Rayo De Sol INC
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Improves health, education, and nutrition for vulnerable people in Nicaragua. For fiscal year 2024 it reported $918K in revenue, $726K in expenses, and $1.2M in net assets.Pt I
Summary of the Filing
Where the work happens
Rayo de Sol implements health, education, nutrition and community development programs in vulnerable communities in Matagalpa, Nicaragua. Most notably, program services are provided for more than 5,200 preschool and primary students, which has helped to improve retention and promotion rates.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Peter Douglas Schaller’s $57K as Executive Director is at the 52nd percentile of top reported officer pay among 1637 $100K–1M international nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 5 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Peter Douglas Schaller | $56,750 | $48,750 | $43,750 | $42,667 | $41,500 |
| Leslie Long | $46,296 | $46,242 | $5,752 | — | — |
| Scott Finlayson | — | — | $75 | $200 | $43,548 |
| Katharine Powell | — | — | $15,320 | $24,370 | $6,235 |
| Ashley Glover | — | — | — | — | $8,000 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 85% | — | — |
| Overhead ratio | 7% | — | — |
| Fundraising cost ratio | 6% | — | — |
| Revenue growth | 17% | — | — |
| Investment management fee ratio | 0% | — | — |
| Legal fee ratio | 0% | — | — |
| Accounting fee ratio | 0% | — | — |
| Fundraising fee ratio | 4% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
Grants
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Filings & Schedule Manifest
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Sources
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