Jersey City, NJ
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Segunda Quimbamba Folkloric Center Inc, founded in 1997, is a small nonprofit in the Arts, Culture & Humanities sector that reported $212K in total revenue in fiscal year 2025. Revenue surged 28% from the prior year, signaling strong growth momentum. Expenses of $190K left a modest 10% surplus.
To promote the preservation of folkloric music and dance of Puerto Rico especially the Bomba and the Plena of Puerto Rico through teaching performances recordings and publications. SQFC creates spaces where these Afro-Puerto Rican drumming and dancing traditions manifest themselves in the Puerto Rican diaspora. We strive to celebrate and share our drumming and dancing traditions with Puerto Ricans and others who seek to collaborate and learn about this Afro-Puerto Rican folklore especially and the Afro-Latino influences in Latin American culture in general.
SQFC continued growing the number of students served in all of our teaching platforms in 2025. Our adult and childrens classes in dance and drum had their highest enrollment this year requiring...
SQFC continued growing the number of students served in all of our teaching platforms in 2025. Our adult and childrens classes in dance and drum had their highest enrollment this year requiring additional classes for our students. Our public-school residencies were completed in Willingboro Newark Jersey City Bayonne Hoboken Princeton Union City Kearny and Trenton New Jersey and exposed these students to dance and drum practices that led to memorable student performances in each of these cities. In sum approximately 600 students were part of SQFCs instructional programs in 2025.
With 49 performances logged in 2025 over 9,500 persons of all races and nationalities witnessed SQFCs Afro-Puerto Rican musical expressions. With the addition of our performance at the National...
With 49 performances logged in 2025 over 9,500 persons of all races and nationalities witnessed SQFCs Afro-Puerto Rican musical expressions. With the addition of our performance at the National Puerto Rican Day Parade in June 2025 - the largest Puerto Rican parade in the U.S. - an additional 250,000 people enjoyed live Bomba and Plena music with Segunda Quimbamba. Among the 259,000 persons who saw Segunda Quimbamba perform in 2025 we had over 7,000 public-school students who were introduced to Puerto Rican drum and dance traditions at assemblies in Hoboken Morris Plains Bayonne Newark Jersey City Toms River Princeton Berkeley Heights Paterson Bridgeton Irvington North Haledon Trenton Kearny Pleasantville New Jersey plus schools in Wilmington and Dover Delaware.
Reclaim The Block is SQFCs annual street music festival held in Jersey City. In 2025 it drew close to 500 people who enjoyed childrens arts and crafts food art and clothing vendors and live music...
Reclaim The Block is SQFCs annual street music festival held in Jersey City. In 2025 it drew close to 500 people who enjoyed childrens arts and crafts food art and clothing vendors and live music from U.S. Puerto Rican and Peruvian musicians. The dance and drum ensemble Segunda Quimbamba closed the event with live participatory Bomba music. The festival was very well received by our neighbors in Jersey City and was made possible by the work of our volunteers.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2025 | 2024 | Change | |
|---|---|---|---|
| Revenue | $211,591 | $165,661 | +0.3% |
| Expenses | $190,107 | $158,121 | +0.2% |
| Net Income | $21,484 | $7,540 | +1.8% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
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Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Nanette Hernandez | President | 30.00 |
Officer
Director
|
$40,715 | $0 | $40,715 |
| Juan Cartagena | Executive Director | 20.00 |
Officer
Director
|
$35,793 | $3,535 | $39,328 |
| Crystal Montalvo | Trustee | 1.00 |
Director
|
$1,480 | $0 | $1,480 |
| Anita Arora | Secretary | 0.00 |
Officer
Director
|
$0 | $0 | $0 |
| Janet Harris | Trustee | 0.00 |
Director
|
$0 | $0 | $0 |
| Jennifer Gandasegui | Trustee | 0.00 |
Director
|
$0 | $0 | $0 |
| Omar Perez | Trustee | 0.00 |
Director
|
$0 | $0 | $0 |
| Ryan de France | Trustee | 0.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $211,591 | $190,107 | $110,890 | $21,484 |
| 2021 | $59,196 | $50,991 | $47,686 | $8,205 |
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