Civic Intelligence

Dewey University Inc.

990 • Fiscal year 2019 • EIN 66-0498051

Jul 01, 2018 to Jun 30, 2019 • Filed on Jul 14, 2020

Organization ProfileDEWEY.EDU
PO Box 19538San Juan, PR 00910

(787) 753-0039

Siviq Scores

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

Liabilities / Assets

74th percentile

0.54x

Higher debt load relative to assets than 74% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2019

Liabilities / Revenue

80th percentile

1.22x

Higher debt load relative to revenue than 80% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2019

Net Margin

21st percentile

-5.0%

Higher net margin than 21% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2019

Top Officer Pay

11th percentile

$91,209

Higher top officer pay than 11% of similar nonprofits.

Top officer pay equals 0.8% of source-year revenue.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2019

Asset Growth

20th percentile

-2.5%

Faster asset growth than 20% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2018 to 2019

Revenue Growth

24th percentile

-6.3%

Faster revenue growth than 24% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets74th percentile

Assets

Down

$26,200,366

Down $664,233 (-2.5%) from 2018

Net Assets

Down

$12,047,273

Down $583,441 (-4.6%) from 2018

Liabilities

Down

$14,153,093

Down $80,792 (-0.6%) from 2018

Revenue And Expenses
Liabilities / Revenue80th percentileNet Margin21st percentile

Revenue

Down

$11,629,476

Down $787,172 (-6.3%) from 2018

Expenses

Down

$12,212,917

Down $2,351,832 (-16%) from 2018

Net Income

Up

-$583,441

Up $1,564,660 (+73%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth20th percentile

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

$60M$40M$20M$0Assets 2010: $36,744,758Liabilities 2010: $20,517,631Net Assets 2010: $16,227,1272010Assets 2011: $36,402,256Liabilities 2011: $16,473,907Net Assets 2011: $19,928,3492011Assets 2012: $37,037,457Liabilities 2012: $16,664,768Net Assets 2012: $20,372,6892012Assets 2013: $35,454,624Liabilities 2013: $14,507,181Net Assets 2013: $20,947,4432013Assets 2014: $29,279,393Liabilities 2014: $11,998,435Net Assets 2014: $17,280,9582014Assets 2015: $26,370,146Liabilities 2015: $11,300,567Net Assets 2015: $15,069,5792015Assets 2016: $27,212,721Liabilities 2016: $12,099,125Net Assets 2016: $15,113,5962016Assets 2017: $28,255,420Liabilities 2017: $13,476,605Net Assets 2017: $14,778,8152017Assets 2018: $26,864,599Liabilities 2018: $14,233,885Net Assets 2018: $12,630,7142018Assets 2019: $26,200,366Liabilities 2019: $14,153,093Net Assets 2019: $12,047,2732019Assets 2020: $27,285,134Liabilities 2020: $14,306,775Net Assets 2020: $12,978,3592020Assets 2021: $31,605,242Liabilities 2021: $16,768,664Net Assets 2021: $14,836,5782021Assets 2022: $32,839,404Liabilities 2022: $15,973,327Net Assets 2022: $16,866,0772022Assets 2023: $41,079,713Liabilities 2023: $22,552,094Net Assets 2023: $18,527,6192023Assets 2024: $39,498,406Liabilities 2024: $18,602,069Net Assets 2024: $20,896,3372024

Highlighted filing

2019

Assets$26,200,366
Liabilities$14,153,093
Net Assets$12,047,273
Open 2019 Filing

Operations Trend

Revenue Growth24th percentile

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

$30M$20M$10M$0-$10MExpenses 2010: $26,318,0702010Expenses 2011: $25,942,5162011Expenses 2012: $26,475,5502012Expenses 2013: $26,036,8732013Revenue 2014: $23,837,669Expenses 2014: $23,631,495Net Income 2014: $206,1742014Revenue 2015: $22,236,899Expenses 2015: $22,130,800Net Income 2015: $106,0992015Revenue 2016: $19,493,358Expenses 2016: $19,449,341Net Income 2016: $44,0172016Revenue 2017: $16,422,749Expenses 2017: $16,702,240Net Income 2017: -$279,4912017Revenue 2018: $12,416,648Expenses 2018: $14,564,749Net Income 2018: -$2,148,1012018Revenue 2019: $11,629,476Expenses 2019: $12,212,917Net Income 2019: -$583,4412019Revenue 2020: $12,068,486Expenses 2020: $11,137,400Net Income 2020: $931,0862020Revenue 2021: $14,746,448Expenses 2021: $11,691,580Net Income 2021: $3,054,8682021Revenue 2022: $15,141,405Expenses 2022: $13,111,906Net Income 2022: $2,029,4992022Revenue 2023: $12,963,948Expenses 2023: $11,302,406Net Income 2023: $1,661,5422023Revenue 2024: $14,291,618Expenses 2024: $11,922,900Net Income 2024: $2,368,7182024

