CARRENO FOUNDATION INC

EIN: 832614405 501(c)(3) Arts, Culture & Humanities

Fort Lauderdale, FL

Total Revenue
$22,148
Total Expenses
$15,059
Total Assets
$16,816
Net Assets
$16,816
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
FL
Phone
9543850703
Tax Period
2024-01-01 to 2024-12-31

CARRENO FOUNDATION INC, founded in 2019, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $22K in total revenue in fiscal year 2024. Revenue surged 37% from the prior year, signaling strong growth momentum. The organization ran a surplus of $7K, a strong 32% operating margin.

Mission

CHARITY MUSICAL EVENTS

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $22,148
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $22,148

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $10,233
Program Expenses $2,016
Other Expenses $15,059
TOTAL EXPENSES $15,059

Year-over-Year Comparison

2024 2023 Change
Revenue $22,148 $16,206 +0.4%
Expenses $15,059 $11,765 +0.3%
Net Income $7,089 $4,441 +0.6%
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

Sign In

Governance

Voting Members
2
Independent Members
2
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
1
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANDREA PUERTA DIRECTOR 20.00
Director
$0 $0 $0
CARMEN CARRENO PRESIDENT 40.00
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 $22,148 $15,059 $16,816 $7,089
2023 $16,206 $11,765 $9,727 $4,441
2022 $3,825 $2,870 $5,286 $955
2021 $10,670 $6,878 $4,331 $3,792
2020 $300 $483 $539 $-183
2019 $4,399 $3,677 $722 $722
Explore More Nonprofits
→Top 100 Nonprofits in Florida →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare CARRENO FOUNDATION INC with other nonprofits in Florida and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.