MI PATRIA PR (EIN 661010693) - 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

2022

Legal Domicile

Principal Officer

Raymond Collazo

Phone

3479073912

Tax Period

2024-05-01 to 2025-04-30

MI PATRIA PR, founded in 2022, is a small nonprofit in the Civil Rights & Advocacy sector that reported $270K in total revenue in fiscal year 2024. Revenue surged 358% from the prior year, signaling strong growth momentum. The organization ran a surplus of $148K, a strong 55% operating margin.

Mission

Mi Patria PR aims to improve the quality of life of underserved Puerto Rican communities by providing sustainable and affordable housing, educational resources and support services to assist in their growth and development. We work to empower military veterans to continue serving their communities by volunteering and leading positive change. Mi Patria PR tackles displacement head-on by supporting our veterans and their mental health, encouraging them to continue their service in their community. Through their volunteerism, we address housing insecurity, provide art and music therapy workshops for our youth, and when disaster strikes, we're there with strategic responses.

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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 $270,393

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $270,393

Expense Breakdown

Grants Paid $384

Salaries & Benefits $35,292

Fundraising Expenses $22,003

Program Expenses $32,197

Other Expenses $86,674

TOTAL EXPENSES $122,350

Year-over-Year Comparison

	2024	2023	Change
Revenue	$270,393	$59,083	+3.6%
Expenses	$122,350	$79,538	+0.5%
Net Income	$148,043	$-20,455	-8.2%

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

$16,874

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Raymond Collazo	Co-Chair & Treasurer	40	Officer	$11,249	$0	$11,249
Carmen I Santiago	Co-Chair & Vice Treasurer	40	Officer	$5,625	$0	$5,625
Veronica Guerrero	Vice-Chair	5	Officer	$0	$0	$0
Nelson Arroyo	Secretary	0	Officer	$0	$0	$0
David Aviles	Board Member	5	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	$270,393	$122,350	$170,728	$148,043

MI PATRIA PR