EAST NEWARK PORTUGUESE AMERICAN CIVIC ASSOCIATION INC (EIN 223498242) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1997

Legal Domicile

Principal Officer

MANUEL COSTA

Phone

9734819025

Tax Period

2024-01-01 to 2024-12-31

EAST NEWARK PORTUGUESE AMERICAN CIVIC ASSOCIATION INC, founded in 1997, is a micro nonprofit that reported $1K in total revenue in fiscal year 2024. Revenue fell 92% from the prior year — a significant decline worth monitoring. Expenses of $68K exceeded revenue, resulting in a 5690% operating deficit.

Mission

THE PURPOSE FOR WHICH THIS ORGANIZATION IS FORMED IS TO PROMOTE SOCIAL, CIVIC AND CULTURAL INTERRALATIONS AMONGST THE PORTUGUESE AMERICANS OF EAST NEWARK. THE ORGANIZATION IS ORGANIZED EXCLUSIVELY FOR CHARITABLE, RELIGIOUS, EDUCATIONAL AND SCIENTIFIC PURPOSES, INCLUDING, FOR SUCH PURPOSES, THE MAKING OF DISTRIBUTIONS, TO ORGANIZATIONS THAT QUALIFY AS EXEMPT ORGANIZATIONS UNDER SECTION 501(C) (3) OF THE INTERNAL REVENUE CODE.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $455

Program Service Revenue $0

Investment Income $716

Other Revenue $0

TOTAL REVENUE $1,171

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $67,805

TOTAL EXPENSES $67,805

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,171	$15,042	-0.9%
Expenses	$67,805	$36,327	+0.9%
Net Income	$-66,634	$-21,285	+2.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANTONIO MATOS	VICE PRESIDENT	8.00	Officer Director	$0	$0	$0
JOSE FREITAS	PUBLIC RELATIONS	8.00	Officer Director	$0	$0	$0
JOAO CARLOS NEVES	TREASURER	8.00	Officer Director	$0	$0	$0
TATIANA COSTA	SECRETARY	8.00	Officer Director	$0	$0	$0
VITOR SILVA	PRESIDENT	8.00	Officer 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	$1,171	$67,805	No data	$-66,634
2023	$15,042	$36,327	$66,634	$-21,285
2022	$39,829	$44,893	$87,919	$-5,064
2021	$46,783	$31,455	$92,983	$15,328
2020	$23,004	$29,252	$77,655	$-6,248
2019	$42,315	$36,923	$83,903	$5,392
2018	$43,427	$34,485	$78,511	$8,942

EAST NEWARK PORTUGUESE AMERICAN CIVIC ASSOCIATION INC