Rayito De Esperanza Corp FY2020 filing

Tax-deductible

San Juan, PR501(c)(3)Since 2011Human ServicesEIN 66-0776224Revenue $193K in FY2020

On file with the IRSrayitodeesperanzapr.orgPmb 431 100 Grand Paseo Blvd Ste112, 00926-5955 · San Juan, PRTax-exempt since Sep 2018Publicly supported charity — 170(b)(1)(A)(vi)

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Provide medical program support services to children with cancer and survivors

501(c)(3) charity; gifts are tax-deductible.
50¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

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FY2020 · 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
4 of 6
filings with a surplus
Average surplus $3K a year · 1% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
50%
of spending
Concern: 50% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Cash reserves
8 mo
of spending, in cash
Looks good: 7.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $3K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$4K
1% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
9
of 9 voting members
Looks good: 9 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$193K
Spent
$128K
To programs
50%
Net assets
$277K
By yearFY2020–FY2025
Revenue
$193K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$193K
FY2021$331K
FY2022$341K
FY2023$373K
FY2024$470K
FY2025$211K
Expenses
$128K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$128K
FY2021$376K
FY2022$386K
FY2023$367K
FY2024$459K
FY2025$181K
Net assets
$277K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$277K
FY2021$308K
FY2022$345K
FY2023$351K
FY2024$317K
FY2025$347K

From the FY2020 Form 990 · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Sep 2018.

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

Where the money goes

50 cents of each dollar spent went to programs.

Program services 50% · $64K Management & general 13% · $17K Fundraising 37% · $48K

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

1 person listed on the 990.

Part VII, Section A · reportable compensation
Executive Director
$0Pt VII · Sec A

Liliana Aponte’s $20K as Executive Director is at the 11th percentile of top reported officer pay among 2168 $100K–1M human services 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

NameFY2025FY2024FY2023FY2022FY2021
Liliana Aponte$20,000$9,749$6,000$5,500$4,448

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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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

Supports medical programs for children with cancer and survivors.

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Provided by the organization

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3 programs · $64K · in their own filed words · FY2020
01

Cancer treatments are long, aggressive and expensive. They require continuous visits to the hospital or health centers and extensive care at home. This can make it difficult for families to have access to what they need because they do not have sufficient financial resources.

$29Kprogram expense
02

An important part of receiving good medical care is for children with cancer to attend all their medical appoints. With this purpose in mind, we devised the rayito sobre ruedas program to be able to provide children with cancer patients with the necessary transportation so they will not miss any of their medical appointments.

$22Kprogram expense
03

The Rayito de Esperanza Foundation offers the ''Alexandra Centeno Sierra educational program'', wich currently benefits child cancer patients and survivors who, after overcoming the disease, need financial resources to defray the costs of their education.

$13Kprogram 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 · FY2023
Total grants receivedfrom 2 funders$3K

