COLECTIVO ILE CORPORACION

EIN: 660808702 501(c)(3) Human Services

CAGUAS, PR

Total Revenue
$284,099
Total Expenses
$364,265
Total Assets
$404,024
Net Assets
$378,483
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
PR
Principal Officer
MAYRA DIAZ TORRES
Tax Period
2024-01-01 to 2024-12-31

COLECTIVO ILE CORPORACION, founded in 2011, is a small nonprofit in the Human Services sector that reported $284K in total revenue in fiscal year 2024. Revenue fell 26% from the prior year — a significant decline worth monitoring. Expenses of $364K exceeded revenue, resulting in a 28% operating deficit.

Mission

Educate and research anti-racist and decolonizing work inside and outside of Puerto Rico

Program Service Accomplishments

Program 1
Expenses: $262,793 Revenue: $0

Through education, community organizing, and research, Colectivo Ilé strengthened antiracist and decolonizing work to generate social change with the communities they support, academic spaces, and...

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Through education, community organizing, and research, Colectivo Ilé strengthened antiracist and decolonizing work to generate social change with the communities they support, academic spaces, and others. They supported the spiritual/psychological social strengthening of people racialized as inferior, created awareness about the cultural contributions and knowledge of Afro-descendant people, and generated socioeconomic and political changes within and outside Puerto Rico through consciousness-raising workshops, community accompaniment to understand racist/colonial oppression systems, and tools for dismantling them. Key accomplishments include creating an Antiracist Manual for Trainers to guide communities in conducting workshops, conducting research that resulted in "Knowledge is Power: Proposal for the inclusion of ethnic-racial variables in Puerto Rico forms" (developed with various organizations to improve data collection for effective public policy), and producing the report "Perceptions, knowledge and practices about abortion: An Afro-Caribbean perspective" (2023) focused on Black and Afro-descendant women in collaboration with the Network of Afro-Latin American, Afro-Caribbean and Diaspora Women. They developed an Afro-healing component to provide spiritual and ancestral strength for their demanding antiracist work, maintained special care for Afro-descendant youth through their Afrojuventudes and Afrojuntes programs that accompany young people in assuming antiracist and decolonial leadership, and celebrated the fifth anniversary of their radio program NEGRAS, broadcast through the University of Puerto Rico Radio Network, which showcases the contributions of hundreds of Black and Afro-descendant women while connecting with antiracist struggles throughout Latin America and the Caribbean to break colonial isolation.

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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 (2024)

Revenue Breakdown

Contributions & Grants $266,977
Program Service Revenue $17,122
Investment Income $0
Other Revenue $0
TOTAL REVENUE $284,099

Expense Breakdown

Grants Paid $19,675
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $262,793
Other Expenses $344,590
TOTAL EXPENSES $364,265

Year-over-Year Comparison

2024 2023 Change
Revenue $284,099 $385,764 -0.3%
Expenses $364,265 $317,463 +0.1%
Net Income $-80,166 $68,301 -2.2%
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
N/A
Volunteers
N/A

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
0
$0
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Afrika Clivilles Member 5
Director
$0 $0 $0
Angellie Gonzalez Jorge Member 5
Director
$0 $0 $0
Ashley Torres Carrasquillo Member 5
Director
$0 $0 $0
Carmen Margarita Sanchez De Leon Member 5
Director
$0 $0 $0
Barbara Abadia Rexach Member 5
Director
$0 $0 $0
Gabriela Ortiz Laureano Member 5
Director
$0 $0 $0
Gloriann Sacha Antonetty Lebron Member 5
Director
$0 $0 $0
Jessica Aymee Gaspar Concepcion Member 5
Director
$0 $0 $0
Judith Conde Pacheco Member 5
Director
$0 $0 $0
Kanisha Enid Rivera Millan Member 5
Director
$0 $0 $0
Kimberly Figueroa Calderon Member 5
Director
$0 $0 $0
Maria I Reinat Pumarejo Member 5
Director
$0 $0 $0
Mariluz Franco Ortiz Member 5
Director
$0 $0 $0
Mayra I Diaz Torres Member 5
Director
$0 $0 $0
Miriam Franye Morales Suarez Member 5
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
2024 $284,099 $364,265 $404,024 $-80,166
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