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Fundacion Mmm Inc

EIN 66-0663265 · San Juan, PR

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthWeak46 out of 100GovernanceStrong93 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

PROVIDE AND DEVELOP SOCIAL, EDUCATIONAL AND CIVIC SERVICES TO ELDERLY COMMUNITIES

Income
$1.8 million
Spending
$1.8 million
Spent on programs
54%
Reserves
1.6 months of spending
Largest source of income
donations and private grants, 100%
Employees
4
Volunteers
8

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Weak: 46 out of 100. Higher than 15% of charities in its peer group (human services, $1m to $10m).

  • Reserves

    10 of 35

    Spendable reserves would cover 1.6 months of spending.

  • Debt

    5 of 20

    It owes 57% of what it owns.

  • Living within its means

    8 of 15

    Spending exceeded income by 3% of income.

  • Income trend

    15 of 15

    Income rose 2% on the year before.

  • Spending floor

    8 of 15

    54% of spending went to programs and raising each dollar of donations cost 17 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 93 out of 100. Higher than 55% of charities in its peer group (human services, $1m to $10m).

  • Independent board

    25 of 25

    12 of 12 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (5)
  1. $324,942 spent. NUTRITIONAL ASSISTANCE PROGRAM AIMED TO PROVIDING NUTRITIONAL ASSISTANCE TO SERVED POPULATION. DURING THE FISCAL YEAR ENDED DECEMBER 31, 2024 AND 2023, THE FOUNDATION PROMOTE THE SERVICE THROUGH THE ADOPTA UN VIEJO, A CAMPAIGN FOCUSED TO PROVIDE NUTRITIONAL ASSISTANCE TO ELDER POPULATION. ALSO DURING THE FISCAL YEAR ENDED DECEMBER 31, 2024, THE FOUNDATION STARTED WITH THE GUS SCHOMACKER NUTRITION INCENTIVE PROGRAM. THIS PROGRAM AIMS TO ENHANCE THE HEALTH AND NUTRITION OF INCOME - ELEGIBLE CONSUMERS BY INCREASING THEIR ACCESS TO FRESH FRUITS AND VEGETABLES.
  2. $250,000 spent. RESILIENCE AND RECONSTRUCTION PROGRAM AIMED TO PROVIDING ASSISTANCE FOR HOME STRUCTURE, INCLUDING PROVIDING FURNITURE AND FIXTURES, AND FIRST AID SUPPLIES.
  3. $405,227 spent. CHARITABLE CONTRIBUTIONS PROGRAM AIMED AT PROVIDING ASSISTANCE TO PROMOTE THE QUALITY OF LIFE THROUGH CONTRIBUTIONS TO COVER ESSENTIAL NECESSITIES OF SERVED POPULATION. THE PROGRAM ALSO INCLUDES FUNDS TO PROVIDE HEALTH EMERGENCY ASSISTANCE TO MMM EMPLOYEES. THE BENEFICIARIES OF THIS ASSISTANCE ARE IDENTIFIED AND REFERRED TO BY MMM HUMAN RESOURCE DEPARTMENT.
  4. PROVIDE AND DEVELOP SOCIAL, EDUCATIONAL AND CIVIC SERVICES TO ELDERLY COMMUNITIES.
  5. PROVIDE AND DEVELOP SOCIAL, EDUCATIONAL AND CIVIC SERVICES TO ELDERLY COMMUNITIES.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  2. Has the IRS revoked its tax-exempt status? Worth knowing.

    Status was revoked on May 15, 2010 for not filing returns for three years, and reinstated on April 15, 2016.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since May 2016.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.