Civic Intelligence

Corporacion La Fondita De Jesus

EIN 66-0426787 • 501(c)3 • San Juan, PR

Profile

To form a community with homeless people working together to tranform those realities that provides such life conditions.

PO Box 19384 Fernandez Juncos StSan Juan, PR 00910-1384
Siviq Scores

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

Liabilities / Assets

33rd percentile

0.06x

Higher debt load relative to assets than 33% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

22nd percentile

0.06x

Higher debt load relative to revenue than 22% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

89th percentile

49%

Higher net margin than 89% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

19th percentile

$77,781

Higher top officer pay than 19% of similar nonprofits.

Top officer pay equals 0.9% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Asset Growth

97th percentile

110%

Faster asset growth than 97% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

91st percentile

92%

Faster revenue growth than 91% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Up

$8,508,611

Up $4,463,033 (+110%) from 2023

Liabilities

Down

$524,773

Down $44,485 (-7.8%) from 2023

Net Assets

Up

$7,983,838

Up $4,507,518 (+130%) from 2023

Revenue

Up

$9,104,605

Up $4,372,584 (+92%) from 2023

Expenses

Up

$4,663,865

Up $342,451 (+7.9%) from 2023

Net Income

Up

$4,440,740

Up $4,030,133 (+982%) from 2023

Trend Graphs

Balance Sheet Trend

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

$10M$5.0M$0Assets 2011: $4,125,643Liabilities 2011: $1,654,388Net Assets 2011: $2,471,2552011Assets 2012: $4,082,630Liabilities 2012: $1,467,767Net Assets 2012: $2,614,8632012Assets 2013: $4,124,288Liabilities 2013: $1,398,693Net Assets 2013: $2,725,5952013Assets 2014: $4,005,136Liabilities 2014: $1,286,270Net Assets 2014: $2,718,8662014Assets 2015: $3,918,820Liabilities 2015: $1,400,588Net Assets 2015: $2,518,2322015Assets 2016: $3,724,198Liabilities 2016: $1,193,853Net Assets 2016: $2,530,3452016Assets 2017: $3,755,478Liabilities 2017: $1,236,271Net Assets 2017: $2,519,2072017Assets 2019: $4,138,751Liabilities 2019: $1,112,013Net Assets 2019: $3,026,7382019Assets 2020: $3,860,301Liabilities 2020: $1,209,150Net Assets 2020: $2,651,1512020Assets 2021: $4,119,346Liabilities 2021: $1,265,879Net Assets 2021: $2,853,4672021Assets 2022: $4,341,049Liabilities 2022: $1,291,865Net Assets 2022: $3,049,1842022Assets 2023: $4,045,578Liabilities 2023: $569,258Net Assets 2023: $3,476,3202023Assets 2024: $8,508,611Liabilities 2024: $524,773Net Assets 2024: $7,983,8382024

Highlighted filing

2024

Assets$8,508,611
Liabilities$524,773
Net Assets$7,983,838

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 2011: $2,378,817Expenses 2011: $2,633,129Net Income 2011: -$254,3122011Revenue 2012: $3,316,670Expenses 2012: $3,173,062Net Income 2012: $143,6082012Revenue 2013: $3,264,969Expenses 2013: $3,154,237Net Income 2013: $110,7322013Revenue 2014: $3,580,455Expenses 2014: $3,587,184Net Income 2014: -$6,7292014Revenue 2015: $3,396,731Expenses 2015: $3,597,365Net Income 2015: -$200,6342015Revenue 2016: $3,470,289Expenses 2016: $3,458,176Net Income 2016: $12,1132016Revenue 2017: $3,258,349Expenses 2017: $3,269,487Net Income 2017: -$11,1382017Revenue 2019: $3,894,303Expenses 2019: $3,543,732Net Income 2019: $350,5712019Revenue 2020: $3,279,662Expenses 2020: $3,653,143Net Income 2020: -$373,4812020Revenue 2021: $3,816,627Expenses 2021: $3,667,050Net Income 2021: $149,5772021Revenue 2022: $3,967,640Expenses 2022: $3,687,905Net Income 2022: $279,7352022Revenue 2023: $4,732,021Expenses 2023: $4,321,414Net Income 2023: $410,6072023Revenue 2024: $9,104,605Expenses 2024: $4,663,865Net Income 2024: $4,440,7402024

