Liabilities / Assets
63rd percentile
Higher debt load relative to assets than 63% of similar nonprofits.
Finsocial Foundation Corp
EIN 83-4561560 • 501(c)3 • Coral Gables, FL
Profile
To improve the quality of life of children and young development by providing tools and education that allow their empowerment and economic development
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.00x
Liabilities / Revenue
67th percentile
Higher debt load relative to revenue than 67% of similar nonprofits.
Net Margin
17th percentile
Higher net margin than 17% of similar nonprofits.
Top Officer Pay
81st percentile
Higher top officer pay than 81% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
34th percentile
Faster asset growth than 34% of similar nonprofits.
Revenue Growth
26th percentile
Faster revenue growth than 26% of similar nonprofits.
Balance Sheet
Assets
Down$196,928
Down $41,928 (-18%) from 2022
Liabilities
Flat$677
Flat from 2022
Net Assets
Down$196,251
Down $41,928 (-18%) from 2022
Revenue
Down$114,144
Down $53,816 (-32%) from 2022
Expenses
Up$156,072
Up $108,600 (+229%) from 2022
Net Income
Down-$41,928
Down $162,416 (-135%) from 2022
Trend Graphs
Filings
Most recent year
2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $196,928
- Liabilities
- $677
- Net assets
- $196,251
- Revenue
- $114,144
- Expenses
- $156,072
- Net income
- -$41,928
| Balance Sheet | Operations | |||||
|---|---|---|---|---|---|---|
| Year | Assets | Liabilities | Net Assets | Revenue | Expenses | Net Income |
| 2023Detailed filing. Detailed filing data is available for this year. | $1.97 | $0.01 | $1.96 | $1.14 | $1.56 | $0.42 |
| 2022Detailed filing. Detailed filing data is available for this year. | $2.39 | $0.01 | $2.38 | $1.68 | $0.47 | $1.20 |
| 2021Detailed filing. Detailed filing data is available for this year. | $1.18 | $0.00 | $1.18 | $1.19 | $0.01 | $1.18 |
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2023 to Dec 31, 2023
- Signed
- Nov 14, 2024
- Return Version
- 2023v5.1
- Gross Receipts
- $114,144
Mission and Program Overview
Mission
To improve the quality of life of children and young development by providing tools and education that allow their empowerment and economic development
Program Services
| Description | Grants | Expenses |
|---|---|---|
| IMPROVE THE QUALITY OF LIFE OF CHILDREN AND YOUNG DEVELOPMENT BY PROVIDING TOOLS AND EDUCATION THAT ALLOW THEIR EMPOWERMENT AND ECONOMIC DEVELOPMENT. | $0 | $0 |
| IMPROVE THE QUALITY OF LIFE OF CHILDREN AND YOUNG DEVELOPMENT BY PROVIDING TOOLS AND EDUCATION THAT ALLOW THEIR EMPOWERMENT AND ECONOMIC DEVELOPMENT. | $0 | $0 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| MARIA CLAUDIA GARCIA | President | PT | $0 | - | - |
| RAUL SANTIAGO BOTERO | Vicepresident | PT | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Finsocial Foundation Corp
- EIN
- 83-4561560
- Phone
- 3054448333
- Address
- PO BOX 14-0970, CORAL GABLES, FL 33134
Signing Officer
- Name
- Maria Garcia Navarro
- Title
- President
- Phone
- 3054448333
- Signed
- 2024-11-14
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Prats Fernandez & Co
- Address
- 999 PONCE DE LEON BLVD 1110, CORAL GABLES, FL 33134
- Preparer
- Ana B Fernandez
- Phone
- 3054448333
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 7 - Sales of Inventory
“Income: gross receipts: 63,169. Returns and allowances: 0. Less cost of goods sold: 0. Gross profit: 63,169.”
Form 990-ez, Part I, Line 16 - Other Expenses
“Description: bank fees. Amount: 1,181. Description: licenses. Amount: 214. Description: interest. Amount: 38,637. Description: legal and professional. Amount: 86,535. Description: property taxes. Amount: 6,223. Description: travel. Amount: 1,082. Description: repairs and maintenance. Amount: 20,444. Description: utilities. Amount: 1,556. Description: donation expenses. Amount: 200. Total to form 990-ez, line 16: 156,072.”
