NEW YORK HISPANIC COSMETOLOGY & BEAUTY CHAMBERS OF (EIN 223973154) - 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

2007

Legal Domicile

Principal Officer

DOLORES CISNEROS

Phone

7186147112

Tax Period

2024-01-01 to 2024-12-31

NEW YORK HISPANIC COSMETOLOGY & BEAUTY CHAMBERS OF, founded in 2007, is a micro nonprofit in the Community Improvement sector that reported $74K in total revenue in fiscal year 2024. Revenue surged 41% from the prior year, signaling strong growth momentum. Expenses of $88K exceeded revenue, resulting in a 19% operating deficit.

Mission

TO FOSTER GROWTH AND DEVELOPMENT BY EMPOWERING BEAUTY PROFESSIONAL,SMALL BUSINESS OWNERS AND PROVIDE THEM WITH EDUCATION AND RESOURCES.

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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 $73,752

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $73,752

Expense Breakdown

Grants Paid $0

Salaries & Benefits $56,297

Fundraising Expenses $0

Program Expenses $76,140

Other Expenses $31,677

TOTAL EXPENSES $87,974

Year-over-Year Comparison

	2024	2023	Change
Revenue	$73,752	$52,231	+0.4%
Expenses	$87,974	$74,311	+0.2%
Net Income	$-14,222	$-22,080	-0.4%

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

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

$52,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROMMY PENNELLA	VP PRESIDENT	40.00	Director Highest	$52,000	$0	$52,000
DOLORES CISNEROS	PRESIDENT	30.00	Officer Director	$0	$0	$0
JUANA AYALA	SECRETARY	5.00	Officer Director	$0	$0	$0
GREGORY AVENTURA	TRESURER	5.00	Officer 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	$73,752	$87,974	$11,446	$-14,222
2023	$52,231	$74,311	$20,917	$-22,080
2023	$52,231	$74,311	$20,917	$-22,080
2021	$69,708	$47,782	$65,262	$21,926
2020	$40,562	$36,339	$43,389	$4,223
2019	$105,054	$96,276	$9,205	$8,778
2018	$82,673	$14,971	$40,202	$67,702

NEW YORK HISPANIC COSMETOLOGY & BEAUTY CHAMBERS OF