CENTER FOR LATINO PROGRESS CONNECTICUT PUERTO RICAN FORUM INC (EIN 061385027) - Form 990 Financial Analysis & Trantor Score

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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

1978

Legal Domicile

Principal Officer

ARLEEN COHEN

Phone

8602473227

Tax Period

2024-07-01 to 2025-06-30

CENTER FOR LATINO PROGRESS CONNECTICUT PUERTO RICAN FORUM INC, founded in 1978, is a community nonprofit in the Unknown sector that reported $1.3M in total revenue in fiscal year 2024. Expenses of $1.1M left a modest 15% surplus.

Mission

TO EDUCATE AND CREATE JOB OPPORTUNITIES FOR MINORITIES IN THE GREATER HARTFORD, CT AREA.

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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 $1,229,583

Program Service Revenue $36,430

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,266,013

Expense Breakdown

Grants Paid $0

Salaries & Benefits $787,958

Fundraising Expenses $0

Program Expenses $964,215

Other Expenses $288,703

TOTAL EXPENSES $1,076,661

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,266,013	$1,303,567	0.0%
Expenses	$1,076,661	$1,403,185	-0.2%
Net Income	$189,352	$-99,618	-2.9%

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

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

$85,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JULIO CASIANO	CHAIRMAN	2.00	Officer Director	$0	$0	$0
DOUGLAS MCINTOSH	SECRETARY	2.00	Officer Director	$0	$0	$0
DULCIDIO ECHEVARRIA	DIRECTOR	2.00	Director	$0	$0	$0
LUIS RIVERA	DIRECTOR	2.00	Director	$0	$0	$0
LINETTE ESPINOSA	DIRECTOR	2.00	Director	$0	$0	$0
ARLEEN COHEN	EXECUTIVE DI	40.00	Officer	$85,000	$0	$85,000

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
2025	$1,266,013	$1,076,661	$1,131,928	$189,352
2024	$1,303,567	$1,403,185	$904,148	$-99,618
2023	$1,587,114	$1,568,032	$1,000,157	$19,082
2022	$1,123,835	$1,140,889	$998,349	$-17,054
2021	$1,380,077	$1,171,638	$1,077,177	$208,439
2019	$1,445,959	$1,479,983	$451,677	$-34,024

CENTER FOR LATINO PROGRESS CONNECTICUT PUERTO RICAN FORUM INC