FRIENDS OF UTEC AND TECSUP INC c/o BECKER GLYNN

EIN: 474584094 501(c)(3) International Affairs

NEW YORK, NY

Total Revenue
N/A
Total Expenses
$959,614
Total Assets
$24,337
Net Assets
$24,337
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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
2015
Legal Domicile
NY
Principal Officer
ROBERT C MUFFLY
Phone
2128883033
Tax Period
2023-01-01 to 2023-12-31

Mission

THE MISSION OF THE CORPORATION IS TO PROMOTE AND SUPPORT ENGINEERING, SCIENCE, TECHNOLOGY, INNOVATION AND ENTREPRENEURSHIP PROGRAMS TAUGHT AT NONPROFIT EDUCATIONAL INSTITUTIONS WITHIN AND OUTSIDE PERU.

Program Service Accomplishments

Program 1
Expenses: $959,614

SUPPORT NONPROFIT ORGANIZATIONS INCLUDING, BUT NOT LIMITED TO, THE UNIVERSIDAD DE INGENIERIA & TECNOLOGIA ("UTEC"), A UNIVERSITY IN PERU THAT INSPIRES AND TRAINS THE ENGINEERS OF TOMORROW BY...

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SUPPORT NONPROFIT ORGANIZATIONS INCLUDING, BUT NOT LIMITED TO, THE UNIVERSIDAD DE INGENIERIA & TECNOLOGIA ("UTEC"), A UNIVERSITY IN PERU THAT INSPIRES AND TRAINS THE ENGINEERS OF TOMORROW BY UTILIZING AN INNOVATIVE EDUCATIONAL MODEL THAT COMBINES AN EXCEPTIONAL ENGINEERING EDUCATION WITH MANAGEMENT AND HUMANITIES STUDIES, AND THE TECHNICAL INSTITUTES IN PERU KNOWN AS INSTITUTO TECNOLOGICO SUPERIOR TECSUP (OPERATING AS "TECSUP"), WHICH ENABLE THEIR GRADUATES TO ACQUIRE THE NECESSARY KNOWLEDGE, SKILLS AND EXPERIENCE IN ORDER TO MEET THE NEEDS OF THE LABOR MARKET AND ATTAIN A SATISFACTORY INCOME LEVEL.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $950,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $959,614
Other Expenses $9,614
TOTAL EXPENSES $959,614

Year-over-Year Comparison

2023 2022 Change
Revenue N/A N/A N/A
Expenses $959,614 $11,570 +81.9%
Net Income N/A $-11,570 N/A
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

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Governance

Voting Members
3
Independent Members
3
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
3
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CARLOS HEREEN PRESIDENT 1.50
Officer Director
$0 $0 $0
ROBERT C MUFFLY SECRETARY 3.00
Officer Director
$0 $0 $0
JESUS ESTABAN NAPAN PICHILINGUE TREASURER 1.50
Officer
$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 No data No data No data No data
2023 No data $959,614 $24,337 No data
2022 No data $11,570 $983,951 No data
2021 $1,050,000 $59,160 $995,521 $990,840
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