BETA

FRIENDS OF UFM INC: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
FRIENDS OF UFM INC (EIN 27-2852264)
Tax period
2022-01-01 to 2022-12-31
Filed
2023-11-09
IRS object ID
202313139349302886
Schema version
2022v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2023-11-09T11:38:36-06:00ReturnTs
Tax Period End2022-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN260794367PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1UHY ADVISORS MID-ATLANTIC MD INCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line17900 WESTPARK DR SUITE T420AddressLine1Txt
CityMCLEANCityNm
State AbbreviationVAStateAbbreviationCd
ZIP22102ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2022-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN272852264EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1FRIENDS OF UFM INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlFRIEBusinessNameControlTxt
Phone3056065939PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1CO UHY 7900 WESTPARK DRIVE T420AddressLine1Txt
CityMCLEANCityNm
State AbbreviationVAStateAbbreviationCd
ZIP22102ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDANIEL GREENPersonNm
Person TitleTREASURERPersonTitleTxt
Phone7038932660PhoneNum
Signature2023-11-06SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstDANIELPersonFirstNm
Person LastGREENPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJEFFREY P HAYDENPreparerPersonNm
PTINP00057870PTIN
Phone7038932660PhoneNum
Preparation2023-11-06PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd
Principal OfficerDANIEL GREENPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1C/O UHY 7900 WESTPARK DRIVE T420AddressLine1Txt
CityMCLEANCityNm
State AbbreviationVAStateAbbreviationCd
ZIP22102ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$588,301GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressFOUFM.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2011FormationYr
Legal Domicile StateINLegalDomicileStateCd
Activity Or MissionTO SUPPORT THE WORK OF UNIVERSIDAD FRANCISCO MARROQUIN OF GUATEMALA CITY, GUATEMALA ... ...TO TEACH AND DISSEMINATE THE ETHICAL, LEGAL, AND ECONOMIC PRINCIPLES OF A SOCIETY OF FREE AND RESPONSIBLE PERSONS.ActivityOrMissionDesc
Voting Members Governing Body5VotingMembersGoverningBodyCnt
Voting Members Independent5VotingMembersIndependentCnt
Total Employee1TotalEmployeeCnt
Total Volunteers6TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$1,207,196PYContributionsGrantsAmt
CY Contributions Grants$587,329CYContributionsGrantsAmt
PY Program Service Revenue$1,700PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income-$225PYInvestmentIncomeAmt
CY Investment Income$0CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$972CYOtherRevenueAmt
PY Total Revenue$1,208,671PYTotalRevenueAmt
CY Total Revenue$588,301CYTotalRevenueAmt
PY Grants And Similar Paid$1,562,816PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$498,586CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$53,422PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$17,943CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$21,730CYTotalFundraisingExpenseAmt
PY Other Expenses$93,545PYOtherExpensesAmt
CY Other Expenses$82,012CYOtherExpensesAmt
PY Total Expenses$1,709,783PYTotalExpensesAmt
CY Total Expenses$598,541CYTotalExpensesAmt
PY Revenues Less Expenses-$501,112PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$10,240CYRevenuesLessExpensesAmt
Total Assets BOY$131,424TotalAssetsBOYAmt
Total Assets EOY$140,664TotalAssetsEOYAmt
Total Liabilities BOY$14,698TotalLiabilitiesBOYAmt
Total Liabilities EOY$34,178TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$116,726NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$106,486NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTO SUPPORT THE WORK OF UNIVERSIDAD FRANCISCO MARROQUIN OF GUATEMALA CITY, GUATEMALA TO TEACH AND DISSEMINATE THE ETHICAL, LEGAL, AND ECONOMIC PRINCIPLES OF A SOCIETY OF FREE AND RESPONSIBLE PERSONSMissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$251,760ExpenseAmt
Grant$251,760GrantAmt
Revenue$0RevenueAmt
DescITA SCHOLARSHIP PROGRAMS: THE ORGANIZATION PROVIDES FUNDING FOR SCHOLARSHIP PROGRAMS AT UFM (ITA IS A SPANISH ACRONYM MEANING "PROMOTING ACADEMIC TALENT") THAT SEEK TO IDENTIFY THE POOREST, MOST HIGHLY QUALIFIED & MOTIVATED STUDENTS IN GUATEMALA IN ORDER TO MAKE IT POSSIBLE FOR THEM TO EARN AN UNDERGRADUATE DEGREE. THE PROGRAMS INCLUDE SCHOLARSHIPS FOR: LAW STUDENTS; THE ADOLFO LAU SCHOLARSHIP PROGRAM NAMED AFTER A LONG-TIME UFM PROFESSOR OF ARCHITECTURE THAT PASSED AWAY IN 2012; THE INSTITUTE OF POLITICAL STUDIES & INTERNATIONAL RELATIONS (EPRI); THE MANUEL F. AYAU SOCIETY, WHICH WAS ESTABLISHED BY UFM TO HONOR THE LEGACY OF MANUEL F. AYAU & SUPPORTS SCHOLARS & PROFESSORSHIPS; SUMMER PROGRAMS AT UFM'S MADRID CAMPUS & THE SCHOOL OF ECONOMIC SCIENCES; & OTHER SCHOLARSHIPS.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$64,098ExpenseAmt
