216 SOMERSET COMPANY (EIN 233047862) - 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

2000

Legal Domicile

Principal Officer

MARY LYNN ALVARINO

Phone

2157638870

Tax Period

2024-07-01 to 2025-06-30

216 SOMERSET COMPANY, founded in 2000, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $256K in total revenue in fiscal year 2024. The organization ran a surplus of $56K, a strong 22% operating margin.

Mission

216 SOMERSET COMPANY IS ORGANIZED FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, AND TO CARRY OUT THE PURPOSES OF CONGRESO DE LATINOS UNIDOS, INC. 216 SOMERSET COMPANY WILL ENGAGE IN ACTIVITIES THAT CONGRESO WOULD OTHERWISE ENGAGE IN ON ITS OWN BEHALF, SUCH AS HOLDING TITLE TO AND MANAGING REAL PROPERTY FOR THE BENEFIT OF CONGRESO.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $248,517

Investment Income $7,931

Other Revenue $0

TOTAL REVENUE $256,448

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $200,867

Other Expenses $200,867

TOTAL EXPENSES $200,867

Year-over-Year Comparison

	2024	2023	Change
Revenue	$256,448	$255,828	+0.0%
Expenses	$200,867	$203,867	0.0%
Net Income	$55,581	$51,961	+0.1%

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

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

$448,229

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RICH DEPIANO JR	BOARD CHAIR & PRESIDENT	1.00	Officer Director	$0	$0	$0
ROBERT AHRENS	SECRETARY	1.00	Officer Director	$0	$0	$0
JANNETTE DIAZ	MEMBER	1.00	Director	$0	$22,739	$248,571
MARY LYNN ALVARINO	MEMBER	1.00	Director	$0	$18,151	$199,658
JESSICA DEJESUS	MEMBER (EFF 9/24)	1.00	Director	$0	$0	$0
CARLOS GIRALDO	MEMBER (EFF 9/24)	1.00	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
2025	$256,448	$200,867	$4,442,794	$55,581
2024	No data	No data	No data	No data
2023	$216,909	$208,765	$4,476,874	$8,144
2022	$216,032	$211,217	$4,530,555	$4,815
2021	$219,747	$231,476	$4,594,104	$-11,729
2020	$223,124	$203,063	$3,844,659	$20,061
2019	$165,698	$147,871	$3,912,138	$17,827
2018	$115,018	$35,786	$2,029,178	$79,232

216 SOMERSET COMPANY