Puerto Rican Traveling Theater Co Inc
Nonprofit profile at a glance
- EIN
- 132597744
- IRS 990 coverage
- 2014–2014
- Forms available
- Form 990 2014
- Location
- New York, NY, USA
- Phone
- 2123541293
- Rating
- 64
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Arts, Culture, and Humanities
Reported finances
- Revenue
- $409,654
- Expenses
- $333,195
- Assets
- $8,683
- Liabilities
- $101,643
Source: IRS Form 990. Selected filing: tax year 2014. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- MIRIAM COLON VALLE (PRESIDENT)
People named in this filing
- LOUIS HERNANDEZ (BOARD CHAIR-)
- SOLDANELA RIVERA
- MARCOS MARRERO RIVERA
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2014. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The puerto rican traveling theatre company, inc. Was organized to provide cultural enrichment theatrically to the hispanic and non-hispanic populations of the city of New York and to provide educational opportunities in the theatre arts to latino and other aspirants.
What it reported doing in 2014
Provide theatrical and educational enrichment opportunities in cultural theatrical arts to hispanic and non-hispanic population.
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. Some filing-based governance responses are negative or unanswered and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 58
- Transparency & Controls: 90
- Accountability: 59
- Sustainability: 46
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 59.8%; rating input score 60
- Program expense ratio: 73.6%; rating input score 74
- 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: 80%; rating input score 80; 20th percentile among comparable filings
- Governance controls: 2 of 7 controls in place; rating input score 29
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 18.7%; rating input score 78; 78th percentile among comparable filings
- Total-asset coverage ratio: 0.03; rating input score 2; 2nd percentile among comparable filings
- Liabilities to assets ratio: 11.71; rating input score 0; 0th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 73; 73rd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 59.8% of revenue deployed · 73.6% of spending went to programs
- Governance: 4 of 5 board members independent · 2 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $245K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 23 of 23 current checks pass
- Schedules: 3 filed schedules
- Contacts: How to reach this organization
- 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.
- High — Accountability: Governance controls: 5 of 7 not reported.
- High — Sustainability: Total-asset coverage ratio scored 2/100.
- High — Sustainability: Liabilities to assets ratio scored 0/100.