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Puerto Rico · Nonprofit

Monte Azul Inc

Monte Azul Inc (Puerto Rico) receives grants from 9 organizations whose IRS filings report $632,153 to it, the largest being THE REINVESTMENT FUND INC ($275,003). 3 of them have funded it in more than one year.

Revenue FY2025
$546k
Funders on record
9
Grants received
$632k
Net assets
$334k
3/9 repeat funderspeak grant-dependency 57%
01The organization over time

The organization over time

Each line starts at 100 in 2018, so what you read is the shape rather than the size: 150 means half as much again as 2018, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20182018 Revenue 0 ($0) Expenses 100 ($6k) Net assets -10 ($-6034)2019 Revenue 0 ($0) Expenses 112 ($7k) Net assets -20 ($-12583)2020 Revenue 0 ($0) Expenses 71 ($4k) Net assets -27 ($-16848)2021 Revenue 100 ($89k) Expenses 1506 ($91k) Net assets -31 ($-19053)2022 Revenue 353 ($313k) Expenses 3712 ($224k) Net assets 100 ($62k)2023 Revenue 557 ($494k) Expenses 6617 ($399k) Net assets 290 ($181k)2024 Revenue 860 ($763k) Expenses 11117 ($671k) Net assets 399 ($249k)2025 Revenue 616 ($546k) Expenses 7382 ($445k) Net assets 535 ($334k)
'18'19'20'21'22'23'24'25
Revenue (616)Expenses (7382)Net assets (535)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $323k to $629k (+95%).

$4k
$1k
$12
$32
$116k
$231k
$323k
$629k
'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Andrew Hermann

Executive Director

As listed on its FY2025 Form 990-PF.

'18'19'20'21'22'23'24'25
Listed54444444
Joined·+2+2+0+0+3+0+0
No longer listed·3200300
02Who funds it

Who funds it, year by year

2022 → 2023: the base held at 3 funders, grant income rose $102k → $279k.

2 of 9 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 6% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of Monte Azul Inc’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

Monte Azul Inc leans on a few funders — its largest provides 44% of grant income and the top three 77%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

64% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Monte Azul Inc.

44%
largest funder
77%
top three
~4
effective funders

Largest funder’s share by year: 2022 49% · 2023 84% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

Monte Azul Inc draws 100% of its grant income from funders outside Puerto Rico, across 5 states in all.

NY
PA
MD
DC
TX

In-state vs out-of-state, by year

’22
’23
Puerto Rico out of state home

Funder states come from each funder’s own filing. $36k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

03Its place in the field

Against its field

Monte Azul Inc has grown faster than three-quarters of the 3,482 youth development nonprofits its size.

Months of reserve6.5mo · above the median
Revenue growth (annualized)58% · top quartile

this organization peer median middle 50% of peers· 3,482 youth development nonprofits $100k–$1M, FY2025

Government funding Monte Azul Inc receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $365k on record.

Federal$365k
grants $365kcontracts $0
22
23
Top agencies
  • Department of Agriculture$365k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like Monte Azul Inc

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Puerto Rico

Nationally

04Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Screen this organization

A dated, signed PDF of the compliance screen for Monte Azul Inc: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Monte Azul Inc?
Monte Azul Inc (Puerto Rico) receives grants from 9 organizations whose IRS filings report $632,153 to it, the largest being THE REINVESTMENT FUND INC ($275,003). 3 of them have funded it in more than one year.
How many funders does Monte Azul Inc have?
IRS filings report 9 organizations giving $632,153 in grants to Monte Azul Inc, 3 of which have funded it in more than one year.
Who is the largest funder of Monte Azul Inc?
THE REINVESTMENT FUND INC is the largest funder on record, with $275,003 in grants. The full list of funders is on this page.
How can an organization like Monte Azul Inc find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Puerto Rico. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Monte Azul →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2018–2025), and the filings of 9 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing