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American College Of Puerto Rico Inc

American University Of Puerto Rico

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Educational Institutions and Related Activities / Undergraduate College (4-year) (NTEE)

Donations to this organization are tax deductible.

Details

According to its June 2023 tax filing, this nonprofit:

Operated a school
Organization is a school. Details are reported on Schedule E.
Reported conflict of interest transactions
Organizations must report loans, grants or business transactions with interested parties, which may include key employees and officers, their family members and any businesses in which they hold a controlling interest. These transactions must be reported on Schedule L.

Summary charts: organization finances over time

Revenue
$6.31M (2023)

Expenses
$8.85M (2023)

Total Assets
$12.5M (2023)

Total Liabilities
$6.43M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings and Audits by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Audits are required to be submitted by nonprofit organizations that spend $750,000 or more in federal grant money in a fiscal year. "Single audits" look at the entire organization's finances and compliance, while other audits are program specific. Nonprofit Explorer has PDFs of audits for some nonprofits for fiscal year 2015 and later. Audit data is from the Federal Audit Clearinghouse.

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,307,467
Expenses
$8,854,580
Net Income
-$2,547,113
Net Assets
$6,053,732
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,690,522
26.8%
Program Services $4,616,945
73.2%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $12,479,504
Total Liabilities $6,425,772
Net Assets $6,053,732
Other
Operated a school
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Juan C Nazario (President) $100,625 $0 $0
Ivelisse Cabiya Burgos (President Board Of Director) $0 $0 $0
Vicente P Colon Comas (Member) $0 $0 $0
Francisco Narvaez Morales (Member) $0 $0 $0
Ramon Armaiz Serrano (Secretary Board) $0 $0 $0
Edwin Ramos Jourdan (Member) $0 $0 $0
Ramon Rivas Morales (Member) $0 $0 $0
Maria O Marrero Soto (Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$11,739,178
Expenses
$8,916,477
Net Income
$2,822,701
Net Assets
$8,600,845
Notable Sources of Revenue Percent of Total Revenue
Contributions $6,728,591
57.3%
Program Services $4,195,719
35.7%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $2,063
0.0%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $812,805
6.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $98,100
1.1%
Professional Fundraising Fees $0
Other Salaries and Wages $3,376,889
37.9%
Assets/Debt
Total Assets $14,347,128
Total Liabilities $5,746,283
Net Assets $8,600,845
Other
Operated a school
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Juan C Nazario (President) $96,800 $0 $0
Ivelisse Cabiya Burgos (President Bo) $200 $0 $0
Vicente P Colon Comas (Member) $200 $0 $0
Francisco Narvaez Morales (Member) $200 $0 $0
Jose M Rosado Sanchez (Vice Preside) $200 $0 $0
Ramon Armaiz Serrano (Secretary Bo) $200 $0 $0
Edwin Ramos Jourdan (Member) $100 $0 $0
Ramon Rivas Morales (Member) $100 $0 $0
Maria O Marrero Soto (Member) $100 $0 $0
German Laureano Ortega (Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$8,966,042
Expenses
$8,565,690
Net Income
$400,352
Net Assets
$5,778,144
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,385,980
37.8%
Program Services $4,743,911
52.9%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $3,954
0.0%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $832,197
9.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $98,900
1.2%
Professional Fundraising Fees $0
Other Salaries and Wages $3,182,028
37.1%
Assets/Debt
Total Assets $12,696,974
Total Liabilities $6,918,830
Net Assets $5,778,144
Other
Operated a school
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Juan C Nazario (President) $97,000 $0 $0
Ramon Armaiz Serrano (Secretary Bo) $400 $0 $0
Ivelisse Cabiya Burgos (Member) $300 $0 $0
Edwin Ramos Jourdan (Member) $300 $0 $0
Jose M Rosado Sanchez (Vice Preside) $300 $0 $0
Maria O Marrero Soto (President Bo) $300 $0 $0
Ramon Rivas Morales (Member) $200 $0 $0
Francisco Narvaez Morales (Member) $100 $0 $0
Vicente P Colon Comas (Member) $0 $0 $0
German Laureano Ortega (Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$8,039,811
Expenses
$8,445,167
Net Income
-$405,356
Net Assets
$5,377,792
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,404,561
29.9%
Program Services $5,520,543
68.7%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $13,324
0.2%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $101,383
1.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $97,400
1.2%
Professional Fundraising Fees $0
Other Salaries and Wages $3,488,127
41.3%
Assets/Debt
Total Assets $12,211,613
Total Liabilities $6,833,821
Net Assets $5,377,792
Other
Operated a school
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Juan C Nazario (President) $96,700 $0 $0
Ivelisse Cabiya Burgos (Member) $100 $0 $0
Edwin Ramos Jourdan (Member) $100 $0 $0
Francisco Narvaez Morales (Member) $100 $0 $0
Ramon Rivas Morales (Member) $100 $0 $0
German Laureano Ortega (Member) $100 $0 $0
Ramon Armaiz Serrano (Secretary Bo) $100 $0 $0
Maria O Marrero Soto (President Bo) $100 $0 $0
Jose M Rosado Sanchez (Vice Preside) $0 $0 $0

