BETA

FRIENDS OF UFM INC: Form 990, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
FRIENDS OF UFM INC (EIN 27-2852264)
Tax period
2018-01-01 to 2018-12-31
Filed
2019-11-12
IRS object ID
201903169349302205
Schema version
2018v3.1
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)
Return2019-11-12T10:04:55-06:00ReturnTs
Tax Period End2018-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN520901831PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1ROSS LANGAN & MCKENDREE LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line17900 WESTPARK DR STE T420AddressLine1Txt
CityMCLEANCityNm
State AbbreviationVAStateAbbreviationCd
ZIP22102ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2018-01-01TaxPeriodBeginDt

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 Line1C/O RLM 7900 WESTPARK DRIVE NO T420AddressLine1Txt
CityMCLEANCityNm
State AbbreviationVAStateAbbreviationCd
ZIP22102ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonRODOLFO MILANIPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone3056065939PhoneNum
Signature2019-11-12SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJEFFREY P HAYDENPreparerPersonNm
PTINP00057870PTIN
Phone7038932660PhoneNum
Self EmployedYes (X)SelfEmployedInd

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address208.82.213.4IPv4AddressTxt
FieldValueIRS element (for citing)
IP2019-11-12IPDt
IP Tm07:56:09IPTm
IP TimezoneESIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdB602D594AFD2B0B327E07A06F36CA6A7E42546D0AtSubmissionCreationDeviceId
At Submission Filing Device IdB602D594AFD2B0B327E07A06F36CA6A7E42546D0AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2020-04-17 16:48:07ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerRODOLFO MILANIPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1C/O RLM 7900 WESTPARK DRIVE NO T420AddressLine1Txt
CityMCLEANCityNm
State AbbreviationVAStateAbbreviationCd
ZIP22102ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$2,109,351GrossReceiptsAmt
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 Body3VotingMembersGoverningBodyCnt
Voting Members Independent3VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers6TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$613,002PYContributionsGrantsAmt
CY Contributions Grants$2,096,371CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$11,591CYProgramServiceRevenueAmt
PY Investment Income-$86PYInvestmentIncomeAmt
CY Investment Income$8CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$280CYOtherRevenueAmt
PY Total Revenue$612,916PYTotalRevenueAmt
CY Total Revenue$2,108,250CYTotalRevenueAmt
PY Grants And Similar Paid$810,740PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$862,964CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$6,635CYTotalFundraisingExpenseAmt
PY Other Expenses$27,841PYOtherExpensesAmt
CY Other Expenses$52,056CYOtherExpensesAmt
PY Total Expenses$838,581PYTotalExpensesAmt
CY Total Expenses$915,020CYTotalExpensesAmt
PY Revenues Less Expenses-$225,665PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$1,193,230CYRevenuesLessExpensesAmt
Total Assets BOY$122,500TotalAssetsBOYAmt
Total Assets EOY$1,318,347TotalAssetsEOYAmt
Total Liabilities BOY$4,532TotalLiabilitiesBOYAmt
Total Liabilities EOY$7,149TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$117,968NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,311,198NetAssetsOrFundBalancesEOYAmt
