PERUVIAN PARADE INC

EIN: 223222108 501(c)(3) Arts, Culture & Humanities

Paterson, NJ

Total Revenue
$53,858
Total Expenses
$65,996
Total Assets
$17,340
Net Assets
$-760
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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
1987
Legal Domicile
NJ
Phone
2015602625
Tax Period
2024-01-01 to 2024-12-31

PERUVIAN PARADE INC, founded in 1987, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $54K in total revenue in fiscal year 2024. Expenses of $66K exceeded revenue, resulting in a 23% operating deficit.

Mission

THE ORGANIZATION ARRANGES THE EVENTS FOR THE PERUVIAN FESTIVAL, PARADE, BEAUTY PAGEANT, AND ANNIVERSARY GALA COMMEMORATING THE INDEPENDENCE DAY OF PERU.

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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 (2024)

Revenue Breakdown

Contributions & Grants $53,857
Program Service Revenue $0
Investment Income $1
Other Revenue $0
TOTAL REVENUE $53,858

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $14,000
Program Expenses $30,814
Other Expenses $65,996
TOTAL EXPENSES $65,996

Year-over-Year Comparison

2024 2023 Change
Revenue $53,858 N/A N/A
Expenses $65,996 N/A N/A
Net Income $-12,138 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
5
Independent Members
5
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
0
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HECTOR CASTILLO TRUSTEE 0.00
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 $53,858 $65,996 $17,340 $-12,138
2023 $157,050 $160,390 $14,878 $-3,340
2022 $32,550 $40,275 $14,718 $-7,725
2021 $303,819 $283,312 No data $20,507
2020 $30,799 $34,500 No data $-3,701
2019 $190,414 $189,220 No data $1,194
2018 $185,135 $189,268 No data $-4,133
2017 $166,854 $185,542 $8,574 $-18,688
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