11%) from 2019

Revenue And Expenses
Liabilities / Revenue80th percentileNet Margin15th percentile

Revenue

Down

$894,170

Down $312,337 (-26%) from 2019

Expenses

Down

$1,083,188

Down $52,056 (-4.6%) from 2019

Net Income

Down

-$189,018

Down $260,281 (-365%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth9th 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

2020

Assets$2,098,055
Liabilities$573,567
Net Assets$1,524,488
Open 2020 Filing

Operations Trend

Revenue Growth19th 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

2020

Revenue$894,170
Expenses$1,083,188
Net Income-$189,018
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jun 27, 2021
Return Version
2020v4.1
Gross Receipts
$894,170
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$1,619,335$1,356,918▼ $262,417
Cash and Non-Interest-Bearing Accounts$396,901$421,993▲ $25,092
Savings and Temporary Cash Investments$264,312$285,892▲ $21,580
Land, Buildings, and Equipment, Net$44,337$33,252▼ $11,085
Total Assets$2,324,885$2,098,055▼ $226,830
Liabilities
Other Liabilities$591,116$525,590▼ $65,526
Accounts Payable and Accrued Expenses$47,456$47,977▲ $521
Unsecured Notes Loans Payable$3,015--
Total Liabilities$641,587$573,567▼ $68,020
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,683,298$1,524,488▼ $158,810
Total Net Assets Fund Balance$1,683,298$1,524,488▼ $158,810
Total Liabilities and Net Assets / Fund Balance$2,324,885$2,098,055▼ $226,830

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$33,252$172,176$205,428
Land$0--
Compensation and Service Providers
Top Officer Pay48th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Anthony StoneDirector/founderFT$55,000$55,000

Board Members and Trustees

NameTitle
David FlemingChairman
Gina CappuccittiCompliance Chair
Bob SampleDirector
Cecilia Chi-hamDirector
John KendallDirector
Lindsey DoolittleDirector
Maria HubingDirector
Rich LangDirector
Rich MusatDirector
Janet LautenbergerSecretary
Jason SmarttTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$134,582
Program Service Revenue
$759,583
Investment Income
$5
Other Revenue
$0
All Other Contributions
$134,582
Change in Net Assets
$-189,018
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$573,347
Other Expenses$509,841
Total Fundraising Expense$50,485
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$331,050$91,509$26,017$448,576
Office Expenses$74,066$20,473$5,821$100,360
Other Employee Benefits$58,331$16,124$4,584$79,039
Payroll Taxes$33,750$9,329$2,653$45,732
Occupancy$33,091$9,147$2,600$44,838
Fees for Services Accounting$12,080$3,339$949$16,368
Depreciation Depletion$12,119$3,620$0$15,739
Other Expenses$9,285$2,321$0$11,606
Travel$6,433$1,778$506$8,717
Advertising$0$0$2,680$2,680
Interest$718$198$57$973
Total Functional Expenses$851,125$181,578$50,485$1,083,188
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
Central AmericaProgram ServicesLoans and Educational Support552$0
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$525,590
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
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
Filing and Contact Details

Filer

Filer Name
Adelante Foundation Inc
EIN
94-3329340
Phone
4159999647
Address
PO BOX 2329, SAN FRANCISCO, CA 94126

Signing Officer

Name
Jason Smartt
Title
Treasurer
Phone
4159999647
Signed
2021-06-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jason Smartt
Formed
1999
Legal Domicile
CA
Voting Board Members
12
Independent Board Members
12
Employees
1
Volunteers
0

Preparer

Firm
Tarlson & Associates
Address
220 Sansome St Ste 900, San Francisco, CA 94104
Preparer
George N Tarlson
Phone
4159565700
Supplemental Narrative

Additional Explanations

Pt VI, Line 8B

“Each meeting was documented”

Pt VI, Line 11B

“The 990 is circulated via e-mail to the executive committee of the board of directors for review and comment prior to submission.”

Pt VI, Line 12C

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

Pt VI, 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 2018 combined audited financial statements are available on the web site and upon request. The foundation's organizational and other documents are available on request.”

