American Nicaraguan Foundation Inc
62% goes to programs Strong reserves Declining revenue
American Nicaraguan Foundation Inc is a 501(c)(3) organization based in Miami, Florida, registered in 1993, with $31,685 in FY2024 revenue. CharityIndex grades it C, and it directs about 62% of spending to programs.
1000 Nw 57th Ct Ste 170, Miami, FL, 33126 EIN 65-0326517 Since 1993
Revenue (FY2024)
$32K
▼ 40.0% vs prior year
International median: $227K
Expenses (FY2024)
$160K
Net assets
$1.7M
Employees
1
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C
★★★★
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →CProgram efficiency40% of the rating62% to programs
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For American Nicaraguan Foundation Inc: 62% to programs earns a C on this criterion. See the exact thresholds →
FFinancial health25% of the rating128 mo reserves · -406% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For American Nicaraguan Foundation Inc: 128 mo reserves · -406% margin earns a F on this criterion. See the exact thresholds →
AGovernance25% of the rating5 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For American Nicaraguan Foundation Inc: 5 of 6 checks met earns a A on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For American Nicaraguan Foundation Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
American nicaraguan foundation (anf) is a relief and development organization whose mission is to alleviate poverty in the lives of the most vulnerable populations across nicaragua.
Contact & location
- Address
- 1000 Nw 57th Ct Ste 170, Miami, FL, 33126
- City
- Miami
- State
- Florida
- Subcategory
- International Development & Relief
- Phone
- …
- Website
- …
Financial trends
Revenue declined from $81.3M (FY2013) to $32K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $1,214Net assets $1.7M
Operating margin
-406.2%
Spent more than it raised in the latest fiscal year.
Total assets
$1.7M
Total liabilities
$1,214
Net assets
$1.7M
Salaries & benefits
$45K
28% of expenses
Board members
12
12 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $31,685▼40.0% | $160,401▼62.9% | $1,713,452▲8.2% | $1,714,666▼9.0% | 990 |
| 2023 | $52,851▼80.8% | $432,338▼86.2% | $1,584,273▼19.6% | $1,885,136▼16.4% | 990 |
| 2022 | $275,719▼97.4% | $3,139,772▼71.9% | $1,970,518▼59.5% | $2,254,858▼70.4% | 990 |
| 2021 | $10,644,031▲30.4% | $11,186,597▼24.1% | $4,868,645▼9.3% | $7,615,925▼9.0% | 990 |
| 2020 | $8,160,283▼46.3% | $14,747,345▲11.7% | $5,366,947▼53.5% | $8,368,631▼37.0% | 990 |
| 2019 | $15,190,130▼62.3% | $13,198,585▼76.4% | $11,542,853▲22.6% | $13,289,628▲15.3% | 990 |
| 2018 | $40,321,796▼63.7% | $55,977,542▼48.1% | $9,415,863▼62.1% | $11,525,336▼57.4% | 990 |
| 2017 | $111,052,404▲13.9% | $107,910,005▲15.4% | $24,855,127▲14.6% | $27,048,438▲15.2% | 990 |
| 2016 | $97,530,009▼20.7% | $93,477,812▼20.1% | $21,696,435▲23.6% | $23,487,446▲23.3% | 990 |
| 2015 | $122,982,079▲41.2% | $117,000,508▲35.6% | $17,552,773▲52.2% | $19,048,138▲50.3% | 990 |
| 2014 | $87,121,742▲7.1% | $86,296,250▼24.4% | $11,530,193▲7.8% | $12,674,044▲7.1% | 990 |
| 2013 | $81,316,416 | $114,102,767▼0.7% | $10,692,342▼75.4% | $11,833,692▼73.4% | 990 |
| 2012 | — | $114,918,323▼3.9% | $43,453,069▲47.6% | $44,493,747▲47.4% | 990 |
| 2011 | — | $119,567,529▼28.5% | $29,431,499▼13.3% | $30,182,043▼13.6% | 990 |
| 2010 | — | $167,214,538 | $33,935,740 | $34,916,764 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Maria S Almendarez — $42,000 (26.18% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Maria S Almendarez | Administrative Officer | 8 | $42,000 |
| Carlos Vicente | Board Member | 1 | — |
| Carmen Ch De Pellas | Board Member | 1 | — |
| Dania Baltodano | Board Member | 1 | — |
| Danilo Manzanares | Board Member | 1 | — |
| Emilia Navarro | Board Member | 1 | — |
| F Alfredo Pellas Jr | President & Treasurer | 1 | — |
| Johnny Sordo | Board Member | 1 | — |
| Luis Navas | Board Member | 1 | — |
| Nicolas Arguello | Secretary | 1 | — |
| Rafael Sanchez | Vice President | 1 | — |
| Silvio Pellas | Board Member | 1 | — |
| Theresita Pellas | Board Member | 1 | — |
Grants received · $680K total
25 grants to American Nicaraguan Foundation Inc totaling $680K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Network For Good Inc | Unrestricted | 2022 | $29,766 |
| Donor Advised Charitable Giving | International, foreign affairs | 2021 | $13,000 |
| Network For Good Inc | Unrestricted | 2021 | $11,906 |
| American Online Giving Foundation Inc | General support | 2021 | $10,862 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2021 | $10,000 |
| Network For Good Inc | Unrestricted | 2020 | $49,896 |
| American Online Giving Foundation Inc | General support | 2020 | $34,453 |
| American Online Giving Foundation Inc | General support | 2020 | $34,453 |
| Donor Advised Charitable Giving | International, foreign affairs | 2020 | $32,000 |
| Donor Advised Charitable Giving | International, foreign affairs | 2020 | $32,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2020 | $11,300 |
| Network For Good Inc | Unrestricted | 2019 | $31,271 |
| Donor Advised Charitable Giving | International, foreign affairs | 2019 | $30,000 |
| American Online Giving Foundation Inc | General support | 2019 | $12,000 |
| Network For Good Inc | Unrestricted | 2018 | $58,931 |
Grants made · $100K in FY2024
1 grant totaling $100K in FY2024. All grants made by American Nicaraguan Foundation Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Food For the Poor Inc | General mission support | $100,000 |
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Frequently asked questions
- Is American Nicaraguan Foundation Inc a legitimate nonprofit?
- Yes. American Nicaraguan Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 65-0326517, based in Miami, Florida. Donations are tax-deductible.
- What is American Nicaraguan Foundation Inc's EIN?
- American Nicaraguan Foundation Inc's Employer Identification Number (EIN) is 65-0326517.
- How much revenue does American Nicaraguan Foundation Inc report?
- American Nicaraguan Foundation Inc reported $31,685 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of American Nicaraguan Foundation Inc's spending goes to programs?
- American Nicaraguan Foundation Inc spends about 62% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does American Nicaraguan Foundation Inc have?
- CharityIndex grades American Nicaraguan Foundation Inc C, based on program efficiency and fundraising cost.
- How much does American Nicaraguan Foundation Inc's highest-paid employee make?
- The highest reported compensation on American Nicaraguan Foundation Inc's latest Form 990 is $42,000, paid to Maria S Almendarez (Administrative Officer).
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Data for American Nicaraguan Foundation Inc (EIN 65-0326517) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.