ECUADORIAN CIVIC CENTER OF GREATER… - Form 990 Financial Data

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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

1997

Legal Domicile

Principal Officer

LEONARDO CORDOVA

Phone

2037901818

Tax Period

2023-01-01 to 2023-12-31

ECUADORIAN CIVIC CENTER OF GREATER DANBURY, founded in 1997, is a small nonprofit in the Unknown sector that reported $195K in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $183K left a modest 6% surplus.

Mission

THE MISSION OF THE ECUADORIAN CIVIC CENTER OF GREATER DANBURY, INC. IS TO FACILITATE THE ASSIMILATION OF THE ECUADORIAN COMMUNITY WITH AMERICAN CULTURE AND VALUES. BY OFFERING EDUCATIONAL AND RECREATIONAL PROGRAMS THE CENTER STRIVES TO ENHANCE THE ECUADORIAN COMMUNITY'S ABILITY TO PARTICIPATE IN CIVIC, SOCIAL, CULTURAL, AND SPORTING ACTIVITIES IN THE GREATER DANBURY AREA.

Program Service Accomplishments

Program 1

Expenses: $31,524

SPORTS HELP INDIVIDUALS BUILD CHARACTER FOR GOOD CITIZENSHIP. THE CENTER SPONSORS VARIOUS SOCCER LEAGUES FOR BOTH MEN AND WOMEN WITH THAT GOAL IN MIND. TEAMWORK, PLAYING BY THE RULES, AND RESPECTING...

Program 2

ON AN ANNUAL BASIS THE ECUADORIAN CIVIC CENTER SPONSORS A FESTIVAL SHOWCASING ECUADORIAN CULTURE AND CUSTOMS. THIS SERVES TO TEACH THE CHILDREN OF RECENT ARRIVALS ABOUT THE CULTURE OF THEIR PARENTS AS WELL AS EXPOSING ECUADORIAN CULTURE TO THE OTHER RESIDENTS OF THE GREATER DANBURY AREA.

Program 3

Expenses: $3,025

THE CENTER SPONSORS OTHER EVENTS THROUGHOUT THE YEAR TO FOSTER CITIZENSHIP AMONG ITS MEMBERS. THE CENTER HELPS ITS MEMBERS ASSIMILATE INTO OUR AMERICAN CULTURE BY PARTICIPATING IN THE CITY'S MEMORIAL DAY PARADE AS WELL THE CLEAN CITY DANBURY DAY. THE CENTER ALSO SPONSORS VARIOUS EDUCATIONAL FORUMS TO THOSE INTERESTED IN BECOMING AMERICAN CITIZENS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $19,936

Program Service Revenue $175,394

Investment Income $0

Other Revenue $0

TOTAL REVENUE $195,330

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $53,390

Other Expenses $182,754

TOTAL EXPENSES $182,754

Year-over-Year Comparison

	2023	2022	Change
Revenue	$195,330	$174,177	+0.1%
Expenses	$182,754	$182,143	+0.0%
Net Income	$12,576	$-7,966	-2.6%

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

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MANUAL ANDRADE	DIRECTOR	N/A	Director	$0	$0	$0
LUIS CAPELO	DIRECTOR	N/A	Director	$0	$0	$0
MARICELA CARDONA	DIRECTOR	N/A	Director	$0	$0	$0
JUAN CORDOVA	DIRECTOR	N/A	Director	$0	$0	$0
ELSA FAJARDO	DIRECTOR	N/A	Director	$0	$0	$0
LUIS GUALAN	DIRECTOR	N/A	Director	$0	$0	$0
MILTON PELAEZ	DIRECTOR	N/A	Director	$0	$0	$0
JAIME VILLAVISENCIO	DIRECTOR	N/A	Director	$0	$0	$0
OSWALDO ZHINDON	DIRECTOR	N/A	Director	$0	$0	$0
LEONARDO CORDOVA	PRESIDENT	N/A	Officer	$0	$0	$0
JOSE GUALLPA	VICE PRESIDE	N/A	Officer	$0	$0	$0
MARIA LEMA	TREASURER	N/A	Officer	$0	$0	$0
OSCAR PESANTEZ	PRESIDENT	N/A	Officer	$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	No data	No data	No data	No data
2023	$195,330	$182,754	$400,288	$12,576
2022	$174,177	$182,143	$391,756	$-7,966
2021	$89,264	$93,842	$405,614	$-4,578
2020	$67,146	$99,414	$431,220	$-32,268
2019	$196,201	$169,477	$484,000	$26,724
2018	$243,744	$222,909	$476,599	$20,835

ECUADORIAN CIVIC CENTER OF GREATER DANBURY