LATINO PUBLIC RADIO

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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

2006

Legal Domicile

Principal Officer

REYNALDO ALMONTE

Phone

4019423881

Tax Period

2024-01-01 to 2024-12-31

LATINO PUBLIC RADIO, founded in 2006, is a small nonprofit in the Arts, Culture & Humanities sector that reported $209K in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $179K left a modest 14% surplus.

Mission

THE LATINO PUBLIC RADIO PROVIDES INFORMATION WHICH IS EDUCATIONAL, CULTURAL, CIVIC, POLITICAL, SOCIAL AND SIMILARLY RELATED SUBJECTS THROUGH THE AIRWAVES FOR THE LATIN AMERICAN COMMUNITY.

Program Service Accomplishments

Program 1

Expenses: $122,346

LPR ADDRESSES CRITICAL HEALTH ISSUES IN RHODE ISLAND BOTH IN ENGLISH AND SPANISH WHICH NOW MORE THAN EVER INCLUDES AFFORDABLE AND SAFE HOUSING, ACCESS TO NUTRITIOUS FOOD AND OTHER BASIC NEEDS. LPR...

LPR ADDRESSES CRITICAL HEALTH ISSUES IN RHODE ISLAND BOTH IN ENGLISH AND SPANISH WHICH NOW MORE THAN EVER INCLUDES AFFORDABLE AND SAFE HOUSING, ACCESS TO NUTRITIOUS FOOD AND OTHER BASIC NEEDS. LPR BRINGS THIS INFORMATION BY ATTENDING, BROADCASTING AND RECORDING COMMUNITY FORUMS, DATA RELEASE EVENTS AND CONFERENCES THAT PERTAIN TO HELP KEEP OUR COMMUNITY HEALTHY IN EVERY ASPECT OF THEIR LIVES. PROVIDES INFORMATION AND RESOURCES THAT CAN HELP WITH THESE ISSUES BY PARTNERING WITH OTHER NON-PROFITS

Program 2

Expenses: $56,581

THE ORGANIZATION PROVIDES THE LATINO COMMUNITY WITH INTERNET RADIO. THIS PROGRAMMING PROVIDES EDUCATIONAL, CULTURAL, CIVIC, POLITICAL AND SOCIAL INFORMATION TO SAID COMMUNITY.

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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 $208,668

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $208,668

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $178,927

Other Expenses $178,927

TOTAL EXPENSES $178,927

Year-over-Year Comparison

	2024	2023	Change
Revenue	$208,668	$186,681	+0.1%
Expenses	$178,927	$172,590	+0.0%
Net Income	$29,741	$14,091	+1.1%

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
NANCY ALEJO	BOARD MEMBER	1.00	Director	$0	$0	$0
MAXIMA MENDEZ	DIRECTOR	1.00	Director	$0	$0	$0
VICTOR DURAN	DIRECTOR	1.00	Director	$0	$0	$0
MONICA CHANCO	DIRECTOR	1.00	Director	$0	$0	$0
REYNALDO ALMOINTE	CEO GENERAL MANAGER	30.00	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
2024	$208,668	$178,927	$39,644	$29,741
2022	$187,142	$205,628	$27,428	$-18,486
2021	$254,433	$246,340	$45,562	$8,093