Issuu

An Economic Report on

THE ETUCA.TION INDUSTRY II1 PUERTO RICO

September 1970

UNrP1!I STATES 1 PAIM12 OP LABOR Workplace Standards Administration Wage and Hoar Division

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AdnrLriistrative Order No. 613

1. Pursuant to section 5 of the Fair Labor Standards Act of 1938

(29 U.S.C. 205), Reorganization .Plan No. 6 of 1950 (3 CFR 191!9-53 Comp., p. 1000, and 29 CFR Part 511, I hereby appóint the following industry committees for the indicated industries: *

Industry Committee No. 98-A--Education Industry in Puerto Rico *

2. These industries are defined as follows: *

(n) The education industry in Puerto Rico, to which this order shall apply, is defined as follows: The operation of elementary or .secondary schools, or institutions of higher education, or schools ' fdr mentally or physically handicapped or gifted persons, regardless of whether public or private or operated for profit or not for ,profit: Provided, however, That the industry shall,, not include am activity to which the Fair Labor Standards Act of 1938 would have applied prior to the Fair Labor Standards Amendments of 1966.

3. Pursuant to section 8 of the Fair Labor Standards Act of 1938 (29 U.S.C. 208), Reorganization Plan No. 6 of 1950 (3 C 1911.9-1953 Comp., p. 1000, and 29 CFR Part 511, I hereby: (a) Convene the above-appointed industry committees; (b) Refer to the industry committees the question of the minimum rates of wages to be fixed for the above-mentioned industries in Puerto Rico to which section 6 of the Fair Labor Standards Act applies solely by reason of the Fair Labor Standards Amendments of 1966 as those industries are herein defined; (e) Give notice of the hearings tó be held by the several committees at the times and place indicated below. The committees shall investigate conditions in the industries, and the committees, or any authorized subcommittee thereof, shall hear witnesses and receive such

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evidence as may be necessary or appropriate to enable the committees to perform their duties and functions under the aforementioned Act. *

(~+) Industry Committee No. 98-A will meet in executive session to commence its investigation at 9:30 a.m, and begin its public hearing at 10:30 a.m. on Monday, November 16, 1970 * * ii-. The hearings will take place in the offices of the Wage and Hour Division on the seventh floor of the Condominio San Alberto Building, 1200 Ponce de Leon Avenue, Santurce, Puerto Rico. 5. Each industry committee shall recommend to the At9ministrator of the Wage and Hour Division of the Department of Labor the highest minimum wage rates for the industry which it determines, having due regard to economic and competitive conditions, will not substantially curtail employment in the industry, and will not give any industry in Puerto Rico a competitive advantage over any industry in the United States outside of Puerto Rico, the Virgin Islands, or American Samoa. However, no industry committee shall recommend minimum wage rates in excess of $1.21-5 an hour for the period eñding January 31, 1971, nor in excess of $1.60 an hour thereafter. 6. Whenever an industry committee finds that a higher minimum wage may be determined for employees engaged in certain activities in the industry than may be determined for other employees in that industry, the committee shell recommend such reasonable classifications within the industry as it determines to be necessary for the purpose of fixing for each classification the highest minimum wage rate that can be determined for it under the principles set forth herein and in 29 LT't{ 511.10 which will not give a competitive advantage to any group in the industry. No classification shall be made, however, and no minimum wage rate shat be fixed solely on a regional basis or on the basis of age or sex. In determining whether there should be classifications within an industry, in making such classifications, and in determining the minimum wage rates for such classifications, each industry committee shall consider, among other relevant factors, the following: (a) Competitive conditions as affected by transportation, living, and production costs; (b) wages established for work of like or comparable character by collective labor agreements negotiated between employers and employees by representatives of their own choosing; and (e) wages paid for work of like or comparable character by employers who voluntarily maintain minimum wage standards in the industry.

7• The Administrator shall prepare an economic report for each industry committee containing such data as he is able to assemble pertinent to the matters referred to them. Copies of such reports may be obtained at the national and Puerto Rican offices of the Wage and Hour Division of the U. S. Department of Labor as soon as they are completed and prior to the hearings. The industry committees shall take official ii

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notice off the facts stated in the economic reports to the extent that they are not refuted at the hearing.

8.! The procedure of industry committees shall be governed by 29 ll. Interested persona dishing to participate in any of the Part CPR hearings shall,file prehearing statements, as provided in 29 CFR 511.8 containing the data specified in that section not later thán 10 days before the first hearing date set for each committee as set forth in this notice of hearing, i.e., * * ae November 6, 1970, for matters to be considered by Industry Committees Nos. 98-A or B. Signed at Washington, D. C. this 16th day of April 1970. George P. Shultz Secretary of Labor Published in the Federal Register April 22, l°970 (35 F.R. 3).

.iii

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~..r

FOREWORD

Tii' policy of the Fair Labor Standards Act with respect to industr É' 'or enterprises in Puerto Rico engaged in interstate commerc. .flr 'the production of goods for interstate commerce is to reach in.ách such industry or enterprise as rapidly as is economically feasible without substantially curtailing employment the objective of the minimum wages prescribed for the 50 States. :Pursuant to this policy and in compliance with the requirements of Administrative Order No. 613 and section 511.6 of Part 511, Title 29 of the Code of Federal Regulations, this economic report has. been prepared to:assist Industry Committee No. 98-A for the Education Industry in Puerta Rico in the performance of its duties. It contains economic and other data deemed pertinent to the committee's investigation. The report was prepared under the general direction of James B. Mitchell, Chiéf of the Division of Industry Committees.

Robert D. Moran Mmini strat or Wage and Hour Division U. S. Department of Labor September 1970

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TABLE OF CONTENTS Administrative Order

Foreword

Introduction

Coverage

Survey information

General data

Tables 1.

Page

Covered Employees by Institution, Selected Months,

1968-1970 2.

Student Enrollment in Public and Private Schools in Puerto Rico, Fiscal Years 1966-1970

Consumer Price Indexes for Urban Wage Earners and Clerical Workers in the United States and Wage Earners' Families in Puerto Rico, All Items,

196+-1970

APPENDIX A:

Selected Balance Sheet Items for 30 Institutions for Periods Ended in '1967 tot1970

vii

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IN'1'RODUCTION

The purpose of his report is to assist the committee .in its review of the minimum hourly wage rate currently in effect for the Education Industry in Puerto Rico.

The report contains both general

information and data gathered in a special survey of the industry conducted by the Wage and Hour Division in May 1970.

The definition

of the industry is presented on page ii of this report.

It includes

all employees engaged in activities in connection with the operation of schools for mentally or physically handicapped ór gifted children, and elementary or secondary schools, sand institutions of higher education. The minimum wage rate to be reviewed by this committee is an hour.

This rate has been in effect since February 1, 1970.

Two previous industry committees were convened for this industry. Industry Committee No. NC-6B which met in March 1967 recommended minimum hourly rates of $.95 effective April 1i+, 1967 and $1.05 effective February 1, 1968.. Industry Committee No. 79-A meeting in October 1968 recommended minimum hourly rates of $1.20 effective February 1, 1969 and $1.x+0 effective February 1, 1970.

