Echar PA Lante INC EIN 66-1062314

Echar PA Lante INC

EIN  66-1062314 Public charity (501(c)(3)) San Juan, PR Founded 2024
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Drives socio-economic prosperity in Puerto Rico through multi-sector initiatives and research.
Leadership
Gloria Viscasillas · Executive Di · $100K
Money in and out
$370K revenue, $286K expenses
Bottom line
50% program efficiency

Drives socio-economic prosperity in Puerto Rico through multi-sector initiatives and research. For fiscal year 2024 it reported $370K in revenue, $286K in expenses, and $400K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$370K
Pt VIII · Ln 12
Total expenses
$286K
Pt IX · Ln 25
Net assets
$400K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $84K
Where spending went · Part IX cols B–D
Program services $0.50 Management & general $0.50
Program efficiency
50%
of spending reaches programs▼ -50% vs prior filing year
Operating runway
8.4mo
months of highly liquid reserves at operating expense rate▼ -95% vs prior filing year
Surplus margin
+23%
revenue over expenses, this year▼ -76% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$370K
FY2024▲ +54%
Expenses
$286K
FY2024▲ ×17
Total assets
$409K
FY2024▲ +80%
Total liabilities
$9K
FY2024▲ +111%
Total revenue
$370K
Pt VIII · Ln 12
Total expenses
$286K
Pt IX · Ln 25
Net assets
$400K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$84K
Total assetsPt X · Ln 16$409K
Program-expense ratioPt IX · col B50%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43
Mission & Programs · Part III

Where the work happens

3 program services account for $143K of program spending, described in the organization's own filed words · FY2024.
01

Basic and Advanced Mentoring

Program designed to offer professionals who SUPPORT/SERVE entrepreneurs tools for mentoring, coaching and advising participants in start-ups and established businesses workshops and one-on- one support.

$74Kprogram expense
02

Global Entrepreneurship Congress (gec)

In 2025 echar pa'lante coordinated puerto rico's delegation to the global entrepreneurship congress held in indianapolis, co-facilitated training workshops on entrepreneurship education sharing the model to transform into the enterprisig island while developing schools, colleges and municipalities as enterprising communities, and hosted…

$69Kprogram expense
03

Implementation of school level (k-12) ecosystem designed to develop skills for the future in the whole school community including school directors and teachers, students, parents and surrounding neighborhood collaborators consistin of 7 essential components: teacher training, student training, student entrepreneurship clubs, youth…

Pt IX · col B

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CEchar PA Lante INC
EINHdr · item D66-1062314
Principal addressHdr · item CSan Juan, PR
WebsiteHdr · item Jwww.echarpalante.com
Year of formationHdr · item L2024
State of legal domicileHdr · item MPR
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFCommunity Development (S31)
Ruling yearIRS BMFJul 2026

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
Executive Di
$100,000Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants100%$370K
— government grantsLn 1e$125K
Total revenueLn 12$370K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.50 Management & general $0.50
Program services50%$143K
Management & general50%$143K
Total functional expensesLn 25$286K

Balance Sheet

Part X · end of year
CashLn 1$199K
Total assetsLn 16$409K
Total liabilitiesLn 26$9K
Total net assetsLn 32$400K
Months of cash on handcomputed8.4

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $199K · Operating expenses/yr $286K
8.4 months
Where the money goes
Program services
Program services $143K · Total expenses $286K
50%
Management & General
Management & general $143K · Total expenses $286K
50%
Fundraising
Fundraising $0 · Total expenses $286K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $243K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $370K · Total revenue $370K
100%
Government reliance
Government grants $125K · Total revenue $370K
34%
Earned-income share
Program service revenue $0 · Total revenue $370K
0%
Investment reliance
Investment income $0 · Total revenue $370K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $286K
0%
Growth & trend
Revenue growth (YoY)
This year $370K · Prior year $240K
+54%
Net-asset trend (YoY)
End of year $400K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $370K · Expenses $286K
+23%
Liabilities-to-Assets
Total liabilities — · Total assets $409K
Net-asset ratio
Net assets $400K · Total assets $409K
98%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $409K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Gloria Viscasillas · Reported title EXECUTIVE DI · Highest reported compensation $100K · Total expenses $286K
35%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $100K · Total expenses $286K
35%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 50%
Overhead ratio 50%
Revenue growth 54%

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

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024$240K 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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