2025-03-13T14:00:37-04:00 2024-06-30 WithumSmithBrown PC ONE TOWER CENTER BLVD 14TH FL EAST BRUNSWICK NJ 08816 990 2023-07-01 510175975 BORICUA COLLEGE % ELIAS OYOLA BOR 2126941000 3755 BROADWAY NEW YORK NY 10032 Victor Alicea PRESIDENT 2126941000 2025-03-11 true true Catherine Bendall P00521196 7328281614 2025-03-11 2023 2025-03-06 01:10:19Z Victor Alicea 3755 BROADWAY NEW YORK NY 10032 11165147 false X www.boricuacollege.edu X 1974 NY Boricua College is committed to the principle that culture cannot be separated from education. Boricua aims to provide a solid foundation through individualized programs. 11 10 209 10 0 1217770 472344 5863998 6847603 -112623 185848 234884 1558836 7204029 9064631 689270 147226 0 0 7258980 7381458 0 0 0 3953557 4122446 11901807 11651130 -4697778 -2586499 52572386 49649094 12548387 12279884 40023999 37369210 X SEE SCHEDULE O FOR THE FULL MISSION STATEMENT OF BORICUA COLLEGE. false false 8402481 147226 6813904 See Schedule O for program service accomplishmeents. 8402481 true true false false false false false false false true true false false false true true true false true false false false false false false false false false true true false false false false false false false false false false false false false false false false false true 12 0 209 true false false false false false false false false false false false false X 11 10 false false false false false false false true true false false true true true true true true true true false NY X ELIAS OYOLA 2126941000 3755 BROADWAY NEW YORK NY 10032 Victor G Alicea PhD President 40.0 0.0 X X 161256 0 20379 John Guzman VP & Dean of Academic Affairs 40.0 0.0 X 76374 0 19093 Irving Ramirez VP & Dean of Academic Affairs 40.0 0.0 X 74571 0 18427 Elias Oyola CFO 40.0 0.0 X 72906 0 18797 Francia Castro VP for Human Resources and Per 40.0 0.0 X 69878 0 18208 Moises Pereyra VP & Dean of Academic Affairs 40.0 0.0 X 67681 0 18797 Benito Fernandez Chairperson 1.0 0.0 X X 0 0 0 A Paul Blano Secretary/Treasuer 1.0 0.0 X X 0 0 0 Luis A Gonzalez Trustee 1.0 0.0 X 0 0 0 Elizabeth Velez Trustee 1.0 0.0 X 0 0 0 Suleika Cabrera Drinane Trustee 1.0 0.0 X 0 0 0 Ralina M Cardona Trustee 1.0 0.0 X 0 0 0 Jose R Sanchez Trustee 1.0 0.0 X 0 0 0 Maria Ortega Trustee 1.0 0.0 X 0 0 0 Carlos J Cuevas TRUSTEE 1.0 0.0 X 0 0 0 Rita DiMartino Trustee 1.0 0.0 X 0 0 0 522666 0 113701 1 false true false WithumSmithBrown PC 5 Vaughn Drive 201 PRINCETON NJ 08540 Audit services 123604 1 471144 1200 472344 TUITION 900099 6761500 6761500 APPLICATION FEES 900099 86103 86103 6847603 84996 84996 0 0 1535573 1535573 0 1535573 1535573 2201368 2100516 100852 100852 100852 0 0 0 0 0 0 0 0 0 INSUARNCE RECOVERY 900099 23263 23263 23263 9064631 6870866 1721421 0 147226 147226 0 0 608432 238659 369773 0 0 5129507 4369053 760454 70524 59465 11059 1181176 965917 215259 391819 308229 83590 0 104364 104364 126968 126968 0 0 0 69433 20000 49433 44700 23382 21318 500257 351556 148701 104287 104287 0 742770 597036 145734 177404 81578 95826 0 58584 32330 26254 74351 37081 37270 0 1244385 928044 316341 301974 195224 106750 GRADUATION 163335 163335 MISC 101712 47701 54011 UNCOLLECTIBLE ACCOUNTS 307922 307922 GRANT FUNDS RETURNED 0 11651130 8402481 3248649 0 X 413986 95239 358158 1126036 537398 154233 410444 441744 0 0 0 0 0 0 0 0 132685 239547 59878313 13168398 47633894 46709915 2817064 667035 0 0 0 0 0 0 268757 215345 52572386 49649094 1521519 1294326 0 0 129846 129167 0 0 0 0 0 0 0 0 10394510 10394510 502512 461881 12548387 12279884 X 38722080 36047348 1301919 1321862 40023999 37369210 52572386 49649094 -2586499 -68290 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 75000 75000 75000 75000 75000 75000 75000 75000 75000 75000 false false 767322 767322 53322063 7461214 45860849 3195091 3182949 12142 2593837 2524235 69602 46709915 0 LEASE OBLIGATIONS 221881 TENANT SECURITY DEPOSITS 240000 461881 X 8952126 -68290 13500 -54790 9006916 57715 57715 9064631 11606915 13500 13500 11593415 57715 57715 11651130 FIN 48 The College is exempt from Federal income taxes under Section 501(c)(3) of the Internal Revenue Code. Accordingly, no provision for income taxes has been recorded in the statement of activities and change in net assets. The College had no unrecognized tax benefits at June 30, 2024. In addition, the College has no income tax related penalties or interest for the period reported. Part XI line 4b and XII line 4b scholarship expenses of $57,715 have been shown as a reduction of tuition income in the audited financial statements in accordance with US GAAP. true true true true true true true false false false false false false false false true false true Schedule E, Part 1, Line 6a - Assistance from Governmental Agencies THE ORGANIZATION RECEIVED GRANT FUNDS THROUGH THE TITLE V HIGHER EDUCATION ACT for THE YEAR ENDED JUNE 30, 2024. Schedule E, Part 1, line 3 - nondiscrimination policy The non-discrimination policy of the School is published on all of the College's materials, on it's website and is stated throughout all announcements and advertisements. true Scholarships and stipends 61 147226 Scholarships Scholarship monitoring PROCEDURE: THE COLLEGE WILL NOTIFY THE STUDENT OF THE INTENDED AWARD. IF STUDENT ACCEPTS THE AWARD, THE STUDENTS ACCOUNT IS CREDITED VIA FINANCIAL AID AWARD LETTER. PRIORITY: PREFERENCE MAY BE GIVEN TO STUDENTS: 1. IN BACHELORS AND MASTERS PROGRAMS. 