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FACILITATE AND BUILD CAPACITY TO CONTINUALLY ADVANCE PUERTO RICO'S ECONOMY AND ITS CITIZEN'S WELL BEING THROUGH INNOVATION, SCIENCE AND TECHNOLOGY.
Source: IRS Form 990 (Tax Year 2024)
Source: IRS e-Filed Form 990 (from the IRS e-File system), Tax Year 2023
Total Revenue
▼$36.3M
Program Spending
79%
of total expenses go to program services
Total Contributions
$34M
Total Expenses
▼$32M
Total Assets
$137.4M
Total Liabilities
▼$4.2M
Net Assets
$133.2M
Officer Compensation
→N/A
Other Salaries
$7.7M
Investment Income
$1.8M
Fundraising
▼N/A
Source: USAspending.gov
No federal awards found for this organization.
USAspending.gov tracks federal grants, cooperative agreements, and other financial assistance. Not all nonprofits receive federal funding.
Source: Federal Audit Clearinghouse (fac.gov)
Total Audits
9
Clean Audits
9
Material Weakness
No
Noncompliance Issues
No
| Year | Status | Financial Report | Federal Expenditure | Low Risk | Accepted |
|---|---|---|---|---|---|
| 2025 | Clean | Unmodified (Clean) | $20.8M | Yes | 2026-03-20 |
| 2024 | Clean | Unmodified (Clean) | $15.2M | Yes | 2025-03-24 |
| 2023 | Clean | Unmodified (Clean) | $12.1M | Yes | 2024-03-22 |
| 2022 | Clean | Unmodified (Clean) | $21.2M | Yes | 2023-03-26 |
| 2021 | Clean | Unmodified (Clean) | $15.7M | Yes | 2022-07-17 |
| 2020 | Clean | Unmodified (Clean) | $11.9M | Yes | 2021-02-25 |
| 2019 | Clean | Unmodified (Clean) | $7.8M | Yes | 2020-03-08 |
| 2018 | Clean | Unmodified (Clean) | $4.2M | No | 2019-01-31 |
| 2017 | Clean | Unmodified (Clean) | $1M | No | 2017-12-26 |
Financial Report
Unmodified (Clean)
Federal Expenditure
$20.8M
Financial Report
Unmodified (Clean)
Federal Expenditure
$15.2M
Financial Report
Unmodified (Clean)
Federal Expenditure
$12.1M
Financial Report
Unmodified (Clean)
Federal Expenditure
$21.2M
Financial Report
Unmodified (Clean)
Federal Expenditure
$15.7M
Financial Report
Unmodified (Clean)
Federal Expenditure
$11.9M
Financial Report
Unmodified (Clean)
Federal Expenditure
$7.8M
Financial Report
Unmodified (Clean)
Federal Expenditure
$4.2M
Financial Report
Unmodified (Clean)
Federal Expenditure
$1M
Tax Year 2023 · Source: IRS e-Filed Form 990Schedule J available
Individuals serving as officers, directors, or trustees of the organization.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other |
|---|
Source: IRS Publication 78, Auto-Revocation List & e-Postcard Data
Tax-deductible contributions: Yes
Deductibility code: PC
Sources: IRS e-Filed Form 990 (XML) & ProPublica Nonprofit Explorer
Scroll →
| Year | Revenue | Contributions | Expenses | Assets | Net Assets |
|---|---|---|---|---|---|
| 2023IRS e-File | $36.3M | $34M | $32M | $137.4M | $133.2M |
| 2022IRS e-File | $24.8M | $21.5M | $27.6M | $132.1M | $125.3M |
| 2021 | $31.4M | $31.7M | $25.9M | $137.7M | $133.7M |
| 2020 | $30.8M |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
| Tax Year | Form Type | Source | Documents |
|---|---|---|---|
| 2024 | 990 | IRS e-File | |
| 2023 | 990 | DataIRS e-File | PDF not yet published by IRSView Filing → |
| 2022 | 990 | DataIRS e-File |
Financial data: IRS e-Filed Form 990 (Tax Year 2023)
Leadership & compensation: IRS e-Filed Form 990, Part VII (Tax Year 2023)
Organization info: IRS Business Master File
Tax-deductibility: IRS Publication 78
| Total |
|---|
| Luz A Crespo Valentin | CEO | 40 | $317.6K | $0 | $0 | $317.6K |
| Doira Diaz | General Cons | 40 | $160.6K | $0 | $0 | $160.6K |
| Gilberto Marquez | CFO | 40 | $151.9K | $0 | $0 | $151.9K |
| Guadalupe Vazquez | Chief Comm. | 40 | $126.8K | $0 | $0 | $126.8K |
Luz A Crespo Valentin
CEO
$317.6K
Hrs/Wk
40
Compensation
$317.6K
Related Orgs
$0
Other
$0
Doira Diaz
General Cons
$160.6K
Hrs/Wk
40
Compensation
$160.6K
Related Orgs
$0
Other
$0
Gilberto Marquez
CFO
$151.9K
Hrs/Wk
40
Compensation
$151.9K
Related Orgs
$0
Other
$0
Guadalupe Vazquez
Chief Comm.
