THE CORAL NURSERY OF PUERTO RICO INC (EIN 660989179) - 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

2021

Legal Domicile

Principal Officer

MARISSA MYER

Phone

4129267073

Tax Period

2023-01-01 to 2023-12-31

THE CORAL NURSERY OF PUERTO RICO INC, founded in 2021, is a small nonprofit in the Environment sector that reported $108K in total revenue in fiscal year 2023. Revenue fell 45% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $92K, a strong 85% operating margin.

Mission

THE ORGANIZATION'S PURPOSE IS TO REPOPULATE CORAL IN THE OCEAN AROUND PUERTO RICO. THE PRIMARY ACTIVITY OF THE ORGANIZATION IS TO GROW CORAL (KNOWN AS 'CORAL RECRUITS') IN A LAND-BASED CORAL NURSERY. THE ORGANIZATION WILL GROW THE CORAL RECRUITS IN TEMPERATURE-CONTROLLED TANKS. WHEN THE CORAL RECRUITS ARE MATURE, THEY WILL BE OUTPLANTED INTO THE OCEAN.

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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 $74,204

Program Service Revenue $0

Investment Income $33,901

Other Revenue $0

TOTAL REVENUE $108,105

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $15,915

TOTAL EXPENSES $15,915

Year-over-Year Comparison

	2023	2022	Change
Revenue	$108,105	$196,297	-0.4%
Expenses	$15,915	$10,159	+0.6%
Net Income	$92,190	$186,138	-0.5%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DANIEL JOHNSON	DIRECTOR	N/A	Director	$0	$0	$0
MATTHEW KERZNER	DIRECTOR	N/A	Director	$0	$0	$0
MARISSA MYER	PRESIDENT DI	N/A	Director	$0	$0	$0
DOUGLAS YURASKO	DIRECTOR	N/A	Director	$0	$0	$0
JANET ZEIGER	ASSISTANT SE	N/A	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	No data	No data	No data	No data
2023	$108,105	$15,915	$268,003	$92,190
2022	$196,297	$10,159	$198,061	$186,138

THE CORAL NURSERY OF PUERTO RICO INC