Document Links

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$11,355,947
Expenses
$11,205,282
Net Income
$150,665
Net Assets
$5,783,148
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,679,877
32.4%
Program Services $6,395,949
56.3%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $24,734
0.2%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,255,387
11.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $55,439
0.5%
Professional Fundraising Fees $0
Other Salaries and Wages $4,966,400
44.3%
Assets/Debt
Total Assets $12,271,978
Total Liabilities $6,488,830
Net Assets $5,783,148
Other
Operated a school
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Juan C Nazario (President) $53,139 $0 $0
Jose M Rosado Sanchez (Vice Preside) $300 $0 $0
Ramon Armaiz Serrano (Secretary Bo) $300 $0 $0
Ivelisse Cabiya Burgos (Member) $300 $0 $0
German Laureano Ortega (Member) $300 $0 $0
Francisco Narvaez Morales (Member) $300 $0 $0
Ramon Rivas Morales (Member) $300 $0 $0
Edwin Ramos Jourdan (Member) $300 $0 $0
Maria O Marrero Soto (President Bo) $200 $0 $0
Andres Rodriguez Gutierrez (Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,102,811
Expenses
$9,104,317
Net Income
-$1,506
Net Assets
$5,632,483
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,653,688
18.2%
Program Services $6,542,028
71.9%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $3,534
0.0%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $903,561
9.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $9,078
0.1%
Professional Fundraising Fees $0
Other Salaries and Wages $3,780,430
41.5%
Assets/Debt
Total Assets $12,612,653
Total Liabilities $6,980,170
Net Assets $5,632,483
Other
Operated a school
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Juan C Nazario (President) $9,078 $0 $0
Maria O Marrero Soto (President Bo) $0 $0 $0
Jose M Rosado Sanchez (Vice Preside) $0 $0 $0
Ramon Armaiz Serrano (Secretary Bo) $0 $0 $0
Ivelisse Cabiya Burgos (Member) $0 $0 $0
German Laureano Ortega (Member) $0 $0 $0
Francisco Narvaez Morales (Member) $0 $0 $0
Ramon Rivas Morales (Member) $0 $0 $0
Andres Rodriguez Gutierrez (Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,652,090
Expenses
$9,925,874
Net Income
-$273,784
Net Assets
$5,633,989
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,051,805
21.3%
Program Services $7,524,546
78.0%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $27,962
0.3%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $47,777
0.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $9,077
0.1%
Professional Fundraising Fees $0
Other Salaries and Wages $4,240,585
42.7%
Assets/Debt
Total Assets $10,895,848
Total Liabilities $5,261,859
Net Assets $5,633,989
Other
Operated a school
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Juan C Nazario (President) $9,077 $0 $0
Maria O Marrero Soto (President Bo) $0 $0 $0
Jose M Rosado Sanchez (Vice Preside) $0 $0 $0
Ramon Armaiz Serrano (Secretary Bo) $0 $0 $0
Ivelisse Cabiya Burgos (Member) $0 $0 $0
German Laurano Ortega (Member) $0 $0 $0
Francisco Narvaez Morales (Member) $0 $0 $0
Ramon Rivas Morales (Member) $0 $0 $0
Andres Rodriguez Gutierrez (Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,597,970
Expenses
$10,010,982
Net Income
-$413,012
Net Assets
$5,907,773
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $9,340,139
97.3%
Investment Income $69
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $26,903
0.3%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $230,859
2.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $410,647
4.1%
Professional Fundraising Fees $0
Other Salaries and Wages $2,980,360
29.8%
Assets/Debt
Total Assets $10,496,442
Total Liabilities $4,588,669
Net Assets $5,907,773
Other
Operated a school
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Jose A Ramirez (Academic Vp) $63,604 $0 $0
Magda A Cancel (Vp Adm) $55,000 $0 $7,200
Milagros Rivera Otero (Cum Director) $49,615 $0 $0
Lillian R Belen 2015 (Hr Director) $48,685 $0 $0
Bolivar Ramirez (Dean Of Faculty) $44,238 $0 $0
Jeanette M Aviles (Controller) $43,000 $0 $0
Juan M Rivera (Mis Director) $37,200 $0 $0
Yahaira Melendez (Financ Aid Dire) $36,000 $0 $3,000
Juan C Nazario (President) $9,077 $0 $7,201
Ginette E Oppenheimer 2016 (Hr Director) $6,827 $0 $0

