Departamento De La Comida De Puerto Rico
- Assets
- $241.3k
- Revenue
- $290.7k
- Investments
- $0.0
- Employees
- 0
- Location
- San Juan, PR
- Founding
- 02/2020
- Data as of
- 12/2021
- EIN
- 66-0915625
Organization Overview
Departamento De La Comida De Puerto Rico is located in San Juan, PR. The organization was established in 2020. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, 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. Departamento DE LA Comida DE Puerto Rico 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, Departamento DE LA Comida DE Puerto Rico generated $290.7k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 42.8% each year . All expenses for the organization totaled $122.9k during the year ending 12/2021. While expenses have increased by 3.4% per year over the past 3 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
ADVANCE SUSTAINABLE FOOD PROJECTS IN PUERTO RICO
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE KRESGE FOUNDATION IS A PRIVATE, NATIONAL FOUNDATION THAT WORKS TO EXPAND OPPORTUNITIES IN AMERICA'S CITIES THROUGH GRANTMAKING AND SOCIAL INVESTING IN ARTS AND CULTURE, EDUCATION, ENVIRONMENT, HEALTH, HUMAN SERVICES AND COMMUNITY DEVELOPMENT. IN COLLABORATION WITH THEIR PARTNERS, THEY HELP CREATE PATHWAYS FOR PEOPLE WITH LOW INCOME TO IMPROVE THEIR LIFE CIRCUMSTANCES AND JOIN THE ECONOMIC MAINSTREAM. THROUGH THIS YEAR'S GRANT TO EL DEPARTAMENTO DE LA COMIDA, KRESGE FOUNDATION PROVIDED THEIR SUPPORT IN THEIR DEVELOPMENT OF LA COCINA, WHICH AMONG OTHER INICIATIVES OF EL DEPARTAMENTO, SERVES AS AN ALTERNATIVE IN SUPPORT OF SMALL-SCALED, DECENTRALIZED, LOCAL FOOD PROJECTS. LA COCINA,WITH ITS PRODUCT-MAKING EQUIPMENT, RENEWABLE ENERGY AND A RETAIL POINT OF SALE ALLOWS EL DEPARTAMENTO TO SUPPORT FOOD SOVEREIGNITY THROUGH SHARED SOURCES, EXCHANGE OF LABOR AND KNOWLEDGE, AND FOOD IN ALL ITS FORMS. THIS WAS THE PRINCIPLE PROJECT OF EL DEPARTAMENTO DURING 2021.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tara Rodriguez Besosa Co-Director | Trustee | 20 | $19,827 |
Kieran Murray Co-Director | Trustee | 10 | $8,171 |
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 | $287,691 |
| Noncash contributions included in lines 1a–1f | $21,442 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $287,691 |
| 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 | $290,748 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,200 |
| 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. | $27,988 |
| 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 | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $31,224 |
| Advertising and promotion | $0 |
| Office expenses | $1,820 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $8,400 |
| 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 | $2,312 |
| Insurance | $0 |
| All other expenses | $2,290 |
| Total functional expenses | $122,944 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $221,549 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,472 |
| 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 | $15,672 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,572 |
| Total assets | $241,265 |
| Accounts payable and accrued expenses | $10,276 |
| 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 | $54,500 |
| Other liabilities | $0 |
| Total liabilities | $64,776 |
| Net assets without donor restrictions | $176,489 |
| 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 | $241,265 |