Skip to content
ProPublica Donate
ProPublica Donate

Atlantic University Inc

  • Guaynabo, PR
  • Tax-exempt since Nov. 2018
  • EIN: 66-0404491

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 / University or Technological Institute (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
$15.5M (2023)

Expenses
$13.4M (2023)

Total Assets
$26.4M (2023)

Total Liabilities
$4.32M (2023)

Source: Form 990 tax filings from 2009 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
$15,494,181
Expenses
$13,379,554
Net Income
$2,114,627
Net Assets
$22,055,255
Notable Sources of Revenue Percent of Total Revenue
Contributions $5,351,318
34.5%
Program Services $9,811,103
63.3%
Investment Income $19,354
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $312,406
2.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $294,217
2.2%
Professional Fundraising Fees $0
Other Salaries and Wages $3,540,992
26.5%
Assets/Debt
Total Assets $26,372,374
Total Liabilities $4,317,119
Net Assets $22,055,255
Other
Operated a school
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Heriberto Martinez De Dios (Former) $186,967 $0 $0
Teresa De Dios Unanue (Former) $177,062 $0 $0
Heriberto Martinez Abreu (Former) $137,215 $0 $0
Frances Grau Cesani (Former) $123,762 $0 $0
Ramon C Barquin Torres (President Of) $0 $0 $188,775
Jaime Santiago Roman (Au Interine) $0 $0 $55,461
Luis B Gonzalez Rodriguez (Treasurer) $0 $0 $200
Juan C Ramirez De Arellano (Second Vicep) $0 $0 $100
Ofelia Garcia Barcena (Secretary) $0 $0 $0
Eugenia I Orsini Herencia (Trustee) $0 $0 $0
Jose M Gomez Leon (Trustee) $0 $0 $0
+ View more people

Document Links

990
Filed on May 15, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML
Audits

Audit for a nonprofit that spends $750,000+ in federal grant money in a fiscal year

PDF

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$15,587,592
Expenses
$12,697,384
Net Income
$2,890,208
Net Assets
$20,242,856
Notable Sources of Revenue Percent of Total Revenue
Contributions $6,085,974
39.0%
Program Services $9,397,449
60.3%
Investment Income $11,135
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $93,034
0.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $424,029
3.3%
Professional Fundraising Fees $0
Other Salaries and Wages $4,027,153
31.7%
Assets/Debt
Total Assets $23,062,083
Total Liabilities $2,819,227
Net Assets $20,242,856
Other
Operated a school
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Heriberto M Martinez (Vice Preside) $186,967 $0 $22,596
Teresa De Dios (President) $177,062 $0 $18,143
Heriberto J Martinez Abreu (Dean Of Admi) $137,215 $0 $0
Frances Grau (Dean Of Scie) $123,762 $0 $0
Ramon Barquin Torres (Trustee) $0 $0 $60,300
Luis B Gonzalez (Treasurer) $0 $0 $300
Carlos Hamil (Trustee) $0 $0 $300
Rafael Portela (Trustee) $0 $0 $300
Juan Carlos Ramirez De Are (Trustee) $0 $0 $200
Ofelia Garcia Barcena (Secretary) $0 $0 $200
Ramon C Barquin Cantero (Trustee) $0 $0 $200
Eduardo Emmanuelli (Trustee) $0 $0 $200
Eugenia Orsini (Trustee) $0 $0 $200
Jose Gomez (Trustee) $0 $0 $0
+ View more people

Document Links

990
Filed on May 16, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML
Audits

Audit for a nonprofit that spends $750,000+ in federal grant money in a fiscal year

PDF

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$13,709,191
Expenses
$10,631,465
Net Income
$3,077,726
Net Assets
$17,352,648
Notable Sources of Revenue Percent of Total Revenue
Contributions $4,239,288
30.9%
Program Services $9,440,843
68.9%
Investment Income $7,939
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $21,121
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $324,284
3.1%
Professional Fundraising Fees $0
Other Salaries and Wages $4,045,116
38.0%
Assets/Debt
Total Assets $21,641,683
Total Liabilities $4,289,035
Net Assets $17,352,648
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Teresa De Dios (President) $262,284 $0 $0
Heriberto M Martinez (Vice President) $226,200 $0 $0
Heriberto J Martinez (Dean Of Adm) $197,200 $0 $0
Frances Grau (Dean Of Science) $183,300 $0 $0
Ramon C Barquin Torres (Trustee) $0 $0 $60,300
Carlos Hamill (Trustee) $0 $0 $300
Eduardo Emanuelli (Trustee) $0 $0 $300
Juan Carlos Ramirez De Are (Trustee) $0 $0 $300
Luis B Gonzalez (Trustee) $0 $0 $100
William Roig (Trustee) $0 $0 $100
Eugenia Orsini (Trustee) $0 $0 $0
Ramon C Barquin Cantero (Trustee) $0 $0 $0
Ofelia Garcia Barcena (Trustee) $0 $0 $0
Rafael Portela (Trustee) $0 $0 $0
+ View more people

