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Nonprofiteer
← FUNDACION DR RAUL GARCIA RINALDI

Form 990 for tax year 2023

Filed by FUNDACION DR RAUL GARCIA RINALDI.

Totals

Total revenue
$774,809
Total expenses
$801,828
Contributions and grants received
$609,803
Grants paid
$0
Program service revenue
$85,981
Investment income
$45
Other revenue
$78,980
Total assets, end of year
$417,551
Total liabilities, end of year
$341,810
Net assets or fund balances, end of year
$75,741
Program services expenses (Part IX)
$634,406
Management and general expenses
$122,680
Fundraising expenses
$44,742
Program service expenses (Part III)
$634,406

Program services were 79.1% 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.

  • 1e · Government grants (contributions)

    $5,872

  • 1f · All other contributions, gifts and grants

    $603,931

  • 2a · Program service revenue: SUMMER EDUCATIONAL PROGRAM

    total $85,981 · related or exempt $85,981

  • 3 · Investment income

    total $45 · excluded $45

  • 8a · Fundraising events: gross income

    $78,980

  • 8c · Net income from fundraising events

    total $78,980 · excluded $78,980

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $69,015 · program services $69,015

  • 7 · Other salaries and wages

    total $22,598 · program services $3,469 · management and general $14,017 · fundraising $5,112

  • 10 · Payroll taxes

    total $9,835 · program services $7,781 · management and general $1,505 · fundraising $549

  • 11g · Fees: other

    total $559,660 · program services $442,803 · management and general $85,628 · fundraising $31,229

  • 12 · Advertising and promotion

    total $84,054 · program services $66,504 · management and general $12,860 · fundraising $4,690

  • 13 · Office expenses

    total $22,050 · program services $17,445 · management and general $3,374 · fundraising $1,231

  • 16 · Occupancy

    total $18,000 · program services $14,242 · management and general $2,754 · fundraising $1,004

  • 23 · Insurance

    total $16,616 · program services $13,147 · management and general $2,542 · fundraising $927

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $416,056 · end of year $368,652

  • 4 · Accounts receivable

    beginning of year $26,354 · end of year $9,550

  • 9 · Prepaid expenses and deferred charges

    beginning of year $34,169 · end of year $15,430

  • 10a · Land, buildings and equipment: cost or other basis

    $47,253

  • 10b · Land, buildings and equipment: accumulated depreciation

    $23,334

  • 10c · Land, buildings and equipment, net

    beginning of year $5,112 · end of year $23,919

  • 17 · Accounts payable and accrued expenses

    beginning of year $22,841 · end of year $7,209

  • 19 · Deferred revenue

    beginning of year $45,661 · end of year $37,994

  • 25 · Other liabilities

    beginning of year $310,429 · end of year $296,607

  • 27 · Net assets without donor restrictions

    beginning of year $54,063 · end of year $39,144

  • 28 · Net assets with donor restrictions

    beginning of year $48,697 · end of year $36,597

Mission and programs · 2023

Mission

TO PROMOTE CHARITABLE, ACADEMIC, AND/OR SCIENTIFIC ACTIVITIES TO CARRY ON INVESTIGATIONS AND COMUNITARIAN SERVICES RELATED TO HEART CARDIOLOGY AND CARDIO SURGERIES AS WELL AS TO FACILITATE THE ACCESS TO CARDIOLOGY SERVICES TO INDIGENT PATIENTS.

  • PROVIDE ACCESS TO ALTERNATIVE PROCEDURES FOR CADIOVASCULAR PATIENTS WITH FINANCIAL LIMITATIONS AND PROVEN NEED. DURING THE YEAR, ORIENTATION WAS PROVIDED TO A TOTAL OF 6 POTENTIAL PATIENTS. IN ADDITION, FINANCIAL AID WAS APPROVED FOR 1 PATIENT IN THE AMOUNT OF 3,500.

    Expenses $145,532

  • A TOTAL OF 4 ACTIVITIES WERE CARRIED OUT DURING THE YEAR IN WHICH GUIDANCE WAS PROVIDED ON HEALTHY LIFESTYLES AND HOW TO PREVENT CARDIOVASCULAR DISEASES, IMPACTING A TOTAL OF 361 PEOPLE. WE CARRIED OUT THE SUMMER PROGRAM FOR STUDENTS INTERESTED IN PURSUING A CAREER IN MEDICINE. WE RECEIVED A TOTAL OF 948 REGISTRATIONS AND 82 STUDENTS WERE ACCEPTED TO THE PROGRAM, OF WHICH 5 RECEIVED SCHOLARSHIPS FOR A TOTAL AMOUNT OF 4,500. IN ADDITION, THROUGH THE SUMMER PROGRAM, 244 HEALTH PROFESSIOALS WERE IMPACTED, INCLUDING DOCTORS, PROFESSORS, AND ACADEMIC INSTITUTIONS. MOREOVER, A DONATION OF 1,137.50 WAS PROVIDED FOR THE 12TH HEALTH PROFESSIONALS CONVERSATION OF THE PREMEDICAL CIRCLE OF THE UNIVERSITY OF PUERTO RICO WITH THE ASSISTANCE OF 350 PEOPLE. PROMOTE RESEARCH AND EDUCATION ON COURSES, PREVENTION AND TREATMENT OF CARDIOVASCULAR DISEASES, PARTICULARLY IN THE CONTEXT OF PUERTO RICAN CULTURE. DURING THE YEAR THE FOUNDATION RECEIVED DONATIONS OF SERVICES VALUATED IN 545,382.

    Expenses $488,874 · Revenue $85,981

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Miguel Chvres

    PRESIDENT

    Total calculated
    $0
    Hours/week
    11
  • Juan Martnez

    VICE-PRESIDE

    Total calculated
    $0
    Hours/week
    6
  • Eric Carro

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5
  • Rafael Ruiz Quijano

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4
  • Marisol Mrquez Elisa

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • Aidita Fournier

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5
  • Hctor Ramos

    TREASURER

    Total calculated
    $0
    Hours/week
    10
  • Anselmo Irizarry

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5
  • Enrique Carrin

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • Luisa M Lgaro

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5
  • Edwin Soto Tapia

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • Manuel Iglesias Belendez

    DIRECTOR

    Total calculated
    $0
    Hours/week
    8
  • Marisol Garca

    SECRETARY

    Total calculated
    $0
    Hours/week
    3
  • Cesar Maldonado

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • Manuel Palma

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5
  • Maura Tapia

    EXECUTIVE DI

    Total calculated
    $69,015
    From this org
    $69,015
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • Hector Martinez

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5
  • Rafael Rodrguez

    DIRECTOR

    Total calculated
    $0
    Hours/week
    11
  • Rohel Pascual Villaronga

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • Jaime Enrique II Cruz Perez

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • Michael Forte Malave

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • Luis Molinary

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5
  • Jeannette Quiones

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

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

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
30 January 2025
IRS schema version
2023v6.0
Source object
202530309349300848

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