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 SrvcYes (1)SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$376,932ExpenseAmt
Grant$376,932GrantAmt
DescITA SCHOLARSHIP PROGRAMS: THE ORGANIZATION SUPPORTS SCHOLARSHIP PROGRAMS AT UNIVERSIDAD FRANCISCO MARROQUIN (ITA IS A SPANISH ACRONYM MEANING "PROMOTING ACADEMIC TALENT") THAT SEEK TO IDENTIFY THE POOREST, MOST HIGHLY QUALIFIED AND 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 INSTITUTE OF POLITICAL STUDIES AND INTERNATIONAL RELATIONS ("EPRI"); THE ADOLFO LAU SCHOLARSHIP PROGRAM NAMED AFTER A LONG-TIME UFM PROFESSOR OF ARCHITECTURE THAT PASSED AWAY IN 2012; THE MANUEL F. AYAU SOCIETY, WHICH WAS ESTABLISHED BY UFM TO HONOR THE LEGACY OF MANUEL F. AYAU AND SUPPORT SCHOLARS AND PROFESSORSHIPS; AND OTHER DONOR-RESTRICTED SCHOLARSHIPS.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$132,418ExpenseAmt
Grant$132,418GrantAmt
DescUFM MADRID CAMPUS: IN 2018, UFM RECEIVED PERMISSION TO OPEN A CAMPUS IN MADRID. AS CLASSES BEGAN IN SEPTEMBER 2018, UFM BECAME THE ONLY LATIN AMERICAN UNIVERSITY AUTHORIZED TO OPERATE IN EUROPE. IT IS LOCATED IN ONE OF THE MOST POPULAR COUNTRIES FOR STUDY ABROAD AND ONE OF THE WORLD'S MOST COMPETITIVE ACADEMIC MARKETS FOR BUSINESS ADMINISTRATION AND ENTREPRENEURSHIP. AS A FOREIGN UNIVERSITY OPERATING IN SPAIN, THE OPPORTUNITIES TO DEVELOP NEW EDUCATIONAL PRODUCTS THAT ADDRESS THE IMPORTANCE OF LIBERTY IN ALL ITS MANIFESTATIONS ARE IMMENSE. FRIENDS OF UFM AIMS TO MAKE UFM MADRID A HIGH-PROFILE SHOWCASE FOR A DISRUPTIVE AND REPLICABLE EDUCATION MODEL, IN WHICH BOTH LEARNING PROCESS AND CONTENT REFLECT THE PRINCIPLES OF INDIVIDUAL FREEDOM, FREE MARKETS, AND PERSONAL RESPONSIBILITY. UFM ASPIRES ...CONTINUED ON SCHEDULE OCONTINUED FROM PAGE 2... TO BECOME THE EUROPEAN HUB FOR ALL WHO PROMOTE THESE PRINCIPLES. UFM MADRID IS A CHANCE TO EXPLORE AND EVOLVE WAYS TO REACH NEW AUDIENCES AND TO BE MORE EFFECTIVE IN HOW WE COMMUNICATE IDEAS. IT IS ALSO AN OPPORTUNITY TO RE-INTRODUCE CLASSICAL LIBERALISM INTO THE EDUCATIONAL CULTURE OF EUROPE. BY OFFERING YOUNG PEOPLE A SOLID EDUCATION THAT INSPIRES THEM TO SEEK A LIFE OF MEANING GROUNDED IN INDIVIDUAL LIBERTY AND RESPONSIBILITY, WE ASPIRE TO FORGE A CRITICAL MASS OF THOUGHT LEADERS, IN ALL SPHERES OF LIFE, WHO ARE COMMITTED TO PROMOTING AND DEFENDING THE VALUES THAT SUSTAIN A FREE SOCIETY.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$40,336ExpenseAmt
Grant$40,336GrantAmt
Revenue$4,841RevenueAmt
DescMONT PELERIN SOCIETY MEETING: UFM HELPED TO ORGANIZE (AND CO-HOST) THE MONT PELERIN SOCIETY GENERAL MEETING IN THE CANARY ISLANDS IN SEPTEMBER 2018. FRIENDS OF UFM SUPPORTED THIS PROGRAM THAT FURTHERS THE OBJECTIVES OF UFM. THE MONT PELERIN SOCIETY WAS CREATED AFTER WORLD WAR II, IN 1947, WHEN A GROUP OF 36 SCHOLARS, MOSTLY ECONOMISTS, SOME HISTORIANS AND PHILOSOPHERS HELD A FIRST MEETING AT MONT PELERIN, NEAR MONTREUX, CONDUCTED BY PROFESSOR FRIEDRICH VON HAYEK TO DISCUSS THE STATE AND THE POSSIBLE FATE OF LIBERALISM IN THINKING AND PRACTICE AT THAT TIME. THE MONT PELERIN SOCIETY HAS GROWN AND ITS OBJECTIVE IS TO FACILITATE AN EXCHANGE OF IDEAS BETWEEN LIKE-MINDED SCHOLARS, HOPING TO STRENGTHEN THE PRINCIPLES AND PRACTICE OF A FREE SOCIETY AND TO STUDY THE WORKINGS, VIRTUES, AND DEFECTS OF MARKET-ORIENTED ECONOMIC SYSTEMS.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (5 entries)

