COOPERATIVA DE AHORRO Y CREDITO DE AIBONITENA (EIN 660213182) - 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

1950

Legal Domicile

Principal Officer

CARLOS F ORTIZ DIAZ

Phone

7877354131

Tax Period

2023-01-01 to 2023-12-31

COOPERATIVA DE AHORRO Y CREDITO DE AIBONITENA, founded in 1950, is a mid-sized nonprofit that reported $12.5M in total revenue in fiscal year 2023. Revenue surged 59% from the prior year, signaling strong growth momentum. The organization ran a surplus of $3.1M, a strong 25% operating margin.

Mission

IT IS A NON PROFIT ORGANIZATION AND IS PRIMARILY DEDICATED TO RECEIVE SAVINGS FROM ITS MEMBERS IN THE FORM OF SHARES AND DEPOSITS.

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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 $0

Program Service Revenue $0

Investment Income $7,728,556

Other Revenue $4,727,377

TOTAL REVENUE $12,455,933

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,842,310

Fundraising Expenses $0

Program Expenses $0

Other Expenses $7,533,257

TOTAL EXPENSES $9,375,567

Year-over-Year Comparison

	2023	2022	Change
Revenue	$12,455,933	$7,819,451	+0.6%
Expenses	$9,375,567	$6,141,174	+0.5%
Net Income	$3,080,366	$1,678,277	+0.8%

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

$109,241

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CARLOS F ORTIZ DIAZ	PRESIDENT	55	Highest	$120,000	$0	$120,000
HAROL O COLON	VP OF OPERATION	55	Key Emp	$59,238	$0	$59,238
JESSICA ARROYO ALVARADO	MANAGER OF CREDIT	55	Key Emp	$50,003	$0	$50,003

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
2023	$12,455,933	$9,375,567	$150,333,661	$3,080,366
2022	$7,819,451	$6,141,174	$142,745,242	$1,678,277

COOPERATIVA DE AHORRO Y CREDITO DE AIBONITENA