TECTUM FOUNDATION INC

EIN: 853113805 501(c)(3)

MIAMI, FL

Total Revenue
$577,977
Total Expenses
$595,606
Total Assets
$21,587
Net Assets
$-17,629
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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
2020
Legal Domicile
FL
Principal Officer
FRANCISCO LAYRISSE
Phone
7868376787
Tax Period
2021-01-01 to 2021-12-31

TECTUM FOUNDATION INC, founded in 2020, is a small nonprofit that reported $578K in total revenue in fiscal year 2021.

Mission

Expand access to independent and credible news information to lower-income sectors of Latin America

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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 (2021)

Revenue Breakdown

Contributions & Grants $577,977
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $577,977

Expense Breakdown

Grants Paid $524,721
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $579,780
Other Expenses $70,885
TOTAL EXPENSES $595,606

Year-over-Year Comparison

2021 2020 Change
Revenue $577,977 N/A N/A
Expenses $595,606 N/A N/A
Net Income $-17,629 N/A 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
3
Independent Members
N/A
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
0
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
FRANCISCO LAYRISSE PRESIDENT 1.00
Director
$0 $0 $0
WILLIAM VERA VICE PRESIDENT 1.00
Director
$0 $0 $0
ALEJANDRO PUYANA SECRETARY / TREASURY 1.00
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
2021 $577,977 $595,606 $21,587 $-17,629
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