Overview
What is Friends Of Puerto Rico?
Friends of Puerto Rico is a 501(C)(3) nonprofit organization, established in 2015, located in Washington, D.C. Their primary mission is to foster economic growth and development in Puerto Rico by promoting entrepreneurship, education, and opportunities for women and girls. With a passionate community of over 30,000 supporters, they strive to end financial hardship and provide self-sufficiency through initiatives that embrace the island's culture, art, and people. Their work spans beyond Puerto Rico, extending to Washington, D.C., and the United States, utilizing training, education, and mentorship to empower individuals and cultivate future leaders. The organization currently employs 7 individuals.
Official website here: www.friendsofpuertorico.org
Is Friends Of Puerto Rico legitimate?
Friends Of Puerto Rico is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of Puerto Rico 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: $121,305
Professional Fundraising Fees: $0
Other Salaries and Wages: $108,097
For more financial information, click here
Official website here: www.friendsofpuertorico.org
What is the mission statement of Friends Of Puerto Rico?
Friends of Puerto Rico, as a non-profit organization, is dedicated to promoting economic development among the people of Puerto Rico. They achieve this through entrepreneurial initiatives, education, and providing opportunities for women and girls. Since its establishment in 2015, the organization has managed to mobilize a large community of over 30,000 individuals, including global entrepreneurs, donors, and partner organizations. The goal is to drive economic success and innovation in Puerto Rico, cultivating the next generation of leaders and encouraging self-sufficiency. They accomplish this by offering training, education, and mentorship programs that leverage Puerto Rico's culture, art, and people. Their aim is to alleviate financial hardship and provide economic opportunities for people in Puerto Rico, Washington D.C., and across the United States.
Official website here: www.friendsofpuertorico.org
What is the revenue of Friends Of Puerto Rico?
Friends Of Puerto Rico's revenue in 2023 was $754,869.
Official website here: www.friendsofpuertorico.org
Who are the executives of Friends Of Puerto Rico and what are their salaries?
The average compensation at Friends Of Puerto Rico during 2023 was $17,646. There are 13 employees and 4 volunteers at Friends Of Puerto Rico.
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
Official website here: www.friendsofpuertorico.org
Where can I find the form 990 for Friends Of Puerto Rico?
Friends Of Puerto Rico's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.friendsofpuertorico.org
Learn more at the official website: www.friendsofpuertorico.org
Mission Statement of Friends Of Puerto Rico
Friends of Puerto Rico is a non-profit organization, established as a 501(C)(3), dedicated to supporting the economic growth of the people of Puerto Rico. Since its inception in 2015, the organization has rallied a committed community of over 30,000 individuals, including entrepreneurs, donors, and partner organizations. The mission of Friends of Puerto Rico is to foster economic success and innovation, ultimately aiming to alleviate financial hardship and create opportunities for self-sufficiency among the people of Puerto Rico, both on the island and across the United States.
The organization achieves its mission through a variety of initiatives. It provides training, education, and mentorship opportunities for at-risk youth, with the goal of nurturing the next generation of leaders and entrepreneurs in Puerto Rico. Utilizing the rich culture, art, and people of Puerto Rico, Friends of Puerto Rico seeks to cultivate an environment that empowers individuals to develop economic opportunities and break the cycle of financial struggle. Furthermore, the organization supports women and girls, providing them with opportunities to grow both personally and professionally, thereby contributing to the overall economic development of Puerto Rico.
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
Friends Of Puerto Rico has significantly impacted the economic landscape of Puerto Rico since its inception in 2015. By focusing on entrepreneurial initiatives, education, and empowerment, particularly for women and girls, the organization has cultivated a vibrant community of over 30,000 global entrepreneurs, donors, and partner organizations.
Through targeted training, education, and mentorship programs, Friends Of Puerto Rico works with at-risk youth to create opportunities that enable them to become the next generation of leaders and entrepreneurs. By leveraging the rich culture, art, and resilient spirit of the Puerto Rican people, the organization aims to break the cycle of financial hardship and foster self-sufficiency among those they serve.
Their efforts have not only contributed to individual growth but also to the broader economic development of the island, promoting innovation and sustainability in various sectors. Overall, Friends Of Puerto Rico plays a crucial role in advancing economic opportunities, ultimately paving the way for lasting change and prosperity in the community.
This information is meant to be a general summary of Friends Of Puerto Rico. 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 2023.
- Investment Income: $3,943
- Program Service Revenue: $153,254
- Gross Receipts: $754,869
Assets and Liabilities:
- Total Assets: $625,763
- Total Liabilities: $591,736
- Net Assets: $34,027
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.
PROGRAM SERVICES
Revenue
$153,254
Organization Details
Founding Year
2016
Principal Officer
Angelique Sina Officer
Website
www.friendsofpuertorico.orgNTEE Category
Code: A12 - Arts
If you are a representative of Friends Of Puerto Rico 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.