Civic Intelligence

Boricua College

990 • Fiscal year 2021 • EIN 51-0175975

Jul 01, 2020 to Jun 30, 2021 • Filed on Mar 03, 2022

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

50th percentile

0.26x

Higher debt load relative to assets than 50% of similar nonprofits.

2021 filings • NTEE B • $50M-$100M nonprofits • Source year 2021

Liabilities / Revenue

76th percentile

1.23x

Higher debt load relative to revenue than 76% of similar nonprofits.

2021 filings • NTEE B • $50M-$100M nonprofits • Source year 2021

Net Margin

59th percentile

14%

Higher net margin than 59% of similar nonprofits.

2021 filings • NTEE B • $50M-$100M nonprofits • Source year 2021

Top Officer Pay

48th percentile

$290,244

Higher top officer pay than 48% of similar nonprofits.

Top officer pay equals 1.9% of source-year revenue.

2021 filings • NTEE B • $50M-$100M nonprofits • Source year 2021

Asset Growth

17th percentile

0.6%

Faster asset growth than 17% of similar nonprofits.

2021 filings • NTEE B • $50M-$100M nonprofits • Annualized from 2020 to 2021

Revenue Growth

78th percentile

48%

Faster revenue growth than 78% of similar nonprofits.

2021 filings • NTEE B • $50M-$100M nonprofits • Annualized from 2020 to 2021

Assets

Up

$72,633,794

Up $462,358 (+0.6%) from 2020

Net Assets

Up

$54,084,061

Up $2,741,070 (+5.3%) from 2020

Liabilities

Down

$18,549,733

Down $2,278,712 (-11%) from 2020

Revenue

Up

$15,043,210

Up $4,898,422 (+48%) from 2020

Expenses

Up

$12,981,558

Up $1,388,939 (+12%) from 2020

Net Income

Up

$2,061,652

Up $3,509,483 (+242%) from 2020

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 2021: $72,633,794Liabilities 2021: $18,549,733Net Assets 2021: $54,084,0612021Assets 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

2021

Assets$72,633,794
Liabilities$18,549,733
Net Assets$54,084,061

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 2021: $15,043,210Expenses 2021: $12,981,558Net Income 2021: $2,061,6522021Revenue 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

2021

Revenue$15,043,210
Expenses$12,981,558
Net Income$2,061,652
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Mar 3, 2022
Return Version
2020v4.1
Gross Receipts
$16,745,648
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$13,590,166$13,779,389▲ $189,223
Savings and Temporary Cash Investments$6,574,187$7,412,515▲ $838,328
Investments in Publicly Traded Securities$5,497,592$6,431,521▲ $933,929
Cash and Non-Interest-Bearing Accounts$1,001,225$770,516▼ $230,709
Pledges and Grants Receivable$1,807,858$687,722▼ $1,120,136
Accounts Receivable$531,900$437,527▼ $94,373
Prepaid Expenses and Deferred Charges$89,671$96,759▲ $7,088
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$72,171,436$72,633,794▲ $462,358
Other Assets Total$77,837$16,845▼ $60,992
Liabilities
Mortgage Notes Payable Secured by Investment Property$10,394,510$10,394,510→ $0
Other Liabilities$6,532,709$6,237,729▼ $294,980
Accounts Payable and Accrued Expenses$2,276,110$1,909,823▼ $366,287
Unsecured Notes Loans Payable$1,620,570$0▼ $1,620,570
Deferred Revenue$4,546$7,671▲ $3,125
Grants Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$20,828,445$18,549,733▼ $2,278,712
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$50,095,498$52,818,306▲ $2,722,808
Net Assets With Donor Restrictions$1,247,493$1,265,755▲ $18,262
Total Net Assets Fund Balance$51,342,991$54,084,061▲ $2,741,070
Total Liabilities and Net Assets / Fund Balance$72,171,436$72,633,794▲ $462,358

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$11,998,397$6,245,941$18,244,338
Other Land Buildings$697,207$2,452,625$3,149,832
Equipment$316,463$2,820,268$3,136,731
Land$767,322-$767,322
Other Securities$43,001,000--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2021$75,000---$75,000
2020$75,000---$75,000
2019$75,000---$75,000
2018$75,000---$75,000
2017$75,000---$75,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Victor G Alicea PhDPresidentFT$272,475$17,769$290,244
Elias OyolaFinance DirectorFT$118,695$14,830$133,525
Irving RamirezVP of Information TechnologyFT$113,037$14,200$127,237
John GuzmanVP of Academic Planning PrograFT$101,270$12,997$114,267
Francia CastroVP for Human Resources and PerFT$65,861$14,830$80,691

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$8,296,328
Program Service Revenue
$6,201,372
Investment Income
$328,687
Other Revenue
$216,823
All Other Contributions
$0
Change in Net Assets
$2,061,652