Highlighted filing

2019

Revenue$11,629,476
Expenses$12,212,917
Net Income-$583,441
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Jul 14, 2020
Return Version
2018v3.2
Gross Receipts
$11,629,476
Mission and Program Overview

Mission

Non profit educational institution with ten facilities located in carolina, hato rey, juana diaz, manati, bayamon, and fajardo. The university is licensed by the pr general council and accredited by the accrediting bureau of health education schools (abhes). Also, the university has a program participation agreement with the us department of education.

Dewey university is a private non profit educational institution with ten educational facilities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$20,545,147$21,411,978▲ $866,831
Accounts Receivable$1,223,194$756,407▼ $466,787
Cash and Non-Interest-Bearing Accounts$1,116,709$225,385▼ $891,324
Total Assets$26,864,599$26,200,366▼ $664,233
Other Assets Total$3,979,549$3,806,596▼ $172,953
Liabilities
Mortgage Notes Payable Secured by Investment Property$11,564,895$11,389,664▼ $175,231
Accounts Payable and Accrued Expenses$2,580,586$2,659,669▲ $79,083
Other Liabilities$88,404$103,760▲ $15,356
Total Liabilities$14,233,885$14,153,093▼ $80,792
Net Assets / Fund Balance
Unrestricted Net Assets$10,767,484$10,708,255▼ $59,229
Temporarily Rstr Net Assets$1,863,230$1,339,018▼ $524,212
Total Net Assets Fund Balance$12,630,714$12,047,273▼ $583,441
Total Liabilities and Net Assets / Fund Balance$26,864,599$26,200,366▼ $664,233

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$9,997,742$2,427,799-
Other Land Buildings$1,324,233$1,882,442-
Land$4,072,268--
Equipment$3,391,859$8,290,205-
Leasehold Improvements$2,625,876$2,485,426-
Other Assets Org$264,942--
Compensation and Service Providers
Top Officer Pay11th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Carlos a QuionesPresidentFT$91,209$91,209
Yelitza FelicianoVice-presideFT$65,691$65,691
William Ubinas TaylorExternal ResFT$64,794$64,794
Glenis I Vlez OlivenciaHr Vice-presFT$63,894$63,894
Mara Soto SimonettiAdm Dean-hatFT$48,600$48,600
Mayra VillanovaFinancial AiFT$45,052$45,052
Jaime Martir SantiagoControllerFT$44,168$44,168
Amarilys Espada MirandaCompliance DFT$42,715$42,715
Georgina Solivan QuilesBranch DirecFT$40,499$40,499
Yesenia MachucaBranch DirecFT$38,286$38,286
Mara D Martnez RiveraDirector ofFT$38,129$38,129
Sahilys Guzman LandronBranch AcadeFT$34,880$34,880

Highest Paid Contractors

ContractorServicesLocationCompensation
Ramona Munsell & AssociatesProf Serv5208 VILLAGE PKWY STE 1, Rogers, AR 72758$326,570
Hosec EngineeringContractorPO BOX 1778, Guaynabo, PR 00970$207,100
Sky Green AcContractor1749 AVE JESUS T PINERO, San Juan, PR 00921$195,580
Noreco Roofing CorpContractorCARR 842 KM 3 9 BO CAIMITO ALTO, San Juan, PR 00926$178,062
Infinity Roofing INCContractorPO BOX 19599, San Juan, PR 00910$158,899
Revenue and Support

Revenue Composition

Contributions and Grants
$2,666,932
Program Service Revenue
$8,083,401
Investment Income
$110,671
Other Revenue
$768,472
Change in Net Assets
$-583,441