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COVERAGE Prior to the enactm ut of the 1966 amendments to the Fair Labor Standards Act, only certain employees in educational institutions were covered by the Act. They were employees in non-goverment educational organizations whose work involved the regular use of the interstate mails, telegraph, telephone, and similar instrumentalities for communication across State lines. This coverage was asserted on an individual basis. At that time, the state or political subdivision thereof was not considered to be an "employer" for the purposes of the Act. As a result employees in government operated schools were not coverts. The 1966 amendments broadened the definition of "covered enterprise" to include:

...the activities performed by any person or persons in connection with the operation of... a school for mentally or physically handicapped or gifted children, an elementary or secondary school, or an institution of higher education (regardless of whether or not such ... school is públic or private or operated for profit or not for profit) : The 1966 amendments also amended Section 3 to redefine the term "employer". The section was amended to iºmclude.the state or political subdivision thereof as an "employer", as the term is used in the Act,

with respect to employees of educational institutions.

3 -

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The employees of educational institutions to whom the minimum wage requirements apply because of the 1966 amendments are said to be subject to 1966 Coverage, and for the purposes of the wage order program in Puerto Rico are in the Education Industry in Puerto Rico. Because the employees of this industry are subject to 1966 Coverage, and because 1966 Coverage on the Mainland has a lower applicable minimum wage rate than Pre-1966 Coverage, the following statement from the Administrative Order applies to the committee's recommendations: ". . . no industry committee shall recommend minimum wage rates in excess of $1.15 an hour for the period ending January 31, 1971, nor in excess of $1.60 an hour thereafter. The Fair Labor Standards Act provides a specific exemption that is relevant to educational institutions.

Section 13(a)(1) states that

the minimum wage and overtime provisions of the Act shall not apply with respect to-...any employee employed in the capacity of academic administrative personnel or teacher in elementary or secondary schools... The term "covered worker" as used in this report refers to employees covered by the wage order for this industry.

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SURVEY INFORMATION

Characteristics of the institutions. . . Employment Financial data

5 6 7

Earnings

Characteristics of the institutions:

The survey conducted by

t the Wage and Hour Divisibn in May 1970 included 174 private educational institutions.

The 1.74 4nstitutions surveyed include 160 elementary

and secondary schools, five special schools, and nine institutions of higher learning.

The majority of the institutions surveyed are

church affiliated.

In fact, of the total, 130 are religious institu-

tions. ~ The 160 private elementary and secondary schools that were surveyed include various grade levels.

Following is a distribution

of the elementary and secondary schools by the grade levels taught:

Grades

Number. of Schools

K to 1..... 1 K to. 2 .... 1 K to 3 .... 1

K to 4 .... 3 1 to 4 .... 2 K to 5 .... 1

K to 6 ....19 1 to 6 .... 3

Grades

Number of Schools

K to 7 .... 3 K to 8 ....24 1 to 8 .... 7

K to 9

..16

Grades

Number of Schools

K to 12 .... 34 1 to 12 .... 9

4 to 9 .... 1 6 to 12 ....

1 to 9 :... 4 K to 10 ... 3 1 to 10 ... 1 K toll ... 2

7 to 12 .... 7 9 to 12 .... 10 10 to 12 ... 7

The five special schools include two that teach the mentally retarded, w two commercial schools, and one nursing school.

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Of the 1711- institutions surveyed, 102 are located in the San Ji'n Metropolitan Area, 16 are in Ponce, 11 in Mayaguez, six in Caguas, five in Arecibo, and 31E in other cities and towr. throughout the island. Only one of the institutions had a labor-management agreement in effect at the time of the survey--Catholic University of Ponce. Its contract with the Seafarers' International Union covered 20 workers in May 1970.

The effective dates of the contract are from March

1969 to March 1972. Following are the contract rates currently in effect, and those that go into effect on March ,15 Occupation

3/15/70

3/15/71

Plumber Master carpenter. . Carpenter mason Carpenter I Electrician . . Utility man Painter I Carpenter II Painter II Driver Driver helper Plumber helper. Janitor Field Worker

$2.05 2.05 1.85 1.80 1.80 1.80 1.75 1.70 1.70 1.70 1.65 1.65 1.60 1. i.0

$2,15 2.15 1.90 1.90 1.85 1.85 1.80 1.80 1.75 1.75 1.70 1.70 1.60 1.1i-5

1971:

. . . .

The agreement also provides fringe benefits such as double-time for overtime, paid 'holidays, paid vacation and sick leave, and health and welfare benefits. Employment:

The total May 1970 employment in the institutions

surveyed was 1,41E covered workers.

Of this total, 1,201 were employed

in elementary, secondary, and special schools; and 223 were employed in

institutions of higher education.

The following table is a summary of

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the employment .in the 174 institutions surveyed for selected months,

1968-1970.: 1968

Mt.:rrith February May :August . . November Table 1, on page 199

1969

1970

1,.428 1,404° :1x375 1,320 1,353 1,427 1,460

1,498 1,424

presents the covered employment by institution, s

1968-1970. Financial data

Profit and loss information was requested for

the two most recent fiscal years from each of the institutions included in the survey.

Forty-six schools responded with the requested data.

Two consolidations were prepared--one for primary and secondary schools and one for institttions of higher learning. The following table is a corlsóiidation of the data from 42 primary and. secondary Schools.

In May 1970, these schools employed

over 11.50 of the covered workers in the schools surveyed. Profit and Loss, Deta for 42 Primary and Secóndáry Schools

Item

Fiscal year-1968 . Fiscal year-1969 Percent of Amount = Percent of : Amount :($ 1,000): net income :($ 1,000): net income

Net income . . Total exDenditures Net .profit .

$6,987 6,354 633

100.0%

$7,381

100.0%

90.9

6,979

9.1

402

91E.6 5:.4

The second consolidation, presented on the following page, consists of data received from four institutions of higher learAkg. These four schools employed 203 covered workers.

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Profit and Loss Data for Four Institutions of Higher Learning Fiscal year'l968 . Fiscal year-1969 Amount : Percent of : Amount : Percent of ($ 1,000 net income : ($ 1,000) net income

Item

512,11.85

100.0

Total expenditures . 12,3811.

Net income

99.2

Net profit

0.8

101

$111-,303 13,979 321+

100.0

97.7 2.3

Balance sheet information for 30 institutibns is presented in Appendix A. Earnings:

The average straight-time hourly earnings of the

1,1+214. covered employees surveyed were $1.60 in May 1970. educational institutions was conducted in May 1968.

A survey of

At that time the

average straight-time hourly earnings of the covered employees surveyed were $1.21. The following table presents a distribution of the covered workers by their average hourly earnings in May 1970:

Average hourly earni _s

Covered employees Number : Percent

Exactly $i.1+0 1. 1+01 and under 51.1+5 1. 1+5 and under 1.50 1.50 and under 1.55 1.55 and under 1.60 1.60 and under 1.70 1.70 and under 1.80 1.80 and under 1.90 1.90 and under 2.00 2.00 and over Total

827

31+ 65 80 30 86 14.6 39 27 ~1 0 i,11.2+

58.0 2.1+

1+.5 5.6 2.1 6.1 3.2 2.8 1.9 13.1+ 100.0

Calculations were also made to determine the relative direct effects of increased minimum wage rates on the May 1970 wage structure. ~ The following table presents the relative direct effects, May 1970:

}

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Selected higher minimum wage rate

$1011.5 1.50 1.55 i.60

Amount of Percent Percent of increase increase employees whose in average . in hourly . hourly earnings would be increased . wage bill . hourly earnings

60.11. 64.9 70.5 72.6

1.8 3.8 5.9 8.2

$.03

.o6 .09 .13.

