Liabilities / Assets
40th percentile
Higher debt load relative to assets than 40% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
40th percentile
Higher debt load relative to assets than 40% of similar nonprofits.
Liabilities / Revenue
68th percentile
Higher debt load relative to revenue than 68% of similar nonprofits.
Net Margin
5th percentile
Higher net margin than 5% of similar nonprofits.
Top Officer Pay
25th percentile
Higher top officer pay than 25% of similar nonprofits.
Top officer pay equals 2.5% of source-year revenue.
Asset Growth
2nd percentile
Faster asset growth than 2% of similar nonprofits.
Revenue Growth
12th percentile
Faster revenue growth than 12% of similar nonprofits.
Assets
Down$52,572,386
Down $6,814,158 (-11%) from 2022
Net Assets
Down$40,023,999
Down $4,110,624 (-9.3%) from 2022
Liabilities
Down$12,548,387
Down $2,703,534 (-18%) from 2022
Revenue
Down$7,204,029
Down $2,106,909 (-23%) from 2022
Expenses
Down$11,901,807
Down $935,763 (-7.3%) from 2022
Net Income
Down-$4,697,778
Down $1,171,146 (-33%) from 2022
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.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $48,672,743 | $47,633,894 | ▼ $1,038,849 |
| Investments in Publicly Traded Securities | $8,930,622 | $2,817,064 | ▼ $6,113,558 |
| Pledges and Grants Receivable | $528,976 | $537,398 | ▲ $8,422 |
| Cash and Non-Interest-Bearing Accounts | $51,340 | $413,986 | ▲ $362,646 |
| Accounts Receivable | $357,358 | $410,444 | ▲ $53,086 |
| Savings and Temporary Cash Investments | $697,292 | $358,158 | ▼ $339,134 |
| Prepaid Expenses and Deferred Charges | $131,368 | $132,685 | ▲ $1,317 |
| 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 |
| 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 | $59,386,544 | $52,572,386 | ▼ $6,814,158 |
| Other Assets Total | $16,845 | $268,757 | ▲ $251,912 |
| Liabilities | |||
| Unsecured Notes Loans Payable | $10,394,510 | $10,394,510 | → $0 |
| Mortgage Notes Payable Secured by Investment Property | $3,150,000 | $0 | ▼ $3,150,000 |
| Accounts Payable and Accrued Expenses | $1,649,244 | $1,521,519 | ▼ $127,725 |
| Other Liabilities | $53,793 | $502,512 | ▲ $448,719 |
| Deferred Revenue | $4,374 | $129,846 | ▲ $125,472 |
| Grants Payable | $0 | $0 | → $0 |
| Escrow Account Liability | $0 | $0 | → $0 |
| Tax Exempt Bond Liabilities | $0 | $0 | → $0 |
| Total Liabilities | $15,251,921 | $12,548,387 | ▼ $2,703,534 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $42,850,570 | $38,722,080 | ▼ $4,128,490 |
| Net Assets With Donor Restrictions | $1,284,053 | $1,301,919 | ▲ $17,866 |
| Total Net Assets Fund Balance | $44,134,623 | $40,023,999 | ▼ $4,110,624 |
| Total Liabilities and Net Assets / Fund Balance | $59,386,544 | $52,572,386 | ▼ $6,814,158 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $46,685,046 | $6,345,024 | $53,030,070 |
| Equipment | $38,323 | $3,103,356 | $3,141,679 |
| Other Land Buildings | $143,203 | $2,475,634 | $2,618,837 |
| Land | $767,322 | - | $767,322 |
| Period | Beginning | Contrib. | Gain/Loss | Other Uses | End |
|---|---|---|---|---|---|
| 2022 | $75,000 | - | - | - | $75,000 |
| 2021 | $75,000 | - | - | - | $75,000 |
| 2020 | $75,000 | - | - | - | $75,000 |
| 2019 | $75,000 | - | - | - | $75,000 |
| 2018 | $75,000 | - | - | - | $75,000 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Victor G Alicea PhD | President | FT | $161,660 | $19,985 | $181,645 |
| Irving Ramirez | VP & Dean of Academic Affairs | FT | $74,975 | $18,033 | $93,008 |
| John Guzman | VP & Dean of Academic Affairs | FT | $74,307 | $18,643 | $92,950 |
