FRIENDS OF UFM INC: Form 990, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- FRIENDS OF UFM INC (EIN 27-2852264)
- Tax period
- 2017-01-01 to 2017-12-31
- Filed
- 2018-11-14
- IRS object ID
- 201813189349308371
- Schema version
- 2017v2.3
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-11-14T14:58:16-06:00 | ReturnTs |
| Tax Period End | 2017-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 520901831 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ROSS LANGAN & MCKENDREE LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7900 WESTPARK DR STE T420 | AddressLine1Txt |
| City | MCLEAN | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22102 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2017-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 272852264 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FRIENDS OF UFM INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | FRIE | BusinessNameControlTxt |
| Phone | 3056065939 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O RLM 7900 WESTPARK DRIVE NO T420 | AddressLine1Txt |
| City | MCLEAN | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22102 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | WAYNE LEIGHTON | PersonNm |
| Person Title | SECRETARY-TREASURER | PersonTitleTxt |
| Phone | 3056065939 | PhoneNum |
| Signature | 2018-11-12 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JEFFREY P HAYDEN | PreparerPersonNm |
| PTIN | P00057870 | PTIN |
| Phone | 7038932660 | PhoneNum |
| Self Employed | Yes (X) | SelfEmployedInd |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 208.82.213.4 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2018-11-12 | IPDt |
| IP Tm | 10:38:26 | IPTm |
| IP Timezone | ES | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | B602D594AFD2B0B327E07A06F36CA6A7E42546D0 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | B602D594AFD2B0B327E07A06F36CA6A7E42546D0 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2017 | TaxYr |
| Build TS | 2019-02-21 02:37:17Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | RODOLFO MILANI | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O RLM 7900 WESTPARK DRIVE NO T420 | AddressLine1Txt |
| City | MCLEAN | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22102 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $619,340 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | FRIENDSOFUFM.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2011 | FormationYr |
| Legal Domicile State | IN | LegalDomicileStateCd |
| Activity Or Mission | TO 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 Body | 3 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 3 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 6 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $753,067 | PYContributionsGrantsAmt |
| CY Contributions Grants | $613,002 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $0 | PYInvestmentIncomeAmt |
| CY Investment Income | -$86 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $753,067 | PYTotalRevenueAmt |
| CY Total Revenue | $612,916 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $461,507 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $810,740 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $0 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $0 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $4,415 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $10,593 | PYOtherExpensesAmt |
| CY Other Expenses | $27,841 | CYOtherExpensesAmt |
| PY Total Expenses | $472,100 | PYTotalExpensesAmt |
| CY Total Expenses | $838,581 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $280,967 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$225,665 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $343,833 | TotalAssetsBOYAmt |
