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.
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 |
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 |
Organization Name | Assets | Revenue |
---|---|---|
Angel De La Guarda Inc San Sebastian, PR | $709,166 | $1,302,972 |
Central De Desarrollo Educativo Deportivo Inc Moca, PR | $860,445 | $1,064,851 |
Centro De Cuidado Diurno Habacuc Anasco, PR | $983,545 | $1,218,249 |
Childrens Zone Inc Urb Forest View Bayamon, PR | $357,804 | $736,525 |
Heavenly Kids Inc Ponce, PR | $542,816 | $1,067,753 |
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 |