Audited Revenue Reconciliation

Revenue per Audited Statements
$11,629,476
Total Revenue per Audited Statements
$11,629,476
Total Revenue per Form 990
$11,629,476
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$6,697,157
Salaries, Compensation, and Employee Benefits$5,515,760
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,793,418$1,479,137-$4,272,555
Occupancy$1,792,280$96,868-$1,889,148
Depreciation Depletion$959,136$51,839-$1,010,975
Interest$610,195$32,979-$643,174
Current Officers, Directors, Trustees, and Key Employees$278,063$339,854-$617,917
Payroll Taxes$519,399$49,389-$568,788
All Other Expenses$478,967$81,267-$560,234
Fees for Services Other-$481,935-$481,935
Other Expenses$623,239$196,175-$196,175
Advertising$18,243$74,426-$92,669
Insurance$80,056$4,327-$84,383
Office Expenses$46,411$11,526-$57,937
Other Employee Benefits$365$56,135-$56,500
Fees for Services Management-$55,878-$55,878
Fees for Services Legal-$49,194-$49,194
Conferences and Meetings-$6,661-$6,661
Travel$2,212$118-$2,330
Total Functional Expenses$8,647,691$3,565,226$0$12,212,917

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$12,212,917
Total Expenses per Audited Statements$12,212,917
Total Expenses per Form 990$12,212,917
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Obligations Under Capital Leases$103,760
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 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 2

“Carlos quiones absolute community investments mayra vilanova financial aid director”

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

“The vice-president reviews the return before filing it.”

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

“The board of directors verifies and approves most of the contracts.”

Form 990, Page 6, Part VI, Line 19

“The organization has the financial statements publish in the clearing house office. The conflict of interest policy is available for the public upon request.”

Filing and Contact Details

Filer

Filer Name
Dewey University Inc
EIN
66-0498051
Phone
7877530039
Address
PO BOX 19538, SAN JUAN, PR 00910

Signing Officer

Name
Carlos a Quiones
Title
President
Phone
7877530039
Signed
2020-07-14

Organization Details

Principal Officer
Carlos a Quiones
Formed
1986
Legal Domicile
Pr
Voting Board Members
4
Independent Board Members
8
Employees
293

Preparer

Firm
Fpv & Galindez LLC
Address
PO BOX 364152, SAN JUAN, PR 00936-4152
Preparer
Kenneth Rivera-robles
Phone
7877254545
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“Non profit educational institution with ten facilities located in carolina, hato rey, juana diaz, manati, bayamon, and fajardo. The university is licensed by the pr general council and accredited by the accrediting council for independent colleges and schools (acics) agency. Also, the university has a program participation agreement with the us department of education.”

