OLANCHO AID FOUNDATION INC

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2008

Legal Domicile

Principal Officer

MEAGAN TENETY

Phone

7814213601

Tax Period

2024-01-01 to 2024-12-31

OLANCHO AID FOUNDATION INC, founded in 2008, is a small nonprofit in the Education sector that reported $387K in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year.

Mission

THE OLANCHO AID FOUNDATIONS, INC. IS A 501(C)(3) NONPROFIT, FAITH-BASED ORGANIZATION THAT IS CREATING AN ECONOMICALLY SUSTAINABLE COMMUNITY IN OLANCHO HONDURAS THAT PROVIDES FAMILIES AN OPPORTUNITY TO STAY WELL, STAY TOGETHER AND AN OPTION TO STAY AT HOME.

Program Service Accomplishments

Program 1

Expenses: $343,158 Revenue: $385,597

The organization provided funding to support the successful operation of four schools: Nazareth School, Cardenal Rodriguez Middle and High School, Santa Clara Bilingual Elementary School, and Santa Clara Bilingual Middle and High School in the country of Honduras.Nazareth School continues to operate as the only school to provide education and vocational training for children and youth with disabilities and special needs in the state of Olancho, Honduras. The school provides family support, advocacy, and education for youth with learning challenges including down syndrome, cerebral palsy, autism, visual and hearing impairments.Cardenal Rodriguez Middle and High School maintained its ranking among the top high schools in the state of Olancho.Santa Clara Schools provided bilingual education to students in K-12th grade.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $385,597

Program Service Revenue $0

Investment Income $1,441

Other Revenue $0

TOTAL REVENUE $387,038

Expense Breakdown

Grants Paid $278,026

Salaries & Benefits $95,231

Fundraising Expenses $29,157

Program Expenses $343,158

Other Expenses $47,654

TOTAL EXPENSES $420,911

Year-over-Year Comparison

	2024	2023	Change
Revenue	$387,038	$416,779	-0.1%
Expenses	$420,911	$491,488	-0.1%
Net Income	$-33,873	$-74,709	-0.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MEAGAN TENETY	PRESIDENT	4.00	Officer Director	$0	$0	$0
GREG SABIN	BOARD MEMBER	1.00	Director	$0	$0	$0
KERRY WILCOX	BOARD MEMBER	1.00	Director	$0	$0	$0
JACQUELINE DE PIERREFEU	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
JIM FLANAGAN	SECRETARY	1.00	Officer Director	$0	$0	$0
COLLEEN SCOPANO	BOARD MEMBER	1.00	Director	$0	$0	$0
WILSON ESCOTO	BOARD MEMBER	1.00	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
2024	$387,038	$420,911	$85,051	$-33,873
2023	$416,779	$491,488	$118,382	$-74,709
2021	$530,284	$604,750	$222,436	$-74,466
2020	$581,835	$700,725	$305,099	$-118,890
2019	$1,492,807	$1,622,549	$822,397	$-129,742
2018	$1,402,706	$1,494,637	$971,941	$-91,931