Civic Intelligence

Boricua College

990 • Fiscal year 2020 • EIN 51-0175975

Jul 01, 2019 to Jun 30, 2020 • Filed on Mar 31, 2021

3755 BroadwayNew York, NY 10032

(212) 694-1000

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

57th percentile

0.29x

Higher debt load relative to assets than 57% of similar nonprofits.

2020 filings • NTEE B • $50M-$100M nonprofits • Source year 2020

Liabilities / Revenue

84th percentile

2.05x

Higher debt load relative to revenue than 84% of similar nonprofits.

2020 filings • NTEE B • $50M-$100M nonprofits • Source year 2020

Net Margin

13th percentile

-14%

Higher net margin than 13% of similar nonprofits.

2020 filings • NTEE B • $50M-$100M nonprofits • Source year 2020

Top Officer Pay

31st percentile

$234,061

Higher top officer pay than 31% of similar nonprofits.

Top officer pay equals 2.3% of source-year revenue.

2020 filings • NTEE B • $50M-$100M nonprofits • Source year 2020

Asset Growth

37th percentile

-0.1%

Faster asset growth than 37% of similar nonprofits.

2020 filings • NTEE B • $50M-$100M nonprofits • Annualized from 2019 to 2020

Revenue Growth

70th percentile

8.6%

Faster revenue growth than 70% of similar nonprofits.

2020 filings • NTEE B • $50M-$100M nonprofits • Annualized from 2019 to 2020

Assets

Down

$72,171,436

Down $70,276 (-0.1%) from 2019

Net Assets

Down

$51,342,991

Down $1,568,935 (-3.0%) from 2019

Liabilities

Up

$20,828,445

Up $1,498,659 (+7.8%) from 2019

Revenue

Up

$10,144,788

Up $804,733 (+8.6%) from 2019

Expenses

Down

$11,592,619

Down $811,826 (-6.5%) from 2019

Net Income

Up

-$1,447,831

Up $1,616,559 (+53%) from 2019

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$80M$60M$40M$20M$0Assets 2010: $10,388,712Liabilities 2010: $5,812,633Net Assets 2010: $4,576,0792010Assets 2011: $35,506,035Liabilities 2011: $19,114,406Net Assets 2011: $16,391,6292011Assets 2012: $35,521,589Liabilities 2012: $18,806,997Net Assets 2012: $16,714,5922012Assets 2013: $34,596,773Liabilities 2013: $17,046,124Net Assets 2013: $17,550,6492013Assets 2014: $57,483,802Liabilities 2014: $27,675,673Net Assets 2014: $29,808,1292014Assets 2015: $55,529,321Liabilities 2015: $25,813,355Net Assets 2015: $29,715,9662015Assets 2016: $58,270,150Liabilities 2016: $25,909,743Net Assets 2016: $32,360,4072016Assets 2017: $57,560,107Liabilities 2017: $26,105,945Net Assets 2017: $31,454,1622017Assets 2018: $76,543,973Liabilities 2018: $20,611,811Net Assets 2018: $55,932,1622018Assets 2019: $72,241,712Liabilities 2019: $19,329,786Net Assets 2019: $52,911,9262019Assets 2020: $72,171,436Liabilities 2020: $20,828,445Net Assets 2020: $51,342,9912020Assets 2022: $59,386,544Liabilities 2022: $15,251,921Net Assets 2022: $44,134,6232022Assets 2025: $46,962,942Liabilities 2025: $11,897,892Net Assets 2025: $35,065,0502025

