Sfm Charities INC FY2020 filing

Tax-deductible

San Juan, PR501(c)(3)Human ServicesEIN 66-0900845Revenue $562K in FY2020

On file with the IRSPo Box 21358, 00928-1358 · San Juan, PRTax-exempt since Dec 2019Publicly supported charity — 170(b)(1)(A)(vi)

This page gets seen. Tell your story. Claim this org.

SFM-Charities, Inc. is a nonprofit organization with the purpose of attending underserved and marginalized communities in PR. The United States and its territories with a biopsychosocial approach model The objectives that guide it are: (a) Decrease the incidence and prevalence of degrading poverty within communities by promoting access to education, health, nutrition and adequate housing. (b) Encourage unity and collaboration considering the diversity and social plurality of the communities.

501(c)(3) charity; gifts are tax-deductible.
78¢ of each $1 spent went to programs.
$93K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

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
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 5
filings with a surplus
Average deficit $182K a year · 31% of revenue · last 5 filings
Concern: a surplus in 1 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
78%
of spending
Looks good: 78% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$93K
to officers and key staff · 14% of spending
Looks good: pay to officers and key staff is 14% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
<1 mo
of spending, in cash
Concern: 0.3 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$152K
56% of total assets
Fine: liabilities are 56% of assets; 50% to 65%.
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
$562K
Spent
$643K
To programs
78%
Net assets
$117K
By yearFY2020–FY2024
Revenue
$562K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$562K
FY2021$650K
FY2022$245K
FY2023$446K
FY2024$996K
Expenses
$643K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$643K
FY2021$802K
FY2022$777K
FY2023$626K
FY2024$962K
Net assets
$117K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$117K
FY2021−$35K
FY2022−$276K
FY2023−$409K
FY2024−$436K

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

Form 990 (PDF) Claim
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Dec 2019.

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

Where the money goes

78 cents of each dollar spent went to programs.

Program services 78% · $503K Management & general 22% · $140K

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

Something off? The org can add a note here. Claim this org to fix it.

Who runs it and what they're paid

10 people listed on the 990; $93K paid to officers and key staff.

Part VII, Section A · reportable compensation
Finance Director
$54,900Pt VII · Sec A
$38,200Pt VII · Sec A
Bod Vice President
$0Pt VII · Sec A
Bod Treasurer
$0Pt VII · Sec A
Bod Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Bod Member
$0Pt VII · Sec A
Bod Member
$0Pt VII · Sec A

Maria Medina Rodriguez’s $31K as Finance Director is at the 19th 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 · 3 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Mario Medina Vazquez———$44,000$54,900
Carlos J Gonzalez Santiago————$38,200
Maria Medina Rodriguez$30,900$29,550$24,600$8,650—

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 Sfm Charities INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Claim this org to fix it.

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

Helps poor communities by providing education, health, and housing, fostering unity and diversity.

Questions for Sfm Charities INC

Tap to ask. Sfm Charities INC sees how many people are interested.

Your first name shows with your question. Sfm Charities INC answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

3 programs · $503K · in their own filed words · FY2020
01

Victims of Crime Assistance programe (VOCA) (CIADA POJECT) Sponsored by OJP, the program named con scientize, identify, support, and dignify the elder (CIADA in Spanish) to meet and respond to the physical and emotional needs of those affected by violence, neglect, and abuse.

$428Kprogram expense
02

Other General Program Services and expenses

$68Kprogram expense
03

Secure & Accecible Home

The organization provides these services funded through Corporate and individual donations. Low quality and poor housing spaces are a tangible manifestation of poverty. Besides counseling and referral for temporary and permanent housing for homeless this program seeks to foster alliances between entities dedicated to the reconstruction…

