CORPORACION PARA EL DESAROLLO DE E… - Form 990 Financial Data

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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

2022

Legal Domicile

Principal Officer

DAVID FRONTERAS

Phone

7879864043

Tax Period

2024-01-01 to 2024-06-30

CORPORACION PARA EL DESAROLLO DE ESCUELAS ALIANZAS DE PR, founded in 2022, is a small nonprofit in the Education sector that reported $826K in total revenue in fiscal year 2024. Expenses of $2.0M exceeded revenue, resulting in a 141% operating deficit.

Mission

OUR NBSP;GOAL NBSP;IS NBSP;SIMPLE NBSP;YET NBSP;PROFOUND: NBSP;TO NBSP;PROVIDE NBSP;EVERY NBSP;STUDENT NBSP;WITH NBSP;AN NBSP;UNPARALLELED NBSP;COLLEGE NBSP;PREPARATORY NBSP;EDUCATION NBSP;HOW NBSP;DO NBSP;WE NBSP;ACHIEVE NBSP;THIS NBSP;THROUGH NBSP;A NBSP;BLEND NBSP;OF NBSP;ACADEMIC NBSP;RIGOR NBSP;CHARACTER NBSP;DEVELOPMENT NBSP;AND NBSP;AN NBSP;IMMERSIVE NBSP;MULTILINGUAL NBSP; AMP; NBSP;STEAAMS-BASED NBSP;EDUCATIONAL NBSP;PROGRAM NBSP;WE NBSP;STRIVE NBSP;TO NBSP;ENSURE NBSP;EACH NBSP;STUDENT NBSP;NOT NBSP;ONLY NBSP;EXCELS NBSP;IN NBSP;HIGH NBSP;SCHOOL NBSP;AND NBSP;COLLEGE NBSP;BUT NBSP;THRIVES NBSP;IN NBSP;THE NBSP;WORLD NBSP;BEYOND

Program Service Accomplishments

Program 1

Expenses: $1,991,207 Revenue: $826,086

PREPARATORY EDUCATION SCHOOL

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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 $826,086

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $826,086

Expense Breakdown

Grants Paid $0

Salaries & Benefits $105,000

Fundraising Expenses $0

Program Expenses $1,991,207

Other Expenses $1,886,207

TOTAL EXPENSES $1,991,207

Year-over-Year Comparison

	2024	2023	Change
Revenue	$826,086	N/A	N/A
Expenses	$1,991,207	N/A	N/A
Net Income	$-1,165,121	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

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
DAVID FRONTERA	PRESIDENT	020.00		$0	$0	$0
MIREILY DECLET	MEMBER	030.00	Officer	$0	$0	$0
CHRISTINE AVILA	MEMBER	040.00	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	$826,086	$1,991,207	$17,154,170	$-1,165,121
2023	$947,986	$6,413,641	$926,451	$-5,465,655

CORPORACION PARA EL DESAROLLO DE ESCUELAS ALIANZAS DE PR