ENLACE U S A: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
ENLACE U S A (EIN 04-3675191)
Tax period
2022-01-01 to 2022-12-31
Filed
2023-11-15
IRS object ID
202343199349309204
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)
Return2023-11-15T09:12:06-08:00ReturnTs
Tax Period End2022-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN363867588PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1FREDERICK M MCGOUGH CPABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11748 HARRISON STAddressLine1Txt
CityGLENVIEWCityNm
State AbbreviationILStateAbbreviationCd
ZIP60025ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2022-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN043675191EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ENLACE USABusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlENLABusinessNameControlTxt
Phone9492692204PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line15405 ALTON PARKWAY 5AAddressLine1Txt
CityIRVINECityNm
State AbbreviationCAStateAbbreviationCd
ZIP92604ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonRONALD BUENOPersonNm
Person TitleExecutive DirectorPersonTitleTxt
Signature2023-11-15SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstRONALDPersonFirstNm
Person LastBUENOPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonFREDERICK M MCGOUGHPreparerPersonNm
PTINP00738456PTIN
Phone3055101860PhoneNum
Self EmployedYes (X)SelfEmployedInd

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
Federated Assurance LevelFAL1FederatedAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerANTHONY D'AMATOPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line15405 ALTON PARKWAY 5AAddressLine1Txt
CityIRVINECityNm
State AbbreviationCAStateAbbreviationCd
ZIP92604ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$2,228,311GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website Addresswww.enlace.linkWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2002FormationYr
Legal Domicile StateCALegalDomicileStateCd
Activity Or MissionTO ENHANCE EFFECTIVE COLLABORATION BETWEEN LOCAL CHURCHES AND COMMUNITY ORGANIZATIONS TO DEVELOP INTEGRATED AND SUSTAINABLE SOLUTIONS TO POVERTY IN THE UNITED STATES AND INTERNATIONALLY.ActivityOrMissionDesc
Voting Members Governing Body8VotingMembersGoverningBodyCnt
Voting Members Independent8VotingMembersIndependentCnt
Total Employee7TotalEmployeeCnt
Total Volunteers110TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$2,335,226PYContributionsGrantsAmt
CY Contributions Grants$2,121,291CYContributionsGrantsAmt
PY Program Service Revenue$2,850PYProgramServiceRevenueAmt
CY Program Service Revenue$3,366CYProgramServiceRevenueAmt
PY Investment Income$177PYInvestmentIncomeAmt
CY Investment Income$2,864CYInvestmentIncomeAmt
PY Other Revenue-$17,314PYOtherRevenueAmt
CY Other Revenue-$1,339CYOtherRevenueAmt
PY Total Revenue$2,320,939PYTotalRevenueAmt
CY Total Revenue$2,126,182CYTotalRevenueAmt
PY Grants And Similar Paid$1,416,968PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$1,307,491CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$487,163PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$506,773CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$328,380CYTotalFundraisingExpenseAmt
PY Other Expenses$222,108PYOtherExpensesAmt
CY Other Expenses$236,695CYOtherExpensesAmt
PY Total Expenses$2,126,239PYTotalExpensesAmt
CY Total Expenses$2,050,959CYTotalExpensesAmt
PY Revenues Less Expenses$194,700PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$75,223CYRevenuesLessExpensesAmt
Total Assets BOY$681,427TotalAssetsBOYAmt
Total Assets EOY$744,691TotalAssetsEOYAmt
Total Liabilities BOY$216,721TotalLiabilitiesBOYAmt
Total Liabilities EOY$204,711TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$464,706NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$539,980NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTO ENHANCE EFFECTIVE COLLABORATION BETWEEN LOCAL CHURCHES AND COMMUNITY ORGANIZATIONS TO DEVELOP INTEGRATED AND SUSTAINABLE SOLUTIONS TO POVERTY IN THE UNITED STATES AND INTERNATIONALLY.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$1,198,893ExpenseAmt