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$193K
Ln 12
Other incomeLn 4–11$193K
Money outPt IX
$128K
Ln 25
Programscol B$64K
Managementcol C$17K
Fundraisingcol D$48K
Owns and owesPt X
$277K
net assets · Ln 32
Cash and savingsLn 1–2$83K
Total assetsLn 16$281K
LiabilitiesLn 26$4K
PeoplePt VI, VII
1
listed · VII A
PaidVII A0
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Fundraising eventsLn 1c$0
Other incomeLn 4–11$193K
Total revenueLn 12$193K
Assets in detailPt X, end of year
CashLn 1$83K
Cash and savings togetherLn 1–2$83K
Land, buildings, equipmentLn 10c$29K
Other assetsLn 15$169K
Total assetsLn 16$281K
LiabilitiesLn 26$4K
Net assetsLn 32$277K
OperationsPt I, VI
EmployeesI 50
VolunteersI 69
Fiscal year endsHeaderDecember
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 FY20End FY20
Cash and savingsLn 1–2$17K$83K
Land, buildings, equipmentLn 10c$38K$29K
Total assetsLn 16$217K$281K
LiabilitiesLn 26$4K$4K
Net assetsLn 32$213K$277K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0$0
Grants to domestic individualsLn 2$0$0
Grants and assistance to foreign recipientsLn 3$0$0
Benefits paid to or for membersLn 4$0$0
Pay of current officers, directors and key staffLn 5$0$0$0$0
Management feesLn 11a$92K$40K$4K$48K
Advertising and promotionLn 12$9K$9K
Office expensesLn 13$305$305
OccupancyLn 16$6K$6K
Depreciation, depletion and amortizationLn 22$10K$0$10K
InsuranceLn 23$2K$0$2K
Other expenses (24a–d)Ln 24$7K$7K$457$0
All other expensesLn 24e$2K$2K
Total functional expensesLn 25$128K$64K$17K$48K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $211K$181K$29K$347K 990 PDF
FY2024 $470K$459K$11K$317K 990 PDF
FY2023 $373K$367K$6K$351K 990 PDF
FY2022 $341K$386K−$45K$345K 990 PDF
FY2021 $331K$376K−$45K$308K 990 PDF
FY2020 Viewing $193K$128K$64K$277K 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 FY2020 990 (6 parts)
Part I · Summary $192,597 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $700,338$0
I-9 Program service revenue$0
I-10 Investment income$0
I-11 Other revenue$192,597
I-12 Total revenuePrior year $700,338$192,597
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expenses$128,476
I-18 Total expensesPrior year $0$128,476
I-19 Revenue less expensesPrior year $700,338$64,121
Part VI · Governance 9 of 9 board members independent, no flags
VI-1a Voting members of the governing body9
VI-1b Independent voting members9
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 $192,597 across 4 lines filed
VIII-1c Fundraising events$0
VIII-1h Total contributions, gifts and grants$0
VIII-8 Net income from fundraising eventsUnrelated business $0 · Excluded from tax $192,597$192,597
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $192,597$192,597
Part IX · Statement of functional expenses $128,476 across 13 lines filed
IX-1 Grants to domestic organizationsPrograms $0$0
IX-2 Grants to domestic individualsPrograms $0$0
IX-3 Grants and assistance to foreign recipientsPrograms $0$0
IX-4 Benefits paid to or for membersPrograms $0$0
IX-5 Pay of current officers, directors and key staffPrograms $0 · Management $0 · Fundraising $0$0
IX-11a Management feesPrograms $40,087 · Management $3,892 · Fundraising $47,542$91,521
IX-12 Advertising and promotionPrograms $9,025$9,025
IX-13 Office expensesManagement $305$305
IX-16 OccupancyPrograms $6,350$6,350
IX-22 Depreciation, depletion and amortizationPrograms $0 · Management $9,675$9,675
IX-23 InsurancePrograms $0 · Management $2,386$2,386
IX-24 Other expenses (24a–d)Programs $6,966 · Management $457 · Fundraising $0$7,423
IX-24e All other expensesPrograms $1,791$1,791
IX-25 Total functional expensesPrograms $64,219 · Management $16,715 · Fundraising $47,542$128,476
Part X · Balance sheet $280,783 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $16,892$82,688
X-10c Land, buildings and equipment, netStart of year $38,462$28,787
X-15 Other assetsStart of year $161,307$169,308
X-16 Total assetsStart of year $216,661$280,783
X-17 Accounts payable and accrued expensesStart of year $3,732$3,733
X-26 Total liabilitiesStart of year $3,732$3,733
X-27 Net assets without donor restrictionsStart of year $212,929$277,050
X-28 Net assets with donor restrictionsStart of year $0$0
X-32 Total net assets or fund balancesStart of year $212,929$277,050
X-33 Total liabilities and net assetsStart of year $216,661$280,783
Part XI · Reconciliation of net assets $277,050 net assets at year end
XI-1 Total revenue$192,597
XI-2 Total expenses$128,476
XI-3 Revenue less expenses$64,121
XI-4 Net assets at start of year$212,929
XI-5 Net unrealized gains (losses) on investments$0
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments$0
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$277,050

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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