Audited Revenue Reconciliation

Revenue per Audited Statements
$14,905,100
Revenue Not Reported on Financial Statements
$138,110
Revenue Not Reported on Form 990
$668,578
Other Revenue Adjustments
$109,507
Total Revenue per Audited Statements
$15,573,678
Total Revenue per Form 990
$15,043,210
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$6,984,346
Other Expenses$3,740,598
Grants and Similar Amounts Paid$2,256,614
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$4,110,670$544,265$0$4,654,935
Grants to Domestic Individuals$2,256,614--$2,256,614
Other Employee Benefits$820,136$183,725$0$1,003,861
Office Expenses$425,348$482,089$0$907,437
Current Officers, Directors, Trustees, and Key Employees$146,749$498,152$0$644,901
Payroll Taxes$487,611$133,490$0$621,101
Depreciation Depletion$432,384$154,616$0$587,000
Occupancy$469,871$110,166$0$580,037
Fees for Services Legal-$499,614$0$499,614
Interest$256,838--$256,838
Insurance$163,461$58,452$0$221,913
Information Technology-$130,316$0$130,316
Travel$84,759$44,493$0$129,252
Fees for Services Accounting-$110,478$0$110,478
Advertising$91,431--$91,431
Fees for Services Other-$65,868-$65,868
Pension Plan Contributions$55,266$4,282$0$59,548
Conferences and Meetings$10,573$26,489$0$37,062
Fees for Service Investment Mgmnt Fees-$28,603$0$28,603
Other Expenses$13,417$10,840-$10,840
Total Functional Expenses$9,825,128$3,156,430$0$12,981,558

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$12,981,558
Expenses per Audited Statements$12,843,448
Total Expenses per Audited Statements$12,832,608
Expenses Not Reported on Financial Statements$138,110
Other Expense Adjustments$109,507
Expenses Not Reported on Form 990$-10,840
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 Bronx Campus$6,113,075
Lease Obligations$124,654
Tenant Security Deposits$0
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
Alicea Victor
Title
President
Phone
2126941000
Signed
2022-03-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Alicea Victor
Formed
1994
Legal Domicile
Ny
Voting Board Members
12
Independent Board Members
11
Employees
252
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 an institution founded by Puerto Ricans in New York City, Boricua College is dedicated to the principle of the inseparability of culture and education. The College thus offers academic programs that aim to develop in students, personal learning competencies that take into consideration the educational, cultural and economic difficulties experienced by Puerto Ricans and other students 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's educational philosophy maintains that a liberal arts education means mastery of generic, intellectual, affective and psychomotor-behavioral skills necessary for lifelong learning about the environment. That in the context of higher education all knowledge about the environment is organized and described through the multiple disciplines of the social sciences, the natural sciences and the humanities. That a liberal arts education is essential for participation in a democratic society. - As a non-traditional institution, Boricua College is dedicated to a humanistic holistic approach to the education of its student, within the context of their culture and contemporary conditions. It offers students the opportunity to design highly individualized and small group learning programs that may be pursued at their own pace to meet their own career goals. Learning activities are not confined within college walls. Instead, they unite in creative ways, the experiences of the world of scholarship and the world of work and student progress is evaluated through multiple measures that reflect the diversity of student learning styles and goals.

Part III, line 4A - Program service accomplishments

Boricua College is an independent, private, liberal arts and science, professional not-for-profit college. With three locations located in New York - Manhattan Campus, Bronx Campus and Brooklyn Campus. Boricua College enrolls approximately 500 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 lead the stud

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, 2021. In addition, the College has no income tax related penalties or interest for the period reported.

Part XI line 4B and XII line 4B

scholarship expenses of $109,507 have been shown as a reduction of tuition income in the audited financial statements in accordance with US GAAP.

part XI Line 2D and XII line 2D

bad debt expenses of $10,840 reflect on reconciliation due to not being included on financial statement

