Civic Intelligence

Promise for Puerto Rico Inc

EIN 82-3092843 • 501(c)3 • Brooklyn, NY

Profile

Supporting victims of hurricane in puerto rico.

310 Clinton StBrooklyn, NY 11201
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 2018

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

8th percentile

-136%

Higher net margin than 8% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2018

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 2018

Asset Growth

10th percentile

-100%

Faster asset growth than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

24th percentile

-36%

Faster revenue growth than 24% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Down

$0

Down $42,987 (-100%) from 2017

Liabilities

Flat

$0

Flat from 2017

Net Assets

Down

$0

Down $42,987 (-100%) from 2017

Revenue

Down

$31,718

Down $18,009 (-36%) from 2017

Expenses

Up

$74,705

Up $67,965 (+1008%) from 2017

Net Income

Down

-$42,987

Down $85,974 (-200%) from 2017

Trend Graphs

Balance Sheet Trend

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

$60K$40K$20K$0Assets 2017: $42,987Liabilities 2017: $0Net Assets 2017: $42,9872017Assets 2018: $0Liabilities 2018: $0Net Assets 2018: $02018

Highlighted filing

2018

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

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

$100K$50K$0-$50KRevenue 2017: $49,727Expenses 2017: $6,740Net Income 2017: $42,9872017Revenue 2018: $31,718Expenses 2018: $74,705Net Income 2018: -$42,9872018

Highlighted filing

2018

Revenue$31,718
Expenses$74,705
Net Income-$42,987

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Oct 31, 2019
Return Version
2018v3.1
Gross Receipts
$31,718
Mission and Program Overview

Mission

Supporting victims of hurricane in puerto rico.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$42,987$0▼ $42,987
Rtn Earn Endowment Incm Other Fnds$42,987$0▼ $42,987
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$42,987$0▼ $42,987
Other Assets Total-$0-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$42,987$0▼ $42,987
Total Liabilities and Net Assets / Fund Balance$42,987$0▼ $42,987
Compensation and Service Providers

Board Members and Trustees

NameTitle
Edward J Antonio IiiPresident/director
Elizete De Los Angeles Perez GroeneDirector
Maysa P AntonioTreasurer / Directo
Revenue and Support

Revenue Composition

Contributions and Grants
$31,718
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$31,718
Change in Net Assets
$-42,987
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$74,510
Other Expenses$195
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$74,510--$74,510
Other Expenses$50--$50
Total Functional Expenses$74,705$0$0$74,705
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

All officers and directors reviewed and approved the filing of the organization's 990.

Form 990, Part VI, Section C, Line 18

The organization makes it records avaiable upon request.

Form 990, Part VI, Section C, Line 19

The organization makes it records avaiable upon request.

Filing and Contact Details

Filer

Filer Name
Promise for Puerto Rico Inc
EIN
82-3092843
Phone
9178254010
Address
310 CLINTON ST, BROOKLYN, NY 11201

Signing Officer

Name
Edward J Antonio
Title
President
Phone
9178254010
Signed
2019-10-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Edward J Antonio Iii
Formed
2018
Legal Domicile
Ny
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
0

Preparer

Firm
Rogovin & Sperber Pc
Address
360 LEXINGTON AVENUE, NEW YORK, NY 10017
Preparer
John M Towers Ea
Phone
2126864300
Raw XML Appendix306 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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