Haser INC EIN 66-0861655 Form 990 (PDF) Claim this org

Haser INC FY2021 filing

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Improves lives in Puerto Rico with community projects promoting equity and well-being. For fiscal year 2021 it reported $915K in revenue, $883K in expenses, and $197K in net assets.Pt I

Type
Public charity (501(c)(3)) · Community Development
Location
San Juan, PR
Website
www.hasercambio.org
Filings
5 on file (2020–2021)
Revenue
$915KFY2021
Expenses
$883K
Net assets
$197K
People
3
Filings
5
Updates
0
More identity details & actions ⌄
EIN  66-0861655 Public charity (501(c)(3)) San Juan, PR
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →
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Figures match the IRS filing checked 9/3/26 · see original: IRS
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Size
$1–10M
What they do
Improves lives in Puerto Rico with community projects promoting equity and well-being.
Leadership
Money in and out
$915K revenue, $883K expenses
Bottom line
73% program efficiency
Where the money goes · FY2021
Total revenue
$915K
Pt VIII · Ln 12
Total expenses
$883K
Pt IX · Ln 25
Net assets
$197K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $32K
Where spending went · Part IX cols B–D
Program services $0.73 Management & general $0.27
Program efficiency
73%
of spending reaches programs
Operating runway
15.4mo
months of highly liquid reserves at operating expense rate
Surplus margin
+3%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$915K
FY2021▲ +2%
Expenses
$883K
FY2021▲ +6%
Total assets
$1.1M
FY2021▲ +13%
Total liabilities
$948K
FY2021▲ +12%
Total revenue
$915K
Pt VIII · Ln 12
Total expenses
$883K
Pt IX · Ln 25
Net assets
$197K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$32K
Total assetsPt X · Ln 16$1.1M
Program-expense ratioPt IX · col B73%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CHaser INC
EINHdr · item D66-0861655
Principal addressHdr · item CSan Juan, PR
WebsiteHdr · item Jwww.hasercambio.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MPR
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFCommunity Development (S50)
Ruling yearIRS BMFJul 2016

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

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

Colibri Sanfiorenzo-Barnhard’s $71K as Executive Dir. is at the 8th percentile of top reported officer pay among 2834 $1–10M community development 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 · 4 named individuals · Part VII

NameFY2024FY2023FY2022
Colibri Sanfiorenzo-Barnhard$71,364$73,300$52,315
Kristia P Gonzalez Sanchez$53,844
Ury N Vega Gonzalez$51,264
Anahi Lazarte Morales$31,161

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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Mission & Programs · Part III

Where the work happens

1 program service account for $644K of program spending, described in the organization's own filed words · FY2021.
01

In 2021 HASER Projects continued to focus on education and social actions that transform communities that have been historically marginalized by creating more equitable opportunities for all. Our largest projects focused on food deserts access to basic human energy needs and community services in rural towns.

$644Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$870K · 95%
Other revenue$43K · 5%
Contributions & grants95%$870K
Other revenue5%$43K
Investment income$3K
Total revenueLn 12$915K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.73 Management & general $0.27
Program services73%$644K
Management & general27%$240K
Total functional expensesLn 25$883K

Balance Sheet

Part X · end of year
CashLn 1$1.1M
Total assetsLn 16$1.1M
Total liabilitiesLn 26$948K
Total net assetsLn 32$197K
Months of cash on handcomputed15.4

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.1M · Operating expenses/yr $883K
15.4 months
Where the money goes
Program services
Program services $644K · Total expenses $883K
73%
Management & General
Management & general $240K · Total expenses $883K
27%
Fundraising
Fundraising $0 · Total expenses $883K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $853K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $870K · Total revenue $915K
95%
Government reliance
Government grants $0 · Total revenue $915K
0%
Earned-income share
Program service revenue $0 · Total revenue $915K
0%
Investment reliance
Investment income $3K · Total revenue $915K
+0.3%
Program self-sufficiency
Program service revenue $0 · Total expenses $883K
0%
Growth & trend
Revenue growth (YoY)
This year $915K · Prior year $898K
+2%
Net-asset trend (YoY)
End of year $197K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $915K · Expenses $883K
+3%
Liabilities-to-Assets
Total liabilities — · Total assets $1.1M
Net-asset ratio
Net assets $197K · Total assets $1.1M
17%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $1.1M
0%
People & payroll
Highest Reported Total Compensation
Individual Edgardo Gonzalez Gonzalez · Reported title President · Highest reported compensation $0 · Total expenses $883K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $290K · Total expenses $883K
33%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 73%
Overhead ratio 27%
Fundraising cost ratio 0%
Revenue growth 2%
Investment management fee ratio 0%
Legal fee ratio 0.9%
Accounting fee ratio 0.9%
Fundraising fee ratio 0%

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
Tides CenterFY2024$826K
Ford FoundationFY2024$45K
Total grants receivedfrom 13 funders$2.5M
See all 13 funders →
Grants paid · 19 grants · $2.1M · 2020–2024
Casa Pueblo De Adjuntas INCFY2024$373,966
Brigada Solidaria Del OesteFY2024$60,200
ArecmaFY2024$11,400
Federacion De Maestros De PRFY2024$8,752
Casa Pueblo De Adjuntas INCFY2023$266,794
Brigada Solidaria Del OesteFY2023$40,103
ArecmaFY2023$30,288
Federacion De Maestros De PRFY2022$288,020
Casa Pueblo De Adjuntas INCFY2022$251,669
ArecmaFY2022$47,703
Brigada Solidaria Del OesteFY2022$11,980
Casa Pueblo De Adjuntas INCFY2021$215,129
ArecmaFY2021$87,008
ArecmaFY2020$128,055
Casa Pueblo De Adjuntas INCFY2020$120,479
See all 19 grants →

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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)$2.2M revenue · ⤓ 990 PDF
FY2023$5.2M revenue · ⤓ 990 PDF
FY2022$1.8M revenue · ⤓ 990 PDF
FY2021$915K revenue · viewing · ⤓ 990 PDF
FY2020$898K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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