FUNDACION DR CARLOS LOPEZ SOMOLINOS INC (EIN 660727301) - 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

2009

Legal Domicile

Principal Officer

LUIS A OCASIO RIVERA

Phone

7873964053

Tax Period

2024-01-01 to 2024-12-31

FUNDACION DR CARLOS LOPEZ SOMOLINOS INC, founded in 2009, is a small nonprofit in the Education sector that reported $229K in total revenue in fiscal year 2024. Revenue grew 19% year-over-year, indicating healthy expansion. The organization ran a surplus of $91K, a strong 40% operating margin.

Mission

THE ORGANIZATION PRIMARY EXEMPT PURPOSE IS GRANT STUDENT SCHOLARSHIP TO CHILDREN WITH SOCIOECONOMIC NEEDS. THE ORGANIZATION GIVES THE BENEFITS TO 20 STUDENTS DURING THE ACADEMIC YEAR 2024. THE PRIMARY REVENUE SOURCES COME FROM PRIVATE DONATIONS IN PUERTO RICO.

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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 $161,011

Program Service Revenue $49,250

Investment Income $18,453

Other Revenue $0

TOTAL REVENUE $228,714

Expense Breakdown

Grants Paid $55,200

Salaries & Benefits $0

Fundraising Expenses $53,898

Program Expenses $55,200

Other Expenses $82,815

TOTAL EXPENSES $138,015

Year-over-Year Comparison

	2024	2023	Change
Revenue	$228,714	$192,918	+0.2%
Expenses	$138,015	$112,515	+0.2%
Net Income	$90,699	$80,403	+0.1%

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

N/A

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LUIS A OCASIO	PRESIDENT	004.00	Officer	$0	$0	$0
HECTOR NATER	VICE-PRESIDENT	004.00	Officer	$0	$0	$0
SYLVETTE NATER	TREASURER	004.00	Officer	$0	$0	$0
KAREN SCALLEY	SECRETARY	006.00	Officer	$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	$228,714	$138,015	$667,260	$90,699
2023	$192,918	$112,515	$560,745	$80,403

FUNDACION DR CARLOS LOPEZ SOMOLINOS INC