RIO SOUTH TEXAS ECONOMIC COUNCIL (EIN 263540644) - 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

2008

Legal Domicile

Principal Officer

RAFAEL TAPIA

Phone

9566477832

Tax Period

2019-10-01 to 2020-09-30

RIO SOUTH TEXAS ECONOMIC COUNCIL, founded in 2008, is a small nonprofit that reported $199K in total revenue in fiscal year 2019. Revenue surged 71% from the prior year, signaling strong growth momentum. Expenses of $182K left a modest 9% surplus.

Mission

TO ENGAGE IN MARKETING ACTIVITIES FOR THE PURPOSE OF GENERATING OPPORTUNITIES THAT WILL RESULT IN ECONOMIC EXPANSION AND DIVERSIFICATION IN HIDALGO, CAMERO,WILLACY,STARR,WEBB,ZAPATA AND JIM HOGG COUNTIES OF SOUTH TEXAS AND THE MUNICIPALITIES LOCATED IN SUCH COUNTIES. (THE RIO SOUTH TEXAS REGION)

🔒

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 (2019)

Revenue Breakdown

Contributions & Grants $199,011

Program Service Revenue $0

Investment Income $75

Other Revenue $0

TOTAL REVENUE $199,086

Expense Breakdown

Grants Paid $0

Salaries & Benefits $72,926

Fundraising Expenses $0

Program Expenses $118,882

Other Expenses $109,131

TOTAL EXPENSES $182,057

Year-over-Year Comparison

	2019	2018	Change
Revenue	$199,086	$116,609	+0.7%
Expenses	$182,057	$205,397	-0.1%
Net Income	$17,029	$-88,788	-1.2%

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

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
Matt Z Ruszczak	Executive Director	40.00		$67,455	$0	$67,455
RAFAEL TAPIA	Chairman	2.00	Officer Director	$0	$0	$0
PAT BEARD	Director	2.00	Director	$0	$0	$0
RAMIRO ALEMAN	Treasurer	2.00	Officer Director	$0	$0	$0
RAUDEL GARZA	Director	2.00	Director	$0	$0	$0
JESSICA GRACIDA	Director	2.00	Director	$0	$0	$0
TORSTEN BUCHWALD	Director	2.00	Director	$0	$0	$0
KEITH PATRIDGE	Director	2.00	Director	$0	$0	$0
EDUARDO CAMPIRANO	Director	2.00	Director	$0	$0	$0
DARLA LAPEYRE	Director	2.00	Director	$0	$0	$0
MARIE McDERMOTT	PastChairperson	2.00	Officer Director	$0	$0	$0
RENE GONZALEZ	Vice Chair	2.00	Officer Director	$0	$0	$0
RICHARD SANCHEZ	Secretary	2.00	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
2020	$199,086	$182,057	$45,625	$17,029
2018	$131,784	$208,177	$142,760	$-76,393

RIO SOUTH TEXAS ECONOMIC COUNCIL