Pt XII, Line 1

“NO AUDIT REQUIREMENT”

Financial Statement Notes

Pt 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 472 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/OtherExpensesGrp/Desc0OTHER ADMINISTRATIVE EXPENSES
IRS990/OtherExpensesGrp/Desc1VEHICLE
IRS990/OtherExpensesGrp/Desc2PROVISION FOR LOAN IMPAIRMENT
IRS990/OtherExpensesGrp/Desc3PROGRAM COSTS
IRS990/OtherExpensesGrp/FundraisingAmt04618
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt016241
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt17499
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt32321
IRS990/OtherExpensesGrp/ProgramServicesAmt058754
IRS990/OtherExpensesGrp/ProgramServicesAmt129997
IRS990/OtherExpensesGrp/ProgramServicesAmt2191451
IRS990/OtherExpensesGrp/ProgramServicesAmt39285
IRS990/OtherExpensesGrp/TotalAmt079613
IRS990/OtherExpensesGrp/TotalAmt137496
IRS990/OtherExpensesGrp/TotalAmt2191451
IRS990/OtherExpensesGrp/TotalAmt311606
IRS990/OtherLiabilitiesGrp/BOYAmt0591116
IRS990/OtherLiabilitiesGrp/EOYAmt0525590
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt026017
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt091509
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0331050
IRS990/OtherSalariesAndWagesGrp/TotalAmt0448576
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt02653
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt09329
IRS990/PayrollTaxesGrp/ProgramServicesAmt033750
IRS990/PayrollTaxesGrp/TotalAmt045732
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0JASON SMARTT
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0525990
IRS990/ProgramServiceRevenueGrp/Desc0MICROCREDIT INTEREST
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0661585
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0110752
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt043
IRS990/PYOtherExpensesAmt0547696
IRS990/PYProgramServiceRevenueAmt01095712
IRS990/PYRevenuesLessExpensesAmt071263
IRS990/PYSalariesCompEmpBnftPaidAmt0587548
IRS990/PYTotalExpensesAmt01135244
IRS990/PYTotalRevenueAmt01206507
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-189018
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0759583
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0264312
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0285892
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0134582
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0110752
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0141731
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0153480
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0187783
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0728328
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0728328
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0134582
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0110752
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0141731
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0153480
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0187783
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0728328
IRS990ScheduleA/TotalSupportAmt0728328
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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/ScheduleBRequiredInd0true
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt00
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt033252
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0172176
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0205428
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0525590
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/FormAndLineReferenceDesc0Pt X, Line 2
IRS990ScheduleD/TotalBookValueLandBuildingsAmt033252
IRS990ScheduleD/TotalLiabilityAmt0525590
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt052
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt05
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0Central America
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0LOANS AND EDUCATIONAL SUPPORT
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0PROGRAM SERVICES
IRS990ScheduleF/BoycottCountriesInd0false
IRS990ScheduleF/ForeignCorpOwnershipInd0false
IRS990ScheduleF/ForeignPartnershipInd0false
IRS990ScheduleF/InterestInForeignTrustInd0false
IRS990ScheduleF/PassiveForeignInvestmestCoInd0false
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/ExplanationTxt2REGION: HONDURAS. (E) SPECIFIC TYPES OF SERVICES IN REGION: THE PROVISION OF LOANS AND EDUCATIONAL SUPPORT TO PRIMARILY WOMEN IN RURAL HONDURAS EMPLOYING THE GRAMEEN METHODOLOGICAL MODEL.
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt I Line 2
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt I Line 3 Col (F)
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt I Line 3 Col (F)
IRS990ScheduleF/TotalEmployeeCnt052
IRS990ScheduleF/TotalOfficeCnt05
IRS990ScheduleF/TotalSpentAmt00
IRS990ScheduleF/TransferToForeignCorpInd0false
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EACH MEETING WAS DOCUMENTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE 990 IS CIRCULATED VIA E-MAIL TO THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS 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 2018 COMBINED AUDITED FINANCIAL STATEMENTS ARE AVAILABLE ON THE WEB SITE AND UPON REQUEST. THE FOUNDATION'S ORGANIZATIONAL AND OTHER DOCUMENTS ARE AVAILABLE ON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NO AUDIT REQUIREMENT
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt XII, Line 1
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/StatesWhereCopyOfReturnIsFldCd1CO
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02324885
IRS990/TotalAssetsEOYAmt02098055
IRS990/TotalAssetsGrp/BOYAmt02324885
IRS990/TotalAssetsGrp/EOYAmt02098055
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0134582
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt050485
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0181578
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0851125

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,098,055
Liabilities
$573,567
Net assets
$1,524,488
Revenue
$894,170
Expenses
$1,083,188
Net income
-$189,018
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