Highlighted filing

2020

Assets$72,171,436
Liabilities$20,828,445
Net Assets$51,342,991

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$40M$20M$0-$20MExpenses 2010: $12,010,3592010Expenses 2011: $14,284,0332011Expenses 2012: $14,066,8402012Expenses 2013: $13,744,8492013Revenue 2014: $12,225,685Expenses 2014: $14,114,077Net Income 2014: -$1,888,3922014Revenue 2015: $13,075,090Expenses 2015: $13,727,426Net Income 2015: -$652,3362015Revenue 2016: $11,436,346Expenses 2016: $12,954,745Net Income 2016: -$1,518,3992016Revenue 2017: $11,746,316Expenses 2017: $12,666,067Net Income 2017: -$919,7512017Revenue 2018: $39,339,144Expenses 2018: $14,874,914Net Income 2018: $24,464,2302018Revenue 2019: $9,340,055Expenses 2019: $12,404,445Net Income 2019: -$3,064,3902019Revenue 2020: $10,144,788Expenses 2020: $11,592,619Net Income 2020: -$1,447,8312020Revenue 2022: $9,310,938Expenses 2022: $12,837,570Net Income 2022: -$3,526,6322022Revenue 2025: $8,978,301Expenses 2025: $11,282,461Net Income 2025: -$2,304,1602025

Highlighted filing

2020

Revenue$10,144,788
Expenses$11,592,619
Net Income-$1,447,831
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Mar 31, 2021
Return Version
2019v5.1
Gross Receipts
$11,732,130
Mission and Program Overview

Mission

See schedule o for the full mission statement of boricua college.

Boricua College is committed to the principle that culture cannot be separated from education. Boricua aims to provide a solid foundation through individualized programs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$43,001,000$43,001,000→ $0
Land, Buildings, and Equipment, Net$11,536,847$13,590,166▲ $2,053,319
Savings and Temporary Cash Investments$11,001,625$6,574,187▼ $4,427,438
Investments in Publicly Traded Securities$5,591,207$5,497,592▼ $93,615
Pledges and Grants Receivable$103,965$1,807,858▲ $1,703,893
Cash and Non-Interest-Bearing Accounts$476,299$1,001,225▲ $524,926
Accounts Receivable$307,451$531,900▲ $224,449
Prepaid Expenses and Deferred Charges$138,661$89,671▼ $48,990
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Program Related$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$72,241,712$72,171,436▼ $70,276
Other Assets Total$84,657$77,837▼ $6,820
Liabilities
Mortgage Notes Payable Secured by Investment Property$10,394,510$10,394,510→ $0
Other Liabilities$6,820,132$6,532,709▼ $287,423
Accounts Payable and Accrued Expenses$2,111,111$2,276,110▲ $164,999
Unsecured Notes Loans Payable$0$1,620,570▲ $1,620,570
Deferred Revenue$4,033$4,546▲ $513
Grants Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$19,329,786$20,828,445▲ $1,498,659
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$51,683,010$50,095,498▼ $1,587,512
Net Assets With Donor Restrictions$1,228,916$1,247,493▲ $18,577
Total Net Assets Fund Balance$52,911,926$51,342,991▼ $1,568,935
Total Liabilities and Net Assets / Fund Balance$72,241,712$72,171,436▼ $70,276

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$10,602,177$5,841,961$16,444,138
Other Land Buildings$1,814,997$2,415,712$4,230,709
Equipment$405,670$2,674,161$3,079,831
Land$767,322-$767,322
Other Securities$43,001,000--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$75,000---$75,000
2019$75,000---$75,000
2018$75,000---$75,000
2017$75,000---$75,000
2016$75,000---$75,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Victor G Alicea PhDPresidentFT$219,097$14,964$234,061
Shivaji SenguptaVP of Academic AffairsFT$138,250$11,239$149,489
John GuzmanVP of Academic Planning PrograFT$102,668$13,817$116,485
Francia CastroVP for Human ResourcesFT$87,972$12,282$100,254
Irving RamirezVP of Information TechnologyFT$74,499$13,188$87,687
Elias OyolaFinance DirectorFT$72,772$13,451$86,223

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$2,109,724
Program Service Revenue
$7,669,237
Investment Income
$296,630
Other Revenue
$69,197
All Other Contributions
$160,840
Change in Net Assets
$-1,447,831