Grant$64,098GrantAmt
Revenue$0RevenueAmt
DescLEARNING INNOVATION CENTER (FORMERLY ONGOING LEARNING): THIS IS A PROGRAM THAT WAS RENAMED IN DECEMBER 2021 WHCIH ORGANIZES WORKSHOPS FOR UFM FACULTY AND STUDENTS ON AVANT-GARDE TEACHING, COLLABORATION, AND FACILITATION METHODOLOGIES.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$36,000ExpenseAmt
Grant$36,000GrantAmt
Revenue$972RevenueAmt
DescANTIGUA FORUM GATHERS POLITICAL REFORMERS, ENTREPRENEURS, AND EXPERTS FROM AROUND THE WORLD TO WORK ON PROJECTS THAT FIND REAL SOLUTIONS TO REAL PROBLEMS. AT EACH EVENT, PARTICIPANTS FROM UP TO TWO DOZEN COUNTRIES WORK IN SMALL GROUPS, GUIDED BY TRAINED FACILITATORS, TO HELP PROJECT OWNERS COME UP WITH CONCRETE ACTION PLANS. THERE ARE NO LECTURES, JUST PRODUCTIVE ENCOUNTERS.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
Expense$146,728ExpenseAmt
Grant$146,728GrantAmt
DescOTHER PROGRAMS AND PROJECTS: FRIENDS SUPPORTS THE DESIGN, BUILDING, AND EQUIPPING OF THE INTERNATIONAL COLLABORATION LAB AT UFM. THE GOAL IS TO BECOME A SUPPORT CENTER FOR THE INTERNATIONAL CLASSICAL LIBERAL/LIBERTARIAN WORLD. THIS INCLUDES FUNDING FOR JAMBOARD TECHNOLOGY TO UFM.IN 2018, UFM BEGAN OPERATIONS IN MADRID, SPAIN, WHERE IT OPERATES AS A FOREIGN UNIVERSITY. FRIENDS HAS A PROGRAM TO SUPPORT THIS CAMPUS.FRIENDS PROVIDES SUPPORT TO ADMINISTER OTHER PROGRAMS AND ONE-TIME OR SPECIAL PROJECT SUPPORT TO UFM. FRIENDS MADE GENERAL SUPPORT GRANTS TO UFM TO BE ADMINISTERED BY THE UFM PRESIDENT'S OFFICE AT THE DISCRETION OF THE UFM PRESIDENT. IN 2022, FRIENDS ALSO MADE A GRANT TO UFM TO SUPPORT THE GIS NEXT GREAT ADVENTURE ("NGA") FELLOWSHIP, IN HONOR TO GIANCARLO IBARGEN SEGOVIA, AND OPERATED BY UFM ACTONMBA AS AN OPPORTUNITY TO DIFFERENTIATE UFM FROM ALL OTHER UNIVERSITIES THAT CLAIM TO SUPPORT ENTREPRENEURSHIP. IN ADDITION DURING 2022, FRIENDS MADE OTHER SMALL GRANTS TO UFM FOR OTHER PROGRAMS AND PROJECTS.Desc
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$146,728TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant$146,728TotalOtherProgSrvcGrantAmt
Total Program Service Expenses$498,586TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (1)DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign OfficeYes (1)ForeignOfficeInd
Foreign ActivitiesYes (1)ForeignActivitiesInd
More Than5000 K To OrgYes (1)MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document5IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee1EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo ContributionsYes (1)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (1)QuidProQuoContriDisclInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members5GoverningBodyVotingMembersCnt
Independent Voting Member5IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1UHY LLPBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone7038932660PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line17900 WESTPARK DRIVE T420AddressLine1Txt
CityMCLEANCityNm
State AbbreviationVAStateAbbreviationCd
ZIP22102ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (5 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
VIDAR JORGENSEN
DIRECTOR2.00Yes (X)$0$0$0
DANIEL GREEN
TREASURER/SECRETARY2.00Yes (X)$0$0$0Yes (X)
RODOLFO MILANI
PRESIDENT2.00Yes (X)$0$0$0Yes (X)
HUGO DIAZ
DIRECTOR2.00Yes (X)$0$0$0
LUIS ANTONIO SAMAYOA
DIRECTOR2.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Federated Campaigns$3,459FederatedCampaignsAmt
Fundraising$2,728FundraisingAmt
All Other Contributions$581,142AllOtherContributionsAmt
Total Contributions$587,329TotalContributionsAmt
Fundraising Gross Income$972FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$2,728ContriRptFundraisingEventAmt
Fundraising Direct Expenses$0FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$972TotalRevenueColumnAmt
Exclusion$972ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$588,301TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$972ExclusionAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$498,586TotalAmt
Program Services$498,586ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$16,667TotalAmt
Fundraising$16,667FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$1,276TotalAmt
Fundraising$1,276FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$48,679TotalAmt
Management And General$48,679ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$21,000TotalAmt
Management And General$21,000ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$7,145TotalAmt
Management And General$7,145ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$3,787TotalAmt
Fundraising$3,787FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$826TotalAmt
Management And General$826ManagementAndGeneralAmt

