FRIENDS OF ACCION INC

EIN: 200160290 501(c)(3) International Affairs

Charlotte, NC

Total Revenue
$186,349
Total Expenses
$184,983
Total Assets
$581,510
Net Assets
$581,510
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
NC
Principal Officer
Richard Neidinger
Phone
7048928499
Tax Period
2024-01-01 to 2024-12-31

FRIENDS OF ACCION INC, founded in 2003, is a small nonprofit in the International Affairs sector that reported $186K in total revenue in fiscal year 2024. Revenue fell 20% from the prior year — a significant decline worth monitoring. Net assets of $582K represent 37 months of operating reserves.

Mission

To render meaningful support to the charitable activities of Accion in the Yucatan Peninsula of Mexico with a view of advancing the well being of the people served and the Christian faith.

Program Service Accomplishments

Program 1
Expenses: $44,271 Revenue: $0

Supported the operation and improvements to the Mayan Children's Village, in continuous operation since 2006, which housed 15 children (4 overnight and 11 day students) providing a safe space for...

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Supported the operation and improvements to the Mayan Children's Village, in continuous operation since 2006, which housed 15 children (4 overnight and 11 day students) providing a safe space for young high school students to eat, study, fellowship, and sleep as needed; providing an alternative to the increasing pressure from gangs. These students would otherwise be unable to attend high school, due to lack of transportation. The Village is effectively an orphanage for a few, and is located in El Ideal, Quintana Roo, Mexico.

Program 2
Expenses: $91,878 Revenue: $0

Supported the operation of and improvements to the Merida Student Houses which house students who would otherwise be unable to attend higher education. The Men's House has been in continuous...

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Supported the operation of and improvements to the Merida Student Houses which house students who would otherwise be unable to attend higher education. The Men's House has been in continuous operation since 1995 and The Women's House since 2021. These facilities continue to provide a safe and nurturing environment for young people to further their university educations through professional licensure. In 2024, there were 17 men and 11 women in these programs, maximizing use of the facilities. In addition, in 2024, 3 scholarships were provided for school fees and expenses. Both houses are located in Merida, Mexico.

Program 3
Expenses: $23,462 Revenue: $0

Supported construction and improvements on churches, ministry facilities or housing, in cooperation with teams of volunteers from U.S. churches. Projects are in selected villages scattered throughout...

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Supported construction and improvements on churches, ministry facilities or housing, in cooperation with teams of volunteers from U.S. churches. Projects are in selected villages scattered throughout the Yucatan Peninsula of Mexico. The 2024 improvement projects focused on the village of Chuburna at a camp retreat center and an annex to a local church. In 2024, two teams, comprising 19 volunteers, completed those projects.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $171,376
Program Service Revenue $0
Investment Income $14,973
Other Revenue $0
TOTAL REVENUE $186,349

Expense Breakdown

Grants Paid $180,703
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $180,703
Other Expenses $4,280
TOTAL EXPENSES $184,983

Year-over-Year Comparison

2024 2023 Change
Revenue $186,349 $233,038 -0.2%
Expenses $184,983 $192,659 0.0%
Net Income $1,366 $40,379 -1.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
9
Independent Members
9
Employees
N/A
Volunteers
30

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Louise Rogers President - Director 2.0
Officer Director
$0 $0 $0
Richard Neidinger Treasurer - Director 4.0
Officer Director
$0 $0 $0
Christine Canaga Secretary-Director 2.0
Officer Director
$0 $0 $0
Amy Cathey Assistant Treasurer - Director 2.00
Officer Director
$0 $0 $0
Beth Webster Director 1.0
Director
$0 $0 $0
Kenneth Skodiak Director 1.0
Director
$0 $0 $0
Amy Hockett Director 1.0
Director
$0 $0 $0
David Wright Director 1.0
Director
$0 $0 $0
Hunter Willard Arton Director 1.0
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $186,349 $184,983 $581,510 $1,366
2023 $233,038 $192,659 $550,259 $40,379
2022 $178,785 $167,685 $474,167 $11,100
2021 $444,839 $145,937 $488,501 $298,902
2020 $244,087 $128,655 $189,599 $115,432
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