Cuban American Friendship Society Inc
- Assets
- $29.0k
- Revenue
- $491.6k
- Investments
- $0.0
- Employees
- 5
- Location
- Burlington, VT
- Founding
- 10/2015
- Data as of
- 12/2016
- EIN
- 47-3060960
Organization Overview
Cuban American Friendship Society Inc is located in Burlington, VT. The organization was established in 2015. According to its NTEE Classification (Q20) the organization is classified as: Promotion of International Understanding, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2016, Cuban American Friendship Society Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cuban American Friendship Society 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 12/2016, Cuban American Friendship Society Inc generated $491.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (14.4%) each year. All expenses for the organization totaled $886.5k during the year ending 12/2016. 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
2016
Describe the Organization's Mission:
Part 3 - Line 1
THE CUBAN AMERICAN FRIENDSHIP SOCIETY'S MISSION IS TO BUILD COMMUNITY BY FOSTERING CONNECTIONS BETWEEN THE PEOPLE OF CUBA AND THE UNITED STATES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TENNIS PROGRAM: CONDUCTED TENNIS TRIPS IN FURTHERANCE OF CIVIL ENGAGEMENT WITH THE CUBAN PEOPLE BY MEANS OF A TENNIS COURT CONSTRUCTION PROJECT AT THE FEDERATION OF TENNIS.
TRIPS PROGRAM: CONDUCTED A PEOPLE TO PEOPLE EXCHANGE CONTINUING LEGAL EDUCATION LAWYERS TRIP TO CUBA TO LEARN ABOUT THE CUBAN LEGAL SYSTEM AND ENGAGE WITH CUBAN LAWYERS, STUDENTS AND PROFESSORS ABOUT VARIOUS LEGAL TOPICS. CONDUCTED A PEOPLE TO PEOPLE MEDICAL ARCHITECTS TRIP TO CUBA TO LEARN ABOUT THE CUBAN APPROACH TO DESIGNING MEDICAL FACILITIES IN CUBA AND ENGAGE WITH CUBAN MEDICAL PERSONNEL AND ARCHITECTS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jared Carter Executive Dir. | OfficerTrustee | 15 | $27,833 |
N Kurt Mehta Co-Director | Trustee | 15 | $24,100 |
Armando Villaseca President | OfficerTrustee | 3 | $1,500 |
James Court Vice President | OfficerTrustee | 3 | $1,400 |
Sandra Baird Sec/treasurer | OfficerTrustee | 3 | $0 |
Peter Curtis Asst. VP | OfficerTrustee | 3 | $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 | $221,850 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $221,850 |
| Total Program Service Revenue | $269,672 |
| Investment income | $114 |
| 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 | $491,636 |
| 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 | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $54,833 |
| Compensation of current officers, directors, key employees. | $9,583 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,920 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $4,341 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,549 |
| Fees for services: Accounting | $1,910 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $22,109 |
| Advertising and promotion | $60 |
| Office expenses | $742 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $450 |
| Travel | $286,392 |
| 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 | $3,480 |
| All other expenses | $658 |
| Total functional expenses | $886,500 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $29,027 |
| 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 | $29,027 |
| Accounts payable and accrued expenses | $20,955 |
| 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 | $0 |
| Other liabilities | $594 |
| Total liabilities | $21,549 |
| Unrestricted restricted net Assets | $0 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $7,478 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Cuban American Friendship Society Inc has recieved totaling $110,000.
| Awarding Organization | Amount |
|---|---|
Stiller Family Foundation West Palm Beach, FL PURPOSE: CHARITY | $75,000 |
Vermont Community Foundation Middlebury, VT PURPOSE: GEN. SUPPORT | $25,000 |
Leonard C & Mildred F Ferguson Foundation Canton, OH PURPOSE: THE CUBA TENNIS PROJECT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Asia Society New York, NY | $142,731,939 | $32,268,981 |
Alliance For Open Society International Inc New York, NY | $43,304,993 | $33,954,105 |
Harvard-Yenching Institute Cambridge, MA | $357,386,063 | $5,038,189 |
Idealistorg Inc New York, NY | $8,884,686 | $10,106,263 |
Americas Society Inc New York, NY | $65,186,397 | $5,307,206 |
China Institute In America Incorporated New York, NY | $39,618,019 | $6,570,371 |
American-Scandinavian Foundation New York, NY | $56,118,805 | $3,574,288 |
Peaceworks Network Foundation New York, NY | $9,232,893 | $2,717,484 |
Auschwitz Instut For The Prevention Of Genocide And Mass Atrocities New York, NY | $427,684 | $2,862,009 |
Korea Society New York, NY | $30,574,587 | $3,688,770 |
Netherland-America Foundation Incorporated New York, NY | $8,725,622 | $2,894,571 |
Voices Project Usa Inc New York, NY | $1,073,630 | $1,592,705 |