Sucede Inc is located in Key Biscayne, FL. The organization was established in 2003. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sucede 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, Sucede Inc generated $909.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 28.7% each year . All expenses for the organization totaled $907.5k during the year ending 12/2021. While expenses have increased by 30.4% 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
TO PROMOTE AND FACILITATE SOCIAL INVESTMENT TO LATIN AMERICA, ESPECIALLY TO SOUTH AMERICAN COUNTRIES, IN ORDER TO SUPPORT TEH REGION'S SUSTAINABLE DEVELOPMENT. WE MOBILIZE FUNDS TO FINANCE RESULT-ORIENTED PROJECTS THAT CAN PRODUCE POSITIVE SOCIAL CHANGE FOR POOR AND EXCLUDED INDIVIDUALS AND THEIR COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE INITIATIVES SUCEDE, INC. SUPPORTED DURING 2019 WERE THE FOLLOWING: ANIA JIRN 2 DE MAYO 273 BARRANCO, LIMA, PER THE ASSOCIATION FOR CHILDREN AND THE ENVIRONMENT (ANIA) IS A LEADING LATIN AMERICAN ORGANIZATION THAT PROMOTES SOCIALLY RESPONSIBLE VALUES AND PRACTICES AMONG CHILDREN. ANIA DEVELOPS INITIATIVES THAT FAVOR THE ACTIVE INVOLVEMENT OF BOYS AND GIRLS IN THE IMPROVEMENT OF THEIR ENVIRONMENT THROUGH A PARTICIPATORY AND INCLUSIVE METHODOLOGY BASED ON MOTIVATION, CREATION OF SAFE AND HEALTHY SPACES, ORIENTATION AND ACKNOWLEDGEMENT. IN 2019, SUCEDE FACILITATED DONATIONS FOR SUPPORT ANIAS MAIN PROGRAM "EL CAMPO DE LOS NIOS". FUNDACION NINOS DEL ARCOIRIS CA. QQUEROCANCHA S/N URUBAMBA CUSCO , PERU FUNDACIN NIOS DEL ARCOIRIS PROVIDES VULNERABLE CHILDREN OF THE REGION OF URUBAMBA, IN CUSCO, PER, WITH QUALITY EDUCATION, MEDICAL CARE AND HOUSING. TO THAT AIM, THE ORGANIZATION OPERATES A PRIMARY SCHOOL SERVING 100 CHILDREN AGES 6-11; OFFERS VOCATIONAL EDUCATION IN INFORMATION TECHNOLOGY, HOSPITALITY AND CATERING, AND ENGLISH; A MEDICAL DENTAL CLINIC; A DAY CARE CENTER AND A FAMILY HOME. IN 2019, SUCEDE SUPPORTED THE IMPLEMENTATION OF CLASSROOMS FOR CHILDREN OF FAITH AND SIX GRADE. RED DE CORAZONES AV. JAVIER PRADO ESTE 3580, SAN BORJA, LIMA, PERU SUCEDE SUPPORTED THE IMPLEMENTATION OF LIBRARIES IN THE REGION OF SUCRE, AYACUCHO, WHERE SCHOOLS LACK THE NECESSARY RESOURCES TO PROMOTE READING AMONG THEIR STUDENTS. THANKS TO AWARENESS CAMPAIGNS CARRIED OUT IN THE CITY OF LIMA ABOUT THE GREATEST EDUCATIONAL NEEDS IN AYACUCHO, THIS INITIATIVE HAS ALLOWED MORE THAN 70,000 BOOKS TO BE DELIVERED IN IMPOVERISHED AND ISOLATED COMMUNITIES. MUSEO DE ARTE DE LIMA (MALI) PASEO COLN 125 LIMA 1, PER MUSEO DE ARTE DE LIMA - MALI IS A NON-PROFIT CULTURAL ORGANIZATION DEVOTED TO THE PROMOTION OF THE VISUAL ARTS IN PER. IT HOUSES A REPRESENTATIVE COLLECTION OF PERUVIAN ART, WHICH WITNESSES SEVERAL CENTURIES OF CULTURAL TRANSFORMATION, INCLUDING PRE-COLUMBIAN AND COLONIAL OBJECTS, AS WELL AS REPUBLICAN AND CONTEMPORARY WORKS. MALI RECEIVES MORE THAN 10,000 STUDENTS EACH YEAR, GIVING ACCESS TO INSPIRING AND REFLEXIVE CULTURAL EXPERIENCES THAT TEACH ABOUT IDENTITY AND HERITAGE, ALLOWING STUDENTS TO REFLECT ALSO ABOUT THEIR FUTURE. THE PROMOTION OF ARTS AND CULTURE IS ESSENTIAL TO EVERY STUDENT'S INTEGRAL EDUCATION, SINCE THEY ARE KEY ELEMENTS FOR SHAPING IDENTITY AND A FUNDAMENTAL BASIS FOR THE DEVELOPMENT OF THE COUNTRY. CREA MAS PERU CALLE LAS TORDILLAS 119, SAN ISIDRO LIMA 27, PERU CREA+ IS A NON-PROFIT ORGANIZATION THAT AIMS AT TRANSFORMING SOCIETY THROUGH A PERSONAL TRANSFORMATION EXPERIENCES OFFERED THROUGH VOLUNTEERING PROGRAMS ADDRESSED TO YOUNG PEOPLE. THESE PROGRAMS OFFER FREE CLASSES TO PERUVIAN VULNERABLE CHILDREN, HELPING THEM DISCOVER AND DEVELOP NEW TALENTS AND PROFESSIONS THAT NEVER HAD THE OPPORTUNITY TO LEARN. IN 10 YEARS, CREA+ RECRUITED 10,000 VOLUNTEERS WHO HAVE TAUGHT 30,000 CLASSES TO 25,000 KIDS. ASOCIACION