CENTER FOR A NEW ECONOMY INC: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
CENTER FOR A NEW ECONOMY INC (EIN 66-0566096)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-11-07
IRS object ID
202543119349304324
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)
Return2025-11-07T15:59:32-06:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN521738520PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1LANE & COMPANY CPASBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line15335 WISCONSIN AVE NWAddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20015ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN660566096EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CENTER FOR A NEW ECONOMY INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlCENTBusinessNameControlTxt
Phone7876221120PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 9024240AddressLine1Txt
CitySAN JUANCityNm
State AbbreviationPRStateAbbreviationCd
ZIP00902ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonROSANNA TORRES PIZARROPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone7876221120PhoneNum
Signature2025-11-07SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonROBERT E LANEPreparerPersonNm
PTINP01622353PTIN
Phone2026172615PhoneNum
Preparation2025-10-22PreparationDt
Self EmployedYes (X)SelfEmployedInd
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerROSANNA TORRES PIZARROPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 9024240AddressLine1Txt
CitySAN JUANCityNm
State AbbreviationPRStateAbbreviationCd
ZIP00902ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$2,005,504GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.GRUPOCNE.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1998FormationYr
Legal Domicile StatePRLegalDomicileStateCd
Activity Or MissionTHE CENTER FOR A NEW ECONOMY (CNE) IS PUERTO RICO'S FIRST AND FOREMOST POLICY THINK TANK, AN INDEPENDENT, NONPARTISAN GROUP THAT ADVOCATES FOR THE DEVELOPMENT OF A NEW ECONOMY FOR PUERTO RICO. WE SEEK TO INFORM CURRENT POLICY DEBATES AND FIND SOLUTIONS TO TODAY'S MOST PRESSING AND COMPLEX ECONOMIC DEVELOPMENT PROBLEMS BY RIGOROUSLY ANALYZING HARD DATA AND PRODUCING ROBUST EMPIRICAL RESEARCH.ActivityOrMissionDesc
Voting Members Governing Body11VotingMembersGoverningBodyCnt
Voting Members Independent10VotingMembersIndependentCnt
Total Employee13TotalEmployeeCnt
Total Volunteers10TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$1,830,909PYContributionsGrantsAmt
CY Contributions Grants$1,974,160CYContributionsGrantsAmt
PY Program Service Revenue$20,000PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$52,392PYInvestmentIncomeAmt
CY Investment Income$31,098CYInvestmentIncomeAmt
PY Other Revenue$172PYOtherRevenueAmt
CY Other Revenue$246CYOtherRevenueAmt
PY Total Revenue$1,903,473PYTotalRevenueAmt
CY Total Revenue$2,005,504CYTotalRevenueAmt
PY Grants And Similar Paid$29,653PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$25,345CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$1,146,110PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$1,446,179CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$145,964CYTotalFundraisingExpenseAmt
PY Other Expenses$734,643PYOtherExpensesAmt
CY Other Expenses$552,813CYOtherExpensesAmt
PY Total Expenses$1,910,406PYTotalExpensesAmt
CY Total Expenses$2,024,337CYTotalExpensesAmt
PY Revenues Less Expenses-$6,933PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$18,833CYRevenuesLessExpensesAmt
Total Assets BOY$2,962,723TotalAssetsBOYAmt
Total Assets EOY$3,822,547TotalAssetsEOYAmt
Total Liabilities BOY$941,529TotalLiabilitiesBOYAmt
Total Liabilities EOY$1,161,170TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$2,021,194NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$2,661,377NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionSEE PART I, LINE 1 SCHEDULE O DISCLOSUREMissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$1,543,555ExpenseAmt
Grant$25,345GrantAmt
Revenue$0RevenueAmt
