RIO GRANDE VALLEY COMMUNITY FOUNDA… - Form 990 Financial Data

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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

2002

Legal Domicile

Principal Officer

Charlie Lopez

Phone

9566822871

Tax Period

2023-01-01 to 2023-12-31

RIO GRANDE VALLEY COMMUNITY FOUNDATION, founded in 2002, is a small nonprofit in the Recreation & Sports sector that reported $445K in total revenue in fiscal year 2023. Revenue surged 42% from the prior year, signaling strong growth momentum. The organization ran a surplus of $105K, a strong 24% operating margin.

Mission

Promotion of fine arts in the city of McAllen, Texas and surrounding area.

Program Service Accomplishments

Program 1

Expenses: $332,312

Grants to organizations promoting arts in the city of McAllen, Texas and surrounding area

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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 $419,982

Program Service Revenue $50

Investment Income $25,222

Other Revenue $0

TOTAL REVENUE $445,254

Expense Breakdown

Grants Paid $320,312

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $332,312

Other Expenses $19,805

TOTAL EXPENSES $340,117

Year-over-Year Comparison

	2023	2022	Change
Revenue	$445,254	$314,114	+0.4%
Expenses	$340,117	$409,205	-0.2%
Net Income	$105,137	$-95,091	-2.1%

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

N/A

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
Larry Delgado	Director	0.50	Director	$0	$0	$0
Ricky Longoria	Director	0.50	Director	$0	$0	$0
Elizabeth Suarez	Director	0.50	Director	$0	$0	$0
Maurice Welton	Director	0.50	Director	$0	$0	$0
Susan Valverde	Director	0.50	Director	$0	$0	$0
Charlie Lopez	Chairman	0.50	Director	$0	$0	$0
David Estes	VICE CHAIRMAN	2.00	Director	$0	$0	$0
Joe Brown	Director	0.50	Director	$0	$0	$0
Jesse De Leon	Director	0.50	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	$445,254	$340,117	$885,858	$105,137
2022	$314,114	$409,205	$780,621	$-95,091
2021	$445,248	$224,085	$853,942	$221,163
2020	$161,779	$142,408	$634,631	$19,371
2019	$219,609	$204,353	$615,260	$15,256
2018	$202,792	$103,194	$605,035	$99,598

RIO GRANDE VALLEY COMMUNITY FOUNDATION