Las Villas de Magnolia Inc (EIN 203168458) - 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

2005

Legal Domicile

Phone

7132404861

Tax Period

2023-01-01 to 2023-12-31

Las Villas de Magnolia Inc, founded in 2005, is a small nonprofit in the Housing & Shelter sector that reported $455K in total revenue in fiscal year 2023. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $624K exceeded revenue, resulting in a 37% operating deficit.

Mission

To provide senior citizen housing, economic development and community development primarily in Houston's Hispanic neighborhoods.

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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 $0

Program Service Revenue $453,724

Investment Income $1,463

Other Revenue $0

TOTAL REVENUE $455,187

Expense Breakdown

Grants Paid $0

Salaries & Benefits $135,424

Fundraising Expenses $0

Program Expenses $623,759

Other Expenses $488,335

TOTAL EXPENSES $623,759

Year-over-Year Comparison

	2023	2022	Change
Revenue	$455,187	$384,055	+0.2%
Expenses	$623,759	$531,713	+0.2%
Net Income	$-168,572	$-147,658	+0.1%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Peter Clementi	Chairman	10.00	Officer Director	$0	$0	$0
Carlos Alvarez	Secretary	1.00	Director	$0	$0	$0
Gary Flores	Vice Chairman	1.00	Director	$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	$455,187	$623,759	$3,361,288	$-168,572
2022	$384,055	$531,713	$3,529,969	$-147,658
2021	$347,235	$577,680	$3,681,039	$-230,445
2020	$347,357	$559,739	$3,910,442	$-212,382
2019	$348,231	$529,738	$4,119,255	$-181,507
2018	$350,508	$561,380	$4,297,636	$-210,872

Las Villas de Magnolia Inc