NonprofitsSostenica Inc

International Affairs

Sostenica Inc

CAMBRIDGE, MA

Total revenue

$20K

Total expenses

$3K

Net assets

Grants received

$978K

10 grants

EIN

233061896

Tax year

2024

Mission

SosteNica empowers the people of Nicaragua to achieve financial security and healthy lives within vibrant,sustainable communities through microcredit,technical assistance, and outreach to low income smallholder farmers and school children.

Programs

1 program

Microlending in Nicaragua. Due to political and economic issues in Nicaragua, this program did not receive any interest income nor did it pay dividends to investors in the program.

0

Financials

FY 2024

Revenue

Contributions & grants$20K
Program service revenue
Investment income
Other revenue
Total revenue$20K

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses$3K
Total expenses$3K
Total assets$730K
Net assets

People

9 listed

NameRoleCompensation

Joseph DeNicola

Executive Director

Board

5 hrs/wk

Rev Owen Owens

Member

Board

1 hrs/wk

V Scott Bihl

Member

Board

1 hrs/wk

Joanna Lane

Member

Board

1 hrs/wk

DeLaura Padovan

Member

Board

1 hrs/wk

Alan Wright

President

Board

1 hrs/wk

Rachel Lindsay

Secretary

Board

1 hrs/wk

Tim Keyes

Treasurer

Board

1 hrs/wk

Peter Guarino

Vice President

Board

1 hrs/wk

Grants received

Showing 10 of 10

FromAmountPurposeYear
$116K
Research Research
2022
$5K
SUPPORT LIFE LAB FOR CHILDREN PRESCH
2022
$3K
SUPPORT LIFE LAB FOR CHILDREN PRESCH
2021
$228K
RESEARCH Research Research
2020
$14K
SUPPORT LIFE LAB FOR CHILDREN PRESCH
2020
$304K
RESEARCH Research
2019
$10K
INTERNATIONAL, FOREIGN AFFAIRS
2018
$9K
For grant recipient's exempt purposes
2018

Funded by

$978K from 4 funders · 10 grants · 2018–2022

Trustees Of Boston University

$937K · 5 grants · 2018–2022

Gupta Family Foundation

$22K · 3 grants · 2020–2022

Details

EIN233061896
NTEE codeQ320
Subsection03
Ruling date2001-11
Formed2000
Employees0
Volunteers0
SOSTENICA INC — Mission, Financials & Grants Received | Grantivo