Grant$1,088,728GrantAmt
DescENLACE'S CORE FOCUS IS OUR CHURCH AND COMMUNITY PROGRAM, WHICH TRAINS CHURCH LEADERS TO UNDERSTAND AND LIVE OUT THE BIBLICAL BASIS OF THE MISSION OF THE CHURCH IN THEIR IMPOVERISHED COMMUNITIES. WE TRAIN AND COACH CHURCH LEADERS TO DISCOVER THEIR RESOURCES AND TO PARTNER EFFECTIVELY WITH COMMUNITY LEADERS TO IDENTIFY AND IMPLEMENT SUSTAINABLE SOLUTIONS TO POVERTY. THE PROGRAM INCLUDES TRAINING IN THE FOLLOWING AREAS: BIBLICAL BASIS OF GODs MISSION, LEADERSHIP DEVELOPMENT, PROJECT IDENTIFICATION AND MANAGEMENT, COLLABORATION AND RESOURCE MOBILIZATION.IN 2022, ENLACE U.S.A. PROVIDED FUNDING TO AFFILIATED ORGANIZATIONS IN EL SALVADOR, GUATEMALA, NICARAGUA AND NEPAL. OUR AFFILIATED ORGANIZATIONS TRAINED 1,192 LOCAL LEADERS TO IMPLEMENT 247 PROJECTS IN 286 COMMUNITIES THAT IMPACTED APPROXIMATELY 102,635 PEOPLE. IN ADDITION, THEY IMPLEMENTED THE FOLLOWING INITIATIVES:FOOD AID:Local church and community volunteers worked to provide 216,529 meals to 1,034 families in Central America and Nepal.FARMING AID:Local church and community volunteers worked with 134 communities to provide two rounds of improved seed, pesticides, and fertilizer to 1,512 farmers in Central America. Families were supplied with agricultural inputs to cultivate up to two acres of corn, beans, and sorghum to improve nutrition and increase family income. Enlaces Agricultural Recovery Program impacted over 7,560 people.REBUILDING BUSINESSES AND INCREASING FAMILY INCOME:Local church and community volunteers worked to launch 75 chicken farm businesses and 89 goat or pig livelihood projects in Central America and Nepal, impacting the lives of over 820 people.COMMUNITY DEVELOPMENT PROJECTSLocal church and community volunteers worked to provide sustainable community development projects in Central America and Nepal. Projects included 66 new homes, 147 composting latrines, 199 eco-stoves, electrification projects impacting 376 families, and clean water initiatives impacting the lives of 1,237 families.****SPECIFIC ACCOMPLISHMENTS IN EL SALVADOR***In El Salvador, local volunteers worked in 183 communities and completed 79 projects directly impacting 26,295 people. They provided three rounds of food supplies to 44 families (impacting 222 people) and two rounds of agricultural assistance for 1,418 farmers (impacting 7,090 people). Enlace El Salvador also helped launch 35 family chicken farm businesses, build 38 new homes, 91 improved stoves, and 147 composting latrines.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$140,757ExpenseAmt
Grant$102,563GrantAmt
Desc***SPECIFIC ACCOMPLISHMENTS IN GUATEMALA***In Guatemala, local church and community volunteers worked in 36 communities and completed 54 projects directly impacting 19,730 people. They provided three rounds of food supplies to 146 families (impacting 730 people) and two rounds of agricultural assistance for 94 families (impacting 470 people). Enlace in Guatemala also helped train 40 family chicken farm business owners, build 108 eco-stoves, build two new homes, and install clean water filters for 75 families. ***SPECIFIC ACCOMPLISHMENTS IN NICARAGUA***In Nicaragua, local church and community volunteers worked in 27 communities and completed 78 projects directly impacting 41,297 people. They provided 3 rounds of food supplies to 844 families (impacting 4,227 people). Enlace in Nicaragua also installed electricity for 60 families, built 7 new homes, provided training for 25 micro-entrepreneurs, and installed wells & water systems impacting 731 families.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$120,832ExpenseAmt
Grant$72,000GrantAmt