Raw XML AppendixShowing 400 of 516 raw XML fields

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

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt02580586
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt02659669
IRS990/AccountsReceivableGrp/BOYAmt01223194
IRS990/AccountsReceivableGrp/EOYAmt0756407
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0DEWEY UNIVERSITY IS A PRIVATE NON PROFIT EDUCATIONAL INSTITUTION WITH TEN EDUCATIONAL FACILITIES.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt074426
IRS990/AdvertisingGrp/ProgramServicesAmt018243
IRS990/AdvertisingGrp/TotalAmt092669
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt081267
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0478967
IRS990/AllOtherExpensesGrp/TotalAmt0560234
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0CARLOS A QUINONES
IRS990/BooksInCareOfDetail/PhoneNum07877530039
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 19538
IRS990/BooksInCareOfDetail/USAddress/CityNm0SAN JUAN
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0PR
IRS990/BooksInCareOfDetail/USAddress/ZIPCd000910
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt01116709
IRS990/CashNonInterestBearingGrp/EOYAmt0225385
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt06
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0339854
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0278063
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0617917
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt06661
IRS990/ConferencesMeetingsGrp/TotalAmt06661
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContractorCompensationGrp/CompensationAmt0326570
IRS990/ContractorCompensationGrp/CompensationAmt1207100
IRS990/ContractorCompensationGrp/CompensationAmt2195580
IRS990/ContractorCompensationGrp/CompensationAmt3178062
IRS990/ContractorCompensationGrp/CompensationAmt4158899
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt05208 VILLAGE PKWY STE 1
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt1PO BOX 1778
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt21749 AVE JESUS T PINERO
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt3CARR 842 KM 3 9 BO CAIMITO ALTO
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt4PO BOX 19599
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0ROGERS
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1GUAYNABO
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm2SAN JUAN
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm3SAN JUAN
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm4SAN JUAN
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0AR
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1PR
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd2PR
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd3PR
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd4PR
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd072758
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd100970
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd200921
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd300926
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd400910
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0RAMONA MUNSELL & ASSOCIATES
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1HOSEC ENGINEERING
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt2SKY GREEN AC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt3NORECO ROOFING CORP
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt4INFINITY ROOFING INC
IRS990/ContractorCompensationGrp/ServicesDesc0PROF SERV
IRS990/ContractorCompensationGrp/ServicesDesc1CONTRACTOR
IRS990/ContractorCompensationGrp/ServicesDesc2CONTRACTOR
IRS990/ContractorCompensationGrp/ServicesDesc3CONTRACTOR
IRS990/ContractorCompensationGrp/ServicesDesc4CONTRACTOR
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt02666932
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0110671
IRS990/CYOtherExpensesAmt06697157
IRS990/CYOtherRevenueAmt0768472
IRS990/CYProgramServiceRevenueAmt08083401
IRS990/CYRevenuesLessExpensesAmt0-583441
IRS990/CYSalariesCompEmpBnftPaidAmt05515760
IRS990/CYTotalExpensesAmt012212917
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt011629476
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt051839
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0959136
IRS990/DepreciationDepletionGrp/TotalAmt01010975
IRS990/Desc0TO TRAIN STUDENTS OR THE EMPLOYMENT MARKET IN THEIR INITIATION IN CONTINUED PROFESSIONAL, INTELLECTUAL, AND PERSONAL DEVELOPMENT.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt0293
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt08647691
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FederalGrantAuditPerformedInd0true
IRS990/FederalGrantAuditRequiredInd0true
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt049194
IRS990/FeesForServicesLegalGrp/TotalAmt049194
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt055878
IRS990/FeesForServicesManagementGrp/TotalAmt055878
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0481935
IRS990/FeesForServicesOtherGrp/TotalAmt0481935
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt240.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt340.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt440.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt540.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt640.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt740.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt840.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt940.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1140.00
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd7X
IRS990/Form990PartVIISectionAGrp/OfficerInd8X
IRS990/Form990PartVIISectionAGrp/OfficerInd9X
IRS990/Form990PartVIISectionAGrp/OfficerInd10X
