Civic Intelligence

Coqui Charities Corporation

EIN 66-0850876 • 501(c)3 • San Juan, PR

Profile

Social, economic and cultural welfare of puerto rico.

1 Calle Wahsington Apt 4ASan Juan, PR 00907

n/A

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2022

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2022

Net Margin

56th percentile

4.6%

Higher net margin than 56% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

82nd percentile

34%

Faster asset growth than 82% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

21st percentile

-42%

Faster revenue growth than 21% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Up

$17,324

Up $4,409 (+34%) from 2021

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Up

$17,324

Up $4,409 (+34%) from 2021

Revenue

Down

$94,950

Down $68,019 (-42%) from 2021

Expenses

Down

$90,542

Down $70,229 (-44%) from 2021

Net Income

Up

$4,408

Up $2,210 (+101%) from 2021

Trend Graphs

Balance Sheet Trend

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

$40K$30K$20K$10K$0Assets 2019: $33,086Net Assets 2019: $33,0862019Assets 2020: $10,855Liabilities 2020: $138Net Assets 2020: $10,7172020Assets 2021: $12,915Net Assets 2021: $12,9152021Assets 2022: $17,324Net Assets 2022: $17,3242022

Highlighted filing

2022

Assets$17,324
Liabilities-
Net Assets$17,324

Operations Trend

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

$200K$150K$100K$50K$0-$50KRevenue 2019: $117,261Expenses 2019: $116,661Net Income 2019: $6002019Revenue 2020: $87,229Expenses 2020: $110,097Net Income 2020: -$22,8682020Revenue 2021: $162,969Expenses 2021: $160,771Net Income 2021: $2,1982021Revenue 2022: $94,950Expenses 2022: $90,542Net Income 2022: $4,4082022

Highlighted filing

2022

Revenue$94,950
Expenses$90,542
Net Income$4,408

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Jun 14, 2023
Return Version
2022v5.0
Gross Receipts
$94,950
Mission and Program Overview

Mission

Social, economic and cultural welfare of puerto rico.

The mission of coqui charities is simple - to promote the cultural, social and economic welfare of puerto rico. We are a group of people, some born and raised in puerto rico, others turned puerto rican after years of living and loving this island, that recognize that puerto rico is a special place, as unique as a coqui, and full of talented and vibrant people. The passage of the hurricane has been a very hard, collective time for our island and our goal is to help restore puerto rico and bring it back to its best. Coqui charities brings to life a whole-hearted idea - the idea that enriching puerto rico culturally will help puerto rico socially and economically and will be the catalyst to bring puerto rico back to its splendor. -cultural revival- the main component of coqui is to revitalize puerto rico culturally. The arts have always been one the best ways to brighten and liven a community, something puerto rico could certainly use after the year it's had. To this end, a big part of ou

Program Services

DescriptionGrantsExpenses
-ECONOMIC SUPPORT -WE ALSO HOPE TO BE ABLE TO COLLECT DONATIONS TO ACTIVELY PROVIDE ECONOMIC SUPPORT FOR OTHER FOUNDATIONS THAT HAVE MISSIONS THAT ARE ALIGNED WITH OURS, SUCH AS THE FOUNDATION FOR PUERTO RICO AND OTHERS. AT COQUI WE KNOW THAT WORKING AS A TEAM IS ALWAYS MORE EFFECTIVE THAN GOING IT ALONE AND WE HOPE TO BE ABLE TO FURTHER OTHER FOUNDATION'S INITIATIVES TO REACH THE COLLECTIVE GOAL OF BRINGING PUERTO RICO BACK TO ITS GLORY AND MORE$76,700$90,542
-ECONOMIC SUPPORT -WE ALSO HOPE TO BE ABLE TO COLLECT DONATIONS TO ACTIVELY PROVIDE ECONOMIC SUPPORT FOR OTHER FOUNDATIONS THAT HAVE MISSIONS THAT ARE ALIGNED WITH OURS, SUCH AS THE FOUNDATION FOR PUERTO RICO AND OTHERS. AT COQUI WE KNOW THAT WORKING AS A TEAM IS ALWAYS MORE EFFECTIVE THAN GOING IT ALONE AND WE HOPE TO BE ABLE TO FURTHER OTHER FOUNDATION'S INITIATIVES TO REACH THE COLLECTIVE GOAL OF BRINGING PUERTO RICO BACK TO ITS GLORY AND MORE--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
BRUCE L DEICHLPresidentPT$0--
NADIA BARBAROSSAOfficer-$0--
KENNETH BLAINEOfficer-$0--
ROBERT LOWRYOfficer-$0--
RANDY JENSENOfficer-$0--
ROSANNA ROIGOfficerPT$0--
HILDA MUOZOfficerPT$0--
MICHAEL BITLEROfficer-$0--
DORIS MUOZOfficerPT$0--
MARIA MONTALVOOfficerPT$0--
LUIS LOMBAOfficer-$0--
Filing and Contact Details

