CENTRO DE ECONOMIA CREATIVA INC (EIN 660943858) - 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

2020

Legal Domicile

Principal Officer

Javier Hernandez Acosta

Phone

7873969118

Tax Period

2024-01-01 to 2024-12-31

CENTRO DE ECONOMIA CREATIVA INC, founded in 2020, is a community nonprofit in the Community Improvement sector that reported $4.1M in total revenue in fiscal year 2024. Revenue fell 30% from the prior year — a significant decline worth monitoring.

Mission

This Organization is organized to provide support to the non-profit sector and social enterprises through educational tools management services and identification of resources for their sustainability. It aims to provide management and training support to community-based projects that seek to generate economic social or cultural transformation.

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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 $4,025,052

Program Service Revenue $65,340

Investment Income $0

Other Revenue $19,742

TOTAL REVENUE $4,110,134

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,899,981

Fundraising Expenses $0

Program Expenses $4,031,930

Other Expenses $1,437,514

TOTAL EXPENSES $4,337,495

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,110,134	$5,898,071	-0.3%
Expenses	$4,337,495	$3,975,228	+0.1%
Net Income	$-227,361	$1,922,843	-1.1%

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

$117,739

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SIRI Y ROLON RIVERA	DIRECTOR	40.00	Officer	$59,839	$0	$59,839
JAVIER J HERNANDEZ ACOSTA	FOUNDER DIRECTOR	30.00	Officer	$57,900	$0	$57,900
CARMEN OTERO MARTINEZ	SECRETARY	5.00	Officer Director	$0	$0	$0
NAIMA RODRIGUEZ RIVERA	TREASURER	5.00	Officer Director	$0	$0	$0
VIVIANA MEJIAS DIAZ	PRESIDENT	5.00	Director	$0	$0	$0
LILLIAN AGOSTO MALDONADO	DIRECTOR	5.00	Director	$0	$0	$0
RAFAEL CANCEL	DIRECTOR	5.00	Director	$0	$0	$0
INDIRA LUCIANO	DIRECTOR	5.00	Director	$0	$0	$0
LUMAR AYALA	DIRECTOR	5.00	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	$4,110,134	$4,337,495	$5,058,257	$-227,361
2023	$5,898,071	$3,975,228	$5,292,844	$1,922,843
2022	$1,234,960	$1,906,611	$3,350,220	$-671,651
2021	$4,248,383	$246,524	$4,050,900	$4,001,859

CENTRO DE ECONOMIA CREATIVA INC