Intercambios Puerto Rico INC

Tax-deductible

Fajardo, PR501(c)(3)Since 2009Health CareEIN 66-0731885Revenue $1.3M in FY2025

On file with the IRSintercambiospr.com165 Calle Diego Zalduondo 2nd Floor, 00738-0000 · Fajardo, PRTax-exempt since Feb 2012Publicly supported charity — 170(b)(1)(A)(vi)

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Non-government organization focused on reducing the harms of drug use. We advocate for the social integration of marginalized groups, including drug users, homeless people and sex workers through programs and activities in services, education and more.

501(c)(3) charity; gifts are tax-deductible.
95¢ of each $1 spent went to programs.
Run by 2 volunteers and 23 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 4
filings with a surplus
Average surplus $68K a year · 4% of revenue · last 4 filings
Worth a look: a surplus in 2 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
95%
of spending
Looks good: 95% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$94K
to officers and key staff · 5% of spending
Top officer’s pay lower than 82% of similar orgs
Looks good: pay to officers and key staff is 5% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
11 mo
of spending, in cash
Looks good: 10.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $87K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$1.8M
82% of total assets
Concern: liabilities are 82% of assets; over 80%.
Pt X · Ln 26
Independent board members
13
of 13 voting members
Looks good: 13 of 13 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.3M
-42% vs prior year
Spent
$1.8M
To programs
95%
Net assets
$397K
By yearFY2022–FY2025
Revenue
$1.3M
FY2025▼ -42%
Tap a bar for its year
Revenue by fiscal year
FY2022$1.6M
FY2023$1.8M
FY2024$2.2M
FY2025$1.3M
Expenses
$1.8M
FY2025▲ +17%
Tap a bar for its year
Expenses by fiscal year
FY2022$1.7M
FY2023$1.7M
FY2024$1.5M
FY2025$1.8M
Net assets
$397K
FY2025▼ -63%
Tap a bar for its year
Net assets by fiscal year
FY2022$288K
FY2023$324K
FY2024$1.1M
FY2025$397K

From the FY2025 Form 990 (year ending June 2025) · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Feb 2012.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

95 cents of each dollar spent went to programs.

Program services 95% · $1.7M Management & general 5% · $94K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

14 people listed on the 990; $94K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Executive Di
$93,502Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Rafael Torruella’s $94K as Executive Di is at the 18th percentile of top reported officer pay among 3128 $1–10M health care nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022
Rafael Torruella$93,502$92,972$92,075$80,470

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Intercambios Puerto Rico INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Integrates marginalized groups through harm reduction services, education, advocacy, and research.

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Provided by the organization

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3 programs · $1.3M · in their own filed words · FY2024
01

Viiv Mh

Grant to support hiv-focused community health and mental health initiatives.

$525Kprogram expense
02

Samhsa gbhi (grant for the benefit of homeless individuals) - grant to provide services to homeless individuals and families that suffer from problematic drug use and co-ocurring mental health conditions.

$500Kprogram expense
03

Samhsa Bcor (building Communities of Recovery)

Grant to support community-based recovery services for individuals with substance use disorders and co-occurring mental health conditions.

