El Corredor Tecno Economico De Puerto Rico Y El Caribe (EIN 660604382) - 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

2001

Legal Domicile

Principal Officer

NELSON PEREA

Phone

7878566220

Tax Period

2024-07-01 to 2025-06-30

El Corredor Tecno Economico De Puerto Rico Y El Caribe, founded in 2001, is a community nonprofit in the Community Improvement sector that reported $2.3M in total revenue in fiscal year 2024. Revenue surged 199% from the prior year, signaling strong growth momentum.

Mission

TO ENABLE WESTERN PUERTO RICOS ECONOMIC DEVELOPMENT WITH EMPHASIS IN THE COMMERCIALIZATION OF NEW AND INNOVATIVE TECHNOLOGIES.

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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 $2,215,781

Program Service Revenue $0

Investment Income $0

Other Revenue $49,321

TOTAL REVENUE $2,265,102

Expense Breakdown

Grants Paid $0

Salaries & Benefits $497,936

Fundraising Expenses $0

Program Expenses $2,101,268

Other Expenses $1,807,961

TOTAL EXPENSES $2,305,897

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,265,102	$758,486	+2.0%
Expenses	$2,305,897	$756,487	+2.0%
Net Income	$-40,795	$1,999	-21.4%

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

Employees

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

$70,842

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NELSON PEREA	EXECUTIVE DIRECTOR	40.00	Officer	$70,842	$0	$70,842
CARLOS RIVERA	PRESIDENT	2.00	Director	$0	$0	$0
JAIME MORALES	SECRETARY	2.00	Director	$0	$0	$0
ELISAMUEL RIVERA	TREASURER	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
2025	$2,265,102	$2,305,897	$2,555,069	$-40,795
2024	No data	No data	No data	No data
2023	$758,486	$756,487	$1,435,391	$1,999
2022	$304,576	$271,614	$1,167,209	$32,962
2021	$86,019	$80,252	$1,013,851	$5,767

El Corredor Tecno Economico De Puerto Rico Y El Caribe