2. WHO MAY HAVE EXHAUSTED ALL CONVENTIONAL SFA AWARD ELIGIBILITY. 3. DETERMINED INELIGIBLE BASED ON SFA AGENCIES CONVENTIONAL METHODOLOGY. 4. WITH RECOMMENDATIONS FROM ACADEMIC ADMINISTRATORS AND FACULTY FACILITATORS. DURING THE YEAR ENDED JUNE 30, 2023, THE COLLEGE RECEIVED AND DISTRIBUTED STUDENT ASSISTANCE PAYMENTS OF $460,886 AS PART OF THE HIGHER EDUCATION EMERGENCY RELIEF FUND ("HEERF"). THESE FUNDS WERE AWARDED TO EVERY ENROLLED STUDENT PER THE TERMS OF THE GRANT ASSISTANCE. X X X false false false false false false false false false Victor G Alicea PhD President 161256 0 0 3225 17154 181635 Part III, line 1 - Organization's mission THE TYPICAL BORICUA STUDENT IS AN ADULT WITH A BILINGUAL AND BICULTURAL BACKGROUND WITH FAMILY AND EMPLOYMENT RESPONSIBILITIES. THE MISSION AND GOALS OF THE COLLEGE ARE THEREFORE ROOTED IN THREE PRINCIPLES OF INSTITUTIONAL IDENTITY: - As an institution founded by Puerto Ricans in New York City, Boricua College is dedicated to the principle of the inseparability of culture and education. The College thus offers academic programs that aim to develop in students, personal learning competencies that take into consideration the educational, cultural and economic difficulties experienced by Puerto Ricans and other students underrepresented in higher education. By focusing its learning activities on solutions to problems facing these communities, the College prepares students for effective community leadership. -As a liberal arts institution, Boricua College's educational philosophy maintains that a liberal arts education means mastery of generic, intellectual, affective and psychomotor-behavioral skills necessary for lifelong learning about the environment. That in the context of higher education all knowledge about the environment is organized and described through the multiple disciplines of the social sciences, the natural sciences and the humanities. That a liberal arts education is essential for participation in a democratic society. - As a non-traditional institution, Boricua College is dedicated to a humanistic holistic approach to the education of its student, within the context of their culture and contemporary conditions. It offers students the opportunity to design highly individualized and small group learning programs that may be pursued at their own pace to meet their own career goals. Learning activities are not confined within college walls. Instead, they unite in creative ways, the experiences of the world of scholarship and the world of work and student progress is evaluated through multiple measures that reflect the diversity of student learning styles and goals. Part III, line 4a - Program service accomplishments Boricua College is an independent, private, liberal arts and science, professional not-for-profit college. With three locations located in New York - Manhattan Campus, Bronx Campus and Brooklyn Campus. Boricua College enrolls approximately 500 full-time students in programs leading to Bachelor of Science, Bachelor of Arts, Master of Arts, and Master of Science degrees. Five Ways of Learning and Modes of Instruction In all its academic programs, Boricua College has a unique pattern of diversified modes of instruction and ways of learning implemented through five curricular areas. For most students, going to college means taking courses in an institution of higher education, attending lectures on various academic subjects such as history, physics, or math, and taking examinations on those subjects at the end of each term. At Boricua College, lecture-discussion courses constitute an excellent way for college students to master some kinds of information such as knowledge of specifics, methodology, and universal concepts and themes. Such "theoretical studies," however, are only one of five distinct ways in which students are educated and receive academic credit at Boricua. An explanation of each of the five modes of instruction and the way they are integrated into a singular program of student growth and development is described below. - Individualized Instruction: In the courses that use this mode of instruction and way of learning every student meets individually with their assigned full-time faculty member for one hour per week throughout the academic cycle to plan, implement and evaluate a program of learning determined by the curriculum, and designed to meet that student's educational needs and career aspirations. During the first two years, individualized instruction emphasizes the