Totals
- Total revenue
- $7,139,999
- Total expenses
- $4,405,967
- Contributions and grants received
- $7,266,669
- Grants paid
- $1,447,898
- Program service revenue
- $0
- Investment income
- -$111,475
- Other revenue
- -$15,195
- Total assets, end of year
- $10,258,565
- Total liabilities, end of year
- $1,802,878
- Net assets or fund balances, end of year
- $8,455,687
- Program services expenses (Part IX)
- $3,490,476
- Management and general expenses
- $371,189
- Fundraising expenses
- $544,302
- Program service expenses (Part III)
- $3,490,476
Program services were 79.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$1,437,627
-
1f · All other contributions, gifts and grants
$5,829,042
-
1g · Noncash contributions included above
$102,145
-
3 · Investment income
total $51,008 · related or exempt $51,008
-
7a · Gross sales of assets other than inventory
securities $2,973,098
-
7b · Less cost or other basis and sales expenses
securities $3,135,581
-
7c · Gain or loss
securities -$162,483
-
7d · Net gain or loss
total -$162,483 · related or exempt -$162,483
-
8a · Fundraising events: gross income
$524,635
-
8a · Fundraising events: contributions included on line 1c
$1,437,627
-
8b · Fundraising events: direct expenses
$543,154
-
8c · Net income from fundraising events
total -$18,519 · excluded -$18,519
-
11a · Other revenue: MISCELLANEOUS
total $3,324 · related or exempt $3,324
-
11e · Other revenue, total
$3,324
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $250,000 · program services $250,000
-
3 · Grants to foreign organizations and individuals
total $1,197,898 · program services $1,197,898
-
7 · Other salaries and wages
total $587,655 · program services $346,716 · management and general $58,765 · fundraising $182,174
-
9 · Other employee benefits
total $61,054 · program services $36,022 · management and general $6,105 · fundraising $18,927
-
10 · Payroll taxes
total $44,379 · program services $26,184 · management and general $4,438 · fundraising $13,757
-
11b · Fees: legal
total $2,506 · management and general $2,506
-
11c · Fees: accounting
total $10,061 · management and general $10,061
-
11g · Fees: other
total $223,694 · program services $49,819 · management and general $60,494 · fundraising $113,381
-
12 · Advertising and promotion
total $13,026 · program services $5,916 · management and general $3,887 · fundraising $3,223
-
16 · Occupancy
total $118,272 · management and general $118,272
-
22 · Depreciation, depletion and amortization
total $5,111 · management and general $5,111
-
23 · Insurance
total $10,737 · management and general $10,737
-
24a · Other expenses: CONTRIBUTIONS
total $1,397,244 · program services $1,397,244
-
24b · Other expenses: TRAVEL, MEALS AND LODGI
total $160,962 · program services $37,584 · management and general $2,787 · fundraising $120,591
-
24c · Other expenses: SCHOLARSHIPS
total $118,299 · program services $118,299
-
24d · Other expenses: BAD DEBT EXPENSE
total $39,698 · fundraising $39,698
-
24e · All other expenses
total $165,371 · program services $24,794 · management and general $88,026 · fundraising $52,551
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $2,096,807 · end of year $4,056,949
-
2 · Savings and temporary cash investments
beginning of year $61,904 · end of year $353,508
-
3 · Pledges and grants receivable
beginning of year $375,065 · end of year $1,528,040
-
9 · Prepaid expenses and deferred charges
beginning of year $10,696 · end of year $19,850
-
10a · Land, buildings and equipment: cost or other basis
$29,249
-
10b · Land, buildings and equipment: accumulated depreciation
$20,685
-
10c · Land, buildings and equipment, net
beginning of year $13,675 · end of year $8,564
-
11 · Investments: publicly traded securities
beginning of year $3,685,368 · end of year $3,529,968
-
15 · Other assets
beginning of year $0 · end of year $761,686
-
17 · Accounts payable and accrued expenses
beginning of year $77,871 · end of year $1,041,192
-
25 · Other liabilities
beginning of year $0 · end of year $761,686
-
27 · Net assets without donor restrictions
beginning of year $6,165,644 · end of year $8,455,687
Mission and programs · 2022
Mission
MAESTRO CARES FOUNDATION IMPROVES THE QUALITY OF LIFE OF DISADVANTAGED CHILDREN AND COMMUNITIES IN LATIN AMERICA AND THE UNITED STATES. WE DO SO BY PROVIDING HOUSING, EDUCATIONAL PROGRAMMING AND THE ESSENTIAL RESOURCES TO SUPPORT THEIR GROWTH AND DEVELOPMENT. THROUGH OUR EFFORTS, WE ARE STRENGTHENING COMMUNITIES AND HELPING CHILDREN BECOME TOMORROW'S LEADERS.
