CANARY ISLANDS DESCENDANTS ASSOCIATION (EIN 113755581) - 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

1977

Legal Domicile

Principal Officer

FREDDIE T BUSTILLO

Phone

7133020257

Tax Period

2020-01-01 to 2020-12-31

CANARY ISLANDS DESCENDANTS ASSOCIATION, founded in 1977, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $16K in total revenue in fiscal year 2020. Revenue fell 83% from the prior year — a significant decline worth monitoring. Expenses of $14K left a modest 15% surplus.

Mission

A GENEALOGICAL SOCIETY DESIGNED TO PROMOTE INTEREST AND AWARENESS OF HISTORICAL FACTS CONCERNING THE FOREBEARES OF VILLA DE SAN FERNANDO IN 1731 NOW KNOWN AS SAN ANTONIO, TEXAS.

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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 (2020)

Revenue Breakdown

Contributions & Grants $15,630

Program Service Revenue $0

Investment Income $54

Other Revenue $335

TOTAL REVENUE $16,019

Expense Breakdown

Grants Paid $2,100

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $13,401

Other Expenses $11,536

TOTAL EXPENSES $13,636

Year-over-Year Comparison

	2020	2019	Change
Revenue	$16,019	$95,301	-0.8%
Expenses	$13,636	$148,052	-0.9%
Net Income	$2,383	$-52,751	-1.0%

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
CAROL MANISCALCO	3RD VICE PRESIDENT	3.00	Officer	$0	$0	$0
CHARLES CARVAJAL	CUSTODIAN OF CIDA PROPERTY	3.00	Officer	$0	$0	$0
JAMES JOHNSON	PARLIAMENTARIAN	3.00	Officer	$0	$0	$0
ROSEMARY GEYER	CHAPLAIN	3.00	Officer	$0	$0	$0
AMY OROSCO	MERCHANDISING MANAGER	5.00	Officer	$0	$0	$0
CONNIE GALLARDO	TREASURER	5.00	Officer	$0	$0	$0
CYNTHIA BUSTILLO	2ND VICE PRESIDENT	5.00	Officer	$0	$0	$0
MICHELLE RIVERA	PUBLIC RELATIONS MGR	5.00	Officer	$0	$0	$0
FREDDIE BUSTILLO	PRESIDENT	10.00	Officer	$0	$0	$0
MELISSA HERNANDEZ	RECORDING SECRETARY	3.00	Officer	$0	$0	$0
ANTHONY DELGADO	1ST VICE PRESIDENT	8.00	Officer	$0	$0	$0
MARIVEL TAMEZ	PAST PRESIDENT	3.00	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
2020	$16,019	$13,636	$164,116	$2,383
2019	$95,301	$148,052	$161,733	$-52,751
2018	$589,264	$527,770	$214,148	$61,494

CANARY ISLANDS DESCENDANTS ASSOCIATION