Friends of Catholic University in Chile, Inc.

Legal name: Friends of Catholic University in Chile Inc

Nonprofit profile at a glance

EIN
521656495
IRS 990 coverage
2015–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024
Location
New York, NY, United States
Phone
(212) 348-8345
Rating
85
Verdict
STRONG
Rating confidence
Moderate
Affiliation
Christianity

Official website

Reported finances

Revenue
$772,194
Expenses
$806,890
Assets
$472,814
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

21 people listed

Executive titles in this filing

  • M SAVA B THOMAS (FORMER PRESIDENT)
  • MARIO VALDIVIA (CURRENT PRESIDENT)

People named in this filing

  • M SAVA B THOMAS (FORMER PRESIDENT)
  • MARIO VALDIVIA (CURRENT PRESIDENT)
  • ROGER W THOMAS (SECRETARY)

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

Friends of Catholic University in Chile (Friends UC) promotes higher education in Chile by providing assistance to the Catholic University of Chile. The Board of Directors of Friends UC Meets in NYC. October, 2023 The members of the Board of Directors of Friends UC gathered on October 19th and 20th, 2023, in New York City to review and discuss the progress of projects supported by the Foundation. Read more _keyboard_arrow_right_ Projects Friends UC, in its mission to contribute to the development of the Catholic University, supports various programs and projects of the faculties and has also created its own projects, such as the Cristobal Conde Scholarship and the Leading the Way Scholarship, which are carried out thanks to the constant support of Board members.

What it reported doing in 2024

The leading the way program & scholarships offers intensive english training to uc undergraduate students from vulnerable sectors of society. The first stage consists of local training in the english language and the global classroom, a program that promotes the exchange of ideas and cultural interaction between students from uc and drexel university. The second stage offers the opportunity to study abroad at drexel university for four weeks. The program consists of english language classes and an afternoon leadership case study, in which the students meet with different types of leaders (academic, business, community) to enhance their leadership skills. Finally, students returning from the study abroad experience mentor and share experiences with subsequent generations of ltw participants.

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 100% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 88
  • Transparency & Controls: 77
  • Accountability: 100
  • Sustainability: 40
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 96.2%; rating input score 96
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: 1 of 8 controls in place; rating input score 12
    • Claims monitoring procedures: Pass
    • 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: 100%; rating input score 100; 76th 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: 7 of 7 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -4.5%; rating input score 25; 25th percentile among comparable filings
  • Total-asset coverage ratio: 0.59; rating input score 27; 27th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 91; 91st percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings

Growth

  • Program expense growth: 14.5% per year; rating input score 100; 74th percentile among comparable filings
  • Revenue growth: 11.3% per year; rating input score 100; 70th percentile among comparable filings
  • Asset growth: 21.4% per year; rating input score 100; 83rd percentile among comparable filings

Details

  • What they do: 1 programs and campaigns described on the official site · 1 operating location identified
  • Where the money goes: 100% of revenue deployed · 96.2% of spending went to programs
  • Governance: 21 of 21 board members independent · 7 of 7 filing controls reported
  • Programs: 4 filed program accomplishments · $777K in reported program spending
  • Leadership: top reported pay $0 · 21 people listed
  • Consistency: 19 of 19 current checks pass
  • Schedules: 5 filed schedules · includes major donors and foreign activity
  • Filing history: 10 filing years from 2015 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 — Sustainability: Operating margin scored 25/100.
  • High — Sustainability: Total-asset coverage ratio scored 27/100.