Foundation For Puerto Rico Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 4,267,591 | 7,804,270 | −3,536,679 | 3.9 | 26% |
| 2020 | 5,218,626 | 5,972,674 | −754,048 | 3.7 | 42% |
| 2021 | 7,478,799 | 7,301,165 | 177,634 | 3.4 | 42% |
| 2022 | 6,329,800 | 4,635,720 | 1,694,080 | 9.8 | 60% |
| 2023 | 4,333,453 | 4,622,360 | −288,907 | 9.0 | 60% |
In its most recent public year (2023), this organization spent $288,907 more than it brought in. Its reserves stood at about 9 months of spending, up from 3.9 in 2019. Staff pay was 60% of spending. $1,308,675 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works