Nonprofit · EIN 88-2305550
CORPORACION PARA EL DESARROLLO DE ESCUELAS ALIANZAS DE PR
Also known as DAVID FRONTERA MBR
Tax-exempt · SAN JUAN, PR 00907
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2024 | 990 | $826,086 | $1,991,207 | -$1,165,121 | $17,154,170 | $23,779,947 | -$6,625,777 |
| December 31, 2023 | 990 | $947,986 | $6,413,641 | -$5,465,655 | $926,451 | $6,387,106 | -$5,460,655 |
| December 31, 2022 | 990-EZ | – | – | – | $0 | – | $0 |
Financial details: 990 for the year ended June 30, 2024
Revenue
- Contributions, gifts and grants
- $826,086
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $105,000
- Salaries, compensation and benefits (total)
- $105,000
- Professional fundraising fees
- $0
- Program services (functional)
- $1,873,084
- Management and general (functional)
- $118,123
Balance sheet and other
- Total assets, start of year
- $1,892,536
- Total assets, end of year
- $17,154,170
- Total liabilities, end of year
- $23,779,947
- Net assets, end of year
- -$6,625,777
- Land, buildings and equipment
- $15,400,346
- Gross receipts
- $826,086
- Employees
- 0
- Year formed
- 2022
- 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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVID FRONTERA | PRESIDENT Former | 20 | $0 |
| MIREILY DECLET | MEMBER Officer | 30 | $0 |
| CHRISTINE AVILA | MEMBER Officer | 40 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MIREILY DECLET | MEMBER | 30 | $21,898 |
| CHRISTINE AVILA | MEMBER Officer | 40 | $20,618 |
| DAVID FRONTERAS | PRESIDENT Former | 20 | $9,230 |
990-EZ for the year ended December 31, 2022: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BEN CRUSE | BOARD MEMBER | 30 | $0 |
| DAVID FRONTERA | EXECUTIVE DIRECTOR | 20 | $0 |
Address and contacts
- Address (IRS master file)
- 15 CALLE MARSEILLES 6 5, SAN JUAN, PR 00907-0000
- Principal officer (990 for 2024)
- DAVID FRONTERAS, 100 AVENIDA JUAN PONCE DE LEON, SAN JUAN, PR 00925
- Signed the 990
- LUIS A RODRIGUEZ, PREPARED
- Phone
- (787) 986-4043
- Return prepared by
- DJP CONSULTING LLC
Mission
OUR NBSP;GOAL NBSP;IS NBSP;SIMPLE NBSP;YET NBSP;PROFOUND: NBSP;TO NBSP;PROVIDE NBSP;EVERY NBSP;STUDENT NBSP;WITH NBSP;AN NBSP;UNPARALLELED NBSP;COLLEGE NBSP;PREPARATORY NBSP;EDUCATION NBSP;HOW NBSP;DO NBSP;WE NBSP;ACHIEVE NBSP;THIS NBSP;THROUGH NBSP;A NBSP;BLEND NBSP;OF NBSP;ACADEMIC NBSP;RIGOR NBSP;CHARACTER NBSP;DEVELOPMENT NBSP;AND NBSP;AN NBSP;IMMERSIVE NBSP;MULTILINGUAL NBSP; AMP; NBSP;STEAAMS-BASED NBSP;EDUCATIONAL NBSP;PROGRAM NBSP;WE NBSP;STRIVE NBSP;TO NBSP;ENSURE NBSP;EACH NBSP;STUDENT NBSP;NOT NBSP;ONLY NBSP;EXCELS NBSP;IN NBSP;HIGH NBSP;SCHOOL NBSP;AND NBSP;COLLEGE NBSP;BUT NBSP;THRIVES NBSP;IN NBSP;THE NBSP;WORLD NBSP;BEYOND
Program accomplishments
- PREPARATORY EDUCATION SCHOOLExpenses $1,991,207 · revenue $826,086
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | Not on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 88-2305550
- 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
- 2022
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B29)
- Assets (IRS master file)
- $17,154,170
- Income (IRS master file)
- $826,086
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2024 | $826,086 | $1,991,207 | $17,154,170 | XML |
| 990 | December 2023 | $947,986 | $6,413,641 | $926,451 | XML |
| 990-EZ | December 2022 | – | – | $0 | XML |
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 88-2305550).
Questions about CORPORACION PARA EL DESARROLLO DE ESCUELAS ALIANZAS DE PR
- What is the EIN of CORPORACION PARA EL DESARROLLO DE ESCUELAS ALIANZAS DE PR?
- The employer identification number (EIN) of CORPORACION PARA EL DESARROLLO DE ESCUELAS ALIANZAS DE PR is 88-2305550.
- Is CORPORACION PARA EL DESARROLLO DE ESCUELAS ALIANZAS DE PR tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to CORPORACION PARA EL DESARROLLO DE ESCUELAS ALIANZAS DE PR tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CORPORACION PARA EL DESARROLLO DE ESCUELAS ALIANZAS DE PR 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 CORPORACION PARA EL DESARROLLO DE ESCUELAS ALIANZAS DE PR 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 CORPORACION PARA EL DESARROLLO DE ESCUELAS ALIANZAS DE PR last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2024.
- Who is the principal officer of CORPORACION PARA EL DESARROLLO DE ESCUELAS ALIANZAS DE PR?
- The 990 for the year ended June 30, 2024 names DAVID FRONTERAS.
- Who are the officers and directors of CORPORACION PARA EL DESARROLLO DE ESCUELAS ALIANZAS DE PR?
- The 990 for the year ended June 30, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does CORPORACION PARA EL DESARROLLO DE ESCUELAS ALIANZAS DE PR have?
- On its 990 for the year ended June 30, 2024 it reported revenue of $826,086, expenses of $1,991,207 and total assets of $17,154,170 at year end.
Other nonprofits in SAN JUAN
- EVERGLADES COLLEGE INC EIN 65-0216638 · last filed 990 for 2024
- INTER AMERICAN UNIVERSITY OF PUERTO RICO EIN 66-0177776 · last filed 990 for 2025
- SISTEMA UNIVERSITARIO ANA G MENDEZ INCORPORADO EIN 66-0201206 · last filed 990 for 2025
- EDP UNIVERSITY OF PUERTO RICO INC EIN 66-0277132 · last filed 990 for 2025
- UNIVERSIDAD POLITECNICA DE PUERTO RICO INC EIN 66-0362666 · last filed 990 for 2025
- UNIVERSIDAD DEL SAGRADO CORAZON INC EIN 66-0207156 · last filed 990 for 2025
- CARLOS ALBIZU UNIVERSITY INC EIN 66-0234412 · last filed 990 for 2025
- SAINT JOHNS SCHOOL EIN 66-0199364 · last filed 990 for 2025