CORPORACION PARA LA PROMOCION DE PUERTO RICO COMO DESTINO INC (EIN 660888522) - 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

2017

Legal Domicile

Principal Officer

FERNANDO RODRIGUEZ

Phone

7874745076

Tax Period

2024-07-01 to 2025-06-30

CORPORACION PARA LA PROMOCION DE PUERTO RICO COMO DESTINO INC, founded in 2017, is a mid-sized nonprofit in the Public & Societal Benefit sector that reported $74.0M in total revenue in fiscal year 2024.

Mission

BRING PROSPERITY TO PUERTO RICO BY COLLABORATIVELY POSITIONING OUR DIVERSE AND UNIQUE ISLAND AS A PREMIER DESTINATION FOR LEISURE, BUSINESS AND EVENTS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $73,199,878

Investment Income $834,679

Other Revenue $0

TOTAL REVENUE $74,034,557

Expense Breakdown

Grants Paid $0

Salaries & Benefits $7,100,757

Fundraising Expenses $0

Program Expenses $73,067,673

Other Expenses $65,966,916

TOTAL EXPENSES $73,067,673

Year-over-Year Comparison

	2024	2023	Change
Revenue	$74,034,557	$75,374,353	0.0%
Expenses	$73,067,673	$68,462,480	+0.1%
Net Income	$966,884	$6,911,873	-0.9%

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

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

$1,757,638

Total Directors

$2,229,304

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
FERNANDO RODRIGUEZ	CFO	40.00	Officer	$356,738	$0	$356,738
EDWARD CAREY	CHIEF STRATE	40.00	Officer	$351,338	$0	$351,338
KIM DAROJA	VP OF SALES	40.00	Officer	$235,759	$0	$235,759
BRADLEY DEAN	CEO	40.00	Officer	$191,802	$0	$191,802
ANGEL BLANCH	LEISURE SALE	40.00	Director	$188,855	$0	$188,855
CAROLYN BLAKE	NATIONAL SAL	40.00	Director	$178,431	$0	$178,431
NEISHKA MARTINEZ	VP OF FINANC	40.00	Officer	$175,190	$0	$175,190
LARESSA MORALES	RESEARCH & A	40.00	Director	$174,022	$0	$174,022
JOYCE MENDEZ	NATIONAL SAL	40.00	Director	$172,064	$0	$172,064
FREDERICK EDSON	NATIONAL SAL	40.00	Director	$171,242	$0	$171,242
RICARDO CORTEZ-CHICO	VP OF ENGAGE	40.00	Officer	$164,947	$0	$164,947
YOLANDA GONZALEZ	NATIONAL SAL	40.00	Director	$164,063	$0	$164,063
ELIZABETH BUSHMAN	NATIONAL SAL	40.00	Director	$158,040	$0	$158,040
CARLOS DELIZ QUINTANA	NATIONAL SAL	40.00	Director	$157,070	$0	$157,070
GLORIANNA YAMIN	VP OF MARKEN	40.00	Officer	$147,084	$0	$147,084
VANESSA FIGUEROA	DESTINATION	40.00	Director	$144,747	$0	$144,747
RITA LOPEZ	NATIONAL SAL	40.00	Director	$144,048	$0	$144,048
CLARIBEL MURIEL-SANTOS	PEOPLE & CUL	40.00	Officer	$134,780	$0	$134,780
JACQUELINE ROSA	CONVENTION S	40.00	Director	$132,321	$0	$132,321
KATHERINE WALLS	NATIONAL SAL	40.00	Director	$123,097	$0	$123,097
ADRIANA RIVERA PADRO	MULTIMEDIA D	40.00	Director	$109,228	$0	$109,228
DALISSA ZEDA	DIGITAL MARK	40.00	Director	$108,476	$0	$108,476
CARMEN RIVERA ESCOBALES	PARTNERSHIP	40.00	Director	$103,600	$0	$103,600

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	$74,034,557	$73,067,673	$27,582,456	$966,884
2024	No data	No data	No data	No data
2023	$57,719,154	$66,401,911	$25,402,804	$-8,682,757
2022	$55,213,353	$57,740,867	$29,943,299	$-2,527,514
2021	$48,155,156	$35,295,357	$33,922,109	$12,859,799

CORPORACION PARA LA PROMOCION DE PUERTO RICO COMO DESTINO INC