HISPANIC AMERICAN LIBRARY INC

EIN: 043252935 501(c)(3) Education

SPRINGFIELD, MA

Total Revenue
$278,522
Total Expenses
$304,997
Total Assets
$27,840
Net Assets
$27,840
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
MA
Principal Officer
JUAN FALCON
Phone
4138585146
Tax Period
2023-07-01 to 2024-06-30

HISPANIC AMERICAN LIBRARY INC, founded in 2015, is a small nonprofit in the Education sector that reported $279K in total revenue in fiscal year 2023. Revenue surged 30% from the prior year, signaling strong growth momentum.

Mission

THE HISPANIC AMERICAN LIBRARY EXPANDS COMMUNITY-BASED LIBRARY SERVICES TO THE RESIDENTS OF SPRINGFIELD AND BEYOND WITH COLLECTIONS AND SERVICES FOCISED ON THE WORKS, ACHIEVEMENTS AND ACCOMPLISHMENTS OF HISPANIC AMERICAN AUTHORS, MUSICIANS AND ARTIST ON A LOCAL, REGIONAL, NATIONAL, AND INTERNATIONAL LEVEL.

Program Service Accomplishments

Program 1
Expenses: $65,184 Revenue: $197,087

EXPAND COMMUNITY-BASED LIBRARY SERVICES TO THE RESIDENTS OF SPRINGFIELD.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $278,521
Program Service Revenue $0
Investment Income $1
Other Revenue $0
TOTAL REVENUE $278,522

Expense Breakdown

Grants Paid $0
Salaries & Benefits $136,872
Fundraising Expenses $157,892
Program Expenses $65,184
Other Expenses $168,125
TOTAL EXPENSES $304,997

Year-over-Year Comparison

2023 2022 Change
Revenue $278,522 $214,527 +0.3%
Expenses $304,997 $184,681 +0.7%
Net Income $-26,475 $29,846 -1.9%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
5
Independent Members
5
Employees
5
Volunteers
10

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
3
$0
Total Directors
6
$49,085
Key Employees
1
$49,085
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ARMANDO FELICIANO PRESIDENT 1.00
Officer Director
$0 $0 $0
DAVID FAILEY TREASURER 1.00
Officer Director
$0 $0 $0
MANUEL FRAU-RAMOS SECRETARY 1.00
Officer Director
$0 $0 $0
ANTHONY LORENZANO BOARD MEMEBER 1.00
Director
$0 $0 $0
NANCY SANTIAGO BOARD MEMBER 1.00
Director
$0 $0 $0
JUAN REYES FALCON EXECUTIVE DIRECTOR 21.00
Director Key Emp Highest
$49,085 $0 $49,085
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 $278,522 $304,997 $27,840 $-26,475
2024 $58,501 $46,130 $40,211 $12,371
2023 $214,525 $184,679 $54,315 $29,846
2023 $214,527 $184,681 $54,315 $29,846
Explore More Nonprofits
→Top 100 Nonprofits in Massachusetts →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare HISPANIC AMERICAN LIBRARY INC with other nonprofits in Massachusetts and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.