Corporacion Para El Desarollo De Escuelas Alianzas De Pr

Nonprofit profile at a glance

EIN
882305550
IRS 990 coverage
2023–2024
Forms available
Form 990 2024, Form 990-EZ 2022
Location
San Juan, PR, USA
Phone
7879864043
Rating
82
Verdict
STRONG
Rating confidence
Moderate
Sector
Charter Schools

Reported finances

Revenue
$826,086
Expenses
$1,991,207
Assets
$17,154,170
Liabilities
$23,779,947

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • DAVID FRONTERA (PRESIDENT)

People named in this filing

  • DAVID FRONTERA (PRESIDENT)
  • MIREILY DECLET (MEMBER)
  • CHRISTINE AVILA (MEMBER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Our nbsp; goal nbsp; is nbsp; simple nbsp; yet nbsp; profound: nbsp; to nbsp; provide nbsp; every nbsp; student nbsp; with nbsp; an nbsp; unparalleled nbsp; college nbsp; preparatory nbsp; education nbsp; how nbsp; do nbsp; we nbsp; achieve nbsp; this nbsp; through nbsp; a nbsp; blend nbsp; of nbsp; academic nbsp; rigor nbsp; character nbsp; development nbsp; and nbsp; an nbsp; immersive nbsp; multilingual nbsp; amp; nbsp; steaams-based nbsp; educational nbsp; program nbsp; we nbsp; strive nbsp; to nbsp; ensure nbsp; each nbsp; student nbsp; not nbsp; only nbsp; excels nbsp; in nbsp; high nbsp; school nbsp; and nbsp; college nbsp; but nbsp; thrives nbsp; in nbsp; the nbsp; world nbsp; beyond

What it reported doing in 2024

Preparatory education school

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 87
  • Transparency & Controls: 100
  • Accountability: 70
  • Sustainability: 37
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 94.1%; rating input score 94
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 2 of 7 controls in place; rating input score 29
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -141%; rating input score 1; 1st percentile among comparable filings
  • Total-asset coverage ratio: 8.61; rating input score 91; 91st percentile among comparable filings
  • Liabilities to assets ratio: 1.39; rating input score 3; 3rd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -13.7% per year; rating input score 0; 2nd percentile among comparable filings
  • Asset growth: 142.3% per year; rating input score 100; 100th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 94.1% of spending went to programs
  • Governance: 3 of 3 board members independent · 2 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $2M in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 13 of 14 current checks pass · 1 finding to review
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2023 to 2024
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Accountability: Governance controls: 4 of 6 not reported.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 1/100.
  • Moderate — Transparency & Controls: Fund balance restriction sum did not reconcile in the filed values.
  • High — Sustainability: Liabilities to assets ratio scored 3/100.