ORITEL INC (EIN 208671576) - 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

2007

Legal Domicile

Principal Officer

EDWIN RIVAS

Phone

3054447899

Tax Period

2023-01-01 to 2023-12-31

ORITEL INC, founded in 2007, is a small nonprofit that reported $385K in total revenue in fiscal year 2023. Revenue fell 43% from the prior year — a significant decline worth monitoring. Expenses of $367K left a modest 5% surplus.

Mission

IMPROVE THE QUALITY OF LIFE OF HANDICAPPED CHILDREN LIVING IN LATIN AMERICAN COUNTRIES OR ANY SUCH COUNTRIES AS MAY BE DETERMINED BY THE BOARD OF DIRECTORS FROM TIME TO TIME.

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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 $385,430

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $385,430

Expense Breakdown

Grants Paid $38,971

Salaries & Benefits $176,300

Fundraising Expenses $467

Program Expenses $220,757

Other Expenses $151,555

TOTAL EXPENSES $366,826

Year-over-Year Comparison

	2023	2022	Change
Revenue	$385,430	$671,759	-0.4%
Expenses	$366,826	$943,737	-0.6%
Net Income	$18,604	$-271,978	-1.1%

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

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

Total Directors

$132,300

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARIA VERONICA RATTIN	CHIEF EXEC.	40.00	Director	$132,300	$0	$132,300
EDWIN RIVAS	PRESIDENT	2.00	Director	$0	$0	$0
NILDA MORALES	TREASURER	2.00	Director	$0	$0	$0
IGNACIO ZAPATA	VICE PRESIDE	2.00	Director	$0	$0	$0
FERNANDO LANDEROS	DIRECTOR	2.00	Director	$0	$0	$0
XIMENA CASAREJOS	DIRECTOR	2.00	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	$385,430	$366,826	$478,508	$18,604
2022	$671,759	$943,737	$462,254	$-271,978
2021	$723,275	$591,572	$930,593	$131,703
2020	$1,122,847	$1,305,436	$1,109,149	$-182,589
2020	$1,395,580	$1,310,557	$1,072,031	$85,023
2019	$1,249,512	$509,632	$1,295,115	$739,880
2018	$376,854	$501,244	$556,506	$-124,390

ORITEL INC