FUNDACION BIBLIOTECA RAFAEL HERNANDEZ COLON INC FUNDACION BIBLIOTECA RAFAEL HERNANDEZ COLON INC

EIN: 660490323 501(c)(3) Arts, Culture & Humanities

Ponce, PR

Total Revenue
$494,635
Total Expenses
$861,038
Total Assets
$7,057,877
Net Assets
$5,229,219
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1992
Legal Domicile
PR
Principal Officer
DORA M HERNANDEZ MAYORAL
Phone
7872590421
Tax Period
2023-01-01 to 2023-12-31

FUNDACION BIBLIOTECA RAFAEL HERNANDEZ COLON INC FUNDACION BIBLIOTECA RAFAEL HERNANDEZ COLON INC, founded in 1992, is a small nonprofit in the Arts, Culture & Humanities sector that reported $495K in total revenue in fiscal year 2023. Revenue fell 23% from the prior year — a significant decline worth monitoring. Expenses of $861K exceeded revenue, resulting in a 74% operating deficit.

Mission

Library which serves as the archive for documents and other materials related to the former governors tenure Conduct studies on topics

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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 $285,242
Program Service Revenue $208,169
Investment Income $1,224
Other Revenue $0
TOTAL REVENUE $494,635

Expense Breakdown

Grants Paid $0
Salaries & Benefits $250,447
Fundraising Expenses $7,118
Program Expenses $745,641
Other Expenses $610,591
TOTAL EXPENSES $861,038

Year-over-Year Comparison

2023 2022 Change
Revenue $494,635 $643,181 -0.2%
Expenses $861,038 $703,712 +0.2%
Net Income $-366,403 $-60,531 +5.1%
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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Governance

Voting Members
N/A
Independent Members
N/A
Employees
12
Volunteers
10

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
11
$0
Total Directors
12
$60,300
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DORA M HERNANDEZ MAYORAL Executive Director 40.00
Director
$60,300 $0 $60,300
JOSE A HERNANDEZ MAYORAL President 4.000
Officer Director
$0 $0 $0
JORGE L FUENTES BENEJAM Vice President 4.000
Officer Director
$0 $0 $0
ANGEL VAZQUEZ HERNANDEZ Treasurer 4.000
Officer Director
$0 $0 $0
ALFREDO FERNANDEZ MARTINEZ Secretary 4.000
Officer Director
$0 $0 $0
NELSA LOPEZ COLON Board Member 4.000
Officer Director
$0 $0 $0
LUIS RIVERA SIACA Board Member 4.000
Officer Director
$0 $0 $0
DOLORES RODRIGUEZ DE ORONOZ Board Member 4.000
Officer Director
$0 $0 $0
ABEL MISLA VILLALBA Board Member 4.000
Officer Director
$0 $0 $0
ROBERTO PRATTS PALERM Board Member 4.000
Officer Director
$0 $0 $0
ANTONIO GARCIA PADILLA Board Member 4.000
Officer Director
$0 $0 $0
AGUSTIN MARQUEZ VEGLIO Board Member 4.000
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 $494,635 $861,038 $7,057,877 $-366,403
2022 $643,181 $703,712 $7,400,886 $-60,531
2021 $614,366 $718,156 $7,833,825 $-103,790
2020 $301,250 $575,863 $7,787,748 $-274,613
2019 $1,077,029 $671,616 $8,475,560 $405,413
2018 $367,942 $719,022 $7,935,164 $-351,080
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