Form 990 for tax year 2023
Filed by CARIBBEAN CONSOLIDATED SCHOOLS TR.
Totals
- Total revenue
- $62,137
- Total expenses
- $22,553
- Contributions and grants received
- $20,000
- Grants paid
- $15,766
- Program service revenue
- $0
- Investment income
- $37,311
- Other revenue
- $4,826
- Total assets, end of year
- $1,237,065
- Total liabilities, end of year
- $9,248
- Net assets or fund balances, end of year
- $1,227,817
- Program services expenses (Part IX)
- $18,645
- Management and general expenses
- $3,908
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $18,645
Program services were 82.7% 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.
-
1d · Related organizations
$20,000
-
3 · Investment income
total $37,311 · excluded $37,311
-
11a · Other revenue: OTHER INCOME
total $4,826 · excluded $4,826
-
11e · Other revenue, total
$4,826
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $15,766 · program services $15,766
-
11c · Fees: accounting
total $3,774 · management and general $3,774
-
24a · Other expenses: PROPERTY INSURANCE
total $2,879 · program services $2,879
-
24b · Other expenses: BANK CHARGES
total $134 · management and general $134
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,206,536 · end of year $1,081,636
-
9 · Prepaid expenses and deferred charges
beginning of year $1,325 · end of year $1,325
-
15 · Other assets
end of year $154,104
-
17 · Accounts payable and accrued expenses
beginning of year $16,978 · end of year $9,248
-
25 · Other liabilities
beginning of year $2,650
-
27 · Net assets without donor restrictions
beginning of year $1,188,233 · end of year $1,227,817
Mission and programs · 2023
Mission
TO GENERATE REVENUES DERIVED FROM THE INVESTMENT AND FUNDRAISING ACTIVITIES TO FUND SCHOLARSHIPS FOR STUDENTS THAT SATISFY THE INTELLECTUAL AND MORAL CRITERIA AND/OR MEET THE REQUIREMENTS ESTABLISHED BY THE BOARD OF DIRECTORS TO BECOME STUDENTS OF COMMONWEALTH-PARKVILLE SCHOOL, A TAX EXEMPT ORGANIZATION UNDER THE SEC. 501(C)(3).
-
PROVIDE SCHOLARSHIPS FOR STUDENTS THAT SATISFY THE INTELLECTUAL AND MORAL CRITERIA AND/OR MEET THE REQUIREMENTS ESTABLISHED BY THE BOARD OF DIRECTORS TO BECOME STUDENTS OF COMMONWEALTH-PARKVILLE SCHOOL, TO COVER THE COST OF TUITON, BOOK FEES, TRANSPORTATION, MEALS AND ANY OTHER EXPENSE DIRECTLY RELATED TO THE INTERMEDIATE OR SECONDARY SCHOOL EDUCATION.
Expenses $18,645 · Grants $15,766 · Revenue $62,137
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Fernando Del LlanoFERNANDO DEL LLANO
CHAIRPERSON
- Total calculated
- $0
- Hours/week
- 0.5
-
Carlos ArroyoCARLOS ARROYO
MEMBER
- Total calculated
- $0
- Hours/week
- 0.2
-
Miguel PaezMIGUEL PAEZ
TREASURER
- Total calculated
- $0
- Hours/week
- 0.3
-
Maria MontanezMARIA MONTANEZ
MEMBER
- Total calculated
- $0
- Hours/week
- 0.2
-
Marilola MartinezMARILOLA MARTINEZ
DIRECTOR OF
- 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.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
CARIBBEAN CONSOLIDATED SCOOLS INC
501 · EDUCATION · PR
Directly controlled by NA
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 15 May 2025
- IRS schema version
- 2023v6.0
- Source object
- 202511349349303026
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.