GALEO LATINO COMMUNITY DEVELOP FUND INC (EIN 201565775) - 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

2004

Legal Domicile

Principal Officer

GERARDO GONZALEZ

Tax Period

2023-01-01 to 2023-12-31

GALEO LATINO COMMUNITY DEVELOP FUND INC, founded in 2004, is a community nonprofit in the Community Improvement sector that reported $1.9M in total revenue in fiscal year 2023.

Mission

GALEO LATINO COMMUNITY DEVELOPMENT FUND INC MISSION IS TO INCREASE CIVIC PARTICIPATION BY EDUCATING AND EMPOWERING THE LATINO COMMUNITY AND TO DEVELOP LATINO LEADERS THROUGH STRATEGIC LEADERSHIP PROGRAMS THROUGHOUT GEORGIA.

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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 $1,842,253

Program Service Revenue $0

Investment Income $25,690

Other Revenue $0

TOTAL REVENUE $1,867,943

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,524,731

Fundraising Expenses $158,710

Program Expenses $1,664,176

Other Expenses $502,007

TOTAL EXPENSES $2,026,738

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,867,943	$1,901,294	0.0%
Expenses	$2,026,738	$2,193,613	-0.1%
Net Income	$-158,795	$-292,319	-0.5%

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

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

$133,028

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GERARDO GONZAL	CEO	20	Key Emp Highest	$133,028	$0	$133,028
ART GAMBILL	CHAIRMAN	2	Officer Director	$0	$0	$0
JEFFREY ELLMAN	SECRETARY	2	Officer Director	$0	$0	$0
ADRIANA VARELA	VICE CHAIR	2	Officer Director	$0	$0	$0
SARAH LOPEZ	TREASURER	2	Officer Director	$0	$0	$0
JASON ESTEVES	MEMBER	2	Officer	$0	$0	$0
EVELYN WOODSON	MEMBER	2	Officer	$0	$0	$0
LEONARD GOMEZ	MEMBER	2	Officer	$0	$0	$0
KYLE MURPHY	MEMBER	2	Officer	$0	$0	$0
ADELA YELTON	MEMBER	2	Officer	$0	$0	$0
PETER VILLEGAS	MEMBER	2	Officer	$0	$0	$0
ALLAN SOTO	MEMBER	2	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	$1,867,943	$2,026,738	$1,855,668	$-158,795
2022	$1,901,294	$2,193,613	$2,039,150	$-292,319
2021	$1,727,824	$915,789	$2,159,067	$812,035
2020	$2,336,940	$1,436,228	$1,390,963	$900,712
2019	$576,471	$366,762	$494,935	$209,709
2018	$345,055	$309,139	$269,708	$35,916

GALEO LATINO COMMUNITY DEVELOP FUND INC