Liabilities / Assets
85th percentile
Higher debt load relative to assets than 85% of similar nonprofits.
EIN 66-1006350 • 501(c)3 • Guaynabo, PR
Profile
The purpose of the foundation is to facilitate the training and support the professional development necessary to promote the limitless opportunities offered by the prepared food and hospitality industry, with the vision of being the educational and professional development promoters for the prepared food and hospitality industry in puerto rico.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
85th percentile
Higher debt load relative to assets than 85% of similar nonprofits.
Liabilities / Revenue
91st percentile
Higher debt load relative to revenue than 91% of similar nonprofits.
Net Margin
92nd percentile
Higher net margin than 92% of similar nonprofits.
Top Officer Pay
84th percentile
Higher top officer pay than 84% of similar nonprofits.
Top officer pay equals 7.1% of source-year revenue.
Asset Growth
91st percentile
Faster asset growth than 91% of similar nonprofits.
Revenue Growth
72nd percentile
Faster revenue growth than 72% of similar nonprofits.
Assets
Up$117,345
Up $55,448 (+90%) from 2023
Liabilities
Up$35,503
Up $6,256 (+21%) from 2023
Net Assets
Up$81,842
Up $49,192 (+151%) from 2023
Revenue
Up$84,146
Up $13,966 (+20%) from 2023
Expenses
Up$34,954
Up $2,984 (+9.3%) from 2023
Net Income
Up$49,192
Up $10,982 (+29%) from 2023
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
The purpose of the foundation is to facilitate the training and support the professional development necessary to promote the limitless opportunities offered by the prepared food and hospitality industry, with the vision of being the educational and professional development promoters for the prepared food and hospitality industry in puerto rico.
| Description | Grants | Expenses |
|---|---|---|
| PROSTART IS A TWO-YEAR CULINARY ARTS AND RESTAURANT MANAGEMENT PROGRAM FOR HIGH SCHOOL STUDENTS THAT IS IN THE PROCESS OF BEING DEVELOPED AND PLANNED TO BE IMPLEMENTED. | - | - |
| APPRENTICESHIP IS A PROGRAM THAT PROVIDES RESTAURANT OWNERS WITH TOOLS TO DEVELOP THEIR EMPLOYEES TO GENERATE A WORKFORCE THAT HAS THE SKILLS, ABILITIES AND CAPABILITIES ALIGNED WITH THE EVOLUTION OF THE COMPANY. THIS PROGRAM IS ALSO IN THE PROCESS OF DEVELOPING AND PLANNING TO BE IMPLEMENTED. | - | - |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| GERMAN G LEBRON SAGARDIA | Executive Di | PT | $6,000 | - | $6,000 |
| HECTOR A PEREZ | Finance Dire | PT | $0 | - | - |
| JUAN M CIDRE GARCIA | President | PT | $0 | - | - |
| SONIA E NAVARRO GONZALEZ | Vice-Preside | PT | $0 | - | - |
| RAFAEL MENENDEZ FUENTES | Treasurer | PT | $0 | - | - |
| ANA FIGUEROA LORENZO | Secretary | PT | $0 | - | - |
| JEAN PIERRE MUJICA | Director | - | $0 | - | - |
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Golf Tour | $106,700 | $106,700 | $54,198 | $52,502 |
| Fine Dinner Eve | $15,220 | $15,220 | $10,953 | $4,267 |
| Total Events | $121,920 | $121,920 | $65,151 | $56,769 |
“Other income 3,130 total 3,130”
“Expenses 4,137 bank charges 2,669 total 6,806”
“Accounts receivable 5,000 19,790 other loans receivable 5,858 42,336 prepaid expenses and deferred charges 3,009 3,385 total 13,867 65,511”
“Accounts payable and accrued expenses 13,703 9,781 other liabilities 15,544 25,722”
“The purpose of the foundation is to facilitate the training and support the professional development necessary to promote the limitless opportunities offered by the prepared food and hospitality industry, with the vision of being the educational and professional development promoters for the prepared food and hospitality industry in puerto rico.”