Desc***SPECIFIC ACCOMPLISHMENTS IN NEPAL*** In Nepal, local church and community volunteers worked in 40 communities and completed 36 projects directly impacting the lives of 15,313 people. They provided agricultural assistance for 665 families. Enlace Nepal also provided vocational training to 132 people, launched 81 family livelihood projects (goats and pigs), built or repaired roads directly impacting 779 families, and built 19 homes.Desc
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$112,867TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant$44,200TotalOtherProgSrvcGrantAmt
Total Other Prog Srvc Revenue$3,366TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$1,573,349TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstYes (true)ReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (true)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgYes (true)MoreThan5000KToOrgInd
More Than5000 K To IndividualsYes (true)MoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemYes (true)BusinessRlnWithOrgMemInd
Business Rln With Fam MemYes (true)BusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntYes (true)BusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document8IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee7EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsYes (true)NondeductibleContributionsInd
Nondeductible Contri DisclYes (true)NondeductibleContriDisclInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Form8282 Filed0Form8282FiledCnt
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Form8899 FiledindfalseForm8899Filedind
Form1098 C FiledfalseForm1098CFiledInd
DAF Excess Business HoldingsfalseDAFExcessBusinessHoldingsInd
Taxable DistributionsfalseTaxableDistributionsInd
Distribution To DonorfalseDistributionToDonorInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members8GoverningBodyVotingMembersCnt
Independent Voting Member8IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
Own WebsiteYes (X)OwnWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonLARRY KASPERPersonNm
Phone9492692204PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line182703 REDFORD WAYAddressLine1Txt
CityINDIOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90021ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (10 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerInd
RONALD BUENO
EXECUTIVE DIRECTOR44.000.00$128,280$0$63,048
DAVID MCGEE
DIR OF DEVELOPMENT44.000.00$104,340$0$0
DAVID ZAPATA
Board Member0.000.00$0$0$0Yes (X)
TIM CELEK
Board Member0.000.00$0$0$0Yes (X)
MARK BAILEY
BOARD MEMBER0.000.00$0$0$0Yes (X)
AMANDA WOODS
Board Member0.000.00$0$0$0Yes (X)
CASEY HALE
BM-Secretary0.000.00$0$0$0Yes (X)Yes (X)
JASON LARRY
Board Member0.000.00$0$0$0Yes (X)
ANTHONY D'AMATO
BM-Chief Gov Of0.000.00$0$0$0Yes (X)Yes (X)
TRINITY SCURTO
Board Member0.000.00$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$232,620TotalReportableCompFromOrgAmt
Total Other Compensation$63,048TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K2IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Fundraising$5,964FundraisingAmt
All Other Contributions$2,115,327AllOtherContributionsAmt
Total Contributions$2,121,291TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescMICRO FINANCE PROGRAMDesc
Business525990BusinessCd
Total Revenue Column$3,366TotalRevenueColumnAmt
Related Or Exempt Func Income$3,366RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$3,366TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,889TotalRevenueColumnAmt
Related Or Exempt Func Income$2,889RelatedOrExemptFuncIncomeAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$100,000SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$100,025SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities-$25SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column-$25TotalRevenueColumnAmt
Related Or Exempt Func Income-$25RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$765FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$5,964ContriRptFundraisingEventAmt
Fundraising Direct Expenses$2,104FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$1,339TotalRevenueColumnAmt

