INVEST PUERTO RICO INC (EIN 660891535) - 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

Principal Officer

MANUEL CIDRE

Phone

7876495713

Tax Period

2023-07-01 to 2024-06-30

INVEST PUERTO RICO INC, founded in 2017, is a mid-sized nonprofit in the Community Improvement sector that reported $14.3M in total revenue in fiscal year 2023. Revenue surged 77% from the prior year, signaling strong growth momentum. Expenses of $13.6M left a modest 5% surplus.

Mission

THE MISSION OF THE ORGANIZATION IS TO PROMOTE PUERTO RICO AS A COMPETITIVE INVESTMENT JURISDICTION TO ATTRACT NEW BUSINESS AND CAPITAL INVESTMENT TO THE ISLAND.

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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 $14,130,244

Program Service Revenue $0

Investment Income $163,560

Other Revenue $0

TOTAL REVENUE $14,293,804

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,300,666

Fundraising Expenses $0

Program Expenses $11,845,170

Other Expenses $11,346,910

TOTAL EXPENSES $13,647,576

Year-over-Year Comparison

	2023	2022	Change
Revenue	$14,293,804	$8,077,537	+0.8%
Expenses	$13,647,576	$8,315,551	+0.6%
Net Income	$646,228	$-238,014	-3.7%

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

Governance

Voting Members

Independent Members

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MANUEL CIDRE	CHAIRMAN	1.00	Officer	$0	$0	$0
JAMES R COLLINS	TREASURER	1.00	Officer	$0	$0	$0
CHRISTIAN GONZALEZ	VICE CHAIRMA	0.50	Officer	$0	$0	$0
BRENDA MARRERO	SECRETARY	0.50	Officer	$0	$0	$0
OMAR MARRERO	MEMBER	0.50	Officer	$0	$0	$0
HUMBERTO MERCADER	MEMBER	1.00	Officer	$0	$0	$0
FEDERICO SANCHEZ	MEMBER	0.50	Officer	$0	$0	$0
JENNIFER STORIPAN	MEMBER	0.50	Officer	$0	$0	$0
ALBERTO TORO	MEMBER	1.00	Officer	$0	$0	$0
KATHRYN WYLDE	MEMBER	0.50	Officer	$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	No data	No data	No data	No data
2024	$14,293,804	$13,647,576	$9,922,679	$646,228
2023	$8,077,537	$8,315,551	$12,023,264	$-238,014
2022	$16,374,498	$13,676,119	$9,043,861	$2,698,379
2021	$5,251,268	$4,228,945	$6,065,059	$1,022,323

INVEST PUERTO RICO INC