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GENERAL DATA

Minimum Wage Act of Puerto Rico . Commonwealth Department of Education. University of Puerto Rico Consumer Price Index . . . . . . . . . .

Minimum Wage Act of Puerto Rico:

U 12 13

The Commonwealth Minimum Wage

Board has established minimum wage rates that apply to the Educational Service Industry in Puerto Rico.

Thesé rates .are presented in

Mandatory Decree Number 79, which is retroactive to June 10, 1970. In addition to minimum wáge rate provisions, the Decree also has provisions for vacation leave and sick leave.

The amount of each is 12

workdays a month for teachers, and 1 workdays a month fer all other ~ employees.

Following are the minimum wage rates provided in the

decree:

Classification

Minimum hourly rate

Universities and Theological Seminaries:: Teachers Arts and crafts employees, drivers, cooks and pastry makers . . . . .. . . . Other kitchen employees, dining room and cafeteria employees All other employees

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$1.60 1.60 1.45 1.40

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Minimum ,hourly rate

Classification ~3chools and Academies: Teachers Arts and crafts employees, drivers, cooks and pastry makers Office clerks . .,. Other kitchen .employees, dining rQom grid cafeteria employees All other employees

$1.60 1.60 1.50 1. 3+5 1.kO

Aviation Schools: All employees

1.60

Automobile Driving and Other Schools: Instructors y Office clerks All other employees

1.60 1.50 1.1+5

Art Galleries or Establishments, Museums, and Libraries: All employees

1.60

Botanical Gardens, Zoological Parks, .and Similar Establishments: All employees

1.3k

Commonwealth Department of Education:

The Office of Personnel

of the Commonwealth Government establishes salaries that apply to classified employees of public schools in Puerto Rico.

The lowest

paid category for full-time school employees (372 hour week) is $227.50 a month.

This rate is generally applicable to janitors,

porters, lunch service workers and workers in similar occupations. It will increase to $250 a month in fiscal year 1971-1972. The Commonwealth of Puerto Rico hays provided data on student enrollment in public and .private schools, fiscal years ended in 19661970.

These data presentan indication of the relative sizes of the

public and private school systems.

Following is a summary of the

data:

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Item

Fiscal year ended:

1966 : 1967 : 1968 : 1969 : 1970 x,001

Total enrollment.",

691

707

715

751

Public schools. . Private schools .

623 68

636 71

643 72

669 75

672 79

Table 2, on page 30, presents a more detailed picture of student enrollment. University of Puerto Rico:

Founded in 1903, the University of

Puerto Rico is the only public institution of higher learning on the island.

The university is an integrated system consisting of three

major campuses--Rio Piedras (2) and Mayaguez--three regional colleges--Arecibo, Cayey and Humacao--and several extramural centers. Total enrollment in the past school year 1969-1970 was 37,839. 1+rollment by educational. units for the school years 1967-68, 1968-69, and

1969-70 is presented below: Enrollment

Educational unit

1967-68 : 1968-69 : 1969-70 30,088

34,411

37,839

. 20,779 Rio Piedras Campus 6,086 Mayaguez Campus (CAAM) Sciences Campus of Medical 807 (Rio Piedras) . . . . Colleges: Regional Arecibo 515 370 Cayey Humacao 993 Extramural Centers . . 538

22,421 6,940

24,100 7,478

939

1,117

1,019

1,272 1,261 1,657 954

Total

941 1,219 932

Total covered workers in all educational units of the University of Puerto Rico was 6,217 as of June 30, 1970.

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Full-time and part-time

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teachers comprised 62% of the 3,550 exempt employees.

Employment by

educational units as of June 30, 1970 is presented below:

Employment Non-Exempt : Exempt,/

~ &;eational unit

Total

2,667

3,550

Rio Piedras Campus (including extramural centers) 1,277

2,331

1iayagtiez Campus

779

617

Campus of Medical Sciences. Regional Colleges Nuclear Centers

227 221 163

251 21+3 108

Exempt from the minimum wage ad .overtime requirements of the FLSA.

Source:

University of Puerto Rico. Office of Personnel.

Consumer Price Index:

Wage increases in Puerto Rico and in the

50 ,States in recent years have been offset to some extent by the increase in consumer prices.

Between 1961+ axed. 1969, the Consumer Price

Index for Wage Earners' Families in Puerto Rico has risen by about 16 percent. :wring the same period, the CPI for Urban Wage Earners and Clerical ;corkers in the United States rose by approximately 18 percent.

Looking at the situation for the past few years--

calendar years 1968, 1969 and part of 1970--provides a more current view of the relation between price rises o • n the mainland and price rises in Puerto Rico.

The following table presents the annual per-

centage increase for the Puerto Rican and mainland indexes in

calendar years 1968, 1969 and 1970..

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tie

Annual percerrEage increase in CPI 12 months 1968 íg69 . ended June 1970

Area Mainland . . .

'+.7/

6.1%

6.0%

Puerto Rico.

1.9%

3.6%

3.2%

Additional information on the Consumer Price Index is presented on Table 3, page 31.

36 - 15 -

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The Education Industry in Puerto Rico Table 1. Covered Employees by Institution, Selected Months, 1968-1970

1968

Classification and establishment TOTAL SURVEYED . . . . . . 1ementary, Secondary, and Special Schools

`0~

1. Academia Adventista Metropolitana (Primaria) - Rio Piedras 2. Academia Bautista de Puerto Nuevo Rio Piedras . . 3. Academia Claret, Bayamon . . 4. Academia Cristo Rey, Inc., Ponce 5. Academia fLscipulos de Cristo, Manati 6. Academia Discipulos de Cristo . (Escuela Elemental) - Bayamon . 7. Academia Discipulos d:&" Cristo

1,404 1,353 l,42

1970

Nov. : Feb. : May

1~ $ x,375 1,320 1,461 1,498 1,424

1,053 1,079 1,137 1,151 1,166 1,115 1,181 1,198 1,201

16 2

18 2

3 3

3 4

3 3

113

10. Academia Inmaculada Concepcion (Escuela Elemental) - Mayaguez

11. Academia Inmaculada Concepcion (High school) Mayaguez

12. Academia Maria Reina, Inc. Rio Piedras 13. Academia Menonita, Rio Piedras

1 1

1 2

1 3

9 3

lO 3

l4. Academia Menonita Betania, Aibonito

(Escuela secundaria) - Bayamon 8. Academia

Discipulos de Cristo de

San Juan - Santurce . . . . . . Garcia, Rio Piedras Academia 9.

1969

: May : Aug. :.Nov. : Feb. : May : Aug.

r •..

