Centro De Estudiante Y Maestro Investigador Corp
- Assets
- $426.6k
- Revenue
- $693.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Manati, PR
- Founding
- 07/2015
- Data as of
- 12/2023
- 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 12/2023, Centro DE Estudiante Y Maestro Investigador Corp generated $693.3k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 10.7% each year . All expenses for the organization totaled $717.7k during the year ending 12/2023. While expenses have increased by 10.9% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE CRITICAL THINKING AND EXPAND KNOWLEDGE TO LOW INCOME INDIVIDUALS RESIDING IN ECONOMICALY DEPRESSED COMMUNITIES IN PUERTO RICO
Describe the Organization's Program Activity:
Part 3 - Line 4a
INOVAA. PROVIDE CONVERSATIONAL ENGLISH COURSES AND HELPS INDIVIDUALS
SABE.PROVIDE DIRECT ASSISTANCE TO VICTIMS OF VIOLENT CRIMES AND
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nancy Montes Program Direct | Trustee | 20 | $0 |
Silvia Hernand Program Direct | Trustee | 20 | $0 |
Gisela Padilla President | Officer | 10 | $0 |
Heidee Cordova Secretary | Officer | 10 | $0 |
Maria Torres Treasurer | Officer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $443,409 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $443,409 |
| 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 | $693,273 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,142 |
| Fees for services: Management | $364,302 |
| Fees for services: Legal | $100 |
| Fees for services: Accounting | $10,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $7,518 |
| Information technology | $1,015 |
| Royalties | $0 |
| Occupancy | $8,250 |
| 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 | $34,538 |
| Insurance | $27,978 |
| All other expenses | $0 |
| Total functional expenses | $717,674 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $114,901 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $278,451 |
| 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 | $22,800 |
| Net Land, buildings, and equipment | $10,401 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $426,553 |
| Accounts payable and accrued expenses | $72,556 |
| 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 | $114,687 |
| Other liabilities | $0 |
| Total liabilities | $187,243 |
| Net assets without donor restrictions | $239,310 |
| 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 | $426,553 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Southwestern Educational Society Inc Mayaguez, PR | $5,295,837 | $2,244,538 |
Asociacion Fomento Educativo Inc Guaynabo, PR | $9,694,411 | $967,430 |
Centro Para Emprendedores Inc Caguas, PR | $727,826 | $1,062,589 |
Centro De Estudiante Y Maestro Investigador Corp Manati, PR | $426,553 | $693,273 |
Asociacion Para La Educacion Integral Inc San Juan, PR | $249,950 | $734,858 |
Asociacion De Ejecutivos De Cooperativas De Puerto Rico Inc San Juan, PR | $574,521 | $434,163 |
Centro De Orientacion Y Accion Social Inc Vega Alta, PR | $267,929 | $372,729 |
Hispanic Educational Technology Services Inc San Juan, PR | $139,175 | $285,877 |
Proyecto 85 Inc san juan, PR | $7,081 | $0 |
Friends Of@san Juan National Historic Site Inc San Juan, PR | $132,342 | $0 |
Perspective Education Services Mayaguez, PR | $0 | $0 |