Totals
- Total revenue
- $2,375,069
- Total expenses
- $2,991,469
- Contributions and grants received
- $2,325,455
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $49,614
- Other revenue
- $0
- Total assets, end of year
- $6,470,509
- Total liabilities, end of year
- $3,255,770
- Net assets or fund balances, end of year
- $3,214,739
- Program services expenses (Part IX)
- $881,984
- Management and general expenses
- $1,656,983
- Fundraising expenses
- $452,502
- Program service expenses (Part III)
- $881,984
Program services were 29.5% 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)
$2,094,662
-
1f · All other contributions, gifts and grants
$230,793
-
3 · Investment income
total $49,614 · related or exempt $49,614
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $552,000 · program services $102,697 · management and general $352,799 · fundraising $96,504
-
7 · Other salaries and wages
total $980,186 · program services $182,358 · management and general $626,466 · fundraising $171,362
-
11a · Fees: management
total $1,176,802 · program services $596,929 · management and general $489,873 · fundraising $90,000
-
11g · Fees: other
total $36,453 · management and general $36,453
-
12 · Advertising and promotion
total $21,241 · management and general $21,241
-
13 · Office expenses
total $36,214 · management and general $36,214
-
17 · Travel
total $18,710 · fundraising $18,710
-
20 · Interest
total $58,819 · management and general $58,819
-
22 · Depreciation, depletion and amortization
total $10,586 · management and general $10,586
-
23 · Insurance
total $4,286 · management and general $4,286
-
24a · Other expenses: DONATION
total $65,686 · fundraising $65,686
-
24b · Other expenses: TRAINING AND SEMINARS
total $23,499 · management and general $13,259 · fundraising $10,240
-
24c · Other expenses: MISCELLANEOUS EXPENSES
total $2,875 · management and general $2,875
-
24d · Other expenses: BANK CHARGES
total $1,961 · management and general $1,961
-
24e · All other expenses
total $2,151 · management and general $2,151
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,150,896 · end of year $1,216,448
-
4 · Accounts receivable
beginning of year $6,603,325 · end of year $5,211,895
-
9 · Prepaid expenses and deferred charges
end of year $14,333
-
10a · Land, buildings and equipment: cost or other basis
$56,259
-
10b · Land, buildings and equipment: accumulated depreciation
$28,426
-
10c · Land, buildings and equipment, net
beginning of year $38,419 · end of year $27,833
-
17 · Accounts payable and accrued expenses
beginning of year $3,055,166 · end of year $2,405,830
-
25 · Other liabilities
beginning of year $653,662 · end of year $849,940
-
27 · Net assets without donor restrictions
beginning of year $4,033,812 · end of year $3,214,739
-
28 · Net assets with donor restrictions
beginning of year $50,000
Mission and programs · 2024
Mission
RAISE CAPITAL TO SUPPORT A DIVERSE PORTFOLIO OF PROGRAMS, ORGANIZATIONS, AND IMPACT-FIRST BUSINESSES OFTEN LET OUT OF TRADITIONAL MARKETS, GENERATE ECONOMIC VALUE WHILE BENEFITING UNDERSERVED COMMUNITIES AND CREATING OPPORTUNITIES FOR SOCIAL MOBILITY.
-
CAPITAL PROJECTS - IMPLEMENTATION AND MANAGEMENT OF VARIOUS PROJECTS AIMED AT IMPROVING INFRASTRUCTURE, FACILITIES, OR ASSETS WITHIN THE COMMUNITY. DEVELOP, INTERCONNECT, ASSEMBLE PROJECTS WITH SPECIFIC OBJECTIVES, TIMELINES, AND BUDGETS, ALL DESIGNED TO ACHIEVE A COMMON GOAL.
Expenses $779,287
-
HEALTHCARE - PROVIDE SOCIALLY EQUITABLE, QUALITY HEALTH SERVICES TO UNDERSERVED COMMUNITIES TO IMPROVE HEALTH BY DEVELOPING FINANCIALLY VIABLE AND SUSTAINABLE HEALTH SERVICES INCLUDING PRIMARY PREVENTIVE HEALTH, LABORATORY AND X-RAY SERVICES FOR UNDERSERVED, DENSELY POPULATED, WELL DEFINED GEOGRAPHIC AREAS.
-
BUSINESS DEVELOPMENT - THE BUSINESS DEVELOPMENT EFFORTS OF PLATFORM FOR SOCIAL IMPACT, INC. (PSI) ENCOMPASS A WIDE RANGE OF INITIATIVES AIMED AT EXPANDING THE ORGANIZATION'S REACH AND IMPACT. THIS INCLUDES EXPLORING OPPORTUNITIES FOR STRATEGIC PARTNERSHIPS, SECURING FUNDING FROM DIVERSE SOURCES, AND DEVELOPING INNOVATIVE FINANCIAL INSTRUMENTS. PSI'S PURSUIT OF CATALYTIC CAPITAL IN PUERTO RICO IS TO DEMONSTRATE THE EXISTENCE OF AN UNTAPPED MARKET FOR IMPACT INVESTMENT IN THE REGION, WITH THE POTENTIAL TO GENERATE THE NECESSARY RESOURCES TO ENSURE THE LONG-TERM SUSTAINABILITY OF PSI'S INITIATIVES AND ECONOMIC MOBILITY FOR FAMILIES.
-
DURING THE FISCAL YEAR ENDED JUNE 30, 2025, PSI SIGNED A PROFESSIONAL SERVICES CONTRACT WITH THE DEPARTMENT OF ECONOMIC DEVELOPMENT AND COMMERCE OF PUERTO RICO THAT AMOUNTED TO APPROXIMATELY 2,250,000 TO PROVIDE SERVICES RELATED WITH LANDSCAPE SCAN AND NEEDS ASSESSMENT FOR THE WORKFORCE DEVELOPMENT PROGRAM, IN COLLABORATION WITH JOBS FOR THE FUTURE, INC. (JFF), A NOT-FOR-PROFIT ENTITY DEDICATED TO THE PAST FORTY (40) YEARS TO PROMOTE THE TRANSFORMATION OF EDUCATIONAL AND LABOR ECOSYSTEMS IN THE UNITED STATES TO ACHIEVE ECONOMIC PROGRESS IN DISADVANTAGED POPULATIONS.
Expenses $102,697
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Eduardo CarreraEDUARDO CARRERA
CEO
- Total calculated
- $221,000
- From this org
- $221,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $221,000
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- $221,000
-
Heriberto TorresHERIBERTO TORRES
CFO
- Total calculated
- $181,000
- From this org
- $181,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $181,000
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- $181,000
-
Camila RiveroCAMILA RIVERO
COO
- Total calculated
- $150,000
- From this org
- $150,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Bertil ChappuisBERTIL CHAPPUIS
BOARD OF DIR
- Total calculated
- $0
-
Rafael SomozaRAFAEL SOMOZA
BOARD OF DIR
- Total calculated
- $0
-
Monica De La TorreMONICA DE LA TORRE
BOARD OF DIR
- Total calculated
- $0
-
Rafael VelezRAFAEL VELEZ
BOARD OF DIR
- Total calculated
- $0
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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 11 May 2026
- IRS schema version
- 2024v5.0
- Source object
- 202611319349302541
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