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Nonprofit · EIN 66-0760071

FUNDACION MAYAGUEZ 2010

Tax-exempt · MAYAGUEZ, PR 00681

Financials

$392K$347K2022$356K$503K2023$393K$436K2024
Revenue Expenses · by fiscal year end
Financials of FUNDACION MAYAGUEZ 2010 by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$392,550$435,824-$43,274$761,569$1,456$760,113
June 30, 2024990$355,604$503,047-$147,443$862,822$2,965$859,857
June 30, 2023990$391,579$347,057$44,522$1,013,114$5,814$1,007,300
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$366,334
of which government grants
$250,000
Program service revenue
$0
Investment income
$26,216
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$25,598
Salaries, compensation and benefits (total)
$27,893
Professional fundraising fees
$0
Travel
$3,949
Depreciation
$38,512
Program services (functional)
$329,685
Management and general (functional)
$102,190
Fundraising (functional)
$3,949

Balance sheet and other

Total assets, start of year
$862,822
Total assets, end of year
$761,569
Total liabilities, end of year
$1,456
Net assets, end of year
$760,113
Land, buildings and equipment
$36,039
Net assets without donor restrictions
$760,113
Gross receipts
$392,550
Employees
1
Year formed
2010
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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
Juan BenazardDirector
Key employee
40$30,000
Felipe PerezPresident
Trustee or director
10$0
Orlando LugoVP
Trustee or director
4$0
Jaime MoralesTreasurer
Trustee or director
8$0
Jorge O Sosa RSecretary
Trustee or director
6$0
990 for the year ended June 30, 2024: 5 people
NameTitleHours / weekCompensation
A BenazardDirector
Key employee
40$30,000
Felipe PerezPresident
Trustee or director
10$0
Orlando LugoV President
Trustee or director
8$0
Jaime MoralesTreasurer
Trustee or director
4$0
Jorge SosaSecretary
Trustee or director
8$0
990 for the year ended June 30, 2023: 5 people
NameTitleHours / weekCompensation
Juan BenazardDirector
Key employee
40$27,000
Felipe PerezPresident
Trustee or director
10$0
Orlando LugoVP
Trustee or director
8$0
Angel L RosasTreasurer
Trustee or director
4$0
Jorge O SosaSecretary
Trustee or director
8$0

Address and contacts

Address (IRS master file)
PO BOX 3248, MAYAGUEZ, PR 00681-3248
Principal officer (990 for 2024)
Antonio J Benazar - Ortiz, PO Box 3248, MAYAGUEZ, PR 00682
Signed the 990
Antonio J Benazar - Ortiz, Director Ejecutivo
Phone
(787) 832-2010
Return prepared by
CPA Carlos Quintana

Mission

To promote and organize sporting events that would maintain a high level of sports enthusiasm in the western Puerto Rico region, and promote sport activities at a local and international level.

990 for the year ended June 30, 2025

Program accomplishments

  • State Government Grants provided by the Puerto Rico Government for
    Expenses $329,685 · revenue $250,000
  • Fundraising from sponsors related to Golf Turnament and other
    Expenses $3,949 · revenue $66,895
  • Donations received nfrom sponsors for the benefits of the Sports
    revenue $49,439

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
66-0760071
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
2023
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$761,569
Income (IRS master file)
$392,550

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$392,550$435,824$761,569IRS
990June 2024$355,604$503,047$862,822IRS
990June 2023$391,579$347,057$1,013,114XML

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 66-0760071).

Questions about FUNDACION MAYAGUEZ 2010

What is the EIN of FUNDACION MAYAGUEZ 2010?
The employer identification number (EIN) of FUNDACION MAYAGUEZ 2010 is 66-0760071.
Is FUNDACION MAYAGUEZ 2010 tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
Are donations to FUNDACION MAYAGUEZ 2010 tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FUNDACION MAYAGUEZ 2010 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 FUNDACION MAYAGUEZ 2010 due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FUNDACION MAYAGUEZ 2010 last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of FUNDACION MAYAGUEZ 2010?
The 990 for the year ended June 30, 2025 names Antonio J Benazar - Ortiz.
Who are the officers and directors of FUNDACION MAYAGUEZ 2010?
The 990 for the year ended June 30, 2025 lists 5 people; 1 received compensation from the organization, the highest $30,000 (Juan Benazard, Director).
How much revenue does FUNDACION MAYAGUEZ 2010 have?
On its 990 for the year ended June 30, 2025 it reported revenue of $392,550, expenses of $435,824 and total assets of $761,569 at year end.

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