Fundacion Alma De Bahia EIN 66-0830558

Fundacion Alma De Bahia

EIN  66-0830558 Public charity (501(c)(3)) Rio Grande, PR
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Protects natural resources and wildlife through education and community conservation efforts.
Leadership
Rolando Padua · President
Money in and out
$399K revenue, $346K expenses
Bottom line
87% program efficiency

Protects natural resources and wildlife through education and community conservation efforts. For fiscal year 2024 it reported $399K in revenue, $346K in expenses, and $172K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$399K
Pt VIII · Ln 12
Total expenses
$346K
Pt IX · Ln 25
Net assets
$172K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $53K
Where spending went · Part IX cols B–D
Program services $0.87 Management & general $0.13
Program efficiency
87%
of spending reaches programs▲ +18% vs prior filing year
Operating runway
3.8mo
months of highly liquid reserves at operating expense rate▲ +100% vs prior filing year
Surplus margin
+13%
revenue over expenses, this year▲ +148% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$399K
FY20240%
Expenses
$346K
FY2024▼ -32%
Total assets
$177K
FY2024▲ +46%
Total liabilities
$4K
FY2024▲ +129%
Total revenue
$399K
Pt VIII · Ln 12
Total expenses
$346K
Pt IX · Ln 25
Net assets
$172K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$53K
Total assetsPt X · Ln 16$177K
Program-expense ratioPt IX · col B87%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 42
Mission & Programs · Part III

Where the work happens

3 program services account for $81K of program spending, described in the organization's own filed words · FY2024.
01

Animal Rescue Program

Abandoned and stray cats and dogs are rescued by staff and officers in the Rio Grande, Puerto Rico area. The program provides a safe place for these sick and abandoned animals. More than 770 stray dogs and 480 cats have been rescued and adopted. Volunteers help take care of the animals, find adoptive and foster homes.

$73Kprogram expense
02

Community Activities

Activities with the communities in Rio Grabde, Loiza, Luquillo, San Juan areas. Mostly charitable or environmental educational activities. Support to activities with organizations like the mistreated girls home "Hogar Teresa Toda", Centro Esperanza, the Boys and Girls Club of Loiza, El Yunque Elderly home, Centro Providencia.

$5Kprogram expense
03

Community Programs

The Foundation works together and provides support for community and community organizations like the mistreated girls home "Hogar Teresa Toda", Centro Esperanza, the Boys and Girls Club of Loiza, El Yunque Elderly home, Centro Providencia, Hong Kong neighborhood, mini mini community in Loiza, etc.

$2Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CFundacion Alma De Bahia
EINHdr · item D66-0830558
Principal addressHdr · item CRio Grande, PR
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MPR
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFAnimals (D30)
Ruling yearIRS BMFNov 2019

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b2
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Executive Director
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants100%$399K
Investment income$467
Total revenueLn 12$399K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.87 Management & general $0.13
Program services87%$301K
Management & general13%$45K
Total functional expensesLn 25$346K

Balance Sheet

Part X · end of year
CashLn 1$110K
Total assetsLn 16$177K
Total liabilitiesLn 26$4K
Total net assetsLn 32$172K
Months of cash on handcomputed3.8

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $110K · Operating expenses/yr $346K
3.8 months
Where the money goes
Program services
Program services $301K · Total expenses $346K
87%
Management & General
Management & general $45K · Total expenses $346K
13%
Fundraising
Fundraising $0 · Total expenses $346K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $32K · Solicited contributions (3-yr avg) $416K
$0.08 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $399K · Total revenue $399K
100%
Government reliance
Government grants $0 · Total revenue $399K
0%
Earned-income share
Program service revenue $0 · Total revenue $399K
0%
Investment reliance
Investment income $467 · Total revenue $399K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $346K
0%
Growth & trend
Revenue growth (YoY)
This year $399K · Prior year $401K
0%
Net-asset trend (YoY)
End of year $172K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $399K · Expenses $346K
+13%
Liabilities-to-Assets
Total liabilities — · Total assets $177K
Net-asset ratio
Net assets $172K · Total assets $177K
97%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $177K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Rolando Padua · Reported title President · Highest reported compensation $0 · Total expenses $346K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $251K · Total expenses $346K
72%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 87%
Overhead ratio 13%
Fundraising cost ratio 0%
Revenue growth -0%
Investment management fee ratio 0%
Accounting fee ratio 1%

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.

Grants

Schedule I · received and paid
Grants received · FY2024
Pga Tour INCFY2024$19K
Total grants receivedfrom 3 funders$39K
See all 3 funders →
Grants paid · 4 grants · $42K · 2021–2022
Centro Esperanza INCPR · FY2022$7,500
Hogar TeresaPR · FY2022$7,500
Centro De Conservacion De Manaties Del CaribeFY2021$20,000

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$399K revenue · viewing · ⤓ 990 PDF
FY2023$401K revenue · ⤓ 990 PDF
FY2022$448K revenue · ⤓ 990 PDF
FY2021$252K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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