Centro De Estudiante Y Maestro Investigador Corp
- Assets
- $533.6k
- Revenue
- $862.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Manati, PR
- Founding
- 07/2015
- Data as of
- 12/2020
- EIN
- 66-0814951
Organization Overview
Centro De Estudiante Y Maestro Investigador Corp is located in Manati, PR. The organization was established in 2015. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Centro DE Estudiante Y Maestro Investigador Corp 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 12/2020, Centro DE Estudiante Y Maestro Investigador Corp generated $862.3k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 17.9% each year . All expenses for the organization totaled $841.4k during the year ending 12/2020. While expenses have increased by 19.5% per year over the past 5 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE CRITICAL THINKING AND EXPAND KNOWLEDGE TO LOW-INCOME INDIVIDUALS RESIDING IN ECONOMICALLY DEPRESSED COMMUNITIES IN PUERTO RICO
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE ENGLISH COURESES TO INDIVIDUALS EIGHTEEN AND OVER TO HELP EXPAND THEIR EMPLOYMENT OPORTUNITIES AND PROVIDE COURSES LEADING TO A HIGH SCHOOL DIPLOMA TO INDIVIDUALS WHO HAVE DROPPED OUT OF HIGH SCHOOL
CRIME VICTIMS ASSISTANCE
FARM TO SCHOOL PROGRAM
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Silvia Hernandez Program Director | Officer | 20 | $32,445 |
Nancy Montez Progran Director | Officer | 10 | $19,040 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $11 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $181,694 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $181,705 |
| Total Program Service Revenue | $383,481 |
| Investment income | $101 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $297,040 |
| 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 | $862,327 |
| 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 | $80,650 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,527 |
| Fees for services: Management | $226,263 |
| Fees for services: Legal | $67,141 |
| Fees for services: Accounting | $10,578 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $4,163 |
| Office expenses | $11,108 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $34,400 |
| 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 | $11,959 |
| Insurance | $0 |
| All other expenses | $11,566 |
| Total functional expenses | $841,430 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $254,450 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $188,035 |
| 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 | $89,795 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,312 |
| Total assets | $533,592 |
| Accounts payable and accrued expenses | $99,345 |
| 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 | $484,743 |
| Other liabilities | $0 |
| Total liabilities | $584,088 |
| Net assets without donor restrictions | -$50,496 |
| 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 | $533,592 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Southwestern Educational Society Inc Mayaguez, PR | $5,111,983 | $3,030,221 |
Asociacion Fomento Educativo Inc Guaynabo, PR | $10,164,020 | $1,275,624 |
Centro De Estudiante Y Maestro Investigador Corp Manati, PR | $533,592 | $862,327 |
Asociacion Para La Educacion Integral Inc San Juan, PR | $157,962 | $591,216 |
Centro Para Emprendedores Inc Caguas, PR | $541,370 | $556,659 |
Centro De Orientacion Y Accion Social Inc Vega Alta, PR | $239,189 | $371,876 |
Asociacion De Ejecutivos De Cooperativas De Puerto Rico Inc San Juan, PR | $462,753 | $279,517 |
Hispanic Educational Technology Services Inc San Juan, PR | $92,515 | $222,780 |
Proyecto 85 Inc san juan, PR | $7,081 | $0 |
Friends Of@san Juan National Historic Site Inc San Juan, PR | $1,689 | $0 |
Perspective Education Services Mayaguez, PR | $0 | $0 |