| Total Assets EOY | $122,500 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $4,532 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $343,833 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $117,968 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | TO 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 | MissionDesc |
| Significant New Program Srvc | Yes (1) | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $247,623 | ExpenseAmt |
| Grant | $247,623 | GrantAmt |
| Desc | ITA 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $100,000 | ExpenseAmt |
| Grant | $100,000 | GrantAmt |
| Desc | MOOC ON SCHOOL OF SALAMANCA: THE SCHOOL OF SALAMANCA IS A MASSIVE OPEN ONLINE COURSE (MOOC) OFFERED BY UNIVERSIDAD FRANCISCO MARROQUIN AND SUPPORTED BY THE ORGANIZATION THAT CONSISTS OF FIVE CHAPTERS AS AN OVERVIEW OF THE SCHOOL OF SALAMANCA, THE MAIN INTELLECTUAL CURRENT OF EARLY MODERN SPAIN. THE COURSE CONSISTS OF THREE MAIN CHAPTERS ON THE SCHOOL'S CONTRIBUTIONS TO HUMAN RIGHTS, POLITICS, AND ECONOMICS, PLUS AN INTRODUCTION, A CONCLUSION, AND BRIEF CHAPTERS ON THE SCHOOL'S FOUNDER FRANCISCO DE VITORIA AND ITS CLIMACTIC FIGURE JUAN DE MARIANA. IT IS DESIGNED FOR STUDENTS TO LEARN ABOUT THE ORIGINS OF THE HISPANIC LIBERAL TRADITION AS WELL AS THE SCOPE OF ITS FUNDAMENTAL INFLUENCE ON MODERN WESTERN CIVILIZATION. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $97,500 | ExpenseAmt |
| Grant | $97,500 | GrantAmt |
| Desc | NEXT STEP: THE ORGANIZATION SUPPORTS NEXT STEP: ADVANCING THE IDEAS OF LIBERTY THROUGHOUT THE SPANISH-SPEAKING WORLD, A PROJECT LED BY UNIVERSIDAD FRANCISCO MARROQUIN'S (UFM) CENTRO HENRY HAZLITT, THE HUB FOR DEVELOPING CURRICULA AND ACTIVITIES RELATED TO UFM'S MISSION. THERE ARE FIVE ADDITIONAL COMPONENTS THAT FOCUS ON PEDAGOGICAL REFORMS, MULTIMEDIA PUBLICATIONS, AND OUTREACH PROGRAMS THAT CAN EXPAND UFM'S IMPACT BEYOND GUATEMALA: A FILM AND MEDIA STUDIES UNIT; FOUR MASSIVELY OPEN ONLINE COURSES (MOOCS) ON DON QUIXOTE; TWO PUBLICATIONS AND THE PRACTICAL APPLICATIONS OF ECONOMICS; A REVIEW OF FREE ENTERPRISE IN GUATEMALA AND AN ANALYSIS OF THE CURRENT BUSINESS CYCLE; AND AN ONLINE K-7 PRIMARY SCHOOL PROGRAM. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (8 entries)
| ExpenseExpenseAmt | GrantGrantAmt | DescDesc |
|---|---|---|
| $70,000 | $70,000 | ONGOING LEARNING: THIS IS A PROGRAM THE ORGANIZATION SUPPORTS WITHIN UNIVERSIDAD FRANCISCO MARROQUIN'S CENTRO HENRY HAZLITT TO CONDUCT WORKSHOPS FOR UNIVERSIDAD FRANCISCO MARROQUIN PROFESSORS ON DIFFERENT TEACHING METHODOLOGIES. |
| $70,000 | $70,000 | SCHOOL 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. |
| $37,487 | $37,487 | HUMAN RIGHTS CENTER: THE ORGANIZATION SUPPORTS THE CENTRO DE DERECHOS HUMANOS AT UNIVERSIDAD FRANCISCO MARROQUIN, WHICH IS IN ITS EARLY STAGES. THE FOCUS OF ATTENTION OF THE HUMAN RIGHTS CENTER IS GUATEMALA. HUMAN RIGHTS ARE THOSE THAT PROTECT LIFE, INDIVIDUAL FREEDOM, AND PRIVATE PROPERTY. THEY ARE THOSE RIGHTS THAT ARE NECESSARY TO BE ABLE TO LIVE IN SOCIETY. THEY ARE FUNDAMENTAL FOR A COUNTRY LIKE GUATEMALA AND ITS CITIZENS TO PROSPER. THE MISSION IS TO GENERATE EXPERTS, PROMOTE INVESTIGATIONS, AND CONVENE EVENTS THAT POINT OUT THE CONSEQUENCES FOR GUATEMALA OF THE VIOLATION OF HUMAN RIGHTS AND ALSO OF POLITICAL MANIPULATION. |
| $30,000 | $30,000 | FINANCE RESEARCH CENTER: THE ORGANIZATION SUPPORTS THE FINANCE RESEARCH CENTER ("FRC") AT UNIVERSIDAD FRANCISCO MARROQUIN THAT HAS A MISSION TO SERVE AS A CATALYST FOR INNOVATIVE FINANCIAL RESEARCH AND EDUCATIONAL INITIATIVES THAT WILL POSITIVELY IMPACT POLICY AND SOCIETY. FRC PURSUES THIS MISSION BY SUPPORTING THE PRODUCTION AND DISSEMINATION OF HIGH-QUALITY RESEARCH IN THE FIELD OF FINANCIAL ECONOMICS. FRC INITIATIVES AIM TO CREATE INCENTIVES FOR TOP-NOTCH SCHOLARS, BOTH STUDENTS AND ESTABLISHED RESEARCHERS, TO UNDERTAKE INNOVATIVE RESEARCH, DATA COLLECTION, AND ANALYSIS THAT WILL LEAD TO IMPROVED POLICY-MAKING AND FINANCIAL REGULATION. AMONG ITS ACTIVITIES, FRC CONDUCTS NEW RESEARCH ACROSS A WIDE ARRAY OF FINANCIAL TOPICS; PROMOTES HIGH-PROFILE CONFERENCES AND WORKSHOPS FOR ACADEMICS, PRACTITIONERS, AND REGULATORS; AND CONTRIBUTES TO THE DISSEMINATION OF CUTTING-EDGE KNOWLEDGE IN FINANCIAL ECONOMICS AMONG THE ACADEMIC COMMUNITY AND SOCIETY AS A WHOLE. |