The Education Industry in Puerto Rico Table 1. Covered

loyees by Institution, Selected Months, 1968-1970 (continued)

Classification and establishment

: 1968 : 199 : 1970 :Nay :Aug. :Nov. : Peb. : Maur : Aug. :Nov. : Peb. : ray

15. Academia Nuestra Senora de la Providencia 6 Rio Piedras 16. Academia del Perpetuo Socorro 16 Santurce 1 17. Academia Presbiteriana, Aguadilla 1 18. Academia Presbiteriana, Isabe 19, Academia Rosadrina, Inc. - Bayamon . . . 3 2 20. Academia Sagrados Corazones - Guakynabo . 6 21. Academia San Alfonso, Aguas Buenas Ignacio de Loyola 22. Academia San, . . . . . . . . . . . . 11. Rio Piedras 23. Asosiacion Escolar de San Jorge d/b/a Academia San Jorge - Santurce . . 5 . . 13 21.. Academia San Jose, Bayamon . 6 25. Academia San Jose, Humacao 26. Academia Santa Monica, Santurce 27. Academia Santa Rosa, Bayamon . . . . . . 28. Orden Carmelita d/b/a Academia Santa Teresita - Santurce 29. Aguirre Corp. of Puerto Rico d/b/a Aguirre School - Aguirre Business College, Bayamon American 30. American Military Academy_ of Puerto 31. . . . . . . Rico, Inc. - Guaynabo

25 1 1

25 1 1 `"

25 1 1

3•

2 7

2 8

2 2

2 7

t. `~

'•

2]..

6 6

19 8 6 6

8 6 6

1 1

l 1

1 1

112

113

116

115

1i.2

117

•7

9 6

,5 6 6

6 6 6

•6 6 6

6 6 6

19 1.

1 1

110

112

The Education Tna»stry in Puerto Rico Table 1. Covered Employees by Institution, Selected Months, 1968-1970 (continued) Classification and establishment

1968

1969

1970

: May : Aug. : Nov. : Feb. : Miry : Aug. : Nov. : Feb. : Msy

32. Antilles Military Academy, Inc.

Trujillo Alto

33• Asilo Colegio La Milagrosa, Arecibo 311.. The Baldwin School of Puerto Rico, Inc. - Bayamón 35. Caguas City College, Inc., Caguas . . 36. Caribbean Consolidated Schools, Inc.

Guaynabo 37. The Caribbean School, Inc., Ponce . .

7 1

38. City College, Nayaguez 39• Caribbean Consolidated Schools, Inc. d/b/a Commonwealth Schools, Rio Piedras 1+0. Colegio Atéjandrino, Inc., Gumabo . 41. Colegio Bautista, Caguas 1.2. Colegio Bautista de Carolina, Inc. Carolina 1+3. Colegio Catolico, Caguas 144. Colegio Central Presbiteriano, Mayaguez 145, Colegio Corazon de MsrLa, Rio Piedras 11.6. Colegio F7iinger Roig, Inc., Bayamon 11.7. Colegio del Espiritu Sarno, Hato Rey

1a.

21. 1

29 1

25 1

22 1

26 1

27 1

2111

2 11.

7 b

7 4

2 1E •

6 1+ 3

1. 1+

2 1a.

2 3

1a.

1. 1+

6 1+

.1 10

1 12

1 15

1, 13

1 11}

l 11.

1 12

110 1+

1+2 5

4.5

1414. 1..

12 1.

1a.7

14.

i.8 6

1a.6 7

8 1a.

1a.

14.

7 17

7 12

8 17

1a. 9

1a.

5 16

6 1a. 7 17

9 15 .,

9 3? 1a.

ta.

1{.

14.8. Colegio Evgenio Na de Hostos, Inc. Rio Piedras

The Education Industry in Puerto Rico Table 1. Covered Employees by Institution, Selected Months, 1968-1970 (continued) Classification and establishment 49. Colegio Erangelico Capitan Correa Arecibo 50. Colegio Hogar Angeles Costodios Hato Rey 51. Colegio de La Inmaculada, Santurce 52.. Colegio de La Inmaculada., Inc. Mnati 53• Colegio Inmaculada, GuayauiUa 54. Colegio de Jesus, Inc., Carolina . . . 55. Colegio Lourdes, Hato Rey . . . . . 56. Colegio Luterano, won 57. Colegio Madre Cabrini, Rio Piedras 58. Ca.egio Maria Auxiliadora, Carolina 59. Colegio Marista, Bayamon 60. Colegio Marista El Salvador, Manati 61. Colegio La Merced, Cayey 62. Colegio Mercedario San Judas Tadeo, Ponce . . . . . . . . . . . . . . . . 63. Colegio La Milagrosa, Bayamon 64. Colegio de La Milagrosa, Mayaguez 65. Colegio La Milagrosa, Ponce 66. Colegio La Milagrosa, Rio Piedras 67. Colegio 2yrvan, Hato Hey 68. Colegio Nuestra Senora de Altagracia Rio Piedras

1968 . 1969 : : 1970 : May : Aug. : Nov. : Feb. : May : Aug. : Nov. : Feb. : May 2

10 10

10 3

17 3

16 3

17 3

18 3

10 2 10 12 3 4 4 9 1 3

21 0 11 15 3 4 4 2 l 3

21 2 10 15 3 5 4 9 1 3

20 2 16 15 3 5 4 9 1 3

14 2 13 15 3 5 4 9 1 3

13 0 13 6 3 6 4 2 1 3

13 2 12 6 3 6 4 9 1 3

12 3 13 6 5 6 4 9 1 3

12 3 15 6 5 6 4 9 1 3

0 1 7 3 1 2

0 1 8 3 1 2

1 1 8 3 2 2

0 2 9 3 2 2

2 2 9 3 2 2

2 2 9 3 d 2 2

2 2 9 3 2 2

The Education Industry in Puerto .Rico Table 1. Covered D,loyees by Institution, Selected Months, 1968-1970 (continued)

Classification and establishment

19 : MMsy : Aug. : 'Nov. : Feb. :

69. Colegio Nuestra Senora de Belen

1970 1969 Aug. : Nov. : Feb. : y y :

Puerto Nuevo 71+. Colegio Nuestra Senora de Lourdes

Rio Piedras 75. Colegio Maestra Senora de la Merced Rio Piedras 76. Congregacion de Padres Pasionistas,

11+

11.

Ii.

Rio Piedras Colegio de Nuestra Senora Del Carmen, RatU.lo . . . . a 71. Colegio de Nuestra Senora Del . . .. Carmen, Vi 1 l A I ba . 72. Colegio Nuestra Senora Del Carmen Trujillo Alto . . . . . . Colegio Nuestra Senora de Guadalupe 73• 70.

Inc., Santurce 77. Colegio de Maestra Senora del Pilar Canovanas 78. Colegio Nuestra Senora del P~1 r Rio Piedras Nuestra Senora de la Colegio 79. Providencia - Rio Piedras 80. Colegio Nuestra Senora del Rosario Ciales H ~ ~

The Education Industry in Puerto Rico Table 1. Covered T3aployees by Institution, Selected Months, 1968-1970 (continued) Classification and establishment

' •

1969 1970 : May : Aug. : Nov. : Feb. : May

81. Colegio Nuestra Senora de la Victoria Hato Rey 82. Colegio Obispo Fred P. Carson, Inc. Santurce 83. Colegio Parriso del Nino, Santurce . .

