Universidad Del Sagrado Corazon Inc is located in San Juan, PR. The organization was established in 1969. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, under the broad grouping of Education and related organizations. As of 06/2024, Universidad Del Sagrado Corazon Inc employed 935 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Universidad Del Sagrado Corazon Inc 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 06/2024, Universidad Del Sagrado Corazon Inc generated $50.4m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 5.6% each year. All expenses for the organization totaled $48.1m during the year ending 06/2024. While expenses have increased by 5.7% per year over the past 4 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
THE UNIVERSIDAD DEL SAGRADO CORAZON (SAGRADO) IS AN INDEPENDENT, NONPROFIT, CATHOLIC UNIVERSITY, COMMITTED TO THE EDUCATION OF THE WHOLE PERSON THROUGH STRONG FOUNDATION IN THE LIBERAL ARTS. SAGRADO IS PART OF PUERTO RICOS OLDEST PRIVATE, CONTINUING EDUCATIONAL PROJECT AND IS DEFINED BY A DEEPLY HELD MISSION THAT REFLECTS A DOUBLE COMMITMENT TO SOLIDARITY. THE FIRST PART OF THE MISSION STATES THAT WE SEEK TO EDUCATE PERSONS IN INTELLECTUAL FREEDOM AND MORAL CONSCIENCE. SAGRADO AIMS TO EDUCATE PERSONS, EACH IN HIS OR HER OWN INDIVIDUALITY AND WHOLENESS, TO DEVELOP THEIR OWN JUDGEMENT AND EXERCISE THEIR OWN ETHICAL RESPONSIBILITY. THE SECOND PART STATES THAT SAGRADO EDUCATES PERSONS WHO ARE WILLING TO PARTICIPATE IN THE CONSTRUCTION OF A MORE AUTHENTICALLY CHRISTIAN PUERTO RICAN SOCIETY, DEFINED AS A COMMUNITY OF SOLIDARITY IN JUSTICE AND PEACE. SAGRADOS ACADEMIC PROGRAMS AIM TO ACHIEVE THE MISSION OF DOUBLE SOLIDARITY WITHIN THE CONTEXT OUTLINED BY THE VISION OF THE WORLD AS THE CLASSRO
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE OFFER 29 UNDERGRADUATE BACHELORS DEGREES AND 9 GRADUATE DEGREE PROGRAM WITHIN 5 ACADEMIC PROGRAMS: (A) THE FERR RANGEL SCHOOL OF COMMUNICATION, (B) THE SCHOOL OF ARTS, DESIGN AND CREATIVE INDUSTRIES, (C) SAGRADO'S BUSINESS SCHOOL, (D) THE SCHOOL OF HEALTH AND SCIENCES. AT THIS TIME THERE ARE 51 MINOR CONCENTRATIONS AND (E) THE GENERAL EDUCATION SCHOOL. ALL OF THE UNDERGRADUATE AND GRADUATE PROGRAMS HAVE BEEN APPROVED BY THE STATE LICENSING AUTHORITY THE BOARD OF POSTSECUNDARY INSTITUTIONS (IN SPANISH JUNTA DE INSTITUCIONES POSTSECUNDARIAS) AND THE UNIVERSITY IS ACCREDITED BY THE MIDDLE STATES COMMISSION ON HIGHER EDUCATION. VARIOUS ACADEMIC PROGRAMS ALSO HAVE THEIR PROFESSIONAL ACCREDITATION. HTTPS://WWW.SAGRADO.EDU/EN/ACCREDITATIONS/.
THE OFFICE OF ENROLLMENT MANAGEMENT PROVIDES FINANCIAL ASSISTANCE SERVICES, INCLUDING COUNSELING ON STATE AND FEDERAL FINANCIAL AID PROGRAMS. THE SAGRADO SCHOLARSHIP PROGRAM OFFERS SUPPLEMENTAL AID FOR STUDY-RELATED EXPENSES NOT COVERED BY PELL GRANTS, SUPPORTING STUDENTS' ACADEMIC, PERSONAL, AND PROFESSIONAL GROWTH. THIS PROGRAM INCLUDES CONTINUITY SCHOLARSHIPS, ANNUAL SCHOLARSHIPS, AND THE SAGRADO ACHIEVERS HONOR & PERSISTENCE INCENTIVE. ATHLETIC SCHOLARSHIPS SUPPORT STUDENT-ATHLETES WHO MEET ACADEMIC AND ATHLETIC REQUIREMENTS, WHICH CAN BE COMBINED WITH OTHER SCHOLARSHIPS. SAGRADO PROVIDES MULTIPLE RESIDENCE HALLS STAFFED 24/7 DURING ACADEMIC TERMS, WITH ACCOMMODATIONS AVAILABLE FOR STUDENTS WITH FUNCTIONAL DIVERSITY. CAMPUS SECURITY MAINTAINS A SAFE ENVIRONMENT BY MANAGING SECURITY PROTOCOLS AND EMERGENCY INFORMATION. PARKING PERMITS ARE AVAILABLE FOR REGISTERED VEHICLES, WITH ADHERENCE TO CAMPUS REGULATIONS. OPERATIONS MANAGE DINING OPTIONS IN THE STUDENT CENTER, BARAT SUR CAFETERIAS, AND CAF SAGRADO IN THE LIBRARY. THE PEDAGOGICAL INNOVATION UNIT SUPPORTS FACULTY WITH INSTRUCTIONAL DESIGN, TECHNOLOGY INTEGRATION, AND TRAINING IN EFFECTIVE METHODOLOGIES, OFFERING COLLABORATIVE WORKSPACES. THE INTEGRATED COMPUTING AND TECHNOLOGY UNIT ALSO MANAGES INSTITUTIONAL SYSTEMS AND IT RESOURCES.