Net Income From Gaming NetIncomeFromGamingGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
FieldValueIRS element (for citing)
Other Revenue Total$0OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,126,182TotalRevenueColumnAmt
Related Or Exempt Func Income$6,230RelatedOrExemptFuncIncomeAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$1,307,491TotalAmt
Program Services$1,307,491ProgramServicesAmt

Benefits To Members BenefitsToMembersGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$128,280TotalAmt
Program Services$89,796ProgramServicesAmt
Management And General$12,828ManagementAndGeneralAmt
Fundraising$25,656FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$47,700TotalAmt
Program Services$4,770ProgramServicesAmt
Management And General$38,160ManagementAndGeneralAmt
Fundraising$4,770FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$265,325TotalAmt
Program Services$102,167ProgramServicesAmt
Fundraising$163,158FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$34,599TotalAmt
Program Services$23,003ProgramServicesAmt
Management And General$2,973ManagementAndGeneralAmt
Fundraising$8,623FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$30,869TotalAmt
Program Services$14,931ProgramServicesAmt
Management And General$1,013ManagementAndGeneralAmt
Fundraising$14,925FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$70,383TotalAmt
Program Services$15,408ProgramServicesAmt
Management And General$33,480ManagementAndGeneralAmt
Fundraising$21,495FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$9,172TotalAmt
Management And General$9,172ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$21,464TotalAmt
Management And General$21,464ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$68,835TotalAmt
Fundraising$68,835FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$4,833TotalAmt
Program Services$242ProgramServicesAmt
Management And General$1,208ManagementAndGeneralAmt
Fundraising$3,383FundraisingAmt

Royalties RoyaltiesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$7,441TotalAmt
Program Services$5,963ProgramServicesAmt
Management And General$185ManagementAndGeneralAmt
Fundraising$1,293FundraisingAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$8,076TotalAmt
Program Services$8,076ProgramServicesAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$6,259TotalAmt
Program Services$1,420ProgramServicesAmt
Management And General$4,839ManagementAndGeneralAmt

Payments To Affiliates PaymentsToAffiliatesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$1,229TotalAmt
Fundraising$1,229FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$2,692TotalAmt
Management And General$2,692ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtFundraisingFundraisingAmtManagement And GeneralManagementAndGeneralAmt
DONATION PROCESSING FEES$13,814$13,814
WEBSITE REDESIGN$13,175$13,175
ONLINE ACCT&FIN SOFTWARE FEES$2,124$2,124
PLEDGE WRITE-OFF$2,025$2,025

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$5,173TotalAmt
Program Services$82ProgramServicesAmt
Management And General$3,892ManagementAndGeneralAmt
Fundraising$1,199FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$2,050,959TotalAmt
Program Services$1,573,349ProgramServicesAmt
Management And General$149,230ManagementAndGeneralAmt
Fundraising$328,380FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$218,579BOYAmt
EOY$395,183EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$383,239BOYAmt
EOY$266,056EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$5,950BOYAmt
EOY$4,575EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$3,567BOYAmt
EOY$8,432EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$7,659LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$2,328LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$3,794BOYAmt
EOY$5,331EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$804BOYAmt
EOY$791EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$60,956BOYAmt
EOY$64,323EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$4,538BOYAmt
EOY$0EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$681,427BOYAmt
EOY$744,691EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$8,480BOYAmt
EOY$1,556EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$156,464BOYAmt
EOY$149,957EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$49,158BOYAmt
EOY$50,578EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$2,619BOYAmt
EOY$2,620EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$216,721BOYAmt
EOY$204,711EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$222,416BOYAmt
EOY$236,875EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$242,290BOYAmt
EOY$303,105EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$464,706BOYAmt
EOY$539,980EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$681,427BOYAmt
EOY$744,691EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$75,223ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$51NetUnrlzdGainsLossesInvstAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

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

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$1,555,598CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,974,686CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,871,551CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,254,571CurrentTaxYearMinus1YearAmt
Current Tax Year$2,127,572CurrentTaxYearAmt
Total$9,783,978TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,555,598CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,974,686CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,871,551CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,254,571CurrentTaxYearMinus1YearAmt
Current Tax Year$2,127,572CurrentTaxYearAmt
Total$9,783,978TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$940,460SubstantialContributorsTotAmt
Public Support Total170$8,843,518PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt
FieldValueIRS element (for citing)
Total Support$9,783,978TotalSupportAmt
Public Support CY1700.90390PublicSupportCY170Pct
Public Support PY1700.89100PublicSupportPY170Pct
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

