FUNDACION DR CARLOS LOPEZ SOMOLINO… - Form 990 Financial Data

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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

2025-01-01 to 2025-12-31

FUNDACION DR CARLOS LOPEZ SOMOLINOS INC, founded in 2009, is a small nonprofit in the Education sector that reported $252K in total revenue in fiscal year 2025. Revenue grew 10% year-over-year, indicating healthy expansion. The organization ran a surplus of $117K, a strong 46% operating margin.

Mission

THE ORGANIZATION MISSION IS GRANT STUDENT SCHOLARSHIP TO CHILDREN WITH SOCIOECONOMIC NEEDS. ACTUALLY THE ORGANIZATION GIVES THE BENEFIT TO 22 STUDENTS DURING THE ACADEMIC YEAR OF 2025. THE PRIMARY REVENUE SOURCES COME FROM PRIVATE DONATIONS IN PUERTO RICO.

Program Service Accomplishments

Program 1

Expenses: $51,144 Revenue: $90,365

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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 (2025)

Revenue Breakdown

Contributions & Grants $161,951

Program Service Revenue $51,135

Investment Income $39,230

Other Revenue $0

TOTAL REVENUE $252,316

Expense Breakdown

Grants Paid $51,144

Salaries & Benefits $0

Fundraising Expenses $50,741

Program Expenses $51,144

Other Expenses $83,946

TOTAL EXPENSES $135,090

Year-over-Year Comparison

	2025	2024	Change
Revenue	$252,316	$228,714	+0.1%
Expenses	$135,090	$138,015	0.0%
Net Income	$117,226	$90,699	+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

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
2025	$252,316	$135,090	$847,315	$117,226
2024	$228,714	$138,015	$667,260	$90,699
2023	$192,918	$112,515	$560,745	$80,403

FUNDACION DR CARLOS LOPEZ SOMOLINOS INC