CARIBE TOWERS INC (EIN 752987568) - 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

2001

Legal Domicile

Principal Officer

DAVID GONZALEZ

Phone

2154268025

Tax Period

2024-07-01 to 2025-06-30

CARIBE TOWERS INC, founded in 2001, is a small nonprofit in the Housing & Shelter sector that reported $694K in total revenue in fiscal year 2024. Revenue fell 37% from the prior year — a significant decline worth monitoring. Expenses of $864K exceeded revenue, resulting in a 24% operating deficit.

Mission

TO PROVIDE LOW-INCOME HOUSING FOR THE ELDERLY.

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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 $0

Program Service Revenue $590,924

Investment Income $651

Other Revenue $102,597

TOTAL REVENUE $694,172

Expense Breakdown

Grants Paid $0

Salaries & Benefits $202,830

Fundraising Expenses $0

Program Expenses $785,698

Other Expenses $660,835

TOTAL EXPENSES $863,665

Year-over-Year Comparison

	2024	2023	Change
Revenue	$694,172	$1,100,758	-0.4%
Expenses	$863,665	$780,566	+0.1%
Net Income	$-169,493	$320,192	-1.5%

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

$197,401

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID GONZALEZ	PROPERTY MAN	10.00	Officer	$0	$12,963	$197,401
LYDIA WALKER	DIRECTOR	1.00	Officer Director	$0	$0	$0
MIGUEL GARCIA	CHAIRMAN	1.00	Officer Director	$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	$694,172	$863,665	$5,785,680	$-169,493
2024	$1,100,758	$780,566	$5,932,530	$320,192
2023	$577,858	$767,530	$6,027,817	$-189,672
2022	$582,702	$728,486	$6,221,786	$-145,784
2021	$562,133	$719,904	$6,336,045	$-157,771
2020	$546,105	$654,551	$6,490,645	$-108,446
2019	$513,053	$655,680	$6,579,957	$-142,627
2018	$506,589	$678,963	$6,731,947	$-172,374

CARIBE TOWERS INC