Colombia Progresa Corporation

Organization Overview

Colombia Progresa Corporation is located in Bethesda, MD. The organization was established in 2003. According to its NTEE Classification (B92) the organization is classified as: Remedial Reading & Encouragement, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Colombia Progresa Corporation 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 12/2023, Colombia Progresa Corporation generated $433.0k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 20.7% each year . All expenses for the organization totaled $493.4k during the year ending 12/2023. While expenses have increased by 19.8% per year over the past 9 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

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO SUPPORT ORGANIZATIONS THAT PROVIDE EDUCATION, NUTRITION AND EXTRACURRICULAR ACTIVITIES TO POOR CHILDREN IN COLOMBIA

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVISION OF RESOURCES FOR INFRASTRUCTURE IMPROVEMENTS, NEW EQUIPMENT FOR CLASSROOMS,FURNITURE,EQUIPMENT AND APPLIANCES


TO FINANCE ACADEMIC SCHOLARSHIPS, SCHOOL SUPPLIES, PHYSICAL THERAPY AND REHABILITATION PROGRAMS, CLOTHING AND SUBSIDIZED MEALS TO DISADVANTAGED YOUTH IN COLOMBIA.


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Board, Officers & Key Employees

Name (title)Compensation
Maria Casas
Member
$0
Ilse Fernandez
Member
$0
Rocio Florez
Member
$0
Myriam Pero
Secretary
$0
Beatriz Fernandez
President
$0
Cecilia Rivera-Casale
Treasurer
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$434,203
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$434,203
Total Program Service Revenue$0
Investment income -$1,253
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 $432,950

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