Filer

Filer Name
Coqui Charities Corporation
EIN
66-0850876
Phone
7875258050
Address
1 CALLE WAHSINGTON APT 4A, SAN JUAN, PR 00907

Signing Officer

Name
Bruce L Deichl
Title
President
Phone
7875258050
Signed
2023-06-14

Preparer

Firm
Hlb Puerto Rico LLC
Address
165 AVE PONCE DE LEON STE 201, SAN JUAN, PR 00917-1235
Preparer
Luis R Lomba
Phone
7872307100
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I

Manatee center 5,000 club rotarios-turkey drive 500 palmas community church 6,000 ballet forte-workshops for dancers 18,200 from pop to opera concert 47,000 ____________ total other deductions 76,700 ============

Form 990-ez, Part I, Line 10

Cash contribution: 76,700

Form 990-ez, Part III

The mission of coqui charities is simple - to promote the cultural, social and economic welfare of puerto rico. We are a group of people, some born and raised in puerto rico, others turned puerto rican after years of living and loving this island, that recognize that puerto rico is a special place, as unique as a coqui, and full of talented and vibrant people. The passage of the hurricane has been a very hard, collective time for our island and our goal is to help restore puerto rico and bring it back to its best. Coqui charities brings to life a whole-hearted idea - the idea that enriching puerto rico culturally will help puerto rico socially and economically and will be the catalyst to bring puerto rico back to its splendor. -cultural revival- the main component of coqui is to revitalize puerto rico culturally. The arts have always been one the best ways to brighten and liven a community, something puerto rico could certainly use after the year it's had. To this end, a big part of our goal is to broaden puerto rico's cultural offerings, as well as support current arts and cultural initiatives. We hope to enrich the lives of puerto ricans and its visitors and to help shine a spotlight on the beauty and uniqueness of puerto rico's own culture. Our hope is that this will start a cultural revolution, attracting more and more cultural initiatives and this in turn will snowball into social and economic benefits for the island and its amazing residents. -social conscience - many puerto ricans are still heavily affected by the hurricane. Our goal is to identify people and communities that still need help getting back on their feet. Coqui charities' founders have already been supporting certain initiatives in this realm, such as by collaborating with the world water foundation to bring potable water to communities that have been left without access to potable water as a result of the hurricane. A natural extension of coqui charities will be to continue collaborating with other foundations in this type of initiative.

Form 990-ez, Part III, Line 28

-economic support -we also hope to be able to collect donations to actively provide economic support for other foundations that have missions that are aligned with ours, such as the foundation for puerto rico and others. At coqui we know that working as a team is always more effective than going it alone and we hope to be able to further other foundation's initiatives to reach the collective goal of bringing puerto rico back to its glory and more

Form 990-ez, Part III, Line 31

-economic support -we also hope to be able to collect donations to actively provide economic support for other foundations that have missions that are aligned with ours, such as the foundation for puerto rico and others. At coqui we know that working as a team is always more effective than going it alone and we hope to be able to further other foundation's initiatives to reach the collective goal of bringing puerto rico back to its glory and more