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$7,659OtherCostOrOtherBasisAmt
Depreciation$2,328DepreciationAmt
Book Value$5,331BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$5,331TotalBookValueLandBuildingsAmt
Total Book Value Program Rltd$64,323TotalBookValueProgramRltdAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescPAYROLL TAXES DUEDesc
Amt$2,620Amt
FieldValueIRS element (for citing)
Total Liability$2,620TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$2,126,233TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$51NetUnrealizedGainsInvstAmt
Revenue Not Reported$51RevenueNotReportedAmt
Revenue Subtotal$2,126,182RevenueSubtotalAmt
Total Revenue Per Form990$2,126,182TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$2,050,959TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal$2,050,959ExpensesSubtotalAmt
Total Expenses Per Form990$2,050,959TotalExpensesPerForm990Amt

Schedule F IRS990ScheduleF

Grants To Org Outside US GrantsToOrgOutsideUSGrp (2 entries)

RegionRegionTxtPurpose Of GrantPurposeOfGrantTxtCash GrantCashGrantAmtManner Of Cash DisbursementMannerOfCashDisbursementTxt
CENTRAL AMERICACOMMUNITY DEVELOP$1,191,291WIRE TRANSFER
SOUTH ASIACOMMUNITY DEVELOP$72,000WIRE TRANSFE
FieldValueIRS element (for citing)
Total501c3 Org2Total501c3OrgCnt
Total Other Org2TotalOtherOrgCnt

Foreign Individuals Grants ForeignIndividualsGrantsGrp

FieldValueIRS element (for citing)
Type Of AssistanceMISSIONARYTypeOfAssistanceTxt
RegionCENTRAL AMERICARegionTxt
Recipient2RecipientCnt
Cash Grant$44,200CashGrantAmt
Manner Of Cash DisbursementCHECKMannerOfCashDisbursementTxt
FieldValueIRS element (for citing)
Transfer To Foreign CorpfalseTransferToForeignCorpInd
Interest In Foreign TrustfalseInterestInForeignTrustInd
Foreign Corp OwnershipfalseForeignCorpOwnershipInd
Passive Foreign Investmest CofalsePassiveForeignInvestmestCoInd
Foreign PartnershipfalseForeignPartnershipInd
Boycott CountriesfalseBoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Part II, Line 1 - Method of AccountingThe organization utilizes the accrued method of accounting for financial reporting and tax purposes. Yet, the amounts reflected on Schedule F Part II are solely cash disbursments made during the current year via wire transfers.
Part III, Line 1 - Estimated Number of Recipients2

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Written Employment ContractYes (X)WrittenEmploymentContractInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentfalseSeverancePaymentInd
Supplemental Nonqual Rtr PlanfalseSupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd
Comp Based On Revenue Of Flng OrgfalseCompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related OrgsfalseCompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng OrgfalseCompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd OrgsfalseCompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsfalseAnyNonFixedPaymentsInd
Initial Contract ExceptionfalseInitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonRONALD BUENOPersonNm
TitleEXECUTIVE DIRECTORTitleTxt
Base Compensation Filing Org$128,280BaseCompensationFilingOrgAmt
Nontaxable Benefits Filing Org$27,048NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs$36,000NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org$155,328TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs$36,000TotalCompensationRltdOrgsAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart III, Additional InformationFormAndLineReferenceDesc
ExplanationRonald Bueno is the organization's the Executive Director. As part of his compensation package in 2022 he received non-taxable fringe benefits in the amount of $27,048. The benefits included group medical insurance for him and his familY.The executive director spends significant time in Central American to ensure the overall mission and vision of the organization is implemented as designed. Our affiliated organization in El Salvador, provided him an allowance for foreign housing related expenses in the amount of $36,000 during 2022. Since it is foreign sourced from a Non U.S. entity it was not reported on a Form W-2 or Form 1099-Misc, but it is taxable for U.S. individual income tax purposes.ExplanationTxt

