Funadacion Azriel Corp
- Assets
- $370.7k
- Revenue
- $2.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Carolina, PR
- Founding
- 09/2019
- Data as of
- 12/2021
- EIN
- 66-0851275
Organization Overview
Funadacion Azriel Corp is located in Carolina, PR. The organization was established in 2019. According to its NTEE Classification (P60) the organization is classified as: Emergency Assistance, 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. Funadacion Azriel 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 12/2021, Funadacion Azriel Corp generated $2.2m in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 46.9% each year . All expenses for the organization totaled $2.1m during the year ending 12/2021. 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
PROVIDE COMMUNITY SERVICES FOR DISADVANTAGED COMMNITIES ATTENTION TO THE NEEDS OF INMATES FOOD DISTRIBUTION RECONSTRUCTION OF HOMES DESTROYED BY NATURAL DISASTERS HELP AND ASSISTANCE IN THE MIDST OF SOCIAL NATURAL AND OR MEDICAL EMERGENCIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOME HABILITATION OR REHABILITATION INLCUDES BUT IS NOT LIMITED TO REPAIRS CONSTRUCTION AND OR FURNISH HOMES AFFECTED BY NATURAL DISASTERS SUCH AS HURRICANES FLOODS AND OR EARTHQUAKES.
PROVIDE ANY OTHER CARE OR NEED OF LOW-INCOME FAMILIES.
PROVIDES EQUIPMENTS AND SPONSOR TO SPORTS TEAMS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Angel Figueroa President | Officer | 40 | $0 |
Justo Rosario Vice-President | Officer | 40 | $0 |
Luzmaudy Burgos Secretary | Officer | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,150,524 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,700 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,155,224 |
| 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 | $2,155,224 |
| 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 | $86,539 |
| 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 | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,360 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $75,772 |
| Advertising and promotion | $3,829 |
| 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 | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,046 |
| All other expenses | $241,884 |
| Total functional expenses | $2,104,271 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $322,592 |
| 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 | $48,085 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $370,677 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $176 |
| Total liabilities | $176 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $370,501 |
| 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 | $370,677 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Funadacion Azriel Corp has recieved totaling $25,000.
| Awarding Organization | Amount |
|---|---|
Puerto Rico Community Foundation Inc San Juan, PR PURPOSE: Emergencia servicios comunidades afectadas por los terremos | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bills Kitchen Inc San Juan, PR | $1,546,500 | $2,347,109 |
Funadacion Azriel Corp Carolina, PR | $370,677 | $2,155,224 |
Fundacion Dar Inc San Juan, PR | $298,005 | $149,294 |
Somebody Help Us Alguien Ayudenos Inc San Juan, PR | $0 | $263 |
Corazon De Patria Inc Caguas, PR | $1,636 | $0 |