NEEDS EDUCATIONAL FOUNDATION CORP (EIN 660821665) - 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

DR JOSE JOAQUIN VARGAS DE LEON

Phone

7876333777

Tax Period

2020-01-01 to 2020-12-31

NEEDS EDUCATIONAL FOUNDATION CORP, founded in 2014, is a small nonprofit that reported $133K in total revenue in fiscal year 2020. Expenses of $200K exceeded revenue, resulting in a 50% operating deficit.

Mission

Needs Foundation is a Puerto Rican based non-profit organization dedicated to the empowerment of communities with high social needs through community centered care services, education, and support.

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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 (2020)

Revenue Breakdown

Contributions & Grants $132,981

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $132,981

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $119,328

Other Expenses $199,832

TOTAL EXPENSES $199,832

Year-over-Year Comparison

	2020	2019	Change
Revenue	$132,981	$127,744	+0.0%
Expenses	$199,832	$174,745	+0.1%
Net Income	$-66,851	$-47,001	+0.4%

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

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

$36,268

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOSE AURELIO VARGAS RODRIGUEZ	EXECUTIVE DIRECTOR	30	Officer	$31,268	$0	$31,268
MARTHA MICHELLE COLON	EXECUTIVE DIRECTOR	30	Officer	$5,000	$0	$5,000
DR JOSE J VARGAS DE LEON	PRESIDENT	2	Director	$0	$0	$0
LUIS PIZARRO OTERO	SECRETARY	2	Director	$0	$0	$0
SASHA LATIMER	BOARD MEMBER	2	Director	$0	$0	$0
MARGELINE LOPEZ	TREASURER	2	Director	$0	$0	$0
Carmen Fileberti	Vice-President	2	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
2020	$132,981	$199,832	$90,054	$-66,851
2019	$127,744	$174,745	$34,916	$-47,001
2018	$200,019	$166,320	$30,755	$33,699

NEEDS EDUCATIONAL FOUNDATION CORP