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$575TotalAmt
Management And General$575ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$598,541TotalAmt
Program Services$498,586ProgramServicesAmt
Management And General$78,225ManagementAndGeneralAmt
Fundraising$21,730FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$103,216BOYAmt
EOY$131,398EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$26,840BOYAmt
EOY$7,200EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$25BOYAmt
EOY$378EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$1,343BOYAmt
EOY$1,688EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$131,424BOYAmt
EOY$140,664EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$14,698BOYAmt
EOY$11,865EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$22,313EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$14,698BOYAmt
EOY$34,178EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$55,130BOYAmt
EOY$62,878EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$61,596BOYAmt
EOY$43,608EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$116,726BOYAmt
EOY$106,486EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$131,424BOYAmt
EOY$140,664EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$10,240ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,096,371CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,067,397CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,252,507CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,207,196CurrentTaxYearMinus1YearAmt
Current Tax Year$587,329CurrentTaxYearAmt
Total$6,210,800TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,096,371CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,067,397CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,252,507CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,207,196CurrentTaxYearMinus1YearAmt
Current Tax Year$587,329CurrentTaxYearAmt
Total$6,210,800TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$701,204SubstantialContributorsTotAmt
Public Support Total170$5,509,596PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$149CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$155CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$0CurrentTaxYearMinus1YearAmt
Total$306TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$0CurrentTaxYearMinus1YearAmt
Current Tax Year$972CurrentTaxYearAmt
Total$972TotalAmt
FieldValueIRS element (for citing)
Total Support$6,212,078TotalSupportAmt
Gross Receipts Rltd Activities$34,163GrossReceiptsRltdActivitiesAmt
Public Support CY1700.88690PublicSupportCY170Pct
Public Support PY1700.81230PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$34,756BeginningYearBalanceAmt
Contributions$437,063ContributionsAmt
Investment Earnings Or Losses$0InvestmentEarningsOrLossesAmt
Grants Or Scholarships$351,016GrantsOrScholarshipsAmt
Other Expenditures$972OtherExpendituresAmt
Administrative Expenses$83,424AdministrativeExpensesAmt
End Year Balance$36,407EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$6,250BeginningYearBalanceAmt
Contributions$1,218,552ContributionsAmt
Investment Earnings Or Losses-$225InvestmentEarningsOrLossesAmt
Grants Or Scholarships$1,037,092GrantsOrScholarshipsAmt
Administrative Expenses$152,729AdministrativeExpensesAmt
End Year Balance$34,756EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$239,000BeginningYearBalanceAmt
Contributions$1,053,638ContributionsAmt
Investment Earnings Or Losses$24InvestmentEarningsOrLossesAmt
Grants Or Scholarships$1,252,143GrantsOrScholarshipsAmt
Administrative Expenses$34,269AdministrativeExpensesAmt
End Year Balance$6,250EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Contributions$1,001,635ContributionsAmt
Investment Earnings Or Losses-$78InvestmentEarningsOrLossesAmt
Grants Or Scholarships$735,936GrantsOrScholarshipsAmt
Other Expenditures$47OtherExpendituresAmt
Administrative Expenses$26,574AdministrativeExpensesAmt
End Year Balance$239,000EndYearBalanceAmt
FieldValueIRS element (for citing)
Term Endowment Balance EOY1.00000TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$593,465TotalRevEtcAuditedFinclStmtAmt
Donated Services And Use Fclts$5,164DonatedServicesAndUseFcltsAmt
Revenue Not Reported$5,164RevenueNotReportedAmt
Revenue Subtotal$588,301RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$588,301TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$603,706TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$5,165DonatedServicesUseFcltsAmt
Expenses Not Reported$5,165ExpensesNotReportedAmt
Expenses Subtotal$598,541ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$598,541TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationFRIENDS IS REQUIRED TO MEASURE, RECOGNIZE, PRESENT, AND DISCLOSE IN ITS FINANCIAL STATEMENTS UNCERTAIN INCOME TAX POSITIONS FRIENDS HAS TAKEN IN THE TAX YEARS THAT REMAIN SUBJECT TO EXAMINATION OR EXPECTS TO TAKE ON AN INCOME TAX RETURN. FRIENDS RECOGNIZES THE TAX BENEFITS FROM UNCERTAIN INCOME TAX POSITIONS ONLY IF IT IS MORE LIKELY THAN NOT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAX AUTHORITIES. FRIENDS RECORDED NO LIABILITY FOR UNCERTAIN INCOME TAX POSITIONS FOR ANY OPEN TAX YEARS.ExplanationTxt

