IRS 990 Nonprofit Profile
HASER Inc
Thorough due diligence is conducted in advance of funding to determine whether a group will be an appropriate grantee. all grants approved to domestic organizations were done under a fiscal sponsorship pre-approved grant agreement. all domestic organizations are considered nonprofit under puerto rico 1101.01 exemption that has equal basic requirements as 501c3 organizations in the united states. all organizations must send yearly their local nonprofit documents and good standings in puerto rico. funds are disbursed through a reimbursement process after all receipts are reviewed by haser. advances are done on a request and review basis. furthermore, haser retains variance of power over the funds and requires grantees to send proposals for pre-approval by haser before haser sends to potential donors.
- Filing year
- 2024
- Total revenue
- $2.2M
- Total expenses
- $2.0M
- Program expenses
- $1.7M
- Administration
- $251K
- Fundraising
- $48K
- Program share of expenses
- 85%
- EIN
- 660861655
- Location
- San Juan, PR
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Financial data on this page is sourced from IRS Form 990 filings.