FONDO DE INVERSION Y DESARROLLO COOPERATIVO (EIN 660631697) - 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

2002

Legal Domicile

Principal Officer

Jose J Ramirez Ruiz

Phone

7879990322

Tax Period

2024-01-01 to 2024-12-31

FONDO DE INVERSION Y DESARROLLO COOPERATIVO, founded in 2002, is a community nonprofit in the Community Improvement sector that reported $2.7M in total revenue in fiscal year 2024. Revenue decreased 12% compared to the prior year. The organization ran a surplus of $1.4M, a strong 53% operating margin.

Mission

To promote the social economic development in Puerto Rico through the participation in the credit union and public sector.

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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 $294,489

Program Service Revenue $0

Investment Income $1,122,372

Other Revenue $1,234,581

TOTAL REVENUE $2,651,442

Expense Breakdown

Grants Paid $0

Salaries & Benefits $533,917

Fundraising Expenses $0

Program Expenses $834,572

Other Expenses $699,657

TOTAL EXPENSES $1,233,574

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,651,442	$3,002,093	-0.1%
Expenses	$1,233,574	$980,474	+0.3%
Net Income	$1,417,868	$2,021,619	-0.3%

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

Total Directors

Key Employees

$162,708

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jose J Ramirez Ruiz	Executive Director	40	Key Emp	$80,758	$9,600	$90,358
Normarie Caraballo	Operation Director	40	Key Emp	$66,350	$6,000	$72,350
Israel Velez Colon	Second Vice President	1		$0	$0	$0
Michelle M Torres	Director	1		$0	$0	$0
Candido Rivera Lopez	Director	1		$0	$0	$0
Soraya Moron Velez	Directora	1		$0	$0	$0
Carlos R Maldonado	Secretary	1		$0	$0	$0
William Ortiz Negron	President	1		$0	$0	$0
Eliud Juarbe Cruz	Director	1		$0	$0	$0
Enrique A Guzman Matos	Director	1		$0	$0	$0
Glorimar Lamboy Torres	Director	1		$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	$2,651,442	$1,233,574	$41,296,776	$1,417,868
2023	$3,002,093	$980,474	$39,779,010	$2,021,619
2022	$1,033,950	$4,532,331	$38,001,351	$-3,498,381
2021	$53,303	$633,296	$41,391,713	$-579,993
2020	$788,196	$642,217	$40,823,393	$145,979

FONDO DE INVERSION Y DESARROLLO COOPERATIVO