DescIN 2024, CNE CONTINUED TO LEAD EFFORTS TO IMPROVE THE SOCIOECONOMIC WELL-BEING OF PUERTO RICO THROUGH INDEPENDENT, EVIDENCE-BASED RESEARCH AND FORWARD-LOOKING POLICY ANALYSIS. OUR WORK FOCUSED ON CRITICAL AREAS INCLUDING ENERGY ACCESS AND RELIABILITY, POVERTY ALLEVIATION, FOOD SECURITY, INDUSTRIAL POLICY, AND THE EFFECTIVE DESIGN AND DELIVERY OF FEDERAL PROGRAMS. AMONG OUR KEY CONTRIBUTIONS, CNE PRODUCED A COMPREHENSIVE REVIEW OF THE U.S. DEPARTMENT OF ENERGY'S STUDY ON PUERTO RICO'S ELECTRIC GRID, WHICH WAS WIDELY DISSEMINATED TO INFORM PUBLIC UNDERSTANDING AND SUPPORT INFORMED POLICYMAKING ON GRID MODERNIZATION. WE ALSO PUBLISHED A LANDMARK POLICY PAPER ADVOCATING FOR A MODERN INDUSTRIAL POLICY TAILORED TO PUERTO RICO'S ECONOMIC REALITIES, AND RELEASED AN IN-DEPTH SUMMARY OF THE MANY COMPLEX AND OVERLAPPING INITIATIVES RESHAPING THE ISLAND'S ENERGY SECTOR. IN PARTNERSHIP WITH THE FINRA FOUNDATION, CNE PUBLISHED A MAJOR REPORT ON THE FINANCIAL CAPABILITY OF INDIVIDUALS AND HOUSEHOLDS IN PUERTO RICO, SHEDDING LIGHT ON CRITICAL CHALLENGES AND OPPORTUNITIES FOR LOCAL RESIDENTS. THESE PUBLICATIONS RECEIVED BROAD MEDIA COVERAGE AND CONTRIBUTED MEANINGFULLY TO PUBLIC DIALOGUE AND POLICY DEBATES. THROUGHOUT THE YEAR, OUR WORK WAS CONSISTENTLY SHARED THROUGH NEWSLETTERS, MEDIA OUTLETS, AND PUBLIC FORUMS-REINFORCING CNE'S ROLE AS A TRUSTED, NONPARTISAN SOURCE OF KNOWLEDGE AND ANALYSIS DEDICATED TO THE ISLAND'S LONG-TERM DEVELOPMENT.Desc
Total Program Service Expenses$1,543,555TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying ActivitiesYes (1)LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee13EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members11GoverningBodyVotingMembersCnt
Independent Voting Member10IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE ORGANIZATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone7876221120PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1206 TETUAN ST STE 1002 BPPR BLGDAddressLine1Txt
CitySAN JUANCityNm
State AbbreviationPRStateAbbreviationCd
ZIP00901ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (17 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
MIGUEL SOTO-CLASS
PRESIDENT40.00Yes (X)Yes (X)$244,100$0$15,720
ENRIQUE VILA BIAGGI
BOARD CHAIR1.00Yes (X)Yes (X)$0$0$0
JOAQUIN BACARDI
DIRECTOR1.00Yes (X)$0$0$0
ELIZABETH CAREY BURWELL
DIRECTOR1.00Yes (X)$0$0$0
JACQUES CHAPPUIS
DIRECTOR1.00Yes (X)$0$0$0
JORGE COLON GERENA
DIRECTOR1.00Yes (X)$0$0$0
ANTONIO L FERRE RANGEL
DIRECTOR1.00Yes (X)$0$0$0
CAROLINE MCCONNIE
DIRECTOR1.00Yes (X)$0$0$0
PINSY RIVERA
DIRECTOR1.00Yes (X)$0$0$0
LUIS SILVA
DIRECTOR1.00Yes (X)$0$0$0
EDWIN J PEREZ
DIRECTOR1.00Yes (X)$0$0$0
SERGIO MARXUACH
POLICY DIRECTOR, ASSISTANT SECRETARY40.00Yes (X)$160,600$0$0
NURIA ORTIZ
EXECUTIVE DIRECTOR, SECRETARY40.00Yes (X)$105,100$0$0
CARMEN VARGAS NIN
FINANCE & ADMIN DIRECTOR, TREASURER40.00Yes (X)$98,600$0$13,209
ROSANNA TORRES PIZARRO
DIRECTOR OF THE WASHINGTON DC OFFICE40.00$128,633$0$0Yes (X)
NYDIA SUAREZ MARIN
PUBLIC AFFAIRS DIRECTOR40.00$102,100$0$7,773Yes (X)
ENRIQUE FIGUEROA GRILLASCA
RESEARCH ASSOCIATE40.00$100,300$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$939,433TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$36,702TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K7IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$1,974,160AllOtherContributionsAmt
Total Contributions$1,974,160TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$31,098TotalRevenueColumnAmt
Exclusion$31,098ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescOTHER INCOMEDesc
Business900099BusinessCd
Total Revenue Column$246TotalRevenueColumnAmt
Related Or Exempt Func Income$246RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$246OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,005,504TotalRevenueColumnAmt
Related Or Exempt Func Income$246RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$31,098ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$25,345TotalAmt
Program Services$25,345ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$637,329TotalAmt
Program Services$510,960ProgramServicesAmt
Management And General$67,797ManagementAndGeneralAmt
Fundraising$58,572FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$680,064TotalAmt
Program Services$545,221ProgramServicesAmt
Management And General$72,343ManagementAndGeneralAmt
Fundraising$62,500FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$32,317TotalAmt
Program Services$25,909ProgramServicesAmt
Management And General$3,438ManagementAndGeneralAmt
Fundraising$2,970FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$96,469TotalAmt
Program Services$77,341ProgramServicesAmt
Management And General$10,262ManagementAndGeneralAmt
Fundraising$8,866FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$6,679TotalAmt
Management And General$6,679ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$48,815TotalAmt
Management And General$48,815ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$24,345TotalAmt
Program Services$24,345ProgramServicesAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$56,382TotalAmt
