BLUETIDE PUERTO RICO INC

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2018

Legal Domicile

Principal Officer

Danixa Rivera-Merced

Phone

7876742104

Tax Period

2024-01-01 to 2024-12-31

BLUETIDE PUERTO RICO INC, founded in 2018, is a small nonprofit in the Community Improvement sector that reported $853K in total revenue in fiscal year 2024. Revenue surged 24% from the prior year, signaling strong growth momentum. Expenses of $762K left a modest 11% surplus.

Mission

Influence, innovate, Support and Increase the eco-responsible economic impacts of a sustainable "Blue Economy" in the US Caribbean

Program Service Accomplishments

Program 1

Expenses: $208,594 Revenue: $853,357

BTPRI request funding from EDA to design and implement Blue Economic initiatives to expend Puerto Rico Ocean dependent activities in an integrated and cross collaborative manner to attain progressive marine and maritime economic research and development into the future, by accelerating ocean reliant commercial activities

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $853,357

Investment Income $0

Other Revenue $0

TOTAL REVENUE $853,357

Expense Breakdown

Grants Paid $0

Salaries & Benefits $184,345

Fundraising Expenses $0

Program Expenses $208,594

Other Expenses $577,837

TOTAL EXPENSES $762,182

Year-over-Year Comparison

	2024	2023	Change
Revenue	$853,357	$686,873	+0.2%
Expenses	$762,182	$622,686	+0.2%
Net Income	$91,175	$64,187	+0.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$61,153

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Danixa Rivera Merced	Executive Director	40	Officer	$61,153	$0	$61,153

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	$853,357	$762,182	$5,386,112	$91,175
2023	$686,873	$622,686	$5,301,308	$64,187
2022	$2,225,938	$1,647,176	$5,431,806	$578,762
2021	$6,094,144	$1,491,032	$5,254,223	$4,603,112
2020	$725,915	$484,249	$568,588	$241,666