Ricky Martin Foundation Corp (EIN 660579504) - 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

2000

Principal Officer

Orlando Morales

Phone

7876011727

Tax Period

2024-01-01 to 2024-12-31

Ricky Martin Foundation Corp, founded in 2000, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $85K in total revenue in fiscal year 2024. Revenue fell 70% from the prior year — a significant decline worth monitoring. Expenses of $240K exceeded revenue, resulting in a 184% operating deficit.

Mission

to promote, defend, and educate about human rights to ensure dignified treatment, equal opportunities, and the inclusion of all people to access a dignified and free life, including but not limited to those who are victims of human trafficking.

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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 (2024)

Revenue Breakdown

Contributions & Grants $84,669

Program Service Revenue $0

Investment Income $0

Other Revenue $49

TOTAL REVENUE $84,718

Expense Breakdown

Grants Paid $0

Salaries & Benefits $39,365

Fundraising Expenses $0

Program Expenses $209,294

Other Expenses $200,906

TOTAL EXPENSES $240,271

Year-over-Year Comparison

	2024	2023	Change
Revenue	$84,718	$279,797	-0.7%
Expenses	$240,271	$525,721	-0.5%
Net Income	$-155,553	$-245,924	-0.4%

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

Total Directors

$30,977

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Orlando Morales	Director	40.00	Director	$30,977	$0	$30,977
Enrique Martin	Chairman	2.00	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	$84,718	$240,271	$2,238,768	$-155,553
2023	$279,797	$525,721	$2,386,441	$-245,924
2022	$366,409	$661,441	$2,511,419	$-295,032
2021	$469,643	$639,502	$2,754,069	$-169,859
2020	$1,343,216	$2,189,031	$2,726,912	$-845,815
2019	$1,880,526	$6,955,547	$3,477,148	$-5,075,021
2019	$1,880,526	$6,955,547	$3,477,148	$-5,075,021
2018	$4,462,571	$3,114,423	$8,523,788	$1,348,148
2017	$4,952,068	$1,419,505	$7,323,145	$3,532,563

Ricky Martin Foundation Corp