Caras Of The Americas
- Assets
- $2.1m
- Revenue
- $765.2k
- Investments
- $0.0
- Employees
- 34
- Location
- San Juan, PR
- Founding
- 03/2007
- Data as of
- 06/2021
- EIN
- 42-1628144
Organization Overview
Caras Of The Americas, operating under the name Caras Con Causa, is located in San Juan, PR. The organization was established in 2007. According to its NTEE Classification (Q20) the organization is classified as: Promotion of International Understanding, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 06/2021, Caras Con Causa employed 34 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Caras Con Causa 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 06/2021, Caras Con Causa generated $765.2k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 33.4% each year . All expenses for the organization totaled $665.6k during the year ending 06/2021. While expenses have increased by 32.2% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
CARAS OF THE AMERICAS WAS FORMED TO PROMOTE INTERNATIONAL COLLABORATION AND EXCHANGE AMONG ALL PEOPLE OF THE WESTERN HEMISPHERE; TO PROMOTE GRASSROOTS DEVELOPMENT; TO CONTRIBUTE TO THE IMPROVED PROVISION OF THE EDUCATION AND HEALTH SERVICES; TO ENCOURAGE CIVIC PARTICIPATION AND PROGRESS; TO EMPOWER THROUGH LEARNING. ALSO ESCUELA CON CAUSA EPA-RCM LLC WAS CREATED TO OPERATE A GRADE 6 THROUGH GRADE 12 PUBLIC-SCHOOL ROSALINA C. MARTINEZ (RCM), A SCHOOL WITHIN THE PUBLIC EDUCATION SYSTEM OF THE PUERTO RICO DEPARTMENT OF EDUCATION (THE DEPARTMENT), LOCATED IN THE AMELIA COMMUNITY OF GUAYNABO. RCM IS BEING OPERATED BY THE SCHOOL PURSUANT TO THE PUBLIC SCHOOLS ALLIANCE PROGRAM (KNOWN AS "ESCUELAS PUBLICAS ALIANZAS" IN SPANISH) ESTABLISHED BY ACT NO. 85 OF MARCH 29, 2018 (ACT NO. 85-2018) AS AMENDED, KNOWN AS THE ACT FOR THE EDUCATIONAL REFORM OF PUERTO RICO.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION SERVICES: WE CONTINUED TO COORDINATE AFTERSCHOOL PROGRAMS FOR UNDERPRIVILEGED CHILDREN TO PROVIDE IMPROVED PROVISIONS OF THE EDUCATION SERVICES. WE SERVED OVER SEVERAL CHILDREN AND THEIR FAMILIES MONDAY THROUGH FRIDAY. DURING THE COVID 19 PANDEMIC, WE CONTINUED PROVIDING SUCH SERVICES. WE OFFER ACADEMIC TUTORING, ARTS, CRAFTS, SPORTS, MENTORING,COLLEGUE PREP,ETC. AMONG OUR ACCOMPLISHMENTS IS THAT ALL OUR STUDENTS PASSED TO THE NEXT LEVEL, AWE PROVIDED MORE THAN 2,000 TUTIRNG HOURS, OVER 1,300 ECOLOGY CONTACT HOURS. ALSO, WE DELIVERED APPROXIMATELY 1,400 FOOD AND PLANTED AROUND 800 TREE.
WITH THE RAICES URBANAS PROJECT, WE CONTINUED THE NURSERY AND PLANTING SEVERAL HUNDRED TREES WITH STUDENTS IN THE NEIGHBORHOOD FOREST.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Edgardo Medina Finance Coordinator | Officer | 40 | $0 |
Michael Fernandez Director | Officer | 40 | $0 |
Dahianes Torres Educational Program Director | Officer | 40 | $0 |
Luis Pizarro Vice-President | Trustee | 1 | $0 |
Alberto Mercado President | Trustee | 5 | $0 |
Sabrina Nazor Secretary | Trustee | 1 | $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 | $765,235 |
| Noncash contributions included in lines 1a–1f | $98,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $765,235 |
| Total Program Service Revenue | $0 |
| 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 | $765,235 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $269,442 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $12,775 |
| Payroll taxes | $42,799 |
| Fees for services: Management | $20,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,441 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $81,158 |
| Advertising and promotion | $15 |
| Office expenses | $66,875 |
| Information technology | $14,663 |
| Royalties | $0 |
| Occupancy | $48,001 |
| Travel | $0 |
| 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 | $29,989 |
| Insurance | $18,883 |
| All other expenses | $0 |
| Total functional expenses | $665,620 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,837,108 |
| Pledges and grants receivable | $105,000 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $57,581 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $7,220 |
| Net Land, buildings, and equipment | $76,990 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,083,899 |
| Accounts payable and accrued expenses | $55,069 |
| 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 | $143,200 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $383,112 |
| Total liabilities | $581,381 |
| Net assets without donor restrictions | $1,315,718 |
| Net assets with donor restrictions | $186,800 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,083,899 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Caras Of The Americas has recieved totaling $95,000.
| Awarding Organization | Amount |
|---|---|
Globalgiving Foundation Inc Washington, DC PURPOSE: FUNDS RAISED BY GLOBALGIVING AND DISBURSED TO MEET DONOR EXPECTATIONS | $50,000 |
Hispanic Federation Inc New York, NY PURPOSE: Coalicion de Residentes Vivienda | $45,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hospital Menonita Caguas Inc Cidra, PR | $169,418,501 | $113,843,157 |
Salud Integral En La Montana Inc Naranjito, PR | $119,086,273 | $106,337,219 |
Migrant Health Center Mayaguez, PR | $87,969,112 | $107,297,310 |
Hospital De La Concepcion Inc San German, PR | $118,926,388 | $92,905,006 |
Hospital Damas Inc Ponce, PR | $56,244,610 | $73,414,103 |
Presbyterian Community Hospital Inc San Juan, PR | $49,406,530 | $70,919,559 |
Pontifical Catholic University Of Puerto Rico Ponce, PR | $161,066,580 | $97,269,712 |
Cossma Inc Cidra, PR | $107,333,150 | $66,362,775 |
Neomed Center Inc Gurabo, PR | $65,808,264 | $60,486,712 |
Hospital Menonita Guayama Inc Cidra, PR | $149,499,387 | $86,573,108 |
Hpm Foundation Inc San Juan, PR | $29,670,863 | $56,807,836 |
Ryder Memorial Hospital Inc Humacao, PR | $33,920,487 | $48,860,156 |