SAGRADO ENHANCES STUDENTS' ACADEMIC EXPERIENCE WITH VARIOUS CO-CURRICULAR RESOURCES AND FACILITIES. THE MADRE MARIA TERESA GUEVARA LIBRARY IS A MODERN LEARNING COMMONS OFFERING RESEARCH SUPPORT, TECHNOLOGY, AND COLLABORATIVE SPACES FOR KNOWLEDGE EXCHANGE ALIGNED WITH GENERAL EDUCATION. THE COMMUNICATION CENTER PROVIDES STATE-OF-THE-ART FACILITIES FOR HANDS-ON LEARNING IN MULTIMEDIA PRODUCTION, WITH RESOURCES ACCESSIBLE TO THE ENTIRE ACADEMIC COMMUNITY. THE CENTER FOR COLLABORATIVE INNOVATION (NEEUKO) SUPPORTS STUDENT ENTREPRENEURSHIP THROUGH AN IDEA LAB, FABLAB, AND CONSULTING SERVICES, EMPHASIZING SUSTAINABLE, IMPACTFUL PROJECTS. THE BIOLOGY LEARNING CENTER (CRAB) IS EQUIPPED WITH ADVANCED LABS AND RESOURCES, ENHANCING SCIENCE EDUCATION. ELEMENT 360 AND ENTREMEDIOS OFFER PRACTICAL COMMUNICATION, MARKETING, AND JOURNALISM TRAINING ENVIRONMENTS, CONNECTING STUDENTS WITH REAL CLIENTS AND MEDIA PLATFORMS. THE COMMUNITY LIAISON UNIT AND ART GALLERY ENGAGE STUDENTS IN COMMUNITY OUTREACH AND ARTISTIC EXPRESSION, PROVIDING EXHIBITION SPACES. SPECIALIZED LABORATORIES ACROSS CAMPUS INCLUDE FACILITIES FOR VARIOUS DISCIPLINES, FROM LANGUAGE LABS TO ADVANCED SCIENCE, DESIGN, AND MULTIMEDIA STUDIOS. MULTIMEDIOS AND THE TELERADIAL UNIT OFFER REAL-WORLD PRODUCTION EXPERIENCES, ALLOWING STUDENTS TO CREATE CONTENT FOR MULTIPLE MEDIA OUTLETS. FINALLY, THE EMILIO S. BELAVAL THEATER AND EXPERIMENTAL THEATER SUPPORT LIVE PERFORMANCES, EDUCATIONAL EVENTS, AND STUDENT PRODUCTIONS. THIS CO-CURRICULAR ECOSYSTEM PROMOTES PRACTICAL LEARNING, CREATIVITY, AND COMMUNITY ENGAGEMENT ACROSS DISCIPLINES.
