Fne International Inc
Nonprofit profile at a glance
- EIN
- 271792140
- IRS 990 coverage
- 2018–2024
- Forms available
- Form 990 2024, Form 990-EZ 2017
- Location
- East Weymouth, MA, USA
- Phone
- 8572050236
- Rating
- 64
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- International Relief
Reported finances
- Revenue
- $415,877
- Expenses
- $380,715
- Assets
- $69,282
- Liabilities
- $71,874
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- VERONICA GONZALEZ (PRESIDENT)
- MICHAEL CIPOLETTI (EXECUTIVE DIRECTOR)
Highest reported compensation
- MICHAEL CIPOLETTI (EXECUTIVE DIRECTOR): $31,200 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Fne international is a 501(c)3 organization that partners with communities in developing nations to improve housing, health, and education. By facilitating collaboration and networking with local and international organizations, we empower individuals to become engaged in their community and the world.
What it reported doing in 2024
Fnei brings together the longstanding work of michael cipoletti and fsf60k in nicaragua to cultivate education and sustainable development projects in nicaragua, the dominican republic, and peru. In addition to work abroad, fnei offers to give presentations throughout the united states to raise awareness about poverty issues in the developing world. Fnei presents to schools, civic and community groups as well as faith-based organizations about its work.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 78% of its reported program spending out as grants.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and most voting board members are independent. The filing reports few safeguards for money sent abroad and the filing does not identify recipients for some grant dollars.
Rating breakdown
- Financial Efficiency: 68
- Transparency & Controls: 55
- Accountability: 74
- Sustainability: 34
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 69%; rating input score 69
- Program expense ratio: 75.4%; rating input score 75
- Fundraising efficiency: $10.43 raised per $1 spent on fundraising; rating input score 40; 40th percentile among comparable filings
Transparency & Controls
- Consistency checks: 90.9%; rating input score 91; 13th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: 0 of 8 controls in place; rating input score 0
- Claims monitoring procedures: Fail
- Requires narrative reports: Fail
- Conducts field audits: Fail
- May suspend future funding: Fail
- Requires financial reports: Fail
- Conducts site visits: Fail
- Requires grant agreements: Fail
- May require repayment: Fail
- Grant itemization coverage: 18.5%; rating input score 19; 38th 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: 3 of 8 controls in place; rating input score 38
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Fail
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 8.5%; rating input score 57; 57th percentile among comparable filings
- Total-asset coverage ratio: 0.18; rating input score 10; 10th percentile among comparable filings
- Liabilities to assets ratio: 1.04; rating input score 5; 5th percentile among comparable filings
- Officer compensation ratio: 8.2%; rating input score 30; 30th percentile among comparable filings
Growth
- Program expense growth: 6.1% per year; rating input score 100; 58th percentile among comparable filings
- Revenue growth: 11.1% per year; rating input score 100; 75th percentile among comparable filings
- Asset growth: -13% per year; rating input score 0; 5th percentile among comparable filings
Details
- Where the money goes: 69% of revenue deployed · 75.4% of spending went to programs
- Governance: 7 of 7 board members independent · 3 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $287K in reported program spending
- Leadership: top reported pay $31K · 10 people listed
- Consistency: 21 of 22 current checks pass · 1 finding to review
- Schedules: 4 filed schedules · includes major donors and foreign activity
- Filing history: 6 filing years from 2018 to 2024
- Contacts: How to reach this organization
- Money network: 2 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: Foreign activity oversight: 8 of 8 not reported.
- High — Transparency & Controls: Grant itemization coverage scored 19/100.
- Moderate — Accountability: Governance controls: 4 of 7 not reported.
- Moderate — Financial Efficiency: Fundraising efficiency scored 40/100.
- High — Sustainability: Total-asset coverage ratio scored 10/100.
- Review — Sustainability: Operating margin scored 57/100.
- High — Growth: Asset growth scored 0/100.
- Review — Transparency & Controls: Foreign grant itemization did not reconcile in the filed values.
- High — Sustainability: Liabilities to assets ratio scored 5/100.
- Moderate — Sustainability: Officer compensation ratio scored 30/100.