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IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt72.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt82.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt92.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt102.0
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt312997
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt414830
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/PersonNm0Victor G Alicea PhD
IRS990/Form990PartVIISectionAGrp/PersonNm1Elias Oyola
IRS990/Form990PartVIISectionAGrp/PersonNm2Irving Ramirez
IRS990/Form990PartVIISectionAGrp/PersonNm3John Guzman
IRS990/Form990PartVIISectionAGrp/PersonNm4Francia Castro
IRS990/Form990PartVIISectionAGrp/PersonNm5Benito Fernandez
IRS990/Form990PartVIISectionAGrp/PersonNm6A Paul Blano
IRS990/Form990PartVIISectionAGrp/PersonNm7Hector L Diaz
IRS990/Form990PartVIISectionAGrp/PersonNm8Luis A Gonzalez
IRS990/Form990PartVIISectionAGrp/PersonNm9Elizabeth Velez
IRS990/Form990PartVIISectionAGrp/PersonNm10Suleika Cabrera Drinane
IRS990/Form990PartVIISectionAGrp/PersonNm11Ralina M Cardona
IRS990/Form990PartVIISectionAGrp/PersonNm12Jose R Sanchez
IRS990/Form990PartVIISectionAGrp/PersonNm13Maria Ortega
IRS990/Form990PartVIISectionAGrp/PersonNm14Adolfo Carrion JR
IRS990/Form990PartVIISectionAGrp/PersonNm15Rita DiMartino
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0272475
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1118695
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt2113037
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Finance Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2VP of Information Technology
IRS990/Form990PartVIISectionAGrp/TitleTxt3VP of Academic Planning Progra
IRS990/Form990PartVIISectionAGrp/TitleTxt4VP for Human Resources and Per
IRS990/Form990PartVIISectionAGrp/TitleTxt5Chairperson
IRS990/Form990PartVIISectionAGrp/TitleTxt6Treasuer
IRS990/Form990PartVIISectionAGrp/TitleTxt7Trustee
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/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01994
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IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/FundraisingDirectExpensesAmt00
IRS990/FundraisingGrossIncomeAmt00
IRS990/GainOrLossGrp/SecuritiesAmt0115179
IRS990/GamingActivitiesInd0false
IRS990/GamingDirectExpensesAmt00
IRS990/GamingGrossIncomeAmt00
IRS990/GoverningBodyVotingMembersCnt012
IRS990/GovernmentGrantsAmt08296328
IRS990/GrantAmt0109507
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IRS990/GrantsPayableGrp/EOYAmt00
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt02256614
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IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt01817617
IRS990/GrossReceiptsAmt016745648
IRS990/GrossRentsGrp/RealAmt025000
IRS990/GrossSalesOfInventoryAmt00
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt04
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt00
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IRS990/InformationTechnologyGrp/TotalAmt0130316
IRS990/InsuranceGrp/FundraisingAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt058452
IRS990/InsuranceGrp/ProgramServicesAmt0163461
IRS990/InsuranceGrp/TotalAmt0221913
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/ProgramServicesAmt0256838
IRS990/InterestGrp/TotalAmt0256838
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt0213508
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0213508
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt043001000
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt043001000
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt05497592
IRS990/InvestmentsPubTradedSecGrp/EOYAmt06431521
IRS990/IRPDocumentCnt021
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt011518834
IRS990/LandBldgEquipBasisNetGrp/BOYAmt013590166
IRS990/LandBldgEquipBasisNetGrp/EOYAmt013779389
IRS990/LandBldgEquipCostOrOtherBssAmt025298223
IRS990/LegalDomicileStateCd0NY
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt01702438
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/NetAssetsOrFundBalancesBOYAmt051342991
IRS990/NetAssetsOrFundBalancesEOYAmt054084061
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0115179
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0115179
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt025000
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt025000
IRS990/NetUnrlzdGainsLossesInvstAmt0679418
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt050095498
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt052818306
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0110166
IRS990/OccupancyGrp/ProgramServicesAmt0469871
IRS990/OccupancyGrp/TotalAmt0580037
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0482089
IRS990/OfficeExpensesGrp/ProgramServicesAmt0425348
IRS990/OfficeExpensesGrp/TotalAmt0907437
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
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IRS990/OtherAssetsTotalGrp/EOYAmt016845
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IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0183725
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0820136
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01003861
IRS990/OtherExpensesGrp/Desc0GRADUATION
IRS990/OtherExpensesGrp/Desc1MISC
IRS990/OtherExpensesGrp/Desc2BAD DEBT
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt015289
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt155203
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt210840
IRS990/OtherExpensesGrp/ProgramServicesAmt013417
IRS990/OtherExpensesGrp/TotalAmt015289
IRS990/OtherExpensesGrp/TotalAmt168620
IRS990/OtherExpensesGrp/TotalAmt210840
IRS990/OtherLiabilitiesGrp/BOYAmt06532709
IRS990/OtherLiabilitiesGrp/EOYAmt06237729
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS REVENUE
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IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0191823
IRS990/OtherRevenueTotalAmt0191823
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0544265
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt04110670
IRS990/OtherSalariesAndWagesGrp/TotalAmt04654935
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0133490
IRS990/PayrollTaxesGrp/ProgramServicesAmt0487611
IRS990/PayrollTaxesGrp/TotalAmt0621101
IRS990/PensionPlanContributionsGrp/FundraisingAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt04282
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt055266
IRS990/PensionPlanContributionsGrp/TotalAmt059548
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt01807858
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0687722
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt089671
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt096759
IRS990/PrincipalOfficerNm0Alicea Victor
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0TUITION
IRS990/ProgramServiceRevenueGrp/Desc1APPLICATION FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt06177270
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt124102
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt06177270
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt124102
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02109724

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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
2021Detailed filing. Detailed filing data is available for this year.$72.6$18.5$54.1$15.0$13.0$2.06
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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