10 2

li+

111.

Ii.

11.

ii.

11.

14 Ii.

84. Colegio Ponceno, Inc., Ponce

85. Colegio Puertorriqueno de Ninas Santurce 86. Colegio Sagrada Familia, Bayamon 87. Colegio Sagrado Corazon, Ponce . . . . 88. Colegio del. Sagrado Corazon,

Santurce 89. Colegio Sagrados Corazones, Guaynabo . 90. Colegio de la Salle, Bayamon 91. Colegio San Agustin, Cabo Royó 92. Asociacion de Padres Redentoristas de P.R. d/b/a Colegio San Agustin

San Juan 93• Colegio San Antonio, Guayama 91i-. Colegio San Antonio, Isabela 95• Colegio San Antonio, Rio Piedras . . .

: 1968 : M9r : Aug. : Nov. : Feb.

33'

3 3

1 5

¿ 5

4 5

14. 5

2 21 10 8

2 22 9 11

2 22+ 9 9

2 19 15 5

2 23 23 10

2 21+ 22 12

2 21 22 13

6 2

2 17 10

96. Colegio San Antonio Abad, Humacao . . 97. Colegio San Benito, Humacao

2 5

98. Colegio San Benito, Mayaguez

4 5

99• Colegio San Carlos, Aguadilla

The Education Industry in Puerto Rico Table 1. Covered Ecuployees by Institution, Selected Months, 1968-1970 (continued) Classification and. establishment 100. 101. 102. 103. 104.. 105. 106. 107. 108. 109. 110. 111. 112. 13. 111+. 115,. 116. 117. 118.

Colegio San Pelipe, Arecibo . . . Colegio San Ignacio, Rio Piedras Colegio San Joaquin, Adjuntas . Colegio San Jose, Bayamon Colegio San Jose, Caguas Colegio San Jose, Rio Piedras . . • Colegio San Jose, Inc., Lares . . Colegio San Juan Bautista, Inc. Orocovis Colegio San Luis Rey, Inc. Rio Piedras Colegio San Miguel, Utuado Colegio San Rafael, Quesradillas Colegio San Vicente de Paul, Ponce Padres Paules Congregacion Misión d/b/a Colegio San Vicente de Paul Santurce Orden Pranciscana d/b/a Colegio Santa Clara de Asia - Carolina . . . . . Colegio Santa Cruz, Trujillo Alto . . Colegio Santa Gema, Carolina . . . . Colegio Santa Maria de los Angeles Rio Piedras Colegio Santa Rita, Bayamon Colegio Santa Rosa, Bayamon

1968

1969

1970

: Day : Aug. :Nov. :Feb. : Ms~y : Aug. :Nov. :Feb. : 1y 19

36 3

37 3

36 3

39 3

38 3

39 3

l0 1

10 1

l0 1

18 1

18 5

5 5 3 5

~+ 5 3 3

14. 5 3 5

1 1 1

29 40

39 3

10 1

l0 1

30 ~ 1

17 6

1.8 6

17 6

17_." 5

14.

14. 3 4 5

14. 3 •# 5

14. 3 14. 3

lj. 3 14. 5

14. 3 5 5

¿4. 3 5 5

1 1 1

2 1 1

3 1 1

The Education Industry in Puerto Rico Table 1. Covered iA1U•loyees by Institution, Selected Months, 1968-1970 (continued) Classification and establishment 119. Colegio Santa Teresita, Ponce 120. Colegio Santiago Apostol, Inc. Bayamon 121. Colegio Santiago Apostol, Fajardo . . 122. Colegio Santa Domingo, Bayamon . . 123. Orden Hermanas Dominicas de Amityville d/b/a Colegio Santa Tomas de Aquino - San digan 121. Colegio G. Selles Sola, Hato Rey . 125. Colegio Vedruna, Rio Piedras . . . 126. Cupeyville School, Inc. Rio Piedras 127. Episcopal Diocese ó£ P.R. d/b/a Episcopal Cathedras School

Santurce 128. Escuela Adventista Bethesta #1 San Sebastian 129. Escuela Bautista de Playa de Ponce Ponce Escuela del Carmen, Ponce 130. 131. Escuela Dr. Charles Mohler

Santurce 132. Escuela Elemental Domenech, Inc. Rio Piedras 133. Escuela Guillermo Atiles Moreau Hato Rey

1968

1969

1970

: May : Aug. :Nov. :Feb. : Nay : Aug. :Nov. :Feb. : M r 2

1 9

1 12

1 114.

1 12

1 11

1 12

14.

¿4.

1 12

3 ~+

2 1.

2 11.

2 Ii.

2 ¿4.

2 ii.

2 4 4

2 ¿4. 14.

2 2

1 2

2 2

1 2

2 2

14.

The Education Industry in Puerto Rico Table 1. Covered Employees by Institution, Selected Months, 1968-1970 (continued) Classification and establishment 134. Escuela del Hospital del Nino Guaynabo 135• Escuela Iglesia Evangelica Unida

Fajardó

1969

1970

: lsy : Aug. : Nov. : Feb. : May : Aug. : Nov. : Feb. : May 1

136. Escuela Joseáita Monserrate de Selles,

Inc., ñato Rey

-~ H

~ ~

137. Escuela Los Nereidas, Inc., Santurce 138. Escuela Oriental Adventista Naguabo 139• Escuela Santisima Trinidad, Ponce 140. Fernandez Commercial School Mayaguez 141. George 0. Robi:isoR School, Santurce 142. Hijas de la Caridad San Vicente de Paul, Colegio de Parvulos San Juan

1 2

1 3

2 20

2 17

2 23

2 22

2 21

2 23

143. Holy Rosary School, Yauco

144. Instituto da Ciencias Moderna, Inc. Mayaguez 145. Instituto Comercial de P.R. Hato Rey 146. Instituto Psicopedagogico da P.R. Bayamon 147. Island School Corp., Bayamon

The Education Industry in Puerto Rico Table 1• Covered Emp1ayees by Institution, Selected Months, 1968-1970 (continued) Classification and establishment 148. Liceo Hispanoamericano, Bayamon . • . 149. Liceo Interamericano Castro, Inc. Rio Piedras 150. Liceo Ponceno, Ponce 151. Liceo Puertorriqueno, Inc. Santurce 152. Metropolitan School of Commerce Bayamon 153. Modern Business College, Ponce 154. Nobel International School, Inc. d/b/a Ramirez Commercial High School, Santurce 155. Notre llame High School, Caguas . . 156. Our Lady of:Mt. Carmel, Mayaguez 157. Padres Agustinos de Lomas Verdes, Bayamon, P.R., Inc. d/b/a Colegio San Agustin, Bayamon 158. Robinson Methodist School, Ponce 159. Roya]. Commercial College, Arecibo . 160. Sacred Hem School, Rio Piedras 161• Saint John's School, Santurce • . 162. St. Luke's Episcopal School of Nursing, Ponce 163. Salesian Society d,/b/a Colegio San Juan Bosco, Santurce

1968 1969 1970 Mary : Aug. : Nov. : Feb. : May : Aug. : Nov. : Feb. : 2

6 7

8 7

14.