-
EXPENSES FOR PROJECTS INCLUDED THE FOLLOWING DURING 2022:ROOSEVELT SQUARE COMMUNITY CENTER SOS CHILDREN'S VILLAGES ILLINOIS IN CHICAGO, ILLINOIS, CENTER FOR WELLBEING AND HAPPINESS LOWER EASTSIDE GIRLS CLUB IN NEW YORK CITY, NEW YORK, JARDIN DE NINOS LA MASCOTA FUNDACION MIR MONTESSORI CHILDREN'S DAY CARE CENTER IN BUENOS AIRES, ARGENTINA, CENTRO VOCACIONAL FUNDACION JEISON ARISTIZABAL-ASODISVALLE VOCATIONAL SCHOOL IN CALI, COLOMBIA, CASITA DE BELEN ORPHANAGE CENTER IN CALI, COLOMBIA, CASA EN COMUNIDAD MAESTRO CARES ALDEAS INFANTILES SOS ECUADOR (PLACEMENT FACILITY) IN QUITO, ECUADOR, LA CASA LIBERTAD HOVDE/MAESTRO CARES FACE OF JUSTICE FREEDOM HOUSE FOR TRAFFICKED/EXPLOITED GIRLS IN SAN JOSE, COSTA RICA, CASA DE ACOGIDA CORPORACION RENTAL INFANTIL MATER IN SANTIAGO, CHILE, YMCA SPORTS CENTER IN SAN JUAN, PUERTO RICO.
Expenses $1,447,898 · Grants $1,447,898
-
CHILD SPONSORSHIP PROGRAM, SCHOLARSHIPS AND CONTRIBUTIONS TO SOCIAL SERVICE ORGANIZATIONS
Expenses $1,528,802
-
OTHER EXPENSES RELATED TO THE GRANTS AND SUPPORT PROGRAMS.
Expenses $513,776 · Revenue -$108,151
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Henry CardenasHENRY CARDENAS
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 5
-
Marco Antonio MunizMARCO ANTONIO MUNIZ
VICE CHAIRMAN
- Total calculated
- $0
- Hours/week
- 2.5
-
Elena SotomayorELENA SOTOMAYOR
SECRETARY
- Total calculated
- $0
- Hours/week
- 2.5
-
Peter AmaroPETER AMARO
TREASURER
- Total calculated
- $0
- Hours/week
- 2.5
-
Felipe PimentoFELIPE PIMENTO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Bigram ZayasBIGRAM ZAYAS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Robert UnanueROBERT UNANUE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Amalia Gomez-MiconeAMALIA GOMEZ-MICONE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Zaydy CardenasZAYDY CARDENAS
EXECUTIVE DIRECTOR
- Total calculated
- $135,857
- From this org
- $135,857
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
LOWER EAST SIDE GIRLS CLUB
$200,000
CONTRIBUTION
-
SOS CHILDREN'S VILLAGE IN CHICAGO
$50,000
CONTRIBUTION
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 25 January 2024
- IRS schema version
- 2022v5.0
- Source object
- 202400259349300845
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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