San Juan, PR
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)PUERTO RICO MANUFACTURING EXTENSION PRIMEX INC, founded in 1995, is a community nonprofit in the Community Improvement sector that reported $2.8M in total revenue in fiscal year 2024. Revenue fell 20% from the prior year — a significant decline worth monitoring.
Innovation and growth strategies, improve processes and systems, cybersecurity, commercialization, lean production, workforce training, supply chain optimization, exporting, among others.
The Puerto Rico Manufacturing Extension Inc. (PRiMEX) is a private non-profit organization, organized in 1996 through the initiative of Puerto Rico Industrial Development Company (PRIDCO) and the...
The Puerto Rico Manufacturing Extension Inc. (PRiMEX) is a private non-profit organization, organized in 1996 through the initiative of Puerto Rico Industrial Development Company (PRIDCO) and the Manufacturing Extension Partnership (MEP), a program under the National Institute of Standards and Technology (NIST). As part of a national network, PRiMEX supports the needs of all Puerto Rico's small and medium enterprises (SME's) by providing services to improve their technical know-how and business processes.
TThe project benefits small and medium companies located in eleven (11) rural municipalities of Puerto Rico with access to PRiMEX's proven industry-tested business methodologies, resources, and...
TThe project benefits small and medium companies located in eleven (11) rural municipalities of Puerto Rico with access to PRiMEX's proven industry-tested business methodologies, resources, and tools. The project focuses first on an assessment of the business to identify gaps and areas for improvement related to focus areas with the goal of reducing the gaps and making them more competitive and resilient.
The Supply Chain program seeks to encourage and help all small businesses to optimize their supply chain with access to an exclusive database to connect with the different suppliers on the island...
The Supply Chain program seeks to encourage and help all small businesses to optimize their supply chain with access to an exclusive database to connect with the different suppliers on the island. The program seeks to identify the capabilities and needs of companies that purchase products outside of Puerto Rico, to provide them with a tool to obtain local products and identify where they are located. It also helps to explore a detailed electronic map of manufacturing in Puerto Rico so that small businesses can connect with other entrepreneurs on the island.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $2,828,889 | $3,557,698 | -0.2% |
| Expenses | $2,761,940 | $3,598,020 | -0.2% |
| Net Income | $66,949 | $-40,322 | -2.7% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Ramon Vega | Executive Director | 40 |
Director
|
$111,069 | $0 | $112,345 |
| Felipe Hernandez | Chair BOD | 2 |
Director
|
$0 | $0 | $0 |
| Jose Felix Ballester | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Alejandro Saldana | Director | 2 |
Director
|
$0 | $0 | $0 |
| Rafael Diaz | Director | 2 |
Director
|
$0 | $0 | $0 |
| Luis Cintron | Director | 2 |
Director
|
$0 | $0 | $0 |
| Saray Lopez | Director | 2 |
Director
|
$0 | $0 | $0 |
| Wanda Otero | Director | 2 |
Director
|
$0 | $0 | $0 |
| Luis Morales | Director | 2 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $2,828,889 | $2,761,940 | $3,983,909 | $66,949 |
| 2024 | $3,557,698 | $3,598,020 | $3,985,933 | $-40,322 |
| 2023 | $2,915,943 | $2,876,695 | $3,930,762 | $39,248 |
| 2022 | $3,562,377 | $3,485,851 | $3,895,141 | $76,526 |
| 2021 | $4,739,702 | $4,075,689 | $4,194,654 | $664,013 |
| 2020 | $3,560,729 | $3,066,571 | $3,211,295 | $494,158 |
Compare PUERTO RICO MANUFACTURING EXTENSION PRIMEX INC with other nonprofits in Puerto Rico and across the country.