UNIVERSAL TECHNOLOGY COLLEGE OF PR INC

EIN: 660439432 501(c)(3) Education

AGUADILLA, PR

Total Revenue
$3,082,531
Total Expenses
$3,432,707
Total Assets
$9,989,132
Net Assets
$8,333,166
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1987
Legal Domicile
PR
Principal Officer
KEILA L LOPEZ RIVERA
Phone
7878822065
Tax Period
2023-10-01 to 2024-09-30

UNIVERSAL TECHNOLOGY COLLEGE OF PR INC, founded in 1987, is a community nonprofit in the Education sector that reported $3.1M in total revenue in fiscal year 2023. Expenses of $3.4M exceeded revenue, resulting in a 11% operating deficit.

Mission

UNITEC is committed to the holistic development of its students by providing education that fosters both technological and humanistic growth, in response to current job market demands and social and economic conditions. The institution strives to educate individuals with intellectual freedom and moral awareness, promoting open, pluralistic dialogue and contributing to a more authentic and compassionate Puerto Rican society. As a post-secondary institution, UNITEC offers students academic opportunities, knowledge, and skills for personal fulfillment, productive economic lives, and meaningful contributions to society. Faculty and students are viewed as essential participants in building a just and peaceful society. UNITEC believes education is a lifelong process that requires a stimulating environment to support students? growth and potential. Academic and training needs of students seeking to develop strong technical and professional skills is addressed through high quality education.

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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 $0
Program Service Revenue $3,010,557
Investment Income $46,269
Other Revenue $25,705
TOTAL REVENUE $3,082,531

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,411,771
Fundraising Expenses $0
Program Expenses $3,432,707
Other Expenses $2,020,936
TOTAL EXPENSES $3,432,707

Year-over-Year Comparison

2023 2022 Change
Revenue $3,082,531 $3,191,199 0.0%
Expenses $3,432,707 $3,170,345 +0.1%
Net Income $-350,176 $20,854 -17.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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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
N/A
Independent Members
N/A
Employees
N/A
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
4
$41,224
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KEILA L LOPEZ RIVERA EXECUTIVE PRESIDENT 40
Officer
$41,224 $0 $41,224
LUIS A LOPEZ VALE PRESIDENT BOARD OF DIRECTORS 10
$0 $0 $0
JUAN L LOPEZ RIVERA SECRETARY BOARD OF DIRECTORS N/A
Officer
$0 $0 $0
CHRISTINA RODRIGUEZ VOCAL 0
Officer
$0 $0 $0
RUBEN ORTIZ VOCAL 0
Officer
$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 $3,082,531 $3,432,707 $9,989,132 $-350,176
2023 $3,191,199 $3,170,345 $11,285,894 $20,854
2023 $3,191,199 $3,170,345 $11,285,894 $20,854
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