Fundacion De Mujeres En Puerto Rico
- Assets
- $373.9k
- Revenue
- $420.2k
- Investments
- $0.0
- Employees
- 1
- Location
- San Juan, PR
- Founding
- 11/2019
- Data as of
- 06/2022
- EIN
- 66-0931262
Organization Overview
Fundacion De Mujeres En Puerto Rico is located in San Juan, PR. The organization was established in 2019. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fundacion DE Mujeres En 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 06/2022, Fundacion DE Mujeres En Puerto Rico generated $420.2k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 11.0% each year . All expenses for the organization totaled $207.6k during the year ending 06/2022. While expenses have increased by 1.0% per year over the past 4 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTING SOCIAL JUSTICE AND SUPPORTING THE ECONOMIC SECURITY, SAFETY, HEALTH, REPRODUCTIVE AUTONOMY AND GENERAL EMPOWERMENT OF WOMEN, GIRLS AND GENDER-FLUID INDIVIDUALS IN PUERTO RICO
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PUERTO RICO WOMEN'S FOUNDATION DISTRIBUTED $46,600 IN GRANTS AMONG 10 COMMUNITY-BASED ORGANIZATIONS THAT SERVE, ORGANIZE AND ADVOCATE FOR WOMEN, GIRLS, AND THE NON-BINARY COMMUNITY OF PUERTO RICO. WE SECURED $401,000 IN GRANTS TO THE FOUNDATION WHICH WILL BE USED FOR OUR INFRASTRUCTURE AND FOR GRANTMAKING FOR THE FISCAL YEAR 2022-2023. THE FOCUS OF THE FOUNDATION WAS TO CONTINUE BUILDING THE INFRASTRUCTURE, BY FINALIZING THE TRANSITION OF RESPONSIBILITIES TO THE EXECUTIVE DIRECTOR, AND HIRE A PROGRAM OFFICER, AND A COMMUNICATIONS ASSOCIATE. WE ALSO DEVELOPED A MORE ROBUST STRATEGIC AND DEVELOPMENT PLAN TO LOOK FORWARD TO THE GROWTH OF THE FOUNDATION IN 3 THE NEXT YEARS. THE FOUNDATION ALSO DEVELOPED A GRANTMAKING GUIDELINE WITH A FOCUS ON SUPPORTING EMERGING ORGANIZATIONS OUTSIDE THE SAN JUAN AREA, WHO NEED TO BUILD THEIR OWN INFRASTRUCTURE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sara Benitez President | Officer | 5 | $0 |
Elba Montalvo President | Officer | 5 | $0 |
Gladys Carrion Member | Officer | 5 | $0 |
Irma Lugo Nazario Member | Officer | 5 | $0 |
Marta Elsa Fernandez Pabellon Member | Officer | 5 | $0 |
Digna Sanchez Member | Officer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $420,048 |
| Investment income | $195 |
| 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 | $420,243 |
| Statement of Expenses | |
|---|---|
| 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. | $88,788 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $986 |
| Payroll taxes | $5,596 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,681 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $41,302 |
| Advertising and promotion | $428 |
| Office expenses | $6,063 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $4,422 |
| 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 | $0 |
| Insurance | $3,521 |
| All other expenses | $0 |
| Total functional expenses | $207,627 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $217,412 |
| Savings and temporary cash investments | $5,000 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $150,000 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $373,862 |
| Accounts payable and accrued expenses | $9,300 |
| 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 | $687 |
| Total liabilities | $9,987 |
| Net assets without donor restrictions | $298,695 |
| Net assets with donor restrictions | $65,180 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $363,875 |