Fundacion Teleton Usa
- Assets
- $18.2m
- Revenue
- $4.6m
- Investments
- $0.0
- Employees
- 0
- Location
- San Antonio, TX
- Founding
- 02/2003
- Data as of
- 12/2022
- EIN
- 45-0488990
Organization Overview
Fundacion Teleton Usa is located in San Antonio, TX. The organization was established in 2003. According to its NTEE Classification (Q11) the organization is classified as: Single Organization Support, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fundacion Teleton USA 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, Fundacion Teleton USA generated $4.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (13.1%) each year. All expenses for the organization totaled $6.5m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (10.8%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Fundacion Teleton USA has awarded 11 individual grants totaling $14,535,147. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
RAISING CRITICAL FUNDS AND AWARENESS TO INSPIRE A MORE INCLUSIVE, ACCEPTING WORLD FOR CHILDREN WITH DISABILITIES AND THEIR FAMILIES WHILE EMPOWERING THEM TO LIVE THEIR LIVES TO THE FULLEST POTENTIAL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ONE OF THE MAIN PURPOSES OF THE ORGANIZATION IS TO PROMOTE SOCIAL CONSCIOUSNESS AND INFORM THE PUBLIC ON WHAT CHILDREN WITH DISABILITIES GO THROUGH AND TO HELP THEM ACCOMPLISH THEIR DREAMS THROUGH AN ADEQUATE PSYCHOLOGICAL ASSISTANCE AND PHYSICAL REHABILITATION. REGARDING THE ORGANIZATION'S PROGRAM SERVICES ACCOMPLISHMENTS FOR EACH OF OUR TWO LARGEST PROGRAM SERVICES, WE CAN MENTION THE FOLLOWING: 1) WITH THE PROCEEDS FROM THE FOREGOING TELETON EVENT, FUNDACION TELETON USA FINANCED THE BUILDING AND OPERATIONS OF THE CHILDREN'S REHABILITATION INSTITUTE OF TELETON USA IN SAN ANTONIO, TEXAS. THIS REHABILITATION CENTER IS SERVICING PATIENTS WITH PHYSICAL DISABILITIES, SUCH AS MILD AND SEVERE CEREBRAL PALSY; SPINAL CORD DISORDERS-ACQUIRED; SPINAL CORD INJURY; NEUROMUSCULAR DISEASES-MUSCULAR DYSTROPHY; CONGENIAL SKELETAL DEFICIENCIES-ACQUIRED; AMPUTATIONS-BONE AND JOINT DISEASES; GENETIC AND CONGENITAL DISORDERS; AND NEW BORN WITH NEUROLOGICAL DISORDERS RISK FACTORS. 2). THE ORGANIZATION ALSO DONATED USE OF FACILITIES VALUED AT $897,398.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rossana Corona Romo Treasurer | Officer | 10 | $0 |
Federica Soriano Program Development Officer | Officer | 10 | $0 |
Carlos Dovalina Blanco Assistant Treasurer | Officer | 10 | $0 |
Guillermo Valdes Garcia Secretary | Officer | 10 | $0 |
Maria Cristina Prieto Corporate Sponsorship Officer | Officer | 10 | $0 |
Pedro Fernando Landeros Verdugo President | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Univision Communications Inc Production/teleton Event | 12/30/22 | $1,635,258 |
Longko Productions Llc Professional Services | 12/30/22 | $146,520 |
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 | $4,479,630 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,479,630 |
| Total Program Service Revenue | $0 |
| Investment income | $113,753 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $29,030 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,622,413 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,024,312 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $51,945 |
| Fees for services: Accounting | $37,047 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $26,239 |
| Fees for services: Other | $789 |
| Advertising and promotion | $46,129 |
| Office expenses | $0 |
| Information technology | $77,569 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $123,760 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $21,529 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $352,961 |
| Insurance | $30,127 |
| All other expenses | $0 |
| Total functional expenses | $6,467,503 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $496,040 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $145,000 |
| Accounts receivable, net | $414,941 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $113,748 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $12,045,780 |
| Investments—publicly traded securities | $5,005,477 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $18,220,986 |
| Accounts payable and accrued expenses | $2,153,965 |
| Grants payable | $170,000 |
| 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 | $6,132 |
| Total liabilities | $2,330,097 |
| Net assets without donor restrictions | $15,890,889 |
| Net assets with donor restrictions | $0 |
| 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 | $18,220,986 |
Grants Awarded
Over the last fiscal year, Fundacion Teleton Usa has awarded $3,024,312 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
SISTEMA INFANTIL TELETON USA PURPOSE: Support for Operations | $2,873,000 |
VALERO ENERGY FOUNDATION PURPOSE: Contribution | $151,312 |