SOUTHERN PUERTO RICO ECONOMIC DEVELOPMENT DISTRICT INC (EIN 661006217) - 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

Principal Officer

SOFIA MARTINEZ ALVAREZ

Phone

7877255310

Tax Period

2024-01-01 to 2024-12-31

SOUTHERN PUERTO RICO ECONOMIC DEVELOPMENT DISTRICT INC is a small nonprofit in the Community Improvement sector that reported $200K in total revenue in fiscal year 2024. The organization ran a surplus of $45K, a strong 22% operating margin.

Mission

SOUTHERN PUERTO RICO ECONOMIC DEVELOPMENT, INC IS A PRIVATE, NON-PARTSAN, NON-PROFIT ORGANIZATION WHOSE PURPOSE IS TO PLAN, DEVELOP, AND IMPLEMENT ECNOMIC DEVELOPMENT STRATEGIES IN ORDER OF POSITIVELY IMPACT MULTIPLE COMMUNITIES LOCATED

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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 $200,000

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $200,000

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $155,089

Other Expenses $155,089

TOTAL EXPENSES $155,089

Year-over-Year Comparison

	2024	2023	Change
Revenue	$200,000	N/A	N/A
Expenses	$155,089	N/A	N/A
Net Income	$44,911	N/A	N/A

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	Role	Reportable Comp	Other Comp	Total
SOFIA MARTINEZ	PRESIDENT	Director	$0	$0	$0
ELIZABETH COLO	TREASURER	Director	$0	$0	$0
JAVIER DE JESU	SECRETARY	Director	$0	$0	$0
SORAYA MORON V	VOCAL	Director	$0	$0	$0
JENNY MAR	VOCAL	Director	$0	$0	$0
RAFAEL ALVARAD	VOCAL	Director	$0	$0	$0
NORIS TORRES	VOCAL	Director	$0	$0	$0
VIVIAM PUIG	EXCECUTIVE DIR	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
2025	No data	No data	No data	No data
2024	$200,000	$155,089	$46,144	$44,911
2023	No data	No data	No data	No data

SOUTHERN PUERTO RICO ECONOMIC DEVELOPMENT DISTRICT INC