$7Kprogram expense

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$562K
Ln 12
Gifts and grantsLn 1h$562K
Money outPt IX
$643K
Ln 25
Programscol B$503K
Managementcol C$140K
Owns and owesPt X
$117K
net assets · Ln 32
Cash and savingsLn 1–2$15K
Total assetsLn 16$269K
LiabilitiesLn 26$152K
PeoplePt VI, VII
10
listed · VII A
PaidVII A2
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$562K
Government grantsLn 1e$553K
Noncash giftsLn 1g$0
Fundraising eventsLn 1c$0
Total revenueLn 12$562K
Assets in detailPt X, end of year
CashLn 1$15K
Cash and savings togetherLn 1–2$15K
Land, buildings, equipmentLn 10c$214K
Other assetsLn 15$6K
Total assetsLn 16$269K
LiabilitiesLn 26$152K
Net assetsLn 32$117K
OperationsPt I, VI
EmployeesI 515
VolunteersI 642
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$58K$15K
Land, buildings, equipmentLn 10c$79K$214K
Total assetsLn 16$179K$269K
LiabilitiesLn 26$16K$152K
Net assetsLn 32$163K$117K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$96K$96K
Other salaries and wagesLn 7$258K$258K
Other employee benefitsLn 9$0
Payroll taxesLn 10$59K$46K$12K
Management feesLn 11a$6K$6K
Accounting feesLn 11c$4K$4K
Other fees for servicesLn 11g$139K$135K$4K
OccupancyLn 16$8K$4K$4K
Depreciation, depletion and amortizationLn 22$19K$15K$4K
InsuranceLn 23$11K$10K$2K
Other expenses (24a–d)Ln 24$41K$34K$7K$0
Total functional expensesLn 25$643K$503K$140K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $996K$962K$35K−$436K 990 PDF
FY2023 $446K$626K−$180K−$409K 990 PDF
FY2022 $245K$777K−$532K−$276K 990 PDF
FY2021 $650K$802K−$152K−$35K 990 PDF
FY2020 Viewing $562K$643K−$80K$117K 990 PDF

Want to add your own materials alongside these filings? Claim this org

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 $562,227 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $214,339$562,227
I-9 Program service revenue$0
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenuePrior year $214,339$562,227
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $25,365$413,054
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $25,808$229,625
I-18 Total expensesPrior year $51,173$642,679
I-19 Revenue less expensesPrior year $163,166−$80,452
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 $562,227 across 9 lines filed
VIII-1a Federated campaigns$0
VIII-1b Membership dues$0
VIII-1c Fundraising events$0
VIII-1d Related organizations$0
VIII-1e Government grants$552,951
VIII-1f All other contributions, gifts and grants$9,276
VIII-1g Noncash contributions (included above)$0
VIII-1h Total contributions, gifts and grants$562,227
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$562,227
Part IX · Statement of functional expenses $642,679 across 11 lines filed
IX-5 Pay of current officers, directors and key staffManagement $96,083$96,083
IX-7 Other salaries and wagesPrograms $258,429$258,429
IX-9 Other employee benefits$0
IX-10 Payroll taxesPrograms $46,450 · Management $12,092$58,542
IX-11a Management feesManagement $6,500$6,500
IX-11c Accounting feesManagement $4,330$4,330
IX-11g Other fees for servicesPrograms $134,853 · Management $4,175$139,028
IX-16 OccupancyPrograms $4,500 · Management $3,900$8,400
IX-22 Depreciation, depletion and amortizationPrograms $15,350 · Management $3,838$19,188
IX-23 InsurancePrograms $9,507 · Management $1,898$11,405
IX-24 Other expenses (24a–d)Programs $33,952 · Management $6,822 · Fundraising $0$40,774
IX-25 Total functional expensesPrograms $503,041 · Management $139,638 · Fundraising $0$642,679
Part X · Balance sheet $268,742 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $57,590$15,361
X-4 Accounts receivableStart of year $37,870$33,496
X-10c Land, buildings and equipment, netStart of year $78,854$213,535
X-15 Other assetsStart of year $5,000$6,350
X-16 Total assetsStart of year $179,314$268,742
X-17 Accounts payable and accrued expensesStart of year $16,460$37,831
X-24 Unsecured notes and loans payable$113,900
X-26 Total liabilitiesStart of year $16,460$151,731
X-27 Net assets without donor restrictionsStart of year $141,284−$21,919
X-28 Net assets with donor restrictionsStart of year $21,570$138,930
X-32 Total net assets or fund balancesStart of year $162,854$117,011
X-33 Total liabilities and net assetsStart of year $179,314$268,742
Part XI · Reconciliation of net assets $117,011 net assets at year end
XI-1 Total revenue$562,227
XI-2 Total expenses$642,679
XI-3 Revenue less expenses−$80,452
XI-4 Net assets at start of year$162,854
XI-5 Net unrealized gains (losses) on investments$0
XI-6 Donated services and use of facilities$34,609
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$117,011

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

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.