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Nonprofit · EIN 66-0592098

FORJANDO UN NUEVO COMIENZO CORP

Tax-exempt (reinstated) · GUAYNABO, PR 00970

Financials

$1.3M$937K2022$1.5M$1.4M2023$1.1M$1.2M2024
Revenue Expenses · by fiscal year end
Financials of FORJANDO UN NUEVO COMIENZO CORP by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990$1,090,906$1,190,098-$99,192$560,585$54,109$506,476
September 30, 2024990$1,482,040$1,412,679$69,361$641,223$35,555$605,668
September 30, 2023990$1,251,448$936,640$314,808$540,055$3,748$536,307
Financial details: 990 for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$961,867
of which government grants
$950,963
Program service revenue
$0
Investment income
$0
Other revenue
$129,039

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$89,462
Other salaries and wages
$666,924
Salaries, compensation and benefits (total)
$828,696
Professional fundraising fees
$0
Accounting fees
$14,478
Occupancy
$29,400
Travel
$9,115
Depreciation
$6,924
Program services (functional)
$857,736
Management and general (functional)
$332,362

Balance sheet and other

Total assets, start of year
$641,223
Total assets, end of year
$560,585
Total liabilities, end of year
$54,109
Net assets, end of year
$506,476
Land, buildings and equipment
$16,733
Net assets without donor restrictions
$506,476
Gross receipts
$1,090,906
Employees
98
Volunteers
0
Year formed
2000
State of legal domicile
PR

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended September 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
MORAIMA OYOLAEXECUTIVE DIRECTOR
Key employee, Highest-paid employee
38$89,462
DENISE RIVERAPRESIDENT
Trustee or director
1$0
MARIA M RIVERASECRETARY
Trustee or director
1$0
KARLA M SANTIAGO QUINONESTREASURER
Trustee or director
1$0
MARISOL GONZALEZVOCAL
Trustee or director
1$0
JOSE L CABRERAVOCAL
Trustee or director
1$0
LISA M ORTEGA CRUZVOCAL
Trustee or director
1$0
ARACELYS GUZMANVOCAL
Trustee or director
1$0
SANDRA LOPEZVOCAL
Trustee or director
1$0
YAZMIN FIGUEROA ARANAVOCAL
Trustee or director
1$0
990 for the year ended September 30, 2024: 10 people
NameTitleHours / weekCompensation
MORAIMA OYOLAEXECUTIVE DIRECTOR
Key employee, Highest-paid employee
37.5$75,057
LUIS J VAZQUEZ UROUIAPRESIDENT
Trustee or director
1$0
MILAGROS VARGAS FELICIANOVOCAL
Trustee or director
1$0
DENISE RIVERAVOCAL
Trustee or director
1$0
MARIA M RIVERASECRETARY
Trustee or director
1$0
VIVIAN SANCHEZ RAMOSTREASURER
Trustee or director
1$0
MARIBEL FUENTES COLONVOCAL
Trustee or director
1$0
ODEMARIS CORDOVA CUEVASVOCAL
Trustee or director
1$0
KARLA M SANTIAGO QUINONESVOCAL
Trustee or director
1$0
VIRGINIA RIVERAVICE PRESIDENT
Trustee or director
1$0
990 for the year ended September 30, 2023: 10 people
NameTitleHours / weekCompensation
MORAIMA OYOLAEXECUTIVE DIRECTOR
Key employee, Highest-paid employee
37.5$68,989
MILAGROS VARGAS FELICIANOVOCAL
Trustee or director
1$0
DENISE RIVERAVOCAL
Trustee or director
1$0
MARIA M RIVERASECRETARY
Trustee or director
1$0
LUIS J VAZQUEZ UROUIAPRESIDENT
Trustee or director
1$0
VIVIAN SANCHEZ RAMOSVOCAL
Trustee or director
1$0
MARIBEL FUENTES COLONVOCAL
Trustee or director
1$0
ODEMARIS CORDOVA CUEVASTREASURER
Trustee or director
1$0
KARLA M SANTIAGO QUINONESVOCAL
Trustee or director
1$0
VIRGINIA RIVERAVICE PRESIDENT
Trustee or director
1$0

