EDUCATIONAL ASSOCIATES INC HUMACAO COMMUNITY COLLEGE (EIN 660363441) - 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

1978

Legal Domicile

Principal Officer

Jorge E Mojica

Phone

7878521430

Tax Period

2023-07-01 to 2024-06-30

EDUCATIONAL ASSOCIATES INC HUMACAO COMMUNITY COLLEGE, founded in 1978, is a community nonprofit that reported $1.3M in total revenue in fiscal year 2023. Revenue fell 31% from the prior year — a significant decline worth monitoring. Net assets of $24.4M represent 231 months of operating reserves.

Mission

To develop competent professionals through a quality education aligns with the new educational models that provides competitive advantage to effectively promote the social performance and success at work place and entrepreneurial world

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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 $1,000,300

Program Service Revenue $0

Investment Income $96,978

Other Revenue $172,824

TOTAL REVENUE $1,270,102

Expense Breakdown

Grants Paid $0

Salaries & Benefits $404,853

Fundraising Expenses $0

Program Expenses $1,349,558

Other Expenses $944,705

TOTAL EXPENSES $1,349,558

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,270,102	$1,834,434	-0.3%
Expenses	$1,349,558	$1,691,462	-0.2%
Net Income	$-79,456	$142,972	-1.6%

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

$161,900

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jorge E Mojica	President of Humacao Community College	40	Key Emp	$82,000	$0	$82,000
Aida E Rodriguez	Vice- President	40	Key Emp	$79,900	$0	$79,900
Elsa Sustache	Secretary	0	Director	$0	$0	$0
Maria Lopez	Board of Trustee President	0	Director	$0	$0	$0
Antonio Esquilin	Trustee	0	Director	$0	$0	$0
Christian Varela	Trustee	0	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
2025	No data	No data	No data	No data
2024	$1,270,102	$1,349,558	$25,153,666	$-79,456
2023	$1,834,434	$1,691,462	$24,263,894	$142,972
2022	$2,015,263	$1,932,929	$23,475,795	$82,334
2021	$4,256,424	$3,473,060	$23,435,048	$783,364

EDUCATIONAL ASSOCIATES INC HUMACAO COMMUNITY COLLEGE