Incubadora Microempresa Bieke Inc
- Assets
- $67.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Vieques, PR
- Founding
- 11/2009
- Data as of
- 12/2021
- EIN
- 66-0713442
Organization Overview
Incubadora Microempresa Bieke Inc is located in Vieques, PR. The organization was established in 2009. According to its NTEE Classification (S32) the organization is classified as: Rural Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Incubadora Microempresa Bieke 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 12/2021, Incubadora Microempresa Bieke Inc generated $28.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (13.3%) each year. All expenses for the organization totaled $45.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (11.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
COMMUNITY KITCHEN-CREATED TO HELP PEOPLE FROM VIEQUES ESTABLISH THEIR OWN BUSINESS USIGN THEIR FOOD PREPARATION SKILLS USING ALL SPACE, MATERIALS AND UTENSILS PROVIDED BY THE ENTITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ismael Huggins President | 20 | $0 | |
Carmen N Valencia Treasurer | 20 | $0 | |
Nilda Medina Executive Administrator | 40 | $0 | |
Mercedes Perez Secretary | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $28,700 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $28,700 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $35,605 |
| Occupancy, rent, utilities, and maintenance | $1,379 |
| Printing, publications, postage, and shipping | $250 |
| Other expenses | $4,225 |
| Total expenses | $45,841 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $67,292 |
| Other assets | $0 |
| Total assets | $67,292 |
| Total liabilities | $20,325 |
| Net assets or fund balances | $46,967 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Incubadora Microempresa Bieke Inc has recieved totaling $40,000.
| Awarding Organization | Amount |
|---|---|
National Association For Latino Community Asset Builders San Antonio, TX PURPOSE: Small Business | $25,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Foundation For Puerto Rico Inc San Juan, PR | $4,538,825 | $7,478,799 |
Invest Puerto Rico Inc San Juan, PR | $6,065,059 | $5,251,268 |
Puerto Rico Manufacturing Extension Primex Inc San Juan, PR | $4,194,654 | $4,739,702 |
Colegio De Ingenieros Y Agrimensores De Pr San Juan, PR | $13,652,945 | $4,324,925 |
Asociacion Hecho En Puerto Rico Inc San Juan, PR | $1,590,395 | $1,992,810 |
Enterprize Events Inc San Juan, PR | $481,688 | $1,261,497 |
Colegio De Abogados De P R San Juan, PR | $5,899,659 | $1,701,846 |
Bluetide Puerto Rico Inc San Juan, PR | $5,254,223 | $6,094,144 |
Asociacion Pro Juventud Y Comunidad De Barrio Palmas Inc Catano, PR | $731,312 | $1,497,256 |
Haser Inc San Juan, PR | $1,144,263 | $915,208 |
Corporacion Para El Financiamiento Empresarial Del Comercio Y De Las San Juan, PR | $4,620,577 | $874,892 |
Protechos Inc San Juan, PR | $112,484 | $566,464 |