| $21,435 | $21,435 | THE 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. |
| $14,088 | $14,088 | THE 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. |
| $968 | $968 | STARTUP 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. |
| $121,639 | $121,639 | OTHER 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 LATIN AMERICAN LIBERTY FORUM, A MEETING FOR ALL THOSE IN LATIN COUNTRIES WHO STRIVE TO LIMIT THE POWER OF GOVERNMENTS, ERADICATE CORRUPTION, AND PROMOTE THE FLOWERING OF FREE ENTERPRISE AND PRIVATE INITIATIVE AS ENGINE FOR DEVELOPMENT; THE ATLAS LEADERSHIP ACADEMY, A TRAINING PROGRAM TO PROMOTE LEADERSHIP FOR CERTAIN ATTENDEES OF THE LATIN AMERICAN FORUM FOR FREEDOM; CASA POPENOE, A HOUSE MAINTAINED BY UFM AS A MUSEUM AND THE FIRST HOUSE RESTORED TO THE COLONIAL STYLE OF ANTIGUA GUATEMALA; UFM DEVELOPMENT DEPARTMENT SUPPORT; AND SUPPORT FOR UFM'S NEW MADRID, SPAIN CAMPUS. |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $365,617 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $365,617 | TotalOtherProgSrvcGrantAmt |
| Total Program Service Expenses | $810,740 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | 0 | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | Yes (1) | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | 0 | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 1 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 3 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 3 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | 0 | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | 0 | WhistleblowerPolicyInd |
| Document Retention Policy | 0 | DocumentRetentionPolicyInd |
| Compensation Process CEO | 0 | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | IN | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ROSS LANGAN & MCKENDREE LLP | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7038932660 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7900 WESTPARK DRIVE T420 | AddressLine1Txt |
| City | MCLEAN | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22102 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | Yes (X) | NoListedPersonsCompensatedInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (3 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd |
|---|---|---|---|---|---|---|
| VIDAR JORGENSEN | ||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |
| WAYNE A LEIGHTON | ||||||
| TREASURER | 2.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| RODOLFO MILANI | ||||||
| PRESIDENT | 2.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $0 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $0 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | 0 | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| Federated Campaigns | $2,443 | FederatedCampaignsAmt |
| All Other Contributions | $610,559 | AllOtherContributionsAmt |
| Noncash Contributions | $1,548 | NoncashContributionsAmt |
| Total Contributions | $613,002 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1 | TotalRevenueColumnAmt |
| Exclusion | $1 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $6,337 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $6,424 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$87 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$87 | TotalRevenueColumnAmt |
