ATHENA INC: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
ATHENA INC (EIN 66-0652866)
Tax period
2024-10-01 to 2025-09-30
Filed
2026-07-06
IRS object ID
202621879349301027
Schema version
2024v5.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2026-07-06T11:48:38-05:00ReturnTs
Tax Period End2025-09-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN660979551PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Ruiz Borges Group LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1PO Box 6450AddressLine1Txt
CityBayamonCityNm
State AbbreviationPRStateAbbreviationCd
ZIP009605450ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-10-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN660652866EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Athena IncBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% Geroge PanosInCareOfNm
Business Name ControlATHEBusinessNameControlTxt
Phone7877980920PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1WC 33 Hostos Ave Urb Santa JuanitaAddressLine1Txt
CityBayamonCityNm
State AbbreviationPRStateAbbreviationCd
ZIP00956ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonGEROGE PANOSPersonNm
Person TitlePresidentPersonTitleTxt
Phone7877980920PhoneNum
Signature2026-07-06SignatureDt
Discuss With Paid PreparerfalseDiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonBAYOAN J RUIZ JIMENEZPreparerPersonNm
PTINP02467274PTIN
Phone7876190016PhoneNum
Preparation2026-07-06PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

Doing Business As Name DoingBusinessAsName

FieldValueIRS element (for citing)
Business Name Line1Athena Bilingual AcademyBusinessNameLine1Txt
FieldValueIRS element (for citing)
Principal OfficerGeorge PanosPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1WC-33 Hostos Ave Santa JuanitaAddressLine1Txt
CityBayamonCityNm
State AbbreviationPRStateAbbreviationCd
ZIP00956ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$765,393GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2005FormationYr
Legal Domicile StatePRLegalDomicileStateCd
Activity Or MissionProviding top notch yet affordable education Elementary Schoolfor the benefit of our community country and worldActivityOrMissionDesc
Voting Members Governing Body6VotingMembersGoverningBodyCnt
Voting Members Independent0VotingMembersIndependentCnt
Total Employee42TotalEmployeeCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$813,469PYProgramServiceRevenueAmt
CY Program Service Revenue$765,393CYProgramServiceRevenueAmt
CY Investment Income$0CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$813,469PYTotalRevenueAmt
CY Total Revenue$765,393CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$511,734PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$490,455CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$326,423PYOtherExpensesAmt
CY Other Expenses$329,304CYOtherExpensesAmt
PY Total Expenses$838,157PYTotalExpensesAmt
CY Total Expenses$819,759CYTotalExpensesAmt
PY Revenues Less Expenses-$24,688PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$54,366CYRevenuesLessExpensesAmt
Total Assets BOY$98,826TotalAssetsBOYAmt
Total Assets EOY$63,488TotalAssetsEOYAmt
Total Liabilities BOY$14,519TotalLiabilitiesBOYAmt
Total Liabilities EOY$44,536TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$84,307NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$18,952NetAssetsOrFundBalancesEOYAmt
MissionProviding top notch yet, affordable education(Elementary School) for the benefit of our community, country and world.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$819,759ExpenseAmt
Revenue$765,393RevenueAmt
Desc(Code B24) Officers Compensation $90,000, Employee Salaries 347,572 Payroll Taxes 52,883, Professional Fees 94,268, Advertising 2,442, Office Expenses 17,348, Depreciation 20,550 Insurance 13,317, Rent 107,865, Utilities 24,216, Other Expenses 49,298.Desc
Total Program Service Expenses$819,759TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredfalseScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingYes (true)SchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Transaction With Control EntfalseTransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld CompliancefalseBackupWthldComplianceInd
Employee42EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members6GoverningBodyVotingMembersCnt
Independent Voting Member0IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyfalseMinutesOfGoverningBodyInd
Minutes Of CommitteesfalseMinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyfalseForm990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyfalseConflictOfInterestPolicyInd
Whistleblower PolicyfalseWhistleblowerPolicyInd
Document Retention PolicyfalseDocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Athena IncBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone7877980920PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1WC 33 Hostos Ave Santa JuanitaAddressLine1Txt
CityBayamonCityNm
State AbbreviationPRStateAbbreviationCd
ZIP00956ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (6 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeIndKey EmployeeKeyEmployeeIndOfficerOfficerInd
YAHELIS YAMBO
Director40.000.00Yes (X)$35,400$0$0
GLORIMAR LOPEZ
Vice President40.000.00$30,600$0$0Yes (X)
ZORYLEE RODRIGUEZ
Treasurer40.000.00$24,000$0$0Yes (X)
LUZ A CRUZ
Vocal40.000.00$17,430$0$0Yes (X)
DAWN ROLON
Vocal40.000.00$17,100$0$0Yes (X)
GEORGE PANOS
President20.000.00$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$124,530TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescTuitionDesc
Business611710BusinessCd
Total Revenue Column$765,393TotalRevenueColumnAmt
Related Or Exempt Func Income$765,393RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$765,393TotalProgramServiceRevenueAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$765,393TotalRevenueColumnAmt
Related Or Exempt Func Income$765,393RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$90,000TotalAmt
Program Services$90,000ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$347,572TotalAmt
Program Services$347,572ProgramServicesAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$52,883TotalAmt
Program Services$52,883ProgramServicesAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$84,473TotalAmt
Program Services$84,473ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$9,795TotalAmt
Program Services$9,795ProgramServicesAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$2,442TotalAmt
Program Services$2,442ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$17,348TotalAmt
Program Services$17,348ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$20,550TotalAmt
Program Services$20,550ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$13,317TotalAmt
Program Services$13,317ProgramServicesAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmt
Utilities$24,216$24,216
Rent$107,865$107,865
Other Expenses$49,298$49,298