ExpenseExpenseAmtGrantGrantAmtDescDescRevenueRevenueAmt
$4,875$4,875SCHOOL OF FILM AND VISUAL ARTS: THE SCHOOL OF FILM AND VISUAL ARTS AT UNIVERSIDAD FRANCISCO MARROQUIN IS SUPPORTED BY THE ORGANIZATION AND PROVIDES A SPACE FOR CO-CREATION, EXPERIMENTATION, AND CREATIVITY FOR CREATORS TO DEVELOP THEIR INTERESTS AND SKILLS INTENSIVELY. IT IS A PLACE WHERE PEOPLE CAN SHAPE THEIR PROFESSIONAL PROFILE WITHIN THE FILM AND VISUAL ARTS AS LEADERS, DIRECTORS, PRODUCERS, OR SCRIPTWRITERS. IN ADDITION, IT PREPARES STUDENTS TO FACE THE CHALLENGES OF THE AUDIOVISUAL MARKET THAT USES NEW TECHNOLOGIES AS A DISTRIBUTION PLATFORM, WITH A GLOBAL AND ENTREPRENEURIAL VISION. THE MAIN OBJECTIVE OF THE SCHOOL OF FILM AND VISUAL ARTS IS TO IMPEL THE DIRECTORS, PRODUCERS, AND SCRIPTWRITERS WITH AN ENTREPRENEURIAL MENTALITY OF THE FUTURE. IT ENCOURAGES CRITICAL THINKING, AUTONOMY, AND MAKES STUDENTS RESPONSIBLE FOR THEIR OWN LEARNING AND TO BE GROWTH ORIENTED TO MEET INDIVIDUAL AND TEAM GOALS. THE ORGANIZATION PROVIDES SUPPORT FOR ADVANCED TECHNOLOGY IN THE SCHOOL.
$189$189STARTUP CITIES INSTITUTE: THE STARTUP CITIES INSTITUTE IS A RESEARCH AND DEVELOPMENT ORGANIZATION THAT APPLIES STARTUP ENTREPRENEURSHIP TO URBAN DEVELOPMENT. THE STARTUP CITIES INSTITUTE USES A NOVEL METHOD THAT CONVERTS CHALLENGED AREAS INTO A SERIES OF COMPETITIVE AND COOPERATIVE STARTUPS THAT FACE TOUGH CITY PROBLEMS HEAD-ON.
$266,403$266,403OTHER PROGRAMS: THE ORGANIZATION PROVIDES ADMINISTRATIVE SUPPORT TO ADMINISTER THE OTHER PROGRAMS AND ONE-TIME OR SPECIAL PROJECT SUPPORT TO UNIVERSIDAD FRANCISCO MARROQUIN (UFM). THESE INCLUDE THE MANUEL F. AYAU SOCIETY SCHOLARS AND VISITING PROFESSORS PROGRAM; THE COLLEGE FREEDOM FORUM; UFM DEVELOPMENT DEPARTMENT SUPPORT; THE NEW MEDIA DEPARTMENT SUPPORT; DISASTER RELIEF SCHOOL OF MEDICINE ACTIVITIES; ARBORETUM SUPPORT; CONTINUING EDUCATION; THE MICHAEL POLYANI COLLEGE SUPPORT; AND OTHER SPECIAL PROJECT FUNDING.$134
$12,015$12,015THE DEPARTMENT OF PERFORMING ARTS: THE ORGANIZATION SUPPORTS UNIVERSIDAD FRANCISCO MARROQUIN'S PERFORMING ARTS PROGRAM FORMERLY CALLED THE ORGANIZATION FOR THE ARTS. THE DEPARTMENT WAS FOUNDED IN 1983 AS AN IMPORTANT ARM OF THE COMMUNITY. THE PROGRAM HAS NATIONAL AND INTERNATIONAL PROJECTION THAT PRESENTS ACTIVITIES AND PRODUCES SHOWS FOR CHILDREN, JAZZ CONCERTS, RECITALS OF NOTABLE SOLOISTS AND CHAMBER ENSEMBLES, SYMPHONIC AND CHORAL CONCERTS, LARGE OPERA PRODUCTIONS, INTERNATIONAL BALLET COMPANIES, AND MODERN AND CONTEMPORARY DANCE.
$29,796$29,796THE ANTIGUA FORUM: THE ORGANIZATION SUPPORTS THE UNIVERSIDAD FRANCISCO MARROQUIN'S FORUM THAT GATHERS POLITICAL LEADERS, 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.$6,750
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$313,278TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant$313,278TotalOtherProgSrvcGrantAmt
Total Other Prog Srvc Revenue$6,884TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$862,964TotalProgramServiceExpensesAmt
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
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
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 With Officer Ent0BusinessRlnWithOfficerEntInd
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 Document3IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
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 Members3GoverningBodyVotingMembersCnt
Independent Voting Member3IndependentVotingMemberCnt
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 Body0Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldINStatesWhereCopyOfReturnIsFldCd
Own WebsiteYes (X)OwnWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ROSS LANGAN & MCKENDREE 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 (3 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
VIDAR JORGENSEN
DIRECTOR2.00Yes (X)$0$0$0
WAYNE A LEIGHTON
TREASURER2.00Yes (X)$0$0$0Yes (X)
RODOLFO MILANI
PRESIDENT2.00Yes (X)$0$0$0Yes (X)
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$2,790FederatedCampaignsAmt
All Other Contributions$2,093,581AllOtherContributionsAmt
Noncash Contributions$4,111NoncashContributionsAmt
Total Contributions$2,096,371TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescREGISTRATION FEESDesc
Business900099BusinessCd
Total Revenue Column$11,591TotalRevenueColumnAmt
Related Or Exempt Func Income$11,591RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$11,591TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$3TotalRevenueColumnAmt
Exclusion$3ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$146TotalRevenueColumnAmt
Exclusion$146ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$1,106SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$1,101SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$5SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$5TotalRevenueColumnAmt
Exclusion$5ExclusionAmt

