RIO GRANDE VALLEY PARTNERSHIP FOUNDATION

EIN: 742765624 501(c)(3) Employment

WESLACO, TX

Total Revenue
$94,684
Total Expenses
$120,369
Total Assets
$85,714
Net Assets
$85,714
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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
TX
Principal Officer
DANIEL SILVA
Phone
9569683141
Tax Period
2023-01-01 to 2023-12-31

RIO GRANDE VALLEY PARTNERSHIP FOUNDATION, founded in 1995, is a micro nonprofit in the Employment sector that reported $95K in total revenue in fiscal year 2023. Revenue surged 209% from the prior year, signaling strong growth momentum. Expenses of $120K exceeded revenue, resulting in a 27% operating deficit.

Mission

PLEASE SEE DESCRIPTION ON FORM 990, PART I, LINE 1.

Program Service Accomplishments

Program 1
Expenses: $90,732 Revenue: $22,950

TO UNDERTAKE STUDIES AND RESEARCH, CONDUCT TRAINING COURSES, SEMINARS, DISCUSSION GROUPS, FORUMS, PANELS, LECTURES, AWARD SCHOLARSHIPS, AND ENGAGE IN ANY ACTIVITY, WHICH TENDS TO PROMOTE...

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TO UNDERTAKE STUDIES AND RESEARCH, CONDUCT TRAINING COURSES, SEMINARS, DISCUSSION GROUPS, FORUMS, PANELS, LECTURES, AWARD SCHOLARSHIPS, AND ENGAGE IN ANY ACTIVITY, WHICH TENDS TO PROMOTE UNDERSTANDING, UNIFICATION OR IMPROVED RELATIONSHIPS BETWEEN DIFFERENT ECONOMIC OR ETHNIC GROUPS.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $22,850
Investment Income $631
Other Revenue $71,203
TOTAL REVENUE $94,684

Expense Breakdown

Grants Paid $40,000
Salaries & Benefits $0
Fundraising Expenses $10,000
Program Expenses $90,732
Other Expenses $80,369
TOTAL EXPENSES $120,369

Year-over-Year Comparison

2023 2022 Change
Revenue $94,684 $30,603 +2.1%
Expenses $120,369 $91,365 +0.3%
Net Income $-25,685 $-60,762 -0.6%
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

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Governance

Voting Members
9
Independent Members
9
Employees
10
Volunteers
25

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
7
$160,636
Total Directors
10
$160,636
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRENT BALDREE TREASURER 1.00
Officer Director
$0 $0 $0
LARRY GONZALEZ PAST CHAIR 1.00
Officer Director
$0 $0 $0
DEBORAH CORDOVA SECRETARY 1.00
Officer Director
$0 $0 $0
ANABELL CARDONA ASST SECRETARY 1.00
Director
$0 $0 $0
BILLY CANALES MEMBER 1.00
Officer Director
$0 $0 $0
LEE REED MEMBER 1.00
Director
$0 $0 $0
ARLENE GARZA CHAIRWOMAN 1.00
Officer Director
$0 $0 $0
KRYS WEYAND MEMBER 1.00
Director
$0 $0 $0
SERGIO CONTRERAS MEMBER 1.00
Officer Director
$0 $0 $0
DANIEL SILVA CEO 15.00
Officer Director
$0 $7,836 $160,636
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 $94,684 $120,369 $85,714 $-25,685
2022 $30,603 $91,365 $121,892 $-60,762
2021 $402,505 $369,808 $180,922 $32,697
2020 $69,215 $111,782 $148,890 $-42,567
2019 $130,730 $95,311 $198,705 $35,419
2018 $81,486 $79,823 $153,567 $1,663
2017 $76,893 $75,317 $150,219 $1,576
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