| Exclusion | -$87 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $612,916 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | -$86 | ExclusionAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $810,740 | TotalAmt |
| Program Services | $810,740 | ProgramServicesAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $21,033 | TotalAmt |
| Management And General | $21,033 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,314 | TotalAmt |
| Management And General | $2,314 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $40 | TotalAmt |
| Fundraising | $40 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,375 | TotalAmt |
| Fundraising | $4,375 | FundraisingAmt |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $79 | TotalAmt |
| Management And General | $79 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $838,581 | TotalAmt |
| Program Services | $810,740 | ProgramServicesAmt |
| Management And General | $23,426 | ManagementAndGeneralAmt |
| Fundraising | $4,415 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $233,783 | BOYAmt |
| EOY | $11,825 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $100,000 | BOYAmt |
| EOY | $105,000 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,050 | BOYAmt |
| EOY | $0 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $17,499 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $11,824 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $5,675 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $343,833 | BOYAmt |
| EOY | $122,500 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $4,532 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $4,532 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,027 | BOYAmt |
| EOY | $5,912 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $338,806 | BOYAmt |
| EOY | $112,056 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $343,833 | BOYAmt |
| EOY | $117,968 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $343,833 | BOYAmt |
| EOY | $122,500 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$225,665 | ReconcilationRevenueExpnssAmt |
| Prior Period Adjustments | -$200 | PriorPeriodAdjustmentsAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 0 | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $245,736 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $384,892 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,782,609 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $753,067 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $613,002 | CurrentTaxYearAmt |
| Total | $3,779,306 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $245,736 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $384,892 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,782,609 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $753,067 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $613,002 | CurrentTaxYearAmt |
| Total | $3,779,306 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $2,545,582 | SubstantialContributorsTotAmt |
| Public Support Total170 | $1,233,724 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus2 Years | $4 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year | $1 | CurrentTaxYearAmt |
| Total | $5 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $3,779,311 | TotalSupportAmt |
| Public Support CY170 | 0.32640 | PublicSupportCY170Pct |
| Public Support PY170 | 0.30430 | PublicSupportPY170Pct |
| Ten Pct Facts Crcmstncs Test CY | Yes (X) | TenPctFactsCrcmstncsTestCYInd |