SOL Y LUNA FUNDO HUINCHO LT. A-5 URUBAMBA, CUSCO, PERU THE SOL Y LUNA SCHOOL WORKS FOR THE EDUCATION AND INCLUSION OF THE MOST VULNERABLE CHILDREN OF URUBAMBA AND THE SURROUNDING COMMUNITIES. AS OF TODAY, THE PROJECT HAS ALMOST 200 STUDENTS FROM 20 DIFFERENT COMMUNITIES. AMONG THE SERVICES WE PROVIDE ARE EDUCATION, TRANSPORTATION, SNACKS AND LUNCH, CREATIVE WORKSHOPS, PSYCHOLOGICAL SUPPORT, SCHOOL FOR PARENTS, INTEGRATION TRIPS, INTENSIVE ENGLISH PROGRAM, AND QUECHUA CLASSES. ASOCIACIN SOL Y LUNA ALSO RUNS THE "PAGARI CENTER" FOR CHILDREN WITH DIFFERENT ABILITIES AND A SHELTER, "SOL Y LUNA HOME", WHICH PROVIDES A PERMANENT HOME FOR THOSE CHILDREN WHO ARE ABANDONED OR ARE VICTIMS OF DOMESTIC VIOLENCE. FUNDACION OLI CALLE LOS ALAMOS 595 SAN ISIDRO, LIMA, PERU IN 2021 SUCEDE SUPPORTED THE PROJECT "LIBROS PARA CREAR OPORTUNIDADES", AN EDUCATIONAL INITIATIVE THAT AIMS TO PROMOTE LITERACY OPPORTUNITIES FOR CHILDREN OF DISADVANTAGED COMMUNITIES IN THE REGION AYACUCHO, PER.
DEPRECIATION EXPENSE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Carlos E Landazabal Director | Trustee | $0 | |
Carolina Llosa Exctve Direc | Trustee | $0 | |
Julio C Noriega Director | Trustee | $0 | |
Carolina Raaijen Director | Trustee | $0 | |
Fatima DE Romana Director | Trustee | $0 |
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 | $909,424 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $909,424 |
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 | $909,424 |
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 | $873,754 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $1,000 |
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 | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $18,027 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $2,544 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $2,050 |
Insurance | $0 |
All other expenses | $607 |
Total functional expenses | $907,493 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $11,825 |
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 | $11,825 |
Accounts payable and accrued expenses | $0 |
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 | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $11,825 |
Net assets with donor restrictions | $0 |
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 | $11,825 |
Over the last fiscal year, we have identified 4 grants that Sucede Inc has recieved totaling $1,085,310.
Awarding Organization | Amount |
---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $1,053,297 |
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $22,513 |
Foundation For Appalachian Ohio Nelsonville, OH PURPOSE: GENERAL SUPPORT | $8,500 |
Jp Morgan Chase Foundation New York, NY PURPOSE: GENERAL OPERATING SUPPORT | $1,000 |
Organization Name | Assets | Revenue |
---|---|---|
The Miami Foundation Inc Miami, FL | $460,864,709 | $147,324,669 |
Ninth District Opportunity Inc Gainesville, GA | $20,597,568 | $53,356,026 |
Jupiter Medical Center Foundation Inc Jupiter, FL | $160,882,045 | $61,479,471 |
Nema Foundation Inc Tallulah Falls, GA | $40,863,488 | $61,480,995 |
Trustbridge Global Foundation Usa Inc Clearwater, FL | $68,735,703 | $42,627,282 |
Blue Cross And Blue Shield Of Florida Foundation Inc Jacksonville, FL | $500,668,406 | $165,069,947 |
University Of South Florida Institute Of Applied Engineering I Tampa, FL | $5,205,656 | $9,587,469 |
The Legacy Foundation At Shell Point Inc Fort Myers, FL | $5,518,203 | $5,863,574 |
East Lake Foundation Inc Atlanta, GA | $69,998,744 | $30,410,500 |
Scintilla Charter Academy Inc Valdosta, GA | $15,718,556 | $7,823,461 |
Tampa-Orlando-Pinellas Jewish Foundation Inc Tampa, FL | $66,534,235 | $10,949,791 |
Wellstar Foundation Inc Marietta, GA | $30,643,336 | $9,116,090 |