Roberto Carcelen Foundation
- Assets
- $11.3k
- Revenue
- $211.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Seattle, WA
- Founding
- 06/2015
- Data as of
- 12/2021
- EIN
- 47-1025316
Organization Overview
Roberto Carcelen Foundation is located in Seattle, WA. The organization was established in 2015. According to its NTEE Classification (Q30) the organization is classified as: International Development, 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. Roberto Carcelen Foundation 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 12/2021, Roberto Carcelen Foundation generated $211.2k in total revenue. All expenses for the organization totaled $198.6k during the year ending 12/2021. While expenses have increased by 748.6% per year over the past 2 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
THE ROBERTO CARCELEN FOUNDATION AIMS TO PROVIDE CHILDREN FROM LATIN AMERICA THE ABILITY TO ACHIEVE LONG LASTING CHANGE IN THEIR LIVES AND COMMUNITIES THROUGH EDUCATION IN TECHNOLOGY, ENGLISH PROFICIENCY AND OLYMPIC SPORTS VALUES. WE BELIEVE EDUCATION IS THE KEY TO A LIFETIME OF SUCCESS AND THE ERADICATION OF POVERTY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COORDINATED AVAILABILITY OF 20 YOUTH FROM THE LATINO COMMUNITY IN THE MOUNT VERNON SCHOOL DISTRICT TO ATTEND STEM WORKSHOPS. THESE WORKSHOPS WERE TAILORED FOR YOUNG KIDS TO GET THEM EXCITED ABOUT SCIENCES WITH TOPICS RANGING FROM: ELECTRICITY AND MAGNETISM, LIGHT MANIPULATION, SIMPLE MACHINES AND FUN GAMES WITH GRAVITY
SCHOLARSHIPS TO LOW-INCOME YOUTH TO CONTINUE EDUCATION IN COMPUTER SCIENCE. IMPLEMENTED SCHOLARSHIP PROGRAM FOR DISADVANTAGED YOUTH TO CONTINUE AND FINISH STUDIES FOR COMPUTER SCIENCE AT SUPERIOR LEVEL IN LIMA, PERU.
IMPLEMENTATION OF YEP PROGRAM (YOUTH EMPOWERMENT PROGRAM) TO PROVIDE FREE EDUCATION IN 'WEB AND MOBILE DEVELOPMENT' FOR 90 YOUNG ADULTS IN WEST PALM BEACH, FL, MT. VERNON, WA AND PATERSON, NEW JERSEY. THE YEP PROGRAM ALSO UTILIZES A BROAD NETWORK OF IT PROFESSIONALS TO PROVIDE MENTORSHIP AND GUIDANCE SERVICES TO ALL YOUTH THAT ATTEND THESE.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marcelo Freire Co-Founder | OfficerTrustee | 15 | $19,310 |
Roberto Carcelen Co-Founder | OfficerTrustee | 15 | $19,310 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,219 |
| 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 | $211,237 |
| Statement of Expenses | |
|---|---|
| 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. | $38,621 |
| 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 | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $159,972 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $198,593 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,286 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $11,286 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $11,286 |
| 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 |
| Total liabilities and net assets/fund balances | $11,286 |