Cabo Rojo Blooming Economies Inc is located in Sabana Grande, PR. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cabo Rojo Blooming Economies 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 12/2022, Cabo Rojo Blooming Economies Inc generated $112.4k in total revenue. All expenses for the organization totaled $96.4k during the year ending 12/2022.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
HELPS YOUNG PEOPLE IN THE PREVENTION OF ABUSE OF CONTROLLED SUBSTANCES.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Luis Mercado President | 25 | $0 | |
Iris Torres Santiago Secretary | 30 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $112,362 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $16 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $112,378 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $81,500 |
| Occupancy, rent, utilities, and maintenance | $289 |
| Printing, publications, postage, and shipping | $2,261 |
| Other expenses | $12,315 |
| Total expenses | $96,365 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $23,599 |
| Other assets | $0 |
| Total assets | $23,599 |
| Total liabilities | $0 |
| Net assets or fund balances | $23,599 |