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (5 entries)

Relationship DescriptionRelationshipDescriptionTxtTransactionTransactionAmtTransactionTransactionDescSharing Of RevenuesSharingOfRevenuesInd
LITTLE BIRD MARKETING CO
FAMILY MEMBER$8,082MARKETING CONSULITNGfalse
MICHELLE BUENO
FAMILY MEMBER$68,700EMPLOYEE COMPENSATIONfalse
MICAELA BUENO
FAMILY MEMBER$45,000EMPLOYEE COMPENSATIONfalse
ELIZABETH BALDWIN
FAMILY MEMBER$18,750EMPLOYEE COMPENSATIONfalse
LARRY KASPER
PAST BOARD MEMBE$47,700OUTSIDE CONTRACTORfalse

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule L, Part V Supplemental InformationFormAndLineReferenceDesc
ExplanationPriscilla McKinney was a former board director, is more than a 35% owner of Little Bird Marketing which provided consulting services to ENLACE USA during 2022. She is also a sister-in-law of ENLACE USA's executive director Ronald Bueno. Larry Kasper was a former board of director of Enlace USA and provide outside contractor services in 2022. Also, the wife, daughter and another sister-in-law of ENLACE USA's executive director were employees of the organization during 2022.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part III, Line 4dOTHER PROGRAM SERVICES 4: OTHER PROGRAM SERVICES 5: ***FOREIGN MISSIONARY***ENLACE contracted U.S. persons under a deputized fundraising agreement to provide international relief and development work primarily in support of Enlace's economic programs and projects in El Salvador. During 2022,a missionary provide in-country consulting to improve the design of family chicken farm program. In addition, a new missionary with videoagraphy skills/experience was sent to El Salvador in 2022 to provided promotional and reporting content for the U.S. development department. OTHER PROGRAM SERVICES 6: ***ACCOMPLISHMENTS IN THE UNITED STATES***ENLACE USA'S CHURCH PARTNERSHIP PROGRAM PROVIDES U.S.A. CHURCHES WITH THE OPPORTUNITY TO BUILD LONG-TERM AND EFFECTIVE RELATIONSHIPS WITH CHURCHES IN EL SALVADOR, NEPAL, AND GUATEMALA THAT ARE ACTIVELY ENGAGED IN COMMUNITY TRANSFORMATION. THE PROGRAM ASSISTS U.S.A. CHURCHES TO EXPLORE POSSIBLE PARTNERSHIPS, INVEST IN LEADERSHIP DEVELOPMENT AND COMMUNITY DEVELOPMENT PROJECTS, AND EXPERIENCE WORKING ALONGSIDE CHURCH AND COMMUNITY LEADERS OUTSIDE THE UNITED STATES. THE PROGRAM ALSO PROVIDES SUPPORT FOR U.S.A. CHURCHES ON HOW TO FURTHER ENGAGE THEIR CONGREGATIONS IN COMMUNITY TRANSFORMATION THROUGH TIMELY COMMUNICATIONS, REPORTING, AND CAMPAIGN DESIGN. IN 2022 ENLACE USA ASSISTED 19 U.S.A. CHURCHES TO PARTNER WITH CHURCHES AND COMMUNITY LEADERS TO IMPLEMENT RELIEF AND RECOVERY INITIATIVES IN EL SALVADOR, GUATEMALA AND NEPAL. IN ADDITION, ENLACE USA FACILITATED 16 SERVING AND VISION TEAMS THAT PROVIDED TEAM MEMBERS THE OPPORTUNITY TO EXPERIENCE COMMUNITY TRANSFORMATION IN PERSON.
Form 990, Part VI, Section B, Line 11bTHE FORM 990 WAS PREPARED BY A SUBCONTRACTED TAX PROFESSIONAL. PRIOR TO FILING, THE RETURN WAS REVIEWED AND APPROVED BY TWO BOARD MEMBERS on the Audit Committee. ONE OF THE REVIEWING BOARD MEMBERS IS AN ATTORNEY, WHO REVIEWED ALL LEGAL OR COMPLIANCE ISSUES.
Form 990, Part VI, Section B, Line 12cIf a conflict of interest has been discovered, the Chief Governance Officer will include the issue on the next schedule board meeting, or if necessary, call an extraordinary meeting.
Form 990, Part VI, Section B, Line 15aSEE LINE 15b RESPONSE