14 .-

5 5 3

3 5 3_.,

3 7 3

2 7 3

3 7 3

3 8 3

1 9" 3

2 12 3

2 8 8

3 1

2 8 6

3 1

2 8 6

3 8 6

3 8 `6

3 8 6"

3 10 6

8 -"

i ~

The Education Industry in Puerto Rico Table 1. Covered Fluúoyees by Institution, Selected Months, 1968-1970 (Concluded) Classification and establishment

: 196$ 1969 1970 : I y : Aug. : Nov. : Feb. : icy :. Aug. : Nay-. : Feb. : I'r

164, Secretarial High School, Inc. Caguas

165. Wesleyan Acaden y, Guaynabo Institutions of Higher Education

271+

~2 0

~2 (

314.

7l 88

71 86

70 54

114

84 48

14.

107

11.

Ii.

14.

. . .

166. Antillian College, Mayaguez 167. Colegio Universitario del Sagrado

Corazan - Santurce 168. Fundacion Puerto Rico Junior College, Inc. - Rio Piedras . . . 169. Inter American Univ., San Germs . . 170. International Institute of the Americas ofWorld Univ. Hato Rey 171. Universidad Catolica de Puerto

Rico, Ponce

280

223

172. Universidad Catolica de Puerto Rico (Centro de Aguadi1.a)

Aguafl1A

173. Universidad Catolica de Puerto Rico (Centro de Arecibo) Arecibo

174. Universidad Catolica de Puerto Rico (Centro de Mayaguez), Mayaguez . Source: Wage and Hour Division Survey.

The Education Industry in Puerto Rico Table 2. Student Enrollment in Public and Private Schools .in Puerto Rico, Fiscal Years 1966-1970 Type of school

Fiscal year ended

1966 : 1967 : 1968

1969 : 1970

[, 000J TOTAL ENROLLMENT

691

707

715

751

Total Public

623

636

61+3

669

672

Total Private

; 71

11.6`1 1+1,6 +o l+

1181 ij: 11.3 3

11.80 IT ~+~+ 5

15;5 3í $ 16

162

7í +5—

167 11+9 17 1

n Elementary (pre-school and. grades 1-6) Public Accredited private Non-accredited private

~o 39 3

1+58 ~+i5

1+o 3

150

Junior High (grades 7-9) Public Accredited private Non-accredited private

111.5 129

Senior High (grades 10-12) Public Accredited private Non-accredited private

99 7 86

22 88

101

133 16

104

Notes: Dash means less than 500. Details may not all to totals due to rounding. Source: Commonwealth of Puerto Rico, Department oP Education.

- 3ó -

(wH71-7)

{

Table 3. Consumer Price Indexes for Urban Wage Earners and Clerical Workers in the United States and Wage Earners' Families in Puerto Rico, All Items, 1961E - 1970

T957 - 1959 = 1oº7

Indexes

Year, month United States

1964 1965 1966

108.1

1967

1163

1968

1212

111} . 8 117.5

109.9 113.1

1969

1970

Puerto Rico

121.1 126.1 129.6

127.7

133.7

January February March April May June July August September October November December

12.l

January February March April May June

131.8 132.5 133.2 134.0 134.6 135.2

132.1 132.7 133.1 133.1 133.2

124.6 125.6

126.4 126.8

127.6

133.8 134.0 1;4.3 134.3 131E..4

128.2 128.7

129.3 129.8 130.5 131.3

131.5

135 y ~

136.0 136.5 136.6 136.7 137.1E 138.1

Sources: U. S. Bureau of Labor Statistics: Consumer Price Index, United States City Average for Urban Wage Earners and Clerical Workers, 1961E - 1970. Puerto Rico Bureau of Labor Statistics: Consumer Price Index for Wage Earners' Families in Puerto Rico, 1961E - 1970. - 31-

(WH71-7)

APPENDIX A Selected Balance Sheet Items for 30 Institutions in the Industry for Periods Ended in 1967 to 1970

(wx71-7)

Balance Sheet Information fog 30 Educational Institutions in Puerto Rico, Periods aided in 1967-1970

Item

:,ii. s

Acadeaia Prineria Adtentistas 12/31/b8 $

Assets $12,527

Pixed Assets

6,980

Current Assets

Other Assets

Total Assets

19,507

Liabilities and Capital Current Liabilities

2,950

fixed Liabilities

Paid-in Capital

1,855

Retained Earnings Reserve Punds,

3,770 10,933

Total Liabilities and Capital

19,507

ei.

A-1

Ii -.

(Wú71-7)

~ Balance Sheet Information for 30 Educational institutions in Puerto Rico, Periods Ended in 1967-1970

Item

#13. Mennonite Acadea~r

7iif 9 Assets Current Assets

$ 2,100

Fixed Assets

260,198

Other Assets

7,051

Total Assets

269,39

Liabilities and Capital

58,923

Current Liabilities Fixed Liabilities

Capital

210,1+26

Total Liabilities and Capital

269,314-9

A-2

(Wg71-7)

~ Bsi ance Sheet Information for 30 Educational Institutions in Puerto Rico, Periods Ended in 1967-1970

Item

Academia San Ignacio

6jo/6B Assets Current Assets

Fixed Assets

1,269,312

Other Assets

358,29

Total Assets.

153,609

1,781,350

Liabilities and Capital Current Liabilities

" 5,266

Fixed Liabilities

265,616

Paid-in Capital

l,11.61, 3]A 9,151+

Retained Earnings Total Liabilities and Capital

1,781,350

A-3

(WH71-7)

Balance Sheet Ini'ormation for 30 Fducational Institutions in Puerto Rico, Periods Ended in 1967-1970

Item

:426. Academia Santa Monica l2/á.[68

12 / 31/69

Assets Current Assets

$ 8,07'+

$ 9,705

Fixed Assets

800,000

825,000

808,07

831+,705

Other Assets Total Assets

Liabilities and Capital Current Liabilities

Fixed Liabilities

78,891

141,667

Capital

729,183

793,038

8o8,0714.

834,705

Total Liabilities and Capital

A-1+

(WH71-7)

Balance Sheet Information Lor ,30 Educational Institutions in Puerto Rico, Periods Ended{in 1967-1970

Item

: #31.

American Military Academy of Puerta Rico, Inc.

7/31168

7/31/69

Assets Current Assets

$ 87,611.9

$ 87,271E

Fixed Assets

1111.,1i88

123,531

Other Assets

2,500

12,500

2011., 637

223,312

Current Liabilities

123,536

1211, 528

Fixed Liabilities

Paid-in Capital

33,E

Retained Eárnings

?1.7, 501

65, 3811.

204,637

2223,312

Total Assets

Liabilities and Capital

Total Liabilities and Capital

A-~

(wall-7)

~ Balance Sheet Information for 30 Educational Institutions in Puerto Rico, Periods &id d. in 1967-1970

Item

:#32. Antilles Military Academy, Inc.