Address and contacts

Address (IRS master file)
PO BOX 7891, GUAYNABO, PR 00970-7891
In care of
% MORAIMA OYOLA PIZARRO
Principal officer (990 for 2024)
MORAIMA OYOLA PIZARRO, PMB 312 PO BOX 7886, GUAYNABO, PR 009707886
Signed the 990
MORAIMA OYOLA PIZARRO, EXECUTIVE DIRECTOR
Phone
(787) 731-5480
Return prepared by
FERNANDEZ VALDIVIA & COMPANY PSC

Mission

Forjando un Nuevo Comienzo, Corp.'s main mission is to improve the quality of life of people with social or economic constraints and or disadvantages. The most significant activities are: employment opportunities; motivational, leadership and self-improvement skills workshops; homework assistance; and cultural, educational and recreational activities.

990 for the year ended September 30, 2025

Program accomplishments

  • Housing - This project consists of three programs that offer viable options for public housing bona fide residents of the Public Housing Administration to overcome the obstacles that prevent them from having a better quality of life. The program provides opportunities for social mobility to economically disadvantaged families, services such as: employment opportunities, entrepreneurship and leadership workshops; homework assistance; recreational, cultural and educational activities.
    Expenses $840,664 · revenue $1,037,146
  • Social Action - Forjando un Nuevo Comienzo allows young school dropouts, with criminal records or problems with justice, the opportunity to have a decent job that helps them reestablish themselves into society.
    Expenses $17,063 · revenue $48,076
  • "EMPLEO A JOVENES EN SUPERACION" this program, whose name is in Spanish and means "employment for youths who are overcoming obstacles", provides employment opportunities to low income individuals that are unemployed because they have no prior working experience, have prior criminal records or do not have a high school diploma.
    Expenses $9 · revenue $5,683

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 15, 2027Not due yet
2024September 30, 2025February 16, 2026990 on file
2023September 30, 2024February 17, 2025990 on file

IRS record

EIN
66-0592098
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2016
Accounting year ends
September
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P20)
Assets (IRS master file)
$560,585
Income (IRS master file)
$1,090,906

Revocation and reinstatement

Exemption revoked
February 15, 2011
Posted by the IRS
May 28, 2016
Reinstated
Effective April 15, 2016

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2025$1,090,906$1,190,098$560,585XML
990September 2024$1,482,040$1,412,679$641,223XML
990September 2023$1,251,448$936,640$540,055XML
990September 2022$947,186$865,025$269,991IRS
990September 2021–––IRS
990September 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 66-0592098).

Questions about FORJANDO UN NUEVO COMIENZO CORP

What is the EIN of FORJANDO UN NUEVO COMIENZO CORP?
The employer identification number (EIN) of FORJANDO UN NUEVO COMIENZO CORP is 66-0592098.
Is FORJANDO UN NUEVO COMIENZO CORP tax-exempt?
Yes. The IRS revoked its exemption on February 15, 2011 and reinstated it effective April 15, 2016.
Are donations to FORJANDO UN NUEVO COMIENZO CORP tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FORJANDO UN NUEVO COMIENZO CORP file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of FORJANDO UN NUEVO COMIENZO CORP due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FORJANDO UN NUEVO COMIENZO CORP last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended September 2025.
Who is the principal officer of FORJANDO UN NUEVO COMIENZO CORP?
The 990 for the year ended September 30, 2025 names MORAIMA OYOLA PIZARRO.
Who are the officers and directors of FORJANDO UN NUEVO COMIENZO CORP?
The 990 for the year ended September 30, 2025 lists 10 people; 1 received compensation from the organization, the highest $89,462 (MORAIMA OYOLA, EXECUTIVE DIRECTOR).
How much revenue does FORJANDO UN NUEVO COMIENZO CORP have?
On its 990 for the year ended September 30, 2025 it reported revenue of $1,090,906, expenses of $1,190,098 and total assets of $560,585 at year end.

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