SPANISH SPEAKING ELDERLY COUNCIL - RAICES INC (EIN 112730462) - 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

1983

Legal Domicile

Principal Officer

DAMARIS SANTIAGO

Phone

7186430232

Tax Period

2024-07-01 to 2025-06-30

SPANISH SPEAKING ELDERLY COUNCIL - RAICES INC, founded in 1983, is a community nonprofit that reported $3.8M in total revenue in fiscal year 2024.

Mission

TO PROVIDE CASE ASSISTANCE INFORMATION AND OUTREACH SERVICES IN RESPONSE TO THE NEEDS OF HISPANICS AND OTHER LOW-INCOME SENIORS.

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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 $3,764,718

Program Service Revenue $54,232

Investment Income $192

Other Revenue $-2,391

TOTAL REVENUE $3,816,751

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,117,807

Fundraising Expenses $0

Program Expenses $3,327,601

Other Expenses $1,677,500

TOTAL EXPENSES $3,795,307

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,816,751	$3,708,605	+0.0%
Expenses	$3,795,307	$3,614,382	+0.1%
Net Income	$21,444	$94,223	-0.8%

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

100

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

$201,095

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAMARIS SANTIAGO	CHAIRPERSON	2.00	Officer Director	$0	$0	$0
ROSE GAYNUS	SECRETARY	2.00	Officer Director	$0	$0	$0
EDWIN SALAS	TREASURER	2.00	Officer Director	$0	$0	$0
YOLANDA DIAZ	DIRECTOR	1.00	Director	$0	$0	$0
ANNIE MCQUEEN	DIRECTOR	1.00	Director	$0	$0	$0
LISETTE SOSA-DICKSON	EXECUTIVE DIRECTOR	40.00	Officer	$156,803	$44,292	$201,095
YVONNE COTTO	ASSOCIATE EXECUTIVE DIRECTOR	40.00	Highest	$110,742	$15,355	$126,097

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	$3,816,751	$3,795,307	$2,469,087	$21,444
2024	$3,708,605	$3,614,382	$2,333,584	$94,223
2023	$3,497,237	$3,342,551	$2,481,729	$154,686
2022	$3,320,048	$3,217,183	$947,855	$102,865
2021	$2,904,425	$2,827,229	$674,566	$77,196
2020	$3,085,011	$3,037,071	$935,670	$47,940
2019	$3,119,979	$3,077,474	$940,396	$42,505

SPANISH SPEAKING ELDERLY COUNCIL - RAICES INC