Document Links

990
Filed on May 12, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML
Audits

Audit for a nonprofit that spends $750,000+ in federal grant money in a fiscal year

PDF

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$11,381,821
Expenses
$10,176,705
Net Income
$1,205,116
Net Assets
$14,274,922
Notable Sources of Revenue Percent of Total Revenue
Contributions $942,060
8.3%
Program Services $10,340,775
90.9%
Investment Income $9,771
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $89,215
0.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $541,484
5.3%
Professional Fundraising Fees $0
Other Salaries and Wages $3,793,041
37.3%
Assets/Debt
Total Assets $18,196,754
Total Liabilities $3,921,832
Net Assets $14,274,922
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Teresa De Dios (President) $262,284 $0 $0
Heriberto M Martinez (Vice President) $217,200 $0 $0
Heriberto J Martinez (Dean Of Adm) $197,200 $0 $0
Frances Grau (Dean Of Science) $183,300 $0 $0
Ramon C Barquin Torres (Trustee) $0 $0 $60,300
Carlos Hamill (Trustee) $0 $0 $300
Eduardo Emanuelli (Trustee) $0 $0 $300
Juan Carlos Ramirez De Are (Trustee) $0 $0 $300
Luis B Gonzalez (Trustee) $0 $0 $200
William Roig (Trustee) $0 $0 $200
Eugenia Orsini (Trustee) $0 $0 $0
Ramon C Barquin Cantero (Trustee) $0 $0 $0
Ofelia Garcia Barcena (Trustee) $0 $0 $0
Rafael Portela (Trustee) $0 $0 $0
+ View more people

Document Links

990
Filed on April 22, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML
Audits

Audit for a nonprofit that spends $750,000+ in federal grant money in a fiscal year

PDF

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$10,271,367
Expenses
$9,997,400
Net Income
$273,967
Net Assets
$13,069,806
Notable Sources of Revenue Percent of Total Revenue
Contributions $104,752
1.0%
Program Services $9,948,183
96.9%
Investment Income $6,056
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $212,376
2.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $559,984
5.6%
Professional Fundraising Fees $0
Other Salaries and Wages $3,365,999
33.7%
Assets/Debt
Total Assets $16,165,944
Total Liabilities $3,096,138
Net Assets $13,069,806
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Teresa De Dios (President) $262,284 $0 $300
Heriberto M Martinez (Vice President) $235,200 $0 $300
Heriberto J Martinez (Dean Of Adm) $192,200 $0 $0
Frances Grau (Dean Of Science) $162,500 $0 $0
Eugenia Orsini (Trustee) $0 $0 $0
Ramon C Barquin Cantero (Trustee) $0 $0 $300
Ramon C Barquin Torres (Trustee) $0 $0 $60,300
Luis B Gonzalez (Trustee) $0 $0 $300
Ofelia Garcia Barcena (Trustee) $0 $0 $0
Rafael Portela (Trustee) $0 $0 $0
Carlos Hamill (Trustee) $0 $0 $200
William Roig (Trustee) $0 $0 $300
Eduardo Emanuelli (Trustee) $0 $0 $200
Juan Carlos Ramirez De Are (Trustee) $0 $0 $300
+ View more people

Document Links

990
Filed on Feb. 7, 2020

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML
Audits

Audit for a nonprofit that spends $750,000+ in federal grant money in a fiscal year

PDF

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,629,968
Expenses
$9,357,674
Net Income
$272,294
Net Assets
$12,795,839
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $9,086,594
94.4%
Investment Income $6,343
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $537,031
5.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $559,684
6.0%
Professional Fundraising Fees $0
Other Salaries and Wages $3,359,300
35.9%
Assets/Debt
Total Assets $16,086,005
Total Liabilities $3,290,166
Net Assets $12,795,839

Document Links

Audits

Audit for a nonprofit that spends $750,000+ in federal grant money in a fiscal year

PDF

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,447,309
Expenses
$9,260,376
Net Income
$186,933
Net Assets
$12,523,545
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $9,305,028
98.5%
Investment Income $6,902
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $135,379
1.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $3,107,310
33.6%
Assets/Debt
Total Assets $15,778,934
Total Liabilities $3,255,389
Net Assets $12,523,545

Document Links

Audits

Audit for a nonprofit that spends $750,000+ in federal grant money in a fiscal year