IRS990/Form990PartVIISectionAGrp/OfficerInd11X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/PersonNm0CARLOS A QUIONES
IRS990/Form990PartVIISectionAGrp/PersonNm1YELITZA FELICIANO
IRS990/Form990PartVIISectionAGrp/PersonNm2WILLIAM UBINAS TAYLOR
IRS990/Form990PartVIISectionAGrp/PersonNm3GLENIS I VLEZ OLIVENCIA
IRS990/Form990PartVIISectionAGrp/PersonNm4MARA SOTO SIMONETTI
IRS990/Form990PartVIISectionAGrp/PersonNm5MAYRA VILLANOVA
IRS990/Form990PartVIISectionAGrp/PersonNm6JAIME MARTIR SANTIAGO
IRS990/Form990PartVIISectionAGrp/PersonNm7AMARILYS ESPADA MIRANDA
IRS990/Form990PartVIISectionAGrp/PersonNm8GEORGINA SOLIVAN QUILES
IRS990/Form990PartVIISectionAGrp/PersonNm9YESENIA MACHUCA
IRS990/Form990PartVIISectionAGrp/PersonNm10MARA D MARTNEZ RIVERA
IRS990/Form990PartVIISectionAGrp/PersonNm11SAHILYS GUZMAN LANDRON
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt091209
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt165691
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt264794
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt363894
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt448600
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt545052
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt644168
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt742715
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt840499
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt938286
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1038129
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1134880
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE-PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt2EXTERNAL RES
IRS990/Form990PartVIISectionAGrp/TitleTxt3HR VICE-PRES
IRS990/Form990PartVIISectionAGrp/TitleTxt4ADM DEAN-HAT
IRS990/Form990PartVIISectionAGrp/TitleTxt5FINANCIAL AI
IRS990/Form990PartVIISectionAGrp/TitleTxt6CONTROLLER
IRS990/Form990PartVIISectionAGrp/TitleTxt7COMPLIANCE D
IRS990/Form990PartVIISectionAGrp/TitleTxt8BRANCH DIREC
IRS990/Form990PartVIISectionAGrp/TitleTxt9BRANCH DIREC
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR OF
IRS990/Form990PartVIISectionAGrp/TitleTxt11BRANCH ACADE
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01986
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GovernmentGrantsAmt02666932
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt011629476
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt08
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartVInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt04327
IRS990/InsuranceGrp/ProgramServicesAmt080056
IRS990/InsuranceGrp/TotalAmt084383
IRS990/InterestGrp/ManagementAndGeneralAmt032979
IRS990/InterestGrp/ProgramServicesAmt0610195
IRS990/InterestGrp/TotalAmt0643174
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0110671
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0110671
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt015085872
IRS990/LandBldgEquipBasisNetGrp/BOYAmt020545147
IRS990/LandBldgEquipBasisNetGrp/EOYAmt021411978
IRS990/LandBldgEquipCostOrOtherBssAmt036497850
IRS990/LegalDomicileStateCd0PR
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0NON PROFIT EDUCATIONAL INSTITUTION WITH TEN FACILITIES LOCATED IN CAROLINA, HATO REY, JUANA DIAZ, MANATI, BAYAMON, AND FAJARDO. THE UNIVERSITY IS LICENSED BY THE PR GENERAL COUNCIL AND ACCREDITED BY THE ACCREDITING COUNCIL FOR INDEPENDENT COLLEGES AND SCHOOLS (ACICS) AGENCY. ALSO, THE UNIVERSITY HAS A PROGRAM PARTICIPATION AGREEMENT WITH THE US DEPARTMENT OF EDUCATION.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt011564895
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt011389664
IRS990/NetAssetsOrFundBalancesBOYAmt012630714
IRS990/NetAssetsOrFundBalancesEOYAmt012047273
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt096868
IRS990/OccupancyGrp/ProgramServicesAmt01792280
IRS990/OccupancyGrp/TotalAmt01889148
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt011526
IRS990/OfficeExpensesGrp/ProgramServicesAmt046411
IRS990/OfficeExpensesGrp/TotalAmt057937
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt03979549
IRS990/OtherAssetsTotalGrp/EOYAmt03806596
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt056135
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0365
IRS990/OtherEmployeeBenefitsGrp/TotalAmt056500
IRS990/OtherExpensesGrp/Desc0BAD DEBTS
IRS990/OtherExpensesGrp/Desc1UTILITIES
IRS990/OtherExpensesGrp/Desc2MEMBERSHIP & SUBSCRIPTION
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS EXPENSE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0216828
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt133684
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2247006
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3196175
IRS990/OtherExpensesGrp/ProgramServicesAmt0445707
IRS990/OtherExpensesGrp/ProgramServicesAmt1623239
IRS990/OtherExpensesGrp/TotalAmt0662535
IRS990/OtherExpensesGrp/TotalAmt1656923
IRS990/OtherExpensesGrp/TotalAmt2247006
IRS990/OtherExpensesGrp/TotalAmt3196175
IRS990/OtherLiabilitiesGrp/BOYAmt088404
IRS990/OtherLiabilitiesGrp/EOYAmt0103760
IRS990/OtherRevenueMiscGrp/Desc0GAIN ON INSURANCE RECOVERY
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0768472
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0768472
IRS990/OtherRevenueTotalAmt0768472
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt01479137
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02793418
IRS990/OtherSalariesAndWagesGrp/TotalAmt04272555
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt049389
IRS990/PayrollTaxesGrp/ProgramServicesAmt0519399
IRS990/PayrollTaxesGrp/TotalAmt0568788
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0CARLOS A QUIONES
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0FEDERAL STUDENTS AID
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt08083401
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt08083401
