Sfm Charities Inc
- Assets
- $265.8k
- Revenue
- $649.6k
- Investments
- $0.0
- Employees
- 23
- Location
- San Juan, PR
- Founding
- 12/2019
- Data as of
- 12/2021
- EIN
- 66-0900845
Organization Overview
Sfm Charities Inc is located in San Juan, PR. The organization was established in 2019. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 12/2021, Sfm Charities Inc employed 23 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sfm Charities 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, Sfm Charities Inc generated $649.6k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 44.7% each year . All expenses for the organization totaled $801.8k 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
SFM-CHARITIES, INC. IS A NONPROFIT ORGANIZATION WITH THE PURPOSE OF ATTENDING UNDERSERVED AND MARGINALIZED COMMUNITIES IN PR. THE UNITED STATES AND ITS TERRITORIES WITH A BIOPSYCHOSOCIAL APPROACH MODEL THE OBJECTIVES THAT GUIDE IT ARE: (A) DECREASE THE INCIDENCE AND PREVALENCE OF DEGRADING POVERTY WITHIN COMMUNITIES BY PROMOTING ACCESS TO EDUCATION, HEALTH, NUTRITION AND ADEQUATE HOUSING. (B) ENCOURAGE UNITY AND COLLABORATION CONSIDERING THE DIVERSITY AND SOCIAL PLURALITY OF THE COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
VICTIMS OF CRIME ASSISTANCE PROGRAME (VOCA) (CIADA POJECT) SPONSORED BY OJP, THE PROGRAM NAMED CON SCIENTIZE, IDENTIFY, SUPPORT, AND DIGNIFY THE ELDER (CIADA IN SPANISH) TO MEET AND RESPOND TO THE PHYSICAL AND EMOTIONAL NEEDS OF THOSE AFFECTED BY VIOLENCE, NEGLECT, AND ABUSE. WICH PARTICIPATORY BIOSOCIAL HOLISTIC APPROACH WHERE THE PROJECT INTEGRATES FAMILIES, COMMUNITY ORGANIZATIONS, AND PROFESISONALS INTO CONTINUOUS RECOVERY FOR A USEFUL. PRODUCTIVE AND A BETTER QUALITY OF LIFE. THE PROGRAM TO IDENTIFIES AND REFERS 150 ELDERLY PARTICIPANTS, WHOM AT LEAST 50 MUST BE ELDERS VICTIMS OF CRIME.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mario Medina Vazquez Financial Director | Officer | 40 | $44,000 |
Maria Medina Rodriguez Finance Director | Officer | 25 | $8,650 |
Carlos J Gonzalez Santiago Bod President | OfficerTrustee | 1 | $0 |
Christian Nieves Rodriguez Bod Member | Trustee | 0 | $0 |
William Saltar Arocho Bod Vice President | Trustee | 1 | $0 |
Javier Porrata Bod Treasurer | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $649,627 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $175,665 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $649,627 |
| 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 | $649,627 |
| 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. | $58,562 |
| Compensation of current officers, directors, key employees. | $58,562 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $399,632 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $76,736 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $129,675 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $15,400 |
| 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 | $52,373 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $801,769 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,192 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $171 |
| 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 | $6,350 |
| Net Land, buildings, and equipment | $255,073 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $265,786 |
| Accounts payable and accrued expenses | $79,049 |
| 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 | $221,868 |
| Other liabilities | $0 |
| Total liabilities | $300,917 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | -$35,131 |
| 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 | $265,786 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Instituto Socio-Economico Comunitario Inc San Juan, PR | $6,047,369 | $23,369,542 |
Hogar Crea Inc Trujillo Alto, PR | $29,928,790 | $7,708,813 |
Programa De Educacion Comunal De Entrega Y Servicio Inc Humacao, PR | $4,709,368 | $5,435,743 |
Esperanza Para La Vejez Inc Bayamon, PR | $5,819,695 | $2,443,467 |
Movimiento Para El Alcance De Vida Independiente San Juan, PR | $910,886 | $2,369,502 |
Asociacion De Intercambio Cultural Inc San Juan, PR | $4,597,815 | $1,164,104 |
Centro Deambulantes Cristo Pobre Inc Ponce, PR | $2,486,639 | $1,082,624 |
Apni Inc San Juan, PR | $1,281,231 | $1,119,135 |
Corporacion Milagros Del Amor Caguas, PR | $431,538 | $981,711 |
Coordinadora Paz Para La Mujer Inc San Juan, PR | $1,913,821 | $1,108,026 |
Sfm Charities Inc San Juan, PR | $265,786 | $649,627 |
Fundacion Stefano Steenbakkers Betancourt Corp Bayamon, PR | $143,431 | $740,775 |