Schedule F IRS990ScheduleF

FieldValueIRS element (for citing)
Grant Records Maintained0GrantRecordsMaintainedInd

Account Activities Outside US AccountActivitiesOutsideUSGrp (3 entries)

RegionRegionTxtOfficesOfficesCntEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtRegion Total ExpendituresRegionTotalExpendituresAmtSpecific Services ProvidedSpecificServicesProvidedTxt
CENTRAL AMERICA01CONTRACTOR EXPENSES$18,000
CENTRAL AMERICA00OFFICE EXPENSES$371
CENTRAL AMERICA00PROGRAM SERVICES & GRANTS$498,586TO SUPPORT WORK OF UNIVERSIDAD FRANCISO MARROQUIN, "UFM". INCLUDES SUPPORT AND EVENTS TO THE GIS NGA FELLOWSHIP, OF THE ANTIGUA FORUM, TO THE MANUEL F. AYAU SOCIETY, TO THE LEARNING INNOVATION CENTER, TO THE PRESIDENT'S OFFICE, TO THE MFA SOCIETY, AND TO THE ITA SCHOLARSHIP PROGRAMS, AMONG OTHERS.
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees1SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee0ContinuationTotalEmployeeCnt
Total Office0TotalOfficeCnt
Total Employee1TotalEmployeeCnt
Subtotal Spent$516,957SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$516,957TotalSpentAmt

