Corporacion Para El Financiamiento Empresarial Del Comercio Y De Las is a 501(c)(3) organization based in San Juan, Puerto Rico, registered in 2003, with $1,701,706 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$1.7M
▲ 21.0% vs prior year
Community median: $184K
Expenses (FY2024)
$1.5M
Net assets
$3.3M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Corporacion Para El Financiamiento Empresarial Del Comercio Y De Las— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Corporacion Para El Financiamiento Empresarial Del Comercio Y De Las: 26 mo reserves · +12% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Corporacion Para El Financiamiento Empresarial Del Comercio Y De Las— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Corporacion Para El Financiamiento Empresarial Del Comercio Y De Las: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $875K (FY2020) to $1.7M (FY2024) across 5 reported years.
Financial snapshot
Operating margin
11.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$7.6M
Total liabilities
$4.3M
Net assets
$3.3M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,701,706▲21.0% | $1,503,914▲21.8% | $3,310,185▲6.4% | $7,578,089▲4.9% | 990 |
| 2023 | $1,406,883▲22.1% | $1,235,244▲25.4% | $3,112,393▲5.8% | $7,224,200▲14.1% | 990 |
| 2022 | $1,152,299▲47.7% | $984,789▲31.3% | $2,940,754▲6.0% | $6,332,012▲20.4% | 990 |
| 2021 | $779,991▼10.8% | $750,191▲4.0% | $2,773,244▲1.1% | $5,257,497▲13.8% | 990 |
| 2020 | $874,892 | $721,649 | $2,743,444 | $4,620,577 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
1 grant to Corporacion Para El Financiamiento Empresarial Del Comercio Y De Las totaling $100K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Opportunity Finance Network | Covid-19 grant | 2020 | $100,000 |
Explore more
Data for Corporacion Para El Financiamiento Empresarial Del Comercio Y De Las (EIN 66-0398333) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.