Civic Intelligence

Asociacion Puertorriquenos En Marcha Inc

EIN 23-1930630 • 501(c)3 • Philadelphia, PA

Profile

To promote the welfare of the puerto rican / latino residents of the greater philadelphia area by providing services to improve quality of life and opportunities.

1900 N 9th St Ste 102Philadelphia, PA 19122

www.apmphila.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

55th percentile

0.26x

Higher debt load relative to assets than 55% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

46th percentile

0.24x

Higher debt load relative to revenue than 46% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Net Margin

40th percentile

1.2%

Higher net margin than 40% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

83rd percentile

$517,118

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 1.1% of source-year revenue.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Asset Growth

70th percentile

11%

Faster asset growth than 70% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

81st percentile

35%

Faster revenue growth than 81% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Assets

Up

$41,896,399

Up $4,262,607 (+11%) from 2023

Liabilities

Up

$11,037,267

Up $3,735,082 (+51%) from 2023

Net Assets

Up

$30,859,132

Up $527,525 (+1.7%) from 2023

Revenue

Up

$45,398,929

Up $11,785,391 (+35%) from 2023

Expenses

Up

$44,871,404

Up $15,878,998 (+55%) from 2023

Net Income

Down

$527,525

Down $4,093,607 (-89%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$60M$40M$20M$0Assets 2010: $10,082,863Liabilities 2010: $1,598,952Net Assets 2010: $8,483,9112010Assets 2011: $9,900,595Liabilities 2011: $1,642,421Net Assets 2011: $8,258,1742011Assets 2012: $10,147,517Liabilities 2012: $1,204,754Net Assets 2012: $8,942,7632012Assets 2013: $12,157,083Liabilities 2013: $2,628,989Net Assets 2013: $9,528,0942013Assets 2014: $16,538,034Liabilities 2014: $4,599,134Net Assets 2014: $11,938,9002014Assets 2015: $18,663,722Liabilities 2015: $4,015,594Net Assets 2015: $14,648,1282015Assets 2016: $20,280,948Liabilities 2016: $4,963,655Net Assets 2016: $15,317,2932016Assets 2017: $20,559,489Liabilities 2017: $5,418,910Net Assets 2017: $15,140,5792017Assets 2018: $19,070,260Liabilities 2018: $3,362,034Net Assets 2018: $15,708,2262018Assets 2019: $23,019,379Liabilities 2019: $4,434,254Net Assets 2019: $18,585,1252019Assets 2020: $24,554,344Liabilities 2020: $5,786,676Net Assets 2020: $18,767,6682020Assets 2021: $27,252,719Liabilities 2021: $4,831,765Net Assets 2021: $22,420,9542021Assets 2022: $30,881,232Liabilities 2022: $5,170,757Net Assets 2022: $25,710,4752022Assets 2023: $37,633,792Liabilities 2023: $7,302,185Net Assets 2023: $30,331,6072023Assets 2024: $41,896,399Liabilities 2024: $11,037,267Net Assets 2024: $30,859,1322024

Highlighted filing

2024

Assets$41,896,399
Liabilities$11,037,267
Net Assets$30,859,132

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$60M$40M$20M$0-$20MExpenses 2010: $10,072,3242010Expenses 2011: $9,455,7012011Expenses 2012: $9,525,8592012Expenses 2013: $12,038,0362013Revenue 2014: $23,296,122Expenses 2014: $20,885,316Net Income 2014: $2,410,8062014Revenue 2015: $33,353,076Expenses 2015: $30,643,848Net Income 2015: $2,709,2282015Revenue 2016: $37,700,484Expenses 2016: $37,031,319Net Income 2016: $669,1652016Revenue 2017: $38,050,112Expenses 2017: $38,226,826Net Income 2017: -$176,7142017Revenue 2018: $24,541,874Expenses 2018: $23,974,227Net Income 2018: $567,6472018Revenue 2019: $30,462,380Expenses 2019: $27,585,481Net Income 2019: $2,876,8992019Revenue 2020: $25,557,047Expenses 2020: $25,374,504Net Income 2020: $182,5432020Revenue 2021: $29,564,021Expenses 2021: $25,910,735Net Income 2021: $3,653,2862021Revenue 2022: $28,280,861Expenses 2022: $24,991,340Net Income 2022: $3,289,5212022Revenue 2023: $33,613,538Expenses 2023: $28,992,406Net Income 2023: $4,621,1322023Revenue 2024: $45,398,929Expenses 2024: $44,871,404Net Income 2024: $527,5252024

