Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jul 2013.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
69 cents of each dollar spent went to programs.
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
13 people listed on the 990; $100K paid to officers and key staff.
Michelle Hnizda’s $120K as Executive Director is at the 89th percentile of top reported officer pay among 1636 $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 · 2 named individuals · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Michelle Riestra | — | — | — | $100,000 | $100,000 | $125,000 |
| Michelle Hnizda | $120,000 | $120,000 | $120,000 | — | — | — |
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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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 15aYes
Programs and updates
Alleviates poverty globally by creating income-generating opportunities through market-based solutions.
Questions for Codespa America
Your first name shows with your question. Codespa America answers here, for everyone.
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Promoting entrepreneurship, employment, community savings and credit groups to provide economic and capital opportunities to the families of huaral, per phase 2 total $1 million in the first phase of our project aimed at promoting entrepreneurship, employment, community savings, and credit in the vulnerable communities of huaral, we…
Contribution to the economic recovery of 200 families from the effects of pandemic lockdowns and the armed conflict and illicit economies in the municipalities of miranda and tumaco - COLOMBIA.TOTAL : $125,000.00THE project is dedicated to fostering licit economies as a means to support the livelihoods of 200 small producers who have…
Market consolidation and small businesses development for indigenous textile artisans as a source for alternative employment and income for vulnerable women, peru and BOLIVIA.THE project aims at the competitive consolidation of the textile productionactivities initiated in a previous project, continuing working in improving professional…
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2022 990, line by line.
Download 990
| Line | Start FY22 | End FY22 |
|---|---|---|
| Cash and savingsLn 1–2 | $36K | $44K |
| Total assetsLn 16 | $64K | $745K |
| LiabilitiesLn 26 | $147K | $63K |
| Net assetsLn 32 | −$82K | $682K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of current officers, directors and key staffLn 5 | $108K | $14K | $76K | $19K |
| Payroll taxesLn 10 | $8K | $989 | $5K | $1K |
| Accounting feesLn 11c | $40K | $40K | ||
| Other fees for servicesLn 11g | $328K | $306K | $23K | |
| Office expensesLn 13 | $12K | $5K | $7K | |
| TravelLn 17 | $8K | $860 | $7K | |
| Other expenses (24a–d)Ln 24 | $0 | $28K | −$28K | |
| Total functional expensesLn 25 | $504K | $348K | $100K | $56K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest | $417K | $417K | $64 | $28K | 990 PDF |
| FY2024 | $145K | $660K | −$515K | $28K | 990 PDF |
| FY2023 | $492K | $631K | −$139K | $543K | 990 PDF |
| FY2022 Viewing | $1.3M | $504K | $765K | $682K | 990 PDF |
| FY2021 | $527K | $513K | $15K | −$82K | 990 PDF |
| FY2020 | $466K | $495K | −$29K | −$97K | 990 PDF |
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Schedules filed Part IV
See the full FY2022 990 (6 parts)
Part I · Summary $1,268,760 revenue, 12 lines filed
Part VI · Governance 12 of 12 board members independent, no flags
Part VIII · Statement of revenue $1,268,760 across 5 lines filed
Part IX · Statement of functional expenses $503,966 across 7 lines filed
Part X · Balance sheet $745,150 assets, 13 lines filed
Part XI · Reconciliation of net assets $682,343 net assets at year end
Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File
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