Overview
What is Colegio La Monserrate Inc?
Colegio La Monserrate Inc is a nonprofit organization situated in Hormigueros, Puerto Rico. With a workforce of 17 individuals, its primary mission is to provide preschool, elementary, and secondary education to low-income families. The organization's expenses cover various aspects, including rent, salaries, materials, children's activities, food, utilities, and benefits for the families it serves. Beyond education, Colegio La Monserrate Inc also ensures the well-being of its students by offering a range of essential services.
Is Colegio La Monserrate Inc legitimate?
Colegio La Monserrate Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Colegio La Monserrate 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: $196,020
For more financial information, click here
What is the mission statement of Colegio La Monserrate Inc?
Colegio La Monserrate Inc's mission is centered around providing preschool, elementary, and secondary education to families who are economically disadvantaged. The organization's activities are primarily focused on this educational mission. The resources allocated to Colegio La Monserrate Inc are primarily used for operational expenses such as rent, salaries, materials, children's activities, food, and utilities. Additionally, the organization extends benefits to the families associated with the corporation. In essence, Colegio La Monserrate Inc is committed to providing quality education to underprivileged families, ensuring they have access to essential educational resources.
Who is the CEO of Colegio La Monserrate Inc?
Mildred Ortiz is the President of Colegio La Monserrate Inc.
What is the revenue of Colegio La Monserrate Inc?
Colegio La Monserrate Inc's revenue in 2022 was $927,200.
Who are the executives of Colegio La Monserrate Inc and what are their salaries?
The average compensation at Colegio La Monserrate Inc during 2022 was $11,531. There are 17 employees and 2 volunteers at Colegio La Monserrate 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 Colegio La Monserrate Inc?
Colegio La Monserrate Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Colegio La Monserrate Inc
Colegio La Monserrate Inc is dedicated to providing preschool, elementary, and secondary education to families who fall within the low-income bracket. The organization's mission is centered around this goal, aiming to ensure that quality education is accessible to such families. The operation of the corporation involves various expenses such as rent, salaries, materials, children's activities, food, and utilities. Moreover, the benefits extended to the families go beyond the educational aspect, as the organization also takes care of their necessities, ensuring they have a well-rounded lifestyle.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Colegio La Monserrate Inc significantly impacts the community by providing essential educational services to low-income families in Hormigueros, PR. By offering preschool, elementary, and secondary education, the institution plays a vital role in improving access to quality education for children who might otherwise face barriers due to economic constraints.
The organization addresses various needs, including educational materials, nutritious food, and extracurricular activities, thereby enhancing the overall development of its students. This holistic approach fosters a supportive learning environment that not only nurtures academic growth but also promotes social and emotional well-being.
Moreover, by creating jobs and supporting local staff, Colegio La Monserrate Inc contributes to the local economy, while its programs help families break the cycle of poverty through education. This commitment to empowering the next generation equips students with the skills and opportunities necessary to succeed in life, making a lasting impact on the community and beyond.
This information is meant to be a general summary of Colegio La Monserrate 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: $927,200
- Gross Receipts: $927,200
Assets and Liabilities:
- Total Assets: $685,593
- Total Liabilities: $75,135
- Net Assets: $610,458
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Goverment Grants
Revenue
$809,878
Parents Income
Revenue
$117,322
Organization Details
Founding Year
1993
Phone
(787) 849-1355Principal Officer
Mildred Ortiz
Main Address
Box 1314, Hormigueros, PR, 00667
NTEE Category
Code: B20 - Education
If you are a representative of Colegio La Monserrate Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.