FESTIVAL PUERTORIQUENO DE MASSACHUSETTS INC (EIN 042701436) - Form 990 Financial Analysis & Trantor Score

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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

Tax Period

2023-10-01 to 2024-09-30

FESTIVAL PUERTORIQUENO DE MASSACHUSETTS INC, founded in 2015, is a small nonprofit in the Arts, Culture & Humanities sector that reported $229K in total revenue in fiscal year 2023. Revenue surged 83% from the prior year, signaling strong growth momentum.

Mission

THE PROMOTION OF PUERTO RICAN HERITAGE AND CULTURE

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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 (2023)

Revenue Breakdown

Contributions & Grants $176,299

Program Service Revenue $52,300

Investment Income $0

Other Revenue $0

TOTAL REVENUE $228,599

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $233,230

Other Expenses $236,649

TOTAL EXPENSES $236,649

Year-over-Year Comparison

	2023	2022	Change
Revenue	$228,599	$125,049	+0.8%
Expenses	$236,649	$131,633	+0.8%
Net Income	$-8,050	$-6,584	+0.2%

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
MARISA AYALA	PARADE DIRECTOR	2.00	Officer	$0	$0	$0
JAILENE R AYALA	ASSISTANT STAGE DIRECTOR	2.00	Officer	$0	$0	$0
MICHAEL MERCADO	STAGE DIRECTOR	2.00	Officer	$0	$0	$0
NANCY GARCIA	PAGEANT DIRECTOR	2.00	Officer	$0	$0	$0
NICOLE COLON	HEALTH FAIR DIRECTOR	2.00	Officer	$0	$0	$0
ALEXIS MUNOZ	ASSISTANT PARADE DIRECTOR	2.00	Officer	$0	$0	$0
JOMARY SOLANO	ASSISTANT PAGEANT DIRECTOR	2.00	Officer	$0	$0	$0
ERIC RIVAS	TREASURER	0.00	Officer	$0	$0	$0
ROSA MELENDEZ	SECRETARY	2.00	Officer	$0	$0	$0
MARILYN RIVERA	PRESIDENT	5.00	Officer	$0	$0	$0
MICHAEL MARTINEZ	COMMUNITY ENGAGEMENT DIRECTOR	2.00	Officer	$0	$0	$0
JOAQUIN FLORES	ASSISTANT TREASURER	2.00	Officer	$0	$0	$0
BALDWIN LEON	LOGISTICS AND SECURITY DIRECT	2.00	Officer	$0	$0	$0
JOSE CRUZ	VENDOR MANAGEMENT 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
2024	$228,599	$236,649	$98,270	$-8,050

FESTIVAL PUERTORIQUENO DE MASSACHUSETTS INC