Nicaphoto EIN 45-2964149

Nicaphoto FY2020 filing

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Empowers disadvantaged children and families in Nicaragua's poorest barrios to break the cycle of poverty. For fiscal year 2020 it reported $147K in revenue, $145K in expenses, and $323K in net assets.Pt I

Type
Public charity (501(c)(3)) · Education
Location
Norwalk, CT
Website
www.nicaphoto.org
Filings
5 on file (2020–2020)
Revenue
$147KFY2020
Expenses
$145K
Net assets
$323K
People
8
Filings
5
Updates
0
More identity details & actions ⌄
EIN  45-2964149 Public charity (501(c)(3)) Norwalk, CT
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Empowers disadvantaged children and families in Nicaragua's poorest barrios to break the cycle of poverty.
Leadership
Ronnie Ellen Maher · President · $26K
Money in and out
$147K revenue, $145K expenses
Bottom line
76% program efficiency
Where the money goes · FY2020
Total revenue
$147K
Pt VIII · Ln 12
Total expenses
$145K
Pt IX · Ln 25
Net assets
$323K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $2K
Where spending went · Part IX cols B–D
Program services $0.76 Management & general $0.13 Fundraising $0.11
Program efficiency
76%
of spending reaches programs
Operating runway
7.5mo
months of highly liquid reserves at operating expense rate
Surplus margin
+2%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$147K
FY2020
Expenses
$145K
FY2020
Total assets
$323K
FY2020
Total liabilities
$0
FY2020
Total revenue
$147K
Pt VIII · Ln 12
Total expenses
$145K
Pt IX · Ln 25
Net assets
$323K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$2K
Total assetsPt X · Ln 16$323K
Program-expense ratioPt IX · col B76%
Voting members of governing bodyPt I · Ln 38
Independent voting membersPt I · Ln 47
Mission & Programs · Part III

Where the work happens

2 program services account for $111K of program spending, described in the organization's own filed words · FY2020.
01

Nicaphoto's after school program serves 95 children and young people living in some of the poorest barrios in nicaragua. The goal of the program is to provide the proper supports to increase school gradutation rates. The program is holistic in nature and focused on education, art, and personal development.

$96Kprogram expense
02

Scholarships are provided for public school, private school and university students. Scholarships are based on need and are given to make education accessible to even the most disadvantaged children and young people. In 2020 scholarships were given to 13 university students and 3 high school students.

$14Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CNicaphoto
EINHdr · item D45-2964149
Principal addressHdr · item CNorwalk, CT
WebsiteHdr · item Jwww.nicaphoto.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCT
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B90)
Ruling yearIRS BMFMar 2012

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a8
Independent voting membersPt VI · Ln 1b7
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$26,000Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Ronnie Ellen Maher’s $26K as President is at the 19th percentile of top reported officer pay among 1616 $100K–1M education 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 · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Ronnie Ellen Maher$26,000$26,000$26,000$26,000$26,000

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

Part VIII
Contributions & grants100%$147K
Investment income$369
Total revenueLn 12$147K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.76 Management & general $0.13 Fundraising $0.11
Program services76%$111K
Management & general13%$19K
Fundraising11%$16K
Total functional expensesLn 25$145K

Balance Sheet

Part X · end of year
CashLn 1$91K
Total assetsLn 16$323K
Total liabilitiesLn 26$0
Total net assetsLn 32$323K
Months of cash on handcomputed7.5

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $91K · Operating expenses/yr $145K
7.5 months
Where the money goes
Program services
Program services $111K · Total expenses $145K
76%
Management & General
Management & general $19K · Total expenses $145K
13%
Fundraising
Fundraising $16K · Total expenses $145K
11%
Cost to raise $1
Fundraising expense $16K · Solicited contributions $147K
$0.11 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $147K · Total revenue $147K
100%
Government reliance
Government grants — · Total revenue $147K
Earned-income share
Program service revenue $0 · Total revenue $147K
0%
Investment reliance
Investment income $369 · Total revenue $147K
+0.3%
Program self-sufficiency
Program service revenue $0 · Total expenses $145K
0%
Growth & trend
Revenue growth (YoY)
This year $147K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $323K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $147K · Expenses $145K
+2%
Liabilities-to-Assets
Total liabilities — · Total assets $323K
Net-asset ratio
Net assets $323K · Total assets $323K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $323K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Ronnie Ellen Maher · Reported title PRESIDENT · Highest reported compensation $26K · Total expenses $145K
18%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $86K · Total expenses $145K
59%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 76%
Overhead ratio 13%
Fundraising cost ratio 11%
Legal fee ratio 1%

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

Schedule I · funders on record
Grants received · FY2024
See all 5 funders →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$206K revenue · ⤓ 990 PDF
FY2023$215K revenue · ⤓ 990 PDF
FY2022$183K revenue · ⤓ 990 PDF
FY2021$211K revenue · ⤓ 990 PDF
FY2020$147K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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