Form 990, Part VI, Section B, Line 15bENLACE USA adopted an Executive Compensation Policy (the "Policy") in 2008. The Policy requires the board of directors (the "Board") to make every effort to comply with the "rebuttable presumption of reasonableness" under Internal Revenue Code 4958 and its supporting Treasury Regulations 53.4958-6. The Policy also directs the Board to adopt procedures for reviewing and approving new or materially modified compensation arrangements between ENLACE USA and its executives and senior managers that, among other things, include the following:a.Reviewing the compensation arrangement or the terms of the transaction. The body deciding on the compensation arrangement must be composed entirely of persons who do not have a conflict of interest with respect to the compensation arrangement or transaction under review. b.In making its determination of reasonableness, the Board should obtain and rely upon appropriate data as to comparability from internal or external sources to help it make its determination. c.The Board will ultimately decide (on the basis of the Compensation Committee's recommendation, if any) whether to approve the compensation arrangement or not. Only Board members who have no conflict of interest with respect to the compensation arrangement may participate in the decision-making process. The person who is the subject of the compensation arrangement and any director who has a conflict of interest with respect to the compensation arrangement may answer questions regarding the compensation arrangement but otherwise must recuse themselves from the meeting during deliberation on the compensation arrangement. Additionally, if the Board or the Compensation Committee obtained a compensation study or opinion letter, the Board should be provided an opportunity to ask questions of person who prepared the study or opinion letter. d.The Board should document the basis for its decision the later of the Board's next meeting or 60 days after the Board's decision. And within a reasonable time after the decision is documented, the Board should review and approve the documentation as reasonable, accurate, and complete. The documentation should include, at minimum:(i)The terms of the approved compensation arrangement and the date the Board approved it; (ii)The persons who were present during the deliberation and vote on the compensation arrangement and the names of the persons who voted for it or against it;(iii)The comparability data obtained and relied upon and how the data was obtained; and(iv)The actions any director who has a conflict of interest with respect to the compensation arrangement took during the Board's decision-making process.
Form 990, Part VI, Section C, Line 19Annual FINANCIAL STATEMENTS are posted ON OUR WEBSITE AND a financial summary is INCLUDED IN OUR ANNUAL REPORT. CURRENTLY WE ARE NOT POSTING OUR GOVERNING POLICIES AND RELATED DOCUMENTS ON OUR WEBSITE.
FORM 990, PART IV 11C and SCH D, PART VIIIENLACE implemented a new micro finance loan program in 2020. Some of donors elected to provide capital to be used to provide micro loans in El Salvador via an afflicted financing organization. Credatec. Three year promissory notes with a 3% annually compounded interest were issued and $57,500 was raised. In December 2020, one participate forgave their $10,000 loan and corresponding interest, leaving $47,500 of outstanding loans payable, which had accrued interest payable of $3,078 at the end of 2022.The original principal of $57,500 was then loaned to the Credatec via a three year promissory note with a 5% annual compounded interest, which had accrued to $6,823 at end of 2022.

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.