SAGRADO OFFERS COMPREHENSIVE SUPPORT SERVICES TO FOSTER STUDENTS' ACADEMIC AND PERSONAL DEVELOPMENT. THE ATHLETIC PROGRAM SUPPORTS MEN'S AND WOMEN'S TEAMS IN SPORTS SUCH AS VOLLEYBALL, BASKETBALL, SOCCER, AND SWIMMING AS PART OF THE INTERCOLLEGIATE ATHLETIC LEAGUE (LAI), PROMOTING PHYSICAL, MENTAL, AND ACADEMIC GROWTH. STUDENT ADVISORY SERVICES INCLUDE ACADEMIC ADVISING, WHICH GUIDES STUDENTS ON STUDY PLANS, TUTORING, INTERNSHIPS, AND FINANCIAL AID; EQUITY & ACCESSIBILITY, WHICH PROVIDES INDIVIDUALIZED SUPPORT FOR STUDENTS REQUIRING ACCOMMODATIONS; FINANCIAL COUNSELING, WHICH ASSISTS WITH BUDGETING, SCHOLARSHIPS, AND FAFSA; CAREER COUNSELING, WHICH PREPARES STUDENTS FOR PROFESSIONAL GROWTH; AND MOBILITY ADVISING, WHICH SUPPORTS STUDENT EXCHANGES, STUDY ABROAD, AND INCLUDES A PEACE CORPS PREP PROGRAM. STUDENT SUPPORT PROGRAMS SUCH AS PAE, A FEDERALLY FUNDED TRIO INITIATIVE, OFFER COUNSELING, ACADEMIC SUPPORT, AND SCHOLARSHIPS FOR OVER 600 ELIGIBLE STUDENTS. THE ABILITIES+ TRIO PROGRAM SERVES STUDENTS WITH DISABILITIES, PROVIDING EDUCATIONAL SUPPORT, ACCOMMODATIONS, AND TUTORING. THE CENTER FOR PROFESSIONAL AND INTERNATIONAL EXPERIENCES (CEPI) COMBINES SAGRADO CAREERS AND SAGRADO INTERNATIONAL TO OFFER CAREER DEVELOPMENT AND STUDY-ABROAD OPPORTUNITIES. THE SOPHIA CENTER IS A FAITH-BASED CENTER THAT PROMOTES SOCIAL JUSTICE, SPIRITUAL GROWTH, AND COMMUNITY ENGAGEMENT, OFFERING THEOLOGY, VOLUNTEERISM, AND PSYCHO-SPIRITUAL SUPPORT PROGRAMS. SAGRADO UPHOLDS INCLUSIVITY AND DOES NOT REQUIRE RELIGIOUS PARTICIPATION WHILE RESPECTFULLY HONORING ITS CATHOLIC IDENTITY THROUGH EXPRESSIONS OF FAITH AND VALUES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Gilberto J Marxuach Torros President | Officer | 40 | $350,600 |
Anuchka Ramos Ruiz Provost | Trustee | 40 | $169,725 |
Camelia C Fernandez Romeu VP Human Res | Trustee | 40 | $164,350 |
Raul Rosado Pagan Cio | Officer | 40 | $137,600 |
Antonio J Tejera Rocafort CFO | Officer | 40 | $129,577 |
Sara E Tolosa Ramirez VP - Dev. & | Trustee | 40 | $127,450 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Triple S Insurance | 6/29/24 | $1,442,015 |
St James Security Services Llc Security | 6/29/24 | $881,802 |
Antilles Cleaning Servicesfuler Gro Cleaning Serv | 6/29/24 | $829,532 |
Business Intelligence It | 6/29/24 | $651,876 |
De La Cruz & Associates Inc Advertising | 6/29/24 | $515,990 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $72,646 |
Related organizations | $0 |
Government grants | $5,338,818 |
All other contributions, gifts, grants, and similar amounts not included above | $1,281,117 |
Noncash contributions included in lines 1a–1f | $8,157 |
Total Revenue from Contributions, Gifts, Grants & Similar | $6,692,581 |
Total Program Service Revenue | $36,467,863 |
Investment income | $523,602 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$223,690 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $50,393,182 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $1,682,849 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $2,644,886 |
Compensation of current officers, directors, key employees. | $2,644,886 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $17,233,707 |
Pension plan accruals and contributions | $1,173,582 |
Other employee benefits | $1,442,406 |
Payroll taxes | $1,804,256 |
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 | $4,847,778 |
Advertising and promotion | $747,879 |
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 | $660,100 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $4,527,042 |
Insurance | $793,734 |
All other expenses | $0 |
Total functional expenses | $48,099,959 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $4,979,416 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $2,893,405 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $580,251 |
Prepaid expenses and deferred charges | $760,991 |
Net Land, buildings, and equipment | $42,262,638 |
Investments—publicly traded securities | $25,036,647 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $477,453 |
Total assets | $76,990,801 |
Accounts payable and accrued expenses | $6,409,507 |
Grants payable | $0 |
Deferred revenue | $2,551,719 |
Tax-exempt bond liabilities | $13,755,373 |
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 | $6,005,335 |
Total liabilities | $28,721,934 |
Net assets without donor restrictions | $31,742,309 |
Net assets with donor restrictions | $16,526,558 |
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 | $76,990,801 |
Organization Name | Assets | Revenue |
---|---|---|
Pontifical Catholic University Of Puerto Rico Ponce, PR | $162,858,216 | $84,564,750 |
Universidad Del Sagrado Corazon Inc San Juan, PR | $76,990,801 | $50,393,182 |
Carlos Albizu University San Juan, PR | $56,696,168 | $44,378,144 |
Universidad Politecnica De Puerto Rico Inc San Juan, PR | $114,324,124 | $53,544,773 |
Edp University Of Puerto Rico Inc San Juan, PR | $27,207,943 | $37,208,893 |
Fundacion Para El Desarollo Del Hogar Propio Inc Caguas, PR | $20,657,259 | $27,669,885 |