Program Services$56,382ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$98,152TotalAmt
Program Services$74,669ProgramServicesAmt
Management And General$17,316ManagementAndGeneralAmt
Fundraising$6,167FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$8,683TotalAmt
Program Services$5,112ProgramServicesAmt
Management And General$3,571ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$122,577TotalAmt
Program Services$116,733ProgramServicesAmt
Management And General$5,844ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$71,371TotalAmt
Program Services$64,482ProgramServicesAmt
Fundraising$6,889FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$64,643TotalAmt
Management And General$64,643ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$26,360TotalAmt
Management And General$26,360ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$22,741TotalAmt
Program Services$17,056ProgramServicesAmt
Management And General$5,685ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescTAXESDesc
Total$2,065TotalAmt
Management And General$2,065ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$2,024,337TotalAmt
Program Services$1,543,555ProgramServicesAmt
Management And General$334,818ManagementAndGeneralAmt
Fundraising$145,964FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$279,492BOYAmt
EOY$148,464EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$31,400BOYAmt
EOY$172,473EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$158BOYAmt
EOY$158EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$481,798LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$430,938LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$74,253BOYAmt
EOY$50,860EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$2,443,419BOYAmt
EOY$3,351,593EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$134,001BOYAmt
EOY$98,999EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$2,962,723BOYAmt
EOY$3,822,547EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$291,823BOYAmt
EOY$31,990EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$516,952BOYAmt
EOY$1,031,588EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$132,754BOYAmt
EOY$97,592EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$941,529BOYAmt
EOY$1,161,170EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,921,194BOYAmt
EOY$2,561,377EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$100,000BOYAmt
EOY$100,000EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,021,194BOYAmt
EOY$2,661,377EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,962,723BOYAmt
EOY$3,822,547EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$18,833ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$659,016NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,646,810CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,309,413CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,804,409CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,830,909CurrentTaxYearMinus1YearAmt
Current Tax Year$1,974,160CurrentTaxYearAmt
Total$9,565,701TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,646,810CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,309,413CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,804,409CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,830,909CurrentTaxYearMinus1YearAmt
Current Tax Year$1,974,160CurrentTaxYearAmt
Total$9,565,701TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$1,927,228SubstantialContributorsTotAmt
Public Support Total170$7,638,473PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$28,766CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$91,293CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$12,957CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$52,392CurrentTaxYearMinus1YearAmt
Current Tax Year$31,098CurrentTaxYearAmt
Total$216,506TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$1,624CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$153CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$172CurrentTaxYearMinus1YearAmt
Current Tax Year$246CurrentTaxYearAmt
Total$2,195TotalAmt
FieldValueIRS element (for citing)
Total Support$9,784,402TotalSupportAmt
Public Support CY1700.78070PublicSupportCY170Pct
Public Support PY1700.76290PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferencePT II LN 10FormAndLineReferenceDesc
ExplanationOTHER INCOME 2020 : 0. 2021: 1624. 2022: 153. 2023: 172. 2024: 246.ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule C IRS990ScheduleC

