Overview
What is Regalos De Amor Inc?
Regalos De Amor Inc is a nonprofit organization situated in Hormigueros, Puerto Rico. Their primary focus is providing day care services for infants, catering to families of low income, as supported by the Department of Families. Their mission is to facilitate employment and educational opportunities for these families by offering reliable child care solutions. The organization's operations encompass various expenses, including salaries, payroll taxes, rent, utilities, food, materials, and professional services, with a total employee count of eight.
Is Regalos De Amor Inc legitimate?
Regalos De Amor Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Regalos De Amor 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: $162,812
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What is the mission statement of Regalos De Amor Inc?
Regalos De Amor Inc, a day care center, serves as a resource for families of low income. Its primary mission is to provide child care services, enabling these families to pursue employment or further their education. The center caters to infants and covers various expenses such as salaries, payroll taxes, rent, utilities, food, and professional services. The objective is to offer a safe and nurturing environment for the children, thereby allowing their parents to focus on their work or studies.
Who is the CEO of Regalos De Amor Inc?
Milagros Bono is the President of Regalos De Amor Inc.
What is the revenue of Regalos De Amor Inc?
Regalos De Amor Inc's revenue in 2022 was $282,195.
Who are the executives of Regalos De Amor Inc and what are their salaries?
The average compensation at Regalos De Amor Inc during 2022 was $20,352. There are 8 employees and 1 volunteer at Regalos De Amor Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Regalos De Amor Inc?
Regalos De Amor Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Regalos De Amor Inc
Regalos De Amor Inc, a nonprofit organization, is dedicated to providing day care services for infants from families of low income, as supported by the Department of Families. Its primary mission is to facilitate this by offering child care, enabling these families to pursue employment or further education. The expenses covered by Regalos De Amor Inc include salaries, payroll taxes, rent, utilities, food, materials, and professional services, ensuring the center operates smoothly and safely. The ultimate goal of Regalos De Amor Inc is to support these families in their personal and professional growth, providing a secure environment for their infants while they focus on improving their lives.
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Impact
October, 2024
Regalos De Amor Inc provides essential day care services for infants, specifically catering to low-income families in Hormigueros, Puerto Rico. By offering a safe and nurturing environment, the organization enables parents to pursue work or educational opportunities without the stress of childcare concerns. The center's comprehensive support addresses key needs, such as subsidizing costs related to salaries, utilities, food, and professional services, ensuring that quality care is accessible to those who might otherwise struggle to find it.
The impact of Regalos De Amor Inc extends beyond mere childcare; it fosters economic stability for families and promotes the well-being of children during their formative years. By supporting parents in their pursuit of employment and education, the organization plays a crucial role in breaking the cycle of poverty and empowering families to build a better future. Additionally, the positive social environment cultivated within the center helps children develop important social skills and prepares them for future educational success.
This information is meant to be a general summary of Regalos De Amor 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 2022.
- Program Service Revenue: $237,970
- Gross Receipts: $282,195
Assets and Liabilities:
- Total Assets: $64,985
- Total Liabilities: $17,265
- Net Assets: $47,720
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
federal grants
Revenue
$237,846
Private income from parents
Revenue
$124
Organization Details
Founding Year
2001
Phone
(787) 849-1233Principal Officer
Milagros Bono
Main Address
Box 399, Hormigueros, PR, 00660
NTEE Category
Code: P33 - Human services
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