| Facts And Circumstances Test | THE ORGANIZATION QUALIFIES AS A PUBLICLY SUPPORTED ORGANIZATION AND MEETS THE 10% FACTS AND CIRCUMSTANCES TEST IN 2017. THE ORGANIZATION WAS IN ITS 7TH YEAR OF OPERATION IN 2017. IN 2015, THE ORGANIZATION WAS NOT REQUIRED TO CALCULATE A PUBLIC SUPPORT PERCENTAGE, AS IT WAS IN ITS 5TH YEAR OF OPERATION; HOWEVER, IF THE ORGANIZATION WERE TO HAVE COMPLETED A FACTS AND CIRCUMSTANCES TEST IN 2015, IT WOULD HAVE BEEN 21.96%. IN 2016, THE ORGANIZATION WAS REQUIRED TO CALCULATE THE PUBLIC SUPPORT PERCENTAGE AND IT RAISED THE PUBLIC SUPPORT PERCENTAGE TO 31.12%. IN 2017, THE ORGANIZATION RAISED THE PERCENTAGE TO 32.61%. IN 2018, THE ORGANIZATION IS PROJECTING TO HAVE A PUBLIC SUPPORT PERCENTAGE RIGHT AROUND 33 1/3%. THE ORGANIZATION HAS PUT INTO PLACE ACTIVITIES TO CONTINUE TO RAISE THIS PERCENTAGE.THE ORGANIZATION IS FOCUSED ON ATTRACTING PUBLIC SUPPORT. IT HAS AN ALL-VOLUNTEER BOARD AND NO EMPLOYEES. UNTIL 2017, THE FUNDRAISING HAS GENERALLY BEEN DONE ONLY BY VOLUNTEERS AND DONATIONS OF LABOR. ASKS WERE FIRST TARGETED AT THOSE WHO ASSISTED WITH THE FOUNDING OF THE ORGANIZATION AND WITH THE PROGRAMS FUNDED BY THE ORGANIZATION AT THE UNIVERSIDAD FRANCISCO MARROQUIN. MUCH OF THIS FUNDING CAME IN THE FORM OF LARGER GIFTS FROM KEY STAKEHOLDERS IN THE PROCESS, BUT ALSO FROM MANY OTHER SMALLER DONORS. GENERALLY, THE ORGANIZATION EMPLOYS AN APPROACH OF SEEKING FOUNDATION AND MAJOR DONOR SUPPORT FROM THOSE THAT HAVE SHOWN INTEREST IN THE PROGRAMS THE ORGANIZATION HAS. BECAUSE THE ORGANIZATION IS ENTIRELY RUN BY VOLUNTEERS AND DONATED STAFF AND BECAUSE THE PROGRAMS OF THE ORGANIZATION APPEALS TO A LIMITED NUMBER OF POTENTIAL DONORS, IT HAS TAKEN LONGER THAN AN ORGANIZATION WITH EMPLOYED STAFF TO DEVELOP SOPHISTICATED AND MATURE FUNDRAISING. IN 2018, THE ORGANIZATION HAS ENGAGED A CONSULTANT TO PROVIDE ADVICE TO MAKE ITS FUNDRAISING MORE BROAD AND SOPHISTICATED AND TO ENABLE THE VOLUNTEERS TO FOCUS THEIR APPROACH TO HIGHER PROBABILITY FUNDRAISING AND CONTINUED THIS STRATEGY IN 2018.THROUGH OCTOBER 2018, THE ORGANIZATION HAS RECEIVED CONTRIBUTIONS FROM OVER 100 DONORS, MANY OF WHOM HAVE GIVEN MULTIPLE DONATIONS OF ALL SIZES AND MOST OF WHOM ARE UNRELATED TO OTHER DONORS. IN 2015, THE ORGANIZATION RECEIVED A GIFT OF OVER $1.3 MILLION FROM ONE FOUNDATION TO SUPPORT ITS PROGRAMS. THE ORGANIZATION HAS NOT EXCLUDED THIS AS AN UNUSUAL GIFT IN ITS PUBLIC SUPPORT TEST, BECAUSE IT IS HOPEFUL TO RECEIVE MANY MORE GIFTS OF THIS SIZE FROM VARIOUS DONORS OVER ITS LIFETIME. HOWEVER, IF THIS GIFT WERE EXCLUDED, THE ORGANIZATION'S PUBLIC SUPPORT PERCENTAGE FOR 2017 AND 2016 WOULD BE OVER 70% AND WELL OVER THE 33 1/3% THRESHOLD. THE ORGANIZATION'S MISSION IS TO SUPPORT THE PROGRAMS AND ACTIVITIES OF UNIVERSIDAD FRANCISCO MARROQUIN, A GUATEMALAN UNIVERSITY. THIS MISSION LIMITS THE NUMBER AND TYPES OF POTENTIAL DONORS.THE GOVERNING BODY IS A SMALL BOARD COMPOSED OF COMMITTED STAKEHOLDERS IN THE ORGANIZATION. THERE HAS BEEN SOME HEALTHY TRANSITION ON THE BOARD AND THE ORGANIZATION IS CONSIDERING EXPANDING ITS BOARD TO ADD CAPACITY AND FUNDRAISING ABILITY AS WELL AS PROVIDE EXPERTISE IN AREAS THE ORGANIZATION CAN USE. THE GOVERNING BODY IS VERY COMMITTED TO THE MISSION OF THE ORGANIZATION AND SUPPORTING THE PROGRAMS AND ACTIVITIES OF UNIVERSIDAD FRANCISCO MARROQUIN. THEY ARE PASSIONATE THAT THESE PROGRAMS AND ACTIVITIES MAKE A DIFFERENCE IN THE LIVES OF THE STUDENTS, TEACHERS, AND OTHERS ASSOCIATED WITH THE UNIVERSITY AND WILL RESULT IN A BETTER SOCIETY IN GUATEMALA AND THE WORLD.THROUGH DECEMBER 31, 2017, THE ORGANIZATION HAS EXPENDED OVER $3.6 MILLION IN SUPPORT TO THE PROGRAMS AND ACTIVITIES OF UNIVERSIDAD FRANCISCO MARROQUIN. THIS SUPPORT HAS BEEN IN A BROAD REPRESENTATION OF THE PROGRAMS AND ACTIVITIES IN THE UNIVERSITY AND HAS MADE A SIGNIFICANT DIFFERENCE IN THE LIVES OF THOSE THAT PARTICIPATE IN THOSE PROGRAMS AND IN THE HEALTH OF THE UNIVERSITY AS A WHOLE. | FactsAndCircumstancesTestTxt |
Schedule B IRS990ScheduleB
Schedule D IRS990ScheduleD
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $17,499 | OtherCostOrOtherBasisAmt |
| Depreciation | $11,824 | DepreciationAmt |
| Book Value | $5,675 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $5,675 | TotalBookValueLandBuildingsAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $663,206 | TotalRevEtcAuditedFinclStmtAmt |
