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Florida · Nonprofit

FIDEC CORPORATION

FIDEC CORPORATION (Florida) receives grants from 4 organizations whose IRS filings report $32,132,004 to it, the largest being GATES FOUNDATION ($32,103,798). 2 of them have funded it in more than one year.

Revenue FY2025
$3.2M
Funders on record
4
Grants received
$32M
Net assets
$4.2M
2/4 repeat funderspeak grant-dependency 98%
01What it does

What Fidec Corporation does

Mission

Fidec is a u.s.-based nonprofit organization that develops health care programs to improve global health by preventing and reducing the burden of infectious diseases. The organization is made up of physicians, scientists, and other health care professionals.

As stated on its FY2025 Form 990.

Programs

  1. Research: 1. Fidec sponsors clinical studies on polio vaccines to evaluate vaccine safety and immune response, contributing to global efforts to eradicate poliomyelitis.

    $1,857,569 spent$2,647,555 earned by the program
    74% of program spending
  2. 4b. Education and prevention programs for health care professionals and the community educational campaigns on the importance of vaccination, aimed at improving immunization rates and promoting the adoption of healthy self-care habits. Working groups of infectious disease specialists, providing an institutional framework for the development of strategies and actions for the prevention, diagnosis, and treatment of infectious diseases. Free online training for physicians, nurses, and pharmacists through a virtual campus, covering topics such as communication and vaccines. Miami-dade immunization coalition: aims to increase vaccination rates, identify barriers, overcome issues, and exchange knowledge and experience among fidec, the department of infectious diseases of the university of miami, and representatives from governmental and private organizations.

    $553,389 spentof which $290,812 as grants$78,661 earned by the program
    22% of program spending
  3. 4c. Medical assistance in armenia medical assistance program in armenia aimed at improving healthcare access and outcomes for vulnerable populations. Health program for artsakh refugees, carried out in armavir, delivering free check-ups, diagnostics, and treatment for chronic diseases - including hypertension and diabetes - as well as psychosocial care for vulnerable adults.

    $90,218 spent$82,954 earned by the program
    4% of program spending
  4. Form 990, part iii, line 4d - all other program services in addition to the three largest program services described above (research; education and prevention programs for health care professionals and the community; and medical assistance in armenia), fidec carries out the following program service accomplishments. Education programs for the community, immunization campaigns, and health care programs for rural areas stand out among these additional projects. Community-oriented programs awareness day campaigns: fidec joins national and international campaigns to promote disease prevention through periodic checkups and immunization. Binational health activities: promote flu vaccination in latin american consulates of argentina, colombia, guatemala, peru, and mexico, jointly carried out by fidec and walgreens pharmacy. Vaccination campaign at the university of miami: trains undergraduate students on vaccine basics, communication strategies, and peer education. Campaigns at health fairs and on social media: raise awareness of infectious disease prevention and the importance of vaccination, providing key information and dispelling misconceptions. Health care professional-oriented…

The 4 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $2,501,176.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($5.8M) Expenses 100 ($2.6M) Net assets 100 ($7.1M)2018 Revenue 171 ($9.9M) Expenses 244 ($6.3M) Net assets 151 ($11M)2020 Revenue 18 ($1.1M) Expenses 107 ($2.7M) Net assets 110 ($7.8M)2021 Revenue 89 ($5.1M) Expenses 97 ($2.5M) Net assets 147 ($10M)2022 Revenue 101 ($5.8M) Expenses 175 ($4.5M) Net assets 166 ($12M)2023 Revenue 6 ($338k) Expenses 145 ($3.7M) Net assets 118 ($8.4M)2024 Revenue 21 ($1.2M) Expenses 151 ($3.9M) Net assets 61 ($4.3M)2025 Revenue 55 ($3.2M) Expenses 131 ($3.4M) Net assets 59 ($4.2M)
'17'18'20'21'22'23'24'25
Revenue (55)Expenses (131)Net assets (59)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $8.4M to $4.4M (−48%).

$7.1M
$11M
$8.1M
$11M
$12M
$8.4M
$4.4M
$4.2M
'17'18'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

93% of FIDEC CORPORATION’s revenue is contributions — more reliant on donations than three-quarters of its peers (51% for the typical peer).

This organization
Typical peer · 8,632 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 8 reported years ran a deficit.

$3.2M
’17
$3.6M
’18
−$1.7M
’20
$2.6M
’21
$1.3M
’22
−$3.4M
’23
−$2.7M
’24
−$165k
’25
15
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Daniel Stamboulian Md

Chairman

As listed on its FY2025 Form 990.

'17'18'20'21'22'23'24'25
Listed88999889
Joined·+0·+0+0+0+1+1
No longer listed·0·00110
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 1 funder to 2 funders, grant income fell $5.5M → $9k.

Funder
'17
'18
'19
'20
'21
'22
'23
'24*
total
$19k
funders
1
1
1
2
2
3
2
1

1 of 4 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 0% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of FIDEC CORPORATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

FIDEC CORPORATION leans on a few funders — its largest provides 100% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

100%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2017 100% · 2018 100% · 2019 100% · 2020 100% · 2021 100% · 2022 100% · 2023 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

FIDEC CORPORATION draws 100% of its grant income from funders outside Florida, across 2 states in all.

WA
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Florida out of state home

Funder states come from each funder’s own filing. $26 arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

FIDEC CORPORATION holds deeper cash reserves than three-quarters of the 5,002 health nonprofits its size.

Operating margin−5% · bottom quartile
Months of reserve14.9mo · top quartile
Revenue growth (annualized)−7% · bottom quartile

this organization peer median middle 50% of peers· 5,002 health nonprofits $1M–$10M, FY2025

Organizations like FIDEC CORPORATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Florida

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

74% of spending goes to programs.

Program 74%Management 26%Fundraising 0%

Governance

8
board members
63%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention–Board reviewed the 990–Audited financials

Public support

25%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for FIDEC CORPORATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds FIDEC CORPORATION?
FIDEC CORPORATION (Florida) receives grants from 4 organizations whose IRS filings report $32,132,004 to it, the largest being GATES FOUNDATION ($32,103,798). 2 of them have funded it in more than one year.
How many funders does FIDEC CORPORATION have?
IRS filings report 4 organizations giving $32,132,004 in grants to FIDEC CORPORATION, 2 of which have funded it in more than one year.
Who is the largest funder of FIDEC CORPORATION?
GATES FOUNDATION is the largest funder on record, with $32,103,798 in grants. The full list of funders is on this page.
How can an organization like FIDEC CORPORATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Florida. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Fidec →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 4 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing