CARIBBEAN SCHOOL INC CARIBBEAN SCHOOL INC

EIN: 660234885 501(c)(3)

Ponce, PR

Total Revenue
$4,149,052
Total Expenses
$3,997,722
Total Assets
$3,526,185
Net Assets
$2,004,785
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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
1954
Legal Domicile
PR
Principal Officer
MARITZA SANTIAGO
Phone
7878432048
Tax Period
2023-07-01 to 2024-06-30

CARIBBEAN SCHOOL INC CARIBBEAN SCHOOL INC, founded in 1954, is a community nonprofit that reported $4.1M in total revenue in fiscal year 2023. Revenue surged 30% from the prior year, signaling strong growth momentum. Expenses of $4.0M left a modest 4% surplus.

Mission

THE INSTITUTION PROVIDES EXCELLENT EDUCATION TO STUDENTS IN ORDER TO PROVIDE A SOUND BACKGROUND WHEN THEY REACH UNIVERSITY LEVEL

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $147,327
Program Service Revenue $3,991,920
Investment Income $9,805
Other Revenue $0
TOTAL REVENUE $4,149,052

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,472,922
Fundraising Expenses $0
Program Expenses $3,216,327
Other Expenses $1,524,800
TOTAL EXPENSES $3,997,722

Year-over-Year Comparison

2023 2022 Change
Revenue $4,149,052 $3,203,440 +0.3%
Expenses $3,997,722 $3,536,604 +0.1%
Net Income $151,330 $-333,164 -1.5%
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

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Governance

Voting Members
8
Independent Members
8
Employees
107
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
0
$0
Total Directors
8
$0
Key Employees
1
$50,003
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARITZA SANTIAGO PRESIDENT 8.000
Director
$0 $0 $0
CHRISTINE MUNOZ VICE PRESIDENT 8.000
Director
$0 $0 $0
LOUIS VILLANO SECRETARY 8.000
Director
$0 $0 $0
GUSTAVO A MUNOZ ALVARADO TREASURER 8.000
Director
$0 $0 $0
MARIA MERCEDES FERNANDEZ DIRECTOR 8.000
Director
$0 $0 $0
VIVIAN LESPIER DIRECTOR 8.000
Director
$0 $0 $0
HECTOR A SANTINI UMPIERRE DIRECTOR 8.000
Director
$0 $0 $0
LUIS MARTINEZ DIRECTOR 8.000
Director
$0 $0 $0
SOL E LEON LEON Head of School 40.00
Highest
$104,998 $0 $104,998
VERONICA FUENTES RIVERA Dean of Academics 40.00
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
2025 No data No data No data No data
2024 $4,149,052 $3,997,722 $3,526,185 $151,330
2023 $3,203,440 $3,536,604 $3,315,320 $-333,164
2021 $3,097,431 $2,720,374 $3,898,422 $377,057
2020 $3,196,932 $3,326,091 $3,393,132 $-129,159
2019 $3,573,987 $3,522,119 $3,445,144 $51,868
2018 $3,491,205 $3,406,577 $3,230,124 $84,628
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