Foundation For A Better Puerto Rico Inc
Only null% goes to programs Strong reserves Declining revenue
Foundation For A Better Puerto Rico Inc is a 501(c)(3) organization based in Culebra, Puerto Rico, registered in 2015, with $280,167 in FY2024 revenue. CharityIndex grades it B.
Po Box 938, Culebra, PR, 00775 EIN 66-0817772 Since 2015
Revenue (FY2024)
$280K
▲ 7.2% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$195K
Net assets
$300K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
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 →—Program efficiency40% of the ratingNo expense breakdown in filings
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 Foundation For A Better Puerto Rico Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating18 mo reserves · +30% margin
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 Foundation For A Better Puerto Rico Inc: 18 mo reserves · +30% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 Foundation For A Better Puerto Rico Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
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 Foundation For A Better Puerto Rico Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box 938, Culebra, PR, 00775
- City
- Culebra
- State
- Puerto Rico
- Subcategory
- Public Foundations
- Website
- …
Financial trends
Revenue grew from $211K (FY2020) to $280K (FY2024) across 5 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $4,820Net assets $300K
Operating margin
30.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$304K
Total liabilities
$4,820
Net assets
$300K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $280,167▲7.2% | $195,322▲31.7% | $299,651▲39.5% | $304,471▲38.7% | 990 |
| 2023 | $261,464▼27.0% | $148,315▼80.8% | $214,806▲111% | $219,562▲103% | 990 |
| 2022 | $358,129▼66.2% | $772,559▼35.2% | $101,658▼80.3% | $108,208▼79.3% | 990 |
| 2021 | $1,060,179▲402% | $1,192,391▲120% | $516,088▼20.4% | $522,488▼19.9% | 990 |
| 2020 | $211,229 | $542,278 | $648,298 | $652,537 | 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.
Grants received · $1.3M total
16 grants to Foundation For A Better Puerto Rico Inc totaling $1.3M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Donor Advised Charitable Giving | Public, societal benefit | 2023 | $100,000 |
| Environmental Defense Fund Incorporated | — | 2023 | $8,558 |
| Environmental Defense Fund Incorporated | Caribbean clean energy access & climate adaptation | 2022 | $7,500 |
| American Endowment Foundation | Human service | 2021 | $9,000 |
| Environmental Defense Fund Incorporated | Energy | 2020 | $10,000 |
| Hispanic Federation Inc | Discretionary grant | 2019 | $25,000 |
| Donor Advised Charitable Giving | Public, societal benefit | 2019 | $25,000 |
| Hispanic Federation Inc | Center for mind body medicine | 2019 | $25,000 |
| Paypal Charitable Giving Fund | — | 2019 | $10,000 |
| Hispanic Federation Inc | Rebuild playa flamenco culebra pymt | 2018 | $950,000 |
| Paypal Charitable Giving Fund | General support | 2018 | $20,010 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Hospital generator | 2017 | $40,000 |
| Boston Foundation Inc | Disaster relief | 2017 | $25,000 |
| Boston Foundation Inc | Disaster relief | 2017 | $25,000 |
| Health Insurance Plan of Greater New York | General support | 2017 | $15,000 |
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Frequently asked questions
- Is Foundation For A Better Puerto Rico Inc a legitimate nonprofit?
- Yes. Foundation For A Better Puerto Rico Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 66-0817772, based in Culebra, Puerto Rico. Donations are tax-deductible.
- What is Foundation For A Better Puerto Rico Inc's EIN?
- Foundation For A Better Puerto Rico Inc's Employer Identification Number (EIN) is 66-0817772.
- How much revenue does Foundation For A Better Puerto Rico Inc report?
- Foundation For A Better Puerto Rico Inc reported $280,167 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Foundation For A Better Puerto Rico Inc have?
- CharityIndex grades Foundation For A Better Puerto Rico Inc B, based on financial health (reserves and operating margin).
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Explore more
Data for Foundation For A Better Puerto Rico Inc (EIN 66-0817772) 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.