LULAC AMISTAD APARTMENTS (EIN 237159279) - 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

1969

Legal Domicile

Principal Officer

FERNANDO CANSECO

Phone

3613644096

Tax Period

2023-01-01 to 2023-12-31

LULAC AMISTAD APARTMENTS, founded in 1969, is a micro nonprofit in the Housing & Shelter sector that reported $87K in total revenue in fiscal year 2023. Revenue surged 72% from the prior year, signaling strong growth momentum. The organization ran a surplus of $46K, a strong 53% operating margin.

Mission

TO PROVIDE LOW-INCOME HOUSING TO THOSE INDIVIDUALS IN NEED OF PUBLIC HOUSING ASSISTANCE AS REGULATED BY THE UNITED STATES DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT.

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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 $87,177

Investment Income $7

Other Revenue $0

TOTAL REVENUE $87,184

Expense Breakdown

Grants Paid $2,796

Salaries & Benefits $31,000

Fundraising Expenses $0

Program Expenses $39,431

Other Expenses $7,219

TOTAL EXPENSES $41,015

Year-over-Year Comparison

	2023	2022	Change
Revenue	$87,184	$50,752	+0.7%
Expenses	$41,015	$76,945	-0.5%
Net Income	$46,169	$-26,193	-2.8%

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

$9,500

Total Directors

$21,500

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GONZALO TAMEZ	DIRECTOR	15.00	Director	$10,500	$0	$10,500
FERNANDO CANSECO	CHAIRMAN	20.00	Director	$9,500	$0	$9,500
WILLIAM D BONILLA SR	SECRETARY	15.00	Officer	$9,500	$0	$9,500
ADOLFO ESCOBEDO	DIRECTOR	7.00	Director	$750	$0	$750
FILIBERTO GARCIA	DIRECTOR	7.00	Director	$750	$0	$750

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	$87,184	$41,015	$75,646	$46,169
2022	$50,752	$76,945	$29,477	$-26,193
2021	$66,084	$82,443	$52,451	$-16,359
2020	$78,633	$95,007	$68,810	$-16,374
2019	$62,757	$79,103	$85,184	$-16,346
2018	$51,413	$69,352	$305,518	$-17,939

LULAC AMISTAD APARTMENTS