Audited Revenue Reconciliation

Revenue per Audited Statements
$10,043,970
Revenue Not Reported on Financial Statements
$100,818
Revenue Not Reported on Form 990
$-119,494
Other Revenue Adjustments
$67,125
Total Revenue per Audited Statements
$9,924,476
Total Revenue per Form 990
$10,144,788
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$8,162,724
Other Expenses$3,362,770
Grants and Similar Amounts Paid$67,125
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$4,759,826$988,119-$5,747,945
Other Employee Benefits$812,539$168,680-$981,219
Current Officers, Directors, Trustees, and Key Employees$575,279$119,426$0$694,705
Payroll Taxes$543,077$112,741-$655,818
Office Expenses$496,231$126,175-$622,406
Depreciation Depletion$432,726$118,447-$551,173
Occupancy$378,129$101,893-$480,022
Fees for Services Legal-$289,187-$289,187
Interest$266,498$10,416-$276,914
Insurance$180,176$49,319-$229,495
All Other Expenses$189,958--$189,958
Fees for Services Accounting-$88,803-$88,803
Fees for Services Other-$86,664-$86,664
Pension Plan Contributions$68,762$14,275-$83,037
Information Technology$0$82,313-$82,313
Grants to Domestic Individuals$67,125--$67,125
Travel$28,189$32,840-$61,029
Conferences and Meetings$15,295$24,913-$40,208
Other Expenses$36,386$35,488-$35,488
Fees for Service Investment Mgmnt Fees-$33,693-$33,693
Advertising$6,681$0-$6,681
Total Functional Expenses$8,856,877$2,735,742$0$11,592,619

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$11,592,619
Total Expenses per Audited Statements$11,493,411
Expenses per Audited Statements$11,491,801
Expenses Not Reported on Financial Statements$100,818
Other Expense Adjustments$67,125
Expenses Not Reported on Form 990$1,610
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
Capital Lease on New Bronx Campus$6,310,649
Lease Obligations$211,560
Tenant Security Deposits$10,500
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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

Part VI, Section B, 11A - Review of Form 990

The form 990 is prepared by a CPA firm with professional experience in the completion of the form. it is then reviewed and approved by the School prior to submission to the Department of the Treasury.

Part VI, Section B, 12C - Conflict of Interest

The School has a conflict of interest policy, however, the policy is currently being reviewed and updated to include written annual disclosure by officers, directors and key employees as well as a more defined policy for monitoring and compliance.

Part VI, Section B, Line 15B - Compensation policy

the organization has a special committee which is responsible for hiring of executive officers. Compensation packages are established annually based on comparability and other factors.

Part VI, Section C, line 19 - Public availability of documents

Boricua College provides the governing documents, conflict of interest policy and financial statements to the public upon request.

Filing and Contact Details

Filer

Filer Name
Boricua College
EIN
51-0175975
In Care Of
% ELIAS OYOLA
Phone
2126941000
Address
3755 BROADWAY, NEW YORK, NY 10032

Signing Officer

Name
Victor Alicea Phd
Title
President
Phone
2126941000
Signed
2021-03-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Victor Alicea Phd
Formed
1994
Legal Domicile
Ny
Voting Board Members
12
Independent Board Members
11
Employees
314
Volunteers
12

Preparer

Firm
WithumSmithBrown PC
Address
ONE TOWER CENTER BLVD 14TH FL, EAST BRUNSWICK, NJ 08816
Preparer
Catherine Bendall
Phone
7328281614
Supplemental Narrative

