Dia de Portugal Newark a NJ Nonprofit Corporation

EIN: 920782705 501(c)(3) Arts, Culture & Humanities

Hillside, NJ

Total Revenue
$343,536
Total Expenses
$376,569
Total Assets
$48,312
Net Assets
$48,312
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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
NJ
Principal Officer
Fernando Grilo
Phone
9082854046
Tax Period
2024-01-01 to 2024-12-31

Dia de Portugal Newark a NJ Nonprofit Corporation, founded in 2022, is a small nonprofit in the Arts, Culture & Humanities sector that reported $344K in total revenue in fiscal year 2024.

Mission

Dia de Portugal Newark promotes Portuguese heritage and culture by showcasing traditions from the community that started at the beginning of the last century

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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 (2024)

Revenue Breakdown

Contributions & Grants $343,536
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $343,536

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $41,350
Program Expenses $315,541
Other Expenses $335,219
TOTAL EXPENSES $376,569

Year-over-Year Comparison

2024 2023 Change
Revenue $343,536 N/A N/A
Expenses $376,569 N/A N/A
Net Income $-33,033 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
5
Independent Members
5
Employees
N/A
Volunteers
30

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
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Fernando Grilo 5.00
Director
$0 $0 $0
Jack Barreira 5.00
Director
$0 $0 $0
Jose Barros 5.00
Director
$0 $0 $0
Michael Valente 5.00
Director
$0 $0 $0
Manny Lopes 5.00
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
2024 $343,536 $376,569 $48,312 $-33,033
2023 $337,041 $255,697 $81,345 $81,344
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