Sucede Inc

What it reported doing in 2024

The initiatives sucede, inc. Supported during 2024 were the following: asociacin sol y luna fundo huincho lt. A-5 urubamba, cusco, peru the sol y luna school works for the education and inclusion of the most vulnerable children of urubamba (cusco, per) and the surrounding communities. As of today, the school has almost 200 students from 20 different communities. Among the services they provide are shelter for abandoned children, education, nutrition, psychological support, and therapeutical care for children with disabilities. Museo de arte de lima (mali) paseo coln 125 lima 1, per museo de arte de lima - mali is a non-profit cultural organization devoted to the promotion of education, arts and culture in per. It houses a representative collection of peruvian art, which witnesses several centuries of cultural transformation, including pre-columbian and colonial objects, as well as republican and contemporary works. Mali receives more than 10,000 students each year as part of student's integral education since arts and culture are key elements in shaping identity and a fundamental basis for the development of the country. Ensea peru av gregorio esocbedo no 426 dpto 1701 jesus maria, lima, peru ensea per is a non-profit organization which strives to see that, by 2032, at least 8 out of 10 peruvian children and young people receive an education of excellence. In a country where only 2 out of 10 rural students perform at grade level, there is an incredible need for a peruvian educational infrastructure that promotes good institutional management and continuity of leadership. Sucede's 2024 support help the implementation of educational projects in the city of lima. Asociacin de hogares nuevo futuro per alfredo silva 180, barranco lima, per hogares nuevo futuro is a non-profit association that promotes and implements actions aimed at preventing child abandonment and maintaining residential shelters (homes) for abandoned children with and without disabilities. Nuevo future provides children with a family environment that meets their biological, psychological, social and spiritual needs. Asociacin frida y manuel delgado parker avenida paseo de la republica 3866 san isidro, lima per in 2024, sucede supported the implementation of the project "urban heroes: challenge for a safer lima," which aims to enhance public safety by strengthening the active role of citizens. This initiative supports existing local projects by identifying, assisting, and helping them grow. Casa khuyana sector patapata s/n calca, cusco per the casa khuyana association is establishing peru's first hospice, where children and young people with terminal illnesses will receive comprehensive, free care. The facility will feature 10 rooms for patients and their families and will offer companionship, support, and professional palliative care to ensure comfort and dignity during difficult times.

Financial Efficiency

• Mission deployment rate: 100%; rating input score 100
• Program expense ratio: 97%; rating input score 97
• Fundraising efficiency: $74.91 raised per $1 spent on fundraising; rating input score 82; 82nd percentile among comparable filings

Transparency & Controls

• Consistency checks: 90%; rating input score 90; 9th 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: 94.2%; rating input score 94; 54th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: Limited
• Governance controls: 1 of 7 controls in place; rating input score 14
  • 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: Missing
  • Independent financial-statement audit: Fail

Sustainability

• Operating margin: -4.2%; rating input score 30; 30th percentile among comparable filings
• Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
• Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
• Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings

Growth

• Program expense growth: 13% per year; rating input score 100; 76th percentile among comparable filings
• Revenue growth: 15.3% per year; rating input score 100; 83rd percentile among comparable filings
• Asset growth: 8% per year; rating input score 100; 59th percentile among comparable filings