COOPERATIVA DE AHORRO Y CREDITO DE BARRANQUITAS (EIN 660266453) - 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

1954

Legal Domicile

Phone

7878570250

Tax Period

2024-01-01 to 2024-12-31

COOPERATIVA DE AHORRO Y CREDITO DE BARRANQUITAS, founded in 1954, is a mid-sized nonprofit that reported $30.6M in total revenue in fiscal year 2024. The organization ran a surplus of $9.0M, a strong 29% operating margin.

Mission

A NON PROFIT ORGANIZATION PRIMARILY DEDICATED TO RECEIVE SAVINGS FORM 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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $24,876,214

Other Revenue $5,754,441

TOTAL REVENUE $30,630,655

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,827,564

Fundraising Expenses $0

Program Expenses $0

Other Expenses $16,791,550

TOTAL EXPENSES $21,619,114

Year-over-Year Comparison

	2024	2023	Change
Revenue	$30,630,655	$31,231,571	0.0%
Expenses	$21,619,114	$20,896,132	+0.0%
Net Income	$9,011,541	$10,335,439	-0.1%

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

Employees

Volunteers

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

$183,444

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MIGUEL ORTIZ SANTOS	PRESIDENT	57.00	Highest	$206,245	$0	$206,245
ANGEL ORTIZ VAZQUEZ	VP OPERATIONS	40.00	Key Emp	$69,718	$0	$69,718
CARMEN TORRES ZAYAS	VP HUMAN RESOURCES	40.00	Key Emp	$85,092	$0	$85,092
LUIS GERENA ORTIZ	VP CONTABILIDAD Y FINANZAS	40.00	Key Emp	$28,634	$0	$28,634

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	$30,630,655	$21,619,114	$480,758,189	$9,011,541
2023	$31,231,571	$20,896,132	$469,342,802	$10,335,439
2022	$19,608,978	$16,231,881	$439,753,173	$3,377,097
2021	$17,940,942	$13,693,966	$321,931,771	$4,246,976
2020	$14,637,496	$12,200,674	$283,206,052	$2,436,822
2019	$13,886,163	$12,247,499	$233,803,526	$1,638,664
2018	$12,854,944	$11,795,373	$224,256,586	$1,059,571

COOPERATIVA DE AHORRO Y CREDITO DE BARRANQUITAS