Nobis Foundation performs charitable and humanitarian acts in countries and regions with scarce economic resources, as well as in areas endangered by natural disasters and/or poverty. These areas include, but are not limited to, the united states, latin america, and the carribean. The organization also plans to carry out educational programs and assist with the funding of schools, technology, and learning materials which will allow disadvantaged children and teenagers to develop themselves into responsible and educated adults, as well as promote culture, arts and science among children and teenagers. Finally, the organization plans to organize and sponsor meetings, forums, and workshops relating to social responsibilty, community development and philanthropy. In order to further its charitable purposes, the organization plans to cooperate with other not-for-profits based in florida and obtain donations from individuals.

501(c)(3) charity; gifts are tax-deductible.
97¢ of each $1 spent went to programs.
$55K 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

FY2022 · 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
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average surplus $12K a year · 3% of revenue · last 5 filings
Worth a look: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
97%
of spending
Looks good: 97% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$55K
to officers and key staff · 16% of spending
Fine: pay to officers and key staff is 16% of spending; 15% to 20%.
Pt VII · Sec A
4 mo
of spending, in cash
Looks good: 3.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $19K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$6K
6% of total assets
Looks good: liabilities are 6% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$294K
-12% vs prior year
Spent
$353K
To programs
97%
Net assets
$97K
By yearFY2020–FY2024
Revenue
$294K
FY2022▼ -12%
Tap a bar for its year
Revenue by fiscal year
FY2020$245K
FY2021$335K
FY2022$294K
FY2023$389K
FY2024$462K
Expenses
$353K
FY2022▲ +31%
Tap a bar for its year
Expenses by fiscal year
FY2020$248K
FY2021$269K
FY2022$353K
FY2023$423K
FY2024$375K
Net assets
$97K
FY2022▼ -38%
Tap a bar for its year
Net assets by fiscal year
FY2020$90K
FY2021$156K
FY2022$97K
FY2023$63K
FY2024$150K

From the FY2022 Form 990 · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Apr 2015.

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

Where the money goes

97 cents of each dollar spent went to programs.

Program services 97% · $341K Management & general 3% · $12K

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

5 people listed on the 990; $55K paid to officers and key staff.

Part VII, Section A · reportable compensation
Vice President;director
$48,000Pt VII · Sec A
President;director
$6,030Pt VII · Sec A
$750Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Isidro Romero Noboa’s $60K as President;director is at the 57th percentile of top reported officer pay among 1264 $100K–1M philanthropy & grantmaking 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 · 3 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Isidro Romero Noboa$60,000$60,000$6,030——
Antonella Romero$40,000$40,000$48,000$48,000$48,000
Isidro Andres Romero——$750——

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 Nobis Foundation INC 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

Provides aid and education in economically struggling and disaster-prone regions globally.

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Provided by the organization

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3 programs · $151K · in their own filed words · FY2022
01

Nobis foundation is involved in "make the impossible possible" aimed to help children from ecuador to improve the education conditions, so the children have a chance to grow and become who they want to be.

$140Kprogram expense
02

Nobis foundation is involved in ' be a hero' aimed to promote humanitarian and social work in ecuador, venezuela, and various projects to provide families with food and supplies.

$10Kprogram expense
03

Nobis foundation is involved in "educational volunteer program" aimed to promote humanitarian and social work in poor ecuadorian schools. In 2018, young volunteer students from miami (usa) visited the mar a eufrasia school, located in isla trinitaria, a poor and marginal slum in guayaquil city, where the kairos foundation carries out a…

$515program 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 · FY2024
Total grants receivedfrom 2 funders$19K
Grants paid · 5 grants · $75K · 2020–2023