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$819,759TotalAmt
Program Services$819,759ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$51,874BOYAmt
EOY$6,070EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$11,034BOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$810BOYAmt
EOY$810EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$441,225LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$384,617LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$35,108BOYAmt
EOY$56,608EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$98,826BOYAmt
EOY$63,488EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$14,519BOYAmt
EOY$44,536EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$14,519BOYAmt
EOY$44,536EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY$84,307BOYAmt
EOY$18,952EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$84,307BOYAmt
EOY$18,952EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$98,826BOYAmt
EOY$63,488EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$54,366ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedfalseFSAuditedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$292,479OtherCostOrOtherBasisAmt
Depreciation$276,870DepreciationAmt
Book Value$15,609BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$148,746OtherCostOrOtherBasisAmt
Depreciation$107,747DepreciationAmt
Book Value$40,999BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$56,608TotalBookValueLandBuildingsAmt

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtfalseNondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcfalsePolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediafalsePlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsfalseMaintainRacialCompRecsInd
Maintain Scholarships RecsfalseMaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcfalseMaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolfalseMaintainCpyOfAllSolInd
Discriminate Race Stdnts RghtsfalseDiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss PlcyfalseDiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm FcultyfalseDiscriminateRaceEmplmFcultyInd
Discriminate Race SchsfalseDiscriminateRaceSchsInd
Discriminate Race Educ PlcyfalseDiscriminateRaceEducPlcyInd
Discriminate Race Use Of FcltsfalseDiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt ProgfalseDiscriminateRaceAthltProgInd
Discriminate Race Other ActyfalseDiscriminateRaceOtherActyInd
Government Financial Aid RcvdfalseGovernmentFinancialAidRcvdInd
Government Financial Aid RvkdfalseGovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (true)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart I Line 3FormAndLineReferenceDesc
ExplanationAll of our nondiscriminatory policy is explained through all publicity means available to the schoolExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (9 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Part VI Line 11bForm 990, Part VI, Section B, Line 11b - Form 990 was distributed to the
Part VI Line 11bmembers of the board at a meeting on February 25 for the purpose of review
Part VI Line 19Form 990 was distributed to the members of the board at a meeting on
Part VI Line 19February 2025 for the purpose of review
Form 990, Part VISection B, Line 11b - Form 990 was distributed to the
Form 990, Part VImembers of the board at a meeting on February 2024 for the
Form 990, Part VIpurpose of review
Form 990, Part VISection C, Line 19 - All documents are available at our
Form 990, Part VIFacilities

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