Adelante Foundation
Adelante Foundation
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About this organization
Mission
To empower enterprising women with the least opportunity to achieve economic self-sufficiency.
About
Adelante serves 7,200 poor women in rural Honduras. The loan portfolio grew $136,000 to $1,754,000 in 2017. The foundation has five offices in the country, three of which are along or near the north coast in the department of Atlantida, one in the department of Intibuca and one in the department of Choluteca.
Interesting data from their 2018 990 filing
The filing outlines the non-profit's goal as “The mission of adelante is to empower enterprising women with the least opportunity to achieve economic self sufficiency.”.
When explaining its purpose, the activities were outlined as: “The adelante foundation, inc. is a microfinance institution operating in honduras.”.
- As per legal reporting requirements, the state of operation for the non-profit is CO.
- The non-profit's address for 2018 is listed as 280 OLIVE STREET, DENVER, CO, 80220 in the filing.
- As per the non-profit's form, they have 3 employees as of 2018.
- Is not a private foundation.
- Expenses are between $500,000 and $1,000,000+.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $227,480.
- The organization has 10 independent voting members.
- The organization was formed in 1999.
- The organization pays $456,180 in salary, compensation, and benefits to its employees.
- The organization pays $56,427 in fundraising expenses.