Form 990-ez, Part II, Line 24 - Other Assets
“Description: other investments. Beg. Of year amount: 203,372. End of year amount: 141,419.”
Form 990-ez, Part II, Line 26 - Other Liabilities
“Description: . Beg. Of year amount: 677. End of year amount: 677.”
Raw XML Appendix143 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 |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | PRATS FERNANDEZ & CO PA |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 3054448333 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 999 PONCE DE LEON BLVD SUITE 1110PH |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | CORAL GABLES |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | FL |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 33134 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 35484 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 55509 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 50975 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -41928 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 238856 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 196928 |
| IRS990EZ/GrossProfitLossSlsOfInvntryAmt | 0 | 63169 |
| IRS990EZ/GrossReceiptsAmt | 0 | 114144 |
| IRS990EZ/GrossSalesOfInventoryAmt | 0 | 63169 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 238179 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 196251 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 238179 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 196251 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | MARIA CLAUDIA GARCIA |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | RAUL SANTIAGO BOTERO |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | VICEPRESIDENT |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 203372 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 141419 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 156072 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | TO IMPROVE THE QUALITY OF LIFE OF CHILDREN AND YOUNG DEVELOPMENT BY PROVIDING TOOLS AND EDUCATION THAT ALLOW THEIR EMPOWERMENT AND ECONOMIC DEVELOPMENT |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | IMPROVE THE QUALITY OF LIFE OF CHILDREN AND YOUNG DEVELOPMENT BY PROVIDING TOOLS AND EDUCATION THAT ALLOW THEIR EMPOWERMENT AND ECONOMIC DEVELOPMENT. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | IMPROVE THE QUALITY OF LIFE OF CHILDREN AND YOUNG DEVELOPMENT BY PROVIDING TOOLS AND EDUCATION THAT ALLOW THEIR EMPOWERMENT AND ECONOMIC DEVELOPMENT. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 1 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 1 | 0 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | FL |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 677 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 677 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 156072 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/TotalRevenueAmt | 0 | 114144 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 50975 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 114381 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 118588 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 283944 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00000 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 283944 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 50975 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 114381 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 118588 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 283944 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 50975 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 114381 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 118588 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 283944 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | INCOME: GROSS RECEIPTS: 63,169. RETURNS AND ALLOWANCES: 0. LESS COST OF GOODS SOLD: 0. GROSS PROFIT: 63,169. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: BANK FEES. AMOUNT: 1,181. DESCRIPTION: LICENSES. AMOUNT: 214. DESCRIPTION: INTEREST. AMOUNT: 38,637. DESCRIPTION: LEGAL AND PROFESSIONAL. AMOUNT: 86,535. DESCRIPTION: PROPERTY TAXES. AMOUNT: 6,223. DESCRIPTION: TRAVEL. AMOUNT: 1,082. DESCRIPTION: REPAIRS AND MAINTENANCE. AMOUNT: 20,444. DESCRIPTION: UTILITIES. AMOUNT: 1,556. DESCRIPTION: DONATION EXPENSES. AMOUNT: 200. TOTAL TO FORM 990-EZ, LINE 16: 156,072. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DESCRIPTION: OTHER INVESTMENTS. BEG. OF YEAR AMOUNT: 203,372. END OF YEAR AMOUNT: 141,419. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | DESCRIPTION: . BEG. OF YEAR AMOUNT: 677. END OF YEAR AMOUNT: 677. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 7 - SALES OF INVENTORY |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT. |
| ReturnHeader/BuildTS | 0 | 2024-10-15 13:58:12Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | MARIA GARCIA NAVARRO |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 3054448333 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2024-11-14 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | FINSOCIAL FOUNDATION CORP |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | FINS |
| ReturnHeader/Filer/EIN | 0 | 834561560 |
| ReturnHeader/Filer/PhoneNum | 0 | 3054448333 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | PO BOX 14-0970 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | CORAL GABLES |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | FL |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 33134 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 1 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 650208257 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | PRATS FERNANDEZ & CO |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 999 PONCE DE LEON BLVD 1110 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | CORAL GABLES |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | FL |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 33134 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 3054448333 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2024-11-08 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | ANA B FERNANDEZ |
| ReturnHeader/ReturnTs | 0 | 2024-11-19T13:15:32-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2023-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2023-12-31 |
| ReturnHeader/TaxYr | 0 | 2023 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.