Aecos Global Charities

Fort Worth, TXUnknown exempt organizationEIN 30-0931722Revenue $24K in FY2022

On file with the IRSwaecosglobalcharities.org777 Main Street 600 · Fort Worth, TX

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Aecos Global Charities is organized to operate exclusively for charitable and educational purposes, with the primary purpose of improving the quality of ophthalmic care in underserved regions of the world. Aecos Global Charities seeks to support medical clinics that provide cataract surgery and other eye care services for underserved populations. The organization will first support clinics in honduras and el salvador with the possibility of extending to other countries throughout central america or elsewhere. Funds collected by Aecos Global Charities have been disbursed to this region where they are being utilized to establish eye care clinics.

74¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Programs: Part IX

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2022
latest Form 990
Worth a look: the latest return is for FY2022, 4 tax years back; more than 3 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 3
filings with a surplus
Average deficit $11K a year · 27% of revenue · last 3 filings
Fine: a surplus in 2 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
74%
of spending
Fine: 74% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Named funders
2
named funders · $5K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
total owed
No data yet: the filing does not give total assets.
Pt X · Ln 26
Independent board members
11
of 11 voting members
Looks good: 11 of 11 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$24K
-8% vs prior year
Spent
$113K
To programs
74%
Net assets
$0
By yearFY2020–FY2022
Revenue
$24K
FY2022▼ -8%
Tap a bar for its year
Revenue by fiscal year
FY2020$74K
FY2021$26K
FY2022$24K
Expenses
$113K
FY2022▲ ×11
Tap a bar for its year
Expenses by fiscal year
FY2020$35K
FY2021$10K
FY2022$113K
Net assets
$0
FY2022▼ -100%
Tap a bar for its year
Net assets by fiscal year
FY2020$75K
FY2021$91K
FY2022$0

From the FY2022 Form 990 · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2022.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

74 cents of each dollar spent went to programs.

Program services 74% · $84K Management & general 26% · $30K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

12 people listed on the 990.

Part VII, Section A · reportable compensation
Executive Director
$0Pt VII · Sec A
Chairman of the Board
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
See Aecos Global Charities executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Improves eye care and provides cataract surgery in underserved global regions.

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Provided by the organization

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3 programs · $84K · in their own filed words · FY2022
01

The organization is collaborating with the central american eye clinics (C.A.E.C) to evaluate the level of patient care locally in central america. A training program is being developed to improve the skill set of local surgeons vis-a-vis premium technologies and teach them to operate with a high degree of surgical efficiency.

$70Kprogram expense
02

Contributions to assist with CUREBLINDNESS.ORG

$10Kprogram expense
03

Contributions to assist with CHALLENGEASPEN.ORG

$4Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2022
Total grants receivedfrom 2 funders$5K
Grants paid · 2 grants · $88K · 2020–2022

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$24K
Ln 12
Gifts and grantsLn 1h$22K
Other incomeLn 4–11$2K
Money outPt IX
$113K
Ln 25
Programscol B$84K
Managementcol C$30K
Owns and owesPt X
$0
net assets · Ln 32
Total assetsLn 16$0
LiabilitiesLn 26$0
PeoplePt VI, VII
12
listed · VII A
PaidVII A0
Voting boardVI 1a11
IndependentVI 1b11
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$22K
Fundraising eventsLn 1c$12K
Other incomeLn 4–11$2K
Total revenueLn 12$24K
Assets in detailPt X, end of year
CashLn 1$0
SavingsLn 2$0
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$0
Total assetsLn 16$0
LiabilitiesLn 26$0
Net assetsLn 32$0
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$80K$0
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$96K$0
LiabilitiesLn 26$6K$0
Net assetsLn 32$91K$0
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$70K$70K
Legal feesLn 11b$2K$2K
Accounting feesLn 11c$10K$10K
Depreciation, depletion and amortizationLn 22$16K$16K
Other expenses (24a–d)Ln 24$14K$14K$809
Total functional expensesLn 25$113K$84K$30K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2022 Latest Viewing $24K$113K−$89K$0 990 PDF
FY2021 $26K$10K$16K$91K 990 PDF
FY2020 $74K$35K$40K$75K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (6 parts)
Part I · Summary $24,045 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $26,035$22,416
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $0$1,629
I-12 Total revenuePrior year $26,035$24,045
I-13 Grants and similar amounts paidPrior year $0$70,000
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $10,350$43,345
I-18 Total expensesPrior year $10,350$113,345
I-19 Revenue less expensesPrior year $15,685−$89,300
Part VI · Governance 11 of 11 board members independent, 2 to look at
VI-1a Voting members of the governing body11
VI-1b Independent voting members11
VI-2 Family or business relationship among officers or directorsYes
VI-15a Process for setting top official's payNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $24,045 across 5 lines filed
VIII-1c Fundraising events$12,042
VIII-1f All other contributions, gifts and grants$10,374
VIII-1h Total contributions, gifts and grants$22,416
VIII-8 Net income from fundraising eventsExcluded from tax $1,629$1,629
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $1,629$24,045
Part IX · Statement of functional expenses $113,345 across 5 lines filed
IX-1 Grants to domestic organizationsPrograms $70,000$70,000
IX-11b Legal feesManagement $2,136$2,136
IX-11c Accounting feesManagement $10,400$10,400
IX-22 Depreciation, depletion and amortizationManagement $16,372$16,372
IX-24 Other expenses (24a–d)Programs $13,628 · Management $809$14,437
IX-25 Total functional expensesPrograms $83,628 · Management $29,717 · Fundraising $0$113,345
Part X · Balance sheet $0 assets, 18 lines filed
X-1 Cash, non-interest-bearingStart of year $79,832$0
X-2 Savings and temporary cash investments$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivable$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, net$0
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assetsStart of year $16,372$0
X-15 Other assets$0
X-16 Total assetsStart of year $96,204$0
X-17 Accounts payable and accrued expensesStart of year $5,700$0
X-26 Total liabilitiesStart of year $5,700$0
X-27 Net assets without donor restrictionsStart of year $90,504$0
X-32 Total net assets or fund balancesStart of year $90,504$0
X-33 Total liabilities and net assetsStart of year $96,204$0
Part XI · Reconciliation of net assets $0 net assets at year end
XI-1 Total revenue$24,045
XI-2 Total expenses$113,345
XI-3 Revenue less expenses−$89,300
XI-4 Net assets at start of year$90,504
XI-9 Other changes in net assets−$1,204
XI-10 Net assets at end of year$0

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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