$126.8K
Hrs/Wk
40
Compensation
$126.8K
Related Orgs
$0
Other
$0
Members of the governing board. Board members often serve without compensation.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Alfredo Casta | Trustee | — | $0 | $0 | $0 | $0 |
| Dr Daniel Colon Ramos | Trustee | — | $0 | $0 | $0 | $0 |
| Dr Edith A Perez | Trustee | — | $0 | $0 | $0 | $0 |
| Dr Esther Alegria | Trustee | — | $0 | $0 | $0 | $0 |
| Dr Ubaldo Cordova | Dr. | — | $0 | $0 | $0 | $0 |
| Frances Santiago-Schwarz | Trustee |
Alfredo Casta
Trustee
$0
Hrs/Wk
—
Compensation
$0
Related Orgs
$0
Other
$0
Dr Daniel Colon Ramos
Trustee
$0
Hrs/Wk
—
Compensation
$0
Related Orgs
$0
Other
$0
Dr Edith A Perez
Trustee
$0
Hrs/Wk
—
Compensation
$0
Related Orgs
$0
Other
$0
| $26.9M |
| $27.9M |
| $122M |
| $116.3M |
| 2019 | $29.6M | $27.9M | $19.5M | $117M | $113.9M |
| 2018 | $23M | $22.5M | $16.1M | $115.7M | $109.7M |
| 2017 | $14.4M | $9.9M | $13.3M | $110.5M | $104.7M |
| 2021 | 990 | Data |
| 2020 | 990 | Data |
| 2019 | 990 | Data |
| 2018 | 990 | Data |
| 2017 | 990 | Data |
| — |
| $0 |
| $0 |
| $0 |
| $0 |
| Gualberto Gil Medina | Trustee | — | $0 | $0 | $0 | $0 |
| Michael A Caligiuri Md | Trustee | — | $0 | $0 | $0 | $0 |
| Mr Felix Negron | Trustee | — | $0 | $0 | $0 | $0 |
| Sebastian Negron | Trustee | — | $0 | $0 | $0 | $0 |
Dr Esther Alegria
Trustee
$0
Hrs/Wk
—
Compensation
$0
Related Orgs
$0
Other
$0
Dr Ubaldo Cordova
Dr.
$0
Hrs/Wk
—
Compensation
$0
Related Orgs
$0
Other
$0
Frances Santiago-Schwarz
Trustee
$0
Hrs/Wk
—
Compensation
$0
Related Orgs
$0
Other
$0
Gualberto Gil Medina
Trustee
$0
Hrs/Wk
—
Compensation
$0
Related Orgs
$0
Other
$0
Michael A Caligiuri Md
Trustee
$0
Hrs/Wk
—
Compensation
$0
Related Orgs
$0
Other
$0
Mr Felix Negron
Trustee
$0
Hrs/Wk
—
Compensation
$0
Related Orgs
$0
Other
$0
Sebastian Negron
Trustee
$0
Hrs/Wk
—
Compensation
$0
Related Orgs
$0
Other
$0