Fundacion Educativa Integral Bilingue Inc
- Assets
- $420.4k
- Revenue
- $229.1k
- Investments
- $0.0
- Employees
- 11
- Location
- Ponce, PR
- Founding
- Data as of
- 12/2021
- EIN
- 66-0790427
Organization Overview
Fundacion Educativa Integral Bilingue Inc is located in Ponce, PR. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 12/2021, Fundacion Educativa Integral Bilingue Inc employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fundacion Educativa Integral Bilingue 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 Educativa Integral Bilingue Inc generated $229.1k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 32.7% each year . All expenses for the organization totaled $246.0k during the year ending 12/2021. While expenses have increased by 41.5% per year over the past 2 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
DAYCARE AND PRE-SCHOOL OPERATION. SCHOOL DEVELOPMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF DAYCARE AND PRESCHOOL. ATTENDING 10 NEWBORNS AND 20 TODDLERS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jessica M Herrera Secretary | Trustee | 80 | $3,200 |
Carmen Sanchez President | Trustee | 4 | $0 |
Oscar Castro Treasurer | Trustee | 4 | $0 |
Francisco DE Armas Sub Treasurer | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $16,918 |
| All other contributions, gifts, grants, and similar amounts not included above | $69,179 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $86,097 |
| Total Program Service Revenue | $142,978 |
| 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 | $229,075 |
| 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 | $144,714 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $29,814 |
| 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 | $2,470 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| 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 | $38,231 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $8,603 |
| Insurance | $4,060 |
| All other expenses | $2,318 |
| Total functional expenses | $246,048 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,871 |
| 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 | $409,321 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,195 |
| Total assets | $420,387 |
| Accounts payable and accrued expenses | $0 |
| 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 | $230,000 |
| Unsecured mortgages and notes payable | $58,214 |
| Other liabilities | $0 |
| Total liabilities | $288,214 |
| Net assets without donor restrictions | $132,173 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $420,387 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Baldwin School Of Puerto Rico Inc Bayamon, PR | $21,469,124 | $15,474,261 |
Saint Johns School San Juan, PR | $27,658,039 | $13,804,674 |
Saint Francis School Carolina, PR | $13,939,984 | $9,657,411 |
Colegio Puertorriqueno De Ninas Guaynabo, PR | $6,777,143 | $4,007,088 |
Colegio Radians Inc Cayey, PR | $5,229,137 | $4,090,426 |
Caribbean School Inc Ponce, PR | $3,898,422 | $3,097,431 |
Palmas Academy Inc Humacao, PR | $10,746,233 | $2,143,628 |
Washburn School Inc Ponce, PR | $637,737 | $1,101,643 |
Elite Educational Group Bayamon, PR | $323,522 | $902,955 |
Colegio Hogar Angeles Custodios Inc San Juan, PR | $633,124 | $616,643 |
Kingdom Christian Academy Dorado, PR | $71,498 | $642,927 |
Educational Services Corpus Christi Corp Aguadilla, PR | $242,381 | $617,486 |