Form 990 for tax year 2023
Filed by FUNDACION GESTOS POSITIVOS ECONO INC.
Totals
- Total revenue
- $300,861
- Total expenses
- $197,199
- Contributions and grants received
- $33,000
- Grants paid
- $197,199
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $267,861
- Total assets, end of year
- $122,899
- Total liabilities, end of year
- $29,022
- Net assets or fund balances, end of year
- $93,877
- Program services expenses (Part IX)
- $197,199
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $197,199
Program services were 100.0% 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.
-
1c · Fundraising events
$33,000
-
8a · Fundraising events: gross income
$545,318
-
8a · Fundraising events: contributions included on line 1c
$33,000
-
8b · Fundraising events: direct expenses
$277,457
-
8c · Net income from fundraising events
total $267,861
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $197,199 · program services $197,199
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
end of year $93,142
-
4 · Accounts receivable
end of year $23,000
-
15 · Other assets
end of year $6,757
-
17 · Accounts payable and accrued expenses
beginning of year $9,785
-
25 · Other liabilities
end of year $29,022
-
31 · Retained earnings, endowment or other funds
beginning of year -$9,785 · end of year $93,877
Mission and programs · 2023
Mission
THE CORPORATION WAS ORGANIZED TO PROVIDE CHARITABLE FOUNDATION SERVICES, INCLUDING PROVIDING SERVICES AND ACTIVITIES THAT WILL ENRICH AND ASSIST THE GENERAL COMMUNITY AND DEVELOP THE SOCIAL, ECONOMIC, CULTURAL, CIVIC AND RECREATIONAL ASPECTS OF DISADVANTAGED COMMUNITIES.
Activities or mission (Part I)
THE CORPORATION WAS ORGANIZED TO PROVIDE CHARITABLE FOUNDATION SERVICES, INCLUDING PROVIDING SERVICES AND ACTIVITIES THAT WILL ENRICH AND ASSIST THE GENERAL COMMUNITY AND DEVELOP THE SOCIAL, ECONOMIC, CULTURAL, CIVIC AND RECREATIONAL ASPECTS OF DISADVANTAGED COMMUNITIES. ACCORDINGLY, THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL, AND SCIENTIFIC PURPOSES, INCLUDING, FOR SUCH PURPOSES, THE MAKING OF CONTRIBUTIONS TO ORGANIZATIONS.
-
PROVIDE DONATIONS TO CHARITABLE ORGANIZATIONS.
-
PROVIDE DONATIONS TO CHARITABLE ORGANIZATIONS.
Expenses $197,199 · Grants $197,199
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Juan R Barreto SosaJUAN R BARRETO SOSA
PRESIDENT, T
- Total calculated
- $0
-
Diane Ruiz IrizarryDIANE RUIZ IRIZARRY
SECRETARY
- Total calculated
- $0
-
Awilda Quiones RamosAWILDA QUIONES RAMOS
SECRETARY
- Total calculated
- $0
-
Eduardo A Marxuach ColonEDUARDO A MARXUACH COLON
PRESIDENT &
- Total calculated
- $0
-
Glorimar ArochoGLORIMAR AROCHO
EXECUTIVE AS
- Total calculated
- $0
-
Ramon A Santiago LizardiRAMON A SANTIAGO LIZARDI
CFO
- Total calculated
- $0
-
Yerika Estrada LopezYERIKA ESTRADA LOPEZ
HR DIRECTOR
- Total calculated
- $0
-
Raul Alonso MedinaRAUL ALONSO MEDINA
COMPTROLLER
- 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
-
$40,000
TORNEO GOLF
-
AUDITORIUM DE AMOR KENNEDY INC
$35,000
TORNEO GOLF
-
OTHERS LESS 5000
$17,699
-
PUERTO RICO GOLF ASSOCIATION INC
$15,000
TORNEO GOLF
-
TORNEO GOLF
-
TORNEO GOLF
-
$10,000
TORNEO GOLF
-
HERMANAS DOMINICANAS DE FATIMA
$10,000
TORNEO GOLF
-
ALSAC ST JUDE CHILDREN RESEARCH
$10,000
-
MUJER EMPRENDE PUERTO RICO INC
$10,000
TORNEO GOLF
The 10 largest by cash amount. The API serves every itemized grant.
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
SUPERMERCADOS ECONO INC
C CORP · SUPERMARKE · PR
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 3 February 2025
- IRS schema version
- 2023v6.0
- Source object
- 202540349349302014
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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