PRODUCIR INC UNA CORP DE DESARROLLO COMUNAL Y ECON PARA CUBUY Y LOMAS (EIN 660428651) - 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

1986

Legal Domicile

Principal Officer

LISSETTE VELEZ

Phone

7872941016

Tax Period

2023-01-01 to 2023-12-31

PRODUCIR INC UNA CORP DE DESARROLLO COMUNAL Y ECON PARA CUBUY Y LOMAS, founded in 1986, is a small nonprofit in the Community Improvement sector that reported $627K in total revenue in fiscal year 2023. Revenue surged 65% from the prior year, signaling strong growth momentum. The organization ran a surplus of $211K, a strong 34% operating margin.

Mission

Produce to improve self image of the Puertorican, reduce their dependence and promote a model of community economic development to bring economic prosperity to the families served by PRODUCIR.

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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 $385,016

Program Service Revenue $238,199

Investment Income $0

Other Revenue $3,364

TOTAL REVENUE $626,579

Expense Breakdown

Grants Paid $0

Salaries & Benefits $149,406

Fundraising Expenses $0

Program Expenses $329,140

Other Expenses $265,913

TOTAL EXPENSES $415,319

Year-over-Year Comparison

	2023	2022	Change
Revenue	$626,579	$379,504	+0.7%
Expenses	$415,319	$356,599	+0.2%
Net Income	$211,260	$22,905	+8.2%

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

N/A

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

$54,445

Total Directors

$54,445

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Lissette M Velez	CEO	24	Officer Director	$49,445	$5,000	$54,445
Vicente Pasqualetto	Member	1	Director	$0	$0	$0
Zulma Colon	Secretary	5	Officer Director	$0	$0	$0
Jose Rivera Urrutia	President	4	Officer Director	$0	$0	$0
Myrna E Torres	Tresurer	2	Officer Director	$0	$0	$0
Evelyn Moreno	Sub Treasurer	12	Officer Director	$0	$0	$0
Enid Martinez	Member	7	Director	$0	$0	$0
Doris Acevedo	Vice President	15	Officer 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
2024	No data	No data	No data	No data
2023	$626,579	$415,319	$1,186,728	$211,260
2022	$379,504	$356,599	$938,298	$22,905
2021	$322,101	$377,392	$928,373	$-55,291
2020	$322,426	$320,411	$977,108	$2,015
2019	$264,955	$307,739	$977,044	$-42,784
2018	$256,549	$260,893	$1,039,247	$-4,344

PRODUCIR INC UNA CORP DE DESARROLLO COMUNAL Y ECON PARA CUBUY Y LOMAS