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Nonprofit · EIN 66-1006350

FUNDACION EDUCATIVA ASORE INC

Tax-exempt · GUAYNABO, PR 00968

Financials

$70K$32K2023$84K$35K2024
Revenue Expenses · by fiscal year end
Financials of FUNDACION EDUCATIVA ASORE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$84,146$34,954$49,192$117,345$35,503$81,842
December 31, 2023990-EZ$70,180$31,970$38,210$61,897$29,247$32,650
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$24,144
Investment income
$103
Net income from fundraising events
$56,769
Other revenue
$3,130

Expenses

Compensation of officers, directors and key employees
$6,000
Professional fees and payments to contractors
$28,148
Other expenses
$6,806

Balance sheet and other

Total assets, start of year
$61,897
Total assets, end of year
$117,345
Total liabilities, end of year
$35,503
Net assets, end of year
$81,842
Cash, savings and investments
$51,834
Gross receipts
$149,297

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-EZ for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
GERMAN G LEBRON SAGARDIAEXECUTIVE DI6$6,000
HECTOR A PEREZFINANCE DIRE6$0
JUAN M CIDRE GARCIAPRESIDENT10$0
SONIA E NAVARRO GONZALEZVICE-PRESIDE10$0
RAFAEL MENENDEZ FUENTESTREASURER10$0
ANA FIGUEROA LORENZOSECRETARY10$0
JEAN PIERRE MUJICADIRECTOR4$0
990-EZ for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
GERMAN G LEBRON SAGARDIAEXECUTIVE DI6$6,000
HECTOR A PEREZFINANCE DIRE6$0
JUAN M CIDRE GARCIAPRESIDENT10$0
SONIA E NAVARRO GONZALEZVICE-PRESIDE10$0
RAFAEL MENENDEZ FUENTESTREASURER10$0
ANA FIGUEROA LORENZOSECRETARY10$0
JEAN PIERRE MUJICADIRECTOR4$0

Address and contacts

Address (IRS master file)
1498 AVE ROOSEVELT, GUAYNABO, PR 00968-0000
In care of
% KENNETH RIVERA - AR
Mailing address (990-N for 2022)
1498 AVE ROOSEVELT STE 205, GUAYNABO 00968-2734, RQ
Principal officer (990-N for 2022)
GERMAN LEBRON, 1498 AVE ROOSEVELT STE 205, GUAYNABO 00968-2734, RQ
Signed the 990-EZ
HECTOR A PEREZ, FINANCE DIRECTOR
Phone
(787) 783-9640
Return prepared by
GALINDEZ LLC

Mission

THE PURPOSE OF THE FOUNDATION IS TO FACILITATE THE TRAINING AND SUPPORT THE PROFESSIONAL DEVELOPMENT NECESSARY TO PROMOTE THE LIMITLESS OPPORTUNITIES OFFERED BY THE PREPARED FOOD AND HOSPITALITY INDUSTRY, WITH THE VISION OF BEING THE EDUCATIONAL AND PROFESSIONAL DEVELOPMENT PROMOTERS FOR THE PREPARED FOOD AND HOSPITALITY INDUSTRY IN PUERTO RICO.

990-EZ for the year ended December 31, 2024

Program accomplishments

  • PROSTART IS A TWO-YEAR CULINARY ARTS AND RESTAURANT MANAGEMENT PROGRAM FOR HIGH SCHOOL STUDENTS THAT IS IN THE PROCESS OF BEING DEVELOPED AND PLANNED TO BE IMPLEMENTED.
  • APPRENTICESHIP IS A PROGRAM THAT PROVIDES RESTAURANT OWNERS WITH TOOLS TO DEVELOP THEIR EMPLOYEES TO GENERATE A WORKFORCE THAT HAS THE SKILLS, ABILITIES AND CAPABILITIES ALIGNED WITH THE EVOLUTION OF THE COMPANY. THIS PROGRAM IS ALSO IN THE PROCESS OF DEVELOPING AND PLANNING TO BE IMPLEMENTED.

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

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
66-1006350
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
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$117,345
Income (IRS master file)
$149,297

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$84,146$34,954$117,345IRS
990-EZDecember 2023$70,180$31,970$61,897XML
990-N for 2022
Officer: GERMAN LEBRON
December 31, 2022≤ $50,000 receipts––e-Postcard

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 66-1006350).

Questions about FUNDACION EDUCATIVA ASORE INC

What is the EIN of FUNDACION EDUCATIVA ASORE INC?
The employer identification number (EIN) of FUNDACION EDUCATIVA ASORE INC is 66-1006350.
Is FUNDACION EDUCATIVA ASORE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
Are donations to FUNDACION EDUCATIVA ASORE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FUNDACION EDUCATIVA ASORE INC 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 EDUCATIVA ASORE INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FUNDACION EDUCATIVA ASORE INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who is the principal officer of FUNDACION EDUCATIVA ASORE INC?
The 990-N for 2022 names GERMAN LEBRON.
Who are the officers and directors of FUNDACION EDUCATIVA ASORE INC?
The 990-EZ for the year ended December 31, 2024 lists 7 people; 1 received compensation from the organization, the highest $6,000 (GERMAN G LEBRON SAGARDIA, EXECUTIVE DI).
How much revenue does FUNDACION EDUCATIVA ASORE INC have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $84,146, expenses of $34,954 and total assets of $117,345 at year end.

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