Fidelis Educational Net Inc

Organization Overview

Fidelis Educational Net Inc is located in Houston, TX. The organization was established in 2008. According to its NTEE Classification (Q30) the organization is classified as: International Development, 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. Fidelis Educational Net 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 12/2022, Fidelis Educational Net Inc generated $7.0m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.9% each year . All expenses for the organization totaled $154.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

SEE PART III AND ATTACHMENT 1

Describe the Organization's Program Activity:

Part 3 - Line 4a

ENTITY OWNS REAL ESTATE THAT HOUSES ELEMENTARY AND HIGH SCHOOLS AROUND MEXICO. THE REAL ESTATE IS OWNED BY MEXICAN ENTITIES WHICH ARE SUBSIDIARIES OF FOUR DISREGARDED COMPANIES: ATLANTIC COMMERCE COMPANY I, LLC, FOREST COMPANY, LLC, GENESIS COMPANY I, LLC, AND OPTIMUS COMPANY I, LLC. THESE DISREGARDED ENTITIES ARE REPORTED ON PART X AS PROGRAM INVESTMENTS. BY FUNDING THESE MEXICAN SUBSIDIARIES, FIDELIS EDUCATIONAL NET CARRIES ITS MISSION OF COMBATING RURAL AND URBAN POVERTY WITH EDUCATIONAL AND VOCATIONAL PROGRAMS. ORGANIZATION DID NOT HAVE PROGRAM ACTIVITIES DURING THIS YEAR.


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Board, Officers & Key Employees

Name (title)Compensation
Sylvester Heereman
President
$0
Eduardo Robles-Gil
Vice President
$0
Jesus Villagrasa
Vicepresident
$0
Jose Gerardo Cardenas
Treasurer
$0
Jaime Rodrfguez
Secretary
$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$6,974,877
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$6,974,877
Total Program Service Revenue$0
Investment income $0
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 $6,974,877

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