Mission
Provide services that empower the sound management and sustainability of non-profit organizations through our team of volunteers, professionals and students.
Ruling year
2010
Executive Director
Sonia M. Carrasquillo
Main address
Po Box 192726
San Juan, PR 00919 USA
EIN
66-0701458
NTEE code
Management & Technical Assistance (S02)
Adult, Continuing Education (B60)
IRS filing requirement
This organization is required to file an IRS Form 990 or 990-EZ.
Sign in or create an account to view Form(s) 990 for 2021, 2020 and 2019.
Register now
Communication
Programs and results
What we aim to solve
The misinformation in the third sector in matters of administration, accounting and fiscal compliance.
Our programs
What are the organization's current programs, how do they measure success, and who do the programs serve?
Training Program
It addresses the specialized knowledge needs of Nonprofit Organizations. This program offers workshops in the areas of accounting, administration and compliance. Our workshops have a practical teaching approach so that they can be applied within the work environment
Technical Assistance Program
It consists of the direct intervention of an advisor to deal with the administrative and fiscal matters of Non-Profit Organizations, by referring to CPA or other professionals who have the expertise to offer the service. Similarly, through this program, reports on use and compliance are made to social investors.
Asesores Financieros Universitarios (AFU)
It's created with the purpose of supporting Non-Profit Organizations (NPOs) in improving their administrative processes. In it, the participation of university students of Business Administration, Accounting, Finance or Human Resources in the NPOs is encouraged, who can gain practical experience that will help them strengthen their professional development and technical knowledge. Thus arousing interest in NPOs in them, serving as volunteers and as a possible employment option.
Where we work
Affiliations & memberships
United Way Member Agency
External reviews
Photos
Videos
Our results
How does this organization measure their results? It's a hard question but an important one.
Number of conferences held
This metric is no longer tracked.Totals By Year
Population(s) Served
Adults
Related Program
Training Program
Type of Metric
Output - describing our activities and reach
Direction of Success
Increasing
Context Notes
The Training Program provides various workshops to NPO professionals in various topics including accounting, administration and compliance.
Number of conference attendees
This metric is no longer tracked.Totals By Year
Population(s) Served
Adults
Related Program
Training Program
Type of Metric
Output - describing our activities and reach
Direction of Success
Increasing
Context Notes
The Training program workshop attendees are NPO professionals with the goal of improving their skills to help the NPOs they work with.
Maximum number of participants allowed to attend conferences
This metric is no longer tracked.Totals By Year
Population(s) Served
Adults
Related Program
Training Program
Type of Metric
Output - describing our activities and reach
Direction of Success
Holding steady
Context Notes
The Educational Model of AFC provides the appropriate amount of participants for the workshops to be efficient and effective.
Number of organizations accessing technical assistance offerings
This metric is no longer tracked.Totals By Year
Population(s) Served
Adults
Related Program
Technical Assistance Program
Type of Metric
Output - describing our activities and reach
Direction of Success
Increasing
Context Notes
The Technical Assistance program provides services to NPOs who need professional help in various accounting, administrative and/or compliance topics.
Number of organizations accessing payroll and/or accounting services
This metric is no longer tracked.Totals By Year
Population(s) Served
Adults, Academics
Related Program
Technical Assistance Program
Type of Metric
Output - describing our activities and reach
Direction of Success
Increasing
Context Notes
Asesores Financieros Universitarios provides accounting assistance to NPOs through an accounting student and a professional mentor in various accounting topics.
Goals & Strategy
Learn about the organization's key goals, strategies, capabilities, and progress.
Charting impact
Four powerful questions that require reflection about what really matters - results.
What is the organization aiming to accomplish?
Develop workshops that are useful and tailored to the needs of the organizations we serve.
Strengthen the Volunteer program, so it support our strategic initiatives.
Expand the services provided to organizations under the Technical Assistance program.
Strengthen the organizational structure and administrative procedures.
What are the organization's key strategies for making this happen?
Develop and update workshops of the Training program according to the needs of the NPOs.
Increase the number of volunteers for each program.
Strengthen and maintain a minimum of fifteen projects per semester in Asesores Financieros Universitarios.
Analyze the organizational structure.
Diversifying funding sources.
Develop work plan to operationalize the Strategic Plan by program area.
