HISPANIC INFORMATION AND TELECOMMUNICATIONS NETWORK INC (EIN 133112110) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1981

Legal Domicile

Principal Officer

MICHAEL D NIEVES

Phone

2129665660

Tax Period

2024-01-01 to 2024-12-31

HISPANIC INFORMATION AND TELECOMMUNICATIONS NETWORK INC, founded in 1981, is a major nonprofit that reported $207.0M in total revenue in fiscal year 2024. Revenue surged 3134% from the prior year, signaling strong growth momentum. The organization ran a surplus of $187.7M, a strong 91% operating margin.

Mission

TO ADVANCE THE EDUCATIONAL, CULTURAL & SOCIO-ECONOMIC ASPIRATIONS OF U.S. HISPANICS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $6,668,387

Investment Income $200,258,857

Other Revenue $108,355

TOTAL REVENUE $207,035,599

Expense Breakdown

Grants Paid $0

Salaries & Benefits $8,270,472

Fundraising Expenses $98,594

Program Expenses $13,694,833

Other Expenses $11,049,970

TOTAL EXPENSES $19,320,442

Year-over-Year Comparison

	2024	2023	Change
Revenue	$207,035,599	$6,402,339	+31.3%
Expenses	$19,320,442	$18,552,658	+0.0%
Net Income	$187,715,157	$-12,150,319	-16.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✓ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$1,331,778

Total Directors

$819,904

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL D NIEVES	CEO/BOARD MEMBER	40.00	Officer Director	$705,206	$64,698	$769,904
EDUARDO BHATIA	CHAIRPERSON	2.00	Director	$10,000	$0	$10,000
NELSON DENIS	BOARD MEMBER	2.00	Director	$10,000	$0	$10,000
LINDA HERNANDEZ ROSADO	BOARD MEMBER	2.00	Director	$10,000	$0	$10,000
ANGEL CRUZ	BOARD MEMBER	2.00	Director	$10,000	$0	$10,000
CARMEN HERNANDEZ	BOARD MEMBER	2.00	Director	$10,000	$0	$10,000
KENNEDY PAUL	COO & CFO	40.00	Officer	$519,522	$42,352	$561,874
MARYANN R MARRAPODI	CHIEF LEARNING & DEV. OFFICER	40.00	Highest	$265,771	$16,468	$282,239
GUILLERMO SIERRA	HEAD OF TELEVISION & DIGITAL	40.00	Highest	$231,870	$16,944	$248,814
ERIC D TURPIN	GENERAL MANAGER, HITN-TV	40.00	Highest	$161,823	$9,419	$171,242
MAURICIO GALLEGO	DIRECTOR, CONT. OPS. & CREATIVE SVCS	40.00	Highest	$166,081	$9,078	$175,159
PEDRO R HERRERA	DIRECTOR, IT & BROADCAST OPERATIONS	40.00	Highest	$166,755	$9,753	$176,508

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	$207,035,599	$19,320,442	$254,440,567	$187,715,157
2023	$6,402,339	$18,552,658	$67,228,879	$-12,150,319
2022	$5,708,997	$17,721,312	$80,379,814	$-12,012,315
2021	$7,004,731	$16,207,749	$92,790,670	$-9,203,018
2020	$4,481,206	$18,100,894	$102,391,589	$-13,619,688
2019	$5,746,411	$18,446,449	$114,083,489	$-12,700,038
2018	$4,232,119	$20,795,342	$126,809,831	$-16,563,223

HISPANIC INFORMATION AND TELECOMMUNICATIONS NETWORK INC