Children of Peru Foundation
Nonprofit profile at a glance
- EIN
- 204276630
- IRS 990 coverage
- 2013–2024
- Forms available
- Form 990 2024, Form 990-EZ 2023
- Location
- New York, NY, USA
- Phone
- 9172151977
- Rating
- 62
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Fund Raising and/or Fund Distribution
Reported finances
- Revenue
- $196,548
- Expenses
- $137,447
- Assets
- $247,541
- Liabilities
- $24,192
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- Edouard Ruelle (President)
People named in this filing
- Edouard Ruelle (President)
- Zaralina Ruelle (Treasurer)
- Jaime Mateus Tique (Director)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Children of Peru Foundation is a not-for-profit 501(c)(3) tax-exempt organization incorporated by the State of New York in February 2006 dedicated to building a better future for poor children in Peru. We raise funds to make grants to a select group of non-governmental organizations working in Peru to provide better healthcare and education for poor children
What it reported doing in 2024
Children of Peru Foundation is a organization based in New York & dedicated to building a better future for poor children in Peru. They raise funds to make grants to a select group of non-governmental organizations working in Peru to provide better healthcare & education for poor children.
Operating model
- Revenue model
- Other-operating. 69% of the money available for current operations came from other operating revenue.
- Distribution model
- Grant intermediary. The nonprofit sent 98% of its reported program spending out as grants.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing reports few safeguards for money sent abroad and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 64
- Transparency & Controls: 61
- Accountability: 70
- Sustainability: 66
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 63%; rating input score 63
- Program expense ratio: 88.4%; rating input score 88
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 84.6%; rating input score 85; 2nd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: 0 of 8 controls in place; rating input score 0
- Claims monitoring procedures: Limited
- Requires narrative reports: Limited
- Conducts field audits: Limited
- May suspend future funding: Limited
- Requires financial reports: Limited
- Conducts site visits: Limited
- Requires grant agreements: Limited
- May require repayment: Limited
- Grant itemization coverage: 66.3%; rating input score 66; 45th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 2 of 7 controls in place; rating input score 29
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 30.1%; rating input score 82; 82nd percentile among comparable filings
- Total-asset coverage ratio: 1.8; rating input score 56; 56th percentile among comparable filings
- Liabilities to assets ratio: 0.1; rating input score 26; 26th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: -1.2% per year; rating input score 0; 26th percentile among comparable filings
- Revenue growth: -0.2% per year; rating input score 0; 23rd percentile among comparable filings
- Asset growth: 8.8% per year; rating input score 100; 62nd percentile among comparable filings
Details
- Where the money goes: 63% of revenue deployed · 88.4% of spending went to programs
- Governance: 7 of 6 board members independent · 2 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $122K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 17 of 19 current checks pass · 2 findings to review
- Schedules: 5 filed schedules · includes major donors and foreign activity
- Filing history: 3 filing years from 2013 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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 — Transparency & Controls: Foreign activity oversight scored 0/100.
- High — Accountability: Governance controls: 5 of 7 not reported.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Transparency & Controls: Independent members within voting members did not reconcile in the filed values.
- Review — Transparency & Controls: Foreign grant itemization did not reconcile in the filed values.
- Review — Sustainability: Total-asset coverage ratio scored 56/100.
- High — Sustainability: Liabilities to assets ratio scored 26/100.