ColaborativoPR Inc

EIN: 660901994 501(c)(3) Education

San Juan, PR

Total Revenue
$731,486
Total Expenses
$863,880
Total Assets
$295,097
Net Assets
$279,306
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
PR
Phone
7873186985
Tax Period
2023-07-01 to 2024-06-30

ColaborativoPR Inc, founded in 2018, is a small nonprofit in the Education sector that reported $731K in total revenue in fiscal year 2023. Expenses of $864K exceeded revenue, resulting in a 18% operating deficit.

Mission

Increase postsecondary enrollment and completion of students from low income communities with the highest postsecondary non-enrollment.

Program Service Accomplishments

Program 1
Expenses: $641,767

Our main goal is that Puerto Ricos youth affected by poverty and inequalities will have the opportunities to access and succeed at a postsecondary education that will lead to a better career and...

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Our main goal is that Puerto Ricos youth affected by poverty and inequalities will have the opportunities to access and succeed at a postsecondary education that will lead to a better career and quality of life, thus improving the economic outlook of Puerto Rico. ColaborativoPR is trying to achieve this goal by preparing and providing the necessary tools, to disadvantaged and marginalized high school students, to be ready for postsecondary studies, making sure they are admitted to, register and attain a postsecondary degree. Our model focuses in three areas: University Life Planning, Academic Achievement and Socialemotional Development. We have been able to provide our participants with the academic counseling sessions, university visits, local college entrance exam review and assist with feeling out the FAFSA and Socialemotional Program align to our postsecondary degree attainment goals. Some of our achievements for 2023-2024 include 850 students from Loiza have participated in the College Access and Success Program. 85% average participation for the six college counseling sessions (94% of the school registration was seen at least once by our college counsellors). 75% participation for the University visits. A total of 35- SEL lessons were offered to 10th-12th graders. Five lessons were offered to each grade, each grade has seven classrooms between both schools. 90% of the 2024 graduating class cohort of Loizas two high schools applied to a total of 17 postsecondary institutions in Puerto Rico. A total of 187 applications were submitted, 61% were targeted towards the Private System and 39% aimed at the Public System.

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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 $731,486
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $731,486

Expense Breakdown

Grants Paid $0
Salaries & Benefits $218,369
Fundraising Expenses $10,862
Program Expenses $641,767
Other Expenses $645,511
TOTAL EXPENSES $863,880

Year-over-Year Comparison

2023 2022 Change
Revenue $731,486 $705,907 +0.0%
Expenses $863,880 $672,324 +0.3%
Net Income $-132,394 $33,583 -4.9%
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
5
Independent Members
N/A
Employees
3
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
1
$80,300
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Leonor Garcia Executive Dir. 40.00
Director
$80,300 $0 $80,300
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
2025 No data No data No data No data
2024 $731,486 $863,880 $295,097 $-132,394
2023 $705,907 $672,324 $654,469 $33,583
2022 $396,368 $445,402 $637,180 $-49,034
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