The Cedice Foundation FY2022 filing

Tax-deductible

Arlington, VA501(c)(3)InternationalEIN 52-1711334

Promote better understanding of the economic concept of the free market and individual liberty

501(c)(3) charity; gifts are tax-deductible.
76¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

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
5 of 5
filings with a surplus
Average surplus $45K a year · 63% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
76%
of spending
Looks good: 76% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
89 mo
of spending, in cash
Looks good: 88.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $20K
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
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
$48K
-6% vs prior year
Spent
$13K
To programs
76%
Net assets
$966K
By yearFY2020–FY2024
Revenue
$48K
FY2022▼ -6%
Revenue by fiscal year
FY2020$80K
FY2021$51K
FY2022$48K
FY2023$54K
FY2024$122K
Expenses
$13K
FY2022▼ -36%
Expenses by fiscal year
FY2020$27K
FY2021$20K
FY2022$13K
FY2023$26K
FY2024$44K
Net assets
$966K
FY2022▼ -6%
Net assets by fiscal year
FY2020$1.0M
FY2021$1.0M
FY2022$966K
FY2023$1.0M
FY2024$1.1M

From the FY2022 Form 990 · see the original

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 1991.

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

Where the money goes

76 cents of each dollar spent went to programs.

Program services 76% · $10K Management & general 24% · $3K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

5 people listed on the 990.

Part VII, Section A · reportable compensation
President/Asst.treas
$0Pt VII · Sec A
Vice President/Secretary
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See The Cedice Foundation 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

Educates people about free markets and individual liberty.

Provided by the organization

This section is blank until The Cedice Foundation claims this page.

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3 program services account for $10K of program spending, described in the organization's own filed words · FY2022.
01

In 2022, cedice venezuela continued its youth programs educating young children as well as teenagers about free economy principles, property rights, and individual rights and responsibilities in an open market.

$6Kprogram expense
02

The organization undertook an additional partnership with atlas network and other think tanks in 2022 to produce the bureaucracy index. This index gives countries an understanding of where they rank in terms of efficiecny and productivity.

$3Kprogram expense
03

The cedice foundation is a non-partisan free market organization. Its main objective is to promote a better understanding of the economic concept of the free market and individual liberty.

Pt IX · col B

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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 · FY2023
Total grants receivedfrom 1 funder$20K

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$48K
Ln 12
Investment incomeLn 3$25K
Gifts and grantsLn 1h$23K
Money outPt IX
$13K
Ln 25
Programscol B$10K
Managementcol C$3K
Owns and owesPt X
$966K
net assets · Ln 32
Cash and savingsLn 1–2$96K
Total assetsLn 16$966K
LiabilitiesLn 26$0
PeoplePt VI, VII
5
listed · VII A
PaidVII A0
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$23K
Investment incomeLn 3$25K
Gains on assetsLn 7$467
Total revenueLn 12$48K
Assets in detailPt X, end of year
SavingsLn 2$96K
Cash and savings togetherLn 1–2$96K
InvestmentsLn 11–13$870K
Land, buildings, equipmentLn 10c$272
Total assetsLn 16$966K
LiabilitiesLn 26$0
Net assetsLn 32$966K
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$178K$96K
InvestmentsLn 11–13$850K$870K
Land, buildings, equipmentLn 10c$601$272
Total assetsLn 16$1.0M$966K
LiabilitiesLn 26$0$0
Net assetsLn 32$1.0M$966K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Accounting feesLn 11c$2K$2K
Other fees for servicesLn 11g$521$521
Depreciation, depletion and amortizationLn 22$329$329
Other expenses (24a–d)Ln 24$10K$10K$130
Total functional expensesLn 25$13K$10K$3K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $122K$44K$79K$1.1M 990 PDF
FY2023 $54K$26K$28K$1.0M 990 PDF
FY2022 Viewing $48K$13K$35K$966K 990 PDF
FY2021 $51K$20K$31K$1.0M 990 PDF
FY2020 $80K$27K$53K$1.0M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (4 parts)
Part VIII · Statement of revenue $48,317 across 5 lines filed
VIII-1f All other contributions, gifts and grants$23,450
VIII-1h Total contributions, gifts and grants$23,450
VIII-3 Investment incomeExcluded from tax $24,400$24,400
VIII-7 Net gain or loss on sales of assetsExcluded from tax $467$467
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $24,867$48,317
Part IX · Statement of functional expenses $13,030 across 4 lines filed
IX-11c Accounting feesManagement $2,200$2,200
IX-11g Other fees for servicesManagement $521$521
IX-22 Depreciation, depletion and amortizationManagement $329$329
IX-24 Other expenses (24a–d)Programs $9,850 · Management $130$9,980
IX-25 Total functional expensesPrograms $9,850 · Management $3,180 · Fundraising $0$13,030
Part X · Balance sheet $966,399 assets, 9 lines filed
X-2 Savings and temporary cash investmentsStart of year $177,828$96,348
X-10c Land, buildings and equipment, netStart of year $601$272
X-11 Publicly traded securitiesStart of year $850,366$869,779
X-16 Total assetsStart of year $1,028,795$966,399
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $992,820$930,424
X-28 Net assets with donor restrictionsStart of year $35,975$35,975
X-32 Total net assets or fund balancesStart of year $1,028,795$966,399
X-33 Total liabilities and net assetsStart of year $1,028,795$966,399
Part XI · Reconciliation of net assets $966,399 net assets at year end
XI-1 Total revenue$48,317
XI-2 Total expenses$13,030
XI-3 Revenue less expenses$35,287
XI-4 Net assets at start of year$1,028,795
XI-5 Net unrealized gains (losses) on investments−$86,545
XI-8 Prior period adjustments−$11,138
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$966,399

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

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