Riovena Foundation Inc
- Assets
- $19.1k
- Revenue
- $32.5k
- Investments
- $0.0
- Employees
- 0
- Location
- San Juan, PR
- Founding
- 11/2017
- Data as of
- 06/2024
- EIN
- 66-0736063
Organization Overview
Riovena Foundation Inc is located in San Juan, PR. The organization was established in 2017. According to its NTEE Classification (M20) the organization is classified as: Disaster Preparedness & Relief Services, under the broad grouping of Public Safety, Disaster Preparedness & Relief and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Riovena Foundation 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 06/2024, Riovena Foundation Inc generated $32.5k in total revenue. All expenses for the organization totaled $26.5k during the year ending 06/2024.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
SPONSORSHIP FOR ENTREPRENEURSHIP
SPONSORSHIP OF SOCIAL SERVICES
SPONSORSHIP FOR EDUCATIONAL SERVICES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jorge L Rodriguez President | 2 | $0 | |
Douglas Garrote Vice Preside | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $32,500 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $32,500 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $53 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $538 |
| Total operating and administrative expenses | $4,022 |
| Contributions, gifts, grants paid | $22,500 |
| Total expenses and disbursements | $26,522 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $19,089 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $19,089 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Riovena Foundation Inc has awarded $22,500 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
ENTERPRIZE EVENTS PURPOSE: ENTREPRENEURSHIP GRANT | $10,000 |
MUSEO DE ARTE DE PR PURPOSE: EDUCATIONAL SERVICES | $7,500 |
BANCO POPULAR DE PUERTO RICO PURPOSE: EDUCATIONAL GRANT | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ayuda Legal Puerto Rico Inc San Juan, PR | $2,234,835 | $1,335,901 |
Fundacion Triple-S Inc San Juan, PR | $2,842,079 | $198,764 |
Resilient Power Puerto Rico Inc San Juan, PR | $247,603 | $0 |
Asociacion De Communidades Unidas Tomando Accion Solidaria Inc Toa Baja, PR | $285,162 | $135,676 |
Viequeslove Vieques, PR | $252,647 | $116,467 |
Sistema Organizado De Servicios De Puerto Rico Inc Mayaguez, PR | $7,417 | $0 |
New Dawn Puerto Rico Ministry Rincon, PR | $2,349 | $0 |
Riovena Foundation Inc San Juan, PR | $19,089 | $32,500 |
Slice Of Good Corp San Juan, PR | $17,858 | $0 |
Somebody Cares Puerto Rico Center Anasco, PR | $28,349 | $0 |
Dorado Cares Inc Dorado, PR | $0 | $0 |
Fundacion Jeda Group Inc Ponce, PR | $0 | $0 |