SPANISH EDUCATION DEVELOPMENT CENTER (EIN 237147887) - 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

1971

Legal Domicile

Principal Officer

DIOGENES R ROCHA

Phone

2027224404

Tax Period

2024-07-01 to 2025-06-30

SPANISH EDUCATION DEVELOPMENT CENTER, founded in 1971, is a community nonprofit that reported $5.5M in total revenue in fiscal year 2024. The organization ran a surplus of $1.4M, a strong 25% operating margin.

Mission

TO PROVIDE LIFE-CHANGING EDUCATIONAL OPPORTUNITIES FOR LOW-INCOME IMMIGRANT FAMILIES PRIMARILY FROM LATIN AMERICA. BY DEVELOPING INNOVATIVE PROGRAMS TO MEET THE CHANGING NEEDS OF LATINOS AND THEIR CHILDREN, SED EMPOWERS FAMILIES TO EFFECTIVELY NAVIGATE A NEW, MULTILINGUAL, MULTICULTURAL WORLD. SED STRIVES TO HELP ITS STUDENTS GAIN THE KNOWLEDGE, SKILLS, AND CONFIDENCE NECESSARY TO LEAD PRODUCTIVE, SELF-SUFFICIENT LIVES.

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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 $4,800,277

Program Service Revenue $553,980

Investment Income $205,052

Other Revenue $-45,280

TOTAL REVENUE $5,514,029

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,136,525

Fundraising Expenses $0

Program Expenses $3,687,392

Other Expenses $995,704

TOTAL EXPENSES $4,132,229

Year-over-Year Comparison

	2024	2023	Change
Revenue	$5,514,029	$5,406,412	+0.0%
Expenses	$4,132,229	$4,125,169	+0.0%
Net Income	$1,381,800	$1,281,243	+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

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

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RAYMOND A RITCHEY	PRESIDENT EMERITUS	1.00	Officer Director	$0	$0	$0
DIOGENES R ROCHA	PRESIDENT	1.00	Officer Director	$0	$0	$0
JHON PACHECO	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
ALEJANDRO TERAN	TREASURER	1.00	Officer Director	$0	$0	$0
JAMES BILLINGS-KANG	SECRETARY	1.00	Officer Director	$0	$0	$0
DANIEL BONILLA	MEMBER	1.00	Director	$0	$0	$0
JONATHAN DUBON	MEMBER	1.00	Director	$0	$0	$0
RYAN RHED	MEMBER	1.00	Director	$0	$0	$0
LAURA RIBERA-NUNEZ	MEMBER	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
2025	$5,514,029	$4,132,229	$13,639,229	$1,381,800
2024	$5,406,412	$4,125,169	$12,376,184	$1,281,243
2023	$4,083,722	$3,589,081	$11,218,893	$494,641
2022	$4,392,288	$3,540,501	$10,824,826	$851,787
2021	$5,200,853	$3,369,449	$10,065,683	$1,831,404
2020	$3,847,940	$3,435,527	$8,328,635	$412,413
2019	$3,955,409	$3,468,049	$7,962,997	$487,360

SPANISH EDUCATION DEVELOPMENT CENTER