Our mission is to serve the poor through sustainable community development via micro-lending and child-aid programs by working through established local organizations in some of the most impoverished communities of the developing world.

501(c)(3) charity; gifts are tax-deductible.
96¢ of each $1 spent went to programs.
$14K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2019 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 7
filings with a surplus
Average deficit $4K a year · 3% of revenue · last 7 filings
Concern: a surplus in 3 of the last 7 filings.
Pt I · Ln 19 · 7 filings
Spent on programs
96%
of spending
Looks good: 96% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$14K
to officers and key staff · 9% of spending
Looks good: pay to officers and key staff is 9% of spending; 15% or less.
Pt VII · Sec A
3 mo
of spending, in cash
Fine: 2.6 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $337K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$141K
Spent
$154K
To programs
96%
Net assets
$45K
By yearFY2019–FY2025
Revenue
$141K
FY2019
Tap a bar for its year
Revenue by fiscal year
FY2019$141K
FY2020$149K
FY2021$148K
FY2022$74K
FY2023$87K
FY2024$170K
FY2025$131K
Expenses
$154K
FY2019
Tap a bar for its year
Expenses by fiscal year
FY2019$154K
FY2020$121K
FY2021$132K
FY2022$99K
FY2023$112K
FY2024$184K
FY2025$124K
Net assets
$45K
FY2019
Tap a bar for its year
Net assets by fiscal year
FY2019$45K
FY2020$74K
FY2021$90K
FY2022$69K
FY2023$41K
FY2024$29K
FY2025$36K

From the FY2019 Form 990 · see the original

990 PDF Claim
You’re viewing the FY2019 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Oct 2013.

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

Where the money goes

96 cents of each dollar spent went to programs.

Program services 96% · $148K Management & general 4% · $6K

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

6 people listed on the 990; $14K paid to officers and key staff.

Part VII, Section A · reportable compensation
Communications Director
$7,200Pt VII · Sec A
Accountant
$6,368Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Executive Director
$0Pt VII · Sec A
Secretary - Treasurer
$0Pt VII · Sec A

Ronald Hockley’s $11K as Executive Director is at the 5th percentile of top reported officer pay among 2168 $100K–1M human services 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 · 4 named individuals · Part VII

NameFY2025FY2022FY2021FY2019
Ronald Hockley$10,980———
Cheryl Nemazie———$7,200
Stacey Becker——$6,772$6,368
Amanda Matlin—$2,453——

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.

See Neo Fund 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 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Empowers impoverished communities globally through micro-loans and child aid.

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Provided by the organization

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3 programs · $148K · in their own filed words · FY2019
01

Neo Dicaragua gives small micro loans to equip the impverished people.

$73Kprogram expense
02

Other program services.

$49Kprogram expense
03

We have continued to support the health clinic in Andhra Pradesh called KISES. This provides a regional base to launch much needed health care initiatives and a micro-lending program to serve approximately 30,000 impoverished people in 30 villages.

$26Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$337K

By the numbers

The FY2019 990, line by line.

1The main four
Money inPt VIII
$141K
Ln 12
Gifts and grantsLn 1h$141K
Money outPt IX
$154K
Ln 25
Programscol B$148K
Managementcol C$6K
Owns and owesPt X
$45K
net assets · Ln 32
Cash and savingsLn 1–2$33K
Total assetsLn 16$45K
LiabilitiesLn 26$0
PeoplePt VI, VII
6
listed · VII A
PaidVII A2
Voting boardVI 1a0
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$141K
Noncash giftsLn 1g$4K
Total revenueLn 12$141K
Assets in detailPt X, end of year
CashLn 1$33K
Cash and savings togetherLn 1–2$33K
InvestmentsLn 11–13$4K
Total assetsLn 16$45K
LiabilitiesLn 26$0
Net assetsLn 32$45K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY19End FY19
Cash and savingsLn 1–2$52K$33K
InvestmentsLn 11–13$4K
Total assetsLn 16$58K$45K
LiabilitiesLn 26$0$0
Net assetsLn 32$58K$45K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants and assistance to foreign recipientsLn 3$90K$90K
Pay of current officers, directors and key staffLn 5$14K$14K
Advertising and promotionLn 12$3K$3K
Office expensesLn 13$3K$3K
TravelLn 17$26K$23K$3K
Conferences, conventions and meetingsLn 19$4K$4K
Other expenses (24a–d)Ln 24$15K$15K
Total functional expensesLn 25$154K$148K$6K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $131K$124K$7K$36K 990 PDF
FY2024 $170K$184K−$14K$29K 990 PDF
FY2023 $87K$112K−$25K$41K 990 PDF
FY2022 $74K$99K−$25K$69K 990 PDF
FY2021 $148K$132K$16K$90K 990 PDF
FY2020 $149K$121K$29K$74K 990 PDF
FY2019 Viewing $141K$154K−$13K$45K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support F · Foreign O · Explanations
See the full FY2019 990 (6 parts)
Part I · Summary $140,863 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $140,863$140,863
I-9 Program service revenue$0
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenuePrior year $140,863$140,863
I-13 Grants and similar amounts paidPrior year $89,543$89,543
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $13,748$13,748
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $50,214$50,214
I-18 Total expensesPrior year $153,505$153,505
I-19 Revenue less expensesPrior year −$12,642−$12,642
Part VI · Governance 3 to look at
VI-1a Voting members of the governing body0
VI-1b Independent voting members0
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $140,863 across 4 lines filed
VIII-1f All other contributions, gifts and grants$140,863
VIII-1g Noncash contributions (included above)$4,056
VIII-1h Total contributions, gifts and grants$140,863
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$140,863
Part IX · Statement of functional expenses $153,505 across 7 lines filed
IX-3 Grants and assistance to foreign recipientsPrograms $89,543$89,543
IX-5 Pay of current officers, directors and key staffPrograms $13,748$13,748
IX-12 Advertising and promotionPrograms $2,932$2,932
IX-13 Office expensesManagement $2,990$2,990
IX-17 TravelPrograms $22,934 · Management $2,774$25,708
IX-19 Conferences, conventions and meetingsPrograms $3,860$3,860
IX-24 Other expenses (24a–d)Programs $14,724$14,724
IX-25 Total functional expensesPrograms $147,741 · Management $5,764 · Fundraising $0$153,505
Part X · Balance sheet $45,051 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $52,162$32,727
X-4 Accounts receivableStart of year $5,531$8,267
X-11 Publicly traded securities$4,057
X-16 Total assetsStart of year $57,693$45,051
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year −$7,648−$23,262
X-28 Net assets with donor restrictionsStart of year $65,341$68,313
X-32 Total net assets or fund balancesStart of year $57,693$45,051
X-33 Total liabilities and net assetsStart of year $57,693$45,051
Part XI · Reconciliation of net assets $45,051 net assets at year end
XI-1 Total revenue$140,863
XI-2 Total expenses$153,505
XI-3 Revenue less expenses−$12,642
XI-4 Net assets at start of year$57,693
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$45,051

Form 990 e-file (XML) FY2019 from the IRS · Classification, formation year and address from the IRS Business Master File

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