FEDERATION OF MULTICULTURAL PROGRA… - 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

1970

Legal Domicile

Principal Officer

RICHARD MONTALVAN

Phone

7183459500

Tax Period

2019-07-01 to 2020-06-30

FEDERATION OF MULTICULTURAL PROGRAMSINC, founded in 1970, is a micro nonprofit that reported $7K in total revenue in fiscal year 2019. Revenue surged 3624% from the prior year, signaling strong growth momentum. Expenses of $70K exceeded revenue, resulting in a 889% operating deficit.

Mission

FEDERATION OF MULTICULTURAL PROGRAMS, INC.'S MISSION IS TO DEVELOP AND PROVIDE SOUND AND INNOVATIVE PROGRAMS FOR ALL IN NEED, REGARDLESS OF RACE, CREED, NATIONAL ORIGIN, SEXUAL PREFERENCE, RELIGION OR HANDICAP, WHILE ADHERING TO HIGH PROFESSIONAL STANDARDS.

Program Service Accomplishments

Program 1

N/A

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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 (2019)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $1,158

Other Revenue $5,880

TOTAL REVENUE $7,038

Expense Breakdown

Grants Paid $0

Salaries & Benefits $36,116

Fundraising Expenses $0

Other Expenses $33,524

TOTAL EXPENSES $69,640

Year-over-Year Comparison

	2019	2018	Change
Revenue	$7,038	$189	+36.2%
Expenses	$69,640	N/A	N/A
Net Income	$-62,602	$189	-332.2%

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

N/A

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

$33,128

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RICHARD MONTALVAN	FISCAL DIRECTOR	40.00	Officer	$33,128	$0	$33,128

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
2020	$7,038	$69,640	$352,258	$-62,602
2019	$-802,810	$787,016	$415,352	$-1,589,826
2018	$215,447	$1,131,635	$1,660,283	$-916,188

FEDERATION OF MULTICULTURAL PROGRAMSINC