Proyecto Matria Inc
Nonprofit profile at a glance
- EIN
- 660641575
- IRS 990 coverage
- 2019–2024
- Forms available
- Form 990 2024
- Location
- Caguas, PR, USA
- Phone
- 7877042222
- Rating
- 74
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Family Violence Shelters
Reported finances
- Revenue
- $775,591
- Expenses
- $734,290
- Assets
- $2,730,504
- Liabilities
- $311,650
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- Cristina Pares Alicea (Executive Director)
- Ines Lafarga (President)
Highest reported compensation
- Cristina Pares Alicea (Executive Director): $72,000 total reported compensation
- Madeline Frias (Fiscal Coordinator): $38,425 total reported compensation
- Soraya Muriel (Operations Coordinator): $36,100 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To support the development and self-sufficiency of puerto rico women by offering them housing alternatives and education so they can surpass violence situations and gender discrimination and exert their right to a life free of violence and full of self development opportunities.
What it reported doing in 2024
Supporting housing assistance program - to provide transitional housing assistance and related support services to minors, adults, and their dependents who are homeless, or in need of transitional housing or other housing assistance, as a result of a situation intervention services are unavailable or insufficient. The program includes psychosocial services, payments of childcare and transportation, and other support services coordination. It's goal is to help women make a transition to permanent housing.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up and most voting board members are independent. Program spending has declined or grown slowly and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 57
- Transparency & Controls: 90
- Accountability: 95
- Sustainability: 54
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 63.4%; rating input score 63
- Program expense ratio: 66.9%; rating input score 67
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 5.3%; rating input score 51; 51st percentile among comparable filings
- Total-asset coverage ratio: 3.72; rating input score 79; 79th percentile among comparable filings
- Liabilities to assets ratio: 0.11; rating input score 40; 40th percentile among comparable filings
- Officer compensation ratio: 20%; rating input score 15; 15th percentile among comparable filings
Growth
- Program expense growth: -15.9% per year; rating input score 0; 3rd percentile among comparable filings
- Revenue growth: 2.7% per year; rating input score 100; 29th percentile among comparable filings
- Asset growth: 32.7% per year; rating input score 100; 92nd percentile among comparable filings
Details
- Where the money goes: 63.4% of revenue deployed · 66.9% of spending went to programs
- Governance: 5 of 5 board members independent · 8 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $491K in reported program spending
- Leadership: top reported pay $72K · 7 people listed
- Consistency: 26 of 26 current checks pass
- Schedules: 3 filed schedules
- Filing history: 6 filing years from 2019 to 2024
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Growth: Program expense growth scored 0/100.
- Review — Sustainability: Operating margin scored 51/100.
- Review — Accountability: Governance controls: Whistleblower policy not reported.
- High — Sustainability: Officer compensation ratio scored 15/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 40/100.
- High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.