Regalos De Amor Inc
- Assets
- $65.0k
- Revenue
- $282.2k
- Investments
- $0.0
- Employees
- 8
- Location
- Hormigueros, PR
- Founding
- 07/2005
- Data as of
- 09/2022
- EIN
- 66-0600037
Organization Overview
Regalos De Amor Inc is located in Hormigueros, PR. The organization was established in 2005. According to its NTEE Classification (P33) the organization is classified as: Child Day Care, under the broad grouping of Human Services and related organizations. As of 09/2022, Regalos DE Amor Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Regalos DE Amor 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 09/2022, Regalos DE Amor Inc generated $282.2k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 10.2% each year . All expenses for the organization totaled $245.9k during the year ending 09/2022. While expenses have increased by 5.2% per year over the past 3 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
DAY CARE CHILD CARE FOR INFANTS FOR FAMILIES OF LOW INCOME FROM THE DEPARTMENT OF FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ALL THE EXPENSES ARE FOR THE PERFORMANCE OF THE CENTER SALARIES,PAYROLL TAXES,RENT, FOOD,UITLITIES,MATERIAL,PROFESIONAL SERVICES ETC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daisy E Sanchez Cruz President | Officer | 15 | $0 |
Carmen Alverio Torres Secretary | Officer | 15 | $0 |
Luz E Rivera Treasurer | Officer | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $44,225 |
| 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 | $44,225 |
| Total Program Service Revenue | $237,970 |
| 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 | $282,195 |
| 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 | $162,812 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $27,627 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,245 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $315 |
| Office expenses | $15,476 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $8,400 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $953 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,247 |
| All other expenses | $0 |
| Total functional expenses | $245,892 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $63,053 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $668 |
| 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 | $1,264 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $64,985 |
| Accounts payable and accrued expenses | $17,265 |
| 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 | $17,265 |
| Net assets without donor restrictions | $0 |
| 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 | $3,489 |
| Retained earnings, endowment, accumulated income, or other funds | $44,231 |
| Total liabilities and net assets/fund balances | $64,985 |
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Tesoritos Daycare & Learning Center Inc Ponce, PR | $776,773 | $757,642 |
Titi Millie Day Care Inc Guanica, PR | $92,810 | $318,661 |
Castillo De Angeles Inc Canovanas, PR | $91,417 | $342,769 |
Centro De Cuidado Diurno Mundo Infantl Inc Mayaguez, PR | $45,469 | $263,897 |
Centro De Cuidado Diurno Sueno Infantil Inc San Lorenzo, PR | $152,995 | $246,640 |
Regalos De Amor Inc Hormigueros, PR | $64,985 | $282,195 |
Academia El Principito Inc Hormigueros, PR | $49,697 | $221,689 |
Centro De Servicios Maria De Los Angeles Inc San Juan, PR | $245,945 | $0 |
Centro De Cuidado De Ninos Caritas Felices Inc Ponce, PR | $63,464 | $117,425 |