Nicaraguan Development And Relief Foundation Corp is located in Miami, FL. The organization was established in 2020. According to its NTEE Classification (Q12) the organization is classified as: Fund Raising & Fund Distribution, 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. Nicaraguan Development And Relief Foundation Corp 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 12/2020, Nicaraguan Development And Relief Foundation Corp generated $56.8k in total revenue. All expenses for the organization totaled $56.5k during the year ending 12/2020. While expenses have increased by 616.9% per year over the past 2 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3
NO ACTIVITY
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Donal Pernudi President | 20 | $0 | |
Socrates Castrillo Secretary | 20 | $0 | |
Armando J Salazar Vice President | 20 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $56,809 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $56,809 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $4,200 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $4,935 |
Total expenses | $56,535 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $273 |
Other assets | $0 |
Total assets | $273 |
Total liabilities | $0 |
Net assets or fund balances | $273 |
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