Federacion Puertorriquena De Futbol is located in San Juan, PR. According to its NTEE Classification (N65) the organization is classified as: Football, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, Federacion Puertorriquena DE Futbol employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Federacion Puertorriquena DE Futbol is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
REGULATION AND DEVELOPMENT OF SOCCER IN PUERTO RICO.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATIONAL COSTS AND DEVELOPMENT PROGRAMS FROM FIFA
DEVELOPMENT FROM CONCACAF
DEVELOPMENT CFU
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $96,384 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $2,518,427 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $2,614,811 |
Total Program Service Revenue | $0 |
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 | $3,226,567 |
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. | $550,038 |
Compensation of current officers, directors, key employees. | $313,295 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $936,172 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $153,216 |
Fees for services: Legal | $65,572 |
Fees for services: Accounting | $17,294 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $396,558 |
Advertising and promotion | $96,830 |
Office expenses | $89,561 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $651,089 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $839,257 |
Interest | $1,000 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $6,785 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $3,803,372 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $127,547 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $9,898 |
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 | $27,139 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $164,584 |
Accounts payable and accrued expenses | $195,894 |
Grants payable | $150,000 |
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 | $345,894 |
Net assets without donor restrictions | -$231,787 |
Net assets with donor restrictions | $50,477 |
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 | $164,584 |
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