PARTNERSHIP FOR MODERN PUERTO RICO INC

EIN: 660883494 501(c)(3) Human Services

San Juan, PR

Total Revenue
$542,799
Total Expenses
$314,105
Total Assets
$761,124
Net Assets
$266,183
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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

Legal Domicile
PR
Principal Officer
ALBERTO BACO
Phone
7877171856
Tax Period
2024-07-01 to 2025-06-30

PARTNERSHIP FOR MODERN PUERTO RICO INC is a small nonprofit in the Human Services sector that reported $543K in total revenue in fiscal year 2024. Revenue surged 37% from the prior year, signaling strong growth momentum. The organization ran a surplus of $229K, a strong 42% operating margin.

Mission

Promote better quality of life in our neighborhoods through local international organizations

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $542,230
Program Service Revenue $0
Investment Income $569
Other Revenue $0
TOTAL REVENUE $542,799

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $111,690
Program Expenses $314,105
Other Expenses $314,105
TOTAL EXPENSES $314,105

Year-over-Year Comparison

2024 2023 Change
Revenue $542,799 $397,082 +0.4%
Expenses $314,105 $260,509 +0.2%
Net Income $228,694 $136,573 +0.7%
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

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Governance

Voting Members
3
Independent Members
3
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
0
$0
Total Directors
2
$42,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MAGDA SEGARRA GENERAL DIRECTOR 30.00
Director
$42,000 $0 $42,000
MARIA RENTA GENERAL DIRECTOR 1.00
Director
$0 $0 $0
ALBERTO BACO BOARD MEMBER 31.00
$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
2025 $542,799 $314,105 $761,124 $228,694
2024 $397,082 $260,509 $446,481 $136,573
2023 $428,760 $403,177 $209,009 $25,583
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