FUNDACION BECHARA INC

EIN: 660752214 501(c)(3) Human Services

SAN JUAN, PR

Total Revenue
$61,160
Total Expenses
$136,010
Total Assets
$113,464
Net Assets
$110,222
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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
PR
Principal Officer
DAPHNE BECHARA
Phone
7875122223
Tax Period
2022-01-01 to 2022-12-31

FUNDACION BECHARA INC, founded in 2010, is a micro nonprofit in the Human Services sector that reported $61K in total revenue in fiscal year 2022. Revenue fell 75% from the prior year — a significant decline worth monitoring. Expenses of $136K exceeded revenue, resulting in a 122% operating deficit.

Mission

FUNDACION BECHARA IS A NON PROFIT CORPORATION ESTABLISHED FOR CHARITABLE AND EDUCATIONAL PURPOSES WITH THE MISSION TO STRENGTHEN PUBLIC HEALTH BY DEVELOPING INITIATIVES THAT EDUCATE AND EMPOWER THE COMMUNITY IN SPECIFIC AREAS OF HEALTH. OUR VISION AIMS THAT OUR PROJECTS/INITIATIVES WILL BE ABLE TO IMPROVE CITIZEN'S QUALITY OF LIFE AND PROVIDE BETTER HEALTHCARE FOR OUR COMMUNITY. THUS, INSPIRING PEOPLE TO MAKE A DIFFERENCE IN THE LIVES OF OTHERS.

Program Service Accomplishments

Program 1
Expenses: $78,447 Revenue: $42,110

BE BRAVE RAISES AWARENESS AND EDUCATES OUR COMMUNITY IN AUTOIMMUNE CONDITIONS/ DISEASES. WE SUPPORT PHYSICIANS' CONTINUING EDUCATION AND BIOMEDICAL RESEARCH STUDIES IN AN EFFORT TO ADVANCED MEDICAL...

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BE BRAVE RAISES AWARENESS AND EDUCATES OUR COMMUNITY IN AUTOIMMUNE CONDITIONS/ DISEASES. WE SUPPORT PHYSICIANS' CONTINUING EDUCATION AND BIOMEDICAL RESEARCH STUDIES IN AN EFFORT TO ADVANCED MEDICAL DISCOVERIES THAT WILL UNRAVEL TRIGGER CAUSES, INNOVATIVE TREATMENTS, AND POSSIBLE CURES FOR THESE CHRONIC CONDITIONS. WE CONDUCTED 2 MEDICAL SEMINARS IN AN EFFORT TO EDUCATE PRIMARY PHYSICIANS AS WELL AS SPECIALISTS IN THE IMPORTANCE OF EARLY DIAGNOSIS, EARLY TREATMENT, AND UPDATED RESEARCH FINDINGS OF AUTOIMMUNE DISORDERS. THROUGH THESE SEMINARS WE EDUCATED OVER 200 PHYSICIANS BRINGING TO THEM THE NECESSARY TOOLS TO PROPERLY CARE FOR PATIENTS IN OUR COMMUNITY. WE ALSO MADE OUR YEARLY CONTRIBUTION TO THE BE BRAVE FUND AT THE BRIGHAM AND WOMEN'S HOSPITAL. THROUGH FUNDACIN BECHARA'S COMMUNITY RESPONSE INITIATIVE, WE ALSO SUPPORTED THE MEDICAL COMMUNITY BATTLING THE COVID-19 PANDEMIC BY DONATING KN95 MASKS TO HOSPITALS AND CLINICS THROUGHOUT THE ISLAND.

Program 2
Expenses: $6,363 Revenue: $19,050

THE QUICO BECHARA PROJECT SEEKS TO HELP EDUCATE, EQUIP AND EMPOWER OUR COMMUNITY TO BE READY TO RESPOND TO SUDDEN CARDIAC ARREST EMERGENCIES AND TO RAISE AWARNESS OF THE IMPORTANCE OF AUTOMATIC...

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THE QUICO BECHARA PROJECT SEEKS TO HELP EDUCATE, EQUIP AND EMPOWER OUR COMMUNITY TO BE READY TO RESPOND TO SUDDEN CARDIAC ARREST EMERGENCIES AND TO RAISE AWARNESS OF THE IMPORTANCE OF AUTOMATIC EXTERNAL DEFIBRILATORS (AED'S) HAVE AS A LINK IN THE CHAIN OF SURVIVAL. THIS IS ACHIEVED BY DONATING AEDS TO NON-PROFIT ORGANIZATIONS, SCHOOLS, GOVERNMENT ENTITIES, AND SPORT COMPLEXES, AS WELL AS ESTABLISHING PUBLIC ACCESS DEFIBRILLATION (PAD) PROGRAMS. FURTHERMORE, THE QUICO BECHARA PROJECT RAISES AWARNESS ON THE IMPORTANCE OF AED USE BY PROVIDING ORDINARY CITEZENS WITH BASIC AED TRAINING AND BASIC CPR SKILLS. THE PROJECT ALSO ASSIST OUR COMMUNITY IN TIMES OF NEED.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $61,160
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $61,160

Expense Breakdown

Grants Paid $50,000
Salaries & Benefits $26,270
Fundraising Expenses $0
Program Expenses $84,810
Other Expenses $59,740
TOTAL EXPENSES $136,010

Year-over-Year Comparison

2022 2021 Change
Revenue $61,160 $243,532 -0.7%
Expenses $136,010 $171,559 -0.2%
Net Income $-74,850 $71,973 -2.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
16
Independent Members
16
Employees
1
Volunteers
60

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$24,000
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAPHNE BECHARA PRESIDENT N/A
Officer
$0 $0 $0
LISANNE BECHARA VICE PRESIDE N/A
Officer
$0 $0 $0
FRANCISCO BECHARA TREASURER N/A
Officer
$0 $0 $0
REBECCA BECHARA SECRETARY N/A
Officer
$0 $0 $0
WILFREDO BORROTO DIRECTOR N/A
Director
$0 $0 $0
DR WILFREDO J BORROTO DIRECTOR N/A
Director
$0 $0 $0
ANTONIO CASELLAS DIRECTOR N/A
Director
$0 $0 $0
JUAN CARLOS AGUAYO DIRECTOR N/A
Director
$0 $0 $0
ANA RITA SANTAELLA DIRECTOR N/A
Director
$0 $0 $0
VILMA VELEZ DIRECTOR N/A
Director
$0 $0 $0
VILMA LOPEZ DIRECTOR N/A
Director
$0 $0 $0
CARIDAD PIERLUISI DIRECTOR N/A
Director
$0 $0 $0
JEAN CHARLES FIEDDLER DIRECTOR N/A
Director
$0 $0 $0
ALEXA BECHARA EXECUTIVE DI 25.00
Officer
$24,000 $0 $24,000
RUBEN JORDAN DIRECTOR N/A
Director
$0 $0 $0
JOSE ZAPATA DIRECTOR N/A
Director
$0 $0 $0
ANA VALLEJO DIRECTOR N/A
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2022 $61,160 $136,010 $113,464 $-74,850
2021 $243,532 $171,559 $190,930 $71,973
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