ASOCIACION ACIRC CORP (EIN 660804198) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2013

Legal Domicile

Principal Officer

EDUARDO M RIVAS

Phone

7879401662

Tax Period

2024-01-01 to 2024-12-31

ASOCIACION ACIRC CORP, founded in 2013, is a small nonprofit in the Arts, Culture & Humanities sector that reported $500K in total revenue in fiscal year 2024. Revenue fell 52% from the prior year — a significant decline worth monitoring. Expenses of $612K exceeded revenue, resulting in a 22% operating deficit.

Mission

To promote and recognize the artistic work of circus and street performance through diverse initiatives, artistic and cultural activities, like; festivals, workshops, educational exchange, show, performances, etc.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $319,123

Program Service Revenue $52,839

Investment Income $0

Other Revenue $127,559

TOTAL REVENUE $499,521

Expense Breakdown

Grants Paid $0

Salaries & Benefits $276,704

Fundraising Expenses $0

Program Expenses $584,656

Other Expenses $334,974

TOTAL EXPENSES $611,678

Year-over-Year Comparison

	2024	2023	Change
Revenue	$499,521	$1,037,243	-0.5%
Expenses	$611,678	$578,860	+0.1%
Net Income	$-112,157	$458,383	-1.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

Employees

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

$72,148

Total Directors

Key Employees

$140,992

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
EDUARDO M RIVAS	EXECUTIVE DIRECTOR	40	Officer Key Emp	$72,148	$0	$72,148
MAITE RIVERA	ACTIVITIES COODINATOR	40	Key Emp	$68,844	$0	$68,844
LUIS D ROSA	PRESIDENT	2	Director	$0	$0	$0
ALEX SANTIAGO	TREASURER	1	Officer	$0	$0	$0
MARIANGELA TIRADO VALE	SECRETARY	1	Officer	$0	$0	$0
RAFAEL TRELLES	VOCAL	1	Officer	$0	$0	$0
CYNTHIA GARCIA	VOCAL	1	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	$499,521	$611,678	$639,424	$-112,157
2023	$1,037,243	$578,860	$674,347	$458,383
2022	$394,862	$331,234	$226,142	$63,628
2021	$303,526	$240,681	$148,935	$62,845
2020	$184,047	$219,613	$83,316	$-35,566

ASOCIACION ACIRC CORP