Highlighted filing

2024

Revenue$9,104,605
Expenses$4,663,865
Net Income$4,440,740

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.51$0.52$7.98$9.10$4.66$4.44
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.05$0.57$3.48$4.73$4.32$0.41
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.34$1.29$3.05$3.97$3.69$0.28
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.12$1.27$2.85$3.82$3.67$0.15
2020Summary only. Only limited summary data is available for this year.$3.86$1.21$2.65$3.28$3.65$0.37
2019Summary only. Only limited summary data is available for this year.$4.14$1.11$3.03$3.89$3.54$0.35
2017Summary only. Only limited summary data is available for this year.$3.76$1.24$2.52$3.26$3.27$0.01
2016Summary only. Only limited summary data is available for this year.$3.72$1.19$2.53$3.47$3.46$0.01
2015Summary only. Only limited summary data is available for this year.$3.92$1.40$2.52$3.40$3.60$0.20
2014Summary only. Only limited summary data is available for this year.$4.01$1.29$2.72$3.58$3.59$0.01
2013Summary only. Only limited summary data is available for this year.$4.12$1.40$2.73$3.26$3.15$0.11
2012Summary only. Only limited summary data is available for this year.$4.08$1.47$2.61$3.32$3.17$0.14
2011Summary only. Only limited summary data is available for this year.$4.13$1.65$2.47$2.38$2.63$0.25
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2021 below.

Jump To
Filing Snapshot
Filing Period
Jun 1, 2020 to May 31, 2021
Signed
Jan 15, 2022
Return Version
2020v4.0
Gross Receipts
$4,267,982
Mission and Program Overview

Mission

To form a community with homeless people working together to tranform those realities that provides such life conditions.

To provide a community to homeless people where they can develop their spirituality, self-sufficiency and equity towards an integral transformation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,699,276$2,749,287▲ $50,011
Investments in Publicly Traded Securities$525,300$634,572▲ $109,272
Savings and Temporary Cash Investments$556,316$527,290▼ $29,026
Pledges and Grants Receivable$43,730$171,005▲ $127,275
Prepaid Expenses and Deferred Charges$19,987$21,500▲ $1,513
Cash and Non-Interest-Bearing Accounts$4,550$4,550→ $0
Total Assets$3,860,301$4,119,346▲ $259,045
Other Assets Total$11,142$11,142→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$801,626$737,427▼ $64,199
Accounts Payable and Accrued Expenses$133,284$254,383▲ $121,099
Other Liabilities$73,658$139,549▲ $65,891
Deferred Revenue$200,582$134,520▼ $66,062
Total Liabilities$1,209,150$1,265,879▲ $56,729
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,555,718$2,791,175▲ $235,457
Net Assets With Donor Restrictions$95,433$62,292▼ $33,141
Total Net Assets Fund Balance$2,651,151$2,853,467▲ $202,316
Total Liabilities and Net Assets / Fund Balance$3,860,301$4,119,346▲ $259,045

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,189,928$2,475,652$4,665,580
Leasehold Improvements$381,272$1,656,795$2,038,067
Equipment$91,687$591,240$682,927
Land$86,400-$86,400

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$525,300-▲ $109,272-$634,572
2019$646,355-▼ $121,055-$525,300
2018$372,801-▲ $27,355-$646,355
2017$335,384-▲ $37,417-$372,801
2016$206,562-▲ $128,822-$335,384
Compensation and Service Providers

Highest Paid Contractors

ContractorServicesLocationCompensation
Belaval ContractorsFacilities ImprPMB 565 PO BOX 6017, Carolina, PR 00984$223,081
Revenue and Support

Revenue Composition

Contributions and Grants
$3,723,844
Program Service Revenue
$0
Investment Income
$57,283
Other Revenue
$35,500
All Other Contributions
$1,165,842
Change in Net Assets
$149,577