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$134TotalRevenueColumnAmt
Related Or Exempt Func Income$134RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$134OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,108,250TotalRevenueColumnAmt
Related Or Exempt Func Income$11,725RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$154ExclusionAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$862,964TotalAmt
Program Services$862,964ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$35,538TotalAmt
Management And General$35,538ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$2,975TotalAmt
Management And General$2,975ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$20TotalAmt
Fundraising$20FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$5,045TotalAmt
Management And General$4,443ManagementAndGeneralAmt
Fundraising$602FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$1,094TotalAmt
Management And General$353ManagementAndGeneralAmt
Fundraising$741FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$3,009TotalAmt
Management And General$2,112ManagementAndGeneralAmt
Fundraising$897FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$4,375TotalAmt
Fundraising$4,375FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$915,020TotalAmt
Program Services$862,964ProgramServicesAmt
Management And General$45,421ManagementAndGeneralAmt
Fundraising$6,635FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$11,825BOYAmt
EOY$725,790EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$105,000BOYAmt
EOY$591,111EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
EOY$146EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$17,499LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$16,199LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$5,675BOYAmt
EOY$1,300EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$122,500BOYAmt
EOY$1,318,347EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$4,532BOYAmt
EOY$3,399EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
EOY$3,750EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$4,532BOYAmt
EOY$7,149EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$5,912BOYAmt
EOY$114,969EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$112,056BOYAmt
EOY$1,196,229EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$117,968BOYAmt
EOY$1,311,198EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$122,500BOYAmt
EOY$1,318,347EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$1,193,230ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS Audited0FSAuditedInd
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$384,892CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,782,609CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$753,067CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$613,002CurrentTaxYearMinus1YearAmt
Current Tax Year$2,096,371CurrentTaxYearAmt
Total$5,629,941TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$384,892CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,782,609CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$753,067CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$613,002CurrentTaxYearMinus1YearAmt
Current Tax Year$2,096,371CurrentTaxYearAmt
Total$5,629,941TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$2,977,886SubstantialContributorsTotAmt
Public Support Total170$2,652,055PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$4CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus1 Year$1CurrentTaxYearMinus1YearAmt
Current Tax Year$149CurrentTaxYearAmt
Total$154TotalAmt
FieldValueIRS element (for citing)
Total Support$5,630,095TotalSupportAmt
Gross Receipts Rltd Activities$11,591GrossReceiptsRltdActivitiesAmt
Public Support CY1700.47100PublicSupportCY170Pct
Public Support PY1700.32640PublicSupportPY170Pct
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

