Fondo De Inversion Comunitaria

Nonprofit profile at a glance

EIN
660971204
IRS 990-EZ coverage
2022–2024
Forms available
Form 990-EZ 2024
Location
San Juan, PR, USA
Phone
7877211037
Rating confidence
Limited
Sector
Urban, Community Economic Development

Reported finances

Revenue
$0
Expenses
$0
Assets
$0
Liabilities
$0

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

Leadership & pay

4 people listed

Executive titles in this filing

  • ANTONIO ESCUDERO (PRESIDENT)
  • DESIREE MIESES (VICE PRESIDENT)

People named in this filing

  • ANTONIO ESCUDERO (PRESIDENT)
  • DESIREE MIESES (VICE PRESIDENT)
  • MIGUEL L VARGAS (SECRETARY TREASURER)

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

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

Overview

Mission

The corporation is formed to receive, maintain, and administer assets exclusively for charitable, scientific, and educational purposes to enhance the economic, entrepreneurial, and cultural well being of the People of Puerto Rico.

What it reported doing in 2024

The purposes for which the Corporation is formed are to receive, maintain, and administer assets exclusively for charitable, scientific, and educational purposes to enhance the economic, entrepreneurial, and cultural well being of the People of Puerto Rico. by, i Administering, managing, and implementing an investment fund to provide access to capital and technical assistance to nonprofit corporations and businesses that promotes economic and social development in the communities they serve, ii Stimulating and fostering community economic and social development in Puerto Rico; a. Establish a capital flow to create jobs and build assets at a grass root level b. Provide a financial instrument to access capital for nonprofit corporations working in underserved d. Provide a financial instrument to cover affordable housing rehabilitation, pre development, and development costs; and e. Serve as a tool for financial inclusion to support community economic and social development. _

Operating model

Revenue model
No positive adjusted resources. The filing reports no positive adjusted operating resources.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 55
  • Sustainability: NotEnoughData
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 66.7%; rating input score 67; 1st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: Limited
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: Limited

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 8 of 9 current checks pass · 1 finding to review
  • Schedules: 1 filed schedules
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • Related organizations: Filed and resolved organization relationships.
  • 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.

  • Moderate — Transparency & Controls: Series filing activity did not reconcile in the filed values.