Fondo De Inversion Y Desarrollo Cooperative Inc is a 501(c)(3) organization based in San Juan, Puerto Rico, registered in 2023, with $2,651,442 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$2.7M
▼ 11.7% vs prior year
Community median: $184K
Expenses (FY2024)
$1.2M
Net assets
$41.2M
Employees
—
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 Fondo De Inversion Y Desarrollo Cooperative Inc— 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 Fondo De Inversion Y Desarrollo Cooperative Inc: 401 mo reserves · +53% margin earns a B+ 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 Fondo De Inversion Y Desarrollo Cooperative Inc— 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 Fondo De Inversion Y Desarrollo Cooperative Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $1.5M (FY2014) to $2.7M (FY2024) across 6 reported years.
Financial snapshot
Operating margin
53.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$41.3M
Total liabilities
$58K
Net assets
$41.2M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $2,651,442▼11.7% | $1,233,574▲25.8% | $41,238,339▲3.9% | $41,296,776▲3.8% | 990 |
| 2023 | $3,002,093▲190% | $980,474▼78.4% | $39,677,952▲4.6% | $39,779,010▲4.7% | 990 |
| 2022 | $1,033,950▲1840% | $4,532,331▲616% | $37,925,697▼8.2% | $38,001,351▼8.2% | 990 |
| 2021 | $53,303▼93.2% | $633,296▼1.4% | $41,291,100▲1.7% | $41,391,713▲1.4% | 990 |
| 2020 | $788,196▼46.6% | $642,217▼21.9% | $40,610,885▲8.1% | $40,823,393▲8.6% | 990 |
| 2014 | $1,476,797 | $821,992 | $37,559,758 | $37,607,407 | 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.
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Data for Fondo De Inversion Y Desarrollo Cooperative Inc (EIN 66-0631697) 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.