$300Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$87K

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$1.3M
Ln 12
Gifts and grantsLn 1h$1.3M
Other incomeLn 4–11$14K
Money outPt IX
$1.8M
Ln 25
Programscol B$1.7M
Managementcol C$94K
Owns and owesPt X
$397K
net assets · Ln 32
Cash and savingsLn 1–2$1.6M
Total assetsLn 16$2.2M
LiabilitiesLn 26$1.8M
PeoplePt VI, VII
14
listed · VII A
PaidVII A1
Voting boardVI 1a13
IndependentVI 1b13
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.3M
Government grantsLn 1e$6K
Other incomeLn 4–11$14K
Total revenueLn 12$1.3M
Assets in detailPt X, end of year
CashLn 1$1.6M
Cash and savings togetherLn 1–2$1.6M
Land, buildings, equipmentLn 10c$219K
Other assetsLn 15$12K
Total assetsLn 16$2.2M
LiabilitiesLn 26$1.8M
Net assetsLn 32$397K
OperationsPt I, VI
EmployeesI 523
VolunteersI 62
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$1.1M$1.6M
Land, buildings, equipmentLn 10c$224K$219K
Total assetsLn 16$2.0M$2.2M
LiabilitiesLn 26$980K$1.8M
Net assetsLn 32$1.1M$397K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$94K$94K
Other salaries and wagesLn 7$805K$805K
Other employee benefitsLn 9$127K$127K
Payroll taxesLn 10$99K$99K
Management feesLn 11a$106K$106K
Other fees for servicesLn 11g$207K$207K
Office expensesLn 13$103K$103K
OccupancyLn 16$28K$28K
TravelLn 17$7K$7K
Depreciation, depletion and amortizationLn 22$50K$50K
InsuranceLn 23$13K$13K
Other expenses (24a–d)Ln 24$65K$65K
All other expensesLn 24e$49K$49K
Total functional expensesLn 25$1.8M$1.7M$94K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $1.3M$1.8M−$453K$397K 990 PDF
FY2024 $2.2M$1.5M$740K$1.1M 990 PDF
FY2023 $1.8M$1.7M$36K$324K 990 PDF
FY2022 $1.6M$1.7M−$52K$288K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (6 parts)
Part I · Summary $1,300,440 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $2,234,619$1,286,284
I-9 Program service revenue$0
I-10 Investment incomePrior year $1,815$0
I-11 Other revenue$14,156
I-12 Total revenuePrior year $2,236,434$1,300,440
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $1,010,394$1,124,534
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $485,999$628,489
I-18 Total expensesPrior year $1,496,393$1,753,023
I-19 Revenue less expensesPrior year $740,041−$452,583
Part VI · Governance 13 of 13 board members independent, no flags
VI-1a Voting members of the governing body13
VI-1b Independent voting members13
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,300,440 across 5 lines filed
VIII-1d Related organizations$1,279,953
VIII-1e Government grants$6,331
VIII-1h Total contributions, gifts and grants$1,286,284
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $14,156$14,156
VIII-12 Total revenueRelated to mission $14,156$1,300,440
Part IX · Statement of functional expenses $1,753,023 across 13 lines filed
IX-5 Pay of current officers, directors and key staffManagement $93,502$93,502
IX-7 Other salaries and wagesPrograms $804,539$804,539
IX-9 Other employee benefitsPrograms $127,218$127,218
IX-10 Payroll taxesPrograms $99,275$99,275
IX-11a Management feesPrograms $105,981$105,981
IX-11g Other fees for servicesPrograms $206,780$206,780
IX-13 Office expensesPrograms $103,098$103,098
IX-16 OccupancyPrograms $28,150$28,150
IX-17 TravelPrograms $7,060$7,060
IX-22 Depreciation, depletion and amortizationPrograms $50,264$50,264
IX-23 InsurancePrograms $13,369$13,369
IX-24 Other expenses (24a–d)Programs $64,951$64,951
IX-24e All other expensesPrograms $48,836$48,836
IX-25 Total functional expensesPrograms $1,659,521 · Management $93,502 · Fundraising $0$1,753,023
Part X · Balance sheet $2,173,091 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $1,129,015$1,556,039
X-4 Accounts receivableStart of year $572,868$368,162
X-9 Prepaid expenses and deferred chargesStart of year $96,817$18,309
X-10c Land, buildings and equipment, netStart of year $223,570$218,787
X-15 Other assetsStart of year $21,491$11,794
X-16 Total assetsStart of year $2,043,761$2,173,091
X-17 Accounts payable and accrued expensesStart of year $327,648$106,295
X-24 Unsecured notes and loans payableStart of year $611,289$1,474,440
X-25 Other liabilitiesStart of year $40,819$195,645
X-26 Total liabilitiesStart of year $979,756$1,776,380
X-32 Total net assets or fund balancesStart of year $1,064,005$396,711
X-33 Total liabilities and net assetsStart of year $2,043,761$2,173,091
Part XI · Reconciliation of net assets $396,711 net assets at year end
XI-1 Total revenue$1,300,440
XI-2 Total expenses$1,753,023
XI-3 Revenue less expenses−$452,583
XI-4 Net assets at start of year$1,064,005
XI-8 Prior period adjustments−$214,711
XI-10 Net assets at end of year$396,711

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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