CORAL PARK COMMUNITY OUTREACH INC (EIN 273478872) - 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

2010

Legal Domicile

Principal Officer

Ivonne Heredia

Phone

3055590241

Tax Period

2023-01-01 to 2023-12-31

CORAL PARK COMMUNITY OUTREACH INC, founded in 2010, is a community nonprofit in the Education sector that reported $2.0M in total revenue in fiscal year 2023. Revenue surged 21% from the prior year, signaling strong growth momentum. Expenses of $1.9M left a modest 3% surplus.

Mission

To reach out in the community meeting basic needs and education

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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 $2,012,766

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $2,012,766

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,178,454

Fundraising Expenses $0

Program Expenses $1,949,377

Other Expenses $770,923

TOTAL EXPENSES $1,949,377

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,012,766	$1,669,958	+0.2%
Expenses	$1,949,377	$1,756,384	+0.1%
Net Income	$63,389	$-86,426	-1.7%

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Carlos Tellez	Director / President	4.00	Director	$0	$0	$0
Ivonne Heredia	Director	4.00	Director	$0	$0	$0
Damaris Labrada	Director	5.00	Director	$0	$0	$0
Ali Paula	Director	0.00	Director	$0	$0	$0
Antonio Rodriguez	Director	0.00	Director	$0	$0	$0
Mayra Trujillo	Director	0.00	Director	$0	$0	$0
Guadalupe Perez	Director	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	No data	No data	No data	No data
2023	$2,012,766	$1,949,377	$149,433	$63,389
2022	$1,669,958	$1,756,384	$72,541	$-86,426
2021	$1,523,043	$1,593,948	$169,525	$-70,905
2020	$1,591,410	$1,498,404	$274,830	$93,006

CORAL PARK COMMUNITY OUTREACH INC