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To teach entrepreneurship to people interested in starting businesses in Puerto Rico with the mission of improving local and country economy thru small businesses.
Source: IRS Form 990 (Tax Year 2024)
Source: IRS e-Filed Form 990 (from the IRS e-File system), Tax Year 2024
Total Revenue
▼$1.1M
Program Spending
77%
of total expenses go to program services
Total Contributions
$1.1M
Total Expenses
▼$893.3K
Total Assets
$779.6K
Total Liabilities
▼$300.8K
Net Assets
$478.8K
Officer Compensation
→$83.8K
Other Salaries
$450K
Investment Income
$155
Fundraising
▼$0
Source: USAspending.gov · Searched by organization name
Total Federal Funding
$64.2K
Awards Found
1
| Awarding Agency | Description | Amount | Fiscal Year | Period | Link |
|---|---|---|---|---|---|
| Department of Agriculture | RBDG E REA | $64.2K | FY2026 | Aug 2026 – Aug 2028 | Open → |
Source: Federal Audit Clearinghouse (fac.gov)
No federal single audit records found for this organization.
Single audits are required for entities expending $750,000+ in federal awards annually.
Tax Year 2024 · Source: IRS e-Filed Form 990Schedule J available
Highest compensated employees who are not officers or directors.
| 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 |
|---|---|---|---|---|---|
| 2024IRS e-File | $1.1M | $1.1M | $893.3K | $779.6K | $478.8K |
| 2023IRS e-File | $972.7K | $972.7K | $1.1M | $725.5K | $166.6K |
| 2022 | $1.1M | $1.1M | $927.8K | $727.8K | $248.9K |
| 2021 | $556.7K |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
Financial data: IRS e-Filed Form 990 (Tax Year 2024)
Leadership & compensation: IRS e-Filed Form 990, Part VII (Tax Year 2024)
Federal grants: USAspending.gov (live)
Organization info: IRS Business Master File
Tax-deductibility: IRS Publication 78
| Total |
|---|
| Jorge J Muniz | Director Of Finance | 30 | $47.7K | $0 | $0 | $47.7K |
| Fernando Garcia | Executive Director | 40 | $36.1K | $0 | $0 | $36.1K |
Jorge J Muniz
Director Of Finance
$47.7K
Hrs/Wk
30
Compensation
$47.7K
Related Orgs
$0
Other
$0
Fernando Garcia
Executive Director
$36.1K
Hrs/Wk
40
Compensation
$36.1K
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 |
|---|---|---|---|---|---|---|
| Gladys Nieves | President | 4 | $0 | $0 | $0 | $0 |
| Ivan Rios Mena | Officer | 4 | $0 | $0 | $0 | $0 |
| Jorge Mejias | Officer | 4 | $0 | $0 | $0 | $0 |
| Nerma Albertorio | President | 40 | $0 | $0 | $0 | $0 |
| Victor Tomassini | Tresurer | 4 | $0 | $0 | $0 | $0 |
Gladys Nieves
President
$0
Hrs/Wk
4
Compensation
$0
Related Orgs
$0
Other
$0
Ivan Rios Mena
Officer
$0
Hrs/Wk
4
Compensation
$0
Related Orgs
$0
Other
$0
Jorge Mejias
Officer
$0
Hrs/Wk
4
Compensation
$0
Related Orgs
$0
Other
$0
| $556.7K |
| $485.8K |
| $541.4K |
| $114.1K |
| 2020 | $356.9K | $356.9K | $350K | $58.7K | $43.3K |
| 2021 | 990 | Data |
| 2020 | 990 | Data |
Nerma Albertorio
President
$0
Hrs/Wk
40
Compensation
$0
Related Orgs
$0
Other
$0
Victor Tomassini
Tresurer
$0
Hrs/Wk
4
Compensation
$0
Related Orgs
$0
Other
$0