Highlighted filing

2024

Revenue$45,398,929
Expenses$44,871,404
Net Income$527,525

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$41.9$11.0$30.9$45.4$44.9$0.53
2023Summary only. Only limited summary data is available for this year.$37.6$7.30$30.3$33.6$29.0$4.62
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$30.9$5.17$25.7$28.3$25.0$3.29
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$27.3$4.83$22.4$29.6$25.9$3.65
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$24.6$5.79$18.8$25.6$25.4$0.18
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$23.0$4.43$18.6$30.5$27.6$2.88
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$19.1$3.36$15.7$24.5$24.0$0.57
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$20.6$5.42$15.1$38.1$38.2$0.18
2016Detailed filing. Detailed filing data is available for this year.$20.3$4.96$15.3$37.7$37.0$0.67
2015Detailed filing. Detailed filing data is available for this year.$18.7$4.02$14.6$33.4$30.6$2.71
2014Detailed filing. Detailed filing data is available for this year.$16.5$4.60$11.9$23.3$20.9$2.41
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.2$2.63$9.53$12.0
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.1$1.20$8.94$9.53
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.90$1.64$8.26$9.46
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.1$1.60$8.48$10.1
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 15, 2025
Return Version
2023v6.0
Gross Receipts
$45,398,929
Mission and Program Overview

Mission

To promote the welfare of puerto rican / latino residents of the greater philadelphia area through their health, human serivces and community development programs.

To promote the welfare of puerto rican / latino residents of the greater Philadelphia area through their health human services and community development programs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$6,356,497$11,293,557▲ $4,937,060
Land, Buildings, and Equipment, Net$5,663,227$6,492,794▲ $829,567
Investments Program Related$5,583,723$5,659,070▲ $75,347
Investments in Publicly Traded Securities$0$2,617,858▲ $2,617,858
Savings and Temporary Cash Investments$9,048,521$1,447,590▼ $7,600,931
Cash and Non-Interest-Bearing Accounts$2,528,348$567,154▼ $1,961,194
Prepaid Expenses and Deferred Charges$83,851$29,995▼ $53,856
Accounts Receivable$25,022$25,022→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$37,633,792$41,896,399▲ $4,262,607
Other Assets Total$8,344,603$13,763,359▲ $5,418,756
Liabilities
Other Liabilities$1,631,780$6,469,985▲ $4,838,205
Accounts Payable and Accrued Expenses$5,651,975$4,548,852▼ $1,103,123
Deferred Revenue$18,430$18,430→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$7,302,185$11,037,267▲ $3,735,082
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$29,913,921$30,580,335▲ $666,414
Net Assets With Donor Restrictions$417,686$278,797▼ $138,889
Total Net Assets Fund Balance$30,331,607$30,859,132▲ $527,525
Total Liabilities and Net Assets / Fund Balance$37,633,792$41,896,399▲ $4,262,607

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,783,459$2,838,408$5,621,867
Equipment$2,414,709$2,205,393$4,620,102
Other Land Buildings$1,280,025$0$1,280,025
Land$14,601-$14,601
Investment Program Related Org$1,875,677--
Other Assets Org$5,252,413--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Nilda I RuizPresident/CEOFT$443,441$73,677$517,118
Hector Colon-riveraMedical DirectorFT$299,029$44,439$343,468
Manuel DelgadoChief Operating OfficerFT$198,084$37,707$235,791
Chanell HannsChief Financial OfficerFT$193,014$37,687$230,701
Rasak AzeezSr.VP of Asset ManagementFT$165,830$52,314$218,144
Rose Gray-hesingtonSr.VP of Community Economic DeFT$165,889$23,539$189,428

Board Members and Trustees

NameTitle
Pelayo Coll EsqBoard Chair
Jonathan J Hood1st Vice Chair
April G Henry2nd VICE CHAIR
Dr Marilyn MartinezBoard Member
Flora M Castillo ChieBoard Member
Javier RodriguezBoard Member
Lorena E Ahumada EsqBoard Member
Luz ColonBoard Member
Mark Kirszner DswBoard Member
Professor Juan a AyalaBoard Member
Sean B Mcgonigle CPABoard Member
Tiffany HarrisBoard Member
Imani N GreenBoard Secretary
Edward P AdamsTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Enertia LLCComputer Equipment6 NESHAMINY INTERPLEX SUITE 212, Trevose, PA 19053$514,980
Elite Guard Security LLCBuilding Security171 VALLEY FORGE RD PO BOX 604, Worcester, PA 19490$324,505
WithumAuditing ServicesPO BOX 5340, Princeton, NJ 19104$144,704
Lucy M JimenezTherapy Services1008 LORRAINE ST, Philadelphia, PA 19116$137,327
Rolando Da CostaTherapy Services233 ANDERSON LN, Ambler, PA 19002$116,279
Revenue and Support

