FESTIVAL PUERTORIQUENO DE MASSACHU… - Form 990 Financial Data

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2015

Legal Domicile

Principal Officer

MARILYN RIVERA

Phone

6178330382

Tax Period

2024-10-01 to 2025-09-30

FESTIVAL PUERTORIQUENO DE MASSACHUSETTS INC, founded in 2015, is a small nonprofit in the Arts, Culture & Humanities sector that reported $225K in total revenue in fiscal year 2024. Expenses of $258K exceeded revenue, resulting in a 15% operating deficit.

Mission

THE PROMOTION OF PUERTO RICAN HERITAGE AND CULTURE

Program Service Accomplishments

Program 1

Expenses: $244,062 Revenue: $121,965

THE PROMOTION OF THE CULTURAL ACTIVBITIES INVOLVING PUERTO RICAN HERITAGE AND CULTURE TO INCLUDE A PARADE FOR EXHIBITION TO THE PUBLIC AT LARGE.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $102,981

Program Service Revenue $121,965

Investment Income $0

Other Revenue $0

TOTAL REVENUE $224,946

Expense Breakdown

Grants Paid $10,500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $244,062

Other Expenses $247,297

TOTAL EXPENSES $257,797

Year-over-Year Comparison

	2024	2023	Change
Revenue	$224,946	$228,599	0.0%
Expenses	$257,797	$236,649	+0.1%
Net Income	$-32,851	$-8,050	+3.1%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARILYN RIVERA	PRESIDENT	5.00	Officer	$0	$0	$0
ROSA MELENDEZ	SECRETARY	2.00	Officer	$0	$0	$0
ERIC RIVAS	TREASURER	5.00	Officer	$0	$0	$0
MICHAEL MARTINEZ	COMMUNITY ENGAGEMENT DIRECTOR	2.00	Officer	$0	$0	$0
JOSE CRUZ	VENDOR MANAGEMENT DIRECTOR	2.00	Officer	$0	$0	$0
BALDWIN LEON	LOGISTICS AND SECURITY DIRECTOR	2.00	Officer	$0	$0	$0
JOAQUIN FLORES	ASSISTANT TREASURER	2.00	Officer	$0	$0	$0
MICHAEL MERCADO	STAGE DIRECTOR	2.00	Officer	$0	$0	$0
JAILENE R AYALA	ASSISTANT STAGE DIRECTOR	2.00	Officer	$0	$0	$0
MARISA AYALA	PARADE DIRECTOR	2.00	Officer	$0	$0	$0
NANCY GARCIA	PAGEANT DIRECTOR	2.00	Officer	$0	$0	$0
JOMARY SOLANO	ASSISTANT PAGEANT DIRECTOR	2.00	Officer	$0	$0	$0
ALEXIS MUNOZ	ASSISTANT PARADE DIRECTOR	2.00	Officer	$0	$0	$0
NICOLE COLON	HEALTH FAIR DIRECTOR	2.00	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$224,946	$257,797	$65,419	$-32,851
2024	$228,599	$236,649	$98,270	$-8,050

FESTIVAL PUERTORIQUENO DE MASSACHUSETTS INC