Fundacion Bechara Inc
- Assets
- $190.9k
- Revenue
- $243.5k
- Investments
- $0.0
- Employees
- 1
- Location
- San Juan, PR
- Founding
- 05/2017
- Data as of
- 12/2021
- EIN
- 66-0752214
Organization Overview
Fundacion Bechara Inc is located in San Juan, PR. The organization was established in 2017. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fundacion Bechara 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, Fundacion Bechara Inc generated $243.5k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 26.5% each year . All expenses for the organization totaled $171.6k during the year ending 12/2021. While expenses have increased by 29.2% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
A NON-PROFIT WITH THE MISSION TO STRENGTHEN PUBLIC HEALTH BY DEVELOPING INITIATIVES THAT EDUCATE, EQUIP AND EMPOWER THE COMMUNITY IN SPECIFIC AREAS OF HEALTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BE BRAVE RAISES AWARENESS AND EDUCATES OUR COMMUNITY IN AUTOIMMUNE CONDITIONS/ DISEASES. WE SUPPORT PHYSICIANS' CONTINUING EDUCATION AND BIOMEDICAL RESEARCH STUDIES IN AN EFFORT TO ADVANCED MEDICAL DISCOVERIES THAT WILL UNRAVEL TRIGGER CAUSES, INNOVATIVE TREATMENTS, AND POSSIBLE CURES FOR THESE CHRONIC CONDITIONS. WE CONDUCTED 2 MEDICAL SEMINARS IN AN EFFORT TO EDUCATE PRIMARY PHYSICIANS AS WELL AS SPECIALISTS IN THE IMPORTANCE OF EARLY DIAGNOSIS, EARLY TREATMENT, AND UPDATED RESEARCH FINDINGS OF AUTOIMMUNE DISORDERS. THROUGH THESE SEMINARS WE EDUCATED OVER 200 PHYSICIANS BRINGING TO THEM THE NECESSARY TOOLS TO PROPERLY CARE FOR PATIENTS IN OUR COMMUNITY. WE ALSO MADE OUR YEARLY CONTRIBUTION TO THE BE BRAVE FUND AT THE BRIGHAM AND WOMEN'S HOSPITAL. THROUGH FUNDACIN BECHARA'S COMMUNITY RESPONSE INITIATIVE, WE ALSO SUPPORTED THE MEDICAL COMMUNITY BATTLING THE COVID-19 PANDEMIC BY DONATING KN95 MASKS TO HOSPITALS AND CLINICS THROUGHOUT THE ISLAND.
THE QUICO BECHARA PROJECT SEEKS TO HELP EDUCATE, EQUIP AND EMPOWER OUR COMMUNITY TO BE READY TO RESPOND TO SUDDEN CARDIAC ARREST EMERGENCIES AND TO RAISE AWARNESS OF THE IMPORTANCE OF AUTOMATIC EXTERNAL DEFIBRILATORS (AED'S) HAVE AS A LINK IN THE CHAIN OF SURVIVAL. THIS IS ACHIEVED BY OFFERING CONFERENCES ABOUT WHAT SUDDEN CARDIAC ARREST IS AND WHAT AN AED IS. OFFERING CPR AND AED COURSES. ESTABLISHING PAD PROGRAMS IN WORK PLACES; AND ASSISTING OUR COMMUNITY DURING TIMES OF NEED, AMONG OTHER THINGS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alexa Bechara Executive Di | Officer | 25 | $24,000 |
Daphne Bechara President | Officer | $0 | |
Lisanne Bechara Vice Preside | Officer | $0 | |
Francisco Bechara Treasurer | Officer | $0 | |
Rebecca Bechara Secretary | Officer | $0 | |
Wilfredo Borroto Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $100,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $143,532 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $243,532 |
| 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 | $243,532 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $30,000 |
| 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 | $24,000 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $7,736 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,010 |
| Advertising and promotion | $0 |
| Office expenses | $546 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,811 |
| All other expenses | $0 |
| Total functional expenses | $171,559 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $190,930 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $190,930 |
| Accounts payable and accrued expenses | $5,858 |
| 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 | $5,858 |
| 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 | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $185,072 |
| Total liabilities and net assets/fund balances | $190,930 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Fundacion Bechara Inc has recieved totaling $400,000.
| Awarding Organization | Amount |
|---|---|
Direct Relief Santa Barbara, CA PURPOSE: LILLY NAVIGATOR GRANT, COVID19-US | $100,000 |
Direct Relief Santa Barbara, CA PURPOSE: LILLY NAVIGATOR GRANT, COVID19-US | $100,000 |
Direct Relief Santa Barbara, CA PURPOSE: LILLY NAVIGATOR GRANT, COVID19-US | $100,000 |
Direct Relief Santa Barbara, CA PURPOSE: LILLY NAVIGATOR GRANT, COVID19-US | $100,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Instituto Socio-Economico Comunitario Inc San Juan, PR | $6,047,369 | $23,369,542 |
Hogar Crea Inc Trujillo Alto, PR | $29,928,790 | $7,708,813 |
Programa De Educacion Comunal De Entrega Y Servicio Inc Humacao, PR | $4,709,368 | $5,435,743 |
Esperanza Para La Vejez Inc Bayamon, PR | $5,819,695 | $2,443,467 |
Movimiento Para El Alcance De Vida Independiente San Juan, PR | $910,886 | $2,369,502 |
Asociacion De Intercambio Cultural Inc San Juan, PR | $4,597,815 | $1,164,104 |
Centro Deambulantes Cristo Pobre Inc Ponce, PR | $2,486,639 | $1,082,624 |
Apni Inc San Juan, PR | $1,281,231 | $1,119,135 |
Corporacion Milagros Del Amor Caguas, PR | $431,538 | $981,711 |
Coordinadora Paz Para La Mujer Inc San Juan, PR | $1,913,821 | $1,108,026 |
Sfm Charities Inc San Juan, PR | $265,786 | $649,627 |
Fundacion Stefano Steenbakkers Betancourt Corp Bayamon, PR | $143,431 | $740,775 |