Rio Grande Valley Empowerment Zone Corporation (EIN 742549834) - 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

1995

Legal Domicile

Principal Officer

Rudy Salinas

Phone

9564243276

Tax Period

2024-01-01 to 2024-12-31

Rio Grande Valley Empowerment Zone Corporation, founded in 1995, is a small nonprofit in the Employment sector that reported $654K in total revenue in fiscal year 2024. Revenue fell 22% from the prior year — a significant decline worth monitoring. Expenses of $781K exceeded revenue, resulting in a 19% operating deficit.

Mission

The mission of the Rio Grande Valley Empowerment Zone Corporation RGVEZC is to provide programs and services to empower individuals and communities and to promote a better quality of life for our communities.

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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 $654,327

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $654,327

Expense Breakdown

Grants Paid $0

Salaries & Benefits $299,426

Fundraising Expenses $0

Program Expenses $641,470

Other Expenses $481,643

TOTAL EXPENSES $781,069

Year-over-Year Comparison

	2024	2023	Change
Revenue	$654,327	$838,194	-0.2%
Expenses	$781,069	$878,892	-0.1%
Net Income	$-126,742	$-40,698	+2.1%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Rudy Salinas	Board Chair	N/A	Director	$0	$0	$0
Sam Vale	Treasurer	N/A	Director	$0	$0	$0
Alma Chavez	Secretary	N/A	Director	$0	$0	$0
Javier Margo	Board Member	N/A	Director	$0	$0	$0
N/A	Chief Financial Officer	010.00	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
2024	$654,327	$781,069	$319,836	$-126,742
2023	$838,194	$878,892	$452,550	$-40,698
2022	$753,879	$787,848	$496,855	$-33,969
2021	$1,306,475	$1,334,474	$531,814	$-27,999
2020	$1,701,548	$1,743,899	$628,519	$-42,351

Rio Grande Valley Empowerment Zone Corporation