Additional Explanations

Part III, line 1 - Organization'S mission

The typical boricua student is an adult with a bilingual and bicultural background with family and employment responsibilities. The mission and goals of the college are therefore rooted in three principles of institutional identity: - as a puerto rican institution, boricua college seeks to strengthen puerto rican and latino culture through a bilingual and bicultural approach to all learning. To emphasize this commitment to the inseparability between culture and education, the college offers a program of individualized instruction that aims at enhancing personal learning styles, that takes into consideration the educational and economic difficulties experienced by puerto ricans and spanish-speaking people, and other minorities underrepresented in higher education. By focusing its learning activities on solutions to problems facing these communities, the college prepares students for effective community leadership. - as a liberal arts institution, boricua college aims for high standards of academic performance from both students and faculty. Its curriculum offers students a solid grounding in the concepts and methods of the humanities, social and physical sciences, while providing for careful attention to the development of personal and intellectual skills. All students are expected to acquire a solid foundation in the liberal arts, regardless of their chosen career path. - as a non-traditional institution, boricua offers students the opportunity to design highly individualized learning programs that may be pursued at their own pace to meet their own intellectual and career goals. Learning activities are not confined within college walls. Instead, they unite, in creative and stimulating ways, the world of scholarship and work. Boricua evaluates student progress through multiple measures that reflect the diversity of student goals and recognizes student achievements, both prior to and during enrollment, as worthy of academic credit.

Part III, line 4A - Program service accomplishments

Boricua College is an independent, private, liberal arts and science, professional not-for-profit college. With four locations located in New York - Manhattan Campus, Bronx Campus and two locations in Brooklyn. Boricua College enrolls approximately 1,100 full-time students in programs leading to Bachelor of Science, Bachelor of Arts, Master of Arts, and Master of Science degrees. Five Ways of Learning and Modes of Instruction In all its academic programs, Boricua College has a unique pattern of diversified modes of instruction and ways of learning implemented through five curricular areas. For most students, going to college means taking courses in an institution of higher education, attending lectures on various academic subjects such as history, physics, or math, and taking examinations on those subjects at the end of each term. At Boricua College, lecture-discussion courses constitute an excellent way for college students to master some kinds of information such as knowledge of specifics, methodology, and universal concepts and themes. Such "theoretical studies," however, are only one of five distinct ways in which students are educated and receive academic credit at Boricua. An explanation of each of the five modes of instruction and the way they are integrated into a singular program of student growth and development is described below. - Individualized Instruction: In the courses that use this mode of instruction and way of learning every student meets individually with their assigned full-time faculty member for one hour per week throughout the academic cycle to plan, implement and evaluate a program of learning determined by the curriculum, and designed to meet that student's educational needs and career aspirations. During the first two years, individualized instruction emphasizes the development of carefully identified generic intellectual skills required for the mastery of the basic principles of knowledge of the humanities, social sciences and natural sciences. During the next two years, individualized instruction takes on a more disciplinary character as the student is helped to develop the breadth and depth of intellectual skills and apply them in learning the concepts and literature of his/her field of specialization. In all these courses, a system of instructional modules, developed by the faculty are used as the primary text to guide instruction. - Colloquium: A second unique way of learning at Boricua involves the use of small- group colloquia comprising eight to ten students who meet once a week with their assigned full-time faculty to exchange, share, discuss, and evaluate ideas, issues and problems related to the learning program of the group members. A particular objective of the courses taught through colloquia in the first two years is the development of affective skills necessary for life-long learning and acquisition of knowledge. During the next two years the Colloquium takes on a more disciplinary character as students are helped to develop the breadth and depth of the affective skills and the values inherent in their fields of specialization. - Experiential Studies: This mode of learning involves carefully designed structured experiences of "learning by doing." It aims to develop students' awareness of how simple psychomotor skilled movements evolve into complex professional skills. In the students' first year they participate in structured field experiences under the guidance of their assigned full-time faculty to sharpen their sensory and perceptual awareness and observational skills. They continue on to courses that increase body sensory awareness, physical abilities and complex instrumental skills that integrate the psychomotor with cognitive skills. In the next two years and beyond, the student participates in carefully designed workshops, studio activities and supervised internships related to their academic disciplines and professional goals. - Theoretical Studies: A fourth set of courses le

Financial Statement Notes

Fin 48

The College is exempt from Federal income taxes under Section 501(c)(3) of the Internal Revenue Code. Accordingly, no provision for income taxes has been recorded in the statement of activities and change in net assets. The College had no unrecognized tax benefits at June 30, 2020. In addition, the College has no income tax related penalties or interest for the period reported.

part XI and XII, Line 2D

Rental expenses of $1,610 have been shown as a reduction of rental income on the form 990.The rental revenue and expenses were shown gross in the audited financial statements in accordance with US GAAP.

