PORTUGAL DAY NEWARK A NJ NONPROFIT CORPORATION

EIN: 811968696 501(c)(3)

NEWARK, NJ

Total Revenue
N/A
Total Expenses
$21,258
Total Assets
$14,594
Net Assets
$14,594
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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
2016
Legal Domicile
NJ
Principal Officer
GEORGE MARQUES
Phone
8622830150
Tax Period
2019-01-01 to 2019-12-31

Mission

TO PROVIDE PROGRAMS AND ACTIVITIES WHICH SHALL ENHANCE AND IMPROVE THE QUALITY OF LIFE OF THE RESIDENTS OF THE CITY OF NEWARK AND THE STATE OF NJ BY CONCENTRATING ON THE AREAS

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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 (2019)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $20,408
Other Expenses $21,258
TOTAL EXPENSES $21,258

Year-over-Year Comparison

2019 2018 Change
Revenue N/A $175,626 -1.0%
Expenses $21,258 $228,353 -0.9%
Net Income N/A $-52,727 N/A
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
4
Independent Members
4
Employees
N/A
Volunteers
4

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
4
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GEORGE MARQUES PRESIDENT 2.00
Officer Director
$0 $0 $0
ROSEMARIE RUIVO VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
GLORIA TORTORELLO SECRETARY 2.00
Officer Director
$0 $0 $0
TIAGO GONCALVES TREASURER 2.00
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
2019 No data $21,258 $14,594 No data
2018 $175,626 $228,353 $35,851 $-52,727
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