Other Exempt Purpose Expend OtherExemptPurposeExpendGrp

FieldValueIRS element (for citing)
Filing Organizations Total$2,024,337FilingOrganizationsTotalAmt

Total Exempt Purpose Expend TotalExemptPurposeExpendGrp

FieldValueIRS element (for citing)
Filing Organizations Total$2,024,337FilingOrganizationsTotalAmt

Lobbying Nontaxable Amount LobbyingNontaxableAmountGrp

FieldValueIRS element (for citing)
Filing Organizations Total$251,217FilingOrganizationsTotalAmt

Grassroots Nontaxable GrassrootsNontaxableGrp

FieldValueIRS element (for citing)
Filing Organizations Total$62,804FilingOrganizationsTotalAmt

Tot Lbbyng Grassroot Mns Non Tx TotLbbyngGrassrootMnsNonTxGrp

FieldValueIRS element (for citing)
Filing Organizations Total$0FilingOrganizationsTotalAmt

Tot Lbby Expend Mns Lbbyng Non Tx TotLbbyExpendMnsLbbyngNonTxGrp

FieldValueIRS element (for citing)
Filing Organizations Total$0FilingOrganizationsTotalAmt

Avg Lobbying Nontaxable Amount AvgLobbyingNontaxableAmountGrp

FieldValueIRS element (for citing)
Current Year Minus3$286,832CurrentYearMinus3Amt
Current Year Minus2$263,111CurrentYearMinus2Amt
Current Year Minus1$245,520CurrentYearMinus1Amt
Current Year$251,217CurrentYearAmt
Total$1,046,680TotalAmt
FieldValueIRS element (for citing)
Lobbying Ceiling$1,570,020LobbyingCeilingAmt

Avg Total Lobbying Expend AvgTotalLobbyingExpendGrp

FieldValueIRS element (for citing)
Current Year Minus3$0CurrentYearMinus3Amt
Current Year Minus2$0CurrentYearMinus2Amt
Current Year Minus1$0CurrentYearMinus1Amt
Current Year$0CurrentYearAmt

Avg Grassroots Nontaxable AvgGrassrootsNontaxableGrp

FieldValueIRS element (for citing)
Current Year Minus3$71,708CurrentYearMinus3Amt
Current Year Minus2$65,778CurrentYearMinus2Amt
Current Year Minus1$61,380CurrentYearMinus1Amt
Current Year$62,804CurrentYearAmt
Total$261,670TotalAmt
FieldValueIRS element (for citing)
Grassroots Ceiling$392,505GrassrootsCeilingAmt

Avg Grassroots Lobbying Expend AvgGrassrootsLobbyingExpendGrp

FieldValueIRS element (for citing)
Current Year Minus3$0CurrentYearMinus3Amt
Current Year Minus2$0CurrentYearMinus2Amt
Current Year Minus1$0CurrentYearMinus1Amt
Current Year$0CurrentYearAmt

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$193,874OtherCostOrOtherBasisAmt
Depreciation$154,467DepreciationAmt
Book Value$39,407BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$213,525OtherCostOrOtherBasisAmt
Depreciation$202,072DepreciationAmt
Book Value$11,453BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$74,399OtherCostOrOtherBasisAmt
Depreciation$74,399DepreciationAmt
Book Value$0BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$50,860TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescLEASE LIABILITYDesc
Amt$97,592Amt
FieldValueIRS element (for citing)
Total Liability$97,592TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$2,751,666TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$659,016NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts$87,146DonatedServicesAndUseFcltsAmt
Revenue Not Reported$746,162RevenueNotReportedAmt
Revenue Subtotal$2,005,504RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$2,005,504TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$2,111,483TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$87,146DonatedServicesUseFcltsAmt
Expenses Not Reported$87,146ExpensesNotReportedAmt
Expenses Subtotal$2,024,337ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$2,024,337TotalExpensesPerForm990Amt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Club Dues Or FeesYes (X)ClubDuesOrFeesInd
Written Policy Ref T And E ExpnssYes (1)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (1)SubstantiationRequiredInd
Independent ConsultantYes (X)IndependentConsultantInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
MIGUEL SOTO-CLASS
PRESIDENT$191,000$0$53,100$0$0$0$0$0$15,720$0$259,820$0$0$0
SERGIO MARXUACH
POLICY DIRECTOR, ASSISTANT SECRETARY$140,000$0$20,600$0$0$0$0$0$0$0$160,600$0$0$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BBEFORE FILING THE FORM 990, A FINAL COPY IS SENT TO ALL MEMBERS OF THE BOARD OF DIRECTORS FOR REVIEW. AFTER THE BOARD COMPLETES ITS REVIEW, THE FORM 990 IS SUBMITTED TO THE INTERNAL REVENUE SERVICE.
FORM 990, PART VI, SECTION B, LINE 12CALL EMPLOYEES AND BOARD MEMBERS ARE REQUIRED TO CERTIFY THEIR COMPLIANCE WITH THE ORGANIZATION'S CONFLICT OF INTEREST POLICY ON A YEARLY BASIS AND REPORT ANY POTENTIAL CONFLICTS TO THE BOARD CHAIR.
FORM 990, PART VI, SECTION B, LINE 15PT VI, LINE 15A: THE PRESIDENT'S SALARY IS REVIEWED AND DETERMINED BY THE BOARD OF DIRECTORS. PT VI, LINE 15B: ALL STAFF SALARIES AND BONUSES ARE DETERMINED BY THE PRESIDENT WITH INPUT FROM THE BOARD OF DIRECTORS.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.

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