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Nonprofiteer
← LA FUNDACION PUERTORRIQUENA DE LAS HUMANIDADES INC

Form 990 for tax year 2022

Filed by LA FUNDACION PUERTORRIQUENA DE LAS HUMANIDADES INC.

Totals

Total revenue
$2,902,722
Total expenses
$1,343,380
Contributions and grants received
$2,901,618
Grants paid
$198,468
Program service revenue
$0
Investment income
$1,104
Other revenue
$0
Total assets, end of year
$3,423,557
Total liabilities, end of year
$496,694
Net assets or fund balances, end of year
$2,926,863
Program services expenses (Part IX)
$934,104
Management and general expenses
$409,276
Fundraising expenses
$0
Program service expenses (Part III)
$934,104

Program services were 69.5% 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)

    $1,150,840

  • 1f · All other contributions, gifts and grants

    $1,750,778

  • 3 · Investment income

    total $1,104 · related or exempt $1,104

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $198,468 · program services $198,468

  • 7 · Other salaries and wages

    total $314,374 · program services $220,156 · management and general $94,218

  • 9 · Other employee benefits

    total $48,765 · management and general $48,765

  • 10 · Payroll taxes

    total $27,894 · program services $16,252 · management and general $11,642

  • 11b · Fees: legal

    total $176 · management and general $176

  • 13 · Office expenses

    total $7,239 · program services $2,896 · management and general $4,343

  • 14 · Information technology

    total $107,706 · program services $107,706

  • 16 · Occupancy

    total $23,406 · program services $9,362 · management and general $14,044

  • 23 · Insurance

    total $12,872 · management and general $12,872

  • 24a · Other expenses: COUNCIL MEETING & OTHERS

    total $366,320 · program services $356,058 · management and general $10,262

  • 24b · Other expenses: OTHER EXPENSES

    total $121,906 · program services $926 · management and general $120,980

  • 24c · Other expenses: PROFESSIONAL SERVICES

    total $85,068 · program services $20,300 · management and general $64,768

  • 24d · Other expenses: FEDERATION OF PROGRAM FEE

    total $18,584 · management and general $18,584

  • 24e · All other expenses

    total $10,602 · program services $1,980 · management and general $8,622

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $230,014 · end of year $1,729,319

  • 4 · Accounts receivable

    beginning of year $1,693,026 · end of year $1,682,375

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

    $5,399

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

    $5,399

  • 15 · Other assets

    beginning of year $14,378 · end of year $11,863

  • 17 · Accounts payable and accrued expenses

    beginning of year $81,210 · end of year $246,136

  • 18 · Grants payable

    beginning of year $488,687 · end of year $250,558

  • 27 · Net assets without donor restrictions

    beginning of year $67,037 · end of year $67,173

  • 28 · Net assets with donor restrictions

    beginning of year $1,300,484 · end of year $2,859,690

Mission and programs · 2022

Mission

TO PROMOTE THE VALUE OF THE HUMANITIES THROUGH ITS OWN INITIATIVES. IT ALSO PROMOTES FINANCES AND SUPPORTS DESERVING, HIGH QUALITY PROPOSALS FROM INDIVIDUALS, COMMUNITIES AND NON-PROFIT ENTITIES. THE INITIATIVES AND PROPOSALS SUPPORTED ARE AIMED AT DEVELOPING PROGRAMS AND ACTIVITIES THAT STIMULATE ANALYSIS AND DISSEMINATION OF KNOWLEDGE ABOUT THE PUERTO RICAN EXPERIENCE AND REALITY.

Activities or mission (Part I)

STIMULATES LOCAL INITIATIVES IN HUMANISTICS ENDEAVORS. ONE OF THE SIGNIFICANT PROGRAMS ARE THE COUNCIL CONDUCTED PROJECTS THAT INCLUDES THE DEVELOPMENT OF PUERTO RICO ONLINE ENCYCLOPEDIA PROJECT.

  • THE PROJECTS OFFICE OF FPH FINANCIALLY SUPPORTS PROJECTS THAT STIMULATES THE EXCHANGE OF IDEAS AND THE DISSEMINATION OF HUMANISTIC KNOWLEDGE IN THE PUERTO RICO SOCIETY. THE OFFICE OF COUNCIL CONDUCTED PROJECTS ASSITS TO ENRICH THE CURRICULUM AND TEACHING OF THE HUMANITIES IN PUERTO RICO AND CREATES A SUPPORT NETWORK THAT ESTABLISHES A SOURCE OF FUNDING FOR THE DEVELOPMENT OF A PUERTO RICO ONLINE ENCYCLOPEDIA. FUNDS ARE GRANTED BY THE NATIONAL ENDOWEMENT FOR THE HUMANITIES (NEH)

    Expenses $934,104 · Grants $198,468

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Sonya Canetti

    EXECTIVE DIR

    Total calculated
    $81,000
    From this org
    $81,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Maria Del Carmen Baerga

    MEMBER

    Total calculated
    $0

  • Taina Caragol

    MEMBER

    Total calculated
    $0

  • Mercedes Casablanca

    MEMBER

    Total calculated
    $0

  • Linda Colon

    MEMBER

    Total calculated
    $0

  • Mariam Noble De Guillemard

    MEMBER

    Total calculated
    $0

  • Cesar Rey Hernandez

    MEMBER

    Total calculated
    $0

  • Rodolfo Lugo

    SECRETARY

    Total calculated
    $0

  • Rafael Martinez Margarida

    TREASURER

    Total calculated
    $0

  • Eduardo Negron Mendez

    MEMBER

    Total calculated
    $0

  • Lcdo Jaime Toro Monserrate

    CHAIRMAN

    Total calculated
    $0

  • Loretta Phelps

    MEMBER

    Total calculated
    $0

  • Teresa Previdi

    MEMBER

    Total calculated
    $0

  • Rafael Ramirez

    MEMBER

    Total calculated
    $0

  • Luis Alberto Ferre Rangel

    VICE PRESIDE

    Total calculated
    $0

  • Gradissa Fernandez Rivera

    MEMBER

    Total calculated
    $0

  • Heriberto Martinez Rivera

    MEMBER

    Total calculated
    $0

  • Edda Rodriguez Tomasini

    MEMBER

    Total calculated
    $0

  • Maria Elba Torres

    VOCAL

    Total calculated
    $0

  • Jeannette Vecchini

    MEMBER

    Total calculated
    $0

  • Hernan Vera

    MEMBER

    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

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2022
Filed
16 September 2024
IRS schema version
2022v5.0
Source object
202402609349302020

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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