“Apprenticeship is a program that provides restaurant owners with tools to develop their employees to generate a workforce that has the skills, abilities and capabilities aligned with the evolution of the company. This program is also in the process of developing and planning to be implemented.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | FUNDACION EDUCATIVA ASORE INC |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 7877839640 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 1498 AVE ROOSEVELT STE 205 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | GUAYNABO |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | PR |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 00968 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 48030 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 51834 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 24144 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 49192 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 28148 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 61897 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 117345 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 121920 |
| IRS990EZ/GrossReceiptsAmt | 0 | 149297 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 103 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 32650 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 81842 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 32650 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 81842 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 6.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 10.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 10.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 10.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 10.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 6.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 6 | 4.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 6000 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | HECTOR A PEREZ |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | JUAN M CIDRE GARCIA |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | SONIA E NAVARRO GONZALEZ |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | RAFAEL MENENDEZ FUENTES |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | ANA FIGUEROA LORENZO |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | GERMAN G LEBRON SAGARDIA |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 6 | JEAN PIERRE MUJICA |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | FINANCE DIRE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | VICE-PRESIDE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | EXECUTIVE DI |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 6 | DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 13867 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 65511 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 6806 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 3130 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | THE PURPOSE OF THE FOUNDATION IS TO FACILITATE THE TRAINING AND SUPPORT THE PROFESSIONAL DEVELOPMENT NECESSARY TO PROMOTE THE LIMITLESS OPPORTUNITIES OFFERED BY THE PREPARED FOOD AND HOSPITALITY INDUSTRY, WITH THE VISION OF BEING THE EDUCATIONAL AND PROFESSIONAL DEVELOPMENT PROMOTERS FOR THE PREPARED FOOD AND HOSPITALITY INDUSTRY IN PUERTO RICO. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | PROSTART IS A TWO-YEAR CULINARY ARTS AND RESTAURANT MANAGEMENT PROGRAM FOR HIGH SCHOOL STUDENTS THAT IS IN THE PROCESS OF BEING DEVELOPED AND PLANNED TO BE IMPLEMENTED. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | APPRENTICESHIP IS A PROGRAM THAT PROVIDES RESTAURANT OWNERS WITH TOOLS TO DEVELOP THEIR EMPLOYEES TO GENERATE A WORKFORCE THAT HAS THE SKILLS, ABILITIES AND CAPABILITIES ALIGNED WITH THE EVOLUTION OF THE COMPANY. THIS PROGRAM IS ALSO IN THE PROCESS OF DEVELOPING AND PLANNING TO BE IMPLEMENTED. |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 65151 |
| IRS990EZ/SpecialEventsNetIncomeLossAmt | 0 | 56769 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 29247 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 35503 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 34954 |
| IRS990EZ/TotalRevenueAmt | 0 | 84146 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/First5Years170Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 24144 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 21750 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 45894 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 254924 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 45894 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 24144 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 21750 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 45894 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 45894 |
| IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt | 0 | 65151 |
| IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm | 0 | GOLF TOUR |
| IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm | 0 | FINE DINNER EVE |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt | 0 | 106700 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt | 0 | 15220 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt | 0 | 121920 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt | 0 | 106700 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt | 0 | 15220 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt | 0 | 121920 |
| IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt | 0 | 56769 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt | 0 | 65151 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt | 0 | 54198 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt | 0 | 10953 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | OTHER INCOME 3,130 TOTAL 3,130 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | EXPENSES 4,137 BANK CHARGES 2,669 TOTAL 6,806 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | ACCOUNTS RECEIVABLE 5,000 19,790 OTHER LOANS RECEIVABLE 5,858 42,336 PREPAID EXPENSES AND DEFERRED CHARGES 3,009 3,385 TOTAL 13,867 65,511 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | ACCOUNTS PAYABLE AND ACCRUED EXPENSES 13,703 9,781 OTHER LIABILITIES 15,544 25,722 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE PURPOSE OF THE FOUNDATION IS TO FACILITATE THE TRAINING AND SUPPORT THE PROFESSIONAL DEVELOPMENT NECESSARY TO PROMOTE THE LIMITLESS OPPORTUNITIES OFFERED BY THE PREPARED FOOD AND HOSPITALITY INDUSTRY, WITH THE VISION OF BEING THE EDUCATIONAL AND PROFESSIONAL DEVELOPMENT PROMOTERS FOR THE PREPARED FOOD AND HOSPITALITY INDUSTRY IN PUERTO RICO. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | APPRENTICESHIP IS A PROGRAM THAT PROVIDES RESTAURANT OWNERS WITH TOOLS TO DEVELOP THEIR EMPLOYEES TO GENERATE A WORKFORCE THAT HAS THE SKILLS, ABILITIES AND CAPABILITIES ALIGNED WITH THE EVOLUTION OF THE COMPANY. THIS PROGRAM IS ALSO IN THE PROCESS OF DEVELOPING AND PLANNING TO BE IMPLEMENTED. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 8 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990-EZ, PART III, LINE 29 |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | HECTOR A PEREZ |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | FINANCE DIRECTOR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 7877839640 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-05-15 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | FUNDACION EDUCATIVA ASORE INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | FUND |
| ReturnHeader/Filer/EIN | 0 | 661006350 |
| ReturnHeader/Filer/PhoneNum | 0 | 7877839640 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 1498 AVE ROOSEVELT |
| ReturnHeader/Filer/USAddress/CityNm | 0 | GUAYNABO |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | PR |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 00968 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | false |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 660703468 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | GALINDEZ LLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | PO BOX 364152 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | SAN JUAN |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | PR |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 009364152 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 7877254545 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-05-13 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | YELITZA NET-FERRER |
| ReturnHeader/ReturnTs | 0 | 2025-05-13T17:18:08-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
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