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Instituto De Competitividad Y Sostenibilidad Economica De Puerto

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: Community Improvement, Capacity Building / Community, Neighborhood Development, Improvement (General) (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$350k (2023)

Expenses
$347k (2023)

Total Assets
$640k (2023)

Total Liabilities
$614k (2023)

Years with missing data
Years with multiple filings
Source: Form 990 tax filings from 2015 to 2023

Tax Filings 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.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$349,530
Expenses
$347,459
Net Income
$2,071
Net Assets
$26,020
Notable Sources of Revenue Percent of Total Revenue
Contributions $280,177
80.2%
Program Services $0
Investment Income $6,278
1.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $63,075
18.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $57,813
16.6%
Assets/Debt
Total Assets $640,001
Total Liabilities $613,981
Net Assets $26,020
Compensation
Key Employees and Officers Compensation Related Other
Ramon A Sanche (President) $0 $0 $0
Jose Fernandez (Director) $0 $0 $0
Juan A Larrea (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$170,626
Expenses
$175,397
Net Income
-$4,771
Net Assets
$23,950
Notable Sources of Revenue Percent of Total Revenue
Contributions $140,000
82.1%
Program Services $0
Investment Income $538
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $30,088
17.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $49,165
28.0%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $228,944
Total Liabilities $204,994
Net Assets $23,950
Compensation
Key Employees and Officers Compensation Related Other
Ramon A Sanche (Executive Dire) $0 $0 $0
Jose E Rossi (President) $0 $0 $0
Waleska Rivera (Treasurer) $0 $0 $0
Juan A Larrea (Director) $0 $0 $0
Jose E Fernand (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$307,871
Expenses
$217,714
Net Income
$90,157
Net Assets
$28,721
Notable Sources of Revenue Percent of Total Revenue
Contributions $239,000
77.6%
Program Services $0
Investment Income $85
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $68,786
22.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $5,000
2.3%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $298,433
Total Liabilities $269,712
Net Assets $28,721
Compensation
Key Employees and Officers Compensation Related Other
Ramon A Sanche (Executive Dire) $0 $0 $0
Jose E Rosi (President) $0 $0 $0
Waleska Rivera (Treasurer) $0 $0 $0
Juan A Larrea (Director) $0 $0 $0
Jose E Fernand (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$103,662
Expenses
$158,858
Net Income
-$55,196
Net Assets
-$61,436
Notable Sources of Revenue Percent of Total Revenue
Contributions $80,000
77.2%
Program Services $0
Investment Income $22
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $23,640
22.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $42,166
26.5%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,298
Total Liabilities $63,734
Net Assets -$61,436
Compensation
Key Employees and Officers Compensation Related Other
Tomas J Torres (Executive Dire) $42,166 $0 $0
Jose E Rossi (President) $0 $0 $0
Waleska Rivera (Treasurer) $0 $0 $0
Juan A Larrea (Director) $0 $0 $0
Jose R Fernand (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2020

No Extracted Financial Data

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

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
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$198,020
Expenses
$280,399
Net Income
-$82,379
Net Assets
$43,726
Notable Sources of Revenue Percent of Total Revenue
Contributions $173,100
87.4%
Program Services $0
Investment Income $198
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $24,722
12.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $119,922
42.8%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $54,597
Total Liabilities $10,871
Net Assets $43,726

Document Links

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$376,508
Expenses
$296,967
Net Income
$79,541
Net Assets
$126,105
Notable Sources of Revenue Percent of Total Revenue
Contributions $345,500
91.8%
Program Services $0
Investment Income $201
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $30,807
8.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $118,000
39.7%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $126,105
Total Liabilities $0
Net Assets $126,105

Document Links

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$366,596
Expenses
$351,074
Net Income
$15,522
Net Assets
$46,564
Notable Sources of Revenue Percent of Total Revenue
Contributions $165,116
45.0%
Program Services $0
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 $201,480
55.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $92,273
Total Liabilities $45,709
Net Assets $46,564

Document Links

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$219,739
Expenses
$188,697
Net Income
$31,042
Net Assets
$31,042
Notable Sources of Revenue Percent of Total Revenue
Contributions $100,000
45.5%
Program Services $0
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 $119,739
54.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $77,893
Total Liabilities $46,851
Net Assets $31,042

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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