| Elias Oyola | CFO | FT | $73,310 | $18,405 | $91,715 |
| Francia Castro | VP for Human Resources and Per | FT | $69,534 | $17,857 | $87,391 |
| Moises Pereyra | VP & Dean of Academic Affairs | FT | $68,085 | $18,394 | $86,479 |
| Name | Title |
|---|---|
| Benito Fernandez | Chairperson |
| Carlos J Cuevas | Trustee |
| Elizabeth Velez | Trustee |
| Jose R Sanchez | Trustee |
| Luis A Gonzalez | Trustee |
| Maria Ortega | Trustee |
| Ralina M Cardona | Trustee |
| Rita Dimartino | Trustee |
| Suleika Cabrera Drinane | Trustee |
| A Paul Blano | Secretary/Treasuer |
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| Bryan Cave Leighton Paisner LLP | Legal Services | 1290 Avenue of the Americas 33rd F, New York, NY 10104 | $123,459 |
| WithumSmithBrown PC | audit & accounting | 1411 Broadway 23rd Floor, New York, NY 10018 | $108,329 |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $7,258,980 |
| Other Expenses | $3,953,557 |
| Grants and Similar Amounts Paid | $689,270 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $4,330,615 | $726,639 | - | $5,057,254 |
| Depreciation Depletion | $945,771 | $306,186 | - | $1,251,957 |
| Other Employee Benefits | $867,840 | $195,603 | - | $1,063,443 |
| Grants to Domestic Individuals | $689,270 | - | - | $689,270 |
| Occupancy | $515,186 | $110,295 | - | $625,481 |
| Current Officers, Directors, Trustees, and Key Employees | $102,885 | $475,992 | $0 | $578,877 |
| Office Expenses | $359,203 | $149,209 | - | $508,412 |
| Payroll Taxes | $381,589 | $113,127 | - | $494,716 |
| Insurance | $186,715 | $98,234 | - | $284,949 |
| Interest | $189,044 | $19,187 | - | $208,231 |
| Travel | $72,066 | $89,758 | - | $161,824 |
| Other Expenses | $116,427 | $149,483 | - | $116,427 |
| Fees for Services Accounting | - | $101,500 | - | $101,500 |
| Information Technology | - | $95,721 | - | $95,721 |
| Fees for Services Legal | - | $67,056 | - | $67,056 |
| Pension Plan Contributions | $56,801 | $7,889 | - | $64,690 |
| Fees for Service Investment Mgmnt Fees | - | $58,102 | - | $58,102 |
| Conferences and Meetings | $22,396 | $16,920 | - | $39,316 |
| Fees for Services Other | $583 | $35,294 | - | $35,877 |
| Advertising | $23,480 | $7,882 | - | $31,362 |
| Total Functional Expenses | $8,906,263 | $2,995,544 | $0 | $11,901,807 |
| Line Item | Amount |
|---|---|
| Total Expenses per Form 990 | $11,901,807 |
| Expenses per Audited Statements | $11,692,301 |
| Total Expenses per Audited Statements | $11,692,301 |
| Expenses Not Reported on Financial Statements | $209,506 |
| Other Expense Adjustments | $151,404 |
| Line Item | Amount |
|---|---|
| Fundraising Direct Expenses | $0 |
| Fundraising Gross Income | $0 |
| Gaming Direct Expenses | $0 |
| Gaming Gross Income | $0 |
| Professional Fundraising Fees | $0 |
| Line Item | Beginning | End | Change |
|---|---|---|---|
| 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 |
| Liability | Amount |
|---|---|
| Right-of-use Asset Finance Liabilities | $262,512 |
| Tenant Security Deposits | $240,000 |
“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.”
“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.”
“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.”
“The College makes the organizational documents available upon request.”
“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.”
“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 stude”
“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, 2023. In addition, the College has no income tax related penalties or interest for the period reported.”
