WORLD TRADE CENTER MIAMI INC (EIN 591369971) - 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

1971

Legal Domicile

Principal Officer

IVAN BARRIOS

Phone

3058717910

Tax Period

2023-01-01 to 2023-12-31

WORLD TRADE CENTER MIAMI INC, founded in 1971, is a community nonprofit that reported $3.2M in total revenue in fiscal year 2023. Revenue surged 45% from the prior year, signaling strong growth momentum.

Mission

THE WORLD TRADE CENTER SERVES TO INCREASE INTERNATIONAL TRADE AND COMMERCE FOR MIAMI AND PROMOTES MIAMI AS THE TRADE AND LOGISTICS HUB OF THE AMERICAS.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $29,500

Program Service Revenue $3,093,137

Investment Income $39,572

Other Revenue $4,159

TOTAL REVENUE $3,166,368

Expense Breakdown

Grants Paid $0

Salaries & Benefits $903,328

Fundraising Expenses $0

Program Expenses $2,487,432

Other Expenses $2,267,357

TOTAL EXPENSES $3,170,685

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,166,368	$2,178,401	+0.5%
Expenses	$3,170,685	$2,042,774	+0.6%
Net Income	$-4,317	$135,627	-1.0%

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

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

$278,459

Total Directors

$278,459

Key Employees

$368,038

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
VIRGINIA SANCHEZ	CHAIR	1.00	Officer Director	$0	$0	$0
IVAN BARRIOS	PRESIDENT	40.00	Officer Director	$278,459	$0	$278,459
GARY GOLDFARB	TREASURER	1.00	Officer Director	$0	$0	$0
RAFAEL DIAZ-BALART	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTOPHER CONCEPCION	DIRECTOR	1.00	Director	$0	$0	$0
CONCHITA ESPINOSA	DIRECTOR	1.00	Director	$0	$0	$0
MARIE GILL	DIRECTOR	1.00	Director	$0	$0	$0
ALEXANDROS ALDOUS	DIRECTOR	1.00	Director	$0	$0	$0
JERRY HAAR	DIRECTOR	1.00	Director	$0	$0	$0
CHRIS HODGKINS	DIRECTOR	1.00	Director	$0	$0	$0
MANUEL MENCIA	DIRECTOR	1.00	Officer Director	$0	$0	$0
FRED KARLINSKY	DIRECTOR	1.00	Director	$0	$0	$0
OLGA RAMUDO	DIRECTOR	1.00	Director	$0	$0	$0
GERARD PHILIPPEAUX	DIRECTOR	1.00	Director	$0	$0	$0
BARBIE PIMENTEL	DIRECTOR	1.00	Director	$0	$0	$0
EDDIE BORREGO	DIRECTOR	1.00	Director	$0	$0	$0
ANDREW CARRICARTE	DIRECTOR	1.00	Director	$0	$0	$0
CARLOS FERNANDEZ-GUZMAN	DIRECTOR	1.00	Director	$0	$0	$0
DEBORAH STERN	DIRECTOR	1.00	Director	$0	$0	$0
DESMOND ALUFOHAI	DIRECTOR	2.00	Director	$0	$0	$0
LISA FLEISCHMAN	DIRECTOR	1.00	Director	$0	$0	$0
CHRIS MANGOS	DIRECTOR	1.00	Director	$0	$0	$0
FRANK VISCONTI	DIRECTOR	1.00	Director	$0	$0	$0
TERESA FOXX	DIRECTOR	1.00	Director	$0	$0	$0
PAMELA FUERTES	DIRECTOR	1.00	Director	$0	$0	$0
ALICE ANCONA	COO	40.00	Key Emp	$214,870	$0	$214,870
ROBERTO BERRIOS	DIRECTOR OF SALES	40.00	Key Emp	$153,168	$0	$153,168

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	$3,166,368	$3,170,685	$4,027,812	$-4,317
2022	$2,178,401	$2,042,774	$4,411,361	$135,627
2021	$173,923	$773,953	$4,602,034	$-600,030
2020	$223,005	$1,666,091	$4,899,028	$-1,443,086
2019	$2,177,841	$1,795,064	$5,883,239	$382,777
2018	$1,476,384	$1,370,227	$5,632,763	$106,157

WORLD TRADE CENTER MIAMI INC