Part XI line 4B and XII line 4B

scholarship expenses of $67,125 have been shown as a reduction of tution income in the audited financial statements in accordance with US GAAP.

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IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt105.0
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt213817
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt413188
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt513451
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/PersonNm0Victor G Alicea PhD
IRS990/Form990PartVIISectionAGrp/PersonNm1Shivaji Sengupta
IRS990/Form990PartVIISectionAGrp/PersonNm2John Guzman
IRS990/Form990PartVIISectionAGrp/PersonNm3Francia Castro
IRS990/Form990PartVIISectionAGrp/PersonNm4Irving Ramirez
IRS990/Form990PartVIISectionAGrp/PersonNm5Elias Oyola
IRS990/Form990PartVIISectionAGrp/PersonNm6Benito Fernandez
IRS990/Form990PartVIISectionAGrp/PersonNm7A Paul Blano
IRS990/Form990PartVIISectionAGrp/PersonNm8Hector L Diaz
IRS990/Form990PartVIISectionAGrp/PersonNm9Luis A Gonzalez
IRS990/Form990PartVIISectionAGrp/PersonNm10Elizabeth Velez
IRS990/Form990PartVIISectionAGrp/PersonNm11Suleika Cabrera Drinan
IRS990/Form990PartVIISectionAGrp/PersonNm12Ralina M Cardona
IRS990/Form990PartVIISectionAGrp/PersonNm13Jose R Sanchez
IRS990/Form990PartVIISectionAGrp/PersonNm14Maria Ortega
IRS990/Form990PartVIISectionAGrp/PersonNm15Adolfo Carrion JR
IRS990/Form990PartVIISectionAGrp/PersonNm16Rita DiMartino
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt2102668
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1VP of Academic Affairs
IRS990/Form990PartVIISectionAGrp/TitleTxt2VP of Academic Planning Progra
IRS990/Form990PartVIISectionAGrp/TitleTxt3VP for Human Resources
IRS990/Form990PartVIISectionAGrp/TitleTxt4VP of Information Technology
IRS990/Form990PartVIISectionAGrp/TitleTxt5Finance Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Chairperson
IRS990/Form990PartVIISectionAGrp/TitleTxt7Secretary/Treasuer
IRS990/Form990PartVIISectionAGrp/TitleTxt8Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt9Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt10Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt11Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt12Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt13Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt14Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt15TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt16Trustee
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01994
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/FundraisingDirectExpensesAmt00
IRS990/FundraisingGrossIncomeAmt00
IRS990/GainOrLossGrp/SecuritiesAmt0-58680
IRS990/GamingActivitiesInd0false
IRS990/GamingDirectExpensesAmt00
IRS990/GamingGrossIncomeAmt00
IRS990/GoverningBodyVotingMembersCnt012
IRS990/GovernmentGrantsAmt01948884
IRS990/GrantAmt067125
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IRS990/GrantsPayableGrp/EOYAmt00
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt067125
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt067125
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
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IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt01527052
IRS990/GrossReceiptsAmt011732130
IRS990/GrossRentsGrp/RealAmt064647
IRS990/GrossSalesOfInventoryAmt00
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IRS990/IncludeFIN48FootnoteInd0true
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IRS990/IndependentVotingMemberCnt011
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IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
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IRS990/InformationTechnologyGrp/TotalAmt082313
IRS990/InsuranceGrp/ManagementAndGeneralAmt049319
IRS990/InsuranceGrp/ProgramServicesAmt0180176
IRS990/InsuranceGrp/TotalAmt0229495
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/ManagementAndGeneralAmt010416
IRS990/InterestGrp/ProgramServicesAmt0266498
IRS990/InterestGrp/TotalAmt0276914
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt0355310
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0355310
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IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt043001000
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt043001000
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt05591207
IRS990/InvestmentsPubTradedSecGrp/EOYAmt05497592
IRS990/IRPDocumentCnt022
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt010931834