Grants To Org Outside US GrantsToOrgOutsideUSGrp

FieldValueIRS element (for citing)
RegionCENTRAL AMERICARegionTxt
Purpose Of GrantEDUCATIONAL PURPOSES - UFM MADRID CAMPUS, ITA SCHOLARSHIP PROGRAMS, COLLABORATION LAB, THE ANTIGUA FORUM, LEARNING INNOVATION CENTER, OTHER EVENTS HELD, AND OTHER PROGRAMS AND ONE-TIME PROJECTS.PurposeOfGrantTxt
Cash Grant$498,586CashGrantAmt
Manner Of Cash DisbursementWIRE TRANSFERMannerOfCashDisbursementTxt
Non Cash Assistance$0NonCashAssistanceAmt
FieldValueIRS element (for citing)
Total501c3 Org1Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt
Transfer To Foreign Corp0TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp Ownership0ForeignCorpOwnershipInd
Passive Foreign Investmest Co0PassiveForeignInvestmestCoInd
Foreign Partnership0ForeignPartnershipInd
Boycott Countries0BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINE 2:GRANTS TO UNIVERSIDAD FRANCISCO MARROQUIN, GUATEMALA, C.A. ARE ONLY MADE UPON SPECIFIC REQUESTS FOR PROPOSED USES, SUCH AS SCHOLARSHIPS, LECTURESHIPS, ON-LINE MEDIA PRESENTATIONS, CONFERENCES AND FORUMS, AND EDUCATIONAL RELATED PROJECTS AND SUPPORT. GRANTS ARE APPROVED BY THE ORGANIZATION'S BOARD, DOCUMENTED IN THE ORGANIZATION'S MINUTES, AND REPORTS DOCUMENTING ACTIVITIES AND USES OF FUNDS GRANTED ARE REQUESTED FROM UFM AND REVIEWED. SITE VISITS ARE ALSO MADE.
PART III ACCOUNTING METHOD:

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BTHE ORGANIZATION PROVIDED A COMPLETE COPY OF THIS FORM 990, INCLUDING SCHEDULES, TO THE EXECUTIVE DIRECTOR AND BOARD OF DIRECTORS INCLUDING: TREASURER/SECRETARY AND PRESIDENT OF ITS GOVERNING BODY BEFORE FILING THIS RETURN.
FORM 990, PART VI, SECTION B, LINE 12CTHE ORGANIZATION'S CONFLICT OF INTEREST POLICY IS ENFORCED REGULARLY AND CONSISTENTLY, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND IS GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE BOARD OF DIRECTORS. THE BOARD'S DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE PROCEDURES FOR ADDRESSING CONFLICT OF INTEREST INCLUDE AN INTERESTED PERSON BEING GIVEN THE OPPORTUNITY TO MAKE A PRESENTATION TO THE BOARD OF DIRECTORS MEETING, AFTER WHICH THE BOARD DISCUSSES AND VOTES ON THE ARRANGEMENT. IF THE CHAIRPERSON OF THE BOARD OF DIRECTORS DEEMS IT APPROPRIATE, HE OR SHE CAN APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE THE ALTERNATIVES TO THE PROPOSED TRANSACTION ARRANGEMENT.
FORM 990, PART VI, SECTION C, LINE 18THE ORGANIZATION MAKES THE FORM 990 AVAILABLE ON ITS WEBSITE, HOWEVER THE FORM 1023 IS AVAILABLE UPON REQUEST.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION MAKES ALL GOVERNING DOCUMENTS, INCLUDING ITS CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS, AVAILABLE FOR PUBLIC INSPECTION.

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