Foundation for a Better Puerto Rico Inc (EIN 660817772) - 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

2014

Legal Domicile

Principal Officer

DENNIS R HICKEY RIVERA

Phone

7872401022

Tax Period

2023-01-01 to 2023-12-31

Foundation for a Better Puerto Rico Inc, founded in 2014, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $261K in total revenue in fiscal year 2023. Revenue fell 27% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $113K, a strong 43% operating margin.

Mission

Support community programs and promote the the development and economic growth of 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 (2023)

Revenue Breakdown

Contributions & Grants $261,050

Program Service Revenue $0

Investment Income $414

Other Revenue $0

TOTAL REVENUE $261,464

Expense Breakdown

Grants Paid $128,384

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $128,384

Other Expenses $19,931

TOTAL EXPENSES $148,315

Year-over-Year Comparison

	2023	2022	Change
Revenue	$261,464	$358,129	-0.3%
Expenses	$148,315	$772,559	-0.8%
Net Income	$113,149	$-414,430	-1.3%

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

Employees

N/A

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DENNIS R HICKEY-RIVERA	President	10.00	Officer Director	$0	$0	$0
TONIO BURGOS	Vicepresident	1.000	Director	$0	$0	$0
THERESA BISCHOFF	Secretary Treasurer	20.00	Officer Director	$0	$0	$0
BETSY GOTBAUM	Board Director	1.000	Director	$0	$0	$0
KEYLA TORRES	Board Director	1.000	Director	$0	$0	$0
CORRIE LEFEBVRE	Board Director	1.000	Director	$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	No data	No data	No data	No data
2023	$261,464	$148,315	$219,562	$113,149
2022	$358,129	$772,559	$108,208	$-414,430
2021	$1,060,179	$1,192,391	$522,488	$-132,212
2020	$211,229	$542,278	$652,537	$-331,049

Foundation for a Better Puerto Rico Inc