MAGIC VALLEY PORTUGUESE HALL INC (EIN 820469833) - 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

2000

Legal Domicile

Principal Officer

JOE SILVA

Phone

2085365510

Tax Period

2024-01-01 to 2024-12-31

MAGIC VALLEY PORTUGUESE HALL INC, founded in 2000, is a small nonprofit in the Arts, Culture & Humanities sector that reported $170K in total revenue in fiscal year 2024. Revenue decreased 13% compared to the prior year. The organization ran a surplus of $26K, a strong 15% operating margin.

Mission

MAINTAIN RELIGIOUS HOLIDAYS FOR THE PORTUGUESE COMMUNITY, AND TEACH OUR CHILDREN THE SIGNIFICANCE OF OUR RELIGIOUS HOLIDAYS, CULTURE , AND CUSTOMS AS OBSERVED IN THE OLD COUNTRY.

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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 $9,110

Program Service Revenue $158,457

Investment Income $153

Other Revenue $1,790

TOTAL REVENUE $169,510

Expense Breakdown

Grants Paid $3,800

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $102,541

Other Expenses $139,812

TOTAL EXPENSES $143,612

Year-over-Year Comparison

	2024	2023	Change
Revenue	$169,510	$195,631	-0.1%
Expenses	$143,612	$240,038	-0.4%
Net Income	$25,898	$-44,407	-1.6%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GRACE SILVA	DIRECTOR, SE	5.00	Director	$0	$0	$0
JAIME SILVA	DIRECTOR	N/A	Director	$0	$0	$0
EDUARDA PEREIRA	TREASURER	2.00	Officer	$0	$0	$0
JOE SILVA	PRESIDENT	5.00	Officer	$0	$0	$0
JORGE VALIM	VICE PRESIDE	2.00	Officer	$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
2024	$169,510	$143,612	$430,664	$25,898
2023	$195,631	$240,038	$404,766	$-44,407
2022	$150,564	$170,058	$449,173	$-19,494
2021	$157,473	$124,342	$468,667	$33,131
2020	$64,280	$86,468	$435,536	$-22,188
2019	$141,800	$97,906	$457,724	$43,894
2018	$171,610	$112,289	$414,737	$59,321

MAGIC VALLEY PORTUGUESE HALL INC