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$17,499OtherCostOrOtherBasisAmt
Depreciation$16,199DepreciationAmt
Book Value$1,300BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$1,300TotalBookValueLandBuildingsAmt

Schedule F IRS990ScheduleF

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Account Activities Outside US AccountActivitiesOutsideUSGrp (2 entries)

RegionRegionTxtOfficesOfficesCntEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtSpecific Services ProvidedSpecificServicesProvidedTxtRegion Total ExpendituresRegionTotalExpendituresAmt
CENTRAL AMERICA00PROGRAM SERVICES AND GRANTSFUNDING OF PROGRAMS - THE ANTIGUA FORUM, THE DEPARTMENT OF PERFORMING ARTS, MONT PELERIN SOCIETY MEETING, ITA SCHOLARSHIP PROGRAMS, MANUEL F. AYAU SOCIETY SCHOLARS AND PROFESSORS, UFM'S CAMPUS IN MADRID, STARTUP CITIES INSTITUTE, CONTINUING EDUCATION, COLLEGE FREEDOM FORUM, AND OTHER PROGRAMS.$862,964
CENTRAL AMERICA00VOLUNTEER STAFF TRAVEL TO UFM.$3,009
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees0SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee0ContinuationTotalEmployeeCnt
Total Office0TotalOfficeCnt
Total Employee0TotalEmployeeCnt
Subtotal Spent$865,973SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$865,973TotalSpentAmt

Grants To Org Outside US GrantsToOrgOutsideUSGrp

FieldValueIRS element (for citing)
RegionCENTRAL AMERICARegionTxt
Purpose Of GrantEDUCATIONAL PURPOSES - THE ANTIGUA FORUM, THE DEPARTMENT OF PERFORMING ARTS, MONT PELERIN SOCIETY MEETING, ITA SCHOLARSHIP PROGRAMS, MANUEL F. AYAU SOCIETY SCHOLARS AND PROFESSORS, UFM'S CAMPUS IN MADRID, STARTUP CITIES INSTITUTE, CONTINUING EDUCATION, COLLEGE FREEDOM FORUM, AND OTHER PROGRAMS.PurposeOfGrantTxt
Cash Grant$862,964CashGrantAmt
Manner Of Cash DisbursementWIRE TRANSFERMannerOfCashDisbursementTxt
FieldValueIRS element (for citing)
Total501c3 Org1Total501c3OrgCnt
Transfer To Foreign Corp0TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp Ownership0ForeignCorpOwnershipInd
Passive Foreign Investmest Co0PassiveForeignInvestmestCoInd
Foreign Partnership0ForeignPartnershipInd
Boycott Countries0BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationGRANTS 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.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART III, LINE 2IN 2018, THE ORGANIZATION ADDED NEW PROGRAM AREAS. ALL OF THE NEW AND EXISTING PROGRAMS OF THE ORGANIZATION ARE DETERMINED BY THE ORGANIZATION'S BOARD OF DIRECTORS, SUPPORT PROGRAMS AND ACTIVITIES AT THE UNIVERSIDAD FRANCISCO MARROQUIN, AND ARE CONSISTENT WITH THE MISSION OF THE ORGANIZATION.
FORM 990, PART VI, SECTION B, LINE 11BTHE ORGANIZATION PROVIDED A COMPLETE COPY OF THIS FORM 990, INCLUDING SCHEDULES, TO THE DEVELOPMENT DIRECTOR, NEW TREASURER, 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 19THE ORGANIZATION MAKES ALL GOVERNING DOCUMENTS, INCLUDING ITS CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS, AVAILABLE FOR PUBLIC INSPECTION.

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