What are the organization's capabilities for doing this?
AFC has a strong liasion with the State Society of CPAs, Interamerican University of Puerto Rico, First Bank and other organizations which helps it promote their services to diverse professionals, and encourage them to participate as volunteers. These volunteers help AFC develop and facilitate workshops to NPO professionals and provide other services through the Technical Assistance Program. Asesores Financieros Comunitarios also has the backing of many Foundations in Puerto Rico who are committed to the cause and every year support AFC with grants or projects.
What have they accomplished so far and what's next?
Asesores Financieros Comunitarios is arduously working towards reaching a greater number of nonprofits organizations in Puerto Rico through its programs. Currently, AFC is reaching approximately 15% of the target population, with goals to reach at least 35% in the next 5 years.
Financials
Unlock nonprofit financial insights that will help you make more informed decisions. Try our monthly plan today.
- Analyze a variety of pre-calculated financial metrics
- Access beautifully interactive analysis and comparison tools
- Compare nonprofit financials to similar organizations
Want to see how you can enhance your nonprofit research and unlock more insights?
Learn more
about GuideStar Pro.
Operations
The people, governance practices, and partners that make the organization tick.
Connect with nonprofit leaders
SubscribeBuild relationships with key people who manage and lead nonprofit organizations with GuideStar Pro. Try a low commitment monthly plan today.
- Analyze a variety of pre-calculated financial metrics
- Access beautifully interactive analysis and comparison tools
- Compare nonprofit financials to similar organizations
Want to see how you can enhance your nonprofit research and unlock more insights? Learn More about GuideStar Pro.
Connect with nonprofit leaders
SubscribeBuild relationships with key people who manage and lead nonprofit organizations with GuideStar Pro. Try a low commitment monthly plan today.
- Analyze a variety of pre-calculated financial metrics
- Access beautifully interactive analysis and comparison tools
- Compare nonprofit financials to similar organizations
Want to see how you can enhance your nonprofit research and unlock more insights? Learn More about GuideStar Pro.
Asesores Financieros Comunitarios Inc
Board of directorsas of 02/22/2022
Mr. José Teruel
Banco Popular de Puerto Rico
Term: 2018 - 2020
CPA Orlando Vázquez
Grupo Ferré Rangel
Term: 2018 - 2020
Claudia Motta
Reichard & Escalera
Miriam B Quintero
University of Puerto Rico
Agnes Suárez
AIG Insurance Co.
Rosana Lopez
KPMG
Jorge Mejias
Fusion Works Consultants
Socorro Rivas
Héctor González
Merrill Lynch
Nilda Olmeda
Acción Social de PR
Lourdes Sobrino
Lulu Solutions
Board leadership practices
GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.
-
Board orientation and education
Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes -
CEO oversight
Has the board conducted a formal, written assessment of the chief executive within the past year ? Yes -
Ethics and transparency
Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes -
Board composition
Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes -
Board performance
Has the board conducted a formal, written self-assessment of its performance within the past three years? Yes
Organizational demographics
Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.
Leadership
The organization's leader identifies as:
Race & ethnicity
Gender identity
Sexual orientation
No data
Disability
No data
Equity strategies
Last updated: 08/29/2019GuideStar partnered with Equity in the Center - an organization that works to shift mindsets, practices, and systems to increase racial equity - to create this section. Learn more
- We have community representation at the board level, either on the board itself or through a community advisory board.
Thanks for signing up!
An email has been sent to the address you provided. Click on the link in that email to get more GuideStar Nonprofit Profile data today!
(Don't see an email in your inbox? Click here to resend it.)
GuideStar Pro Reports
Report successfully added to your cart!
Want more data?
A GuideStar Pro report containing the following information is available for this organization:
- Email contact information
- Financial trends metrics for five most recent years 2021, 2020, 2019, 2018, 2017*
- Financial statements for 2018, 2017, 2016, 2015
- Letter of Determination
- Officer and/or Employee data for 2021, 2019, 2018, 2017, 2016
- Contractor and/or Paid Preparer data for 2021, 2020, 2019
- Board of Directors data for 2022
- *with the ability to download the data for 2021, 2020, 2019, 2018, 2017
Download it now for $125.
Need the ability to download nonprofit data and more advanced search options?Consider a Pro Search subscription.