IRS990/LandBldgEquipBasisNetGrp/BOYAmt011536847
IRS990/LandBldgEquipBasisNetGrp/EOYAmt013590166
IRS990/LandBldgEquipCostOrOtherBssAmt024522000
IRS990/LegalDomicileStateCd0NY
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt01585732
IRS990/LessRentalExpensesGrp/RealAmt01610
IRS990/LoanOutstandingInd0false
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0See schedule O for the full mission statement of Boricua College.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt010394510
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt010394510
IRS990/NetAssetsOrFundBalancesBOYAmt052911926
IRS990/NetAssetsOrFundBalancesEOYAmt051342991
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-58680
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-58680
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt063037
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt063037
IRS990/NetUnrlzdGainsLossesInvstAmt0-121104
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt051683010
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt050095498
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IRS990/OccupancyGrp/TotalAmt0480022
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IRS990/OfficeExpensesGrp/ProgramServicesAmt0496231
IRS990/OfficeExpensesGrp/TotalAmt0622406
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IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
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IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0168680
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0812539
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0981219
IRS990/OtherExpensesGrp/Desc0UBI TAX
IRS990/OtherExpensesGrp/Desc1MISC
IRS990/OtherExpensesGrp/Desc2BAD DEBT
IRS990/OtherExpensesGrp/Desc3GRADUATION
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt186670
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2160324
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt335488
IRS990/OtherExpensesGrp/ProgramServicesAmt036386
IRS990/OtherExpensesGrp/TotalAmt05356
IRS990/OtherExpensesGrp/TotalAmt1123056
IRS990/OtherExpensesGrp/TotalAmt2160324
IRS990/OtherExpensesGrp/TotalAmt335488
IRS990/OtherLiabilitiesGrp/BOYAmt06820132
IRS990/OtherLiabilitiesGrp/EOYAmt06532709
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS REVENUE
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IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt06160
IRS990/OtherRevenueTotalAmt06160
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0988119
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt04759826
IRS990/OtherSalariesAndWagesGrp/TotalAmt05747945
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IRS990/PayPremiumsPrsnlBnftCntrctInd0false
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IRS990/PayrollTaxesGrp/TotalAmt0655818
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt014275
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt068762
IRS990/PensionPlanContributionsGrp/TotalAmt083037
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0103965
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01807858
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0138661
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt089671
IRS990/PrincipalOfficerNm0VICTOR ALICEA PHD
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0TUITION
IRS990/ProgramServiceRevenueGrp/Desc1APPLICATION FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt07634630
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt134607

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$47.0$11.9$35.1$8.98$11.3$2.30
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$59.4$15.3$44.1$9.31$12.8$3.53
2020Detailed filing. Detailed filing data is available for this year.$72.2$20.8$51.3$10.1$11.6$1.45
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$72.2$19.3$52.9$9.34$12.4$3.06
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$76.5$20.6$55.9$39.3$14.9$24.5
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$57.6$26.1$31.5$11.7$12.7$0.92
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$58.3$25.9$32.4$11.4$13.0$1.52
2015Detailed filing. Detailed filing data is available for this year.$55.5$25.8$29.7$13.1$13.7$0.65
2014Detailed filing. Detailed filing data is available for this year.$57.5$27.7$29.8$12.2$14.1$1.89
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$34.6$17.0$17.6$13.7
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$35.5$18.8$16.7$14.1
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$35.5$19.1$16.4$14.3
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.4$5.81$4.58$12.0