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01855470
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt065456
IRS990/PYOtherExpensesAmt08041343
IRS990/PYOtherRevenueAmt02901806
IRS990/PYProgramServiceRevenueAmt07593916
IRS990/PYRevenuesLessExpensesAmt0-2148101
IRS990/PYSalariesCompEmpBnftPaidAmt06523406
IRS990/PYTotalExpensesAmt014564749
IRS990/PYTotalRevenueAmt012416648
IRS990/ReconcilationRevenueExpnssAmt0-583441
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0true
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt011629476
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt09997742
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02427799
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt012425541
IRS990ScheduleD/EquipmentGrp/BookValueAmt03391859
IRS990ScheduleD/EquipmentGrp/DepreciationAmt08290205
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt011682064
IRS990ScheduleD/ExpensesSubtotalAmt012212917
IRS990ScheduleD/LandGrp/BookValueAmt04072268
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt04072268
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt02625876
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt02485426
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt05111302
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01339018
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1892523
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2397498
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt3315433
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt4300000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt5297182
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt6264942
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0PLEDGE RECEIVABLE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1PROPERTY HELD FOR FUTURE USE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2RELATED PARTIES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3PREPAID EXPENSES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4OTHER RECEIVABLES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc5DEPOSITS FOR UTILITIES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc6GRANTS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01324233
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt01882442
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt03206675
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0103760
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0OBLIGATIONS UNDER CAPITAL LEASES
IRS990ScheduleD/RevenueSubtotalAmt011629476
IRS990ScheduleD/TotalBookValueLandBuildingsAmt021411978
IRS990ScheduleD/TotalBookValueOtherAssetsAmt03806596
IRS990ScheduleD/TotalExpensesPerForm990Amt012212917
IRS990ScheduleD/TotalLiabilityAmt0103760
IRS990ScheduleD/TotalRevenuePerForm990Amt011629476
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt011629476
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt012212917
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0FINANCIAL AID OR GOVERNMENT ASSISTANCE EXPLANATION - THE UNIVERSITY PARTICIPATES IN FEDERAL STUDENT FINANCIAL AID (SFA) PROGRAMS. FUNDS FROM SFA PROGRAMS FOR WHICH THE UNIVERSITY IS RESPONSIBLE FOR DETERMINING STUDENT ELEGIBLITY AND DISBURSING, ARE RECORDED AS REVENUE WHEN AWARED TO STUDENTS. IN ADDITION, THE UNIVERSITY ACTS AS AN AGENT FOR CERTAIN SFA CLUSTER PROGRAMS. SINCE THESE ARE DIRECT GRANTS TO THE STUDENTS, THE UNIVERSITY DOES NOT INCLUDE THESE AMOUNTS AS REVENUES OR EXPENSES IN THE FINANCIAL STATEMENTS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NON PROFIT EDUCATIONAL INSTITUTION WITH TEN FACILITIES LOCATED IN CAROLINA, HATO REY, JUANA DIAZ, MANATI, BAYAMON, AND FAJARDO. THE UNIVERSITY IS LICENSED BY THE PR GENERAL COUNCIL AND ACCREDITED BY THE ACCREDITING COUNCIL FOR INDEPENDENT COLLEGES AND SCHOOLS (ACICS) AGENCY. ALSO, THE UNIVERSITY HAS A PROGRAM PARTICIPATION AGREEMENT WITH THE US DEPARTMENT OF EDUCATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CARLOS QUIONES ABSOLUTE COMMUNITY INVESTMENTS MAYRA VILANOVA FINANCIAL AID DIRECTOR
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE VICE-PRESIDENT REVIEWS THE RETURN BEFORE FILING IT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD OF DIRECTORS VERIFIES AND APPROVES MOST OF THE CONTRACTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION HAS THE FINANCIAL STATEMENTS PUBLISH IN THE CLEARING HOUSE OFFICE. THE CONFLICT OF INTEREST POLICY IS AVAILABLE FOR THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$26,200,366
Liabilities
$14,153,093
Net assets
$12,047,273
Revenue
$11,629,476
Expenses
$12,212,917
Net income
-$583,441
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$39.5$18.6$20.9$14.3$11.9$2.37
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$41.1$22.6$18.5$13.0$11.3$1.66
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$32.8$16.0$16.9$15.1$13.1$2.03
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$31.6$16.8$14.8$14.7$11.7$3.05
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$27.3$14.3$13.0$12.1$11.1$0.93
2019Detailed filing. Detailed filing data is available for this year.$26.2$14.2$12.0$11.6$12.2$0.58
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$26.9$14.2$12.6$12.4$14.6$2.15
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$28.3$13.5$14.8$16.4$16.7$0.28
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$27.2$12.1$15.1$19.5$19.4$0.04
2015Detailed filing. Detailed filing data is available for this year.$26.4$11.3$15.1$22.2$22.1$0.11
2014Detailed filing. Detailed filing data is available for this year.$29.3$12.0$17.3$23.8$23.6$0.21
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$35.5$14.5$20.9$26.0
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$37.0$16.7$20.4$26.5
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$36.4$16.5$19.9$25.9
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$36.7$20.5$16.2$26.3