PDF

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,349,153
Expenses
$8,894,324
Net Income
$454,829
Net Assets
$12,336,612
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $9,190,505
98.3%
Investment Income $6,490
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $152,158
1.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $495,252
5.6%
Professional Fundraising Fees $0
Other Salaries and Wages $3,039,805
34.2%
Assets/Debt
Total Assets $15,688,975
Total Liabilities $3,352,363
Net Assets $12,336,612

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF
Audits

Audit for a nonprofit that spends $750,000+ in federal grant money in a fiscal year

PDF

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,026,235
Expenses
$8,835,758
Net Income
$190,477
Net Assets
$11,881,783
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $8,907,125
98.7%
Investment Income $4,804
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $114,306
1.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $465,000
5.3%
Professional Fundraising Fees $0
Other Salaries and Wages $2,897,694
32.8%
Assets/Debt
Total Assets $15,416,348
Total Liabilities $3,534,565
Net Assets $11,881,783

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,002,892
Expenses
$8,784,643
Net Income
$218,249
Net Assets
$11,691,306
Notable Sources of Revenue Percent of Total Revenue
Contributions $339,266
3.8%
Program Services $8,617,739
95.7%
Investment Income $3,573
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $42,314
0.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $463,000
5.3%
Professional Fundraising Fees $0
Other Salaries and Wages $2,713,903
30.9%
Assets/Debt
Total Assets $15,317,845
Total Liabilities $3,626,539
Net Assets $11,691,306

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$8,240,500
Expenses
$8,491,851
Net Income
-$251,351
Net Assets
$11,473,057
Notable Sources of Revenue Percent of Total Revenue
Contributions $248,271
3.0%
Program Services $7,930,702
96.2%
Investment Income $5,402
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $56,125
0.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $463,000
5.5%
Professional Fundraising Fees $0
Other Salaries and Wages $2,670,461
31.4%
Assets/Debt
Total Assets $14,257,538
Total Liabilities $2,784,481
Net Assets $11,473,057

No Document Links

The IRS has provided extracted financial data for this filing, but has not yet released the source documents.

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$8,884,769
Expenses
$8,309,478
Net Income
$575,291
Net Assets
$12,105,821
Notable Sources of Revenue Percent of Total Revenue
Contributions $304,643
3.4%
Program Services $8,539,800
96.1%
Investment Income $9,131
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $31,195
0.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $403,000
4.8%
Professional Fundraising Fees $0
Other Salaries and Wages $2,497,995
30.1%
Assets/Debt
Total Assets $14,817,219
Total Liabilities $2,711,398
Net Assets $12,105,821

No Document Links

The IRS has provided extracted financial data for this filing, but has not yet released the source documents.

Fiscal Year Ending June
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$8,596,972
Expenses
$7,183,394
Net Income
$1,413,578
Net Assets
$11,642,564
Notable Sources of Revenue Percent of Total Revenue
Contributions $274,654
3.2%
Program Services $8,228,181
95.7%
Investment Income $15,781
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $78,356
0.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $367,800
5.1%
Professional Fundraising Fees $0
Other Salaries and Wages $2,082,594
29.0%
Assets/Debt
Total Assets $13,522,894
Total Liabilities $1,880,330
Net Assets $11,642,564

No Document Links

The IRS has provided extracted financial data for this filing, but has not yet released the source documents.

Fiscal Year Ending June
2010

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$8,280,186
Expenses
$6,441,458
Net Income
$1,838,728
Net Assets
$10,228,986
Notable Sources of Revenue Percent of Total Revenue
Contributions $352,113
4.3%
Program Services $7,865,965
95.0%
Investment Income $11,308
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $50,800
0.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $302,200
4.7%
Professional Fundraising Fees $0
Other Salaries and Wages $1,986,568
30.8%
Assets/Debt
Total Assets $12,000,113
Total Liabilities $1,771,127
Net Assets $10,228,986

No Document Links

The IRS has provided extracted financial data for this filing, but has not yet released the source documents.

Fiscal Year Ending June
2009

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,016,958
Expenses
$5,827,300
Net Income
$1,189,658
Net Assets
$8,390,259
Notable Sources of Revenue Percent of Total Revenue
Contributions $206,503
2.9%
Program Services $6,689,594
95.3%
Investment Income $10,241
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $110,620
1.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $287,850
4.9%
Professional Fundraising Fees $0
Other Salaries and Wages $1,947,043
33.4%
Assets/Debt
Total Assets $10,154,153
Total Liabilities $1,763,894
Net Assets $8,390,259

No Document Links

The IRS has provided extracted financial data for this filing, but has not yet released the source documents.

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.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

Byline

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated