Mente Activa is located in Ponce, PR. The organization was established in 2016. According to its NTEE Classification (G83) the organization is classified as: Alzheimers Disease, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mente Activa 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, Mente Activa generated $102.5k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 18.3% each year . All expenses for the organization totaled $57.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
HERE IS THE TRANSLATION: THIS IS A NON-PROFIT CORPORATION WHOSE NATURE OR PURPOSE IS: 1. TO IMPROVE THE QUALITY OF LIFE OF THE ELDERLY POPULATION THROUGH MENTAL STIMULATION EXERCISES. 2. TO OFFER MENTAL STIMULATION EXERCISE SERVICES TO ENTITIES THAT SHELTER ELDERLY INDIVIDUALS FROM LOW-INCOME POPULATIONS. THE PRIMARY NATURE OF SERVICES OR PURPOSES THAT BEST DESCRIBES THIS CORPORATION IS AS FOLLOWS: SOCIAL SERVICES
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Elias Fernandez Treasurer | 1 | $0 | |
Ricardo Ramos Vice-Treasurar | 1 | $0 | |
Jaisselle M Vega President | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $102,492 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $102,492 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $12,943 |
Professional fees and other payments to independent contractors | $39,511 |
Occupancy, rent, utilities, and maintenance | $5,160 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $0 |
Total expenses | $57,614 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $44,878 |
Other assets | $0 |
Total assets | $44,878 |
Total liabilities | $0 |
Net assets or fund balances | $44,878 |
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