RIO GRANDE VALLEY CHAPTER INDEPENDENT ELECTRICAL CONTRACTORS INC (EIN 237127834) - 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

1966

Legal Domicile

Principal Officer

AGAPITO PEREZ JR

Phone

9564284878

Tax Period

2023-01-01 to 2023-12-31

RIO GRANDE VALLEY CHAPTER INDEPENDENT ELECTRICAL CONTRACTORS INC, founded in 1966, is a small nonprofit that reported $195K in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $181K left a modest 7% surplus.

Mission

PROVIDE TRAINING FOR ELECTRICAL CONTRACTORS AND THEIR EMPLOYEES

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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 $82,814

Program Service Revenue $112,218

Investment Income $33

Other Revenue $0

TOTAL REVENUE $195,065

Expense Breakdown

Grants Paid $419

Salaries & Benefits $68,422

Fundraising Expenses $0

Program Expenses $126,870

Other Expenses $112,203

TOTAL EXPENSES $181,044

Year-over-Year Comparison

	2023	2022	Change
Revenue	$195,065	$175,360	+0.1%
Expenses	$181,044	$153,696	+0.2%
Net Income	$14,021	$21,664	-0.4%

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

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

$19,865

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALBERT ROCHA	SEC/TREAS	1.00	Director	$0	$0	$0
MICHAEL GERDES	PRESIDENT	1.00	Director	$0	$0	$0
AGAPITO PEREZ JR	EXECUTIVE DIRECTOR	20.00	Director	$19,865	$0	$19,865
AMADOR PEREZ	VICE PRESIDENT	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
2024	No data	No data	No data	No data
2023	$195,065	$181,044	$287,938	$14,021
2022	$175,360	$153,696	$274,349	$21,664
2021	$272,030	$160,222	$249,985	$111,808

RIO GRANDE VALLEY CHAPTER INDEPENDENT ELECTRICAL CONTRACTORS INC