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IRS990EZ/PrimaryExemptPurposeTxt0THE MISSION OF COQUI CHARITIES IS SIMPLE - TO PROMOTE THE CULTURAL, SOCIAL AND ECONOMIC WELFARE OF PUERTO RICO. WE ARE A GROUP OF PEOPLE, SOME BORN AND RAISED IN PUERTO RICO, OTHERS TURNED PUERTO RICAN AFTER YEARS OF LIVING AND LOVING THIS ISLAND, THAT RECOGNIZE THAT PUERTO RICO IS A SPECIAL PLACE, AS UNIQUE AS A COQUI, AND FULL OF TALENTED AND VIBRANT PEOPLE. THE PASSAGE OF THE HURRICANE HAS BEEN A VERY HARD, COLLECTIVE TIME FOR OUR ISLAND AND OUR GOAL IS TO HELP RESTORE PUERTO RICO AND BRING IT BACK TO ITS BEST. COQUI CHARITIES BRINGS TO LIFE A WHOLE-HEARTED IDEA - THE IDEA THAT ENRICHING PUERTO RICO CULTURALLY WILL HELP PUERTO RICO SOCIALLY AND ECONOMICALLY AND WILL BE THE CATALYST TO BRING PUERTO RICO BACK TO ITS SPLENDOR. -CULTURAL REVIVAL- THE MAIN COMPONENT OF COQUI IS TO REVITALIZE PUERTO RICO CULTURALLY. THE ARTS HAVE ALWAYS BEEN ONE THE BEST WAYS TO BRIGHTEN AND LIVEN A COMMUNITY, SOMETHING PUERTO RICO COULD CERTAINLY USE AFTER THE YEAR IT'S HAD. TO THIS END, A BIG PART OF OU
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MANATEE CENTER 5,000 CLUB ROTARIOS-TURKEY DRIVE 500 PALMAS COMMUNITY CHURCH 6,000 BALLET FORTE-WORKSHOPS FOR DANCERS 18,200 FROM POP TO OPERA CONCERT 47,000 ____________ TOTAL OTHER DEDUCTIONS 76,700 ============
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CASH CONTRIBUTION: 76,700
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE MISSION OF COQUI CHARITIES IS SIMPLE - TO PROMOTE THE CULTURAL, SOCIAL AND ECONOMIC WELFARE OF PUERTO RICO. WE ARE A GROUP OF PEOPLE, SOME BORN AND RAISED IN PUERTO RICO, OTHERS TURNED PUERTO RICAN AFTER YEARS OF LIVING AND LOVING THIS ISLAND, THAT RECOGNIZE THAT PUERTO RICO IS A SPECIAL PLACE, AS UNIQUE AS A COQUI, AND FULL OF TALENTED AND VIBRANT PEOPLE. THE PASSAGE OF THE HURRICANE HAS BEEN A VERY HARD, COLLECTIVE TIME FOR OUR ISLAND AND OUR GOAL IS TO HELP RESTORE PUERTO RICO AND BRING IT BACK TO ITS BEST. COQUI CHARITIES BRINGS TO LIFE A WHOLE-HEARTED IDEA - THE IDEA THAT ENRICHING PUERTO RICO CULTURALLY WILL HELP PUERTO RICO SOCIALLY AND ECONOMICALLY AND WILL BE THE CATALYST TO BRING PUERTO RICO BACK TO ITS SPLENDOR. -CULTURAL REVIVAL- THE MAIN COMPONENT OF COQUI IS TO REVITALIZE PUERTO RICO CULTURALLY. THE ARTS HAVE ALWAYS BEEN ONE THE BEST WAYS TO BRIGHTEN AND LIVEN A COMMUNITY, SOMETHING PUERTO RICO COULD CERTAINLY USE AFTER THE YEAR IT'S HAD. TO THIS END, A BIG PART OF OUR GOAL IS TO BROADEN PUERTO RICO'S CULTURAL OFFERINGS, AS WELL AS SUPPORT CURRENT ARTS AND CULTURAL INITIATIVES. WE HOPE TO ENRICH THE LIVES OF PUERTO RICANS AND ITS VISITORS AND TO HELP SHINE A SPOTLIGHT ON THE BEAUTY AND UNIQUENESS OF PUERTO RICO'S OWN CULTURE. OUR HOPE IS THAT THIS WILL START A CULTURAL REVOLUTION, ATTRACTING MORE AND MORE CULTURAL INITIATIVES AND THIS IN TURN WILL SNOWBALL INTO SOCIAL AND ECONOMIC BENEFITS FOR THE ISLAND AND ITS AMAZING RESIDENTS. -SOCIAL CONSCIENCE - MANY PUERTO RICANS ARE STILL HEAVILY AFFECTED BY THE HURRICANE. OUR GOAL IS TO IDENTIFY PEOPLE AND COMMUNITIES THAT STILL NEED HELP GETTING BACK ON THEIR FEET. COQUI CHARITIES' FOUNDERS HAVE ALREADY BEEN SUPPORTING CERTAIN INITIATIVES IN THIS REALM, SUCH AS BY COLLABORATING WITH THE WORLD WATER FOUNDATION TO BRING POTABLE WATER TO COMMUNITIES THAT HAVE BEEN LEFT WITHOUT ACCESS TO POTABLE WATER AS A RESULT OF THE HURRICANE. A NATURAL EXTENSION OF COQUI CHARITIES WILL BE TO CONTINUE COLLABORATING WITH OTHER FOUNDATIONS IN THIS TYPE OF INITIATIVE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3-ECONOMIC SUPPORT -WE ALSO HOPE TO BE ABLE TO COLLECT DONATIONS TO ACTIVELY PROVIDE ECONOMIC SUPPORT FOR OTHER FOUNDATIONS THAT HAVE MISSIONS THAT ARE ALIGNED WITH OURS, SUCH AS THE FOUNDATION FOR PUERTO RICO AND OTHERS. AT COQUI WE KNOW THAT WORKING AS A TEAM IS ALWAYS MORE EFFECTIVE THAN GOING IT ALONE AND WE HOPE TO BE ABLE TO FURTHER OTHER FOUNDATION'S INITIATIVES TO REACH THE COLLECTIVE GOAL OF BRINGING PUERTO RICO BACK TO ITS GLORY AND MORE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4-ECONOMIC SUPPORT -WE ALSO HOPE TO BE ABLE TO COLLECT DONATIONS TO ACTIVELY PROVIDE ECONOMIC SUPPORT FOR OTHER FOUNDATIONS THAT HAVE MISSIONS THAT ARE ALIGNED WITH OURS, SUCH AS THE FOUNDATION FOR PUERTO RICO AND OTHERS. AT COQUI WE KNOW THAT WORKING AS A TEAM IS ALWAYS MORE EFFECTIVE THAN GOING IT ALONE AND WE HOPE TO BE ABLE TO FURTHER OTHER FOUNDATION'S INITIATIVES TO REACH THE COLLECTIVE GOAL OF BRINGING PUERTO RICO BACK TO ITS GLORY AND MORE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III, LINE 28
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 31
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