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Nonprofit · EIN 66-0243651

FAJARDO ACADEMY FEDERICO GARCIA 55 ESQ DEL CARMEN

Tax-exempt · FAJARDO, PR 00738

Financials

$746K$844K2022
Revenue Expenses · by fiscal year end
Financials of FAJARDO ACADEMY FEDERICO GARCIA 55 ESQ DEL CARMEN by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2023990$746,406$844,472-$98,066$991,056$985,815$5,241
Financial details: 990 for the year ended June 30, 2023

Revenue

Contributions, gifts and grants
$78,961
of which government grants
$78,961
Program service revenue
$667,445
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$520,979
Salaries, compensation and benefits (total)
$576,863
Professional fundraising fees
$0
Legal fees
$8,478
Accounting fees
$7,625
Occupancy
$2,175
Depreciation
$52,381
Program services (functional)
$828,369
Management and general (functional)
$16,103

Balance sheet and other

Total assets, start of year
$1,137,509
Total assets, end of year
$991,056
Total liabilities, end of year
$985,815
Net assets, end of year
$5,241
Land, buildings and equipment
$743,095
Gross receipts
$746,406
Employees
37
Year formed
1963
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, 2023, highest compensation first.

NameTitleHours / weekCompensation
FELIPE MELENDEZPRESIDENT
Officer
5$0
BEDDY MONTALVOVOCAL
Officer
3$0
ARELNE GONZALEZSECRETARY
Officer
3$0
GIL NIEVESVICE PRESIDENT
Officer
3$0
XIAMARA MELENDEZVOCAL
Officer
3$0
KENIA MALDONADOVOCAL
Officer
3$0

Address and contacts

Address (IRS master file)
PO BOX 1146, FAJARDO, PR 00738-1146
Principal officer (990 for 2022)
FELIPE MELENDEZ, CALLE FEDERICO GARCIA, FAJARDO, PR 00738
Signed the 990
FELIPE MELENDEZ, PRESIDENT
Phone
(787) 863-1001
Return prepared by
CIRINO & CO CPA PSC

Mission

Collaborating with parents to provide the comprehensive development of students, inform the essential values of society through education accessible to anyone who needs it, inform the core values of society through education

990 for the year ended June 30, 2023

Program accomplishments

  • Fajardo Academy, an urban, parent-owned, non-profit, non-sectarian, co-educational, private day school exists or provides a quality integral education at elementary and secondary levels for college-oriented students of average and above average ability. The Academy is dedicated to prepare students for roles of intellectual ethic, civic and professional leadership. It draws upon a demographic tradition of quality education, characterized by an objective ???yet positive??? view of humanity. Fajardo Academy seeks the education of a well-informed, discerning and responsible citizen, useful to society.
    Expenses $828,369 · grants $78,961 · revenue $667,445

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, 2025Check at the IRS
2023June 30, 2024November 15, 2024Check at the IRS

IRS record

EIN
66-0243651
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
School
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2021
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B20)
Assets (IRS master file)
$889,992
Income (IRS master file)
$780,920

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2023$746,406$844,472$991,056XML

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 66-0243651).

Questions about FAJARDO ACADEMY FEDERICO GARCIA 55 ESQ DEL CARMEN

What is the EIN of FAJARDO ACADEMY FEDERICO GARCIA 55 ESQ DEL CARMEN?
The employer identification number (EIN) of FAJARDO ACADEMY FEDERICO GARCIA 55 ESQ DEL CARMEN is 66-0243651.
Is FAJARDO ACADEMY FEDERICO GARCIA 55 ESQ DEL CARMEN tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
Are donations to FAJARDO ACADEMY FEDERICO GARCIA 55 ESQ DEL CARMEN tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FAJARDO ACADEMY FEDERICO GARCIA 55 ESQ DEL CARMEN 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 FAJARDO ACADEMY FEDERICO GARCIA 55 ESQ DEL CARMEN 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 FAJARDO ACADEMY FEDERICO GARCIA 55 ESQ DEL CARMEN last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2023.
Who is the principal officer of FAJARDO ACADEMY FEDERICO GARCIA 55 ESQ DEL CARMEN?
The 990 for the year ended June 30, 2023 names FELIPE MELENDEZ.
Who are the officers and directors of FAJARDO ACADEMY FEDERICO GARCIA 55 ESQ DEL CARMEN?
The 990 for the year ended June 30, 2023 lists 6 people; 0 received compensation from the organization.
How much revenue does FAJARDO ACADEMY FEDERICO GARCIA 55 ESQ DEL CARMEN have?
On its 990 for the year ended June 30, 2023 it reported revenue of $746,406, expenses of $844,472 and total assets of $991,056 at year end.

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