Revenue Composition

Contributions and Grants
$35,179,695
Program Service Revenue
$9,947,381
Investment Income
$271,853
Other Revenue
$0
All Other Contributions
$708,965
Change in Net Assets
$527,525
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$26,969,323
Other Expenses$16,356,240
Grants and Similar Amounts Paid$1,545,841
Total Fundraising Expense$111,300
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$18,473,565$1,788,724$30,438$20,292,727
Insurance$5,909,903$4,000$500$5,914,403
Fees for Services Other$3,606,801$314,683$18,808$3,940,292
Other Employee Benefits$3,037,140$401,258$4,748$3,443,146
Occupancy$2,813,576$142,360$5,985$2,961,921
Payroll Taxes$1,522,445$219,123$2,379$1,743,947
Office Expenses$1,195,007$311,150$45,929$1,552,086
Grants to Domestic Individuals$1,545,841--$1,545,841
Depreciation Depletion-$1,285,732-$1,285,732
Pension Plan Contributions$878,280$92,730$1,375$972,385
Current Officers, Directors, Trustees, and Key Employees$25,306$491,812-$517,118
Travel$164,354$199,587-$363,941
Fees for Services Accounting$130,066--$130,066
Fees for Services Legal$50,040$37,816-$87,856
Conferences and Meetings$61,431$6,349$1,138$68,918
Interest$3,260$37,635-$40,895
Information Technology$10,130--$10,130
Total Functional Expenses$39,427,145$5,332,959$111,300$44,871,404
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liability$5,336,584
Deferred Compensation Liability$1,133,401
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

A draft of form 990 is first provided to the finance committee for review, including consideration of the general accuracy of the filing, financial data and disclosures made. Once approved by the committee, the form 990 is submitted to the apm board of directors for its consideration and final approval prior to filing with the irs. A record of the board action for acceptance of the form 990 filing is maintained in the record of board, finance committee and/or executive committee minutes, as applicable.

Form 990, Part VI, Section B, Line 12C

Board members and executive management are asked to present any potential conflict of interest concerns to the board, and if not previously disclosed, will make disclosure before any relevant board or committee action.

Form 990, Part VI, Section B, Lines 15A & 15B

The apm board of directors establishes key objectives for the president/ceo annually and in connection with apm's 5 year strategic plan. At the conclusion of each fiscal year, the executive committee reviews and assesses the president/ceo's performance for the period versus these objectives and consults with an independent third party to obtain and review compensation and survey data from multiple external sources. Based on both the annual performance appraisal and survey data obtained, the executive committee makes a recommendation to the apm board of directors as to the level of compensation and benefits for the president/ceo. The board of directors maintains sole authority to approve compensation and benefits for the president/ceo.

Form 990, Part VI, Section C, Line 19

All governing documents are maintained on the premises of asociacion de puertorriquenos en marcha, inc. And are available upon request.

Filing and Contact Details

Filer

Filer Name
Asociacion De Puertorriquenos En Marcha Inc
EIN
23-1930630
In Care Of
% CHANELL HANNS CFO
Phone
2672967200
Address
1900 N 9th St Ste 102, Philadelphia, PA 19122

Signing Officer

Name
Nilda Ruiz
Title
President/CEO
Phone
2672967200
Signed
2025-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Nilda Ruiz
Formed
1971
Legal Domicile
Pa
Voting Board Members
14
Independent Board Members
14
Employees
460
Volunteers
14

Preparer

Firm
Withumsmithbrown Pc
Address
1835 MARKET STREET SUITE 1710, PHILADELPHIA, PA 19103-2945
Preparer
Eric M Strauss
Phone
2155462140
Supplemental Narrative

Additional Explanations

Form 990, Part III, Program Service- Line 4D

APM's Community Economic Development Division helps to develop and rebuild neighborhoods. As a leader in community development, APM is a driver of the sweeping changes taking place in Eastern North PHILADELPHIA. "GROUND-UP" CONSTRUCTION, NEW BUSINESSES, HOUSING developments and greening projects have successfully transformed this urban locale into a bustling community, generating renewed interest in the area. Using a holistic approach to revitalization, APM is working to meet the social, economic and ecological needs in the neighborhoods bordered by Temple University and the American Street Empowerment Zone. APM has a unique strategy to address the challenges of a community comprised of both homeowners and renters. APM has used housing counseling and the economic mobility center as a vehicle to drive the housing and economic development efforts.

Financial Statement Notes

Schedule D, Part X, Line 2

APM Inc, qualifies as a tax-exempt organization under existing provisions of the Internal Revenue Code Section 501(c)(3), and their income is not subject to federal or state income taxes. Management has determined that there are no uncertain tax positions for APM as of the date of adoption or at June 30, 2024 and 2023. In addition, there are no income tax related penalties or interest for the period reported in these financial statements.

Raw XML AppendixShowing 400 of 1,051 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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