development of carefully identified generic intellectual skills required for the mastery of the basic principles of knowledge of the humanities, social sciences and natural sciences. During the next two years, individualized instruction takes on a more disciplinary character as the student is helped to develop the breadth and depth of intellectual skills and apply them in learning the concepts and literature of his/her field of specialization. In all these courses, a system of instructional modules, developed by the faculty are used as the primary text to guide instruction. - Colloquium: A second unique way of learning at Boricua involves the use of small-group colloquia comprising eight to ten students who meet once a week with their assigned full-time faculty to exchange, share, discuss, and evaluate ideas, issues and problems related to the learning program of the group members. A particular objective of the courses taught through colloquia in the first two years is the development of affective skills necessary for life-long learning and acquisition of knowledge. During the next two years the Colloquium takes on a more disciplinary character as students are helped to develop the breadth and depth of the affective skills and the values inherent in their fields of specialization. - Experiential Studies: This mode of learning involves carefully designed structured experiences of "learning by doing." It aims to develop students' awareness of how simple psychomotor skilled movements evolve into complex professional skills. In the students' first year they participate in structured field experiences under the guidance of their assigned full-time faculty to sharpen their sensory and perceptual awareness and observational skills. They continue on to courses that increase body sensory awareness, physical abilities and complex instrumental skills that integrate the psychomotor with cognitive skills. In the next two years and beyond, the student participates in carefully designed workshops, studio activities and supervised internships related to their academic disciplines and professional goals. - Theoretical Studies: A fourth set of courses lead the student through a body of instrumental methods and knowledge required for problem solving, employing the customary techniques of lectures, discussion, readings and written examinations. In the first two years of Theoretical Studies courses, students learn by applying their intellectual and affective skills to introductory subject matter of mathematics, social and natural sciences, transforming it into personal knowledge. In the following two years and beyond, the student develops further use of intellectual and affective skills by applying them to learning the facts, methods, theories and specialized complex subject matter of the liberal arts and science disciplines and specialized knowledge of the professions. - Cultural Studies: At Boricua College three levels of culture are particularly relevant: (1) the archetypal elements, mostly unconscious, that motivate behaviors and identify a student as a member of "a people (2) historical elements that serve as conscious icons representative of popular aspects of a particular culture; (3) the contemporaneous elements of a culture that are being created in the daily life of a student and his/her peers. Particularly essential to Cultural Studies is the development and application of the affective skills and processes of literacy, receiving, responding, values and the companion internal processes of sensing, emotions and feelings, that together provide content for creating and understanding culture. In the first two years Cultural Studies courses also concentrate on the written and oral communication skills of the student. In the second two years and beyond, the concentration is on the humanities and the arts. In the second two years and beyond, the concentration is on the humanities and the arts. student. In the second two years and beyond, the concentration is on the humanities and the arts. Part VI, Section B, 11a - Review of Form 990 The form 990 is prepared by a CPA firm with professional experience in the completion of the form. it is then reviewed and approved by the School prior to submission to the Department of the Treasury. Part VI, Section B, 12c - Conflict of Interest The School has a conflict of interest policy, however, the policy is currently being reviewed and updated to include written annual disclosure by officers, directors and key employees as well as a more defined policy for monitoring and compliance. Part VI, Section B, Line 15b - Compensation policy the organization has a special committee which is responsible for hiring of executive officers. Compensation packages are established annually based on comparability and other factors. Part VI, Section C, line 19 - Public availability of documents The College makes the organizational documents available upon request.