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported Amount
Food Inventory1,757$197,340
Other Non Cash Contri Table1$174,898
Clothing and Household Goods-$59,708
Other Non Cash Contri Table1$54,398
Other Non Cash Contri Table1$27,116
Cars and Other Vehicles137$24,213
Total Noncash Contributions1,897$537,673

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,816,627
Revenue Not Reported on Form 990
$52,739
Total Revenue per Audited Statements
$3,869,366
Total Revenue per Form 990
$3,816,627
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,397,513
Salaries, Compensation, and Employee Benefits$1,269,537
Total Fundraising Expense$20,852
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$671,444$64,415-$735,859
Occupancy$695,356--$695,356
Fees for Services Other$290,048$72,768-$362,816
Current Officers, Directors, Trustees, and Key Employees$358,433--$358,433
Depreciation Depletion$254,121$28,236-$282,357
Payroll Taxes$158,022$17,223-$175,245
Other Expenses$127,915$2,318$20,852$130,233
Insurance$57,794$14,442-$72,236
All Other Expenses$124$31,971-$32,095
Interest$20,855$5,651-$26,506
Total Functional Expenses$3,381,378$264,820$20,852$3,667,050

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,667,050
Total Expenses per Audited Statements$3,667,050
Total Expenses per Form 990$3,667,050
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$35,500
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Torneo De Golf$35,500$35,500-$35,500
Total Events$35,500$35,500-$35,500
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Line of Credit$75,584
Current Portion of Loans Payable$51,483
Current Portion of Obligations Under$12,482
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Once the form 990 is completed, the director of finance reviews the return with the audited financial statements and then they send it to the executive committee for a second review and approval. Finally, the form is signed by the executive directors.

Form 990, Page 6, Part VI, Line 12C

At the moment of the contract renewal every employee is made aware of the policy.

Form 990, Page 6, Part VI, Line 19

The documents are published in the organization's website, the us census bureau, in sam.gov and any other page included as federal and state requirements. The documents are also distributed to agencies, banks, donors and volunteers.

Filing and Contact Details

Filer

Filer Name
Corporacion La Fondita De Jesus
EIN
66-0426787
Phone
7877244051
Address
PO BOX 19384 FERNANDEZ JUNCOS ST, SAN JUAN, PR 00910-1384

Signing Officer

Name
Josue Maysonet Colon
Title
Finance Director
Phone
7877244051
Signed
2022-01-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Samuel Cespedes
Formed
1985
Legal Domicile
Pr
Voting Board Members
15
Independent Board Members
15
Employees
37
Volunteers
80

Preparer

Firm
Rsm Puerto Rico
Address
PO BOX 10528, SAN JUAN, PR 00922-0528
Preparer
Rafael De Rojas Sanchez
Phone
7877516164
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4A

Basic psychosocial, health & community services this program served a total of approximately 2,400 unduplicated participants. In order to accomplish the organization's mission, participants were provided with basic services including food (1,757 people served), clothing (301 people served), transportation (137 people served) and hygiene (308 people served), as well as, social services (143 people served) and educational workshops (86 people served). Participants were also helped to initiate a healing process for a healthy integration to the community with a team of social workers, case managers, counselors, doctors, nurses, psychologists and psychiatrists. Health services were provided to 364 people. Biblioteca de todos (people's library), located at pueblito de jess, provided services to homeless and the community at large. It has books, computers, access to internet, and basic audio-visual materials, primarily used by students of the community where the organization is located. The program received 469,538.00 in donated professional services, other volunteer services, donated advertising space and publication services.

Form 990, Page 2, Part III, Line 4B

Housing and program income through this program the organization develops and manages housing projects and micro-enterprises to increase access to housing and job opportunities for the homeless population. Also, affordable, and adequate housing is identified in the market to place participants who cannot be accommodated in the organization's housing developments. A total of 290 participants benefited from housing placement services. The program also includes skills development for the participants' healthy integration to the community and to promote self-sufficiency. 41 participants benefited from this program. The organization owns and manages a greenhouse, a thrift shop and an art workshop, that serve as therapy and training resources. Available jobs in the market are also identified to increase opportunities to place participants. 12 participants were placed in jobs.

Raw XML AppendixShowing 400 of 536 raw XML fields

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

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