Aspira Inc De Puerto Rico
- Assets
- $4.6m
- Revenue
- $5.1m
- Investments
- $0.0
- Employees
- 163
- Location
- San Juan, PR
- Founding
- 03/1977
- Data as of
- 06/2021
- EIN
- 66-0276355
Organization Overview
Aspira Inc De Puerto Rico is located in San Juan, PR. The organization was established in 1977. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. As of 06/2021, Aspira Inc DE Puerto Rico employed 163 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Aspira Inc DE Puerto Rico is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Aspira Inc DE Puerto Rico generated $5.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $4.4m during the year ending 06/2021. While expenses have increased by 2.9% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTION OF ACADEMIC EXCELLENCE THROUGH TUTORING & COUNSELING TO MIDDLE, HIGH SCHOOL & ADULT STUDENTS. DEVELOPMENT LEADERSHIP THROUGH WORKSHOP, COMMUNITY SERVICES AND OTHER. PROMOTION AND EDUCATION ON PREVENTION OF HIV VIRUS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ASPIRA CONTINUES TO RESPOND TO VITAL EDUCATION SOCIAL AND DEVELOPMENT NEEDS OF THE COMMUNITY WITH PROGRAMS AND SERVICES SUCH AS TALENT SEARCH, UPWARD BOUND, UPWARD BOUND FOR VETERANS, HIV/AIDS PREVENTIVE EDUCATION PROGRAMS, ALCOHOL AND DRUGS FREE COMMUNITY NETWORKING/ TECHNOLOGY ACADEMY. LEADERSHIP DEVELOPMENT, STUDENT SUPPORT SERVICE , ALTERNATIVE SCHOOL, AMONG OTHER. THESE PROGRAMS AIM AT LOW INCOME AND FIRST GENERATION STUDENTS TO ACCESS POST SECONDARY STUDIES; TO PROVIDE HEALTH EDUCATION TO LOW EDUCATION RISK YOUNG ADULTS AND WOMAN TO PREVENT SEXUALLY TRANSMITTED DISEASES; AND TO PROVIDE NON-TRADITIONAL EDUCATION PROGRAM TO APPROACH OUT OF SCHOOL AND AT RISK HIGH SCHOOL LEVEL STUDENTS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Gomez Cedeo Executive Di | Trustee | $94,264 | |
Nelson G Berrios Vice- Presid | Trustee | $0 | |
Rina Gonzalez Treasurer | Trustee | $0 | |
Josmar Betancourt Student Rep | Trustee | $0 | |
Waleska Lopez Jimenez Trustee | Trustee | $0 | |
Manuel Lluberas Trustee | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,938,884 |
| All other contributions, gifts, grants, and similar amounts not included above | $189,431 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,128,315 |
| Total Program Service Revenue | $2,302,250 |
| Investment income | $81,288 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,112,240 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,495,351 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $178,300 |
| Payroll taxes | $242,330 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $10,708 |
| Fees for services: Accounting | $39,684 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $88,357 |
| Advertising and promotion | $9,149 |
| Office expenses | $41,906 |
| Information technology | $37,410 |
| Royalties | $0 |
| Occupancy | $57,508 |
| Travel | $20,248 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $56,387 |
| Insurance | $34,912 |
| All other expenses | $100,582 |
| Total functional expenses | $4,402,494 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,619,219 |
| Savings and temporary cash investments | $1,681,883 |
| Pledges and grants receivable | $348,201 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $40,625 |
| Net Land, buildings, and equipment | $905,923 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,575 |
| Total assets | $4,599,426 |
| Accounts payable and accrued expenses | $385,679 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $3,328 |
| Total liabilities | $389,007 |
| Net assets without donor restrictions | $3,801,545 |
| Net assets with donor restrictions | $408,874 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $4,599,426 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Aspira Inc De Puerto Rico has recieved totaling $25,000.
| Awarding Organization | Amount |
|---|---|
Globalgiving Foundation Inc Washington, DC PURPOSE: FUNDS RAISED BY GLOBALGIVING AND DISBURSED TO MEET DONOR EXPECTATIONS | $25,000 |
Endowment Analysis
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Aspira Inc De Puerto Rico San Juan, PR | $4,599,426 | $5,112,240 |
Puerto Rico Youth Development Foundation Inc Guaynabo, PR | $317,471 | $353,531 |
Una-Usa Pr Chapter Inc Guaynabo, PR | $910 | $0 |
Robinson Chirinos Foundation Coto Laurel, PR | $65,605 | $0 |
Lee Conmigo Inc Guaynabo, PR | $46,736 | $0 |
El Programa De Enlace Y Servicio Comunitario De Aguadilla Inc Aguadilla, PR | $239,907 | $243,887 |