CENTRO PARA EMPRENDEDORES INC (EIN 660783031) - 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

2012

Legal Domicile

Phone

7873253343

Tax Period

2023-01-01 to 2023-12-31

CENTRO PARA EMPRENDEDORES INC, founded in 2012, is a small nonprofit in the Education sector that reported $973K in total revenue in fiscal year 2023. Revenue decreased 8% compared to the prior year.

Mission

To teach entrepreneurship to people interested in starting businesses in Puerto Rico with the mission of improving local and country economy thru small businesses.

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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 (2023)

Revenue Breakdown

Contributions & Grants $972,688

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $972,688

Expense Breakdown

Grants Paid $0

Salaries & Benefits $859,875

Fundraising Expenses $0

Program Expenses $1,054,927

Other Expenses $184,952

TOTAL EXPENSES $1,054,927

Year-over-Year Comparison

	2023	2022	Change
Revenue	$972,688	$1,062,589	-0.1%
Expenses	$1,054,927	$927,822	+0.1%
Net Income	$-82,239	$134,767	-1.6%

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

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

$29,345

Key Employees

$96,930

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Fernando Garcia	Vice Director	40.00	Key Emp	$55,946	$0	$55,946
Nerma Albertorio	Executive Director	40.00	Director	$29,345	$0	$29,345
Ramfis Castro	President	4.00	Director	$0	$0	$0
Gladys Nieves	Secretary	4.00	Director	$0	$0	$0
Jorge Mejias	Officer	4.00	Director	$0	$0	$0
Victor Tomassini	Tresurer	4.00	Director	$0	$0	$0
Ivan Rios Mena	officer	4.00	Director	$0	$0	$0
Jorge J Muniz	Director of Finance	24.00	Key Emp	$40,984	$0	$40,984

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	$972,688	$1,054,927	$725,464	$-82,239
2022	$1,062,589	$927,822	$727,826	$134,767
2021	$556,659	$485,805	$541,370	$70,854
2020	$356,944	$349,983	$58,661	$6,961

CENTRO PARA EMPRENDEDORES INC