Ce12 Foundation EIN 45-4846018

Ce12 Foundation

EIN  45-4846018 Public charity (501(c)(3)) Darien, CT Founded 2012
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Size
$100K–1M
What they do
Educates and trains Cuban entrepreneurs, offering advisory services to businesses.
Leadership
Rosamaria Caballero Stafford · Executive Director · $87K
Money in and out
$511K revenue, $830K expenses
Bottom line
85% program efficiency

Educates and trains Cuban entrepreneurs, offering advisory services to businesses. For fiscal year 2025 it reported $511K in revenue, $830K in expenses, and $726K in net assets.Pt I

Where the money goes · FY2025
Total revenue
$511K
Pt VIII · Ln 12
Total expenses
$830K
Pt IX · Ln 25
Net assets
$726K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$318K
Where spending went · Part IX cols B–D
Program services $0.85 Management & general $0.15
Program efficiency
85%
of spending reaches programs▼ -13% vs prior filing year
Operating runway
10.5mo
months of highly liquid reserves at operating expense rate▼ -56% vs prior filing year
Surplus margin
-62%
revenue over expenses, this year▼ -240% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$511K
FY2025▼ -47%
Expenses
$830K
FY2025▲ +54%
Total assets
$726K
FY2025▼ -30%
Total liabilities
$0
FY2025
Total revenue
$511K
Pt VIII · Ln 12
Total expenses
$830K
Pt IX · Ln 25
Net assets
$726K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$318K
Total assetsPt X · Ln 16$726K
Program-expense ratioPt IX · col B85%
Voting members of governing bodyPt I · Ln 319
Independent voting membersPt I · Ln 419
Mission & Programs · Part III

Where the work happens

2 program services account for $708K of program spending, described in the organization's own filed words · FY2025.
01

To support the small business sector in cuba by providing education and training to entrepreneurs, as well as to provide advisory services to existing and new businesses. In 2025, the organization provided grants totaling approximately $388,000 in cash to proyecto cuba emprende.

$534Kprogram expense
02

Cfei this is one of the first project-based grants being overseen by the foundation in collaboration with our team on the ground in cuba. The grant supports the development of a dried fruit export production platform, including assistance for a network of fruit growers, a transportation and logistics cooperative, and a dried fruit…

$174Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCe12 Foundation
EINHdr · item D45-4846018
Principal addressHdr · item CDarien, CT
WebsiteHdr · item Jwww.cubaemprendefoundation.org
Year of formationHdr · item L2012
State of legal domicileHdr · item MCT
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFCommunity Development (S30)
Ruling yearIRS BMFMay 2013

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a19
Independent voting membersPt VI · Ln 1b19
Conflict-of-interest policyPt VI · Ln 12aNo
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
$87,000Pt 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
$0Pt VII · Sec A

Rosamaria Caballero Stafford’s $87K as Executive Director is at the 63rd percentile of top reported officer pay among 1711 $100K–1M community development 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 · 2 named individuals · Part VII

NameFY2025FY2024FY2023
Rosamaria Caballero Stafford$87,000$67,250
Rosamaria Caballero$77,708

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 & grants$489K · 96%
Investment income$23K · 4%
Contributions & grants96%$489K
Investment income4%$23K
Total revenueLn 12$511K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.85 Management & general $0.15
Program services85%$708K
Management & general15%$122K
Total functional expensesLn 25$830K

Balance Sheet

Part X · end of year
CashLn 1$726K
Total assetsLn 16$726K
Total liabilitiesLn 26$0
Total net assetsLn 32$726K
Months of cash on handcomputed10.5

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $726K · Operating expenses/yr $830K
10.5 months
Where the money goes
Program services
Program services $708K · Total expenses $830K
85%
Management & General
Management & general $122K · Total expenses $830K
15%
Fundraising
Fundraising $0 · Total expenses $830K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $623K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $489K · Total revenue $511K
96%
Government reliance
Government grants — · Total revenue $511K
Earned-income share
Program service revenue $0 · Total revenue $511K
0%
Investment reliance
Investment income $23K · Total revenue $511K
+4%
Program self-sufficiency
Program service revenue $0 · Total expenses $830K
0%
Growth & trend
Revenue growth (YoY)
This year $511K · Prior year $970K
-47%
Revenue CAGR
FY2020 $231K · FY2025 $511K
+17%
Net-asset trend (YoY)
End of year $726K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $511K · Expenses $830K
-62%
Liabilities-to-Assets
Total liabilities — · Total assets $726K
Net-asset ratio
Net assets $726K · Total assets $726K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $726K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Rosamaria Caballero Stafford · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $87K · Total expenses $830K
10%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $95K · Total expenses $830K
11%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 85%
Overhead ratio 15%
Revenue growth -47%

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
Total grants receivedfrom 3 funders$409K
See all 3 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
FY2025 (Latest)$511K revenue · viewing · ⤓ 990 PDF
FY2024$970K revenue · ⤓ 990 PDF
FY2023$601K revenue · ⤓ 990 PDF
FY2022$648K revenue · ⤓ 990 PDF
FY2021$491K revenue · ⤓ 990 PDF
FY2020$231K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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