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Nonprofiteer
← PR EDUCATION INITIATIVE CORP

Form 990 for tax year 2024

Filed by PR EDUCATION INITIATIVE CORP.

Totals

Total revenue
$371,116
Total expenses
$473,881
Contributions and grants received
$371,116
Grants paid
$0
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$140,061
Total liabilities, end of year
$1,927
Net assets or fund balances, end of year
$138,134
Program services expenses (Part IX)
$216,391
Management and general expenses
$257,490
Fundraising expenses
$0
Program service expenses (Part III)
$473,881

Program services were 45.7% 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.

  • 1f · All other contributions, gifts and grants

    $371,116

  • 8c · Net income from fundraising events

    total $0

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $119,999 · management and general $119,999

  • 10 · Payroll taxes

    total $9,834 · management and general $9,834

  • 11b · Fees: legal

    total $2,200 · management and general $2,200

  • 11c · Fees: accounting

    total $22,027 · management and general $22,027

  • 11g · Fees: other

    total $38,750 · management and general $38,750

  • 16 · Occupancy

    total $11,345 · management and general $11,345

  • 23 · Insurance

    total $2,126 · management and general $2,126

  • 24a · Other expenses: MARKETING

    total $15,225 · management and general $15,225

  • 24b · Other expenses: MEALS

    total $7,114 · management and general $7,114

  • 24c · Other expenses: OTHER EXPENSES

    total $245,261 · program services $216,391 · management and general $28,870

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $247,493 · end of year $125,430

  • 15 · Other assets

    beginning of year $3,958 · end of year $14,631

  • 17 · Accounts payable and accrued expenses

    beginning of year $10,552 · end of year $1,927

  • 27 · Net assets without donor restrictions

    beginning of year $36,263 · end of year $36,263

  • 28 · Net assets with donor restrictions

    beginning of year $204,636 · end of year $101,871

Mission and programs · 2024

Mission

WE ARE A NON-PROFIT, INDEPENDENT, APOLLITICAL ORGANIZATION THAT SUPPORTS THE STRATEGIC INNOVATION AND TRANSFORMATION OF THE PUBLIC EDUCATION IN PUERTO RICO.

Activities or mission (Part I)

THEIR MISSION IS TO EMPOWER CHANGE THROUGH MEANINGFUL AND STRATEGIC PARTNERSHIPS FOR THE BENEFIT OF EVERYONE IN PUERTO RICO.

  • SCHOOL GRANTS

    Expenses $473,881 · Revenue $371,116

As filed on the 2024 return.

Listed in Part VII

  • Dominique A Gi

    EXECUTIVE DIRE

    Total calculated
    $119,999
    From this org
    $119,999
    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

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
12 November 2025
IRS schema version
2024v5.0
Source object
202533219349321923

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