Document Links

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$10,300,335
Expenses
$10,731,333
Net Income
-$430,998
Net Assets
$6,130,475
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $9,476,014
92.0%
Investment Income $1,801
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $35,463
0.3%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $787,057
7.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $380,340
3.5%
Professional Fundraising Fees $0
Other Salaries and Wages $3,152,938
29.4%
Assets/Debt
Total Assets $11,245,549
Total Liabilities $5,115,074
Net Assets $6,130,475
Other
Operated a school
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Magda Cancel Perez (Vp Adm & Financ) $55,000 $0 $7,200
Jose A Ramirez (Chancellor) $52,000 $0 $0
Consuelo Castro (Academic Vp) $50,000 $0 $10,000
Lillian R Belen (Hr Director) $50,000 $0 $0
Milagros Rivera Otero (Cum Director) $50,000 $0 $0
Jeanette M Aviles (Controller) $43,000 $0 $0
Juan M Rivera (Mis Director) $37,200 $0 $0
Yahaira Melendez (Financ Aid Dire) $36,000 $0 $3,000
Juan C Nazario (President) $7,140 $0 $7,201

Document Links

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$11,787,239
Expenses
$12,391,366
Net Income
-$604,127
Net Assets
$6,375,563
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $11,065,161
93.9%
Investment Income $69
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $10,603
0.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $711,406
6.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $376,340
3.0%
Professional Fundraising Fees $0
Other Salaries and Wages $3,950,016
31.9%
Assets/Debt
Total Assets $12,026,183
Total Liabilities $5,650,620
Net Assets $6,375,563
Other
Operated a school
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Magda Cancel Perez (Vp Adm & Financ) $55,000 $0 $7,200
Consuelo Castro (Academic Vp) $50,000 $0 $10,000
Lillian R Belen (Hr Director) $50,000 $0 $0
Milagros Rivera Otero (Cum Director) $50,000 $0 $0
Josephine Resto (Chancellor) $48,000 $0 $0
Jeanette M Aviles (Controller) $43,000 $0 $0
Juan M Rivera (Mis Director) $37,200 $0 $0
Yahaira Melendez (Financ Aid Dire) $36,000 $0 $3,000
Juan C Nazario (President) $7,140 $0 $7,201

Document Links

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$12,555,642
Expenses
$13,223,575
Net Income
-$667,933
Net Assets
$6,813,470
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $11,706,587
93.2%
Investment Income $62
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $848,993
6.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $377,540
2.9%
Professional Fundraising Fees $0
Other Salaries and Wages $4,321,594
32.7%
Assets/Debt
Total Assets $14,224,736
Total Liabilities $7,411,266
Net Assets $6,813,470

Document Links

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$13,082,713
Expenses
$13,561,613
Net Income
-$478,900
Net Assets
$7,280,477
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $12,125,484
92.7%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $957,229
7.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $332,540
2.5%
Professional Fundraising Fees $0
Other Salaries and Wages $4,643,325
34.2%
Assets/Debt
Total Assets $14,983,820
Total Liabilities $7,703,343
Net Assets $7,280,477

Document Links

Fiscal Year Ending June
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$14,232,939
Expenses
$13,937,698
Net Income
$295,241
Net Assets
$7,862,671
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $12,996,331
91.3%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,236,608
8.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $422,000
3.0%
Professional Fundraising Fees $0
Other Salaries and Wages $4,899,606
35.2%
Assets/Debt
Total Assets $16,183,391
Total Liabilities $8,320,720
Net Assets $7,862,671

Document Links

Fiscal Year Ending June
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2001

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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