Corporacion Educativa Ramon Barquin
- Assets
- $10.5m
- Revenue
- $7.4m
- Investments
- $0.0
- Employees
- 244
- Location
- Guaynabo, PR
- Founding
- 05/1986
- Data as of
- 06/2023
- EIN
- 66-0244040
Organization Overview
Corporacion Educativa Ramon Barquin, operating under the name American Military Academy, is located in Guaynabo, PR. The organization was established in 1986. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. As of 06/2023, American Military Academy employed 244 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Military Academy 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 06/2023, American Military Academy generated $7.4m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $7.9m during the year ending 06/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO DEVELOP STUDENTS INTO LEADERS AND INSTILL IN THEM THE SPIRITUAL, DEMOCRATIC AND CIVIC VALUES NECESSARY TO PROMOTE A POSITIVE TRANSFORMATION OF OUR SOCIETY. TO DEVELOP STUDENTS HOLISTICALLY IN AN ENVIRONMENT OF HUMAN DIGNITY AND ACADEMY EXCELLENCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AS AN EDUCATIONAL INSTITUTION THE LARGEST AND PRIMARY EXEMPT PURPOSE ACHIEVEMENT HAS BEEN TO DEVELOP THE LEARNING SKILLS AND SPIRITUAL, DEMOCRATIC AND CIVIC VALUES OF THE PRE-SCHOOL, PRIMARY, ELEMENTARY AND SECONDARY STUDENTS IN ORDER TO BECOME EXCELLENT PROFESSIONALS AND ECOLOGICAL, BIOLOGICAL, PSYCHOLOGICAL AND SOCIAL WELL-BEINGS.
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 |
|---|---|---|---|
Juan C Consuegra Barquin CEO | OfficerTrustee | 40 | $123,300 |
Michelle Alfaro Superintendent | Officer | 40 | $112,058 |
Liliam Barquin Consuegra Cfe/ Trustee | OfficerTrustee | 40 | $105,600 |
Janet M Menendez Comptroller | Officer | 40 | $48,600 |
Teresa Cruz Trustee | Trustee | 1 | $0 |
Vivian Simonet Trustee | Trustee | 40 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
M Group Caribbean Corp Maintenance | 6/29/23 | $105,388 |
Rcmdo Arquitectos Arquitect | 6/29/23 | $482,485 |
Greenscape Inc Outdoors Maintenance | 6/29/23 | $105,388 |
Rafael Garcia Pool Maintenance | 6/29/23 | $115,922 |
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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $6,300,938 |
| Investment income | $333 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $463,267 |
| 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 | $7,433,555 |
| 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. | $389,558 |
| Compensation of current officers, directors, key employees. | $389,558 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,281,972 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $551,514 |
| Fees for services: Management | $249,431 |
| Fees for services: Legal | $19,955 |
| Fees for services: Accounting | $63,189 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $73,824 |
| Office expenses | $195,329 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $38,069 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $316,881 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $618,735 |
| Insurance | $138,278 |
| All other expenses | $63,761 |
| Total functional expenses | $7,878,765 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $296,259 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $109,403 |
| 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 |
| Net Land, buildings, and equipment | $9,916,284 |
| Investments—publicly traded securities | $155,533 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,680 |
| Total assets | $10,484,159 |
| Accounts payable and accrued expenses | $7,486,028 |
| Grants payable | $0 |
| Deferred revenue | $908,087 |
| 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 | $8,394,115 |
| Net assets without donor restrictions | $2,090,044 |
| 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 | $10,484,159 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Corporacion Educativa Ramon Barquin Guaynabo, PR | $10,484,159 | $7,433,555 |
Hogar Ruth Para Mujeres Maltratadas Inc Vega Alta, PR | $5,463,250 | $4,770,533 |
Taller Salud Inc Loiza, PR | $2,562,196 | $2,325,904 |
Hogar De Ancianos El Jardin Del Eden Inc Lajas, PR | $558,854 | $685,323 |
Asociacion Pro Albergue De Animales Inc Mayaguez, PR | $267,926 | $745,020 |
Empresas Apari Cidra, PR | $201,916 | $0 |