RIO GRANDE VALLEY LINKING ECONOMIC AND ACADEMIC DEVELOPMENT INC (EIN 742691363) - 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

1992

Legal Domicile

Principal Officer

MARICELA DE LEON

Phone

9564053091

Tax Period

2023-09-01 to 2024-08-31

RIO GRANDE VALLEY LINKING ECONOMIC AND ACADEMIC DEVELOPMENT INC, founded in 1992, is a small nonprofit that reported $145K in total revenue in fiscal year 2023. Revenue fell 69% from the prior year — a significant decline worth monitoring. Expenses of $231K exceeded revenue, resulting in a 60% operating deficit.

Mission

RGV LEAD'S PRIMARY EXEMPT PURPOSE IS TO DEVELOP A SKILLED WORKFORCE IN THE RIO GRANDE VALLEY.

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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 $13,300

Program Service Revenue $134,380

Investment Income $1,648

Other Revenue $-4,809

TOTAL REVENUE $144,519

Expense Breakdown

Grants Paid $2,500

Salaries & Benefits $114,966

Fundraising Expenses $0

Program Expenses $191,136

Other Expenses $113,418

TOTAL EXPENSES $230,884

Year-over-Year Comparison

	2023	2022	Change
Revenue	$144,519	$472,267	-0.7%
Expenses	$230,884	$364,668	-0.4%
Net Income	$-86,365	$107,599	-1.8%

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

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

$43,603

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARICELA DE LEON	PRESIDENT	1.00	Officer Director	$0	$0	$0
ADRIANA SARMIENTO	TREASURER	1.00	Officer Director	$0	$0	$0
ESMERALDA ADAME MBA EDD	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
THERESA A CAPISTRAN	DIRECTOR	1.00	Director	$0	$0	$0
ANABELL C CARDONA	DIRECTOR	1.00	Director	$0	$0	$0
JONATHAN MEDINA	DIRECTOR	1.00	Director	$0	$0	$0
FRANCISCO ALMARAZ	DIRECTOR	1.00	Director	$0	$0	$0
KRISTINA LEAL PE CFM	DIRECTOR	1.00	Director	$0	$0	$0
NARCISO GARCIA	DIRECTOR	1.00	Director	$0	$0	$0
LEONARDO TREVINO	DIRECTOR	1.00	Director	$0	$0	$0
ELOY GARZA	DIRECTOR	1.00	Director	$0	$0	$0
VIVIANA ESPINOSA	DIRECTOR	1.00	Director	$0	$0	$0
YSMAEL FONSECA	DIRECTOR	1.00	Director	$0	$0	$0
MANNY VELA	DIRECTOR	1.00	Director	$0	$0	$0
DANIEL KING	DIRECTOR	1.00	Director	$0	$0	$0
KRISTA CHAPA	DIRECTOR	1.00	Director	$0	$0	$0
CINDY MATA	DIRECTOR	1.00	Director	$0	$0	$0
RICARDO PENA	DIRECTOR	1.00	Director	$0	$0	$0
LEO SAENZ	DIRECTOR	1.00	Director	$0	$0	$0
CYNTHIA WALLS	DIRECTOR	1.00	Director	$0	$0	$0
MARIO BARAGAN	DIRECTOR	1.00	Director	$0	$0	$0
CARLOS GARZA	DIRECTOR	1.00	Director	$0	$0	$0
RHONDA SALINAS	DIRECTOR	1.00	Director	$0	$0	$0
RAFAEL VELA	DIRECTOR	1.00	Director	$0	$0	$0
DR MARCOS SILVA	RGV LEAD EXEC DIRECTOR	1.00	Officer	$43,603	$0	$43,603

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	$144,519	$230,884	$71,911	$-86,365
2023	$472,267	$364,668	$236,055	$107,599
2022	$305,379	$328,174	$128,721	$-22,795
2021	$360,723	$382,831	$253,795	$-22,108
2020	$329,154	$384,087	$271,745	$-54,933
2019	$516,434	$431,177	$337,049	$85,257
2018	$462,289	$450,537	$222,724	$11,752

RIO GRANDE VALLEY LINKING ECONOMIC AND ACADEMIC DEVELOPMENT INC