Fne International Inc
- Assets
- $187.6k
- Revenue
- $374.0k
- Investments
- $0.0
- Employees
- 1
- Location
- East Weymouth, MA
- Founding
- 05/2015
- Data as of
- 12/2021
- EIN
- 27-1792140
Organization Overview
Fne International Inc is located in East Weymouth, MA. The organization was established in 2015. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fne International Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Fne International Inc generated $374.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.0% each year . All expenses for the organization totaled $329.8k during the year ending 12/2021. While expenses have increased by 7.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
FNEI PROMOTES EDUCATION AND SUSTAINABLE DEVELOPMENT PROJECTS WORLD-WIDE. WITH A HAND-IN-HAND PHILOSOPHY, FNEI WORKS WITH IMPOVERISHED COMMUNITIES TO IDENTIFY PRESSING NEEDS, NETWORKS WITH LOCAL AND INTERNATIONAL ORGANIZATIONS, FACILITATES COLLABORATION, AND EMPOWERS INDIVIDUALS TO ACTIVELY PARTICIPATE WITHIN THEIR COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FNEI BRINGS TOGETHER THE LONGSTANDING WORK OF MICHAEL CIPOLETTI AND FSF60K IN NICARAGUA TO CULTIVATE EDUCATION AND SUSTAINABLE DEVELOPMENT PROJECTS IN NICARAGUA, THE DOMINICAN REPUBLIC, AND PERU. IN ADDITION TO WORK ABROAD, FNEI OFFERS TO GIVE PRESENTATIONS THROUGHOUT THE UNITED STATES TO RAISE AWARENESS ABOUT POVERTY ISSUES IN THE DEVELOPING WORLD. FNEI PRESENTS TO SCHOOLS, CIVIC AND COMMUNITY GROUPS AS WELL AS FAITH-BASED ORGANIZATIONS ABOUT ITS WORK.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Cipoletti Executive Director | Officer | 25 | $31,500 |
Katie Rostron Quinlan Treasurer | OfficerTrustee | 5 | $0 |
Veronica Gonzalez President | OfficerTrustee | 5 | $0 |
Travis Kumph Board Member | Trustee | 5 | $0 |
Kelvin Ramirez Former Board Member | Trustee | 5 | $0 |
Nahirobi Peguero Board Member | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $359,367 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $359,367 |
| Total Program Service Revenue | $12,906 |
| Investment income | $7 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $373,982 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $189,383 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $31,500 |
| Compensation of current officers, directors, key employees. | $6,300 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $66,452 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $1,814 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $4,668 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $25,820 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,125 |
| All other expenses | $0 |
| Total functional expenses | $329,762 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $187,596 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $187,596 |
| Accounts payable and accrued expenses | $14,900 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $40,300 |
| Other liabilities | $0 |
| Total liabilities | $55,200 |
| Net assets without donor restrictions | $80,950 |
| Net assets with donor restrictions | $51,446 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $187,596 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Fne International Inc has recieved totaling $134,798.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $27,149 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $27,149 |
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $25,000 |
Tiaa Charitable Inc Charlotte, NC PURPOSE: Annual Suuport | $22,500 |
Tiaa Charitable Inc Charlotte, NC PURPOSE: Annual Suuport | $22,500 |
Schwab Charitable Fund San Francisco, CA PURPOSE: INTERNATIONAL, FOREIGN AFFAIRS | $10,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Plan International Usa Inc Providence, RI | $63,915,139 | $61,455,293 |
Nuday Windham, NH | $493,517 | $32,697,224 |
Abrahams Blessing Albany, NY | $1,941,159 | $28,861,670 |
Planet Aid Inc Milford, MA | $17,464,781 | $29,818,126 |
Hope Of Life International Cranston, RI | $4,219,588 | $25,673,993 |
Wateraid America Inc New York, NY | $16,422,746 | $24,856,015 |
Tov Vchesed Foundation Inc Monsey, NY | $610,324 | $14,594,457 |
Kolel Shomre Hachomos Of Jerusalem Inc Brooklyn, NY | $8,417,391 | $12,158,295 |
We Charity Williamsville, NY | $15,990,436 | $8,510,977 |
Grassroots International Inc Boston, MA | $13,759,969 | $12,517,391 |
Afsnc Inc New York, NY | $3,029,853 | $9,756,195 |
Alima Usa Inc New York, NY | $6,341,096 | $6,115,397 |