“scholarship expenses of $151,404 have been shown as a reduction of tuition income in the audited financial statements in accordance with US GAAP.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 9 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 10 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 19985 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 18033 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 18643 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 18405 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 17857 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 18394 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | Victor G Alicea PhD |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | Irving Ramirez |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | John Guzman |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | Elias Oyola |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | Francia Castro |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | Moises Pereyra |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | Benito Fernandez |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | A Paul Blano |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | Luis A Gonzalez |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | Elizabeth Velez |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | Suleika Cabrera Drinane |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | Ralina M Cardona |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 12 | Jose R Sanchez |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 13 | Maria Ortega |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 14 | Carlos J Cuevas |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 15 | Rita Dimartino |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 161660 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 74975 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 74307 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 73310 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 69534 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 68085 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | President |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | VP & Dean of Academic Affairs |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | VP & Dean of Academic Affairs |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | CFO |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | VP for Human Resources and Per |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | VP & Dean of Academic Affairs |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | Chairperson |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | Secretary/Treasuer |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | Trustee |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | Trustee |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | Trustee |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | Trustee |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | Trustee |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | Trustee |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 14 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 15 | TRUSTEE |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/FormationYr | 0 | 1994 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | true |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/FundraisingDirectExpensesAmt | 0 | 0 |
| IRS990/FundraisingGrossIncomeAmt | 0 | 0 |
| IRS990/GainOrLossGrp/SecuritiesAmt | 0 | -400323 |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GamingDirectExpensesAmt | 0 | 0 |
| IRS990/GamingGrossIncomeAmt | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 11 |
| IRS990/GovernmentGrantsAmt | 0 | 1180723 |
| IRS990/GrantAmt | 0 | 689270 |
| IRS990/GrantsPayableGrp/BOYAmt | 0 | 0 |
| IRS990/GrantsPayableGrp/EOYAmt | 0 | 0 |
| IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt | 0 | 689270 |
| IRS990/GrantsToDomesticIndividualsGrp/TotalAmt | 0 | 689270 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 0 |
| IRS990/GrantsToIndividualsInd | 0 | true |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt | 0 | 8151730 |
| IRS990/GrossReceiptsAmt | 0 | 15756082 |
| IRS990/GrossRentsGrp/RealAmt | 0 | 226000 |
| IRS990/GrossSalesOfInventoryAmt | 0 | 0 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | true |
| IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | true |
| IRS990/IndependentVotingMemberCnt | 0 | 10 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 1 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXInd | 0 | X |
| IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt | 0 | 95721 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 95721 |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 98234 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 186715 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 284949 |
| IRS990/IntangibleAssetsGrp/BOYAmt | 0 | 0 |
| IRS990/IntangibleAssetsGrp/EOYAmt | 0 | 0 |
| IRS990/InterestGrp/ManagementAndGeneralAmt | 0 | 19187 |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 189044 |
| IRS990/InterestGrp/TotalAmt | 0 | 208231 |
| IRS990/InventoriesForSaleOrUseGrp/BOYAmt | 0 | 0 |
| IRS990/InventoriesForSaleOrUseGrp/EOYAmt | 0 | 0 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 287700 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 287700 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt | 0 | 0 |
| IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt | 0 | 0 |
| IRS990/InvestmentsProgramRelatedGrp/BOYAmt | 0 | 0 |
| IRS990/InvestmentsProgramRelatedGrp/EOYAmt | 0 | 0 |
| IRS990/InvestmentsPubTradedSecGrp/BOYAmt | 0 | 8930622 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 2817064 |
| IRS990/IRPDocumentCnt | 0 | 13 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 11924014 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 48672743 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 47633894 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 59557908 |
| IRS990/LegalDomicileStateCd | 0 | NY |
| IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt | 0 | 8552053 |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LoansFromOfficersDirectorsGrp/BOYAmt | 0 | 0 |
| IRS990/LoansFromOfficersDirectorsGrp/EOYAmt | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | SEE SCHEDULE O FOR THE FULL MISSION STATEMENT OF BORICUA COLLEGE. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 3150000 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 44134623 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 40023999 |
| IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt | 0 | -400323 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | -400323 |
| IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt | 0 | 226000 |
| IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 226000 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | 587154 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 42850570 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 38722080 |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 110295 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 515186 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 625481 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 149209 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 359203 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 508412 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 16845 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 268757 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 195603 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 867840 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 1063443 |
| IRS990/OtherExpensesGrp/Desc | 0 | GRADUATION |
| IRS990/OtherExpensesGrp/Desc | 1 | MISC |
| IRS990/OtherExpensesGrp/Desc | 2 | UNCOLLECTIBLE ACCOUNTS |
| IRS990/OtherExpensesGrp/Desc | 3 | GRANT FUNDS RETURNED |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 70965 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 100502 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 149483 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 46392 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 116427 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 70965 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 146894 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 149483 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 116427 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 53793 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 502512 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 900099 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | INSURANCE RECOVERY |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 8884 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 8884 |
| IRS990/OtherRevenueTotalAmt | 0 | 8884 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 726639 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 4330615 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 5057254 |
| IRS990/OthNotesLoansReceivableNetGrp/BOYAmt | 0 | 0 |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 0 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PaymentsToAffiliatesGrp/TotalAmt | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | false |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 113127 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 381589 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 494716 |
| IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt | 0 | 7889 |
| IRS990/PensionPlanContributionsGrp/ProgramServicesAmt | 0 | 56801 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 64690 |
| IRS990/PledgesAndGrantsReceivableGrp/BOYAmt | 0 | 528976 |
| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 537398 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 131368 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 132685 |
| IRS990/PrincipalOfficerNm | 0 | Victor Alicea |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 900099 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 900099 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | TUITION |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | APPLICATION FEES AND OTHER INCOME |
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Displayed year
2023 • Form 990Detailed filing. Detailed filing data is available for this year.
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