RIO GRANDE VALLEY PHILANTHROPIC FOUNDATION (EIN 742826613) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1997

Legal Domicile

Principal Officer

DIANE MILLIKEN GARZA

Phone

9565720304

Tax Period

2023-01-01 to 2023-12-31

RIO GRANDE VALLEY PHILANTHROPIC FOUNDATION, founded in 1997, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $336K in total revenue in fiscal year 2023. Net assets of $2.9M represent 105 months of operating reserves.

Mission

THE MISSION OF THE RIO GRANDE VALLEY PHILANTHROPIC FOUNDATION IS TO IMPROVE THE QUALITY OF LIFE FOR PEOPLE IN BROWNSVILLE BY PROMOTING PHILANTHROPY, BUILDING PERMANENT CHARITABLE ENDOWMENTS AND ADDRESSING COMMUNITY NEEDS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $212,089

Program Service Revenue $0

Investment Income $116,696

Other Revenue $7,060

TOTAL REVENUE $335,845

Expense Breakdown

Grants Paid $190,500

Salaries & Benefits $90,426

Fundraising Expenses $0

Program Expenses $190,500

Other Expenses $81,553

TOTAL EXPENSES $362,479

Year-over-Year Comparison

	2023	2022	Change
Revenue	$335,845	$343,163	0.0%
Expenses	$362,479	$274,111	+0.3%
Net Income	$-26,634	$69,052	-1.4%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$84,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CARLOS VARELA	PRESIDENT	1.00	Officer Director	$0	$0	$0
JENNIFER SPENCE SAMPAYO	SECRETARY	1.00	Officer Director	$0	$0	$0
MARIA MICHIS	TREASURER	1.00	Officer Director	$0	$0	$0
MARCELA ARGUELLES LAWLER	DIRECTOR	1.00	Director	$0	$0	$0
MARCELA RONQUILLO HINOJOSA	DIRECTOR	1.00	Director	$0	$0	$0
JOHN COWEN	DIRECTOR	1.00	Director	$0	$0	$0
DIANE GARZA PHD	CEO	40.00	Officer	$84,000	$0	$84,000

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	$335,845	$362,479	$2,937,094	$-26,634
2022	$343,163	$274,111	$2,676,493	$69,052
2021	$207,192	$157,662	$3,226,219	$49,530
2020	$266,997	$282,812	$3,007,484	$-15,815
2019	$268,276	$352,151	$2,808,312	$-83,875
2018	$361,438	$279,845	$2,520,303	$81,593

RIO GRANDE VALLEY PHILANTHROPIC FOUNDATION