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$294K
Ln 12
Gifts and grantsLn 1h$294K
Money outPt IX
$353K
Ln 25
Programscol B$341K
Managementcol C$12K
Owns and owesPt X
$97K
net assets · Ln 32
Cash and savingsLn 1–2$102K
Total assetsLn 16$103K
LiabilitiesLn 26$6K
PeoplePt VI, VII
5
listed · VII A
PaidVII A3
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$294K
Total revenueLn 12$294K
Assets in detailPt X, end of year
CashLn 1$102K
Cash and savings togetherLn 1–2$102K
Land, buildings, equipmentLn 10c$906
Total assetsLn 16$103K
LiabilitiesLn 26$6K
Net assetsLn 32$97K
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 FY22End FY22
Cash and savingsLn 1–2$152K$102K
Land, buildings, equipmentLn 10c$2K$906
Total assetsLn 16$160K$103K
LiabilitiesLn 26$4K$6K
Net assetsLn 32$156K$97K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$16K$16K
Grants and assistance to foreign recipientsLn 3$151K$151K
Pay of current officers, directors and key staffLn 5$48K$48K
Pay of disqualified personsLn 6$26K$26K
Payroll taxesLn 10$6K$6K
Other fees for servicesLn 11g$29K$29K
Advertising and promotionLn 12$75$75
Office expensesLn 13$5K$5K
TravelLn 17$8K$8K
InterestLn 20$270$270
Depreciation, depletion and amortizationLn 22$758$758
InsuranceLn 23$20K$20K
Other expenses (24a–d)Ln 24$38K$30K$8K
All other expensesLn 24e$5K$2K$3K
Total functional expensesLn 25$353K$341K$12K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $462K$375K$87K$150K 990 PDF
FY2023 $389K$423K−$34K$63K 990 PDF
FY2022 Viewing $294K$353K−$59K$97K 990 PDF
FY2021 $335K$269K$66K$156K 990 PDF
FY2020 $245K$248K−$2K$90K 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 FY2022 990 (6 parts)
Part I · Summary $294,102 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $335,251$294,102
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $335,251$294,102
I-13 Grants and similar amounts paidPrior year $61,290$166,731
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $78,519$79,176
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $128,986$107,260
I-18 Total expensesPrior year $268,795$353,167
I-19 Revenue less expensesPrior year $66,456−$59,065
Part VI · Governance 5 of 5 board members independent, 4 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members5
VI-2 Family or business relationship among officers or directorsYes
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $294,102 across 3 lines filed
VIII-1f All other contributions, gifts and grants$294,102
VIII-1h Total contributions, gifts and grants$294,102
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$294,102
Part IX · Statement of functional expenses $353,167 across 14 lines filed
IX-1 Grants to domestic organizationsPrograms $16,106$16,106
IX-3 Grants and assistance to foreign recipientsPrograms $150,625$150,625
IX-5 Pay of current officers, directors and key staffPrograms $48,000$48,000
IX-6 Pay of disqualified personsPrograms $25,536$25,536
IX-10 Payroll taxesPrograms $5,640$5,640
IX-11g Other fees for servicesPrograms $29,180$29,180
IX-12 Advertising and promotionPrograms $75$75
IX-13 Office expensesPrograms $5,262$5,262
IX-17 TravelPrograms $8,494$8,494
IX-20 InterestPrograms $270$270
IX-22 Depreciation, depletion and amortizationManagement $758$758
IX-23 InsurancePrograms $20,438$20,438
IX-24 Other expenses (24a–d)Programs $29,778 · Management $7,791$37,569
IX-24e All other expensesPrograms $1,731 · Management $3,483$5,214
IX-25 Total functional expensesPrograms $341,135 · Management $12,032 · Fundraising $0$353,167
Part X · Balance sheet $103,368 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $151,739$102,462
X-10c Land, buildings and equipment, netStart of year $1,664$906
X-16 Total assetsStart of year $160,063$103,368
X-25 Other liabilitiesStart of year $3,634$6,004
X-26 Total liabilitiesStart of year $3,634$6,004
X-32 Total net assets or fund balancesStart of year $156,429$97,364
X-33 Total liabilities and net assetsStart of year $160,063$103,368
Part XI · Reconciliation of net assets $97,364 net assets at year end
XI-1 Total revenue$294,102
XI-2 Total expenses$353,167
XI-3 Revenue less expenses−$59,065
XI-4 Net assets at start of year$156,429
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$97,364

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

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