HASER Inc

EIN: 660861655 501(c)(3) Community Improvement

San Juan, PR

Total Revenue
$5,187,284
Total Expenses
$1,381,635
Total Assets
$4,329,586
Net Assets
$4,122,032
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
PR
Principal Officer
Colibri Sanfiorenzo Barnhard
Phone
7874200051
Tax Period
2023-01-01 to 2023-12-31

HASER Inc, founded in 2016, is a community nonprofit in the Community Improvement sector that reported $5.2M in total revenue in fiscal year 2023. Revenue surged 194% from the prior year, signaling strong growth momentum. The organization ran a surplus of $3.8M, a strong 73% operating margin.

Mission

The organization mission is to promote social well-being in Puerto Rico through community-based projects working towards equity and quality of life. Envisioning a society where communities organize in different ways and implement resilient and socio-ecological strategies to improve equity and quality of life on the planet. Faced with precariousness and social inequality, more communities organize local actions addressing needs in health, economic development, social justice, culture, ecology, agriculture, and social welfare. Actions are carried out with few resources and limited access to funds, creating more barriers in communities already suffering from the effects of the crisis and historical inequalities.

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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 (2023)

Revenue Breakdown

Contributions & Grants $5,055,380
Program Service Revenue $118,184
Investment Income $13,720
Other Revenue $0
TOTAL REVENUE $5,187,284

Expense Breakdown

Grants Paid $442,565
Salaries & Benefits $399,093
Fundraising Expenses $61,423
Program Expenses $1,089,473
Other Expenses $539,977
TOTAL EXPENSES $1,381,635

Year-over-Year Comparison

2023 2022 Change
Revenue $5,187,284 $1,763,608 +1.9%
Expenses $1,381,635 $1,643,749 -0.2%
Net Income $3,805,649 $119,859 +30.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
4
Independent Members
4
Employees
16
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
2
$124,564
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Colibri Sanfiorenzo-Barnhard Executive Dir. 0.00
Officer
$73,300 $0 $73,300
Ury N Vega Gonzalez COO 0.00
Officer
$51,264 $0 $51,264
Edgardo Gonzalez Gonzalez President 0.00
Director
$0 $0 $0
Melissa Armstrong Treasurer 0.00
Director
$0 $0 $0
Johnathan Frye Secretary 0.00
Director
$0 $0 $0
Rima Brusi Secretary 0.00
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 No data No data No data No data
2023 $5,187,284 $1,381,635 $4,329,586 $3,805,649
2022 $1,763,608 $1,643,749 $2,609,841 $119,859
2021 $915,208 $883,346 $1,144,263 $31,862
2020 $897,892 $832,481 $1,012,160 $65,411
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