| Donated Services And Use Fclts | $50,204 | DonatedServicesAndUseFcltsAmt |
| Revenue Not Reported | $50,204 | RevenueNotReportedAmt |
| Revenue Subtotal | $613,002 | RevenueSubtotalAmt |
| Other Revenues Not Included | -$86 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | -$86 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $612,916 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $888,871 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $50,204 | DonatedServicesUseFcltsAmt |
| Expenses Not Reported | $50,204 | ExpensesNotReportedAmt |
| Expenses Subtotal | $838,667 | ExpensesSubtotalAmt |
| Other Expenses Not Included | -$86 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | -$86 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $838,581 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART X, LINE 2: | FormAndLineReferenceDesc |
| Explanation | FRIENDS 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | CENTRAL AMERICA | RegionTxt |
| Offices | 0 | OfficesCnt |
| Employee | 0 | EmployeeCnt |
| Type Of Activities Conducted | PROGRAM SERVICES AND GRANTS | TypeOfActivitiesConductedTxt |
| Specific Services Provided | FUNDING OF PROGRAMS - THE ANTIGUA FORUM, THE DEPARTMENT OF PERFORMING ARTS, FINANCE RESEARCH CENTER, HUMAN RIGHTS CENTER, ITA SCHOLARSHIP PROGRAMS, MOOC ON SCHOOL OF SALAMANCA, NEXT STEP, ONGOING LEARNING, SCHOOL OF FILM AND VISUAL ARTS, STARTUP CITIES INSTITUTE, AND OTHER PROGRAMS INCLUDING LATIN AMERICAN LIBERTY FORUM, THE ATLAS LEADERSHIP ACADEMY, CASA POPENOE, UNIVERSIDAD FRANCISCO MARROQUIN'S NEW CAMPUS IN MADRID, SPAIN, AND UNIVERSIDAD FRANCISCO MARROQUIN'S DEVELOPMENT DEPARTMENT. | SpecificServicesProvidedTxt |
| Region Total Expenditures | $810,740 | RegionTotalExpendituresAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $810,740 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $810,740 | TotalSpentAmt |
Grants To Org Outside US GrantsToOrgOutsideUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | CENTRAL AMERICA | RegionTxt |
| Purpose Of Grant | EDUCATIONAL PURPOSES - THE ANTIGUA FORUM, THE DEPARTMENT OF PERFORMING ARTS, FINANCE RESEARCH CENTER, HUMAN RIGHTS CENTER, ITA SCHOLARSHIP PROGRAMS, MOOC ON SCHOOL OF SALAMANCA, NEXT STEP, ONGOING LEARNING, SCHOOL OF FILM AND VISUAL ARTS, STARTUP CITIES INSTITUTE, AND OTHER PROGRAMS INCLUDING LATIN AMERICAN LIBERTY FORUM, THE ATLAS LEADERSHIP ACADEMY, CASA POPENOE, UNIVERSIDAD FRANCISCO MARROQUIN'S NEW CAMPUS IN MADRID, SPAIN, AND UNIVERSIDAD FRANCISCO MARROQUIN'S DEVELOPMENT DEPARTMENT. | PurposeOfGrantTxt |
| Cash Grant | $810,740 | CashGrantAmt |
| Manner Of Cash Disbursement | WIRE TRANSFER | MannerOfCashDisbursementTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 1 | Total501c3OrgCnt |
| Transfer To Foreign Corp | 0 | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | 0 | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | 0 | PassiveForeignInvestmestCoInd |
| Foreign Partnership | 0 | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | 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. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART III, LINE 2 | IN 2017, THE ORGANIZATION REORGANIZED ITS PROGRAMS AND 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 11B | THE ORGANIZATION PROVIDED A COMPLETE COPY OF THIS FORM 990, INCLUDING SCHEDULES, TO THE NEW EXECUTIVE DIRECTOR AND TREASURER OF ITS GOVERNING BODY BEFORE FILING THIS RETURN. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE 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 19 | THE ORGANIZATION MAKES ALL GOVERNING DOCUMENTS, INCLUDING IT'S CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS, AVAILABLE FOR PUBLIC INSPECTION. |
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