Ifd INC FY2024 filing
Strengthens nonprofits in Puerto Rico and US Virgin Islands through tailored initiatives. For fiscal year 2024 it reported $808K in revenue, $859K in expenses, and $-12K in net assets.Pt I
- Type
- Public charity (501(c)(3)) · Education
- Location
- Guaynabo, PR
- Filings
- 2 on file (2024–2024)
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Summary of the Filing
Where the work happens
-Promote the development of the Non-Profit Sector of Puerto Rico and the United States Virgin Islands by identifying their individual needs and addressing them through innovative initiatives that increase their resilience and economic competitiveness. - Civic education with the longest and oldest mock elections in the jurisdiction.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Ramon Barquin’s $56K as Executive Director is at the 9th percentile of top reported officer pay among 3393 $1–10M education 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 · 2 named individuals · Part VII
| Name | FY2025 | FY2024 |
|---|---|---|
| Ramon Barquin | $56,078 | $54,000 |
| Alexandra Fernandez | $12,500 | $12,500 |
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.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 97% | — | — |
| Overhead ratio | 3% | — | — |
| Fundraising cost ratio | 0% | — | — |
| Accounting fee ratio | 2% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
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Filings & Schedule Manifest
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Sources
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