Fundacion Luis G Fortuno Inc (EIN 660831873) - 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

2013

Legal Domicile

Phone

7877661717

Tax Period

2023-01-01 to 2023-12-31

Fundacion Luis G Fortuno Inc, founded in 2013, is a small nonprofit in the Community Improvement sector that reported $899K in total revenue in fiscal year 2023. Revenue surged 58% from the prior year, signaling strong growth momentum. Expenses of $788K left a modest 12% surplus.

Mission

The organizations mission is to cultivate free market solutions that foster self-reliance, economic growth and social well-being.Foundations programs are focused on three areas:1)improving the ease of doing business;2)reducing generationalpoverty; and 3)increasing entrepreneurship.

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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 $897,710

Program Service Revenue $0

Investment Income $0

Other Revenue $1,744

TOTAL REVENUE $899,454

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $90,796

Program Expenses $608,910

Other Expenses $710,088

TOTAL EXPENSES $788,214

Year-over-Year Comparison

	2023	2022	Change
Revenue	$899,454	$569,457	+0.6%
Expenses	$788,214	$608,074	+0.3%
Net Income	$111,240	$-38,617	-3.9%

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

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 G Fortuno	Chairman	1.00	Officer Director	$0	$0	$0
Maria Victoria Leon	Treasurer	1.00	Director	$0	$0	$0
Jorge San Miguel	Director	1.00	Director	$0	$0	$0
Federico Stubbe Jr	Director	1.00	Director	$0	$0	$0
Gustavo Velez	Director	1.00	Director	$0	$0	$0
Jose Vazquez	Director	1.00	Director	$0	$0	$0
Kenneth W McGrath	Director	1.00	Director	$0	$0	$0
Magda M Boyles	Secretary	1.00	Director	$0	$0	$0
Antonio Monroig	Director	1.00	Director	$0	$0	$0
Limarie Ferrer	Director	1.00	Director	$0	$0	$0
Javier Vazquez	Director	1.00	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	$899,454	$788,214	$428,815	$111,240
2022	$569,457	$608,074	$319,337	$-38,617
2021	$801,586	$575,693	$311,861	$225,893
2019	$230,898	$161,464	$118,982	$69,434

Fundacion Luis G Fortuno Inc