Overview
What is Academia El Principito Inc?
Academia El Principito Inc is a nonprofit organization situated in Hormigueros, Puerto Rico, with its operational address at Jose A Mullet 3. The primary focus of this organization is providing child day care services for low-income families, enabling their members to work or study without worrying about childcare. To accomplish this mission, the organization employs a team of nine individuals and manages expenses for various necessities, including salaries, utilities, food, materials, insurance, children's activities, maintenance, and more. By offering this essential service, Academia El Principito Inc contributes to the well-being and educational opportunities of families in need.
Is Academia El Principito Inc legitimate?
Academia El Principito Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Academia El Principito Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $261,016
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What is the mission statement of Academia El Principito Inc?
Academia El Principito Inc's mission is centered around providing day care services for families with limited financial resources. This allows these families to focus on their employment or studies without the additional burden of childcare. The organization covers various expenses such as salaries, utilities, food, and maintenance, among others, to ensure the children receive quality care and activities. The mission of Academia El Principito Inc is to contribute positively to the lives of these families by alleviating their childcare concerns.
What is the revenue of Academia El Principito Inc?
Academia El Principito Inc's revenue in 2024 was $380,540.
Who are the executives of Academia El Principito Inc and what are their salaries?
The average compensation at Academia El Principito Inc during 2024 was $26,102. There are 10 employees and 1 volunteer at Academia El Principito Inc.
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Academia El Principito Inc?
Academia El Principito Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Academia El Principito Inc
Academia El Principito Inc is dedicated to providing day care services for low-income families, enabling their parents to work or pursue their studies. The nonprofit organization's mission revolves around offering a nurturing environment where children from these families can be cared for during the day. This allows their parents to focus on their respective tasks, ensuring a better standard of living for the entire family. The expenses associated with Academia El Principito Inc cover various aspects, including salaries, payroll taxes, utilities, food, materials, insurance, children's activities, maintenance, and more. The organization's commitment to supporting low-income families is evident in its day-to-day operations, aiming to contribute positively to their lives.
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Impact
October, 2024
Academia El Principito Inc provides essential child day care services aimed at supporting low-income families, particularly those balancing work and study commitments. By offering affordable child care, the organization enables parents to pursue job opportunities and educational advancement without the constant worry of reliable supervision for their children.
The expenses incurred for salaries, utilities, food, materials, insurance, and maintenance contribute to a safe and nurturing environment where children can thrive. Furthermore, the organization plays a vital role in the community by enhancing family stability and promoting children's development through various activities. By ensuring that children are cared for and engaged while their parents work or attend classes, Academia El Principito Inc fosters an environment of growth, empowerment, and opportunity, making a significant impact on the well-being of families in Hormigueros, Puerto Rico.
This information is meant to be a general summary of Academia El Principito Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Program Service Revenue: $380,540
- Gross Receipts: $380,540
Assets and Liabilities:
- Total Assets: $49,697
- Total Liabilities: $25,118
- Net Assets: $24,579
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
federal funds receive
Revenue
$380,540
Organization Details
Founding Year
1993
Principal Officer
Olga Figueroa
NTEE Category
Code: P33 - Human services
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