Promesa Administrative Services Organization Inc (EIN 133653276) - 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

1990

Legal Domicile

Principal Officer

LYMARIS ALBORS

Phone

7182991100

Tax Period

2023-01-01 to 2023-12-31

Promesa Administrative Services Organization Inc, founded in 1990, is a mid-sized nonprofit in the Human Services sector that reported $12.3M in total revenue in fiscal year 2023.

Mission

TO PROVIDE ALL SUPERVISORY AND ADMIN SERVICES FOR EACH OF THE ACACIA NETWORK ENTITIES.

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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 $0

Program Service Revenue $12,307,774

Investment Income $0

Other Revenue $280

TOTAL REVENUE $12,308,054

Expense Breakdown

Grants Paid $0

Salaries & Benefits $12,307,794

Fundraising Expenses $0

Program Expenses $12,307,794

Other Expenses $0

TOTAL EXPENSES $12,307,794

Year-over-Year Comparison

	2023	2022	Change
Revenue	$12,308,054	$11,742,010	+0.0%
Expenses	$12,307,794	$11,513,590	+0.1%
Net Income	$260	$228,420	-1.0%

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

$3,429,198

Total Directors

Key Employees

$1,421,956

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RAUL RUSSI	PRESIDENT	0.0	Officer	$0	$70,634	$980,006
Lymaris Albors	CHIEF Executive OFFICER	0.0	Officer	$0	$39,080	$842,966
Jose A Rodriguez	CHIEF LEGAL OFFICER/ Exec V.P	0.0	Officer	$602,553	$37,084	$639,637
Vicky Gatell	CHIEF FINANCIAL OFFICER	0.0	Officer	$454,869	$42,707	$497,576
DAVID COLLYMORE	CMO/Senior VP Clinical affairs	0.0	Key Emp	$424,275	$48,466	$472,741
Maria Del Carmen Arroyo	Chief Administrative Officer	0.0	Officer	$426,112	$42,901	$469,013
steve kadin	EVP Finance	0.0	Key Emp	$313,739	$27,776	$341,515
giamara m rosado	SVP/Executive Deputy Counsel	0.0	Key Emp	$276,689	$46,570	$323,259
jesus pedrosa	SVP Facilities	0.0	Highest	$250,007	$35,942	$285,949
KATRINA JONES	SVP HR & talent management	0.0	Key Emp	$248,588	$35,853	$284,441
William Brooks	Controller	0.0	Highest	$208,987	$37,403	$246,390
EDDIE KOCOVIC	Assistant VP of IT/CISO	0.0	Highest	$165,766	$41,307	$207,073
Gabriela Gonzalez	SVP of EA & strategic planning	0.0	Highest	$159,304	$41,015	$200,319
EDITH M Turnbull	Director of Procurement	0.0	Highest	$165,047	$35,066	$200,113
Wilfred Renta	TREASURER	1.0	Officer Director	$0	$0	$0
Henry Comas	VICE CHAIR	1.0	Officer Director	$0	$0	$0
Elizer Rodriguez Esq	BOARD MEMBER	1.0	Director	$0	$0	$0
Gilbert Hernandez	SECRETARY	1.0	Officer Director	$0	$0	$0
Carmen J Villa-Lugo Esq	CHAIR	1.0	Officer Director	$0	$0	$0
Walter Mack Esq	BOARD Member	1.0	Director	$0	$0	$0
Kaleb H Sanchez Esq	BOARD Member	1.0	Director	$0	$0	$0
Federico Perez	BOARD Member	1.0	Director	$0	$0	$0
Carmen S Melero	BOARD Member	1.0	Director	$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	No data	No data	No data	No data
2023	$12,308,054	$12,307,794	$12,498,962	$260
2022	$11,742,010	$11,513,590	$10,973,447	$228,420
2021	$12,122,937	$12,167,321	$9,132,615	$-44,384
2020	$10,598,327	$10,730,389	$7,075,188	$-132,062
2019	$10,874,848	$10,873,268	$5,856,454	$1,580
2018	$10,428,587	$10,416,954	$4,809,484	$11,633

Promesa Administrative Services Organization Inc