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.
Public Charity
SOSTENICA INC
SOSTENICA INC is a Public Charity headquartered in CAMBRIDGE, MA. Financial data from the 2024 filing: $20K revenue, $3K expenses, $730K total assets. 8 publicly reported grants to this organization, totaling roughly $965K, appear in IRS filings.
EIN: 233061896
CAMBRIDGE, MA
International Economic Development
NTEE: Q32
Latest filing: 2024
Total Revenue$20K
Total Expenses$3K
Total Assets$730K
Grant Records8
Funding Total$965K
Filing Years2020–2024
Where $100 goes at Sostenica Inc
How Sostenica Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
$84
Programs
the work itself
$13
Management
running the organization
$3
Fundraising
raising the next dollar
Inside the $84 for programs
$42
Research strategies for sustainable agriculture in rural Nicaragua and train local farmers in strategies developed
$42
Microlending in Nicaragua
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
Research Research
$115,559
Research
$215,381
RESEARCH Research Research
$227,691
RESEARCH Research
$304,203
RESEARCH
$73,980
Showing up to 5 of 8 total records — full history available with membership.
Officers & Directors
President
Alan Wright
Member
Delaura Padovan
Member
Joanna Lane
Executive Director
Joseph Denicola
Vice President
Peter Guarino
Secretary
Rachel Lindsay
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $20K | $3K | $730K |
| 2023 | $63K | $309K | $733K |
| 2022 | $198K | $318K | $1.0M |
| 2021 | $297K | $366K | $1.2M |
| 2020 | $495K | $674K | $1.2M |
Between 2020 and 2024, reported annual revenue declined from $495K to $20K (-96%), with total assets most recently reported at $730K.
Interactive year-over-year charts and full filing details available with membership.