6/30/69

Assets Current Assets

$ 31+, 538

Fixed Assets

128,x+82

Other Assets

1+63,021

Tabs]. Assets

Liabilities and Fund Ba].ance Current Liabilities

167,999

Fixed Liabilities

222,136

Other Liabilities

133,E

Fund Deficit

(60,387)

Total Liabilities and Fund Balance

1 63,021

A-6

(WH71-7)

Balance Sheet InÍormation for 30 Educational Institutions in Puerto Rico, Periods Ended in 1967-1970

Item

;#3

Baldwin School o Puerto Rico

•:

6I30/69

• :

Assets Current Assets

$30,652

Fixed Assets

18,OOO

Other Assets

1A,181

62,831x.

Total Assets

Liabilities and

und Zglance

88,095

Current Liabilities Fixed Liabilities Fund Balance

(39, 3)

Fund Surplus

1A,181

Total Liabilities and Fund Balance

62,831+

A-7

(wH7l-7)

B1 rn ce Sheet In±ormation for 30 Educational Instituticms in Puerto Rico, Periods Ended in 1967-1970

Item

: #35. Caguas City College, Inc. : 12%31/68 : 12/31/69

Assets Current Assets

$3,588

$2,112

Fixed Assets

5,223

3,686

Other Assets

8905

6,853

7,899

8,150

Total Assets

Liabilities and Capital Current Liabilities Fixed Liabilities

Paid-in Capital

8,J+00

8,500

Deficit

(7,391)

(9,797)

8,905

6,853

Total Liabilities and

Capital

A-8

(WH7l-7)

~. Blence Sheet Information ±or 30 Educational Igstitutions in Puerto Rico, Periods Ended in 1967-1970

#40. Colegio Alejandrino, Inc.

Item

7/31/

7/31/69

Current Assets

$ 5,636

Fixed Assets

12,212

11,865

Other Assets

?13

Assets'

Total Assets

480

18,061

12,346

17,328

14,299

Liabilities and Capital Current Liabilities Fixed Liabilities

Paid-in Capital

4,900

Deficit

(4,167)

(6,853)

18,061

12,346

Total Liabilities and Capital

A=.9

(wr71--7)

Sheet Information for 30 Educational Institutions in Puerto Rico, Periods Ended in 1967-1970

Rai rn, e

Item

: #112. Iglesia Bautista de Carolina : 6/30/69 :

Assets

Current Assets

Fixed Assets

$ 52,861+ 835,907

Other Assets Total Assets •

888,771

Liabilities and Capital

Current Liabilities

30,960

Fixed Liabilities

262,710

Capital

595,071

Total Liabilities and Capital

888,771

A-l0

(án.4)

Balance Sheet Information for 30 Ethicatienal Institutions in Puerto Rico, Periods Ended in 1967-1970

Item

;#'8. Colegio Eugenia Maria de Hostos, Inc. 6/30/69 ° 6/30/óg

Assets Current Assets

$ 87,717

$ 89,29k-

231, 5~+1

223,259

29,216

37,386

311.8,1474

314.3,939

Current Liabilities

108,95+

235,019

Fixed Liabilities

135,15

Paid-in Capital

70,000 ,s

70,000

Retained Earnings

3,375

38,920

38,hi.714.

33,939

Fixed Assets

Other Assets Total Assets

Liabilities and Capital

Total Liabilities and

Capita

A-11

(WH71-7)

Balance Sheet Information for 30 R&rnational Institutions in Puerto Rico, Periods Ended in 1967-1970

Item

Colegio Nuestra Sra. del Carmen :

12/J 6T

Assets Current Assets

$ 10,826

Fixed Assets

225,023

Other Assets

2150

Total Assets

236,299

Liabilities and Capital Current Liabilities

Fixed Liabilities

38,160

Paid-in Capital

186,353

Retained Earnings

11,786

Total Liabilities and 236299

Capital

,•

A-12

(WS7i-7)

Balance Sheet Information for. 30 Educational Institutions in Puerto Rico, Perico Ended in 167-1970

Item

#78.

Colegio Nuestra, Sra. del Pilar 12/31./69 . ..: .2/31/&3 :

Assets Current Assets

$ 2,177

$ 6,792

Fixed Assets Other Assets

90,9311.

Tonal Assets

93,110

Liabilities and Capital Current Liabilities

2,58

Fixed Liabilities

70,000

Paid-in Capital

12,667

(371)

Retained Farnings (Deficit)

21,322

(5,5011-)

Total Liabilities and Capital

93,110

6,792

(75O)

~r B&Lence Sheet Information for 30 Rducational Institutions in Puerto Rico, Periods Ended in 1967-1970

Item

85. Colegio Puertorriqueno de Ninas

7/~1j68

• :

7/31/69

Assets Current Assets

$ 45,242

$ 23,212

Fixed Assets

121,998

502,815

Other Assets

170,2110

526,026

13,279

3116,888

Plant Fund Reserve

890

25,595

Retained Earnings

156,071

153,5113

170,2110

526,026

Total Assets

Liabilities and Capital Current Liabilities Fixed Liabilities

Total Liabilities and Plant Fund

A-111

(WH71-7)

Balance Sheet Information for 3O Eñucatioia]. Institutions in Puerto Rico, Periods Ended in 196,7-1970

Item

áb88. Colegio de]. Sagrado Corazon

600168

Assets Current Assets

Fixed Assets

4,847s8311.

62,956

Other Assets

]+,91O,793-

Total Assets

Liabilities and Capital Current Liabilities

lOi.,729

Fixed Liabilities

8911,891

Paid-in Capital

3,918,232 52,938

Retained Earnings Total Liabilities and Capital

11,910,793-

A-15

(wR71-7)

ThI' Sheet Information for 30 Edneational Institutions in Puerto Rico, Periods Eroded in 3.967-1970

r #101. Colegio $an Ignacio 2

Item

Assets

Current Assets

$ 11,937

Fixed Assets

1,281,636

Other Assets

3'a4,655

Tonal Assets

1,768,229

Liabilities and Capital

Current Liabilities

20,699

Fixed Liabilities

286,216

Paid-in Capital

1,332,735

Retained Earnings

128,580

Total Liabilities and Capital

1,768,229

A-16

(wS71-7)

Balance Sheet Information for 30 Educational institutions in Puerto Rico, Periods Ended in 1967-1970

Item

. • °: -: :

Colegio Santiago Aposta]. 12~337./ • .•

Assets Current Assets Fixed .Assets

71,150

Other Assets

35 7?,935

Total Assets

Liabilities and Genera]._Fund. Current Liabilities

53,208

Fixed Liabilities

3,030

General Fund

16,697

Total Liabilities and Genera.]. Fund

72,935

A-17

tWE?].-7)

~ Bl anne Sheet Information for 30 Educational Institutions in Puerto Rico, Periods Ended in 1967-1970

Item

:#12k. Escuela Gerardo Selles Sala, Inc.

7/31/65

Assets Current Assets

$ 7,88k

Fixed Assets

192,880 4

Other Assets

14.,069 20k,83k

Total Assets

Liabilities and Capital I

Current Liabilities

36,658

Fixed Liabilities

150,000

Paid-in Capital

2,900

Retained Farnings

15,276

Total Liabilities and Capital

204,834

A-18

(wn71-7)

t T& ice Sheet Information for 30 Fd ir'i tioxal Institutions in Puerto Rico, Periods xi ed in 1967-1970 ~ Item

; #126.

