RIVERA MEMORIAL FOUNDATION INC

EIN: 061536766 501(c)(3) Youth Development

Waterbury, CT

Total Revenue
$599,967
Total Expenses
$481,979
Total Assets
$388,533
Net Assets
$378,210
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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
1996
Legal Domicile
CT
Tax Period
2023-02-01 to 2024-01-31

RIVERA MEMORIAL FOUNDATION INC, founded in 1996, is a small nonprofit in the Youth Development sector that reported $600K in total revenue in fiscal year 2023. The organization ran a surplus of $118K, a strong 20% operating margin.

Mission

The Rivera Memorial Foundation, Inc., strives to develop, nurture, and empower the full human potential of all members and participants of the organization through a united effort of the Rivera Memorial Foundation and its staff, members, and community.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $575,100
Program Service Revenue $21,541
Investment Income $0
Other Revenue $3,326
TOTAL REVENUE $599,967

Expense Breakdown

Grants Paid $0
Salaries & Benefits $96,640
Fundraising Expenses $0
Program Expenses $441,802
Other Expenses $385,339
TOTAL EXPENSES $481,979

Year-over-Year Comparison

2023 2022 Change
Revenue $599,967 N/A N/A
Expenses $481,979 N/A N/A
Net Income $117,988 N/A N/A
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

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Governance

Voting Members
7
Independent Members
7
Employees
7
Volunteers
N/A

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
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JINNY KILIMAS EXECUTIVE SECRETARY 10.00
Officer
$0 $0 $0
JESSICA OCASIO EXECUTIVE DIRECTOR 30.00
Officer
$0 $0 $0
MARITZA RIVERA EXECUTIVE PRESIDENT 30.00
Officer
$0 $0 $0
MAGDALENA VALENTINE-CAMPOS EXECUTIVE VICE PRESIDENT 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 No data No data No data No data
2024 $599,967 $481,979 $388,533 $117,988
2023 $336,736 $249,129 $277,953 $87,607
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