The Foundation for Education in Ho… - Form 990 Financial Data

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2014

Legal Domicile

Phone

6469818322

Tax Period

2021-01-01 to 2021-12-31

The Foundation for Education in Honduras, founded in 2014, is a small nonprofit in the International Affairs sector that reported $436K in total revenue in fiscal year 2021. Revenue surged 170% from the prior year, signaling strong growth momentum. The organization ran a surplus of $232K, a strong 53% operating margin.

Mission

The Foundation for Education in Honduras (FEIH) is a charitable organization committed to providing education to children in high-need areas of rural Honduras.

Program Service Accomplishments

Program 1

Expenses: $170,932

The Foundation for Education in Honduras (FEIH) is a charitable organization committed to providing education to children in high-need areas of rural Honduras. FEIH partners directly with local...

The Foundation for Education in Honduras (FEIH) is a charitable organization committed to providing education to children in high-need areas of rural Honduras. FEIH partners directly with local Honduran businesses and groups to renovate rural school buildings, provide school supplies to the children and teachers, and engage the school in cross-cultural activities in order to foster positive educational outcomes in the community.

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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%)

Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $436,257

Program Service Revenue $0

Investment Income $8

Other Revenue $0

TOTAL REVENUE $436,265

Expense Breakdown

Grants Paid $151,117

Salaries & Benefits $0

Fundraising Expenses $6,308

Program Expenses $170,932

Other Expenses $52,990

TOTAL EXPENSES $204,107

Year-over-Year Comparison

	2021	2020	Change
Revenue	$436,265	$161,421	+1.7%
Expenses	$204,107	$191,349	+0.1%
Net Income	$232,158	$-29,928	-8.8%

Key Indicators

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

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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

Employees

N/A

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
RAMIRO OCASIO	President	20.00	Officer Director	$0	$0	$0
JONATHAN HENES	Director	2.00	Director	$0	$0	$0
JOHN CONTANT	Treasurer	2.00	Officer Director	$0	$0	$0
SHAI WAISMAN	Director	2.00	Director	$0	$0	$0
FELICIA GREENFIELD	Director	2.00	Director	$0	$0	$0
CANAAN HIMMELBAUM	Director	2.00	Director	$0	$0	$0
ROBERT RIZZO	Director	2.00	Director	$0	$0	$0
JEANNIE HEFFERNAN	Director	2.00	Director	$0	$0	$0
ANABELLA DAVIS	Director	2.00	Director	$0	$0	$0
ELINA SUKHARENKO	Director	2.00	Director	$0	$0	$0
MICHAEL FRISHBERG	Director	2.00	Director	$0	$0	$0
ERIC WEDEL	Director	2.00	Director	$0	$0	$0
JONATHAN DAVIS	Director	2.00	Director	$0	$0	$0
ERIC KOZA	Director	2.00	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	No data	No data	No data	No data
2021	$436,265	$204,107	$460,012	$232,158
2019	$390,326	$343,345	$258,598	$46,981
2018	$244,565	$260,638	$214,615	$-16,073

The Foundation for Education in Honduras