CupeyviUe School, Inc.

7/31/68

7131/69

Current Assets

$ 1I+,3A8

$ 11,039

Fixed Assets

155,32

14,378

Other Assets

135

251

169,624

205,668

Current Liabilities

38,099

64,843

Fixed Liabilities

106,917

105,664

Paid-in Capital

10,500

Retained Farnings

14,108

24,661

169,624

205,668

Assets

Total Assets

Liabilities and Capital

Total Liabilities and Capital

A-19

(WR71-7)

Balance Sheet Information for 30 Educational n titutions in Puerto Rico, PeriodB Ended in 1967-1970

Item

136. Escuela J.M. de Selles

[ 69

Assets Current Assets

$ 15,093

Fixed Assets

75,289

Other Assets

2,565 llk,9h8

Total Assets

Liabilities and Capital Current Liabilities

21,79+

Fixed Liabilities

3,21+6

Paid-in Capital

6k, 618

Retained Earnings

25,289

Total Liabilities and Capital

Uk, 9k8

A-20

(wE71-7)

Balance Sheet InZormation for 30 Eduaatienal. Dwbitutiona in Puerto Rico, Perigds Ended in 1967-1970

#145. Instituto Commercial de Puerto Rico

Item ~

12L37.~b$

12/31/69

Assets

$210,808

$390,810

163,867

162,918

362,240

231,113

773 567

784,842

Current Liabilities

111,921

137,994

Fixed Liabilities

149,500.

117,700

59,092

57,438

453,054

471,710

773,567

784,842

Current Assets

Fixed Assets Other Assets Total Assets

Liabilities and Capital

Paid-in Capital

Retained Farnings Total Liabilities and

Capital

A-21

(WS7].-7)

Pj+l once Sheet Information for 30 ii9ais:Ptionat institutions in Puerto Rico, Pads i nded in 1967-1970

Item

: #1A6, Instituto Psicopeaagogico de Puerto Rico 12/31/69 : 12/31JG t

Assets Current Assets

$ 136,13

Fixed Assets

1,1+,787

1,271+,31-5

Other Assets

13,979

Total Assets

22,857

1,261.,879

1,297,202

177,621

150,123

1,035,832

1,087,258

51,1-26

59,821

1,261+,879

1,297,202

Liabilities and Capita].

E ~

Current Liabilities

Fixed Liabilities Paid-in Capital Retained Earnings Total Liabilities and Capital

A-22

(wn71-7)

Eat nce Sheet Information for 30 Educational Institutions in Puerto Rico, Periods Ended in 1967-1970

Item

:#150. Liceo Pcnceno • 5I3L

12/31

Assets

Current Assets

$137,395

$147,392

Fixed Assets

255,451

259,748

Other Assets

3,584

1,956

396,429

409,097

Tartal Assets

Liabilities and Capital 4

80,671

73,569

Paid-in Capital

294, 521

314,938

Retained Earnings

21,237

20,590

396,429

409,097

Current Liabilities

Total Liabilities and Capital

A-23

(wwp.-7)

Fixed Liabilities

Balance Sheet Information for 30 Educational Institutions in Puerto Rico, Periods Ended in 1967-1970 Item

#151. Liceo Puertorriqueno, Inc.

7[31/

7/'3]-/69

Current Assets

$16,189

$ 31,687

Fixed Assets

81,552

79,279

97,7+.1

110,966

Current Liabilities

16,oJ

2,739

Fixed Liabilities

36,900

Paid-in Capital

11,200

Retained Earnings

33,597

38127

97,7]i.].

110,966

• Assets

Other Assets Total Assets

Liabilities and Capital

Total Liabilities and Capital

A-24

(WS71-7)

a I-. Balance Sheet Information for 30 Fducationa1 In&titvtions in Puerto Rico, Periods Bnded in 1967-1970 Item

#152. Fraponte, Inc. 1/31j30 :

Assets Current Assets

$ 10,859

Fixed Assets

81,81A

Other Assets Total Assets

92,673

Liabilities and Capital Current Liabilities

65,653

Fixed Liabilities

20,086

Paid-in Capital

10,000

Deficit

(3,o65)

Total Liabilities and Capital y

92 673

A-25

(rWS7l-7)

~ Y r

Balance Sheet Information for 30 Educational Zastitutions in Puerto Rico, Periods Ended in 1967-1970

Item

:#16i o

Sto John's School : 6/30/6B

6/30/67

Assets Current Assets

$12k, 692

$ 89,77k

Fixed Assets

161,909

217,190

Other Assets Tonal Assets

2,807 293,]A6

309,771

Current Liabilities

63,1+59

68,851

Fixed Liabilities

11.6,28

29,052

Equity

17k, 591

202,1~! 'I

Teachers Retirement Fund

8,668

9,1+21

Total Liabilities and Equity

293,116

309,771

Liabilities and Equity

A-26

(WAgl-7)

a Balance Sheet In±ormation for 30 Educational Institutions in Puerto Rico, Periods Ended in 1967-1970 : #163. Item

Salesian Society d,/b/a Colegio San Juan Bosco 12/31/b8 : :

12/31/69

Assets Current Assets

$ 21,555

Fixed Assets

951,100

1,002,09+

Other Assets

1,756

•972,65

1,016,850

115,E

91,500

Capital

857,655

925,350

Total Liabilities and Capital

912,655

1,016,850

Total Assets

Liabilities and Capital Current Liabilities

Fixed Liabilities

A-27

(ww71-7)

Aal ante Sheet .Information for 30 Educational •liistitutions

in Puerto Rico, Periods bided in 1967-1970

Item

: #164.

Secretarial High School, Inc.

3%31770

Assets Current Assets

$ 8,197

Fixed Assets

25,901

Other Assets

627

Total Assets

31k,729

Liabilities and Capital Current Liabilities

3,576

Fixed Liabilities

17,000

Paid-in Capital

2,000

Retained Earnings

l2L153

Tamal Liabilities and Capital

3 í,T29

A-28

(wS71-7)

a Ra] arome Sheet Inforwation for 30 cationaj. Institutions in Puerto Rico, Periods Ended in 1967-1970 e

Item ~

~ ~166. Anti.l].ian Coye e : . 7/ ~7-~•

Assets Current Assets

$152,826

Fixed Assets

553,687

other Assets 711,513

Total Assets

Liabilities and Capital.

107,351

Current Liabilities Fixed Liabilities

Paid-in Capital

576,329 27,$33

Reserve Fund Total Liabilities and Capital

111,513

A-29

(wr1-7)

~. Balance Sheet Information for 30 Educational

stitutions

in Puerto Rico, Periods. ided in 1967-1970 i

Item

#170. World University

8/31J

Assets

Current Assets

$44,563

$24,718

Fixed Assets

52,883

78,,435

97,146

103,1

Other Assets Total Assets

Liabilities and Fund B i s m'e

20,847

Current Liabilities

14,418

Fixed Liabilities

Unappropriated Surplus

23,717

4,694

Plant Fund

52,883

64,018

97,446

103,154

Total Liabilities and Fund Balance Source:

20,025

Information collected in the Wage and Hour Division survey.

A-3C

íww71-7i