Fidec Corporation

Nonprofit profile at a glance

EIN
134186589
IRS 990 coverage
2010–2025
Forms available
Form 990 2025
Location
Miami, FL, USA
Phone
3058540075
Rating
59
Verdict
MIXED
Rating confidence
Moderate
Sector
Specifically Named Diseases

Official website

Reported finances

Revenue
$3,192,675
Expenses
$3,357,499
Assets
$4,177,241
Liabilities
$8,649

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

Leadership & pay

9 people listed

Highest reported compensation

  • MARIANA VALERIA ROTHOLC (MANAGING DIR): $706,960 total reported compensation
  • ROXANA STAMBOULIAN (TREASURER): $252,700 total reported compensation
  • MARIA PAZ RAMIREZ (SECRETARY): $196,399 total reported compensation

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

Overview

Mission

Fidec is a u.s.-based nonprofit organization that develops health care programs to improve global health by preventing and reducing the burden of infectious diseases. The organization is made up of physicians, scientists, and other health care professionals.

What it reported doing in 2025

Form 990, part iii, line 4d - all other program services in addition to the three largest program services described above (research; education and prevention programs for health care professionals and the community; and medical assistance in armenia), fidec carries out the following program service accomplishments. Education programs for the community, immunization campaigns, and health care programs for rural areas stand out among these additional projects. Community-oriented programs awareness day campaigns: fidec joins national and international campaigns to promote disease prevention through periodic checkups and immunization. Binational health activities: promote flu vaccination in latin american consulates of argentina, colombia, guatemala, peru, and mexico, jointly carried out by fidec and walgreens pharmacy. Vaccination campaign at the university of miami: trains undergraduate students on vaccine basics, communication strategies, and peer education. Campaigns at health fairs and on social media: raise awareness of infectious disease prevention and the importance of vaccination, providing key information and dispelling misconceptions. Health care professional-oriented programs online health education (stamboulian talks): free online conferences presented by expert speakers, targeted to health care professionals, on the latest developments related to common diseases and healthcare topics.

Operating model

Revenue model
Donor-supported. 93% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 88% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

MIXED - A large share of available resources goes toward mission work. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and the filing reports few safeguards for money sent abroad.

Rating breakdown

  • Financial Efficiency: 69
  • Transparency & Controls: 57
  • Accountability: 57
  • Sustainability: 30
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 79.3%; rating input score 79
  • Program expense ratio: 74.5%; rating input score 74
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 92.9%; rating input score 93; 14th percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Scored; rating input score 0
  • Grant itemization coverage: 100%; rating input score 100; 75th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 62.5%; rating input score 62; 12th percentile among comparable filings
  • Governance controls: 4 of 8 controls in place; rating input score 50
    • 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: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -5.2%; rating input score 15; 15th percentile among comparable filings
  • Total-asset coverage ratio: 1.24; rating input score 41; 41st percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 86; 86th percentile among comparable filings
  • Officer compensation ratio: 34.4%; rating input score 5; 5th percentile among comparable filings

Growth

  • Program expense growth: -3.3% per year; rating input score 0; 6th percentile among comparable filings
  • Revenue growth: -1.4% per year; rating input score 0; 5th percentile among comparable filings
  • Asset growth: 5.2% per year; rating input score 100; 34th percentile among comparable filings

Details

  • Where the money goes: 79.3% of revenue deployed · 74.5% of spending went to programs
  • Governance: 5 of 8 board members independent · 4 of 8 filing controls reported
  • Programs: 4 filed program accomplishments · $2.5M in reported program spending
  • Leadership: top reported pay $707K · 9 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 29 of 30 current checks pass · 1 finding to review
  • Schedules: 8 filed schedules · includes major donors, foreign activity, grants, and executive pay
  • Filing history: 13 filing years from 2010 to 2025
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • 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: Pay-setting controls scored 0/100.
  • High — Transparency & Controls: Foreign activity oversight scored 0/100.
  • Review — Accountability: Governance controls: 3 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.
  • Moderate — Sustainability: Total-asset coverage ratio scored 41/100.
  • High — Sustainability: Officer compensation ratio scored 5/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.