PUERTO RICO EDUCATIONAL SYSTEM INC

EIN: 660644927 501(c)(3) Education

BAYAMON, PR

Total Revenue
$678,739
Total Expenses
$754,730
Total Assets
$435,147
Net Assets
$-357,908
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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
2004
Legal Domicile
PR
Principal Officer
ROSABEL VAZQUEZ
Phone
7878622047
Tax Period
2023-01-01 to 2023-12-31

PUERTO RICO EDUCATIONAL SYSTEM INC, founded in 2004, is a small nonprofit in the Education sector that reported $679K in total revenue in fiscal year 2023. Revenue surged 31% from the prior year, signaling strong growth momentum. Expenses of $755K exceeded revenue, resulting in a 11% operating deficit.

Mission

PRIVATE NON PROFIT SCHOOL

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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 $0
Program Service Revenue $678,739
Investment Income $0
Other Revenue $0
TOTAL REVENUE $678,739

Expense Breakdown

Grants Paid $0
Salaries & Benefits $563,995
Fundraising Expenses $0
Program Expenses $754,730
Other Expenses $190,735
TOTAL EXPENSES $754,730

Year-over-Year Comparison

2023 2022 Change
Revenue $678,739 $517,971 +0.3%
Expenses $754,730 $710,327 +0.1%
Net Income $-75,991 $-192,356 -0.6%
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

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Governance

Voting Members
3
Independent Members
3
Employees
34
Volunteers
3

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
0
$0
Total Directors
0
$0
Key Employees
1
$44,000
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Marta D Rivas SCHOOL PRINCIPAL 40
Key Emp
$44,000 $0 $44,000
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 $678,739 $754,730 $435,147 $-75,991
2022 $517,971 $710,327 $571,278 $-192,356
2021 $485,376 $483,606 $457,739 $1,770
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