American Nicaraguan Foundation Inc

Nonprofit profile at a glance

EIN
650326517
IRS 990 coverage
2010–2025
Forms available
Form 990 2025
Location
Miami, FL, USA
Phone
3058987954
Rating
48
Verdict
MIXED
Rating confidence
Moderate
Sector
International Development

Official website

Reported finances

Revenue
$78,558
Expenses
$183,392
Assets
$1,532,525
Liabilities
$1,205

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

13 people listed

Executive titles in this filing

  • F Alfredo Pellas Jr (President & Treasurer)
  • Rafael Sanchez (Vice President)

Highest reported compensation

  • Maria S Almendarez (Administrative Officer): $42,000 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

American nicaraguan foundation (anf) is a relief and development organization whose mission is to reduce the impact of poverty in the lives of the most vulnerable populations across nicaragua. Anf takes a holistic approach to poverty alleviation, working across the relief-development spectrum in the areas of housing, healthcare, nutrition, education, water, sanitation, agriculture, and humanitarian assistance.

What it reported doing in 2025

For 30 years, ANF provided support, opportunity, and tools to those affected by poverty in Nicaragua. ANF's work focused on education, health and nutrition, housing, water and sanitation, agriculture, and humanitarian aid. During its 30 years of operation, ANF has: -Provided more than 187,000 school meals -Invested $1.1M in school supplies -Supported more than 6,000 families with farming initiatives -Provided approximately 143,000 individuals with water and sanitation facilities -Built nearly 13,000 sanitation facilities -Constructed more than 23,000 houses -Built or improved 171 health clinics -Provided food to nearly 5,000 severely malnourished children In May 2022, the Board of Directors consented to cease all business affairs in Nicaragua. ANF is currently not operating any programs.

Operating model

Revenue model
Investment-supported. 100% of the money available for current operations came from recurring investment income.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

MIXED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 100
  • Accountability: 84
  • Sustainability: 30
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 5 of 8 controls in place; rating input score 62
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -133.4%; rating input score 15; 15th percentile among comparable filings
  • Total-asset coverage ratio: 8.36; rating input score 62; 62nd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 29; 29th percentile among comparable filings
  • Officer compensation ratio: 22.9%; rating input score 9; 9th percentile among comparable filings

Growth

  • Program expense growth: -22.6% per year; rating input score 0; 15th percentile among comparable filings
  • Revenue growth: -17% per year; rating input score 0; 22nd percentile among comparable filings
  • Asset growth: -14.1% per year; rating input score 0; 10th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: 12 of 12 board members independent · 5 of 8 filing controls reported
  • Programs: 1 filed program accomplishment
  • Leadership: top reported pay $42K · 13 people listed
  • Highest-paid contractors: 1 contractor listed · $120K reported
  • Consistency: 20 of 20 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 15 filing years from 2010 to 2025
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • Review — Accountability: Governance controls: 2 of 7 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 15/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 9/100.
  • High — Sustainability: Liabilities to assets ratio scored 29/100.