Centro Margarita Inc

Organization Overview

Centro Margarita Inc is located in Cidra, PR. The organization was established in 2000. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. As of 06/2022, Centro Margarita Inc employed 60 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Centro Margarita Inc 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 06/2022, Centro Margarita Inc generated $1.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $1.6m during the year ending 06/2022. While expenses have increased by 0.9% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE THERAPEUTIC SERVICES TO NEUROLOGICAL HANDICAPPED CHILDREN.

Describe the Organization's Program Activity:

Part 3 - Line 4a

CHILD CARE GRANT


UNITED FUNDS


PACMA FUNDS


CHILD CARE GRANT


UNITED FUNDS


PACMA FUNDS


CHILD CARE GRANT


UNITED FUNDS


PACMA FUNDS


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Board, Officers & Key Employees

Name (title)Compensation
Brenda I Cruz
Director
$27,900
Adrian Diaz
President
$0
Beatriz DE Angel
Treasure
$0
David Jimenez
Director
$0
Vilmari Quijano
Secretary
$0
Omar Ramos
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $165,000
All other contributions, gifts, grants, and similar amounts not included above$763,104
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$928,104
Total Program Service Revenue$841,011
Investment income $0
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 $1,770,166

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Centro Margarita Inc has recieved totaling $60,878.

Awarding OrganizationAmount
Fondos Unidos De Puerto Rico Inc

Santurce, PR

PURPOSE: TO COVER PROGRAM SERVICES OF PARTICIPATING AGENCIES

$60,878
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$216,661
Earnings$40,127
Admin Expense$2,360
Ending Balance$254,428

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